SoundHound Short Term Debt vs Short Term Investments Analysis

SOUN Stock

USD 4.91 0.15 2.96%

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 Short Term Investments 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 tightly coupled with the direction of predictive economic indicators such as signals in employment.

Short Term Debt vs Short Term Investments

Short Term Debt vs Short Term Investments 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 Short Term Investments. At this time, the significance of the direction appears to have almost no relationship.

The correlation between SoundHound's Short Term Debt and Short Term Investments is 0.12. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Short Term Investments 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 Short Term Investments 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 Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Short Term Debt i.e., SoundHound's Short Term Debt and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.12

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Short Term Debt

Short Term Investments

Short Term Investments is an item under the current assets section of SoundHound balance sheet. It contains any investments SoundHound AI undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that SoundHound AI can easily liquidate in the marketplace.

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 tightly coupled with the direction of predictive economic indicators such as signals in employment.

At this time, SoundHound's Issuance Of Capital Stock is very stable compared to the past year. As of the 28th of May 2024, Sales General And Administrative To Revenue is likely to grow to 1.18, while Selling General Administrative is likely to drop about 22.8 M.

	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	Other Liab	Net Tangible Assets	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
Total Assets		0.51	0.05	-0.2	0.27	-0.32	0.27	-0.32	-0.19	-0.48	-0.52	0.79	0.87	-0.68	0.41	0.82	0.77	0.42	-0.56	0.01	0.96	0.53	-0.03	0.82	0.55	0.54
Short Long Term Debt Total	0.51		-0.55	0.66	-0.39	-0.85	0.89	0.61	0.72	-0.88	0.27	0.6	0.8	-0.48	0.94	0.43	0.5	0.99	-0.56	0.54	0.45	0.7	0.58	0.47	0.93	0.74
Other Current Liab	0.05	-0.55		-0.44	0.59	0.24	-0.45	-0.7	-0.48	0.68	-0.62	-0.35	-0.1	0.24	-0.44	-0.15	-0.16	-0.65	0.38	-0.71	-0.06	-0.31	-0.69	-0.17	-0.73	-0.54
Total Current Liabilities	-0.2	0.66	-0.44		-0.72	-0.59	0.67	0.94	0.88	-0.44	0.74	0.06	0.16	-0.19	0.6	-0.11	-0.1	0.67	-0.18	0.67	-0.22	0.2	0.75	-0.08	0.46	0.18
Total Stockholder Equity	0.27	-0.39	0.59	-0.72		0.06	-0.15	-0.8	-0.54	0.12	-0.95	0.1	0.18	0.22	-0.25	0.28	0.44	-0.43	-0.18	-0.93	0.13	0.31	-0.94	0.29	-0.4	0.17
Other Liab	-0.32	-0.85	0.24	-0.59	0.06		-0.96	-0.47	-0.8	0.75	-0.06	-0.33	-0.75	0.07	-0.95	-0.21	-0.43	-0.83	0.43	-0.1	-0.14	-0.79	-0.18	-0.27	-0.65	-0.7
Net Tangible Assets	0.27	0.89	-0.45	0.67	-0.15	-0.96		0.61	0.82	-0.87	0.17	0.45	0.7	-0.19	0.93	0.31	0.5	0.9	-0.58	0.25	0.14	0.84	0.32	0.36	0.74	0.79
Property Plant And Equipment Net	-0.32	0.61	-0.7	0.94	-0.8	-0.47	0.61		0.85	-0.5	0.86	0.07	0.03	-0.15	0.53	-0.14	-0.13	0.67	-0.19	0.77	-0.27	0.18	0.82	-0.11	0.52	0.24
Net Debt	-0.19	0.72	-0.48	0.88	-0.54	-0.8	0.82	0.85		-0.55	0.62	-0.04	0.28	0.12	0.8	-0.23	-0.08	0.76	-0.1	0.45	-0.29	0.4	0.53	-0.18	0.54	0.37
Retained Earnings	-0.48	-0.88	0.68	-0.44	0.12	0.75	-0.87	-0.5	-0.55		-0.09	-0.75	-0.74	0.45	-0.82	-0.6	-0.73	-0.9	0.8	-0.36	-0.43	-0.89	-0.37	-0.65	-0.9	-0.95
Accounts Payable	-0.52	0.27	-0.62	0.74	-0.95	-0.06	0.17	0.86	0.62	-0.09		-0.27	-0.35	0.02	0.2	-0.46	-0.55	0.35	0.25	0.82	-0.41	-0.31	0.85	-0.46	0.27	-0.18
Cash	0.79	0.6	-0.35	0.06	0.1	-0.33	0.45	0.07	-0.04	-0.75	-0.27		0.74	-0.85	0.4	0.97	0.92	0.56	-0.92	0.27	0.83	0.69	0.23	0.98	0.69	0.76
Non Current Assets Total	0.87	0.8	-0.1	0.16	0.18	-0.75	0.7	0.03	0.28	-0.74	-0.35	0.74		-0.52	0.78	0.7	0.79	0.73	-0.64	0.05	0.74	0.81	0.06	0.73	0.73	0.76
Non Currrent Assets Other	-0.68	-0.48	0.24	-0.19	0.22	0.07	-0.19	-0.15	0.12	0.45	0.02	-0.85	-0.52		-0.19	-0.83	-0.62	-0.41	0.68	-0.54	-0.8	-0.27	-0.5	-0.81	-0.54	-0.35
Other Assets	0.41	0.94	-0.44	0.6	-0.25	-0.95	0.93	0.53	0.8	-0.82	0.2	0.4	0.78	-0.19		0.24	0.4	0.94	-0.4	0.32	0.28	0.73	0.38	0.29	0.84	0.72
Cash And Short Term Investments	0.82	0.43	-0.15	-0.11	0.28	-0.21	0.31	-0.14	-0.23	-0.6	-0.46	0.97	0.7	-0.83	0.24		0.94	0.37	-0.89	0.09	0.85	0.63	0.05	1.0	0.51	0.66
Net Receivables	0.77	0.5	-0.16	-0.1	0.44	-0.43	0.5	-0.13	-0.08	-0.73	-0.55	0.92	0.79	-0.62	0.4	0.94		0.46	-0.92	-0.09	0.73	0.84	-0.12	0.96	0.54	0.83
Common Stock Shares Outstanding	0.42	0.99	-0.65	0.67	-0.43	-0.83	0.9	0.67	0.76	-0.9	0.35	0.56	0.73	-0.41	0.94	0.37	0.46		-0.54	0.57	0.37	0.7	0.61	0.42	0.95	0.76
Short Term Investments	-0.56	-0.56	0.38	-0.18	-0.18	0.43	-0.58	-0.19	-0.1	0.8	0.25	-0.92	-0.64	0.68	-0.4	-0.89	-0.92	-0.54		-0.16	-0.56	-0.8	-0.15	-0.91	-0.59	-0.82
Non Current Liabilities Total	0.01	0.54	-0.71	0.67	-0.93	-0.1	0.25	0.77	0.45	-0.36	0.82	0.27	0.05	-0.54	0.32	0.09	-0.09	0.57	-0.16		0.18	-0.09	0.99	0.08	0.61	0.09
Other Current Assets	0.96	0.45	-0.06	-0.22	0.13	-0.14	0.14	-0.27	-0.29	-0.43	-0.41	0.83	0.74	-0.8	0.28	0.85	0.73	0.37	-0.56	0.18		0.39	0.12	0.83	0.56	0.46
Other Stockholder Equity	0.53	0.7	-0.31	0.2	0.31	-0.79	0.84	0.18	0.4	-0.89	-0.31	0.69	0.81	-0.27	0.73	0.63	0.84	0.7	-0.8	-0.09	0.39		-0.07	0.68	0.65	0.96
Total Liab	-0.03	0.58	-0.69	0.75	-0.94	-0.18	0.32	0.82	0.53	-0.37	0.85	0.23	0.06	-0.5	0.38	0.05	-0.12	0.61	-0.15	0.99	0.12	-0.07		0.04	0.61	0.09
Total Current Assets	0.82	0.47	-0.17	-0.08	0.29	-0.27	0.36	-0.11	-0.18	-0.65	-0.46	0.98	0.73	-0.81	0.29	1.0	0.96	0.42	-0.91	0.08	0.83	0.68	0.04		0.54	0.7
Intangible Assets	0.55	0.93	-0.73	0.46	-0.4	-0.65	0.74	0.52	0.54	-0.9	0.27	0.69	0.73	-0.54	0.84	0.51	0.54	0.95	-0.59	0.61	0.56	0.65	0.61	0.54		0.78
Common Stock	0.54	0.74	-0.54	0.18	0.17	-0.7	0.79	0.24	0.37	-0.95	-0.18	0.76	0.76	-0.35	0.72	0.66	0.83	0.76	-0.82	0.09	0.46	0.96	0.09	0.7	0.78

