Sonim Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Sonim Technologies has a total shareholder equity of $22.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $56.0M and $33.7M respectively. Sonim Technologies's EBIT is $513.0K making its interest coverage ratio 34.2. It has cash and short-term investments of $9.4M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 34.2x |
| Cash | US$9.40m |
| Equity | US$22.37m |
| Total liabilities | US$33.68m |
| Total assets | US$56.04m |
Recent financial health updates
Is Sonim Technologies (NASDAQ:SONM) In A Good Position To Invest In Growth?
Nov 03
We're Keeping An Eye On Sonim Technologies' (NASDAQ:SONM) Cash Burn Rate
Jul 05Recent updates
Sonim Technologies, Inc. (NASDAQ:SONM) Might Not Be As Mispriced As It Looks
Mar 29Sonim Technologies (NASDAQ:SONM) Might Be Having Difficulty Using Its Capital Effectively
Feb 02Is Sonim Technologies (NASDAQ:SONM) In A Good Position To Invest In Growth?
Nov 03Take Care Before Diving Into The Deep End On Sonim Technologies, Inc. (NASDAQ:SONM)
Sep 17Sonim technologies launches xp5plus rugged device with TELUS
Oct 07Sonim technologies climbs 4.98% on securing $9M tablet purchase order
Sep 06Sonim Technologies GAAP EPS of -$0.22, revenue of $11.96M
Aug 12We're Keeping An Eye On Sonim Technologies' (NASDAQ:SONM) Cash Burn Rate
Jul 05Sonim names Robert Tirva as president and chief operating officer
Jun 01Sonim Technologies, Inc.'s (NASDAQ:SONM) Profit Outlook
May 08Reflecting on Sonim Technologies' (NASDAQ:SONM) Share Price Returns Over The Last Year
Mar 09Should You Take Comfort From Insider Transactions At Sonim Technologies, Inc. (NASDAQ:SONM)?
Jan 15
Sonim Technologies rallies on software development relationship with Coforge
Dec 22Sonim Technologies, Inc.'s (NASDAQ:SONM) Profit Outlook
Nov 23Financial Position Analysis
Short Term Liabilities: SONM's short term assets ($43.8M) exceed its short term liabilities ($32.1M).
Long Term Liabilities: SONM's short term assets ($43.8M) exceed its long term liabilities ($1.5M).
Debt to Equity History and Analysis
Debt Level: SONM is debt free.
Reducing Debt: SONM has no debt compared to 5 years ago when its debt to equity ratio was 263.4%.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: SONM has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SONM has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.