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iNeedMD Holdings (iNeedMD Holdings) Net Cash per Share : $-0.03 (As of Mar. 2016)


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What is iNeedMD Holdings Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). iNeedMD Holdings's Net Cash per Share for the quarter that ended in Mar. 2016 was $-0.03.

The historical rank and industry rank for iNeedMD Holdings's Net Cash per Share or its related term are showing as below:

NEMD's Price-to-Net-Cash is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 7.09
* Ranked among companies with meaningful Price-to-Net-Cash only.

iNeedMD Holdings Net Cash per Share Historical Data

The historical data trend for iNeedMD Holdings's Net Cash per Share 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.

iNeedMD Holdings Net Cash per Share Chart

iNeedMD Holdings Annual Data
Trend Nov12 Nov13 Nov14 Dec15
Net Cash per Share
- - -0.01 -0.07

iNeedMD Holdings Quarterly Data
Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Mar15 Jun15 Sep15 Dec15 Mar16
Net Cash per Share 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 -0.01 -0.03 -0.05 -0.07 -0.03

Competitive Comparison of iNeedMD Holdings's Net Cash per Share

For the Medical Devices subindustry, iNeedMD Holdings's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


iNeedMD Holdings's Price-to-Net-Cash Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, iNeedMD Holdings's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where iNeedMD Holdings's Price-to-Net-Cash falls into.



iNeedMD Holdings Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

iNeedMD Holdings's Net Cash per Share for the fiscal year that ended in Dec. 2015 is calculated as

Net Cash per Share (A: Dec. 2015 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.112-3.889-0)/53.2702
=-0.07

iNeedMD Holdings's Net Cash per Share for the quarter that ended in Mar. 2016 is calculated as

Net Cash per Share (Q: Mar. 2016 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.088-1.801-0)/54.5696
=-0.03

* 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.


iNeedMD Holdings  (GREY:NEMD) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


iNeedMD Holdings Net Cash per Share Related Terms

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iNeedMD Holdings (iNeedMD Holdings) Business Description

Traded in Other Exchanges
N/A
Address
650 First Avenue, Third Floor, New York, NY, USA, 10016
iNeedMD Holdings Inc is a United States of America based medical device development company. The company's products include The EKG Glove and Portable ECG devices. Its product development programs focus on easy-to-use systems for collecting a plurality of diagnostic information and transmitting that data to local and remote locations. The EKG Glove provides healthcare workers with a standardized ECG solution that enables to quickly and accurately assess an individual's cardiac health.
Executives
Thomas Albert Nicolette director, officer: President and CEO 7 SPRING HOLLOW ROAD, CENTERPORT NY 11721

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