Sonim Historical Balance Sheet

SONM Stock  USD 3.12  0.20  6.02%   
Trend analysis of Sonim Technologies balance sheet accounts such as Other Assets of 11.9 M, Long Term Debt of 56.4 K, Other Current Assets of 2.5 M or Total Liab of 34 M provides information on Sonim Technologies' total assets, liabilities, and equity, which is the actual value of Sonim Technologies to its prevalent stockholders. By breaking down trends over time using Sonim Technologies balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Sonim Technologies latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Sonim Technologies is a good buy for the upcoming year.

Sonim Technologies Inventory

8.88 Million

  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonim Technologies. 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.
To learn how to invest in Sonim Stock, please use our How to Invest in Sonim Technologies guide.

About Sonim Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Sonim Technologies at a specified time, usually calculated after every quarter, six months, or one year. Sonim Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sonim Technologies and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Sonim currently owns. An asset can also be divided into two categories, current and non-current.

Sonim Technologies Balance Sheet Chart

At this time, Sonim Technologies' Cash And Short Term Investments are very stable compared to the past year. As of the 4th of December 2024, Common Stock Total Equity is likely to grow to about 79.7 K, while Total Current Liabilities is likely to drop about 29.3 M.

Total Assets

Total assets refers to the total amount of Sonim Technologies assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Sonim Technologies books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Sonim Technologies balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Sonim Technologies are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Accounts Payable

An accounting item on the balance sheet that represents Sonim Technologies obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Sonim Technologies are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most accounts from Sonim Technologies' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Sonim Technologies current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Sonim Technologies. 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.
To learn how to invest in Sonim Stock, please use our How to Invest in Sonim Technologies guide.At this time, Sonim Technologies' Cash And Short Term Investments are very stable compared to the past year. As of the 4th of December 2024, Common Stock Total Equity is likely to grow to about 79.7 K, while Total Current Liabilities is likely to drop about 29.3 M.
 2021 2022 2023 2024 (projected)
Total Current Liabilities21.0M32.1M32.1M29.3M
Total Assets41.1M53.7M56.0M48.8M

Sonim Technologies balance sheet Correlations

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0.740.880.220.270.54-0.090.93-0.580.330.110.620.11-0.350.240.030.0-0.05-0.050.190.170.180.50.060.170.24
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0.640.270.430.54-0.620.33-0.040.2-0.39-0.78-0.010.75-0.680.76-0.59-0.83-0.69-0.910.920.920.560.640.850.93-0.77
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0.270.33-0.060.1-0.390.440.060.4-0.440.550.38-0.010.02-0.030.910.190.210.56-0.32-0.390.05-0.49-0.44-0.660.28
-0.410.11-0.16-0.67-0.780.79-0.70.4-0.430.550.15-0.780.67-0.730.670.880.890.95-0.72-0.74-0.68-0.36-0.96-0.770.88
0.630.620.660.44-0.010.360.180.50.040.380.150.26-0.580.420.34-0.06-0.20.050.080.050.430.370.08-0.060.31
0.740.110.250.910.75-0.710.77-0.240.43-0.01-0.780.26-0.910.97-0.14-0.97-0.93-0.780.790.760.910.290.870.56-0.83
-0.85-0.35-0.53-0.92-0.680.45-0.71-0.01-0.360.020.67-0.58-0.91-0.970.150.830.880.72-0.68-0.66-0.92-0.48-0.83-0.550.56
0.820.240.40.910.76-0.60.72-0.110.39-0.03-0.730.420.97-0.97-0.17-0.93-0.91-0.790.770.740.920.420.870.6-0.72
-0.010.03-0.28-0.03-0.590.38-0.040.14-0.180.910.670.34-0.140.15-0.170.330.330.71-0.46-0.52-0.06-0.59-0.59-0.810.39
-0.640.0-0.17-0.82-0.830.81-0.730.34-0.420.190.88-0.06-0.970.83-0.930.330.920.89-0.83-0.82-0.83-0.32-0.93-0.670.93
-0.66-0.05-0.28-0.93-0.690.68-0.880.27-0.490.210.89-0.2-0.930.88-0.910.330.920.83-0.68-0.67-0.94-0.28-0.94-0.590.79
-0.51-0.05-0.32-0.62-0.910.74-0.530.26-0.360.560.950.05-0.780.72-0.790.710.890.83-0.83-0.84-0.64-0.57-0.96-0.890.84
0.620.190.390.550.92-0.680.3-0.150.33-0.32-0.720.080.79-0.680.77-0.46-0.83-0.68-0.831.00.550.670.790.82-0.77
0.590.170.40.520.92-0.670.28-0.160.34-0.39-0.740.050.76-0.660.74-0.52-0.82-0.67-0.841.00.520.690.790.84-0.76
0.750.180.331.00.56-0.50.88-0.120.450.05-0.680.430.91-0.920.92-0.06-0.83-0.94-0.640.550.520.180.80.41-0.61
0.480.50.790.180.64-0.1-0.170.290.08-0.49-0.360.370.29-0.480.42-0.59-0.32-0.28-0.570.670.690.180.470.72-0.14
0.60.060.320.780.85-0.730.71-0.260.43-0.44-0.960.080.87-0.830.87-0.59-0.93-0.94-0.960.790.790.80.470.81-0.83
0.440.170.440.380.93-0.560.2-0.080.28-0.66-0.77-0.060.56-0.550.6-0.81-0.67-0.59-0.890.820.840.410.720.81-0.63
-0.370.240.11-0.6-0.770.91-0.630.52-0.380.280.880.31-0.830.56-0.720.390.930.790.84-0.77-0.76-0.61-0.14-0.83-0.63
Click cells to compare fundamentals

