Sonim Short Term Debt vs Property Plant Equipment Analysis
SONM Stock | USD 3.69 0.40 12.16% |
Sonim Technologies financial indicator trend analysis is much more than just breaking down Sonim Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sonim Technologies is a good investment. Please check the relationship between Sonim Technologies Short Term Debt and its Property Plant Equipment accounts. 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.
Short Term Debt vs Property Plant Equipment
Short Term Debt vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sonim Technologies Short Term Debt account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between Sonim Technologies' Short Term Debt and Property Plant Equipment is 0.64. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Sonim Technologies, assuming nothing else is changed. The correlation between historical values of Sonim Technologies' Short Term Debt and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Sonim Technologies are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Short Term Debt i.e., Sonim Technologies' Short Term Debt and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.64 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Short Term Debt
Property Plant Equipment
Most indicators from Sonim Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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' Selling General Administrative is very stable compared to the past year. As of the 11th of December 2024, Tax Provision is likely to grow to about 270.9 K, while Issuance Of Capital Stock is likely to drop 950.00.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 6.4M | 11.6M | 19.3M | 15.7M | Total Revenue | 54.6M | 69.8M | 93.6M | 81.9M |
Sonim Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Sonim Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sonim Technologies fundamental ratios 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 |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
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 Commodity Channel module to use Commodity Channel Index to analyze current equity 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.