SoundHound Short Term Debt vs Net Receivables 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 Short Term Debt and its Net Receivables 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.

Short Term Debt vs Net Receivables

Short Term Debt vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SoundHound AI Short Term Debt account and Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between SoundHound's Short Term Debt and Net Receivables is -0.28. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Net Receivables 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 Short Term Debt and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of SoundHound AI are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Short Term Debt i.e., SoundHound's Short Term Debt and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.28

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Short Term Debt

Net Receivables

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 Profit	14.6M	21.5M	34.6M	17.8M
Total Revenue	21.2M	31.1M	45.9M	26.2M

Gross Profit Total Revenue

SoundHound fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Current Deferred Revenue	Long Term Debt
Total Assets		0.51	-0.11	-0.2	0.27	-0.32	-0.19	-0.48	-0.52	0.79	0.87	0.74	-0.56	0.82	0.78	0.59	-0.56	0.01	0.0	0.54	-0.03	0.82	0.55	0.54	-0.4	0.91
Short Long Term Debt Total	0.51		-0.83	0.66	-0.39	0.61	0.72	-0.88	0.27	0.6	0.8	0.67	-0.56	0.43	0.5	0.88	-0.56	0.54	0.86	0.52	0.58	0.47	0.93	0.74	-0.96	0.79
Other Current Liab	-0.11	-0.83		-0.61	0.34	-0.71	-0.81	0.89	-0.39	-0.38	-0.5	-0.55	0.49	-0.17	-0.36	-0.85	0.49	-0.42	-0.94	-0.6	-0.46	-0.23	-0.82	-0.8	0.92	-0.51
Total Current Liabilities	-0.2	0.66	-0.61		-0.72	0.94	0.88	-0.44	0.74	0.06	0.16	0.1	-0.18	-0.11	-0.1	0.3	-0.18	0.67	0.85	-0.06	0.75	-0.08	0.46	0.18	-0.63	0.1
Total Stockholder Equity	0.27	-0.39	0.34	-0.72		-0.8	-0.54	0.12	-0.95	0.1	0.18	0.27	-0.18	0.28	0.43	-0.14	-0.18	-0.93	-0.53	0.5	-0.94	0.29	-0.4	0.17	0.24	0.12
Property Plant And Equipment Net	-0.32	0.61	-0.71	0.94	-0.8		0.85	-0.5	0.86	0.07	0.03	0.08	-0.19	-0.14	-0.13	0.36	-0.19	0.77	0.87	-0.04	0.82	-0.11	0.52	0.24	-0.61	0.03
Net Debt	-0.19	0.72	-0.81	0.88	-0.54	0.85		-0.55	0.62	-0.04	0.28	0.14	-0.1	-0.23	-0.07	0.51	-0.1	0.45	0.94	0.18	0.53	-0.18	0.54	0.37	-0.76	0.19
Retained Earnings	-0.48	-0.88	0.89	-0.44	0.12	-0.5	-0.55		-0.09	-0.75	-0.74	-0.86	0.8	-0.6	-0.73	-0.92	0.8	-0.36	-0.78	-0.8	-0.37	-0.65	-0.9	-0.95	0.95	-0.79
Accounts Payable	-0.52	0.27	-0.39	0.74	-0.95	0.86	0.62	-0.09		-0.27	-0.35	-0.37	0.25	-0.46	-0.54	0.06	0.25	0.82	0.57	-0.48	0.85	-0.46	0.27	-0.18	-0.21	-0.31
Cash	0.79	0.6	-0.38	0.06	0.1	0.07	-0.04	-0.75	-0.27		0.74	0.93	-0.92	0.97	0.92	0.65	-0.92	0.27	0.27	0.67	0.23	0.98	0.69	0.76	-0.58	0.85
Non Current Assets Total	0.87	0.8	-0.5	0.16	0.18	0.03	0.28	-0.74	-0.35	0.74		0.84	-0.64	0.7	0.79	0.8	-0.64	0.05	0.43	0.73	0.06	0.73	0.73	0.76	-0.76	0.97
Non Currrent Assets Other	0.74	0.67	-0.55	0.1	0.27	0.08	0.14	-0.86	-0.37	0.93	0.84		-0.94	0.89	0.97	0.76	-0.94	0.06	0.41	0.88	0.05	0.92	0.69	0.92	-0.74	0.89
