Socket Mobile Net Worth

Socket Mobile Net Worth Breakdown

  SCKT
The net worth of Socket Mobile is the difference between its total assets and liabilities. Socket Mobile's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Socket Mobile's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Socket Mobile's net worth can be used as a measure of its financial health and stability which can help investors to decide if Socket Mobile is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Socket Mobile stock.

Socket Mobile Net Worth Analysis

Socket Mobile's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Socket Mobile's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Socket Mobile's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Socket Mobile's net worth analysis. One common approach is to calculate Socket Mobile's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Socket Mobile's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Socket Mobile's net worth. This approach calculates the present value of Socket Mobile's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Socket Mobile's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Socket Mobile's net worth. This involves comparing Socket Mobile's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Socket Mobile's net worth relative to its peers.
To determine if Socket Mobile is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Socket Mobile's net worth research are outlined below:
Socket Mobile may become a speculative penny stock
Socket Mobile has high likelihood to experience some financial distress in the next 2 years
The company reported the previous year's revenue of 18.76 M. Net Loss for the year was (2.24 M) with profit before overhead, payroll, taxes, and interest of 8.94 M.
Socket Mobile currently holds about 5.59 M in cash with (521.49 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.78.
Socket Mobile has a frail financial position based on the latest SEC disclosures
Roughly 35.0% of the company outstanding shares are owned by corporate insiders
Socket Mobile uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Socket Mobile. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Socket Mobile's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
28th of February 2024
Upcoming Quarterly Report
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31st of December 2023
Next Fiscal Quarter End
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Follow Socket Mobile's market capitalization trends

The company currently falls under 'Nano-Cap' category with a current market capitalization of 9.39 M.

Project Socket Mobile's profitablity

The company has Profit Margin (PM) of (0.15) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.23) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.23.
When accessing Socket Mobile's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Socket Mobile's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Socket Mobile's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Socket Mobile's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Socket Mobile. Check Socket Mobile's Beneish M Score to see the likelihood of Socket Mobile's management manipulating its earnings.
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Socket Mobile insiders, such as employees or executives, is commonly permitted as long as it does not rely on Socket Mobile's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Socket Mobile insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Eric Glaenzer over a month ago
Acquisition by Eric Glaenzer of 23364 shares of Socket Mobile at 1.07 subject to Rule 16b-3
 
Parnell William L. Jr over two months ago
Acquisition by Parnell William L. Jr of 4492 shares of Socket Mobile at 1.1058 subject to Rule 16b-3
 
Parnell William L. Jr over two months ago
Acquisition by Parnell William L. Jr of 5709 shares of Socket Mobile at 1.2152 subject to Rule 16b-3
 
Lynn Zhao over three months ago
Disposition of 14660 shares by Lynn Zhao of Socket Mobile at 2.32 subject to Rule 16b-3
 
David Holmes over three months ago
Acquisition by David Holmes of 20900 shares of Socket Mobile subject to Rule 16b-3
 
Bass Charlie over three months ago
Acquisition by Bass Charlie of 5000 shares of Socket Mobile at 1.3992 subject to Rule 16b-3
 
Eric Glaenzer over three months ago
Acquisition by Eric Glaenzer of 16500 shares of Socket Mobile subject to Rule 16b-3
 
Bass Charlie over three months ago
Acquisition by Bass Charlie of 10000 shares of Socket Mobile at 1.2027 subject to Rule 16b-3
 
Bass Charlie over three months ago
Disposition of 1000 shares by Bass Charlie of Socket Mobile at 1.13 subject to Rule 16b-3
 
Lazarev Ivan over three months ago
Acquisition by Lazarev Ivan of 14000 shares of Socket Mobile at 1.1197 subject to Rule 16b-3
 
Bass Charlie over six months ago
Acquisition by Bass Charlie of 5000 shares of Socket Mobile at 1.5655 subject to Rule 16b-3
 
Bass Charlie over six months ago
Acquisition by Bass Charlie of 5000 shares of Socket Mobile at 1.5288 subject to Rule 16b-3
Socket Mobile time-series forecasting models is one of many Socket Mobile's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Socket Mobile's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Socket Mobile Earnings per Share Projection vs Actual

Socket Mobile Corporate Management

Eric GlaenzerVP OfficerProfile
Leonard OttChief Technical Officer and VP of EngineeringProfile
David HolmesChief OfficerProfile
Flora ChuGeneral CounselProfile

Additional Tools for Socket Stock Analysis

When running Socket Mobile's price analysis, check to measure Socket Mobile's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Socket Mobile is operating at the current time. Most of Socket Mobile's value examination focuses on studying past and present price action to predict the probability of Socket Mobile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Socket Mobile's price. Additionally, you may evaluate how the addition of Socket Mobile to your portfolios can decrease your overall portfolio volatility.