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Modern Mobility Aids (Modern Mobility Aids) Liabilities-to-Assets : 7.65 (As of Mar. 2015)


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What is Modern Mobility Aids Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Modern Mobility Aids's Total Liabilities for the quarter that ended in Mar. 2015 was $0.52 Mil. Modern Mobility Aids's Total Assets for the quarter that ended in Mar. 2015 was $0.07 Mil. Therefore, Modern Mobility Aids's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2015 was 7.65.


Modern Mobility Aids Liabilities-to-Assets Historical Data

The historical data trend for Modern Mobility Aids's Liabilities-to-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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Modern Mobility Aids Liabilities-to-Assets Chart

Modern Mobility Aids Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14
Liabilities-to-Assets
2.33 7.50 - - 12.50

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
Liabilities-to-Assets 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 - 12.50 1.39 8.83 7.65

Competitive Comparison of Modern Mobility Aids's Liabilities-to-Assets

For the Health Information Services subindustry, Modern Mobility Aids's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 Liabilities-to-Assets Distribution in the Healthcare Providers & Services Industry

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

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



Modern Mobility Aids Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Modern Mobility Aids's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2014 is calculated as:

Liabilities-to-Assets (A: Jun. 2014 )=Total Liabilities/Total Assets
=0.725/0.058
=12.50

Modern Mobility Aids's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2015 is calculated as

Liabilities-to-Assets (Q: Mar. 2015 )=Total Liabilities/Total Assets
=0.52/0.068
=7.65

* 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) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Modern Mobility Aids Liabilities-to-Assets 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.