Socket Financial Statements From 2010 to 2026
| SCKT Stock | USD 1.12 0.04 3.70% |
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 , as well as many indicators such as . 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. Socket Mobile Company Return On Equity Analysis
Socket Mobile's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Socket Mobile Return On Equity | -0.18 |
Most of Socket Mobile's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Socket Mobile is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Socket Mobile has a Return On Equity of -0.1752. This is 98.54% lower than that of the Technology Hardware, Storage & Peripherals sector and significantly lower than that of the Information Technology industry. The return on equity for all United States stocks is 43.48% lower than that of the firm.
Socket Mobile Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Socket Mobile's current stock value. Our valuation model uses many indicators to compare Socket Mobile value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Socket Mobile competition to find correlations between indicators driving Socket Mobile's intrinsic value. More Info.Socket Mobile is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Socket Mobile by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About Socket Mobile Financial Statements
Socket Mobile shareholders use historical fundamental indicators, such as revenue or net income, 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.
Socket Mobile, Inc. provides data capture and delivery solutions in the United States, Europe, Asia, and internationally. Socket Mobile, Inc. was incorporated in 1992 and is headquartered in Newark, California. Socket Mobile operates under Computer Hardware classification in the United States and is traded on NASDAQ Exchange. It employs 53 people.
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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.