Other Assets	-0.56	-0.56	0.49	-0.18	-0.18	-0.19	-0.1	0.8	0.25	-0.92	-0.64	-0.94		-0.89	-0.92	-0.59	1.0	-0.16	-0.38	-0.77	-0.15	-0.91	-0.59	-0.82	0.64	-0.71
Cash And Short Term Investments	0.82	0.43	-0.17	-0.11	0.28	-0.14	-0.23	-0.6	-0.46	0.97	0.7	0.89	-0.89		0.94	0.5	-0.89	0.09	0.06	0.64	0.05	1.0	0.51	0.66	-0.42	0.8
Net Receivables	0.78	0.5	-0.36	-0.1	0.43	-0.13	-0.07	-0.73	-0.54	0.92	0.79	0.97	-0.92	0.94		0.63	-0.92	-0.09	0.19	0.86	-0.11	0.96	0.54	0.83	-0.57	0.84
Common Stock Shares Outstanding	0.59	0.88	-0.85	0.3	-0.14	0.36	0.51	-0.92	0.06	0.65	0.8	0.76	-0.59	0.5	0.63		-0.59	0.34	0.71	0.74	0.34	0.54	0.95	0.89	-0.9	0.85
Short Term Investments	-0.56	-0.56	0.49	-0.18	-0.18	-0.19	-0.1	0.8	0.25	-0.92	-0.64	-0.94	1.0	-0.89	-0.92	-0.59		-0.16	-0.38	-0.77	-0.15	-0.91	-0.59	-0.82	0.64	-0.71
Non Current Liabilities Total	0.01	0.54	-0.42	0.67	-0.93	0.77	0.45	-0.36	0.82	0.27	0.05	0.06	-0.16	0.09	-0.09	0.34	-0.16		0.56	-0.26	0.99	0.08	0.61	0.09	-0.39	0.16
Other Current Assets	0.0	0.86	-0.94	0.85	-0.53	0.87	0.94	-0.78	0.57	0.27	0.43	0.41	-0.38	0.06	0.19	0.71	-0.38	0.56		0.38	0.62	0.11	0.76	0.61	-0.9	0.4
Other Stockholder Equity	0.54	0.52	-0.6	-0.06	0.5	-0.04	0.18	-0.8	-0.48	0.67	0.73	0.88	-0.77	0.64	0.86	0.74	-0.77	-0.26	0.38		-0.26	0.68	0.54	0.94	-0.68	0.74
Total Liab	-0.03	0.58	-0.46	0.75	-0.94	0.82	0.53	-0.37	0.85	0.23	0.06	0.05	-0.15	0.05	-0.11	0.34	-0.15	0.99	0.62	-0.26		0.04	0.61	0.09	-0.43	0.15
Total Current Assets	0.82	0.47	-0.23	-0.08	0.29	-0.11	-0.18	-0.65	-0.46	0.98	0.73	0.92	-0.91	1.0	0.96	0.54	-0.91	0.08	0.11	0.68	0.04		0.54	0.7	-0.47	0.82
Intangible Assets	0.55	0.93	-0.82	0.46	-0.4	0.52	0.54	-0.9	0.27	0.69	0.73	0.69	-0.59	0.51	0.54	0.95	-0.59	0.61	0.76	0.54	0.61	0.54		0.78	-0.88	0.8
Common Stock	0.54	0.74	-0.8	0.18	0.17	0.24	0.37	-0.95	-0.18	0.76	0.76	0.92	-0.82	0.66	0.83	0.89	-0.82	0.09	0.61	0.94	0.09	0.7	0.78		-0.85	0.81
Current Deferred Revenue	-0.4	-0.96	0.92	-0.63	0.24	-0.61	-0.76	0.95	-0.21	-0.58	-0.76	-0.74	0.64	-0.42	-0.57	-0.9	0.64	-0.39	-0.9	-0.68	-0.43	-0.47	-0.88	-0.85		-0.74
Long Term Debt	0.91	0.79	-0.51	0.1	0.12	0.03	0.19	-0.79	-0.31	0.85	0.97	0.89	-0.71	0.8	0.84	0.85	-0.71	0.16	0.4	0.74	0.15	0.82	0.8	0.81	-0.74

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SoundHound Short Term Debt vs Net Receivables Analysis

Short Term Debt vs Net Receivables

Short Term Debt vs Net Receivables Correlation Analysis

Correlation Coefficient

Short Term Debt

Net Receivables

SoundHound fundamental ratios Correlations

SoundHound Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for SoundHound Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Term Investments	+ 1.0	Other Assets
Total Current Assets	+ 1.0	Cash And Short Term Investments
Total Liab	+ 0.99	Non Current Liabilities Total
Total Current Assets	+ 0.98	Cash
Cash And Short Term Investments	+ 0.97	Cash
Long Term Debt	+ 0.97	Non Current Assets Total

Current Deferred Revenue	- 0.96	Short Long Term Debt Total
Common Stock	- 0.95	Retained Earnings
Accounts Payable	- 0.95	Total Stockholder Equity
Short Term Investments	- 0.94	Non Currrent Assets Other
Other Assets	- 0.94	Non Currrent Assets Other
Total Liab	- 0.94	Total Stockholder Equity