SoundHound Tax Provision from 2010 to 2024

SOUNW Stock  USD 3.10  0.40  14.81%   
SoundHound Tax Provision yearly trend continues to be fairly stable with very little volatility. Tax Provision will likely drop to about 2.1 M in 2024. Tax Provision is the amount set aside by SoundHound AI to cover any estimated taxes for the current period. It reflects SoundHound's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2010-12-31
Previous Quarter
3.6 M
Current Value
2.1 M
Quarterly Volatility
935.5 K
 
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 Tax Provision Growth Pattern

Below is the plot of the Tax Provision of SoundHound AI over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. SoundHound's Tax Provision 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.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

SoundHound Tax Provision Regression Statistics

Arithmetic Mean1,144,290
Geometric Mean932,954
Coefficient Of Variation81.76
Mean Deviation687,664
Median738,000
Standard Deviation935,537
Sample Variance875.2B
Range3.1M
R-Value0.62
Mean Square Error579.5B
R-Squared0.39
Significance0.01
Slope129,827
Total Sum of Squares12.3T

SoundHound Tax Provision History

20242.1 M
20233.6 M
20222.9 M
2021456 K

About SoundHound Financial Statements

SoundHound investors use historical fundamental indicators, such as SoundHound's Tax Provision, 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
Tax Provision3.6 M2.1 M

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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.