SoundHound AI
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has SoundHound AI's balance sheet done over the years? Its assets were worth $151,122,000 last year, which is more than in the previous period. 81% of SoundHound AI’s total assets is currently financed by debt. Its liabilities reached the amount of $122,954,000, which means an increase by 67% compared compared to last year.
Debt to Assets
| 2019 | 64156000 | 44.01M | 68.61% |
|---|---|---|---|
| 2020 | 63637000 | 339.99M | 534.26% |
| 2021 | 49203000 | 392.44M | 797.59% |
| 2022 | 38251000 | 73.47M | 192.09% |
| 2023 | 151122000 | 122.95M | 81.36% |
SOUNW Balance Sheet (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Assets | |||||
Current assets: | |||||
Cash and cash equivalents | 95.26M | 9.24M | 21.62M | 43.69M | 24.63M |
Short term investments | 0 | 0 | 0 | 0 | 13.58M |
Net receivables | 15.83M | 5.08M | 2.06M | 3.57M | 5.71M |
Inventory | 0 | 2.51M | 2.65M | 1 | 0 |
Other current assets | 2.45M | 859K | 1.13M | 1.63M | 1.34M |
Total current assets | 113.54M | 17.70M | 27.47M | 48.94M | 45.27M |
Non-current assets: | |||||
Property, Plant and Equipment | 6.72M | 11.56M | 16.44M | 10.43M | 7.05M |
Goodwill | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 8.33M | 6.99M |
Long term investments | 0 | 7.27M | 736K | -8.33M | 0 |
Other non-current assets | 30.84M | 8.92M | 3.11M | 1.97M | 4.82M |
Total non-current assets | 37.58M | 20.54M | 21.73M | 14.68M | 18.88M |
Total assets | 151.12M | 38.25M | 49.20M | 63.63M | 64.15M |
Liabilities | |||||
| Current liabilities: | |||||
Accounts payable | |||||
Deferred revenue | 4.31M | 5.81M | 6.04M | 12.07M | 0 |
Short term debt | 5.51M | 20.11M | 64.41M | 2.33M | 0 |
Total current liabilities | 24.22M | 37.49M | 87.73M | 24.52M | 20.99M |
| Non-current liabilities: | |||||
Long term debt | 87.40M | 24.14M | 8.90M | 14.31M | 3.34M |
Deferred tax | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 6.42M | 4.29M | 1.33M | 2.37M | 19.67M |
Total non-current liabilities | 98.73M | 35.98M | 304.70M | 315.46M | 23.02M |
Total liabilities | 122.95M | 73.47M | 392.44M | 339.99M | 44.01M |
| Data source | Data source | Data source |