Sonim Technologies (Sonim Technologies) Cash-to-Debt : No Debt ⁽¹⁾ (As of Mar. 2024)

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What is Sonim Technologies Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Sonim Technologies's cash to debt ratio for the quarter that ended in Mar. 2024 was No Debt ⁽¹⁾.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Sonim Technologies could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

(1) Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

The historical rank and industry rank for Sonim Technologies's Cash-to-Debt or its related term are showing as below:

SONM' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.15 Med: 37.82 Max: No Debt
Current: 168.22

During the past 7 years, Sonim Technologies's highest Cash to Debt Ratio was No Debt. The lowest was 0.15. And the median was 37.82.

SONM's Cash-to-Debt is ranked better than
93.11% of 2337 companies
in the Hardware industry
Industry Median: 1.34 vs SONM: 168.22

Sonim Technologies Cash-to-Debt Historical Data

The historical data trend for Sonim Technologies's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Sonim Technologies Cash-to-Debt Chart

Sonim Technologies Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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1.11

61.16

52.49

62.03

170.86

Sonim Technologies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															24.35	37.82	62.40	170.86	No Debt

Competitive Comparison of Sonim Technologies's Cash-to-Debt

For the Communication Equipment subindustry, Sonim Technologies's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Sonim Technologies's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Sonim Technologies's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Sonim Technologies's Cash-to-Debt falls into.

Sonim Technologies Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Sonim Technologies's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	9.397	/	(0.055	+	0)
	=	170.85

Sonim Technologies's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Sonim Technologies had no debt ⁽¹⁾.

Sonim Technologies (NAS:SONM) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Sonim Technologies Cash-to-Debt Related Terms

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Sonim Technologies (Sonim Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sonim Technologies Inc (NAS:SONM) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

2W9A:Germany

Address

4445 Eastgate Mall, Suite 200, San Diego, CA, USA, 92121

Website

https://www.sonimtech.com

Sonim Technologies Inc is a provider of ultra-rugged mobile devices, including phones and accessories designed specifically for task workers physically engaged in their work environments, often in mission-critical roles. The company sells mobile phones, accessories, and solutions to AT&T, T-Mobile, and Verizon in the United States, and to Bell, Rogers, and Telus Mobility in Canada. These products include rugged mobile phones that can attach to both public and private wireless networks, industrial-grade accessories that meet the requirements of specific applications and software applications, and cloud-based tools that provide management and deployment services to customers. The company generates revenue from discounts, price protection, and customer incentives.

Executives

Clayton Crolius	officer: Chief Financial Officer	15212 E MELANIE DR., SCOTTSDALE AZ 85262
Alan B Howe	director	1155 KAS DRIVE SUITE 100, RICHARDSON TX 75081
Jeffrey Wang	director	20051 NORTHWOOD DRIVE, CUPERTINO CA 95014
Ajp Holding Company, Llc	10 percent owner	2140 S. DUPONT HIGHWAY, CAMDEN DE 19934
Robert L. Tirva	officer: President, CFO and COO	C/O RESONANT INC. 10900 STONELAKE BLVD., SUITE 100, OFFICE 02-130, AUSTIN TX 78759
Jose Carlos Principe	director	5094 NW 58TH ST, GAINESVILLE FL 32653
Jack Steenstra	director	9208 FOSTORIA CT., SAN DIEGO CA 92127
Hao Peter Liu	officer: Chief Executive Officer	6836 BEE CAVE ROAD, BUILDING 1, SUITE 2, AUSTIN TX 78746
James S Cassano	director	1200 RIVER ROAD, SUITE 1302, CONSHOHOCKEN PA 19428
Susan Swenson	director	C/O PALM INC, 5470 GREAT AMERICAN PARKWAY MS12116, SANTA CLARA CA 95052
John Kneuer	director	300 HOLIDAY SQUARE BLVD., COVINGTON LA 70433
Stanley Morgan	10 percent owner	1585 BROADWAY, NEW YORK NY 10036
Brc Partners Opportunity Fund, Lp	10 percent owner	11100 SANTA MONICA BLVD. SUITE 800, LOS ANGELES CA 90025
Michael C Mulica	director
Kenneth Dale Naumann	director	6836 BEE CAVE ROAD, BUILDING 1, SUITE 279, AUSTIN TX 78746