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SoundHound AI (SoundHound AI) Total Current Liabilities : $26.48 Mil (As of Mar. 2024)


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What is SoundHound AI Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. SoundHound AI's total current liabilities for the quarter that ended in Mar. 2024 was $26.48

SoundHound AI Total Current Liabilities Historical Data

The historical data trend for SoundHound AI's Total Current Liabilities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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SoundHound AI Total Current Liabilities Chart

SoundHound AI Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
24.52 87.74 38.57 24.22

SoundHound AI Quarterly Data
Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 41.51 27.00 21.41 24.22 26.48

SoundHound AI Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

SoundHound AI's Total Current Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=10.194+2.758
+Other Current Liabilities+Current Deferred Liabilities
=6.961+4.31
=24.22

SoundHound AI's Total Current Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=11.827+2.884
+Other Current Liabilities+Current Deferred Liabilities
=8.141+3.631
=26.48

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

SoundHound AI Total Current Liabilities Related Terms

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SoundHound AI (SoundHound AI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » SoundHound AI Inc (NAS:SOUN) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
N/A
Address
5400 Betsy Ross Drive, Santa Clara, CA, USA, 95054
Website
https://www.soundhound.com
SoundHound AI Inc is an innovator of conversational intelligence, offering an independent Voice AI platform that enables businesses across industries to deliver high-quality conversational experiences to customers.
Executives
Timothy Stonehocker officer: Chief Technology Officer 5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054
Michael Zagorsek officer: Chief Operating Officer 5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054
Lawrence Marcus director 2105 WOODSIDE RD., WOODSIDE CA 94062
Nitesh Sharan officer: Chief Financial Officer 5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054
Keyvan Mohajer director, 10 percent owner, officer: CEO 5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054
Majid Emami 10 percent owner, officer: VP, Engineering 5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054
James Ming Hom director, officer: VP, Products 5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054
Diana Sroka director 5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054
Eric R. Ball director C/O GLU MOBILE INC., 45 FREMONT STREET, SUITE 2800, SAN FRANCISCO CA 94105
Global Catalyst Partners Iii L P 10 percent owner 6239 MOJAVE DRIVE, SAN JOSE CA 95120
Zubin Irani officer: Chief Revenue Officer 5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054
Global Catalyst Venture Management Iii, Llc 10 percent owner 6239 MOJAVE DRIVE, SAN JOSE CA 95120
Stephen N Cannon director, 10 percent owner, officer: Chief Executive Officer 13/F TOWER 2, NEW WORLD TOWER, 18 QUEENS ROAD CENTRAL, HONG KONG K3 K3 00000
Bryant B Edwards director 25/28 OLD BURLINGTON STREET, LONDON X0 W1S 3AN
Daniel L Sheehan officer: Chief Operating Officer 38 KEYES AVENUE SUITE 204, SAN FRANCISCO CA 94129