IPTK (AS-IP Tech) Beginning Cash Position: $0.02 Mil (As of Mar. 2023)


What is AS-IP Tech Beginning Cash Position?

AS-IP Tech IPTK Beginning Cash Position is $0.02 Mil as of Mar. 2023.

AS-IP Tech's Beginning Cash Position for the quarter that ended in Mar. 2023 was $0.02 Mil.

AS-IP Tech's quarterly Beginning Cash Position declined from Sep. 2022 ($0.11 Mil) to Dec. 2022 ($0.00 Mil) but then increased from Dec. 2022 ($0.00 Mil) to Mar. 2023 ($0.02 Mil).

AS-IP Tech's annual Beginning Cash Position increased from Jun. 2020 ($0.00 Mil) to Jun. 2021 ($0.01 Mil) and increased from Jun. 2021 ($0.01 Mil) to Jun. 2022 ($0.16 Mil).

AS-IP Tech Beginning Cash Position Related Terms

AS-IP Tech Beginning Cash Position Historical Data

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The historical data trend for AS-IP Tech's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

AS-IP Tech Beginning Cash Position Chart

AS-IP Tech Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.04 0.00 0.01 0.16

AS-IP Tech Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.35 0.13 0.11 0.00 0.02

AS-IP Tech Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of $0.02 Mil mean?
AS-IP Tech (IPTK) has a Beginning Cash Position of $0.02 Mil as of Mar. 2023. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on AS-IP Tech and its competitors.
Is AS-IP Tech's Beginning Cash Position too high?
AS-IP Tech's current Beginning Cash Position is $0.02 Mil.
How does AS-IP Tech's Beginning Cash Position compare to TCCO and MLRT?
AS-IP Tech's Beginning Cash Position of $0.02 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Hardware company?
A good Beginning Cash Position depends on the Hardware industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on AS-IP Tech and its competitors. AS-IP Tech's current Beginning Cash Position is $0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AS-IP Tech stock overvalued right now?
AS-IP Tech (IPTK) has a current Beginning Cash Position of $0.02 Mil. The current Beginning Cash Position is $0.02 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For AS-IP Tech (IPTK), the current Beginning Cash Position is $0.02 Mil as of Mar. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

AS-IP Tech Business Description

Address 1/15 Castles Drive, Torquay, VIC, AUS, 3228
AS-IP Tech Inc is engaged in creating in-flight connectivity systems that utilize Bluetooth Smart technology as a low-cost alternative to the traditionally expensive Wi-Fi platform. The company's technology consists of two products BizjetMobile and fflya. BizjetMobile provides corporate jets with an alternative inflight connectivity solution and is marketed under the brand names CHiiMP and BizjetInternet. These are mobile apps that deliver optimized inflight text and email for passengers and crew; and fflya provides airlines with an inflight connectivity approach based on the latest mobile app technology, narrowband satellite links, and BlueTooth technology. The fflya platform reduces the installation, certification and equipment costs by up to 90% compared to inflight broadband.