SoundHound Total Assets from 2010 to 2024

SOUN Stock  USD 4.76  0.11  2.37%   
SoundHound Total Assets yearly trend continues to be very stable with very little volatility. Total Assets are likely to drop to about 80.6 M. Total Assets is 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. View All Fundamentals
 
Total Assets  
First Reported
2010-12-31
Previous Quarter
151.1 M
Current Value
80.6 M
Quarterly Volatility
24.6 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SoundHound financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SoundHound's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.2 M, Interest Expense of 18.4 M or Selling General Administrative of 22.8 M, as well as many indicators such as Price To Sales Ratio of 10.07, Dividend Yield of 0.0 or PTB Ratio of 18.12. SoundHound financial statements analysis is a perfect complement when working with SoundHound Valuation or Volatility modules.
  
Check out the analysis of SoundHound Correlation against competitors.

Latest SoundHound's Total Assets Growth Pattern

Below is the plot of the Total Assets of SoundHound AI over the last few years. 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. It is 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. SoundHound's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in SoundHound's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 151.12 M10 Years Trend
Slightly volatile
   Total Assets   
       Timeline  

SoundHound Total Assets Regression Statistics

Arithmetic Mean68,291,612
Geometric Mean65,427,310
Coefficient Of Variation36.02
Mean Deviation12,685,327
Median64,156,000
Standard Deviation24,599,521
Sample Variance605.1T
Range112.9M
R-Value0.29
Mean Square Error597T
R-Squared0.08
Significance0.30
Slope1,592,922
Total Sum of Squares8471.9T

SoundHound Total Assets History

202480.6 M
2023151.1 M
202238.3 M
202149.2 M
202063.6 M

Other Fundumenentals of SoundHound AI

SoundHound Total Assets component correlations

0.270.27-0.19-0.48-0.520.77-0.56-0.030.820.550.54-0.25-0.40.910.560.770.74-0.3-0.47-0.56
0.27-0.15-0.540.12-0.950.44-0.18-0.940.29-0.40.170.630.240.120.190.190.59-0.74-0.15-0.18
0.27-0.150.82-0.870.170.5-0.580.320.360.740.79-0.69-0.970.640.770.620.00.56-0.8-0.58
-0.19-0.540.82-0.550.62-0.08-0.10.53-0.180.540.37-0.68-0.760.190.340.1-0.560.89-0.42-0.1
-0.480.12-0.87-0.55-0.09-0.730.8-0.37-0.65-0.9-0.950.810.95-0.79-0.94-0.84-0.35-0.250.940.8
-0.52-0.950.170.62-0.09-0.550.250.85-0.460.27-0.18-0.56-0.21-0.31-0.22-0.32-0.720.770.140.25
0.770.440.5-0.08-0.73-0.55-0.92-0.120.960.540.83-0.27-0.560.840.850.970.86-0.34-0.77-0.92
-0.56-0.18-0.58-0.10.80.25-0.92-0.15-0.91-0.59-0.820.40.64-0.71-0.82-0.95-0.720.120.761.0
-0.03-0.940.320.53-0.370.85-0.12-0.150.040.610.09-0.76-0.430.150.060.14-0.320.68-0.08-0.15
0.820.290.36-0.18-0.65-0.460.96-0.910.040.540.7-0.27-0.470.820.720.950.89-0.33-0.61-0.91
0.55-0.40.740.54-0.90.270.54-0.590.610.540.78-0.94-0.880.80.780.710.220.34-0.78-0.59
0.540.170.790.37-0.95-0.180.83-0.820.090.70.78-0.64-0.850.811.00.870.52-0.01-0.99-0.82
-0.250.63-0.69-0.680.81-0.56-0.270.4-0.76-0.27-0.94-0.640.82-0.55-0.62-0.470.07-0.510.650.4
-0.40.24-0.97-0.760.95-0.21-0.560.64-0.43-0.47-0.88-0.850.82-0.74-0.84-0.71-0.1-0.50.860.64
0.910.120.640.19-0.79-0.310.84-0.710.150.820.80.81-0.55-0.740.820.90.61-0.03-0.76-0.71
0.560.190.770.34-0.94-0.220.85-0.820.060.720.781.0-0.62-0.840.820.870.55-0.05-0.99-0.82
0.770.190.620.1-0.84-0.320.97-0.950.140.950.710.87-0.47-0.710.90.870.75-0.12-0.8-0.95
0.740.590.0-0.56-0.35-0.720.86-0.72-0.320.890.220.520.07-0.10.610.550.75-0.73-0.44-0.72
-0.3-0.740.560.89-0.250.77-0.340.120.68-0.330.34-0.01-0.51-0.5-0.03-0.05-0.12-0.73-0.020.12
-0.47-0.15-0.8-0.420.940.14-0.770.76-0.08-0.61-0.78-0.990.650.86-0.76-0.99-0.8-0.44-0.020.76
-0.56-0.18-0.58-0.10.80.25-0.921.0-0.15-0.91-0.59-0.820.40.64-0.71-0.82-0.95-0.720.120.76
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About SoundHound Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include SoundHound income statement, its balance sheet, and the statement of cash flows. SoundHound investors use historical funamental indicators, such as SoundHound's Total Assets, to determine how well the company is positioned to perform in the future. Although SoundHound investors may use each financial statement separately, they are all related. The changes in SoundHound's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on SoundHound's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on SoundHound Financial Statements. Understanding these patterns can help to make the right decision on long term investment in SoundHound. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Assets151.1 M80.6 M
Intangibles To Total Assets(0.22)(0.21)

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Additional Information and Resources on Investing in SoundHound Stock

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 the analysis of SoundHound Correlation against competitors.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
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
(0.38)
Revenue Per Share
0.203
Quarterly Revenue Growth
0.729
Return On Assets
(0.23)
Return On Equity
(1.20)
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.