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 offers 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, such … Read more
Iqstel Inc (IQST) - Total Assets
Latest total assets as of December 2024: $79.01 Million USD
Based on the latest financial reports, Iqstel Inc (IQST) holds total assets worth $79.01 Million USD as of December 2024.
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.
Iqstel Inc - Total Assets Trend (2015–2024)
This chart illustrates how Iqstel Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Iqstel Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Iqstel Inc's total assets of $79.01 Million consist of 79.8% current assets and 20.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.2% |
| Accounts Receivable | $57.16 Million | 72.4% |
| Inventory | $30.66K | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $7.44 Million | 9.4% |
| Goodwill | $6.75 Million | 8.5% |
Asset Composition Trend (2015–2024)
This chart illustrates how Iqstel Inc'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: Iqstel Inc's current assets represent 79.8% of total assets in 2024, an increase from 71.3% in 2015.
- Cash Position: Cash and equivalents constituted 3.2% of total assets in 2024, up from 2.1% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 17.0% of total assets, an increase from 0.0% in 2015.
- Asset Diversification: The largest asset category is accounts receivable at 72.4% of total assets.
Iqstel Inc Competitors by Total Assets
Key competitors of Iqstel Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
WQN Inc
PINK:WQNI
|
USA | $1.39 Million |
|
XOX Technology Bhd
KLSE:0017
|
Malaysia | RM95.64 Million |
|
Beijing Bewinner Communications Co Ltd
SHE:002148
|
China | CN¥1.41 Billion |
|
Net263 Ltd
SHE:002467
|
China | CN¥2.46 Billion |
|
Runjian Communication Co Ltd Class A
SHE:002929
|
China | CN¥21.50 Billion |
|
Redtone International Bhd
KLSE:0032
|
Malaysia | RM403.21 Million |
|
Inscobee
KO:006490
|
Korea | ₩77.14 Billion |
|
Green Packet Bhd
KLSE:0082
|
Malaysia | RM167.93 Million |
Iqstel Inc - 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
Strong asset utilization - Iqstel Inc generates 3.58x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Iqstel Inc is currently not profitable relative to its asset base.
Iqstel Inc - 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 | 0.99 | 1.19 | 0.31 |
| Quick Ratio | 0.99 | 1.19 | 0.31 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-806.15K | $ 1.87 Million | $ -7.71 Million |
Iqstel Inc - Advanced Valuation Insights
This section examines the relationship between Iqstel Inc'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 | 3.81 |
| Latest Market Cap to Assets Ratio | 0.34 |
| Asset Growth Rate (YoY) | 529.6% |
| Total Assets | $79.01 Million |
| Market Capitalization | $26.76 Million USD |
Valuation Analysis
Below Book Valuation: The market values Iqstel Inc's assets below their book value (0.34 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Iqstel Inc's assets grew by 529.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Iqstel Inc (2015–2024)
The table below shows the annual total assets of Iqstel Inc from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $79.01 Million | +529.57% |
| 2022-12-31 | $12.55 Million | +38.52% |
| 2021-12-31 | $9.06 Million | +52.22% |
| 2020-12-31 | $5.95 Million | +6.23% |
| 2019-12-31 | $5.60 Million | +134.33% |
| 2018-12-31 | $2.39 Million | +115.66% |
| 2017-12-31 | $1.11 Million | +6961.43% |
| 2016-12-31 | $15.70K | -58.66% |
| 2016-06-30 | $37.98K | -97.54% |
| 2015-12-31 | $1.55 Million | -- |