Modern Mobility Aids (Modern Mobility Aids) Total Current Assets : $0.00 Mil (As of Mar. 2015)

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What is Modern Mobility Aids Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Modern Mobility Aids's total current assets for the quarter that ended in Mar. 2015 was $0.00 Mil.

Modern Mobility Aids Total Current Assets Historical Data

The historical data trend for Modern Mobility Aids's Total Current 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 Total Current Assets Chart

Modern Mobility Aids Annual Data

Trend

Jun10

Jun11

Jun12

Jun13

Jun14

Total Current Assets

0.02

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
Total Current Assets	Get a 7-Day Free Trial															-	0.01	0.01	-	-

Modern Mobility Aids Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

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

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.003	+	0	+	0	+	0.009
	=	0.01

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

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0	+	0	+	0	+	0.002
	=	0.00

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Modern Mobility Aids (OTCPK:MDRM) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Modern Mobility Aids's Liquidation Value for the quarter that ended in Mar. 2015 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0	-	0.52	+	0.75 * 0	+	0.5 * 0
=	-0.52

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Modern Mobility Aids (Modern Mobility Aids) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Modern Mobility Aids Inc (OTCPK:MDRM) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

79 Bramsteele Road, Brampton, ON, CAN, L6W3K6

Website

https://www.modernmobilityaids.com

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.