Sonim Property Plant And Equipment Net vs Other Current Liab Analysis

SONM Stock  USD 3.65  0.05  1.35%   
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 Property Plant And Equipment Net and its Other Current Liab 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.

Property Plant And Equipment Net vs Other Current Liab

Property Plant And Equipment Net vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sonim Technologies Property Plant And Equipment Net account and Other Current Liab. At this time, the significance of the direction appears to have weak relationship.
The correlation between Sonim Technologies' Property Plant And Equipment Net and Other Current Liab is 0.34. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Other Current Liab 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' Property Plant And Equipment Net and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Sonim Technologies are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Property Plant And Equipment Net i.e., Sonim Technologies' Property Plant And Equipment Net and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.34
Relationship DirectionPositive 
Relationship StrengthVery Weak

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Other Current Liab

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 17th of December 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 Profit6.4M11.6M19.3M15.7M
Total Revenue54.6M69.8M93.6M81.9M

Sonim Technologies fundamental ratios Correlations

0.740.740.780.64-0.090.490.46-0.090.27-0.410.630.74-0.850.82-0.01-0.64-0.66-0.510.620.590.750.480.60.44-0.37
0.740.880.220.270.54-0.090.93-0.580.330.110.620.11-0.350.240.030.0-0.05-0.050.190.170.180.50.060.170.24
0.740.880.350.430.310.010.73-0.22-0.06-0.160.660.25-0.530.4-0.28-0.17-0.28-0.320.390.40.330.790.320.440.11
0.780.220.350.54-0.470.88-0.080.410.1-0.670.440.91-0.920.91-0.03-0.82-0.93-0.620.550.521.00.180.780.38-0.6
0.640.270.430.54-0.620.33-0.040.2-0.39-0.78-0.010.75-0.680.76-0.59-0.83-0.69-0.910.920.920.560.640.850.93-0.77
-0.090.540.31-0.47-0.62-0.510.79-0.680.440.790.36-0.710.45-0.60.380.810.680.74-0.68-0.67-0.5-0.1-0.73-0.560.91
0.49-0.090.010.880.33-0.51-0.30.390.06-0.70.180.77-0.710.72-0.04-0.73-0.88-0.530.30.280.88-0.170.710.2-0.63
0.460.930.73-0.08-0.040.79-0.3-0.750.40.40.5-0.24-0.01-0.110.140.340.270.26-0.15-0.16-0.120.29-0.26-0.080.52
-0.09-0.58-0.220.410.2-0.680.39-0.75-0.44-0.430.040.43-0.360.39-0.18-0.42-0.49-0.360.330.340.450.080.430.28-0.38
0.270.33-0.060.1-0.390.440.060.4-0.440.550.38-0.010.02-0.030.910.190.210.56-0.32-0.390.05-0.49-0.44-0.660.28
-0.410.11-0.16-0.67-0.780.79-0.70.4-0.430.550.15-0.780.67-0.730.670.880.890.95-0.72-0.74-0.68-0.36-0.96-0.770.88
0.630.620.660.44-0.010.360.180.50.040.380.150.26-0.580.420.34-0.06-0.20.050.080.050.430.370.08-0.060.31
0.740.110.250.910.75-0.710.77-0.240.43-0.01-0.780.26-0.910.97-0.14-0.97-0.93-0.780.790.760.910.290.870.56-0.83
-0.85-0.35-0.53-0.92-0.680.45-0.71-0.01-0.360.020.67-0.58-0.91-0.970.150.830.880.72-0.68-0.66-0.92-0.48-0.83-0.550.56
0.820.240.40.910.76-0.60.72-0.110.39-0.03-0.730.420.97-0.97-0.17-0.93-0.91-0.790.770.740.920.420.870.6-0.72
-0.010.03-0.28-0.03-0.590.38-0.040.14-0.180.910.670.34-0.140.15-0.170.330.330.71-0.46-0.52-0.06-0.59-0.59-0.810.39
-0.640.0-0.17-0.82-0.830.81-0.730.34-0.420.190.88-0.06-0.970.83-0.930.330.920.89-0.83-0.82-0.83-0.32-0.93-0.670.93
-0.66-0.05-0.28-0.93-0.690.68-0.880.27-0.490.210.89-0.2-0.930.88-0.910.330.920.83-0.68-0.67-0.94-0.28-0.94-0.590.79
-0.51-0.05-0.32-0.62-0.910.74-0.530.26-0.360.560.950.05-0.780.72-0.790.710.890.83-0.83-0.84-0.64-0.57-0.96-0.890.84
0.620.190.390.550.92-0.680.3-0.150.33-0.32-0.720.080.79-0.680.77-0.46-0.83-0.68-0.831.00.550.670.790.82-0.77
0.590.170.40.520.92-0.670.28-0.160.34-0.39-0.740.050.76-0.660.74-0.52-0.82-0.67-0.841.00.520.690.790.84-0.76
0.750.180.331.00.56-0.50.88-0.120.450.05-0.680.430.91-0.920.92-0.06-0.83-0.94-0.640.550.520.180.80.41-0.61
0.480.50.790.180.64-0.1-0.170.290.08-0.49-0.360.370.29-0.480.42-0.59-0.32-0.28-0.570.670.690.180.470.72-0.14
0.60.060.320.780.85-0.730.71-0.260.43-0.44-0.960.080.87-0.830.87-0.59-0.93-0.94-0.960.790.790.80.470.81-0.83
0.440.170.440.380.93-0.560.2-0.080.28-0.66-0.77-0.060.56-0.550.6-0.81-0.67-0.59-0.890.820.840.410.720.81-0.63
-0.370.240.11-0.6-0.770.91-0.630.52-0.380.280.880.31-0.830.56-0.720.390.930.790.84-0.77-0.76-0.61-0.14-0.83-0.63
Click cells to compare fundamentals

