Sound (SOGP) Other Non-Current Liabilities (2020 - 2023)
Sound's Other Non-Current Liabilities was $500,000 in the quarter ended Jun 30, 2023, down 21.1% from $634,000 a year earlier and down 6.5% from the prior quarter.
Sound (SOGP) Other Non-Current Liabilities (2020 - 2023) Analysis & Trends
As of Dec 31, 2022, Other Non-Current Liabilities at Sound came in at $573,000, down 18.0% from the prior year.
- Other Non-Current Liabilities has now declined for three consecutive years, with a four-year compound annual growth rate of -89.7% (years ended Dec 2018 to Dec 2022).
- In earlier years, Other Non-Current Liabilities was $699,000 in the year ended Dec 31, 2021 (-16.7%), $839,200 in the year ended Dec 31, 2020 (-100.0%), $7.82 billion in the year ended Dec 31, 2019 (+53.2%) and $5.11 billion in the year ended Dec 31, 2018.
- The figure for the quarter ended Jun 30, 2023 marks the lowest quarterly Other Non-Current Liabilities in data going back to the quarter ended Dec 31, 2018.
- Compared with a year earlier, Other Non-Current Liabilities has declined for nine straight quarters, with an average decline of 17.7% over the last eight quarters.
- The best year-over-year quarter for Other Non-Current Liabilities over five years was the quarter ended Dec 31, 2019 (growth of 48.5%); the worst was the quarter ended Dec 31, 2020 (a decline of 100.0%).
- Per Business Quant data, SOGP's Other Non-Current Liabilities in the three quarters before the quarter ended Jun 30, 2023 was $535,000 (quarter ended Mar 31, 2023), $555,667 (quarter ended Dec 31, 2022) and $599,000 (quarter ended Sep 30, 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 3,924.29 Bn | 3,681.81 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,641.81 Bn | 1,344.33 Bn | 49.47 Bn |
| 3 | Netflix | 275.91 Bn | 237.21 Bn | 6.80 Bn |
| 4 | Alibaba Group Holding | 235.81 Bn | 49.59 Bn | 15.11 Bn |
| 5 | Shopify | 218.39 Bn | 195.58 Bn | 1.71 Bn |
| 6 | Uber Technologies | 140.20 Bn | 112.00 Bn | 6.38 Bn |
| 7 | Booking Holdings | 123.99 Bn | 57.04 Bn | - |
| 8 | Spotify Technology | 119.36 Bn | 76.86 Bn | 1.86 Bn |
| 9 | PDD Holdings | 110.55 Bn | -133.22 Bn | 9.45 Bn |
| 10 | Sound | 51.22 Mn | -279.50 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2023 | 500,000.00 |
| Mar 31, 2023 | 535,000.00 |
| Dec 31, 2022 | 567,563.33 |
| Sep 30, 2022 | 599,000.00 |
| Jun 30, 2022 | 634,000.00 |
| Mar 31, 2022 | 666,000.00 |
| Dec 31, 2021 | 698,670.80 |
| Sep 30, 2021 | 736,000.00 |
| Jun 30, 2021 | 764,000.00 |
| Mar 31, 2021 | 799,000.00 |
| Dec 31, 2020 | 829,628.06 |
| Sep 30, 2020 | 865,000.00 |
| Jun 30, 2020 | 897,000.00 |
Sound Other Non-Current Liabilities API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=other-non-current-liabilities&ticker=SOGP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-non-current-liabilities", "ticker": "SOGP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=other-non-current-liabilities&ticker=SOGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();