SoundHound AI, Inc.

SoundHound AI, Inc.verified

SOUN

Price:

$4.35

Market Cap:

$1.56B

SoundHound AI, Inc. develops independent voice artificial intelligence (AI) platform that enables businesses across industries to deliver high-quality conversational experiences to their customers. Its products include Houndify platform that offers a suite of Houndify tools to help brands build conversational voice assistants, such as automatic speech recognition, natural language understanding, wake words, custom domains, text-to-speech, and embedded voice solutions The company is headquartered in Santa Clara, California.[Read more]

Industry

Software - Application

IPO Date

2022-04-28

Stock Exchange

NASDAQ

Ticker

SOUN

The Current Ratio as of September 2024 (TTM) for SoundHound AI, Inc. (SOUN) is 8.77

According to SoundHound AI, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 8.77. This represents a change of 28.05% compared to the average of 6.85 of the last 4 quarters.

SoundHound AI, Inc. (SOUN) Historical Current Ratio (quarterly & annually)

How has SOUN Current Ratio performed in the past?

The mean historical Current Ratio of SoundHound AI, Inc. over the last ten years is 1.93. The current 8.77 Current Ratio has changed 45.48% with respect to the historical average. Over the past ten years (40 quarters), SOUN's Current Ratio was at its highest in in the June 2021 quarter at 11.33. The Current Ratio was at its lowest in in the March 2022 quarter at 0.19.

Quarterly (TTM)
Annual

Average

1.93

Median

2.00

Minimum

0.31

Maximum

4.69

SoundHound AI, Inc. (SOUN) Current Ratio by Quarter and Year

Discovering the peaks and valleys of SoundHound AI, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 892.81%

Maximum Annual Current Ratio = 4.69

Minimum Annual Increase = -84.31%

Minimum Annual Current Ratio = 0.31

Quarterly (TTM)
Annual
YearCurrent RatioChange
20234.69892.81%
20220.4750.79%
20210.31-84.31%
20202.00-7.45%

SoundHound AI, Inc. (SOUN) Average Current Ratio

How has SOUN Current Ratio performed in the past?

The current Current Ratio of SoundHound AI, Inc. (SOUN) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.82

5-year avg

1.93

10-year avg

1.93

SoundHound AI, Inc. (SOUN) Current Ratio vs. Peers

How is SOUN’s Current Ratio compared to its peers?

SoundHound AI, Inc.’s Current Ratio is greater than Snowflake Inc. (1.55), greater than Zoom Video Communications, Inc. (4.45), greater than Shopify Inc. (7.32), greater than Workday, Inc. (1.99), greater than Salesforce, Inc. (0.95), greater than T Stamp Inc. (0.64), greater than Inpixon (0), greater than HeartCore Enterprises, Inc. (0.72), greater than Presto Automation, Inc. (0.10), less than Kubient, Inc. (0), greater than Movella Holdings Inc. (6.48), greater than Infobird Co., Ltd (5.67), less than Quhuo Limited (86.79), greater than Beamr Imaging Ltd. (1.52), less than AMTD Digital Inc. (19.24), greater than CXApp Inc. (4.17), greater than null (0.52),

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