SoundHound Interest Income vs Total Operating Expenses Analysis
SOUNW Stock | USD 6.24 0.29 4.87% |
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 Interest Income and its Total Operating Expenses 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.
Interest Income vs Total Operating Expenses
Interest Income vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SoundHound AI Interest Income account and Total Operating Expenses. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between SoundHound's Interest Income and Total Operating Expenses is 0.59. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Total Operating Expenses 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 Interest Income and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of SoundHound AI are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Interest Income i.e., SoundHound's Interest Income and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.59 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.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 closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, SoundHound's Issuance Of Capital Stock is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 1.18 in 2024, whereas Selling General Administrative is likely to drop slightly above 22.8 M in 2024.
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 |
SoundHound fundamental ratios Correlations
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SoundHound Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.