iNeedMD Holdings (iNeedMD Holdings) Total Assets : $0.25 Mil (As of Mar. 2016)

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What is iNeedMD Holdings Total Assets?

iNeedMD Holdings's Total Assets for the quarter that ended in Mar. 2016 was $0.25 Mil.

Total Assets is connected with ROA %. iNeedMD Holdings's annualized ROA % for the quarter that ended in Mar. 2016 was 650.67%. Total Assets is also linked to Revenue through Asset Turnover. iNeedMD Holdings's Asset Turnover for the quarter that ended in Mar. 2016 was 0.00.

iNeedMD Holdings Total Assets Historical Data

The historical data trend for iNeedMD Holdings's Total Assets 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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iNeedMD Holdings Total Assets Chart

iNeedMD Holdings Annual Data

Trend

Nov12

Nov13

Nov14

Dec15

Total Assets

0.01

1.16

iNeedMD Holdings Quarterly Data
	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Mar15	Jun15	Sep15	Dec15	Mar16
Total Assets	Get a 7-Day Free Trial										2.12	1.90	1.58	1.16	0.25

iNeedMD Holdings Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

iNeedMD Holdings's Total Assets for the fiscal year that ended in Dec. 2015 is calculated as

Total Assets	=	Total Equity (A: Dec. 2015 )	+	Total Liabilities (A: Dec. 2015 )
	=	-2.733	+	3.889
	=	1.16

iNeedMD Holdings's Total Assets for the quarter that ended in Mar. 2016 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2016 )	+	Total Liabilities (Q: Mar. 2016 )
	=	-1.548	+	1.801
	=	0.25

iNeedMD Holdings (GREY:NEMD) Total Assets Explanation

Total Assets is connected with ROA %.

iNeedMD Holdings's annualized ROA % for the quarter that ended in Mar. 2016 is

ROA %	=	Net Income (Q: Mar. 2016 )	/	( (Total Assets (Q: Dec. 2015 )	+	Total Assets (Q: Mar. 2016 ))	/ count )
	=	4.584	/	( (1.156	+	0.253)	/ 2 )
	=	4.584	/	0.7045
	=	650.67 %

Note: The Net Income data used here is four times the quarterly (Mar. 2016) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

iNeedMD Holdings's Asset Turnover for the quarter that ended in Mar. 2016 is

	Asset Turnover
=	Revenue (Q: Mar. 2016 )	/	( (Total Assets (Q: Dec. 2015 )	+	Total Assets (Q: Mar. 2016 ))	/ count )
=	0	/	( (1.156	+	0.253)	/ 2 )
=	0	/	0.7045
=	0.00

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

iNeedMD Holdings Total Assets Related Terms

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iNeedMD Holdings (iNeedMD Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » iNeedMD Holdings Inc (GREY:NEMD) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

650 First Avenue, Third Floor, New York, NY, USA, 10016

Website

http://www.ineedmd.com

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

iNeedMD Holdings (iNeedMD Holdings) Headlines

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