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Modern Mobility Aids (Modern Mobility Aids) Net Current Asset Value : $0.00 (As of Mar. 2015)


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What is Modern Mobility Aids Net Current Asset Value?

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

Modern Mobility Aids's net current asset value per share for the quarter that ended in Mar. 2015 was $0.00.

The historical rank and industry rank for Modern Mobility Aids's Net Current Asset Value or its related term are showing as below:

MDRM's Price-to-Net-Current-Asset-Value is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 6.33
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Modern Mobility Aids Net Current Asset Value Historical Data

The historical data trend for Modern Mobility Aids's Net Current Asset Value 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.

Modern Mobility Aids Net Current Asset Value Chart

Modern Mobility Aids Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14
Net Current Asset Value
- - - - -0.01

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
Net Current Asset Value 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 -0.01 -0.01 -0.01 -0.01 -

Competitive Comparison of Modern Mobility Aids's Net Current Asset Value

For the Health Information Services subindustry, Modern Mobility Aids's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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 Price-to-Net-Current-Asset-Value Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Modern Mobility Aids's Price-to-Net-Current-Asset-Value falls into.



Modern Mobility Aids Net Current Asset Value Calculation

Modern Mobility Aids's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jun. 2014 is calculated as

Net Current Asset Value Per Share(A: Jun. 2014 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.012-0.725-0-0)/77.1618
=-0.01

Modern Mobility Aids's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2015 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2015 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.002-0.52-0-0)/114.146
=-0.00

* 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) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham’s strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


Modern Mobility Aids Net Current Asset Value 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.