Socket Mobile Net Worth
Socket Mobile Net Worth Breakdown | SCKT |
Socket Mobile Net Worth Analysis
Socket Mobile's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Socket Mobile's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Socket Mobile's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Socket Mobile's net worth analysis. One common approach is to calculate Socket Mobile's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Socket Mobile's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Socket Mobile's net worth. This approach calculates the present value of Socket Mobile's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Socket Mobile's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Socket Mobile's net worth. This involves comparing Socket Mobile's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Socket Mobile's net worth relative to its peers.
Enterprise Value |
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To determine if Socket Mobile is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Socket Mobile's net worth research are outlined below:
| Socket Mobile generated a negative expected return over the last 90 days | |
| Socket Mobile may become a speculative penny stock | |
| Socket Mobile has high historical volatility and very poor performance | |
| Socket Mobile has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 18.76 M. Net Loss for the year was (2.24 M) with profit before overhead, payroll, taxes, and interest of 10.37 M. | |
| Socket Mobile currently holds about 5.59 M in cash with (521.49 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.78. | |
| Socket Mobile has a frail financial position based on the latest SEC disclosures | |
| Roughly 33.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from blockonomi.com: Acquisition by Leonard Ott of 68950 shares of Socket Mobile at 1.1197 subject to Rule 16b-3 |
Socket Mobile uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Socket Mobile. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Socket Mobile's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 28th of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Know Socket Mobile's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Socket Mobile is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Socket Mobile backward and forwards among themselves. Socket Mobile's institutional investor refers to the entity that pools money to purchase Socket Mobile's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | |||
| Morgan Stanley - Brokerage Accounts | 2024-12-31 | 750 | |
| Sbi Securities Co Ltd | 2024-12-31 | 747 | |
| Continuum Advisory, Llc | 2024-12-31 | 500 | |
| Advisor Group Holdings, Inc. | 2024-12-31 | 300 | |
| Fifth Third Bancorp | 2024-12-31 | 50.0 | |
| Bank Of America Corp | 2024-12-31 | 46.0 | |
| Goss Wealth Management Llc | 2024-12-31 | 35.0 | |
| Barclays Plc | 2024-12-31 | 30.0 | |
| Ubs Group Ag | 2024-12-31 | 0.0 | |
| Amh Equity Ltd | 2024-12-31 | 116.3 K | |
| Vanguard Group Inc | 2024-12-31 | 67.2 K |
Follow Socket Mobile's market capitalization trends
The company currently falls under 'Micro-Cap' category with a current market capitalization of 11.03 M.Market Cap |
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Project Socket Mobile's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.09) | (0.09) | |
| Return On Capital Employed | (0.12) | (0.13) | |
| Return On Assets | (0.08) | (0.09) | |
| Return On Equity | (0.12) | (0.13) |
When accessing Socket Mobile's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Socket Mobile's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Socket Mobile's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Socket Mobile's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Socket Mobile. Check Socket Mobile's Beneish M Score to see the likelihood of Socket Mobile's management manipulating its earnings.
Evaluate Socket Mobile's management efficiency
Socket Mobile 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 -0.09 in 2025. Return On Capital Employed is likely to drop to -0.13 in 2025. 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 2025, whereas Total Current Liabilities is likely to drop slightly above 5.8 M in 2025.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 2.43 | 2.09 | |
| Tangible Book Value Per Share | 2.24 | 2.35 | |
| Enterprise Value Over EBITDA | (10.16) | (10.67) | |
| Price Book Value Ratio | 0.55 | 0.52 | |
| Enterprise Value Multiple | (10.16) | (10.67) | |
| Price Fair Value | 0.55 | 0.52 | |
| Enterprise Value | 14.2 M | 26.3 M |
Understanding the management dynamics of Socket Mobile allows us to gauge its ability to sustain growth and profitability. This comprehensive analysis aids in determining the stock's value.
Enterprise Value Revenue 0.6869 | Revenue | Quarterly Revenue Growth 0.208 | Revenue Per Share | Return On Equity |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Socket Mobile insiders, such as employees or executives, is commonly permitted as long as it does not rely on Socket Mobile's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Socket Mobile insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Socket Mobile time-series forecasting models is one of many Socket Mobile's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Socket Mobile's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Socket Mobile Earnings per Share Projection vs Actual
Socket Mobile Corporate Management
| Eric Glaenzer | VP Officer | Profile | |
| Leonard Ott | Chief Technical Officer and VP of Engineering | Profile | |
| David Holmes | Chief Officer | Profile | |
| Flora Chu | General Counsel | Profile |
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.