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Dror Ortho-Design (Dror Ortho-Design) Preferred Stock : $0.00 Mil (As of Mar. 2024)


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What is Dror Ortho-Design Preferred Stock?

Preferred stock is a special equity security that has properties of both equity and debt. Dror Ortho-Design's preferred stock for the quarter that ended in Mar. 2024 was $0.00 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. Dror Ortho-Design's Enterprise Value for the quarter that ended in Mar. 2024 was $1.17 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. Dror Ortho-Design's Book Value per Share for the quarter that ended in Mar. 2024 was $0.00.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). Dror Ortho-Design's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $-0.00.


Dror Ortho-Design Preferred Stock Historical Data

The historical data trend for Dror Ortho-Design's Preferred Stock 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.

Dror Ortho-Design Preferred Stock Chart

Dror Ortho-Design Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Preferred Stock
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Dror Ortho-Design Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Dror Ortho-Design Preferred Stock Calculation

Preferred Stock is a special equity security that has properties of both equity and debt. It is generally considered a hybrid instrument. Preferred stock is senior to common stock, but is subordinate to bonds in terms of claim or rights to their share of the assets of the company.

Preferred stock has priority over common stock in the payment of dividends and any payments received when a company liquidates.

Preferred stock comes in many forms. It can be:


Convertible or Non-Convertible
Cumulative or Non-Cumulative
Voting or Non-Voting
Callable or Non-Callable
Maturity Date or No Maturity Date

A preferred stock without a maturity date is called a perpetual preferred stock. These are relatively rare. A good example of perpetual preferred stock is the many series of Public Storage (PSA) preferred shares that trade on the New York Stock Exchange.

Before investing in preferred stock, it is important to know which of the above groups the stock belongs to. Is it convertible or non-convertible? Are dividends cumulative or non-cumulative?

It is also critical that an investor knows what bonds the company has in front of the preferred stock. Bondholders get paid first. So the decision to buy a preferred stock can be similar to the decision to buy a bond. But, remember, the preferred stock of a company with bonds is junior to those bonds.

Unless a preferred stock is convertible, the upside in a preferred stock investment is more limited than in a common stock investment. If a company doubles its earnings, it is usually under no more obligation to double the dividends paid to preferred shareholders than it is to double the interest paid to its bankers and bondholders.So preferred stock is very different from common stock.


Dror Ortho-Design  (OTCPK:DROR) Preferred Stock Explanation

When a company needs capital but does not wish to issue debt, they may sell preferred stocks to investors.

For instance, during the financial crisis of 2008, Goldman Sachs (GS) issued a combination of preferred stock and common stock options for $5 billion of capital to Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B). In this deal, Berkshire Hathaway paid $5 billion for 10% cumulative perpetual preferred stock and warrants to buy 43.5 million shares of Goldman Sachs at $115 a share. Goldman Sachs bought back the preferred in 2010. Guess how much money Warren Buffett made in this deal in two years? Read How Much Did Warren Buffett’s Berkshire Hathaway (BRK.B) Make on Its Goldman Sachs (GS) Preferred Stock?

1. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value.

Dror Ortho-Design's Enterprise Value for the quarter that ended in Mar. 2024 is calculated as

2. In the calculation of Book Value, the par value of Preferred Stocks needs to subtracted from total equity.

Dror Ortho-Design's Book Value per Share for the quarter that ended in Mar. 2024 is calculated as

3. Dividends paid to Preferred Stocks need to be subtracted from net income in the calculation of earnings per share.

Dror Ortho-Design's Earnings per Share (Diluted) (EPS) for the three months ended in Mar. 2024 is calculated as

* 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.


Dror Ortho-Design Preferred Stock Related Terms

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Dror Ortho-Design (Dror Ortho-Design) Business Description

Traded in Other Exchanges
N/A
Address
100 Merrick Road, Suite 400W, Rockville Center, New York, NY, USA, 11570
Dror Ortho-Design Inc Formerly Novint Technologies Inc is engaged in the development and sale of 3D haptics products and equipment. The company's focus is on the consumer interactive computer gaming market, but it also does project work in other areas. Its operations are based in New Mexico with sales of its haptics products primarily to consumers through retail outlets.
Executives
Eliyahu Haddad director, officer: Chief Executive Officer SHATNER STREET 3, JERUSALEM L3 NA
Chaim Ravad director SHATNER STREET 3, JERUSALEM L3 NA
Yehuda Englander director SHATNER STREET 3, JERUSALEM L3 NA
Moshe Shvets director, officer: Chief Technology Officer SHATNER STREET 3, JERUSALEM L3 NA
Chaim Hurvitz director C/O GALMED PHARMACEUTICALS LTD., 8 SHAUL, HAMELECH BLVD, AMOT HAMISHPAT BLDG., TEL AVIV L3 64733
Orin Hirschman director, officer: Chief Executive Officer 101 EAST 52ND ST, NEW YORK NY 10022
Ryan Christoff director 480 JOHNSON ROAD SUITE 303, WASHINGTON PA 15301
Congregation Ahavas Tzdokah Vchesed Inc. 10 percent owner, other: See Explanation of Responses 1347 42ND STREET, BROOKLYN NY 11219
Ellis International L.p. other: See Explanation of Responses 100 MERRICK ROAD, SUITE 400W, ROCKVILLE CENTRE NY 11570
Brian W Long director 1010 OHIO RIVER BLVD., PITTSBURGH PA 15202
Shannon Lee Vissman director, 10 percent owner 1241 TURNBERRY DRIVE, UPPER ST. CLAIR PA 15241
Jan K Richardson director 1821 HILLANDALE RD., SUITE 307, DURHAM NC 27705
Aigh Investment Partners, Llc 10 percent owner 6006 BERKELEY AVENUE, BALTIMORE MD 21209
V Gerald Grafe director 901 RIO GRANDE BOULEVARD NW, BUILDING H, SUITE 262, ALBUQUERQUE NM 87104
Walter A Aviles 10 percent owner, officer: Chief Technical Officer 9620 SAN MATEO BOULEVARD NE, ALBUQUERQUE NM 87113

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