Sonim Technologies Account Relationship Matchups

Sonim Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets55.5M50.3M41.1M53.7M56.0M48.8M
Total Current Liabilities27.6M20.5M21.0M32.1M32.1M29.3M
Accounts Payable7.2M8.9M9.5M21.1M19.8M14.6M
Cash11.3M22.1M11.2M13.2M9.4M11.3M
Other Assets6.7M3.9M4.9M9.8M11.3M11.9M
Long Term Debt13.2M362K185K66K59.4K56.4K
Other Current Assets1.8M7.0M4.2M1.8M1.6M2.5M
Total Liab29.9M21.9M22.5M33.6M33.7M34.0M
Common Stock20K66K19K41K43K30.2K
Property Plant Equipment1.4M843K534K234K210.6K200.1K
Short Long Term Debt Total10.2M362K214K213K55K52.3K
Other Current Liab10.3M10.2M9.9M9.3M10.7M8.7M
Total Stockholder Equity25.5M28.4M18.6M20.0M22.4M17.4M
Other Liab2.0M1.2M1.4M1.6M1.4M1.5M
Net Tangible Assets25.5M28.4M18.6M20.0M23.1M24.2M
Property Plant And Equipment Net1.4M843K534K234K126K119.7K
Current Deferred Revenue291K5K11K31K12K11.4K
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 Total8.1M4.7M5.4M10.1M12.3M7.4M
Non Currrent Assets Other6.7M3.9M4.9M9.8M12.1M6.6M
Cash And Short Term Investments11.3M22.1M11.2M13.2M9.4M12.9M
Net Receivables10.1M5.1M14.8M24.7M26.3M18.0M
Common Stock Shares Outstanding1.9M4.6M9.5M28.9M41.7M43.8M
Liabilities And Stockholders Equity55.5M50.3M41.1M53.7M56.0M55.7M
Non Current Liabilities Total2.3M1.4M1.5M1.6M1.5M1.5M
Inventory19.5M11.3M5.5M3.9M6.5M8.9M
Other Stockholder Equity191.8M224.5M253.4M269.9M272.3M222.4M
Net Invested Capital35.7M28.8M18.8M20.2M22.4M23.5M
Property Plant And Equipment Gross1.4M843K5.3M653K591K561.5K
Short Long Term Debt9.8M177K148K147K132.3K125.7K
Total Current Assets47.3M45.6M35.7M43.6M43.8M35.1M
Net Working Capital19.7M25.1M14.7M11.6M11.6M15.4M
Short Term Debt9.8M177K148K213K55K52.3K
Deferred Long Term Liab4.5M2.9M2.3M6.8M7.9M4.0M
Capital Stock20K66K19K41K43K37.4K

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When determining whether Sonim Technologies is a strong investment it is important to analyze Sonim Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sonim Technologies' future performance. For an informed investment choice regarding Sonim Stock, refer to the following important reports:
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.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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.