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) - Total Assets
Latest total assets as of September 2025: $229.00 USD
Based on the latest financial reports, iWallet Corporation (IWAL) holds total assets worth $229.00 USD as of September 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.
iWallet Corporation - Total Assets Trend (2009–2024)
This chart illustrates how iWallet Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
iWallet Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
iWallet Corporation's total assets of $229.00 consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 100.0% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2009–2024)
This chart illustrates how iWallet Corporation'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: iWallet Corporation's current assets represent 100.0% of total assets in 2024, unchanged from 100.0% in 2009.
- Cash Position: Cash and equivalents constituted 100.0% of total assets in 2024, the same as 100.0% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2009.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
iWallet Corporation Competitors by Total Assets
Key competitors of iWallet Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Zhejiang Dahua Technology Co Ltd
SHE:002236
|
China | CN¥52.14 Billion |
|
Shenzhen Infinova Ltd
SHE:002528
|
China | CN¥1.89 Billion |
|
Shenzhen TVT Digital Technology Co Ltd
SHE:002835
|
China | CN¥1.55 Billion |
|
Jade Bird Fire Alarm
SHE:002960
|
China | CN¥9.73 Billion |
|
Beijing Telesound Electronics Co Ltd
SHE:003004
|
China | CN¥1.27 Billion |
|
Mirae ING Co Ltd
KO:007120
|
Korea | ₩71.72 Billion |
|
S-1 Corp
KO:012750
|
Korea | ₩2.38 Trillion |
|
Hitron Systems
KO:019490
|
Korea | ₩44.03 Billion |
iWallet Corporation - 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 - iWallet Corporation generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - iWallet Corporation is currently not profitable relative to its asset base.
iWallet Corporation - 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 | 0.00 | 0.01 | 0.02 |
| Quick Ratio | 0.00 | 0.01 | 0.02 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-693.85K | $ -552.55K | $ -769.99K |
iWallet Corporation - Advanced Valuation Insights
This section examines the relationship between iWallet Corporation'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 | 3.00 |
| Latest Market Cap to Assets Ratio | 602.32 |
| Asset Growth Rate (YoY) | 56.2% |
| Total Assets | $2.44K |
| Market Capitalization | $1.47 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values iWallet Corporation's assets at a significant premium ( 602.32x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: iWallet Corporation's assets grew by 56.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for iWallet Corporation (2009–2024)
The table below shows the annual total assets of iWallet Corporation from 2009 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $2.44K | +56.22% |
| 2023-12-31 | $1.56K | -88.05% |
| 2022-12-31 | $13.05K | -73.72% |
| 2021-12-31 | $49.66K | +314.16% |
| 2020-12-31 | $11.99K | -46.20% |
| 2019-12-31 | $22.29K | -97.93% |
| 2014-12-31 | $1.07 Million | +51357.59% |
| 2013-12-31 | $2.09K | +17.76% |
| 2012-12-31 | $1.77K | -64.75% |
| 2011-12-31 | $5.03K | -17.94% |
| 2010-12-31 | $6.13K | -67.39% |
| 2009-12-31 | $18.81K | -- |