SoundHound Roic from 2010 to 2024

SOUNW Stock  USD 6.24  0.29  4.87%   
SoundHound ROIC yearly trend continues to be fairly stable with very little volatility. ROIC will likely drop to -0.65 in 2024. ROIC is return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders. View All Fundamentals
 
ROIC  
First Reported
2010-12-31
Previous Quarter
(0.62)
Current Value
(0.65)
Quarterly Volatility
8.2758111
 
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 4.2 M, Selling General Administrative of 22.8 M or Selling And Marketing Expenses of 11.8 M, as well as many indicators such as Price To Sales Ratio of 20.86, 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 Roic Growth Pattern

Below is the plot of the Roic of SoundHound AI over the last few years. It is return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders. SoundHound's ROIC 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.
Roic10 Years Trend
Pretty Stable
   Roic   
       Timeline  

SoundHound Roic Regression Statistics

Arithmetic Mean(4.46)
Coefficient Of Variation(185.46)
Mean Deviation3.93
Median(3.22)
Standard Deviation8.28
Sample Variance68.49
Range34.2087
R-Value(0.19)
Mean Square Error71.23
R-Squared0.03
Significance0.51
Slope(0.34)
Total Sum of Squares958.85

SoundHound Roic History

2024 -0.65
2023 -0.62
2022 -33.96
2021 0.23
2020 0.25

About SoundHound Financial Statements

SoundHound investors use historical fundamental indicators, such as SoundHound's Roic, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in SoundHound. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
ROIC(0.62)(0.65)

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Additional Tools for SoundHound Stock Analysis

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.