Sonim Technologies (SONM)

Net assets on the balance sheet as of December 2024 : -C$7.9 Million

According to Sonim Technologies 's latest financial reports the company has -C$7.9 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Sonim Technologies - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$C$29.66 M	9.07%
2022-12-31	$C$27.2 M	14.56%
2021-12-31	$C$23.74 M	-34.46%
2020-12-31	$C$36.22 M	8.66%
2019-12-31	$C$33.33 M	377.15%
2018-12-31	$C$6.98 M	-158.41%
2017-12-31	$-C$11.97 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
QUALCOMM QCOM	C$37.22 B	-471,678.95%	🇺🇸 USA
Qorvo QRVO	C$4.68 B	-59,405.79%	🇺🇸 USA
EchoStar SATS	C$28.03 B	-355,278.95%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Sonim Technologies (SONM) - Net assets

Net assets on the balance sheet as of December 2024 : -C$7.9 Million