SoundHound Other Stockholder Equity vs Property Plant And Equipment Net Analysis

SOUNW Stock  USD 2.70  0.38  16.38%   
SoundHound financial indicator trend analysis is much more than just breaking down SoundHound AI prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SoundHound AI is a good investment. Please check the relationship between SoundHound Other Stockholder Equity and its Property Plant And Equipment Net accounts. 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.

Other Stockholder Equity vs Property Plant And Equipment Net

Other Stockholder Equity vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SoundHound AI Other Stockholder Equity account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between SoundHound's Other Stockholder Equity and Property Plant And Equipment Net is -0.04. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of SoundHound AI, assuming nothing else is changed. The correlation between historical values of SoundHound's Other Stockholder Equity and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of SoundHound AI are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Other Stockholder Equity i.e., SoundHound's Other Stockholder Equity and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

-0.04
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Stockholder Equity

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from SoundHound's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 Issuance Of Capital Stock is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 1.18 in 2024, whereas Selling General Administrative is likely to drop slightly above 22.8 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit14.6M21.5M34.6M17.8M
Total Revenue21.2M31.1M45.9M26.2M

SoundHound fundamental ratios Correlations

0.51-0.11-0.20.27-0.32-0.19-0.48-0.520.790.870.74-0.560.820.780.59-0.560.010.00.54-0.030.820.550.54-0.40.91
0.51-0.830.66-0.390.610.72-0.880.270.60.80.67-0.560.430.50.88-0.560.540.860.520.580.470.930.74-0.960.79
-0.11-0.83-0.610.34-0.71-0.810.89-0.39-0.38-0.5-0.550.49-0.17-0.36-0.850.49-0.42-0.94-0.6-0.46-0.23-0.82-0.80.92-0.51
-0.20.66-0.61-0.720.940.88-0.440.740.060.160.1-0.18-0.11-0.10.3-0.180.670.85-0.060.75-0.080.460.18-0.630.1
0.27-0.390.34-0.72-0.8-0.540.12-0.950.10.180.27-0.180.280.43-0.14-0.18-0.93-0.530.5-0.940.29-0.40.170.240.12
-0.320.61-0.710.94-0.80.85-0.50.860.070.030.08-0.19-0.14-0.130.36-0.190.770.87-0.040.82-0.110.520.24-0.610.03
-0.190.72-0.810.88-0.540.85-0.550.62-0.040.280.14-0.1-0.23-0.070.51-0.10.450.940.180.53-0.180.540.37-0.760.19
-0.48-0.880.89-0.440.12-0.5-0.55-0.09-0.75-0.74-0.860.8-0.6-0.73-0.920.8-0.36-0.78-0.8-0.37-0.65-0.9-0.950.95-0.79
-0.520.27-0.390.74-0.950.860.62-0.09-0.27-0.35-0.370.25-0.46-0.540.060.250.820.57-0.480.85-0.460.27-0.18-0.21-0.31
0.790.6-0.380.060.10.07-0.04-0.75-0.270.740.93-0.920.970.920.65-0.920.270.270.670.230.980.690.76-0.580.85
0.870.8-0.50.160.180.030.28-0.74-0.350.740.84-0.640.70.790.8-0.640.050.430.730.060.730.730.76-0.760.97
0.740.67-0.550.10.270.080.14-0.86-0.370.930.84-0.940.890.970.76-0.940.060.410.880.050.920.690.92-0.740.89
-0.56-0.560.49-0.18-0.18-0.19-0.10.80.25-0.92-0.64-0.94-0.89-0.92-0.591.0-0.16-0.38-0.77-0.15-0.91-0.59-0.820.64-0.71
0.820.43-0.17-0.110.28-0.14-0.23-0.6-0.460.970.70.89-0.890.940.5-0.890.090.060.640.051.00.510.66-0.420.8
0.780.5-0.36-0.10.43-0.13-0.07-0.73-0.540.920.790.97-0.920.940.63-0.92-0.090.190.86-0.110.960.540.83-0.570.84
0.590.88-0.850.3-0.140.360.51-0.920.060.650.80.76-0.590.50.63-0.590.340.710.740.340.540.950.89-0.90.85
-0.56-0.560.49-0.18-0.18-0.19-0.10.80.25-0.92-0.64-0.941.0-0.89-0.92-0.59-0.16-0.38-0.77-0.15-0.91-0.59-0.820.64-0.71
0.010.54-0.420.67-0.930.770.45-0.360.820.270.050.06-0.160.09-0.090.34-0.160.56-0.260.990.080.610.09-0.390.16
0.00.86-0.940.85-0.530.870.94-0.780.570.270.430.41-0.380.060.190.71-0.380.560.380.620.110.760.61-0.90.4
0.540.52-0.6-0.060.5-0.040.18-0.8-0.480.670.730.88-0.770.640.860.74-0.77-0.260.38-0.260.680.540.94-0.680.74
-0.030.58-0.460.75-0.940.820.53-0.370.850.230.060.05-0.150.05-0.110.34-0.150.990.62-0.260.040.610.09-0.430.15
0.820.47-0.23-0.080.29-0.11-0.18-0.65-0.460.980.730.92-0.911.00.960.54-0.910.080.110.680.040.540.7-0.470.82
0.550.93-0.820.46-0.40.520.54-0.90.270.690.730.69-0.590.510.540.95-0.590.610.760.540.610.540.78-0.880.8
0.540.74-0.80.180.170.240.37-0.95-0.180.760.760.92-0.820.660.830.89-0.820.090.610.940.090.70.78-0.850.81
-0.4-0.960.92-0.630.24-0.61-0.760.95-0.21-0.58-0.76-0.740.64-0.42-0.57-0.90.64-0.39-0.9-0.68-0.43-0.47-0.88-0.85-0.74
0.910.79-0.510.10.120.030.19-0.79-0.310.850.970.89-0.710.80.840.85-0.710.160.40.740.150.820.80.81-0.74
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SoundHound Account Relationship Matchups

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