Sonim Technologies Account Relationship Matchups

Sonim Technologies balance sheet Accounts

201920202021202220232024 (projected)
Total Assets55.5M50.3M41.1M53.7M56.0M48.8M
Total Current Liabilities27.6M20.5M21.0M32.1M32.1M29.3M
Accounts Payable7.2M8.9M9.5M21.1M19.8M14.6M
Cash11.3M22.1M11.2M13.2M9.4M11.3M
Other Assets6.7M3.9M4.9M9.8M11.3M11.9M
Long Term Debt13.2M362K185K66K59.4K56.4K
Other Current Assets1.8M7.0M4.2M1.8M1.6M2.5M
Total Liab29.9M21.9M22.5M33.6M33.7M34.0M
Common Stock20K66K19K41K43K30.2K
Property Plant Equipment1.4M843K534K234K210.6K200.1K
Short Long Term Debt Total10.2M362K214K213K55K52.3K
Other Current Liab10.3M10.2M9.9M9.3M10.7M8.7M
Total Stockholder Equity25.5M28.4M18.6M20.0M22.4M17.4M
Other Liab2.0M1.2M1.4M1.6M1.4M1.5M
Net Tangible Assets25.5M28.4M18.6M20.0M23.1M24.2M
Property Plant And Equipment Net1.4M843K534K234K126K119.7K
Current Deferred Revenue291K5K11K31K12K11.4K
Net Debt(1.1M)(21.8M)(11.0M)(13M)(9.3M)(9.8M)
Retained Earnings(166.2M)(196.2M)(234.8M)(249.9M)(250.0M)(262.5M)
Non Current Assets Total8.1M4.7M5.4M10.1M12.3M7.4M
Non Currrent Assets Other6.7M3.9M4.9M9.8M12.1M6.6M
Cash And Short Term Investments11.3M22.1M11.2M13.2M9.4M12.9M
Net Receivables10.1M5.1M14.8M24.7M26.3M18.0M
Common Stock Shares Outstanding1.9M4.6M9.5M28.9M41.7M43.8M
Liabilities And Stockholders Equity55.5M50.3M41.1M53.7M56.0M55.7M
Non Current Liabilities Total2.3M1.4M1.5M1.6M1.5M1.5M
Inventory19.5M11.3M5.5M3.9M6.5M8.9M
Other Stockholder Equity191.8M224.5M253.4M269.9M272.3M222.4M
Net Invested Capital35.7M28.8M18.8M20.2M22.4M23.5M
Property Plant And Equipment Gross1.4M843K5.3M653K591K561.5K
Short Long Term Debt9.8M177K148K147K132.3K125.7K
Total Current Assets47.3M45.6M35.7M43.6M43.8M35.1M
Net Working Capital19.7M25.1M14.7M11.6M11.6M15.4M
Short Term Debt9.8M177K148K213K55K52.3K
Deferred Long Term Liab4.5M2.9M2.3M6.8M7.9M4.0M
Capital Stock20K66K19K41K43K37.4K

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When determining whether Sonim Technologies is a strong investment it is important to analyze Sonim Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sonim Technologies' future performance. For an informed investment choice regarding Sonim Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonim Technologies. 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.
To learn how to invest in Sonim Stock, please use our How to Invest in Sonim Technologies guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Technology Hardware, Storage & Peripherals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sonim Technologies. If investors know Sonim will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sonim Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.90)
Revenue Per Share
15.959
Quarterly Revenue Growth
(0.57)
Return On Assets
(0.12)
Return On Equity
(0.53)
The market value of Sonim Technologies is measured differently than its book value, which is the value of Sonim that is recorded on the company's balance sheet. Investors also form their own opinion of Sonim Technologies' value that differs from its market value or its book value, called intrinsic value, which is Sonim Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sonim Technologies' market value can be influenced by many factors that don't directly affect Sonim Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sonim Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonim Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonim Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.