SoundHound AI Balance Sheet Health
Financial Health criteria checks 5/6
SoundHound AI has a total shareholder equity of $155.5M and total debt of $85.5M, which brings its debt-to-equity ratio to 55%. Its total assets and total liabilities are $287.4M and $132.0M respectively.
Key information
55.0%
Debt to equity ratio
US$85.54m
Debt
| Interest coverage ratio | n/a |
| Cash | US$211.74m |
| Equity | US$155.48m |
| Total liabilities | US$131.95m |
| Total assets | US$287.43m |
Recent financial health updates
Recent updates
SoundHound: A Strong, But Expensive AI Voice Play
Jul 01SoundHound: The Valuation Is Not Sound
Jun 23Robust SaaS Growth At SoundHound AI, But Risky Customer Concentration
Jun 01SoundHound AI: Don't Chase AI Hype Following Q1 Earnings
May 10SoundHound AI: Sounds Amazing, If We Forget Reality
Apr 15SoundHound AI's Momentum Is Showing Weaknesses As Insiders Sell
Mar 24Small Cap Nuance With Courage & Conviction Investing
Mar 04SoundHound AI: Nvidia, SoftBank Investments Put Into Perspective
Feb 16SoundHound AI, Inc.'s (NASDAQ:SOUN) Share Price Matching Investor Opinion
Feb 15
SoundHound AI: Growth Is Fading Away, Keep Clear
Jan 18Why Investors Shouldn't Be Surprised By SoundHound AI, Inc.'s (NASDAQ:SOUN) 50% Share Price Surge
Apr 17SoundHound AI, Inc. (NASDAQ:SOUN) Released Earnings Last Week And Analysts Lifted Their Price Target To US$4.23
Mar 10Newsflash: SoundHound AI, Inc. (NASDAQ:SOUN) Analysts Have Been Trimming Their Revenue Forecasts
Feb 10SoundHound AI: Expect To Be A Meaningful Winner In The AI Industry
Oct 13Archimedes Completes SPAC Merger With SoundHound AI
Jun 01Financial Position Analysis
Short Term Liabilities: SOUN's short term assets ($234.0M) exceed its short term liabilities ($26.5M).
Long Term Liabilities: SOUN's short term assets ($234.0M) exceed its long term liabilities ($105.5M).
Debt to Equity History and Analysis
Debt Level: SOUN has more cash than its total debt.
Reducing Debt: Insufficient data to determine if SOUN's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: SOUN has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: SOUN has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 10.9% each year