Iqstel Inc (IQST) - Net Assets
Based on the latest financial reports, Iqstel Inc (IQST) has net assets worth $14.30 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($44.53 Million) and total liabilities ($30.23 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check IQST tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $14.30 Million |
| % of Total Assets | 32.11% |
| Annual Growth Rate | 83.31% |
| 5-Year Change | 153.56% |
| 10-Year Change | N/A |
| Growth Volatility | 568.85 |
Iqstel Inc - Net Assets Trend (2010–2025)
This chart illustrates how Iqstel Inc's net assets have evolved over time, based on quarterly financial data. See Iqstel Inc defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Iqstel Inc (2010–2025)
The table below shows the annual net assets of Iqstel Inc from 2010 to 2025. For live valuation and market cap data, see Iqstel Inc market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $16.28 Million | +36.81% |
| 2024-12-31 | $11.90 Million | +47.91% |
| 2023-12-31 | $8.05 Million | +37.88% |
| 2022-12-31 | $5.84 Million | -9.12% |
| 2021-12-31 | $6.42 Million | +368.09% |
| 2020-12-31 | $-2.40 Million | +58.49% |
| 2019-12-31 | $-5.77 Million | -261.18% |
| 2018-12-31 | $-1.60 Million | -1313.53% |
| 2017-12-31 | $131.65K | +177.02% |
| 2016-12-31 | $-170.93K | 0.00% |
| 2016-06-30 | $-170.93K | -735.94% |
| 2015-12-31 | $26.88K | +160.59% |
| 2014-12-31 | $-44.36K | -131.02% |
| 2013-12-31 | $-19.20K | +2.34% |
| 2012-12-31 | $-19.66K | -1171.55% |
| 2010-12-31 | $1.83K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Iqstel Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 4327034100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $4.67K | 0.04% |
| Other Comprehensive Income | $-25.34K | -0.23% |
| Other Components | $54.46 Million | 488.00% |
| Total Equity | $11.16 Million | 100.00% |
Iqstel Inc Competitors by Market Cap
The table below lists competitors of Iqstel Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bullfrog AI Holdings, Inc. Common Stock
NASDAQ:BFRG
|
$6.51 Million |
|
ChargePanel AB
ST:CHARGE
|
$6.51 Million |
|
Mountain Lake Acquisition Corp. Right
NASDAQ:MLACR
|
$6.51 Million |
|
YLI Holdings Bhd
KLSE:7014
|
$6.52 Million |
|
Charan Insurance Public Company Limited
BK:CHARAN
|
$6.51 Million |
|
Intelligent Bio Solutions Inc.
NASDAQ:INBS
|
$6.50 Million |
|
BIRKS GROUP INC. A
F:2BG
|
$6.50 Million |
|
Xylo Technologies Ltd.
NASDAQ:XYLO
|
$6.49 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Iqstel Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,217,757 to 11,159,024, a change of 3,941,267 (54.6%).
- Net loss of 9,163,983 reduced equity.
- Dividend payments of 284,127 reduced retained earnings.
