Cash Ratio Analysis of Sonim Technologies Inc - Deep Dive
Cash Ratio of SONM
Dec-230.292Poor Cash Ratio | Dec-220.412Poor 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
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
SONM | 0.6199 | 0.564 | 9.91 % | Communication Equipment |
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 Related Ratios
CurrentRatio | QuickRatio | DebtToEquityRatio |
Tsr Stability Index
Good Stability |
FY - Historical Cash Ratio of Sonim Technologies Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Cash Ratio | 0.292 | 0.412 | 0.535 | 1.08 | 0.409 | 0.271 | 0.056 |
Change | -29.07 % | -23.01 % | -50.50 % | 164.29 % | 51.14 % | 380.00 % |
FY Chart of Cash Ratio of Sonim Technologies Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)