Socket Net Tangible Assets from 2010 to 2024

SCKT Stock  USD 1.47  0.01  0.68%   
Socket Mobile Net Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Net Tangible Assets are likely to outpace its year average in 2024. Net Tangible Assets is the total assets of Socket Mobile minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2011-06-30
Previous Quarter
18.6 M
Current Value
17.8 M
Quarterly Volatility
7.9 M
 
Yuan Drop
 
Covid
Check Socket Mobile financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Socket Mobile's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.5 M, Total Revenue of 17.8 M or Gross Profit of 8.6 M, as well as many indicators such as Price To Sales Ratio of 0.47, Dividend Yield of 7.0E-4 or PTB Ratio of 0.41. Socket financial statements analysis is a perfect complement when working with Socket Mobile Valuation or Volatility modules.
  
Check out the analysis of Socket Mobile Correlation against competitors.
For more information on how to buy Socket Stock please use our How to Invest in Socket Mobile guide.

Latest Socket Mobile's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Socket Mobile over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Socket Mobile's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Socket Mobile's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Socket Net Tangible Assets Regression Statistics

Arithmetic Mean7,396,847
Geometric Mean7,790,372
Coefficient Of Variation138.39
Mean Deviation8,820,955
Median8,807,226
Standard Deviation10,236,235
Sample Variance104.8T
Range26.8M
R-Value0.94
Mean Square Error12.2T
R-Squared0.89
Slope2,161,611
Total Sum of Squares1466.9T

Socket Net Tangible Assets History

202422.5 M
202321.4 M
202218.6 M
202118.2 M
202010.6 M
20198.8 M
2018M

About Socket Mobile Financial Statements

Socket Mobile shareholders use historical fundamental indicators, such as Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Socket Mobile investors may analyze each financial statement separately, they are all interrelated. The changes in Socket Mobile's assets and liabilities, for example, are also reflected in the revenues and expenses on on Socket Mobile's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Net Tangible Assets21.4 M22.5 M

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Additional Tools for Socket Stock Analysis

When running Socket Mobile's price analysis, check to measure Socket Mobile'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 Socket Mobile is operating at the current time. Most of Socket Mobile's value examination focuses on studying past and present price action to predict the probability of Socket Mobile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Socket Mobile's price. Additionally, you may evaluate how the addition of Socket Mobile to your portfolios can decrease your overall portfolio volatility.