SoundHound Historical Balance Sheet

SOUNW Stock  USD 2.70  0.38  16.38%   
Trend analysis of SoundHound AI balance sheet accounts such as Total Stockholder Equity of 29.6 M, Property Plant And Equipment Net of 11.5 M, Accounts Payable of 2.2 M or Cash of 100 M provides information on SoundHound's total assets, liabilities, and equity, which is the actual value of SoundHound AI to its prevalent stockholders. By breaking down trends over time using SoundHound balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining SoundHound AI latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether SoundHound AI is a good buy for the upcoming year.

SoundHound Inventory

97.65 Million

  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SoundHound AI. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About SoundHound Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of SoundHound AI at a specified time, usually calculated after every quarter, six months, or one year. SoundHound Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of SoundHound and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which SoundHound currently owns. An asset can also be divided into two categories, current and non-current.

SoundHound Balance Sheet Chart

At this time, SoundHound's Other Current Assets are fairly stable compared to the past year. Other Stockholder Equity is likely to climb to about 636.4 M in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 50.1 M in 2024.

Total Current Liabilities

Total Current Liabilities is an item on SoundHound balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of SoundHound AI are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Capital Lease Obligations

SoundHound AI capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to SoundHound asset purchases. For example, SoundHound can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as SoundHound control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.
Most accounts from SoundHound's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into SoundHound AI current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SoundHound AI. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, SoundHound's Other Current Assets are fairly stable compared to the past year. Other Stockholder Equity is likely to climb to about 636.4 M in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 50.1 M in 2024.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total73.3M44.3M90.2M50.1M
Total Assets49.2M38.3M151.1M80.6M

SoundHound balance sheet Correlations

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SoundHound Account Relationship Matchups

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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.