Sonos Financials

SONO Stock  USD 13.64  0.47  3.57%   
Based on the key indicators related to Sonos' liquidity, profitability, solvency, and operating efficiency, Sonos Inc is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At this time, Sonos' Short Term Investments are very stable compared to the past year. As of the 28th of November 2024, Other Current Assets is likely to grow to about 56.6 M, while Total Assets are likely to drop about 769.8 M. Key indicators impacting Sonos' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio1.8 K1.7 K
Sufficiently Up
Slightly volatile
Current Ratio1.861.5051
Fairly Up
Very volatile
The essential information of the day-to-day investment outlook for Sonos includes many different criteria found on its balance sheet. An individual investor should monitor Sonos' cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Sonos.

Net Income

(36.24 Million)

  
Understanding current and past Sonos Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Sonos' financial statements are interrelated, with each one affecting the others. For example, an increase in Sonos' assets may result in an increase in income on the income statement.

Sonos Earnings Geography

Sonos Stock Summary

Sonos competes with VOXX International, LG Display, Turtle Beach, Koss, and Wearable Devices. Sonos, Inc., together with its subsidiaries, designs, develops, manufactures, and sells multi-room audio products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Sonos, Inc. was incorporated in 2002 and is headquartered in Santa Barbara, California. Sonos operates under Consumer Electronics classification in the United States and is traded on NASDAQ Exchange. It employs 1525 people.
Specialization
Consumer Discretionary, Consumer Durables & Apparel
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS83570H1086
CUSIP83570H108
LocationCalifornia; U.S.A
Business Address301 Coromar Drive,
SectorHousehold Durables
IndustryConsumer Discretionary
BenchmarkDow Jones Industrial
Websitewww.sonos.com
Phone805 965 3001
CurrencyUSD - US Dollar

Sonos Key Financial Ratios

Sonos Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets816.1M1.1B1.2B1.0B916.3M769.8M
Other Current Liab103.6M197.6M155.0M133.5M142.2M96.5M
Other Liab53.4M56.6M59.7M66.6M76.6M50.8M
Net Tangible Assets279.9M255.9M529.0M392.1M451.0M473.5M
Retained Earnings(228.5M)(69.9M)(2.5M)(12.8M)(50.9M)(53.5M)
Accounts Payable250.3M215.0M335.8M188.0M194.6M191.2M
Cash407.1M640.1M274.9M220.2M169.7M276.1M
Other Assets3.3M10.6M36.1M38.1M43.9M46.0M
Net Receivables54.9M100.8M101.2M67.6M44.5M68.3M
Inventory180.8M185.1M454.3M346.5M231.5M206.9M
Other Current Assets17.5M31.5M74.1M25.3M53.9M56.6M
Total Liab518.2M569.8M627.9M483.6M487.7M464.8M
Total Current Assets660.4M957.5M867.4M659.6M551.1M575.9M
Treasury Stock(13.5M)(20.9M)(50.3M)(50.9M)(45.8M)(43.5M)
Short Term Debt17.6M10.7M10.5M1.2M7.6M7.2M
Intangible Assets26.4M24.5M91.1M90.0M103.4M108.5M
Common Stock110K114K129K130K123K97.8K
Net Debt(320.9M)(595.4M)(238.7M)(164.1M)(105.6M)(110.9M)

Sonos Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense1.5M592K552K733K441K419.0K
Total Revenue1.3B1.7B1.8B1.7B1.5B1.3B
Gross Profit572.0M810.0M796.4M716.5M689.4M587.0M
Operating Income(18.6M)155.0M69.3M(20.5M)(48.0M)(45.6M)
Ebit(18.6M)157.5M69.3M(20.5M)(26.7M)(25.4M)
Research Development214.7M230.1M256.1M301.0M304.6M191.5M
Cost Of Revenue754.4M906.8M956.0M938.8M828.7M711.3M
Income Before Tax(20.1M)156.9M68.7M4.4M(27.2M)(25.8M)
Net Income(20.1M)158.6M67.4M(10.3M)(38.1M)(36.2M)
Income Tax Expense32K(1.7M)1.3M14.7M11.0M11.5M
Tax Provision32K(1.7M)1.3M14.7M11.0M11.5M
Interest Income2.0M146K1.7M10.2M12.0M12.6M
Ebitda17.8M191.4M107.8M28.4M25.7M46.7M
Net Interest Income511K(446K)1.1M9.5M11.5M12.1M

Sonos Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory38.0M(7.9M)(277.5M)87.0M106.1M111.4M
Investments(69.3M)(45.5M)(172.6M)(50.3M)(105.2M)(100.0M)
Change In Cash68.5M232.8M(365.2M)(54.6M)(50.5M)(48.0M)
Net Borrowings(6.7M)(8.3M)(25M)(929K)(836.1K)(794.3K)
Depreciation36.4M33.9M38.5M49.0M52.4M38.3M
Capital Expenditures33.0M45.5M46.2M50.3M55.2M45.5M
Net Income(20.1M)158.6M67.4M(10.3M)(38.1M)(36.2M)
End Period Cash Flow407.3M640.1M274.9M220.2M169.7M247.4M
Change To Netincome53.1M72.8M58.2M95.9M110.3M115.8M
Free Cash Flow129.0M207.7M(74.5M)50.1M134.7M141.4M
Other Non Cash Items15.7M4.4M21.8M24.4M7.5M10.7M

Sonos Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Sonos's current stock value. Our valuation model uses many indicators to compare Sonos value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sonos competition to find correlations between indicators driving Sonos's intrinsic value. More Info.
Sonos Inc is rated fifth in return on equity category among its peers. It also is rated fifth in return on asset category among its peers . At this time, Sonos' Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Sonos' earnings, one of the primary drivers of an investment's value.

Sonos' Earnings Breakdown by Geography

Sonos Inc Systematic Risk

Sonos' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Sonos volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Sonos Inc correlated with the market. If Beta is less than 0 Sonos generally moves in the opposite direction as compared to the market. If Sonos Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Sonos Inc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Sonos is generally in the same direction as the market. If Beta > 1 Sonos moves generally in the same direction as, but more than the movement of the benchmark.

Sonos Thematic Clasifications

Sonos Inc is part of Recreation investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Recreation industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
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This theme covers USA Equities from Recreation industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas

Sonos November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Sonos help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Sonos Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Sonos Inc based on widely used predictive technical indicators. In general, we focus on analyzing Sonos Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Sonos's daily price indicators and compare them against related drivers.
When determining whether Sonos Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sonos' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sonos Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sonos Inc Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonos Inc. 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.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Consumer Electronics 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 Sonos. If investors know Sonos 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 Sonos 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
0.123
Earnings Share
(0.31)
Revenue Per Share
12.32
Quarterly Revenue Growth
(0.16)
Return On Assets
(0.03)
The market value of Sonos Inc is measured differently than its book value, which is the value of Sonos that is recorded on the company's balance sheet. Investors also form their own opinion of Sonos' value that differs from its market value or its book value, called intrinsic value, which is Sonos' 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 Sonos' market value can be influenced by many factors that don't directly affect Sonos' 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 Sonos' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonos is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonos' 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.