Socket Income Quality from 2010 to 2024

SCKT Stock  USD 1.62  0.12  8.00%   
Socket Mobile Income Quality yearly trend continues to be comparatively stable with very little volatility. Income Quality will likely drop to -0.03 in 2024. Income Quality is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. View All Fundamentals
 
Income Quality  
First Reported
2010-12-31
Previous Quarter
(0.03)
Current Value
(0.03)
Quarterly Volatility
1.11147137
 
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 Income Quality Growth Pattern

Below is the plot of the Income Quality of Socket Mobile over the last few years. It is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. Socket Mobile's Income Quality 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.
Income Quality10 Years Trend
Pretty Stable
   Income Quality   
       Timeline  

Socket Income Quality Regression Statistics

Arithmetic Mean0.12
Geometric Mean0.34
Coefficient Of Variation943.10
Mean Deviation0.71
Median0.12
Standard Deviation1.11
Sample Variance1.24
Range4.709
R-Value(0.20)
Mean Square Error1.28
R-Squared0.04
Significance0.47
Slope(0.05)
Total Sum of Squares17.30

Socket Income Quality History

2024 -0.0266
2023 -0.0253
2022 -1.28
2021 0.48
2020 -0.25
2019 3.05
2018 -1.31

About Socket Mobile Financial Statements

Socket Mobile shareholders use historical fundamental indicators, such as Income Quality, 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.
Last ReportedProjected for Next Year
Income Quality(0.03)(0.03)

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.