Sobr Cash from 2010 to 2024
| SOBR Stock | USD 3.96 0.22 5.26% |
Cash | First Reported 2007-12-31 | Previous Quarter 2.2 M | Current Value 304.5 K | Quarterly Volatility 2 M |
Check Sobr Safe financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sobr Safe's main balance sheet or income statement drivers, such as Depreciation And Amortization of 465.4 K, Interest Expense of 693.1 K or Selling General Administrative of 6.7 M, as well as many indicators such as Price To Sales Ratio of 49.41, Dividend Yield of 0.0041 or PTB Ratio of 4.22. Sobr financial statements analysis is a perfect complement when working with Sobr Safe Valuation or Volatility modules.
Sobr | Cash |
Latest Sobr Safe's Cash Growth Pattern
Below is the plot of the Cash of Sobr Safe over the last few years. Cash refers to the most liquid asset of Sobr Safe, which is listed under current asset account on Sobr Safe balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Sobr Safe customers. The amounts must be unrestricted with restricted cash listed in a different Sobr Safe 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. Sobr Safe's Cash historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sobr Safe's overall financial position and show how it may be relating to other accounts over time.
| Cash | 10 Years Trend |
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Cash |
| Timeline |
Sobr Cash Regression Statistics
| Arithmetic Mean | 1,038,518 | |
| Geometric Mean | 17,045 | |
| Coefficient Of Variation | 222.33 | |
| Mean Deviation | 1,491,099 | |
| Median | 14,305 | |
| Standard Deviation | 2,308,907 | |
| Sample Variance | 5.3T | |
| Range | 8.6M | |
| R-Value | 0.58 | |
| Mean Square Error | 3.8T | |
| R-Squared | 0.33 | |
| Significance | 0.02 | |
| Slope | 298,093 | |
| Total Sum of Squares | 74.6T |
Sobr Cash History
Other Fundumenentals of Sobr Safe
Sobr Safe Cash component correlations
Click cells to compare fundamentals
About Sobr Safe Financial Statements
Sobr Safe shareholders use historical fundamental indicators, such as Cash, to determine how well the company is positioned to perform in the future. Although Sobr Safe investors may analyze each financial statement separately, they are all interrelated. The changes in Sobr Safe's assets and liabilities, for example, are also reflected in the revenues and expenses on on Sobr Safe's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Cash | 2.8 M | 2.9 M | |
| Cash And Short Term Investments | 2.8 M | 2.9 M | |
| Change In Cash | -5.8 M | -5.5 M | |
| Free Cash Flow | -5.9 M | -5.6 M | |
| Begin Period Cash Flow | 8.6 M | 9 M | |
| Other Non Cash Items | 3.4 M | 3.6 M | |
| Total Cash From Operating Activities | -5.9 M | -5.6 M | |
| End Period Cash Flow | 2.8 M | 2.9 M | |
| Other Cashflows From Financing Activities | -1.5 M | -1.6 M | |
| Total Cash From Financing Activities | 139.2 K | 132.3 K | |
| Total Cashflows From Investing Activities | 855.90 | 760.80 | |
| Free Cash Flow Yield | (0.72) | (0.69) | |
| Operating Cash Flow Per Share | (35.93) | (34.14) | |
| Free Cash Flow Per Share | (35.93) | (34.14) | |
| Cash Per Share | 16.91 | 17.76 | |
| EV To Operating Cash Flow | (1.36) | (1.43) | |
| EV To Free Cash Flow | (1.36) | (1.43) | |
| Price To Operating Cash Flows Ratio | (1.38) | (1.45) | |
| Price To Free Cash Flows Ratio | (1.38) | (1.45) | |
| Cash Ratio | 1.83 | 1.92 | |
| Cash Conversion Cycle | (644.42) | (676.64) | |
| Operating Cash Flow Sales Ratio | (37.69) | (39.57) | |
| Free Cash Flow Operating Cash Flow Ratio | 1.15 | 1.10 | |
| Cash Flow Coverage Ratios | (2.49) | (2.61) | |
| Price Cash Flow Ratio | (1.38) | (1.45) | |
| Cash Flow To Debt Ratio | (2.49) | (2.61) |
Pair Trading with Sobr Safe
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sobr Safe position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sobr Safe will appreciate offsetting losses from the drop in the long position's value.Moving together with Sobr Stock
Moving against Sobr Stock
| 0.82 | TDY | Teledyne Technologies Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.81 | ESE | ESCO Technologies | PairCorr |
| 0.77 | GNSS | Genasys Fiscal Year End 5th of December 2024 | PairCorr |
| 0.71 | WELX | Winland Holdings | PairCorr |
| 0.66 | ELSE | Electro Sensors | PairCorr |
The ability to find closely correlated positions to Sobr Safe could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sobr Safe when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sobr Safe - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sobr Safe to buy it.
The correlation of Sobr Safe is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sobr Safe moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sobr Safe moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sobr Safe can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Sobr Stock Analysis
When running Sobr Safe's price analysis, check to measure Sobr Safe'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 Sobr Safe is operating at the current time. Most of Sobr Safe's value examination focuses on studying past and present price action to predict the probability of Sobr Safe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sobr Safe's price. Additionally, you may evaluate how the addition of Sobr Safe to your portfolios can decrease your overall portfolio volatility.