iNeedMD Holdings (iNeedMD Holdings) Total Current Assets : $0.25 Mil (As of Mar. 2016)

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What is iNeedMD Holdings Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. iNeedMD Holdings's total current assets for the quarter that ended in Mar. 2016 was $0.25 Mil.

iNeedMD Holdings Total Current Assets Historical Data

The historical data trend for iNeedMD Holdings'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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iNeedMD Holdings Total Current Assets Chart

iNeedMD Holdings Annual Data

Trend

Nov12

Nov13

Nov14

Dec15

Total Current Assets

0.01

1.12

iNeedMD Holdings Quarterly Data
	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Mar15	Jun15	Sep15	Dec15	Mar16
Total Current Assets	Get a 7-Day Free Trial										2.07	1.85	1.53	1.12	0.25

iNeedMD Holdings 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.

iNeedMD Holdings's Total Current Assets for the fiscal year that ended in Dec. 2015 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.112	+	0.001	+	0.995	+	0.0089999999999999
	=	1.12

iNeedMD Holdings's Total Current Assets for the quarter that ended in Mar. 2016 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.088	+	0.001	+	0.156	+	0
	=	0.25

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.

iNeedMD Holdings (GREY:NEMD) 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.

iNeedMD Holdings's Liquidation Value for the quarter that ended in Mar. 2016 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.088	-	1.801	+	0.75 * 0.001	+	0.5 * 0.156
=	-1.63

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iNeedMD Holdings (iNeedMD Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » iNeedMD Holdings Inc (GREY:NEMD) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

650 First Avenue, Third Floor, New York, NY, USA, 10016

Website

http://www.ineedmd.com

iNeedMD Holdings Inc is a United States of America based medical device development company. The company's products include The EKG Glove and Portable ECG devices. Its product development programs focus on easy-to-use systems for collecting a plurality of diagnostic information and transmitting that data to local and remote locations. The EKG Glove provides healthcare workers with a standardized ECG solution that enables to quickly and accurately assess an individual's cardiac health.

Executives

Thomas Albert Nicolette

director, officer: President and CEO

7 SPRING HOLLOW ROAD, CENTERPORT NY 11721

iNeedMD Holdings (iNeedMD Holdings) Headlines

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