Soundhound Ai (SOUN) Non-Current Debt (2021 - 2024)
Soundhound Ai's (SOUN) quarterly Non-Current Debt came in at $39.7 million in Q3 2024, down 52.35% year-over-year from $83.3 million in Q4 2023, and down 53.6% quarter-over-quarter from $85.5 million in Q1 2024.
Analysis
Soundhound Ai (SOUN) Non-Current Debt (2021 - 2024) Analysis & Trends
Soundhound Ai has disclosed Non-Current Debt across 4 years of filings, most recently posting $39.7 million for Q3 2024.
- In Q3 2024, Non-Current Debt fell 52.35% year-over-year to $39.7 million; the TTM figure through Sep 2024 stood at $39.7 million (down 52.35% YoY), while the FY2023 annual figure was $84.3 million, up 360.75% from the prior year.
- Non-Current Debt came in at $39.7 million for Q3 2024 at Soundhound Ai, down from $85.5 million in the prior quarter.
- In the past five years, Non-Current Debt ranged from a high of $85.5 million in Q1 2024 to a low of $5.0 million in Q2 2021.
- Average Non-Current Debt over 4 years is $44.5 million, with a median of $32.9 million recorded in 2022.
- The largest YoY upside for Non-Current Debt was 509.5% in 2024 against a maximum downside of 52.35% in 2024.
- Over 4 years, Non-Current Debt stood at $5.0 million in 2021, then surged by 265.98% to $18.3 million in 2022, then surged by 360.75% to $84.3 million in 2023, then sank by 52.92% to $39.7 million in 2024.
- Per Business Quant data, the three most recent Non-Current Debt figures were $39.7 million in Q3 2024, $85.5 million in Q1 2024, and $84.3 million in Q4 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Baidu | 33.84 Bn | 11.45 Bn | 1.76 Mn | 6.79 Bn |
| 2 | Life360 | 3.59 Bn | 3.32 Bn | 126.90 Mn | - |
| 3 | Soundhound Ai | 2.72 Bn | 2.52 Bn | 27.93 Mn | - |
| 4 | C3.ai | 1.47 Bn | 892.91 Mn | 11.32 Mn | - |
| 5 | Spire Global | 486.56 Mn | 394.89 Mn | 6.16 Mn | - |
| 6 | Spectral Capital | 471.83 Mn | 466.30 Mn | 3.28 Mn | - |
| 7 | Global AI | 147.15 Mn | 147.11 Mn | 82,446.00 | - |
| 8 | Veritone | 90.16 Mn | 77.74 Mn | 15.46 Mn | - |
| 9 | Agassi Sports Entertainment | 81.18 Mn | 81.11 Mn | - | - |
| 10 | Brand Engagement Network | 78.57 Mn | 69.57 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 39.69 Mn |
| Mar 31, 2024 | 85.54 Mn |
| Dec 31, 2023 | 84.31 Mn |
| Sep 30, 2023 | 83.31 Mn |
| Jun 30, 2023 | 66.43 Mn |
| Mar 31, 2023 | 14.04 Mn |
| Dec 31, 2022 | 18.30 Mn |
| Sep 30, 2022 | 22.51 Mn |
| Jun 30, 2022 | 26.13 Mn |
| Jun 30, 2021 | 5.00 Mn |