Sonos Other Current Assets from 2010 to 2024

SONO Stock  USD 15.80  0.01  0.06%   
Sonos Other Current Assets yearly trend continues to be very stable with very little volatility. Other Current Assets are likely to drop to about 18.5 M. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2016-09-30
Previous Quarter
37.7 M
Current Value
42.1 M
Quarterly Volatility
9.6 M
 
Covid
Check Sonos financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sonos main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Interest Expense of 800.8 K or Selling General Administrative of 145.3 M, as well as many exotic indicators such as Price To Sales Ratio of 1.66, Dividend Yield of 0.0 or PTB Ratio of 3.47. Sonos financial statements analysis is a perfect complement when working with Sonos Valuation or Volatility modules.
  
This module can also supplement Sonos' financial leverage analysis and stock options assessment as well as various Sonos Technical models . Check out the analysis of Sonos Correlation against competitors.

Latest Sonos' Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Sonos Inc over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Sonos' Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sonos' overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Sonos Other Current Assets Regression Statistics

Arithmetic Mean16,954,999
Geometric Mean14,869,684
Coefficient Of Variation55.94
Mean Deviation7,758,532
Median10,263,000
Standard Deviation9,484,155
Sample Variance89.9T
Range27.6M
R-Value0.77
Mean Square Error39.5T
R-Squared0.59
Significance0.0008
Slope1,631,637
Total Sum of Squares1259.3T

Sonos Other Current Assets History

202418.5 M
202329.1 M
202225.3 M
202137 M
202031.5 M
201917.5 M
201817.9 M

About Sonos Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Sonos income statement, its balance sheet, and the statement of cash flows. Sonos investors use historical funamental indicators, such as Sonos's Other Current Assets, to determine how well the company is positioned to perform in the future. Although Sonos investors may use each financial statement separately, they are all related. The changes in Sonos's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Sonos's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Sonos Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Sonos. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Assets29.1 M18.5 M

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When determining whether Sonos Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sonos' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sonos Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sonos Inc Stock:
Check out the analysis of Sonos Correlation against competitors.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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When running Sonos' price analysis, check to measure Sonos' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sonos is operating at the current time. Most of Sonos' value examination focuses on studying past and present price action to predict the probability of Sonos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sonos' price. Additionally, you may evaluate how the addition of Sonos to your portfolios can decrease your overall portfolio volatility.
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Is Sonos' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sonos. If investors know Sonos will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sonos listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.123
Earnings Share
(0.34)
Revenue Per Share
12.24
Quarterly Revenue Growth
(0.17)
Return On Assets
(0.01)
The market value of Sonos Inc is measured differently than its book value, which is the value of Sonos that is recorded on the company's balance sheet. Investors also form their own opinion of Sonos' value that differs from its market value or its book value, called intrinsic value, which is Sonos' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sonos' market value can be influenced by many factors that don't directly affect Sonos' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sonos' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonos is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonos' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.