SoundHound Current Ratio from 2010 to 2024

SOUNW Stock  USD 3.10  0.40  14.81%   
SoundHound Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio is likely to outpace its year average in 2024. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
4.68736325
Current Value
4.92
Quarterly Volatility
1.19913504
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SoundHound financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SoundHound's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.2 M, Selling General Administrative of 22.8 M or Selling And Marketing Expenses of 11.8 M, as well as many indicators such as Price To Sales Ratio of 20.86, Dividend Yield of 0.0 or PTB Ratio of 18.12. SoundHound financial statements analysis is a perfect complement when working with SoundHound Valuation or Volatility modules.
  
Check out the analysis of SoundHound Correlation against competitors.

Latest SoundHound's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of SoundHound AI over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. SoundHound's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in SoundHound's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.31 X10 Years Trend
Pretty Stable
   Current Ratio   
       Timeline  

SoundHound Current Ratio Regression Statistics

Arithmetic Mean2.26
Geometric Mean1.90
Coefficient Of Variation52.97
Mean Deviation0.68
Median2.16
Standard Deviation1.20
Sample Variance1.44
Range4.6069
R-Value0.24
Mean Square Error1.46
R-Squared0.06
Significance0.38
Slope0.07
Total Sum of Squares20.13

SoundHound Current Ratio History

2024 4.92
2023 4.69
2022 0.47
2021 0.31
2020 2.0

About SoundHound Financial Statements

SoundHound investors use historical fundamental indicators, such as SoundHound's Current Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in SoundHound. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 4.69  4.92 

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Additional Tools for SoundHound Stock Analysis

When running SoundHound's price analysis, check to measure SoundHound's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SoundHound is operating at the current time. Most of SoundHound's value examination focuses on studying past and present price action to predict the probability of SoundHound's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SoundHound's price. Additionally, you may evaluate how the addition of SoundHound to your portfolios can decrease your overall portfolio volatility.