Socket Mobile (SCKT) Debt Ratio (2011 - 2022)

Socket Mobile has reported Debt Ratio for 10 years, with the latest figure at 0.0 in Q4 2022.

• For the quarter ending Q4 2022, Debt Ratio fell 10.57% year-over-year to 0.0; the trailing twelve-month figure through Dec 2022 stood at 0.0 (down 10.57% YoY), and the FY2022 full-year result was 0.0, down 10.57% from the prior year.
• Debt Ratio for Q4 2022 stood at 0.0, down from 0.0 in the prior quarter.
• The five-year high for Debt Ratio was 0.21 in Q1 2018, with the low at 0.0 in Q4 2022.
• Historically, Debt Ratio has averaged 0.07 across 5 years, with a median of 0.07 in 2019.
• Annual changes were most pronounced in 2019 — Debt Ratio surged 73.55% — and 2021, when it plunged 75.42%.
• Socket Mobile's Debt Ratio stood at 0.09 in 2018, then retreated by 18.19% to 0.07 in 2019, then tumbled by 65.95% to 0.02 in 2020, then slumped by 80.22% to 0.0 in 2021, then retreated by 10.57% to 0.0 in 2022.
• The last three Debt Ratio figures came in at 0.0 (Q4 2022), 0.0 (Q4 2021), and 0.02 (Q2 2021), per Business Quant data.