Investment Thesis
iWallet Corp is operationally insolvent with negative stockholders' equity of -$815.5K, zero revenue, and persistent operating losses of -$918.2K. The company demonstrates severe financial distress with negative cash flow, liabilities exceeding assets by $815.5K, and no cash reserves, indicating imminent insolvency risk.
Strengths
Risks
- Negative stockholders' equity indicating technical insolvency
- Zero revenue with no apparent business operations
- Liabilities ($895.8K) exceed total assets ($80.3K) by 1,015%
- No cash or equivalents to cover operating losses
- Negative operating cash flow of -$52.7K with deteriorating financial position
- Long-term debt of $436.8K with no revenue generation capacity
- Current ratio of 0.00x and quick ratio of -0.03x indicate inability to meet short-term obligations
- ROA of -1,373.8% demonstrates severe asset value destruction
Key Metrics to Watch
- Path to revenue generation and return to positive operating income
- Debt restructuring or capital raise to address negative equity
- Cash position and burn rate sustainability
Financial Metrics
Revenue
0.0
Net Income
-1.1M
EPS (Diluted)
$0.00
Free Cash Flow
-52.7K
Total Assets
80.3K
Cash
0.0
Profitability Ratios
Gross Margin
N/A
Operating Margin
N/A
Net Margin
N/A
ROE
N/A
ROA
-1,373.8%
FCF Margin
N/A
Balance Sheet & Liquidity
Current Ratio
0.00x
Quick Ratio
-0.03x
Debt/Equity
N/A
Debt/Assets
1,116.0%
Interest Coverage
-24.84x
Long-term Debt
436.8K
Disclaimer: This analysis is generated by AI based on publicly available SEC EDGAR filings.
It does not include stock price data and should not be considered financial advice.
All fundamental data is sourced from SEC public domain filings.
Always conduct your own research before making investment decisions.
Data Source: SEC EDGAR |
Analysis Date: 2026-03-29T16:08:10.170868 |
Data as of: 2025-12-31 |
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