Socket Other Stockholder Equity vs Non Current Liabilities Total Analysis

SCKT Stock  USD 1.05  0.03  2.94%   
Socket Mobile financial indicator trend analysis is much more than just breaking down Socket Mobile prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Socket Mobile is a good investment. Please check the relationship between Socket Mobile Other Stockholder Equity and its Non Current Liabilities Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Socket Mobile. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Socket Stock please use our How to Invest in Socket Mobile guide.

Other Stockholder Equity vs Non Current Liabilities Total

Other Stockholder Equity vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Socket Mobile Other Stockholder Equity account and Non Current Liabilities Total. At this time, the significance of the direction appears to have weak relationship.
The correlation between Socket Mobile's Other Stockholder Equity and Non Current Liabilities Total is 0.35. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Socket Mobile, assuming nothing else is changed. The correlation between historical values of Socket Mobile's Other Stockholder Equity and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Socket Mobile are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Other Stockholder Equity i.e., Socket Mobile's Other Stockholder Equity and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.35
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Stockholder Equity

Non Current Liabilities Total

Most indicators from Socket Mobile's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Socket Mobile current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Socket Mobile. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Socket Stock please use our How to Invest in Socket Mobile guide.Enterprise Value is likely to gain to about 24.6 M in 2026, whereas Selling General Administrative is likely to drop slightly above 2.4 M in 2026.
 2023 2024 2025 2026 (projected)
Gross Profit8.5M9.5M10.9M8.7M
Total Revenue17.0M18.8M21.6M17.9M

Socket Mobile fundamental ratios Correlations

0.590.290.120.640.730.15-0.04-0.530.710.870.710.330.850.650.870.860.470.240.910.450.230.67-0.540.160.05
0.590.480.50.440.960.80.06-0.250.240.790.24-0.220.330.90.80.60.380.130.480.940.180.97-0.480.46-0.32
0.290.480.480.380.430.27-0.170.070.310.320.31-0.130.190.390.470.470.83-0.390.360.460.560.42-0.360.150.04
0.120.50.48-0.230.340.57-0.510.55-0.150.18-0.15-0.30.230.380.220.10.420.260.020.540.020.410.27-0.29-0.56
0.640.440.38-0.230.580.060.41-0.740.60.570.60.230.290.410.710.780.44-0.410.720.40.390.52-0.70.430.24
0.730.960.430.340.580.680.1-0.390.390.870.39-0.080.420.940.890.740.380.130.630.830.180.98-0.520.48-0.24
0.150.80.270.570.060.680.020.01-0.380.44-0.38-0.44-0.080.70.330.230.140.21-0.090.810.080.73-0.150.24-0.38
-0.040.06-0.17-0.510.410.10.02-0.620.06-0.040.06-0.32-0.45-0.030.010.04-0.37-0.23-0.020.10.210.08-0.460.290.03
-0.53-0.250.070.55-0.74-0.390.01-0.62-0.42-0.42-0.42-0.01-0.2-0.26-0.42-0.58-0.070.23-0.49-0.18-0.2-0.340.72-0.29-0.37
0.710.240.31-0.150.60.39-0.380.06-0.420.491.00.340.660.270.720.590.38-0.150.910.130.170.32-0.50.270.09
0.870.790.320.180.570.870.44-0.04-0.420.490.490.270.650.780.870.710.350.320.730.670.240.86-0.560.50.01
0.710.240.31-0.150.60.39-0.380.06-0.421.00.490.340.660.270.720.590.38-0.150.910.130.170.32-0.50.270.09
0.33-0.22-0.13-0.30.23-0.08-0.44-0.32-0.010.340.270.340.45-0.040.20.170.020.180.41-0.32-0.09-0.150.10.150.25
0.850.330.190.230.290.42-0.08-0.45-0.20.660.650.660.450.40.670.630.480.30.810.220.00.38-0.26-0.10.04
0.650.90.390.380.410.940.7-0.03-0.260.270.780.27-0.040.40.780.660.350.190.530.710.060.89-0.330.37-0.2
0.870.80.470.220.710.890.330.01-0.420.720.870.720.20.670.780.830.510.020.890.690.220.83-0.610.45-0.15
0.860.60.470.10.780.740.230.04-0.580.590.710.590.170.630.660.830.68-0.180.820.460.330.65-0.630.160.11
0.470.380.830.420.440.380.14-0.37-0.070.380.350.380.020.480.350.510.68-0.380.510.350.540.36-0.39-0.080.15
0.240.13-0.390.26-0.410.130.21-0.230.23-0.150.32-0.150.180.30.190.02-0.18-0.38-0.010.07-0.120.160.32-0.16-0.39
0.910.480.360.020.720.63-0.09-0.02-0.490.910.730.910.410.810.530.890.820.51-0.010.340.190.54-0.540.230.02
0.450.940.460.540.40.830.810.1-0.180.130.670.13-0.320.220.710.690.460.350.070.340.230.88-0.510.43-0.35
0.230.180.560.020.390.180.080.21-0.20.170.240.17-0.090.00.060.220.330.54-0.120.190.230.17-0.520.090.09
0.670.970.420.410.520.980.730.08-0.340.320.860.32-0.150.380.890.830.650.360.160.540.880.17-0.480.5-0.22
-0.54-0.48-0.360.27-0.7-0.52-0.15-0.460.72-0.5-0.56-0.50.1-0.26-0.33-0.61-0.63-0.390.32-0.54-0.51-0.52-0.48-0.51-0.25
0.160.460.15-0.290.430.480.240.29-0.290.270.50.270.15-0.10.370.450.16-0.08-0.160.230.430.090.5-0.510.11
0.05-0.320.04-0.560.24-0.24-0.380.03-0.370.090.010.090.250.04-0.2-0.150.110.15-0.390.02-0.350.09-0.22-0.250.11
Click cells to compare fundamentals

