IWAL (iWallet) Total Current Assets : $0.00 Mil (As of Jun. 2024)

View and export this data going back to 2011. Start your Free Trial

What is iWallet Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. iWallet's total current assets for the quarter that ended in Jun. 2024 was $0.00 Mil.

iWallet Total Current Assets Historical Data

The historical data trend for iWallet's Total Current Assets 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.

* Premium members only.

iWallet Total Current Assets Chart

iWallet Annual Data

Trend

Jun10

Jun11

Jun12

Jun13

Dec14

Dec20

Dec21

Dec22

Dec23

Total Current Assets

Get a 7-Day Free Trial

0.96

0.01

0.05

0.01

iWallet Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Total Current Assets	Get a 7-Day Free Trial															-	-	-	-	-

iWallet Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

iWallet's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.002	+	0	+	0	+	0
	=	0.00

iWallet's Total Current Assets for the quarter that ended in Jun. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.002	+	0	+	0	+	0
	=	0.00

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

iWallet (OTCPK:IWAL) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

iWallet's Liquidation Value for the quarter that ended in Jun. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.002	-	0.546	+	0.75 * 0	+	0.5 * 0
=	-0.54

iWallet Total Current Assets Related Terms

Thank you for viewing the detailed overview of iWallet's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

iWallet Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » iWallet Corp (OTCPK:IWAL) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

401 Ryland Street, Suite 200A, Reno, NV, USA, 89502

Website

http://www.iwalletusa.com

iWallet Corp is a United States-based company engaged in the business of designing and developing smart techcessories. It develops biometric locking cases and security products to protect against identity, and personal and financial information theft. The company's product is a biometric locking luxury storage case that protects cash, credit card and personal information.

iWallet Headlines

No Headlines