Sono Other Current Assets from 2010 to 2024

SOTK Stock  USD 4.66  0.03  0.64%   
Sono Tek Other Current Assets yearly trend continues to be quite stable with very little volatility. The value of Other Current Assets are projected to decrease to about 156.3 K. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
1990-02-28
Previous Quarter
148.6 K
Current Value
174.2 K
Quarterly Volatility
88 K
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sono Tek financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sono Tek's main balance sheet or income statement drivers, such as Depreciation And Amortization of 627 K, Interest Expense of 40.2 K or Selling General Administrative of 1.6 M, as well as many indicators such as Price To Sales Ratio of 4.53, Dividend Yield of 0.0 or PTB Ratio of 5.48. Sono financial statements analysis is a perfect complement when working with Sono Tek Valuation or Volatility modules.
  
Check out the analysis of Sono Tek Correlation against competitors.

Latest Sono Tek's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Sono Tek Corp over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Sono Tek's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sono Tek's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Sono Other Current Assets Regression Statistics

Arithmetic Mean206,868
Geometric Mean160,912
Coefficient Of Variation76.17
Mean Deviation115,660
Median156,336
Standard Deviation157,565
Sample Variance24.8B
Range616.6K
R-Value0.58
Mean Square Error17.8B
R-Squared0.34
Significance0.02
Slope20,404
Total Sum of Squares347.6B

Sono Other Current Assets History

2024156.3 K
2023207.7 K
2022254 K
2021646.6 K
2019302.6 K
2018395 K
2017139.4 K

About Sono Tek Financial Statements

Sono Tek investors utilize fundamental indicators, such as Other Current Assets, to predict how Sono 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
Other Current Assets207.7 K156.3 K

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When determining whether Sono Tek Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Sono Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Sono Tek Corp Stock. Highlighted below are key reports to facilitate an investment decision about Sono Tek Corp Stock:
Check out the analysis of Sono Tek Correlation against competitors.
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Is Electronic Equipment, Instruments & Components 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 Sono Tek. If investors know Sono 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 Sono Tek listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.33)
Earnings Share
0.09
Revenue Per Share
1.311
Quarterly Revenue Growth
(0.09)
Return On Assets
0.0346
The market value of Sono Tek Corp is measured differently than its book value, which is the value of Sono that is recorded on the company's balance sheet. Investors also form their own opinion of Sono Tek's value that differs from its market value or its book value, called intrinsic value, which is Sono Tek's 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 Sono Tek's market value can be influenced by many factors that don't directly affect Sono Tek's 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 Sono Tek's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sono Tek is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sono Tek's 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.