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Modern Mobility Aids (Modern Mobility Aids) Equity-to-Asset : -6.65 (As of Mar. 2015)


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What is Modern Mobility Aids Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Modern Mobility Aids's Total Stockholders Equity for the quarter that ended in Mar. 2015 was $-0.45 Mil. Modern Mobility Aids's Total Assets for the quarter that ended in Mar. 2015 was $0.07 Mil.

The historical rank and industry rank for Modern Mobility Aids's Equity-to-Asset or its related term are showing as below:

MDRM's Equity-to-Asset is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 0.46
* Ranked among companies with meaningful Equity-to-Asset only.

Modern Mobility Aids Equity-to-Asset Historical Data

The historical data trend for Modern Mobility Aids's Equity-to-Asset 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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Modern Mobility Aids Equity-to-Asset Chart

Modern Mobility Aids Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14
Equity-to-Asset
-1.33 -6.50 - - -11.50

Modern Mobility Aids Quarterly Data
Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
Equity-to-Asset 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 - -11.50 -0.40 -7.83 -6.65

Competitive Comparison of Modern Mobility Aids's Equity-to-Asset

For the Health Information Services subindustry, Modern Mobility Aids's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


Modern Mobility Aids's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Modern Mobility Aids's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Modern Mobility Aids's Equity-to-Asset falls into.



Modern Mobility Aids Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Modern Mobility Aids's Equity to Asset Ratio for the fiscal year that ended in Jun. 2014 is calculated as

Equity to Asset (A: Jun. 2014 )=Total Stockholders Equity/Total Assets
=-0.667/0.058
=

Modern Mobility Aids's Equity to Asset Ratio for the quarter that ended in Mar. 2015 is calculated as

Equity to Asset (Q: Mar. 2015 )=Total Stockholders Equity/Total Assets
=-0.452/0.068
=

* 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.


Modern Mobility Aids  (OTCPK:MDRM) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Modern Mobility Aids Equity-to-Asset Related Terms

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Modern Mobility Aids (Modern Mobility Aids) Business Description

Traded in Other Exchanges
N/A
Address
79 Bramsteele Road, Brampton, ON, CAN, L6W3K6
Modern Mobility Aids Inc plays a vital role in fostering telehealth innovation, driving technological advancements, and improving access to healthcare services. It is focused on investing in people, products, and ventures that challenge and disrupt the telehealth category.