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Socket Mobile (Socket Mobile) Scaled Net Operating Assets : 0.84 (As of Dec. 2023)


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What is Socket Mobile Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Socket Mobile's operating assets for the quarter that ended in Dec. 2023 was $25.91 Mil. Socket Mobile's operating liabilities for the quarter that ended in Dec. 2023 was $3.04 Mil. Socket Mobile's Total Assets for the quarter that ended in Sep. 2023 was $27.31 Mil. Therefore, Socket Mobile's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.84.


Socket Mobile Scaled Net Operating Assets Historical Data

The historical data trend for Socket Mobile's Scaled Net Operating Assets 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.

* Premium members only.

Socket Mobile Scaled Net Operating Assets Chart

Socket Mobile Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.58 1.04 0.86 0.80

Socket Mobile Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.75 0.80 0.74 0.84 0.79

Competitive Comparison of Socket Mobile's Scaled Net Operating Assets

For the Computer Hardware subindustry, Socket Mobile's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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.


Socket Mobile's Scaled Net Operating Assets Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Socket Mobile's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Socket Mobile's Scaled Net Operating Assets falls into.



Socket Mobile Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Socket Mobile's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(25.914-3.043)/28.598
=0.80

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=28.741 - 2.827
=25.914

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9.321 - 2.809 - 3.469
=3.043

Socket Mobile's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Sep. 2023 )
=(25.914-3.043)/27.306
=0.84

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=28.741 - 2.827
=25.914

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9.321 - 2.809 - 3.469
=3.043

* 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.


Socket Mobile Scaled Net Operating Assets Related Terms

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Socket Mobile (Socket Mobile) Business Description

Industry
Traded in Other Exchanges
Address
40675 Encyclopedia Circle, Fremont, CA, USA, 94538
Socket Mobile Inc is a producer of data capture products. The company's products are integrated into mobile applications used in mobile point of sale (mPOS), commercial services (field workers), asset tracking, manufacturing process and quality control, transportation and logistics (goods tracking and movement), event management (ticketing, entry, access control, and identification), medical and education. The company offers barcode scanning products for both one-dimensional, including imager and laser, and two-dimensional barcode scanning in standard and durable cases. The company's geographical segments are the United States, Europe, Asia, and the rest of the world, out of which the majority of the revenue is generated from the United States.
Executives
Kevin J Mills director, officer: President and CEO 40675 ENCYCLOPEDIA CIR., FREMONT CA 94538
Charlie Bass director 40675 ENCYCLOPEDIA CIR., FREMONT CA 94538
Giacomo Marini director 40675 ENCYCLOPEDIA CIR., FREMONT CA 94538
Laura Weinstein director 40675 ENCYCLOPEDIA CIRCLE, FREMONT CA 94538
Leonard L Ott officer: Chief Technical Officer 37400 CENTRAL COURT, NEWARK CA 94560
David A. Holmes officer: Chief Business Officer 39700 EUREKA DRIVE, NEWARK CA 94560
Lynn Zhao officer: Vice President and Controller 39700 EUREKA DRIVE, NEWARK CA 94560
David W Dunlap officer: CFO 37400 CENTRAL COURT, NEWARK CA 94560
Ivan Lazarev director 40675 ENCYCLOPEDIA CIR, FREMONT CA 94538
Parnell William L. Jr director 40675 ENCYCLOPEDIA CIR, FREMONT CA 94538
Nelson C Chan director C/O SYNAPTICS INCORPORATED, 1251 MCKAY DRIVE, SAN JOSE CA 95131
Brenton Earl Macdonald director 39700 EUREKA DRIVE, NEWARK CA 94560
James Lopez officer: VP Marketing & Business Dev. 39700 EUREKA DRIVE, NEWARK CA 94560
Erik L. Fidel director 39700 EUREKA DRIVE, NEWARK CA 94560
Kevin R Jost director 10370 RICHMOND AVENUE, SUITE 600, HOUSTON TX 77042