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
DateValue
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