IWAL (iWallet) Total Liabilities : $0.55 Mil (As of Jun. 2024)

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What is iWallet Total Liabilities?

iWallet's Total Liabilities for the quarter that ended in Jun. 2024 was $0.55 Mil.

iWallet's quarterly Total Liabilities increased from Dec. 2023 ($0.52 Mil) to Mar. 2024 ($0.53 Mil) and increased from Mar. 2024 ($0.53 Mil) to Jun. 2024 ($0.55 Mil).

iWallet's annual Total Liabilities increased from Dec. 2021 ($0.85 Mil) to Dec. 2022 ($0.92 Mil) but then declined from Dec. 2022 ($0.92 Mil) to Dec. 2023 ($0.52 Mil).

iWallet Total Liabilities Historical Data

The historical data trend for iWallet's Total Liabilities 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.

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iWallet Total Liabilities Chart

iWallet Annual Data

Trend

Jun10

Jun11

Jun12

Jun13

Dec14

Dec20

Dec21

Dec22

Dec23

Total Liabilities

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0.34

0.78

0.85

0.92

0.52

iWallet Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Total Liabilities	Get a 7-Day Free Trial															0.96	0.50	0.52	0.53	0.55

iWallet Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

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

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	0.515	+	(0	+	0
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	0.52

Total Liabilities	=	Total Assets (A: Dec. 2023 )	-	Total Equity (A: Dec. 2023 )
	=	0.002	-	-0.514
	=	0.52

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

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	0.546	+	(0	+	0
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	0.55

Total Liabilities	=	Total Assets (Q: Jun. 2024 )	-	Total Equity (Q: Jun. 2024 )
	=	0.002	-	-0.544
	=	0.55

iWallet Total Liabilities Related Terms

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iWallet Business Description

Industry

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

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.

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