Sonim Long Term Debt vs Common Stock Analysis
SONM Stock | USD 3.27 0.18 5.22% |
Sonim Technologies financial indicator trend analysis is much more than just breaking down Sonim Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sonim Technologies is a good investment. Please check the relationship between Sonim Technologies Long Term Debt and its Common Stock accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonim Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Sonim Stock, please use our How to Invest in Sonim Technologies guide.
Long Term Debt vs Common Stock
Long Term Debt vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sonim Technologies Long Term Debt account and Common Stock. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Sonim Technologies' Long Term Debt and Common Stock is -0.68. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Common Stock in the same time period over historical financial statements of Sonim Technologies, assuming nothing else is changed. The correlation between historical values of Sonim Technologies' Long Term Debt and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Sonim Technologies are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Long Term Debt i.e., Sonim Technologies' Long Term Debt and Common Stock go up and down completely randomly.
Correlation Coefficient | -0.68 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Long Term Debt
Long-term debt is a debt that Sonim Technologies has held for over one year. Long-term debt appears on Sonim Technologies balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Sonim Technologies balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Common Stock
Most indicators from Sonim Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sonim Technologies current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonim Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Sonim Stock, please use our How to Invest in Sonim Technologies guide.At this time, Sonim Technologies' Selling General Administrative is very stable compared to the past year. As of the 27th of November 2024, Tax Provision is likely to grow to about 270.9 K, while Issuance Of Capital Stock is likely to drop 950.00.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 6.4M | 11.6M | 19.3M | 15.7M | Total Revenue | 54.6M | 69.8M | 93.6M | 81.9M |
Sonim Technologies fundamental ratios Correlations
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Sonim Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sonim Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 55.5M | 50.3M | 41.1M | 53.7M | 56.0M | 48.8M | |
Total Current Liabilities | 27.6M | 20.5M | 21.0M | 32.1M | 32.1M | 29.3M | |
Accounts Payable | 7.2M | 8.9M | 9.5M | 21.1M | 19.8M | 14.6M | |
Cash | 11.3M | 22.1M | 11.2M | 13.2M | 9.4M | 11.3M | |
Other Assets | 6.7M | 3.9M | 4.9M | 9.8M | 11.3M | 11.9M | |
Long Term Debt | 13.2M | 362K | 185K | 66K | 59.4K | 56.4K | |
Other Current Assets | 1.8M | 7.0M | 4.2M | 1.8M | 1.6M | 2.5M | |
Total Liab | 29.9M | 21.9M | 22.5M | 33.6M | 33.7M | 34.0M | |
Common Stock | 20K | 66K | 19K | 41K | 43K | 30.2K | |
Property Plant Equipment | 1.4M | 843K | 534K | 234K | 210.6K | 200.1K | |
Short Long Term Debt Total | 10.2M | 362K | 214K | 213K | 55K | 52.3K | |
Other Current Liab | 10.3M | 10.2M | 9.9M | 9.3M | 10.7M | 8.7M | |
Total Stockholder Equity | 25.5M | 28.4M | 18.6M | 20.0M | 22.4M | 17.4M | |
Other Liab | 2.0M | 1.2M | 1.4M | 1.6M | 1.4M | 1.5M | |
Net Tangible Assets | 25.5M | 28.4M | 18.6M | 20.0M | 23.1M | 24.2M | |
Property Plant And Equipment Net | 1.4M | 843K | 534K | 234K | 126K | 119.7K | |
Current Deferred Revenue | 291K | 5K | 11K | 31K | 12K | 11.4K | |
Net Debt | (1.1M) | (21.8M) | (11.0M) | (13M) | (9.3M) | (9.8M) | |
Retained Earnings | (166.2M) | (196.2M) | (234.8M) | (249.9M) | (250.0M) | (262.5M) | |
Non Current Assets Total | 8.1M | 4.7M | 5.4M | 10.1M | 12.3M | 7.4M | |
Non Currrent Assets Other | 6.7M | 3.9M | 4.9M | 9.8M | 12.1M | 6.6M | |
Cash And Short Term Investments | 11.3M | 22.1M | 11.2M | 13.2M | 9.4M | 12.9M | |
Net Receivables | 10.1M | 5.1M | 14.8M | 24.7M | 26.3M | 18.0M | |
Common Stock Shares Outstanding | 1.9M | 4.6M | 9.5M | 28.9M | 41.7M | 43.8M | |
Liabilities And Stockholders Equity | 55.5M | 50.3M | 41.1M | 53.7M | 56.0M | 55.7M | |
Non Current Liabilities Total | 2.3M | 1.4M | 1.5M | 1.6M | 1.5M | 1.5M | |
Inventory | 19.5M | 11.3M | 5.5M | 3.9M | 6.5M | 8.9M | |
Other Stockholder Equity | 191.8M | 224.5M | 253.4M | 269.9M | 272.3M | 222.4M | |
Net Invested Capital | 35.7M | 28.8M | 18.8M | 20.2M | 22.4M | 23.5M | |
Property Plant And Equipment Gross | 1.4M | 843K | 5.3M | 653K | 591K | 561.5K | |
Short Long Term Debt | 9.8M | 177K | 148K | 147K | 132.3K | 125.7K | |
Total Current Assets | 47.3M | 45.6M | 35.7M | 43.6M | 43.8M | 35.1M | |
Net Working Capital | 19.7M | 25.1M | 14.7M | 11.6M | 11.6M | 15.4M | |
Short Term Debt | 9.8M | 177K | 148K | 213K | (392K) | (372.4K) | |
Deferred Long Term Liab | 4.5M | 2.9M | 2.3M | 6.8M | 7.9M | 4.0M | |
Capital Stock | 20K | 66K | 19K | 41K | 43K | 37.4K |
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Try AI Portfolio ArchitectCheck out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonim Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Sonim Stock, please use our How to Invest in Sonim Technologies guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Technology Hardware, Storage & Peripherals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sonim Technologies. If investors know Sonim will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sonim Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.90) | Revenue Per Share 15.959 | Quarterly Revenue Growth (0.57) | Return On Assets (0.12) | Return On Equity (0.53) |
The market value of Sonim Technologies is measured differently than its book value, which is the value of Sonim that is recorded on the company's balance sheet. Investors also form their own opinion of Sonim Technologies' value that differs from its market value or its book value, called intrinsic value, which is Sonim Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sonim Technologies' market value can be influenced by many factors that don't directly affect Sonim Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sonim Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonim Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonim Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.