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SoundHound Account Relationship Matchups

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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:

How To Invest In SoundHound

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Is SoundHound Stock a good investment?

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What is SoundHound's Net Worth?

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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 tightly coupled 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.

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When running SoundHound's price analysis, check to measure SoundHound's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SoundHound is operating at the current time. Most of SoundHound's value examination focuses on studying past and present price action to predict the probability of SoundHound's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SoundHound's price. Additionally, you may evaluate how the addition of SoundHound to your portfolios can decrease your overall portfolio volatility.

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Is SoundHound's industry 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.

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SoundHound Short Term Debt vs Short Term Investments Analysis

Short Term Debt vs Short Term Investments

Short Term Debt vs Short Term Investments Correlation Analysis

Correlation Coefficient

Short Term Debt

Short Term Investments

SoundHound fundamental ratios Correlations

SoundHound Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for SoundHound Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Cash And Short Term Investments
Common Stock Shares Outstanding	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Non Current Liabilities Total
Total Current Assets	+ 0.98	Cash
Cash And Short Term Investments	+ 0.97	Cash
Other Current Assets	+ 0.96	Total Assets

Net Tangible Assets	- 0.96	Other Liab
Common Stock	- 0.95	Retained Earnings
Other Assets	- 0.95	Other Liab
Accounts Payable	- 0.95	Total Stockholder Equity
Total Liab	- 0.94	Total Stockholder Equity
Non Current Liabilities Total	- 0.93	Total Stockholder Equity