Soundhound Ai (SOUN) Non-Current Debt (2021 - 2024)

Soundhound Ai (SOUN) reported Non-Current Debt of $39.7 million for Q3 2024, down 52.35% on a YoY basis from $83.3 million in Q4 2023, and down 53.6% sequentially from $85.5 million in Q1 2024.

Soundhound Ai (SOUN) Non-Current Debt (2021 - 2024) Analysis & Trends

Soundhound Ai (SOUN) has 4 years of Non-Current Debt data on file, last reported at $39.7 million in Q3 2024.

  • For the quarter ending Q3 2024, Non-Current Debt fell 52.35% year-over-year to $39.7 million; the trailing twelve-month figure through Sep 2024 stood at $39.7 million (down 52.35% YoY), and the FY2023 full-year result was $84.3 million, up 360.75% from the prior year.
  • Non-Current Debt slipped to $39.7 million in Q3 2024, 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.
  • 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.
  • Peak annual rise in Non-Current Debt reached 509.5% in 2024, while the deepest fall reached 52.35% in 2024.
  • Tracing SOUN's Non-Current Debt over 4 years: 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 plunged by 52.92% to $39.7 million in 2024.
  • Business Quant data shows SOUN's Non-Current Debt at $39.7 million in Q3 2024, $85.5 million in Q1 2024, and $84.3 million in Q4 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non-Current Debt (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn -
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 10.51 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 39.28 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 5.44 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 3.98 Bn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn -
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 2.48 Bn
10 Soundhound Ai 2.62 Bn 2.41 Bn 13.74 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