Sonim Technologies Inc - Asset Resilience Ratio

Latest as of March 2024: 44.34%

Sonim Technologies Inc (SONM) has an Asset Resilience Ratio of 44.34% as of March 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. Read SONM current and long-term liabilities for a breakdown of total debt and financial obligations.

Liquid Assets

$18.79 Million
Cash + Short-term Investments

Total Assets

$42.38 Million
All company assets

Resilience Assessment

Very High
Financial Resilience Level

Asset Resilience Ratio Trend (None–None)

This chart shows how Sonim Technologies Inc's Asset Resilience Ratio has changed over time. See shareholders equity of Sonim Technologies Inc for net asset value and shareholders' equity analysis.

Liquid Assets Composition Over Time

This chart breaks down Sonim Technologies Inc's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see SONM company net worth.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents $0.00 0%
Short-term Investments $18.79 Million 44.34%
Total Liquid Assets $18.79 Million 44.34%

Asset Resilience Insights

  • Very High Liquidity: Sonim Technologies Inc maintains exceptional liquid asset reserves at 44.34% of total assets.
  • This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
  • The company has significant short-term investments, indicating active treasury management.

Sonim Technologies Inc Industry Peers by Asset Resilience Ratio

Compare Sonim Technologies Inc's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Shanghai Precise Packaging Co Ltd
SHE:300442
Software - Infrastructure 0.36%
Lakala Payment Co Ltd
SHE:300773
Software - Infrastructure 0.05%
UCloud Technology Co Ltd
SHG:688158
Software - Infrastructure 0.30%
TIZA Information Industry Corporation Inc
SHE:300209
Software - Infrastructure 0.25%
Eastcompeace Technology Co Ltd
SHE:002017
Software - Infrastructure -1.64%
Tyro Payments Ltd
AU:TYR
Software - Infrastructure 3.37%
Datawalk SA
WAR:DAT
Software - Infrastructure 0.08%
Tucows Inc.
TO:TC
Software - Infrastructure 0.31%

Annual Asset Resilience Ratio for Sonim Technologies Inc (None–None)

The table below shows the annual Asset Resilience Ratio data for Sonim Technologies Inc.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
No yearly data available.
pp = percentage points

About Sonim Technologies Inc

NASDAQ:SONM USA Software - Infrastructure
Market Cap
$7.28 Million
Market Cap Rank
#28471 Global
#5605 in USA
Share Price
$4.89
Change (1 day)
-5.05%
52-Week Range
$0.53 - $12.68
All Time High
$1756.00
About

DNA X, Inc. provides enterprise 5G solutions in the United States, Canada, Europe, the Middle East, and the Asia Pacific. The company offers ruggedized cell phones for task workers, which include Sonim XP10, Sonim XP5plus, Sonim XP3plus, and Sonim XP Pro; XP100 4G and XP400 5G professional rugged phones; XP Pro 5G rugged smartphones; and XP3plus 5G rugged flip phones. It also provides connected s… Read more