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

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is AS-IP Tech Total Stockholders Equity?

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

AS-IP Tech's Total Stockholders Equity for the quarter that ended in Mar. 2023 was $-2.69 Mil. It refers to the net assets owned by shareholders. It does not include minority interest.

Total Stockholders Equity is used to calculate Book Value per Share. AS-IP Tech's Book Value per Share for the quarter that ended in Mar. 2023 was $-0.01. The ratio of a company's debt over equity can be used to measure how leveraged this company is. AS-IP Tech's Debt-to-Equity for the quarter that ended in Mar. 2023 was -0.67.

AS-IP Tech  (OTCPK:IPTK) Total Stockholders Equity Explanation

1. Total Stockholders Equity is used to calculate Book Value per Share.

AS-IP Tech's Book Value per Share for the quarter that ended in Mar. 2023 is

Book Value per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(-2.686-0)/283.252
=-0.01

2. The ratio of a company's debt over equity can be used to measure how leveraged this company is.

AS-IP Tech's Debt-to-Equity for the quarter that ended in Mar. 2023 is

Debt-to-Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(1.798 + 0) / -2.686
=-0.67

* 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 Stockholders Equity Related Terms

AS-IP Tech Total Stockholders Equity Historical Data

* Premium members only.

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

AS-IP Tech Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Total Stockholders 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 Stockholders 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
What does a Total Stockholders Equity of $-2.69 Mil mean?
AS-IP Tech (IPTK) has a Total Stockholders Equity of $-2.69 Mil as of Mar. 2023. The total amount of shareholder's equity as recorded on a company's balance sheet. View historical data for AS-IP Tech and its competitors.
Is AS-IP Tech's Total Stockholders Equity too high?
AS-IP Tech's current Total Stockholders Equity is $-2.69 Mil.
How does AS-IP Tech's Total Stockholders Equity compare to TCCO and MLRT?
AS-IP Tech's Total Stockholders 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 Stockholders Equity for a Hardware company?
A good Total Stockholders Equity depends on the Hardware industry context. However, Total Stockholders 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 Stockholders Equity mean?
A high Total Stockholders Equity can signal that a stock is expensive relative to its fundamentals. The total amount of shareholder's equity as recorded on a company's balance sheet. View historical data for AS-IP Tech and its competitors. AS-IP Tech's current Total Stockholders 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 Stockholders Equity of $-2.69 Mil. The current Total Stockholders Equity is $-2.69 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Stockholders Equity calculated?
Total Stockholders Equity is calculated from a company's financial statements. For AS-IP Tech (IPTK), the current Total Stockholders 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.