Socket Mobile, Inc.

NasdaqCM:SCKT Stock Report

Market Cap: US$9.3m

Socket Mobile Balance Sheet Health

Financial Health criteria checks 3/6

Socket Mobile has a total shareholder equity of $17.2M and total debt of $4.0M, which brings its debt-to-equity ratio to 23%. Its total assets and total liabilities are $27.2M and $9.9M respectively.

Key information

23.04%

Debt to equity ratio

US$3.97m

Debt

Interest coverage ration/a
CashUS$1.71m
EquityUS$17.24m
Total liabilitiesUS$9.92m
Total assetsUS$27.16m

Recent financial health updates

We Think Socket Mobile (NASDAQ:SCKT) Has A Fair Chunk Of Debt

Feb 01
We Think Socket Mobile (NASDAQ:SCKT) Has A Fair Chunk Of Debt

We Think Socket Mobile (NASDAQ:SCKT) Has A Fair Chunk Of Debt

Aug 05
We Think Socket Mobile (NASDAQ:SCKT) Has A Fair Chunk Of Debt

Does Socket Mobile (NASDAQ:SCKT) Have A Healthy Balance Sheet?

Oct 22
Does Socket Mobile (NASDAQ:SCKT) Have A Healthy Balance Sheet?

Is Socket Mobile (NASDAQ:SCKT) Using Too Much Debt?

Feb 11
Is Socket Mobile (NASDAQ:SCKT) Using Too Much Debt?

Recent updates

Optimistic Investors Push Socket Mobile, Inc. (NASDAQ:SCKT) Shares Up 26% But Growth Is Lacking

May 10
Optimistic Investors Push Socket Mobile, Inc. (NASDAQ:SCKT) Shares Up 26% But Growth Is Lacking

We Think Socket Mobile (NASDAQ:SCKT) Has A Fair Chunk Of Debt

Feb 01
We Think Socket Mobile (NASDAQ:SCKT) Has A Fair Chunk Of Debt

Socket Mobile, Inc.'s (NASDAQ:SCKT) 27% Share Price Surge Not Quite Adding Up

Nov 21
Socket Mobile, Inc.'s (NASDAQ:SCKT) 27% Share Price Surge Not Quite Adding Up

We Think Socket Mobile (NASDAQ:SCKT) Has A Fair Chunk Of Debt

Aug 05
We Think Socket Mobile (NASDAQ:SCKT) Has A Fair Chunk Of Debt

There's No Escaping Socket Mobile, Inc.'s (NASDAQ:SCKT) Muted Revenues Despite A 47% Share Price Rise

May 21
There's No Escaping Socket Mobile, Inc.'s (NASDAQ:SCKT) Muted Revenues Despite A 47% Share Price Rise

Does Socket Mobile (NASDAQ:SCKT) Have A Healthy Balance Sheet?

Oct 22
Does Socket Mobile (NASDAQ:SCKT) Have A Healthy Balance Sheet?

Some Investors May Be Worried About Socket Mobile's (NASDAQ:SCKT) Returns On Capital

Jan 12
Some Investors May Be Worried About Socket Mobile's (NASDAQ:SCKT) Returns On Capital

Socket Mobile updates barcode scanners to support iOS 16

Sep 26

We Ran A Stock Scan For Earnings Growth And Socket Mobile (NASDAQ:SCKT) Passed With Ease

Sep 20
We Ran A Stock Scan For Earnings Growth And Socket Mobile (NASDAQ:SCKT) Passed With Ease

Return Trends At Socket Mobile (NASDAQ:SCKT) Aren't Appealing

Jun 08
Return Trends At Socket Mobile (NASDAQ:SCKT) Aren't Appealing

Estimating The Fair Value Of Socket Mobile, Inc. (NASDAQ:SCKT)

May 03
Estimating The Fair Value Of Socket Mobile, Inc. (NASDAQ:SCKT)

Is Socket Mobile (NASDAQ:SCKT) Using Too Much Debt?

Feb 11
Is Socket Mobile (NASDAQ:SCKT) Using Too Much Debt?

Socket Mobile: Management's Ability To Weather Supply Chain Disruption Is Unparalleled

Dec 01

Shareholders Shouldn’t Be Too Comfortable With Socket Mobile's (NASDAQ:SCKT) Strong Earnings

Nov 19
Shareholders Shouldn’t Be Too Comfortable With Socket Mobile's (NASDAQ:SCKT) Strong Earnings

Financial Position Analysis

Short Term Liabilities: SCKT's short term assets ($9.8M) exceed its short term liabilities ($7.8M).

Long Term Liabilities: SCKT's short term assets ($9.8M) exceed its long term liabilities ($2.2M).

Debt to Equity History and Analysis

Debt Level: SCKT's net debt to equity ratio (13.1%) is considered satisfactory.

Reducing Debt: SCKT's debt to equity ratio has increased from 16.2% to 23% over the past 5 years.

Debt Coverage: SCKT's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if SCKT's interest payments on its debt are well covered by EBIT.

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/06/12 21:29
End of Day Share Price 2025/06/12 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Socket Mobile, Inc. is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Matthew GalinkoSidoti & Company, LLC
Laura EngelStonegate Capital Markets, Inc.
Marco RodriguezStonegate Capital Markets, Inc.