David Holmes - Socket Mobile Chief Officer

SCKT Stock  USD 1.51  0.01  0.67%   

Insider

David Holmes is Chief Officer of Socket Mobile
Age 50
Address 40675 Encyclopedia Circle, Fremont, CA, United States, 94538
Phone510 933 3000
Webhttps://www.socketmobile.com

Socket Mobile Management Efficiency

The company has return on total asset (ROA) of (0.0574) % which means that it has lost $0.0574 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0753) %, meaning that it created substantial loss on money invested by shareholders. Socket Mobile's management efficiency ratios could be used to measure how well Socket Mobile manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.07 in 2024. Return On Capital Employed is likely to drop to -0.15 in 2024. At this time, Socket Mobile's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Non Current Liabilities Total is likely to gain to about 3 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 5.7 M in 2024.
Socket Mobile currently holds 6.28 M in liabilities with Debt to Equity (D/E) ratio of 0.27, which may suggest the company is not taking enough advantage from borrowing. Socket Mobile has a current ratio of 2.28, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Socket Mobile's use of debt, we should always consider it together with its cash and equity.

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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. Socket Mobile (SCKT) is traded on NASDAQ Exchange in USA. It is located in 40675 Encyclopedia Circle, Fremont, CA, United States, 94538 and employs 61 people. Socket Mobile is listed under Technology Hardware, Storage & Peripherals category by Fama And French industry classification.

Management Performance

Socket Mobile Leadership Team

Elected by the shareholders, the Socket Mobile's board of directors comprises two types of representatives: Socket Mobile inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Socket. The board's role is to monitor Socket Mobile's management team and ensure that shareholders' interests are well served. Socket Mobile's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Socket Mobile's outside directors are responsible for providing unbiased perspectives on the board's policies.
Lynn Zhao, CFO, Vice President of Finance and Administration, Secretary
Eric Glaenzer, VP Officer
Leonard Ott, Chief Technical Officer and VP of Engineering
David Holmes, Chief Officer
Kevin Mills, CEO and President and Director
Flora Chu, General Counsel

Socket Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Socket Mobile a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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.