Socket Cash from 2010 to 2024

SCKT Stock  USD 1.48  0.03  2.07%   
Socket Mobile Cash yearly trend continues to be comparatively stable with very little volatility. Cash will likely drop to about 2.2 M in 2024. Cash is the total amount of money in the form of currency that Socket Mobile has in its possession. This includes all bills, coins, and funds in bank accounts. View All Fundamentals
 
Cash  
First Reported
1994-12-31
Previous Quarter
2.1 M
Current Value
2.9 M
Quarterly Volatility
2.5 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 Cash Growth Pattern

Below is the plot of the Cash of Socket Mobile over the last few years. Cash refers to the most liquid asset of Socket Mobile, which is listed under current asset account on Socket Mobile balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Socket Mobile customers. The amounts must be unrestricted with restricted cash listed in a different Socket Mobile account. It is the total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts. Socket Mobile's Cash 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.
Cash10 Years Trend
Slightly volatile
   Cash   
       Timeline  

Socket Cash Regression Statistics

Arithmetic Mean1,836,104
Geometric Mean1,331,033
Coefficient Of Variation86.38
Mean Deviation1,231,647
Median1,085,000
Standard Deviation1,586,080
Sample Variance2.5T
Range5.7M
R-Value0.67
Mean Square Error1.5T
R-Squared0.45
Significance0.01
Slope236,633
Total Sum of Squares35.2T

Socket Cash History

20242.2 M
20232.8 M
20223.6 M
20216.1 M
20202.1 M
2019959 K
20181.1 M

Other Fundumenentals of Socket Mobile

Socket Mobile Cash component correlations

About Socket Mobile Financial Statements

Socket Mobile shareholders use historical fundamental indicators, such as Cash, 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.

Thematic Opportunities

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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.