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. Check SONM strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.

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 how leveraged is Sonim Technologies Inc's balance sheet to measure how much of total assets are equity-financed.

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
Oracle Corporation
NYSE:ORCL
Software - Infrastructure 0.23%
Inesa Intelligent Tech Inc A
SHG:600602
Software - Infrastructure 1.50%
Beijing Venustech Inc
SHE:002439
Software - Infrastructure 2.55%
Megaport Ltd
AU:MP1
Software - Infrastructure 22.07%
Shenzhen Ysstech Info-Tech Co Ltd
SHE:300377
Software - Infrastructure 5.73%
Quantum eMotion Corp.
V:QNC
Software - Infrastructure 88.75%
Webus International Limited Ordinary Shares
NASDAQ:WETO
Software - Infrastructure 5.64%
Martello Technologies Group Inc
V:MTLO
Software - Infrastructure 1.36%

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
$6.99 Million
Market Cap Rank
#27870 Global
#5671 in USA
Share Price
$4.70
Change (1 day)
-0.84%
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