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| 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 |