MDRM (Modern Mobility Aids) Total Assets: $0.07 Mil (As of Mar. 2015)

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What is Modern Mobility Aids Total Assets?

Modern Mobility Aids MDRM Total Assets is $0.07 Mil as of Mar. 2015.

Modern Mobility Aids's Total Assets for the quarter that ended in Mar. 2015 was $0.07 Mil.

Total Assets is connected with ROA %. Modern Mobility Aids's annualized ROA % for the quarter that ended in Mar. 2015 was -1,097.81%. Total Assets is also linked to Revenue through Asset Turnover. Modern Mobility Aids's Asset Turnover for the quarter that ended in Mar. 2015 was 0.00.

Modern Mobility Aids  (OTCPK:MDRM) Total Assets Explanation

Total Assets is connected with ROA %.

Modern Mobility Aids's annualized ROA % for the quarter that ended in Mar. 2015 is

ROA %=Net Income (Q: Mar. 2015 )/( (Total Assets (Q: Dec. 2014 )+Total Assets (Q: Mar. 2015 ))/ count )
=-0.752/( (0.069+0.068)/ 2 )
=-0.752/0.0685
=-1,097.81 %

Note: The Net Income data used here is four times the quarterly (Mar. 2015) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Modern Mobility Aids's Asset Turnover for the quarter that ended in Mar. 2015 is

Asset Turnover
=Revenue (Q: Mar. 2015 )/( (Total Assets (Q: Dec. 2014 )+Total Assets (Q: Mar. 2015 ))/ count )
=0/( (0.069+0.068)/ 2 )
=0/0.0685
=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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Modern Mobility Aids Total Assets Related Terms

Modern Mobility Aids Total Assets Historical Data

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The historical data trend for Modern Mobility Aids's Total 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.

Modern Mobility Aids Total Assets Chart

Modern Mobility Aids Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14
Total Assets
0.00 0.02 0.00 0.00 0.06

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
Total 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 0.00 0.06 0.37 0.07 0.07

Modern Mobility Aids Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

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

Total Assets=Total Equity (A: Jun. 2014 )+Total Liabilities (A: Jun. 2014 )
=-0.667+0.725
=0.06

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

Total Assets=Total Equity (Q: Mar. 2015 )+Total Liabilities (Q: Mar. 2015 )
=-0.452+0.52
=0.07

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $0.07 Mil mean?
Modern Mobility Aids (MDRM) has a Total Assets of $0.07 Mil as of Mar. 2015. The total amount of assets as recorded on a company's balance sheet. View historical data on Modern Mobility Aids and its competitors.
Is Modern Mobility Aids' Total Assets too high?
Modern Mobility Aids' current Total Assets is $0.07 Mil.
How does Modern Mobility Aids' Total Assets compare to MGPC and POYN?
Modern Mobility Aids' Total Assets of $0.07 Mil can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Healthcare Providers & Services company?
A good Total Assets depends on the Healthcare Providers & Services industry context. However, Total Assets 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 Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Modern Mobility Aids and its competitors. Modern Mobility Aids's current Total Assets is $0.07 Mil. 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 Total Assets of $0.07 Mil. The current Total Assets is $0.07 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Modern Mobility Aids (MDRM), the current Total Assets is $0.07 Mil 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.