Socket Other Operating Expenses from 2010 to 2024

SCKT Stock  USD 1.47  0.01  0.68%   
Socket Mobile Other Operating Expenses yearly trend continues to be comparatively stable with very little volatility. Other Operating Expenses will likely drop to about 19 M in 2024. Other Operating Expenses is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. View All Fundamentals
 
Other Operating Expenses  
First Reported
1994-12-31
Previous Quarter
5.6 M
Current Value
4.9 M
Quarterly Volatility
1.6 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
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 Other Operating Expenses Growth Pattern

Below is the plot of the Other Operating Expenses of Socket Mobile over the last few years. Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Socket Mobile. It is also known as Socket Mobile overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. It is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. Socket Mobile's Other Operating Expenses 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.
Other Operating Expenses10 Years Trend
Slightly volatile
   Other Operating Expenses   
       Timeline  

Socket Other Operating Expenses Regression Statistics

Arithmetic Mean16,710,553
Geometric Mean16,078,920
Coefficient Of Variation23.95
Mean Deviation2,718,249
Median17,040,000
Standard Deviation4,002,385
Sample Variance16T
Range15.4M
R-Value0.57
Mean Square Error11.6T
R-Squared0.33
Significance0.03
Slope513,208
Total Sum of Squares224.3T

Socket Other Operating Expenses History

202419 M
202320.2 M
202221.7 M
202120.5 M
202015.6 M
201918.6 M
201817 M

About Socket Mobile Financial Statements

Socket Mobile shareholders use historical fundamental indicators, such as Other Operating Expenses, 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
Other Operating Expenses20.2 M19 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.