Sonim Return On Assets from 2010 to 2024

SONM Stock  USD 3.11  0.01  0.32%   
Sonim Technologies Return On Assets yearly trend continues to be very stable with very little volatility. Return On Assets are likely to drop to -0.0017. Return On Assets is a profitability ratio that indicates the percentage of profit Sonim Technologies earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
(0)
Current Value
(0)
Quarterly Volatility
0.24024235
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sonim Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sonim Technologies' main balance sheet or income statement drivers, such as Interest Expense of 14.2 K, Selling General Administrative of 11.9 M or Total Revenue of 81.9 M, as well as many indicators such as Price To Sales Ratio of 3.11, Dividend Yield of 0.0 or PTB Ratio of 13.01. Sonim financial statements analysis is a perfect complement when working with Sonim Technologies Valuation or Volatility modules.
  
Check out the analysis of Sonim Technologies Correlation against competitors.
To learn how to invest in Sonim Stock, please use our How to Invest in Sonim Technologies guide.

Latest Sonim Technologies' Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Sonim Technologies over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Sonim Technologies' Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sonim Technologies' overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Very volatile
   Return On Assets   
       Timeline  

Sonim Return On Assets Regression Statistics

Arithmetic Mean(0.30)
Geometric Mean0.14
Coefficient Of Variation(80.07)
Mean Deviation0.15
Median(0.28)
Standard Deviation0.24
Sample Variance0.06
Range0.959
R-Value0.01
Mean Square Error0.06
R-Squared0.00004
Significance0.98
Slope0.0003
Total Sum of Squares0.81

Sonim Return On Assets History

2024 -0.001686
2023 -0.001606
2022 -0.26
2021 -0.94
2020 -0.59
2019 -0.47
2018 0.019

About Sonim Technologies Financial Statements

Sonim Technologies investors utilize fundamental indicators, such as Return On Assets, to predict how Sonim Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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 the analysis of Sonim Technologies Correlation against competitors.
To learn how to invest in Sonim Stock, please use our How to Invest in Sonim Technologies guide.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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.