iNeedMD Holdings (iNeedMD Holdings) Debt-to-Equity : -0.13 (As of Mar. 2016)

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What is iNeedMD Holdings Debt-to-Equity?

iNeedMD Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2016 was $0.20 Mil. iNeedMD Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2016 was $0.00 Mil. iNeedMD Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2016 was $-1.55 Mil. iNeedMD Holdings's debt to equity for the quarter that ended in Mar. 2016 was -0.13.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for iNeedMD Holdings's Debt-to-Equity or its related term are showing as below:

NEMD's Debt-to-Equity is not ranked ^*
in the Medical Devices & Instruments industry.
Industry Median: 0.21
* Ranked among companies with meaningful Debt-to-Equity only.

iNeedMD Holdings Debt-to-Equity Historical Data

The historical data trend for iNeedMD Holdings's Debt-to-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.

* Premium members only.

iNeedMD Holdings Debt-to-Equity Chart

iNeedMD Holdings Annual Data

Trend

Nov12

Nov13

Nov14

Dec15

Debt-to-Equity

-0.07

iNeedMD Holdings Quarterly Data
	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Mar15	Jun15	Sep15	Dec15	Mar16
Debt-to-Equity	Get a 7-Day Free Trial										-0.61	-0.22	-0.15	-0.07	-0.13

Competitive Comparison of iNeedMD Holdings's Debt-to-Equity

For the Medical Devices subindustry, iNeedMD Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where iNeedMD Holdings's Debt-to-Equity falls into.

iNeedMD Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

iNeedMD Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2015 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.2	+	0)	/	-2.733
	=	-0.07

iNeedMD Holdings's Debt to Equity Ratio for the quarter that ended in Mar. 2016 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.2	+	0)	/	-1.548
	=	-0.13

iNeedMD Holdings (GREY:NEMD) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

iNeedMD Holdings Debt-to-Equity 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 » Debt-to-Equity

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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