Socket Mobile Stock

Socket Mobile Liabilities 2024

Socket Mobile Liabilities

9.32 M USD

Ticker

SCKT

ISIN

US83368E2000

WKN

A0RBSN

In 2024, Socket Mobile's total liabilities amounted to 9.32 M USD, a 12.58% difference from the 8.28 M USD total liabilities in the previous year.

Socket Mobile Aktienanalyse

What does Socket Mobile do?

Socket Mobile Inc is a US-American company that was founded in 1992 and is headquartered in Newark, California. It emerged from the idea of producing mobile devices for use in retail and healthcare, with the aim of working faster and more efficiently. The model of Socket Mobile is to offer innovative mobile solutions for business processes and mobile data collection for various industries. The company specializes in the development and production of mobile barcode scanners. In addition, it also offers RFID scanners and software solutions for mobile use. The company serves a wide range of industries, including retail, healthcare, hospitality, logistics and transportation, government institutions, and more. An important part of the company is also the individual customization and integration of hardware or software solutions into the customer's infrastructure. Socket Mobile's products include a wide range of mobile barcode scanners that ensure high accuracy and durability. These include the DuraScan® D755, DuraScan® D730, DuraScan® D760, DuraScan® D600, and SocketScan® S840. The DuraScan® D755 is a robust handheld scanner that allows for fast and reliable barcode capture. It comes with a durable battery and Wi-Fi connectivity, making it a great asset for inventory or stock management inquiries. For use in healthcare, there is the DuraScan® D730 with disinfectant-compatible housing options. The SocketScan® S840 is a reliable, durable mobile scanner that is compatible with iOS, Android, and Windows devices. It features a 1D or 2D imaging scan engine and has Bluetooth connectivity. The scanner is also available in a kit that comes with a rugged, protective case and strap, making it perfect for applications across a wide range of industries. Another important product from Socket Mobile is the RFID scanner S550. This scanner is capable of reading RFID tags. The reception areas of RFID allow for quick reading, capturing, and storing of information from RFID tags. With the S550, it is possible to benefit from mobility and speed to accelerate comprehensive processes and ensure accuracy of data. Desinfectability and durability play an important role at Socket Mobile. The robust housings of the scanners and the low-mobility design make them reliable mobile solutions. With the individual cleaning options or the possibility to make the device housing resistant to the effects of disinfectants. Overall, Socket Mobile Inc has achieved a strong position in the field of mobile data collection and barcode technology with its mobile barcode scanners, RFID scanners, and software solutions. The company focuses on offering industry-specific applications with intuitive, user-friendly mobile solutions to enable its customers to work more effectively in the business world. Socket Mobile is therefore an important partner for business owners who need mobile solutions for their business processes. Socket Mobile ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Liabilities Details

Assessing Socket Mobile's Liabilities

Socket Mobile's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Socket Mobile's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Socket Mobile's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Socket Mobile's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Socket Mobile’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Socket Mobile stock

What is the level of liabilities of Socket Mobile this year?

Socket Mobile has a debt balance of 9.32 M USD this year.

What were the liabilities of Socket Mobile compared to the previous year?

The liabilities of Socket Mobile have increased by 12.58% increased compared to the previous year.

What are the consequences of high debt for investors of Socket Mobile?

High liabilities can pose a risk for investors of Socket Mobile, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in Socket Mobile?

Low liabilities mean that Socket Mobile has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of Socket Mobile affect the company?

An increase in liabilities of Socket Mobile can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

How does a reduction in the liabilities of Socket Mobile affect the company?

A decrease in the liabilities of Socket Mobile can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

What are some factors that influence the liabilities of Socket Mobile?

Some factors that can influence the liabilities of Socket Mobile include investments, acquisitions, operating costs, and sales development.

Why is the level of liabilities of Socket Mobile so important for investors?

The liabilities of Socket Mobile are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can Socket Mobile take to modify the liabilities?

To change its liabilities, Socket Mobile can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

How much dividend does Socket Mobile pay?

Over the past 12 months, Socket Mobile paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Socket Mobile is expected to pay a dividend of 0 USD.

What is the dividend yield of Socket Mobile?

The current dividend yield of Socket Mobile is .

When does Socket Mobile pay dividends?

Socket Mobile pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Socket Mobile?

Socket Mobile paid dividends every year for the past 0 years.

What is the dividend of Socket Mobile?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Socket Mobile located?

Socket Mobile is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Socket Mobile kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Socket Mobile from 7/14/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 7/14/2024.

When did Socket Mobile pay the last dividend?

The last dividend was paid out on 7/14/2024.

What was the dividend of Socket Mobile in the year 2023?

In the year 2023, Socket Mobile distributed 0 USD as dividends.

In which currency does Socket Mobile pay out the dividend?

The dividends of Socket Mobile are distributed in USD.

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Andere Kennzahlen von Socket Mobile

Our stock analysis for Socket Mobile Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Socket Mobile Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.