Wearable Devices Ltd.
Wearable Devices Ltd. engages in the development of a non-invasive neural input interface for controlling digital devices using subtle touchless finger movements. The company offers Mudra development kits that enable users to control digital devices, including consumer electronics, smart watches, smartphones, augmented reality glasses, virtual reality headsets, televisions, personal and laptop co… Read more
Wearable Devices Ltd. (WLDSW) - Total Assets
Latest total assets as of June 2025: $4.79 Million USD
Based on the latest financial reports, Wearable Devices Ltd. (WLDSW) holds total assets worth $4.79 Million USD as of June 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Wearable Devices Ltd. - Total Assets Trend (2019–2024)
This chart illustrates how Wearable Devices Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Wearable Devices Ltd. - Asset Composition Analysis
Current Asset Composition (December 2024)
Wearable Devices Ltd.'s total assets of $4.79 Million consist of 92.3% current assets and 7.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 51.7% |
| Accounts Receivable | $339.00K | 5.7% |
| Inventory | $1.23 Million | 20.5% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Wearable Devices Ltd.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Wearable Devices Ltd.'s current assets represent 92.3% of total assets in 2024, a decrease from 99.4% in 2019.
- Cash Position: Cash and equivalents constituted 51.7% of total assets in 2024, down from 98.6% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is inventory at 20.5% of total assets.
Wearable Devices Ltd. Competitors by Total Assets
Key competitors of Wearable Devices Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
| No similar companies found. | ||
Wearable Devices Ltd. - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Wearable Devices Ltd. generates 0.09x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Wearable Devices Ltd. is currently not profitable relative to its asset base.
Wearable Devices Ltd. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 4.64 | 1.34 | 0.48 |
| Quick Ratio | 3.68 | 1.00 | 0.48 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $3.54 Million | $ 1.21 Million | $ -1.71 Million |
Wearable Devices Ltd. - Advanced Valuation Insights
This section examines the relationship between Wearable Devices Ltd.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 4.79 |
| Asset Growth Rate (YoY) | -21.3% |
| Total Assets | $5.98 Million |
| Market Capitalization | $28.61 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Wearable Devices Ltd.'s assets at a significant premium ( 4.79x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Wearable Devices Ltd.'s assets decreased by 21.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Wearable Devices Ltd. (2019–2024)
The table below shows the annual total assets of Wearable Devices Ltd. from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $5.98 Million | -21.29% |
| 2023-12-31 | $7.59 Million | -32.36% |
| 2022-12-31 | $11.22 Million | +676.75% |
| 2021-12-31 | $1.45 Million | +143.68% |
| 2020-12-31 | $593.00K | -63.01% |
| 2019-12-31 | $1.60 Million | -- |