SoundHound Historical Balance Sheet

SOUN Stock  USD 13.64  0.33  2.36%   
Trend analysis of SoundHound AI balance sheet accounts such as Total Stockholder Equity of 34 M, Other Liab of 15.2 M, Property Plant And Equipment Net of 11.5 M or Accounts Payable of 2.2 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

112.3 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 employment.

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 Accounts Payable is very stable compared to the past year. As of the 19th of January 2025, Cash is likely to grow to about 115 M, while Other Current Liabilities is likely to drop about 10.3 M.

Total Assets

Total assets refers to the total amount of SoundHound assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in SoundHound AI books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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 employment.
At this time, SoundHound's Accounts Payable is very stable compared to the past year. As of the 19th of January 2025, Cash is likely to grow to about 115 M, while Other Current Liabilities is likely to drop about 10.3 M.
 2022 2023 2024 2025 (projected)
Short and Long Term Debt Total44.3M90.2M103.7M108.9M
Total Assets38.3M151.1M173.8M182.5M

SoundHound balance sheet Correlations

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0.8-0.760.54-0.15-0.810.90.50.55-0.95-0.040.840.790.880.850.740.790.95-0.710.450.830.750.460.770.890.89
-0.31-0.76-0.630.330.75-0.85-0.73-0.820.84-0.34-0.36-0.4-0.5-0.81-0.21-0.35-0.750.43-0.42-0.94-0.56-0.46-0.26-0.79-0.71
0.010.54-0.63-0.71-0.550.620.940.88-0.40.690.070.10.090.56-0.06-0.050.28-0.20.670.81-0.040.75-0.040.470.16
0.29-0.150.33-0.710.0-0.09-0.79-0.530.08-0.920.170.210.29-0.180.30.410.03-0.18-0.91-0.460.48-0.930.3-0.350.21
-0.49-0.810.75-0.550.0-0.97-0.41-0.760.810.1-0.47-0.76-0.65-0.95-0.39-0.54-0.730.36-0.11-0.84-0.69-0.17-0.43-0.68-0.74
0.570.9-0.850.62-0.09-0.970.540.78-0.90.00.570.710.720.940.470.60.83-0.50.250.910.730.30.510.760.82
-0.040.5-0.730.94-0.79-0.410.540.84-0.420.820.04-0.040.050.48-0.1-0.10.32-0.250.760.81-0.050.82-0.080.530.19
-0.030.55-0.820.88-0.53-0.760.780.84-0.550.550.00.230.140.76-0.14-0.020.39-0.080.450.910.180.53-0.10.540.33
-0.73-0.950.84-0.40.080.81-0.9-0.42-0.550.07-0.77-0.76-0.85-0.86-0.66-0.75-0.970.6-0.35-0.82-0.82-0.36-0.69-0.88-0.94
-0.52-0.04-0.340.69-0.920.10.00.820.550.07-0.41-0.5-0.480.01-0.54-0.6-0.20.230.740.39-0.560.77-0.530.12-0.34
0.990.84-0.360.070.17-0.470.570.040.0-0.77-0.410.80.960.520.980.960.88-0.790.240.390.780.20.990.710.85
0.810.79-0.40.10.21-0.760.71-0.040.23-0.76-0.50.80.850.80.770.820.79-0.440.060.490.770.060.790.720.8
0.970.88-0.50.090.29-0.650.720.050.14-0.85-0.480.960.850.650.940.980.93-0.80.080.490.920.060.950.710.95
0.50.85-0.810.56-0.18-0.950.940.480.76-0.860.010.520.80.650.410.520.78-0.330.310.890.640.350.440.840.76
0.990.74-0.21-0.060.3-0.390.47-0.1-0.14-0.66-0.540.980.770.940.410.960.8-0.790.110.240.760.061.00.580.79
0.980.79-0.35-0.050.41-0.540.6-0.1-0.02-0.75-0.60.960.820.980.520.960.87-0.8-0.030.340.91-0.060.980.610.9
0.850.95-0.750.280.03-0.730.830.320.39-0.97-0.20.880.790.930.780.80.87-0.740.30.720.880.290.820.880.98
-0.81-0.710.43-0.2-0.180.36-0.5-0.25-0.080.60.23-0.79-0.44-0.8-0.33-0.79-0.8-0.74-0.14-0.39-0.69-0.13-0.8-0.54-0.73
0.110.45-0.420.67-0.91-0.110.250.760.45-0.350.740.240.060.080.310.11-0.030.3-0.140.55-0.190.990.10.590.1
0.340.83-0.940.81-0.46-0.840.910.810.91-0.820.390.390.490.490.890.240.340.72-0.390.550.470.60.280.820.65
0.820.75-0.56-0.040.48-0.690.73-0.050.18-0.82-0.560.780.770.920.640.760.910.88-0.69-0.190.47-0.190.80.60.96
0.070.46-0.460.75-0.93-0.170.30.820.53-0.360.770.20.060.060.350.06-0.060.29-0.130.990.6-0.190.060.580.1
1.00.77-0.26-0.040.3-0.430.51-0.08-0.1-0.69-0.530.990.790.950.441.00.980.82-0.80.10.280.80.060.610.82
0.640.89-0.790.47-0.35-0.680.760.530.54-0.880.120.710.720.710.840.580.610.88-0.540.590.820.60.580.610.79
0.850.89-0.710.160.21-0.740.820.190.33-0.94-0.340.850.80.950.760.790.90.98-0.730.10.650.960.10.820.79
Click cells to compare fundamentals

