MDRM (Modern Mobility Aids) Interest Coverage: 0 (At Loss) (As of Mar. 2015)


What is Modern Mobility Aids Interest Coverage?

Modern Mobility Aids MDRM Interest Coverage is 0 (At Loss) as of Mar. 2015.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Modern Mobility Aids's Operating Income for the three months ended in Mar. 2015 was $-0.11 Mil. Modern Mobility Aids's Interest Expense for the three months ended in Mar. 2015 was $-0.00 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Modern Mobility Aids's Interest Coverage or its related term are showing as below:


MDRM's Interest Coverage is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 7.98
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Modern Mobility Aids  (OTCPK:MDRM) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .

Modern Mobility Aids Interest Coverage Related Terms

Modern Mobility Aids Interest Coverage Historical Data

* Premium members only.

The historical data trend for Modern Mobility Aids's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Modern Mobility Aids Interest Coverage Chart

Modern Mobility Aids Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14
Interest Coverage
No Debt No Debt No Debt No Debt 0.00

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
Interest Coverage 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 No Debt No Debt 0.00 0.00 0.00

MDRM vs MGPC, POYN, IVFZF: Interest Coverage Comparison

For the Health Information Services subindustry, Modern Mobility Aids's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Modern Mobility Aids's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Modern Mobility Aids's Interest Coverage falls into.


Modern Mobility Aids Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Modern Mobility Aids's Interest Coverage for the fiscal year that ended in Jun. 2014 is calculated as

Here, for the fiscal year that ended in Jun. 2014, Modern Mobility Aids's Interest Expense was $-0.00 Mil. Its Operating Income was $-0.27 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Modern Mobility Aids did not have earnings to cover the interest expense.

Modern Mobility Aids's Interest Coverage for the quarter that ended in Mar. 2015 is calculated as

Here, for the three months ended in Mar. 2015, Modern Mobility Aids's Interest Expense was $-0.00 Mil. Its Operating Income was $-0.11 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Modern Mobility Aids did not have earnings to cover the interest expense.

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
Modern Mobility Aids (MDRM) has a Interest Coverage of 0 (At Loss) as of Mar. 2015. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Modern Mobility Aids and its competitors.
Is Modern Mobility Aids' Interest Coverage too high?
Modern Mobility Aids' current Interest Coverage is 0 (At Loss).
How does Modern Mobility Aids' Interest Coverage compare to MGPC and POYN?
Modern Mobility Aids' Interest Coverage of 0 (At Loss) can be compared against companies in the Healthcare Providers & Services industry. The industry median Interest Coverage is 7.98. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Healthcare Providers & Services company?
The median Interest Coverage among Healthcare Providers & Services companies is 7.98, based on 453 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Modern Mobility Aids and its competitors. For the Healthcare Providers & Services industry, the median Interest Coverage is 7.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modern Mobility Aids's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modern Mobility Aids stock overvalued right now?
Modern Mobility Aids (MDRM) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Modern Mobility Aids (MDRM), the current Interest Coverage is 0 (At Loss) as of Mar. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Modern Mobility Aids Business Description

Address 1968 South Coast Highway, Suite1094, Laguna Beach, CA, USA, 92651
Modern Mobility Aids Inc is currently focusing on Digital Health, Telehealth, Virtual Care, Cardiac Monitoring, Mental Health, Tele-Monitoring, and other emerging opportunities in the rapidly changing healthcare environment, with a special emphasis on the Canadian, Latin American, and US markets. The company aims to build a common/shared platform through which it can provide Virtual Health Care services and home medical monitoring.