Growth Metrics

Socket Mobile (SCKT) Debt Ratio (2016 - 2022)

Historic Debt Ratio for Socket Mobile (SCKT) over the last 10 years, with Q4 2022 value amounting to 0.0.

  • Socket Mobile's Debt Ratio fell 1057.03% to 0.0 in Q4 2022 from the same period last year, while for Dec 2022 it was 0.0, marking a year-over-year decrease of 1057.03%. This contributed to the annual value of 0.0 for FY2022, which is 1057.03% down from last year.
  • As of Q4 2022, Socket Mobile's Debt Ratio stood at 0.0, which was down 1057.03% from 0.0 recorded in Q4 2021.
  • In the past 5 years, Socket Mobile's Debt Ratio ranged from a high of 0.21 in Q1 2018 and a low of 0.0 during Q4 2022
  • Its 5-year average for Debt Ratio is 0.07, with a median of 0.07 in 2019.
  • Per our database at Business Quant, Socket Mobile's Debt Ratio crashed by 506.9% in 2020 and then tumbled by 7542.26% in 2021.
  • Quarter analysis of 5 years shows Socket Mobile's Debt Ratio stood at 0.09 in 2018, then decreased by 18.19% to 0.07 in 2019, then plummeted by 65.95% to 0.02 in 2020, then plummeted by 80.22% to 0.0 in 2021, then fell by 10.57% to 0.0 in 2022.
  • Its last three reported values are 0.0 in Q4 2022, 0.0 for Q4 2021, and 0.02 during Q2 2021.