Socket Mobile Account Relationship Matchups

Socket Mobile fundamental ratios Accounts

202120222023202420252026 (projected)
Total Assets25.6M28.6M28.7M27.3M31.4M17.5M
Short Long Term Debt Total2.2M5.2M6.3M6.8M7.8M8.2M
Other Current Liab693.0K742.5K580.0K678.8K780.6K819.6K
Total Current Liabilities5.4M5.0M6.5M6.9M7.9M5.9M
Total Stockholder Equity20.0M20.3M19.4M18.2M16.3M17.2M
Property Plant And Equipment Net1.3M5.2M6.1M5.4M6.2M6.5M
Net Debt(3.9M)1.6M3.5M4.3M4.9M5.2M
Retained Earnings(46.1M)(46.0M)(47.9M)(50.2M)(45.2M)(47.4M)
Accounts Payable2.2M1.7M1.6M1.3M1.5M2.5M
Cash6.1M3.6M2.8M2.5M2.2M2.2M
Non Current Assets Total11.2M15.8M18.0M17.8M20.4M21.4M
Cash And Short Term Investments6.1M3.6M2.8M2.5M2.2M2.2M
Net Receivables2.6M2.7M1.7M1.6M1.8M2.4M
Common Stock Shares Outstanding8.9M7.5M7.2M7.6M8.7M4.7M
Liabilities And Stockholders Equity25.6M28.6M28.7M27.3M24.6M25.8M
Non Current Liabilities Total139.3K3.3M2.8M2.3M2.6M2.8M
Inventory5.3M5.8M5.5M4.9M5.7M6.0M
Other Current Assets422.5K687.0K639.6K573.2K659.1K341.5K
Other Stockholder Equity66.1M66.3M67.3M68.3M78.6M49.7M
Total Liab5.5M8.3M9.3M9.2M10.6M7.3M
Total Current Assets14.4M12.8M10.7M9.6M11.0M8.1M
Short Term Debt2.1M1.9M3.5M4.5M5.2M5.4M
Non Currrent Assets Other140.3K250.2K249.7K263.6K237.3K249.1K
Property Plant And Equipment Gross1.3M5.2M9.4M9.1M10.5M11.0M
Current Deferred Revenue424.4K617.4K845.6K410.4K369.4K350.9K
Common Stock7.2K7.1K7.3K7.6K8.7K8.3K
Other Assets8.1M8.9M(322.6K)(219.0)(251.85)(239.26)
Long Term Debt333K1.4M625K125K143.8K235.4K
Property Plant Equipment1.8M1.5M1.3M5.2M6.0M6.3M
Good Will0.039.073.01.6M65.762.42
Other Liab40.7K28.8K32K34K30.6K29.1K
Net Tangible Assets8.8M10.6M18.2M18.6M21.4M22.5M

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Additional Tools for Socket Stock Analysis

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