Soundhound Ai (SOUN) Non-Current Debt (2021 - 2024)
Soundhound Ai (SOUN) posted Non-Current Debt of $39.7 million for Q3 2024, down 53.6% sequentially from $85.5 million in Q1 2024, and down 52.35% YoY from $83.3 million in Q4 2023.
Soundhound Ai (SOUN) Non-Current Debt (2021 - 2024) Analysis & Trends
Soundhound Ai has reported Non-Current Debt for 4 years, with the latest figure at $39.7 million in Q3 2024.
- Quarterly Non-Current Debt fell 52.35% year-over-year to $39.7 million in Q3 2024, while the trailing twelve-month figure through Sep 2024 was $39.7 million (down 52.35% YoY) and the FY2023 annual result came in at $84.3 million, up 360.75% from the prior year.
- Non-Current Debt slipped to $39.7 million in Q3 2024 per SOUN's latest filing, from $85.5 million in the prior quarter.
- Over five years, Non-Current Debt peaked at $85.5 million in Q1 2024 and troughed at $5.0 million in Q2 2021.
- A 4-year average of $44.5 million and a median of $32.9 million in 2022 frame the typical range for Non-Current Debt.
- The widest YoY moves for Non-Current Debt: up 509.5% in 2024, down 52.35% in 2024.
- Over 4 years, Non-Current Debt stood at $5.0 million in 2021, then jumped by 265.98% to $18.3 million in 2022, then jumped by 360.75% to $84.3 million in 2023, then tumbled by 52.92% to $39.7 million in 2024.
- According to Business Quant data, Non-Current Debt over the past three periods registered $39.7 million, $85.5 million, and $84.3 million for Q3 2024, Q1 2024, and Q4 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 9.93 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | - |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 39.28 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 12.72 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 5.44 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | - |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 4.96 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 4.80 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 6.16 Bn |
| 10 | Soundhound Ai | 3.00 Bn | 2.79 Bn | 27.93 Mn | - |
Historic Data
Download 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 |