Soundhound Ai (SOUN) Non-Current Debt (2022 - 2024)
Soundhound Ai recorded quarterly Non-Current Debt of $39.7 million in Q3 2024, down 53.6% quarter-over-quarter from $85.5 million in Q1 2024, and down 52.35% year-over-year from $83.3 million in Q4 2023.
Soundhound Ai's Non-Current Debt history runs 3 years deep, the most recent figure standing at $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 $14.0 million in Q1 2023.
- A 3-year average of $48.9 million and a median of $39.7 million in 2024 frame the typical range for Non-Current Debt.
- On a YoY basis, Non-Current Debt climbed as much as 509.5% in 2024 and fell as far as 52.35% in 2024.
- Soundhound Ai's Non-Current Debt stood at $18.3 million in 2022, then soared by 360.75% to $84.3 million in 2023, then slumped 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 | 253.17 Bn | 235.20 Bn | 8.16 Bn | 7.05 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 10.44 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 10.51 Bn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | - |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | - |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 2.48 Bn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | - |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 3.98 Bn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 5.41 Bn |
| 10 | Soundhound Ai | 3.44 Bn | 3.23 Bn | 13.74 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 39.69 Mn |
| Sep 30, 2024 | 39.69 Mn |
| Mar 31, 2024 | 85.54 Mn |
| Mar 31, 2024 | 85.54 Mn |
| Dec 31, 2023 | 84.31 Mn |
| Dec 31, 2023 | 84.31 Mn |
| Sep 30, 2023 | 83.31 Mn |
| Sep 30, 2023 | 83.31 Mn |
| Jun 30, 2023 | 66.43 Mn |
| Jun 30, 2023 | 66.43 Mn |
| Mar 31, 2023 | 14.04 Mn |
| Mar 31, 2023 | 14.04 Mn |
| Dec 31, 2022 | 18.30 Mn |
| Dec 31, 2022 | 18.30 Mn |
| Sep 30, 2022 | 22.51 Mn |
| Sep 30, 2022 | 22.51 Mn |
| Jun 30, 2022 | 26.13 Mn |
| Jun 30, 2022 | 26.13 Mn |