Sonim Technologies Inc
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
Sonim Technologies Inc (SONM) - Total Assets
Latest total assets as of September 2025: $40.22 Million USD
Based on the latest financial reports, Sonim Technologies Inc (SONM) holds total assets worth $40.22 Million USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Sonim Technologies Inc - Total Assets Trend (2000–2024)
This chart illustrates how Sonim Technologies Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Sonim Technologies Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Sonim Technologies Inc's total assets of $40.22 Million consist of 80.9% current assets and 19.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 13.5% |
| Accounts Receivable | $11.64 Million | 29.3% |
| Inventory | $10.62 Million | 26.7% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2000–2024)
This chart illustrates how Sonim Technologies Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Sonim Technologies Inc's current assets represent 80.9% of total assets in 2024, an increase from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 13.5% of total assets in 2024, up from 9.8% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2000.
- Asset Diversification: The largest asset category is accounts receivable at 29.3% of total assets.
Sonim Technologies Inc Competitors by Total Assets
Key competitors of Sonim Technologies Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Eastcompeace Technology Co Ltd
SHE:002017
|
China | CN¥2.97 Billion |
|
Wiscom System Co Ltd
SHE:002090
|
China | CN¥3.17 Billion |
|
Topsec Technologies Group Inc
SHE:002212
|
China | CN¥10.79 Billion |
|
Focus Technology Co Ltd
SHE:002315
|
China | CN¥4.27 Billion |
|
Beijing Venustech Inc
SHE:002439
|
China | CN¥13.16 Billion |
|
Maxvision Technology Corp
SHE:002990
|
China | CN¥3.74 Billion |
|
OpenSys M Bhd
KLSE:0040
|
Malaysia | RM129.25 Million |
|
Managepay Systems Bhd
KLSE:0156
|
Malaysia | RM86.24 Million |
Sonim Technologies Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Sonim Technologies Inc generates 1.47x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Sonim Technologies Inc is currently not profitable relative to its asset base.
Sonim Technologies Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.78 | 1.05 | 2.23 |
| Quick Ratio | 0.50 | 0.67 | 1.67 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-8.55 Million | $ 1.68 Million | $ 25.10 Million |
Sonim Technologies Inc - Advanced Valuation Insights
This section examines the relationship between Sonim Technologies Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.74 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | -29.1% |
| Total Assets | $39.74 Million |
| Market Capitalization | $3.34 Million USD |
Valuation Analysis
Below Book Valuation: The market values Sonim Technologies Inc's assets below their book value (0.08 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Sonim Technologies Inc's assets decreased by 29.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Sonim Technologies Inc (2000–2024)
The table below shows the annual total assets of Sonim Technologies Inc from 2000 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $39.74 Million | -29.09% |
| 2023-12-31 | $56.04 Million | +4.39% |
| 2022-12-31 | $53.69 Million | +30.65% |
| 2021-12-31 | $41.09 Million | -18.33% |
| 2020-12-31 | $50.31 Million | -9.28% |
| 2019-12-31 | $55.46 Million | -17.65% |
| 2018-12-31 | $67.34 Million | +122.65% |
| 2017-12-31 | $30.25 Million | +2769.73% |
| 2000-12-31 | $1.05 Million | -- |