iWallet Corporation
iWallet Corporation designs and develops biometric locking wallets and related physical and personal security products to protect against identity, personal, and financial information theft in the United States. It offers biometric locking luxury storage cases that protect cash, credit cards, personal information with a proprietary fingerprint security system, as well as a soft leather wallet tha… Read more
iWallet Corporation (IWAL) - Net Assets
Latest net assets as of September 2025: $-693.85K USD
Based on the latest financial reports, iWallet Corporation (IWAL) has net assets worth $-693.85K USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($229.00) and total liabilities ($694.08K). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-693.85K |
| % of Total Assets | -302990.83% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 165.81 |
iWallet Corporation - Net Assets Trend (2009–2024)
This chart illustrates how iWallet Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for iWallet Corporation (2009–2024)
The table below shows the annual net assets of iWallet Corporation from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-588.02K | -14.42% |
| 2023-12-31 | $-513.90K | +43.44% |
| 2022-12-31 | $-908.54K | -13.31% |
| 2021-12-31 | $-801.81K | -4.13% |
| 2020-12-31 | $-769.99K | -10.03% |
| 2019-12-31 | $-699.83K | -195.75% |
| 2014-12-31 | $730.87K | +593.55% |
| 2013-12-31 | $-148.09K | -49.72% |
| 2012-12-31 | $-98.91K | -45.52% |
| 2011-12-31 | $-67.97K | -11.23% |
| 2010-12-31 | $-61.11K | -527.37% |
| 2009-12-31 | $14.30K | -- |
Equity Component Analysis
This analysis shows how different components contribute to iWallet Corporation'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 556536800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $77.82K | % |
| Other Components | $4.92 Million | % |
| Total Equity | $-588.02K | 100.00% |
iWallet Corporation Competitors by Market Cap
The table below lists competitors of iWallet Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ENZON PHARM (EZ1.SG)
STU:EZ1
|
$1.47 Million |
|
RH Inc.
BE:RS1
|
$1.47 Million |
|
LIQUID META CAPITAL HLDGS
F:N5F
|
$1.47 Million |
|
Patriot Gold Corp
PINK:PGOL
|
$1.47 Million |
|
GATX (GAX.SG)
STU:GAX
|
$1.47 Million |
|
Bucur Obor SA
RO:BUCU
|
$1.47 Million |
|
Yari Minerals Ltd
AU:YAR
|
$1.47 Million |
|
SWISS RE N (SR9.SG)
STU:SR9
|
$1.47 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in iWallet Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -513,904 to -588,024, a change of -74,120.
- Net loss of 108,091 reduced equity.
- Other factors increased equity by 33,971.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-108.09K | -18.38% |
| Other Changes | $33.97K | +5.78% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares iWallet Corporation'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | $0.00 | $0.04 | x |
| 2010-12-31 | $0.00 | $0.04 | x |
| 2011-12-31 | $0.00 | $0.04 | x |
| 2012-12-31 | $0.00 | $0.04 | x |
| 2013-12-31 | $0.00 | $0.04 | x |
| 2014-12-31 | $0.04 | $0.04 | x |
| 2019-12-31 | $-0.03 | $0.04 | x |
| 2020-12-31 | $-0.02 | $0.04 | x |
| 2021-12-31 | $-0.02 | $0.04 | x |
| 2022-12-31 | $-0.02 | $0.04 | x |
| 2023-12-31 | $-0.01 | $0.04 | x |
| 2024-12-31 | $-0.01 | $0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently iWallet Corporation 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-31.73%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | -80.74% | 0.00% | 0.00x | 1.32x | $-12.97K |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $-82.25K |
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | $-81.57K |
| 2012 | 0.00% | -23.73% | 89.79x | 0.00x | $-27.91K |
| 2013 | 0.00% | -57.33% | 41.06x | 0.00x | $-34.37K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-7.05K |
| 2014 | -331.70% | -1567.62% | 0.14x | 1.47x | $-2.50 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-13.22K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-53.31K |
| 2021 | 0.00% | -499.75% | 1.40x | 0.00x | $-266.64K |
| 2022 | 0.00% | -1061.99% | 0.77x | 0.00x | $-15.88K |
| 2023 | 0.00% | -2460.70% | 6.44x | 0.00x | $-195.91K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-49.29K |
Industry Comparison
This section compares iWallet Corporation's net assets metrics with peer companies in the Security & Protection Services industry.
Industry Context
- Industry: Security & Protection Services
- Average net assets among peers: $6,547,811,572
- Average return on equity (ROE) among peers: 19.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| iWallet Corporation (IWAL) | $-693.85K | -80.74% | N/A | $1.47 Million |
| Airborne Security & Protective Services Inc (ABPR) | $-854.54K | 0.00% | 0.00x | $0.92 |
| ADT Inc (ADT) | $4.22 Billion | -14.42% | 3.07x | $3.03 Billion |
| Aether Global Innovations Corp. (AETHF) | $-152.09K | 0.00% | 0.00x | $93.45K |
| Ameriguard Security Services Inc. (AGSS) | $-1.49 Million | 0.00% | 0.00x | $2.10 Million |
| Allegion PLC (ALLE) | $116.40 Million | 196.82% | 18.31x | $12.28 Billion |
| Avante Logixx Inc (ALXXF) | $13.51 Million | -22.42% | 0.86x | $10.92 Million |
| ANTVF (ANTVF) | $254.48 Million | 4.87% | 0.92x | $55.07 Million |
| ASSA ABLOY AB (publ) (ASAZF) | $13.64 Billion | 12.87% | 1.61x | $29.24 Billion |
| Assa Abloy AB (ASAZY) | $47.23 Billion | 14.08% | 1.02x | $13.04 Billion |
| ATWEC Technologies Inc (ATWT) | $1.23 Million | -1.17% | 1.75x | $9.02 |