Cash Ratio Analysis of Sonim Technologies Inc - Deep Dive


Cash Ratio of SONM
Dec-23
0.292
Poor Cash Ratio
Dec-22
0.412
Poor Cash Ratio
Growth
-29.07
%
Cash Ratio Analysis of Sonim Technologies Inc
Cash Ratio of Sonim Technologies Inc with value of 0.292 indicates that a company has generated low cash in a period than what is needed to pay off its current liabilities.
Cash Ratio of SONM drastically fell by -29.07 % this year.
Cash Ratio with value of 1.08 was highest in Year Dec-20 in last Five Years.
Cash Ratio of SONM trending down for at least three Years.
Latest Cash Ratio with value of 0.292 is lower than Average Cash Ratio of 0.546 in last five years.
Other Cash Ratio Related Info of SONM that may interest you.
Sonim Technologies Inc Overview
CodePricePrevious PricePrice ChangeSector
SONM0.61990.564 9.91 % Communication Equipment
Fundamental AnalysisTechnical Analysis
Defination of Cash Ratio
The Cash Ratio measures the liquidity position of the company. This metric indicates how much the company can cover its current liabilities by its cash and cash equivalents.   more ..
Cash Ratio Formula

Cash Ratio Related Ratios
CurrentRatioQuickRatioDebtToEquityRatio

Tsr Stability Index
Good Stability
FY - Historical Cash Ratio of Sonim Technologies Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Cash Ratio0.2920.4120.5351.080.4090.2710.056
Change-29.07 %-23.01 %-50.50 %164.29 %51.14 %380.00 %
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FY Chart of Cash Ratio of Sonim Technologies Inc


Note : All Data Generated at the End of Trading Hours (EOD Data)