Sonim Technologies (SONM)

Net assets on the balance sheet as of June 2024 : ₹1.47 Billion

According to Sonim Technologies 's latest financial reports the company has ₹1.47 Billion 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
2022-12-31	$₹1.65 B	19.62%
2021-12-31	$₹1.38 B	-33.26%
2020-12-31	$₹2.07 B	14.15%
2019-12-31	$₹1.82 B	407.54%
2018-12-31	$₹0.35 B	-159.04%
2017-12-31	$-₹0.61 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
QUALCOMM QCOM	₹2.219 T	150,260.54%	🇺🇸 USA
Qorvo QRVO	₹288.13 B	19,415.68%	🇺🇸 USA
EchoStar SATS	₹1.658 T	112,249.78%	🇺🇸 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 June 2024 : ₹1.47 Billion