Sonim Technologies (SONM)

Net assets on the balance sheet as of December 2024 : -S$7.48 Million

According to Sonim Technologies 's latest financial reports the company has -S$7.48 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	$S$29.54 M	9.93%
2022-12-31	$S$26.87 M	6.7%
2021-12-31	$S$25.18 M	-32.99%
2020-12-31	$S$37.58 M	9.22%
2019-12-31	$S$34.41 M	391.11%
2018-12-31	$S$7 M	-155.06%
2017-12-31	$-S$12.73 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
QUALCOMM QCOM	S$35.23 B	-471,678.95%	🇺🇸 USA
Qorvo QRVO	S$4.43 B	-59,405.79%	🇺🇸 USA
EchoStar SATS	S$26.53 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 : -S$7.48 Million