IPTK (AS-IP Tech) Total Equity: $-2.69 Mil (As of Mar. 2023)


What is AS-IP Tech Total Equity?

AS-IP Tech IPTK Total Equity is $-2.69 Mil as of Mar. 2023.

AS-IP Tech's total equity for the quarter that ended in Mar. 2023 was $-2.69 Mil.

This is Residual interest, including minority interest, that remains in the assets of the enterprise after deducting its liabilities. Equity is increased by owners’ investments and by comprehensive income, and it is reduced by distributions to the owners.

AS-IP Tech Total Equity Historical Data

* Premium members only.

The historical data trend for AS-IP Tech's Total Equity 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 Total Equity Chart

AS-IP Tech Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Total Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.16 -1.52 -2.29 -1.32 -2.17

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
Total Equity 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 -2.41 -2.17 -2.40 -2.60 -2.69

AS-IP Tech Total Equity Calculation

Total Equity and Total Liabilities are the two components for Total Assets.

AS-IP Tech's Total Equity for the fiscal year that ended in Jun. 2022 is calculated as

Total Equity=Total Assets(Q: Jun. 2022 )-Total Liabilities(Q: Jun. 2022 )
=0.133-2.305
=-2.17

AS-IP Tech's Total Equity for the quarter that ended in Mar. 2023 is calculated as

Total Equity=Total Assets(Q: Mar. 2023 )-Total Liabilities(Q: Mar. 2023 )
=0.029-2.715
=-2.69

* 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.

Frequently Asked Questions Learn more about Total Equity →
What does a Total Equity of $-2.69 Mil mean?
AS-IP Tech (IPTK) has a Total Equity of $-2.69 Mil as of Mar. 2023. The total amount of equity as record on a company's balance sheet. View historical data for AS-IP Tech and its competitors.
Is AS-IP Tech's Total Equity too high?
AS-IP Tech's current Total Equity is $-2.69 Mil.
How does AS-IP Tech's Total Equity compare to TCCO and MLRT?
AS-IP Tech's Total Equity of $-2.69 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 Total Equity for a Hardware company?
A good Total Equity depends on the Hardware industry context. However, Total Equity 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 Total Equity mean?
A high Total Equity can signal that a stock is expensive relative to its fundamentals. The total amount of equity as record on a company's balance sheet. View historical data for AS-IP Tech and its competitors. AS-IP Tech's current Total Equity is $-2.69 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 Total Equity of $-2.69 Mil. The current Total Equity is $-2.69 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Equity calculated?
Total Equity is calculated from a company's financial statements. For AS-IP Tech (IPTK), the current Total Equity is $-2.69 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.