- Other factors increased equity by 13,389,377.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-9.16 Million | -82.12% |
| Dividends Paid | $284.13K | -2.55% |
| Other Changes | $13.39 Million | +119.99% |
| Total Change | $- | 54.61% |
Book Value vs Market Value Analysis
This analysis compares Iqstel Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.40x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 11.05x to 0.40x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | $0.12 | $1.30 | x |
| 2012-12-31 | $-1.26 | $1.30 | x |
| 2013-12-31 | $-0.94 | $1.30 | x |
| 2014-12-31 | $-2.13 | $1.30 | x |
| 2015-12-31 | $-0.48 | $1.30 | x |
| 2016-12-31 | $-21.81 | $1.30 | x |
| 2017-12-31 | $0.01 | $1.30 | x |
| 2018-12-31 | $-0.12 | $1.30 | x |
| 2019-12-31 | $-0.31 | $1.30 | x |
| 2020-12-31 | $-0.02 | $1.30 | x |
| 2021-12-31 | $0.05 | $1.30 | x |
| 2022-12-31 | $0.04 | $1.30 | x |
| 2023-12-31 | $0.05 | $1.30 | x |
| 2024-12-31 | $0.04 | $1.30 | x |
| 2025-12-31 | $3.23 | $1.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Iqstel Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -82.12%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.89%
- • Asset Turnover: 6.20x
- • Equity Multiplier: 4.58x
- Recent ROE (-82.12%) is below the historical average (-67.56%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | -544.96% | 0.00% | 0.00x | 1.36x | $-10.18K |
| 2012 | 0.00% | -1224.96% | 0.03x | 0.00x | $-19.53K |
| 2013 | 0.00% | 1171.62% | 8.28x | 0.00x | $22.48K |
| 2014 | 0.00% | -326.43% | 82.87x | 0.00x | $-20.72K |
| 2015 | 0.00% | -2.82% | 31.69x | 0.00x | $-31.88K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-225.30K |
| 2016 | 0.00% | -3.31% | 192.71x | 0.00x | $-225.30K |
| 2017 | -221.73% | -5.47% | 4.82x | 8.42x | $-305.08K |
| 2018 | 0.00% | -26.79% | 5.76x | 0.00x | $-3.53 Million |
| 2019 | 0.00% | -44.94% | 3.22x | 0.00x | $-7.62 Million |
| 2020 | 0.00% | -14.64% | 7.55x | 0.00x | $-6.44 Million |
| 2021 | -51.74% | -5.93% | 7.14x | 1.22x | $-4.58 Million |
| 2022 | -88.28% | -6.40% | 7.43x | 1.86x | $-6.64 Million |
| 2023 | -9.06% | -0.53% | 6.52x | 2.63x | $-1.61 Million |
| 2024 | -83.01% | -2.12% | 3.58x | 10.95x | $-6.71 Million |
| 2025 | -82.12% | -2.89% | 6.20x | 4.58x | $-10.28 Million |
Industry Comparison
This section compares Iqstel Inc's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $56,513,324,700
- Average return on equity (ROE) among peers: 2.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Iqstel Inc (IQST) | $14.30 Million | -544.96% | 2.11x | $6.51 Million |
| Array Digital Infrastructure, Inc. (AD) | $4.44 Billion | 5.16% | 1.18x | $2.08 Billion |
| America Movil SAB de CV ADR (AMX) | $177.91 Billion | 43.28% | 1.55x | $71.77 Billion |
| Anterix Inc (ATEX) | $180.76 Million | -23.23% | 0.09x | $1.21 Billion |
| ATN International Inc (ATNI) | $769.30 Million | -0.73% | 1.22x | $394.67 Million |
| Altice USA Inc (ATUS) | $3.68 Billion | 0.51% | 8.13x | $502.28 Million |
| Cable One Inc (CABO) | $1.43 Billion | -24.86% | 2.90x | $244.33 Million |
| Cogent Communications Group Inc (CCOI) | $-293.17 Million | 0.00% | 0.00x | $717.66 Million |
| Chunghwa Telecom Co Ltd (CHT) | $369.91 Billion | 10.79% | 0.19x | $33.99 Billion |
| Charter Communications Inc (CHTR) | $-7.69 Billion | 0.00% | 0.00x | $18.64 Billion |
| Comcast Corp (CMCSA) | $14.80 Billion | 13.66% | 1.41x | $80.84 Billion |
About Iqstel Inc
iQSTEL Inc. provides telecommunication services as a wholesale carrier of voice, short message service (SMS), and data for other telecom companies. The company provides VoIP, SMS, proprietary Internet of Things, and international fiber-optic communication services; international long-distance voice services for telecommunications operators; submarine fiber optic network capacity for internet, suc… Read more