Sonim Historical Balance Sheet
SONM Stock | USD 3.11 0.01 0.32% |
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.
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.
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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
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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 Liabilities | 21.0M | 32.1M | 32.1M | 29.3M | Total Assets | 41.1M | 53.7M | 56.0M | 48.8M |
Sonim Technologies balance sheet Correlations
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Sonim Technologies Account Relationship Matchups
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Sonim Technologies balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 55.5M | 50.3M | 41.1M | 53.7M | 56.0M | 48.8M | |
Total Current Liabilities | 27.6M | 20.5M | 21.0M | 32.1M | 32.1M | 29.3M | |
Accounts Payable | 7.2M | 8.9M | 9.5M | 21.1M | 19.8M | 14.6M | |
Cash | 11.3M | 22.1M | 11.2M | 13.2M | 9.4M | 11.3M | |
Other Assets | 6.7M | 3.9M | 4.9M | 9.8M | 11.3M | 11.9M | |
Long Term Debt | 13.2M | 362K | 185K | 66K | 59.4K | 56.4K | |
Other Current Assets | 1.8M | 7.0M | 4.2M | 1.8M | 1.6M | 2.5M | |
Total Liab | 29.9M | 21.9M | 22.5M | 33.6M | 33.7M | 34.0M | |
Common Stock | 20K | 66K | 19K | 41K | 43K | 30.2K | |
Property Plant Equipment | 1.4M | 843K | 534K | 234K | 210.6K | 200.1K | |
Short Long Term Debt Total | 10.2M | 362K | 214K | 213K | 55K | 52.3K | |
Other Current Liab | 10.3M | 10.2M | 9.9M | 9.3M | 10.7M | 8.7M | |
Total Stockholder Equity | 25.5M | 28.4M | 18.6M | 20.0M | 22.4M | 17.4M | |
Other Liab | 2.0M | 1.2M | 1.4M | 1.6M | 1.4M | 1.5M | |
Net Tangible Assets | 25.5M | 28.4M | 18.6M | 20.0M | 23.1M | 24.2M | |
Property Plant And Equipment Net | 1.4M | 843K | 534K | 234K | 126K | 119.7K | |
Current Deferred Revenue | 291K | 5K | 11K | 31K | 12K | 11.4K | |
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 Total | 8.1M | 4.7M | 5.4M | 10.1M | 12.3M | 7.4M | |
Non Currrent Assets Other | 6.7M | 3.9M | 4.9M | 9.8M | 12.1M | 6.6M | |
Cash And Short Term Investments | 11.3M | 22.1M | 11.2M | 13.2M | 9.4M | 12.9M | |
Net Receivables | 10.1M | 5.1M | 14.8M | 24.7M | 26.3M | 18.0M | |
Common Stock Shares Outstanding | 1.9M | 4.6M | 9.5M | 28.9M | 41.7M | 43.8M | |
Liabilities And Stockholders Equity | 55.5M | 50.3M | 41.1M | 53.7M | 56.0M | 55.7M | |
Non Current Liabilities Total | 2.3M | 1.4M | 1.5M | 1.6M | 1.5M | 1.5M | |
Inventory | 19.5M | 11.3M | 5.5M | 3.9M | 6.5M | 8.9M | |
Other Stockholder Equity | 191.8M | 224.5M | 253.4M | 269.9M | 272.3M | 222.4M | |
Net Invested Capital | 35.7M | 28.8M | 18.8M | 20.2M | 22.4M | 23.5M | |
Property Plant And Equipment Gross | 1.4M | 843K | 5.3M | 653K | 591K | 561.5K | |
Short Long Term Debt | 9.8M | 177K | 148K | 147K | 132.3K | 125.7K | |
Total Current Assets | 47.3M | 45.6M | 35.7M | 43.6M | 43.8M | 35.1M | |
Net Working Capital | 19.7M | 25.1M | 14.7M | 11.6M | 11.6M | 15.4M | |
Short Term Debt | 9.8M | 177K | 148K | 213K | 55K | 52.3K | |
Deferred Long Term Liab | 4.5M | 2.9M | 2.3M | 6.8M | 7.9M | 4.0M | |
Capital Stock | 20K | 66K | 19K | 41K | 43K | 37.4K |
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Try AI Portfolio ArchitectCheck 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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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.