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SoundHound AI (SoundHound AI) Debt-to-Asset : 0.60 (As of Dec. 2023)


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What is SoundHound AI Debt-to-Asset?

SoundHound AI's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2.76 Mil. SoundHound AI's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $87.40 Mil. SoundHound AI's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $151.12 Mil. SoundHound AI's debt to asset for the quarter that ended in Dec. 2023 was 0.60.

SoundHound AI Debt-to-Asset Historical Data

The historical data trend for SoundHound AI's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SoundHound AI Debt-to-Asset Chart

SoundHound AI Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
0.26 1.49 1.16 0.60

SoundHound AI Quarterly Data
Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.16 0.54 0.47 0.62 0.60

Competitive Comparison of SoundHound AI's Debt-to-Asset

For the Software - Application subindustry, SoundHound AI's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

SoundHound AI's Debt-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, SoundHound AI's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where SoundHound AI's Debt-to-Asset falls into.


SoundHound AI Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

SoundHound AI's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(2.758 + 87.401) / 151.122
=0.60

SoundHound AI's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(2.758 + 87.401) / 151.122
=0.60

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

SoundHound AI  (NAS:SOUN) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

SoundHound AI Debt-to-Asset Related Terms

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SoundHound AI (SoundHound AI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » SoundHound AI Inc (NAS:SOUN) » Definitions » Debt-to-Asset
Comparable Companies
AMSWA SMWB TROO XPER DJCO LAW MTLS BTDR FRGE BLND CRM XTER:SAP INTU NOW UBER CDNS SHOP WDAY XPAR:DSY ROP
Traded in Other Exchanges
N/A
Address
5400 Betsy Ross Drive, Santa Clara, CA, USA, 95054
Website
https://www.soundhound.com
SoundHound AI Inc is an innovator of conversational intelligence, offering an independent Voice AI platform that enables businesses across industries to deliver high-quality conversational experiences to customers.
Executives
Timothy Stonehocker officer: Chief Technology Officer 5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054
Michael Zagorsek officer: Chief Operating Officer 5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054
Lawrence Marcus director 2105 WOODSIDE RD., WOODSIDE CA 94062
Nitesh Sharan officer: Chief Financial Officer 5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054
Keyvan Mohajer director, 10 percent owner, officer: CEO 5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054
Majid Emami 10 percent owner, officer: VP, Engineering 5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054
James Ming Hom director, officer: VP, Products 5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054
Diana Sroka director 5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054
Eric R. Ball director C/O GLU MOBILE INC., 45 FREMONT STREET, SUITE 2800, SAN FRANCISCO CA 94105
Global Catalyst Partners Iii L P 10 percent owner 6239 MOJAVE DRIVE, SAN JOSE CA 95120
Zubin Irani officer: Chief Revenue Officer 5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054
Global Catalyst Venture Management Iii, Llc 10 percent owner 6239 MOJAVE DRIVE, SAN JOSE CA 95120
Stephen N Cannon director, 10 percent owner, officer: Chief Executive Officer 13/F TOWER 2, NEW WORLD TOWER, 18 QUEENS ROAD CENTRAL, HONG KONG K3 K3 00000
Bryant B Edwards director 25/28 OLD BURLINGTON STREET, LONDON X0 W1S 3AN
Daniel L Sheehan officer: Chief Operating Officer 38 KEYES AVENUE SUITE 204, SAN FRANCISCO CA 94129