SoundHound Account Relationship Matchups

SoundHound balance sheet Accounts

202020212022202320242025 (projected)
Total Assets63.6M49.2M38.3M151.1M173.8M182.5M
Short Long Term Debt Total16.6M73.3M44.3M90.2M103.7M108.9M
Other Current Liab15.9M10.8M5.1M13.9M12.5M10.3M
Total Current Liabilities24.5M87.7M37.5M24.2M27.9M42.9M
Total Stockholder Equity(276.4M)(343.2M)(35.2M)28.2M32.4M34.0M
Property Plant And Equipment Net10.4M16.4M11.6M6.7M7.7M11.5M
Net Debt(27.1M)51.7M35.0M(5.1M)(5.9M)(5.6M)
Retained Earnings(307.2M)(386.7M)(502.1M)(592.4M)(533.1M)(559.8M)
Accounts Payable3.3M3.8M2.8M1.7M1.5M2.2M
Cash43.7M21.6M9.2M95.3M109.5M115.0M
Non Current Assets Total14.7M21.7M20.5M37.6M43.2M25.0M
Non Currrent Assets Other2.0M3.1M8.9M30.8M35.5M37.2M
Cash And Short Term Investments43.7M21.6M9.2M95.3M109.5M115.0M
Net Receivables3.6M2.1M5.1M15.8M18.2M19.1M
Common Stock Shares Outstanding69.6M67.3M157.3M229.3M263.7M276.8M
Liabilities And Stockholders Equity63.6M49.2M38.3M151.1M173.8M182.5M
Non Current Liabilities Total315.5M304.7M36.0M98.7M88.9M124.5M
Other Current Assets1.7M3.7M3.4M2.5M2.8M2.8M
Other Stockholder Equity(244.9M)(236.0M)466.9M606.1M697.1M731.9M
Total Liab340.0M392.4M73.5M123.0M110.7M155.7M
Total Current Assets48.9M27.5M17.7M113.5M130.6M137.1M

Pair Trading with SoundHound

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if SoundHound position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in SoundHound will appreciate offsetting losses from the drop in the long position's value.

Moving together with SoundHound Stock

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Moving against SoundHound Stock

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The ability to find closely correlated positions to SoundHound could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SoundHound when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back SoundHound - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling SoundHound AI to buy it.
The correlation of SoundHound is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as SoundHound moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SoundHound AI moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for SoundHound can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether SoundHound AI is a strong investment it is important to analyze SoundHound's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SoundHound's future performance. For an informed investment choice regarding SoundHound Stock, refer to the following important reports:
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 employment.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SoundHound. If investors know SoundHound will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SoundHound listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.35)
Revenue Per Share
0.219
Quarterly Revenue Growth
0.891
Return On Assets
(0.18)
Return On Equity
(0.68)
The market value of SoundHound AI is measured differently than its book value, which is the value of SoundHound that is recorded on the company's balance sheet. Investors also form their own opinion of SoundHound's value that differs from its market value or its book value, called intrinsic value, which is SoundHound's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SoundHound's market value can be influenced by many factors that don't directly affect SoundHound's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SoundHound's value and its price as these two are different measures arrived at by different means. Investors typically determine if SoundHound is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SoundHound's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.