Modern Mobility Aids
Modern Mobility Aids, Inc. operates in the telehealth and telemedicine industry. It operates a telehealth platform incorporating AI and IOT to get access to healthcare regardless of location and financial status. The company was incorporated in 2007 and is based in Brampton, Canada.
Modern Mobility Aids (MDRM) - Net Assets
Latest net assets as of March 2015: $-451.51K USD
Based on the latest financial reports, Modern Mobility Aids (MDRM) has net assets worth $-451.51K USD as of March 2015.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($68.32K) and total liabilities ($519.83K). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-451.51K |
| % of Total Assets | -660.89% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Modern Mobility Aids - Net Assets Trend (2010–2014)
This chart illustrates how Modern Mobility Aids's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Modern Mobility Aids (2010–2014)
The table below shows the annual net assets of Modern Mobility Aids from 2010 to 2014.
| Year | Net Assets | Change |
|---|---|---|
| 2014-06-30 | $-667.05K | -28.34% |
| 2013-06-30 | $-519.77K | -11.26% |
| 2012-06-30 | $-467.17K | -351.15% |
| 2011-06-30 | $-103.55K | -2460.63% |
| 2010-06-30 | $-4.04K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Modern Mobility Aids's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 82273900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2014)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $77.16K | % |
| Other Components | $89.07K | % |
| Total Equity | $-667.05K | 100.00% |
Modern Mobility Aids Competitors by Market Cap
The table below lists competitors of Modern Mobility Aids ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Downing Four Generalist Shs plc
LSE:D4G
|
$47.73 |
|
Skye Petroleum Inc
PINK:SKPO
|
$47.76 |
|
RCG HLDGS
BE:RL8
|
$47.96 |
|
BROCKMAN MINING
BE:WA2
|
$47.99 |
|
Biome Technologies Plc
LSE:BIOM
|
$47.05 |
|
iSun, Inc.
NASDAQ:ISUNQ
|
$47.00 |
|
China Power Equipment Inc
PINK:CPQQ
|
$46.99 |
|
TSL LIMITED
XZIM:TSL
|
$46.84 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Modern Mobility Aids's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2013 to 2014, total equity changed from -519,773 to -667,051, a change of -147,278.
- Net loss of 248,243 reduced equity.
- Other factors increased equity by 100,965.
Equity Change Factors (2013 to 2014)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-248.24K | -37.21% |
| Other Changes | $100.97K | +15.14% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Modern Mobility Aids's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-06-30 | $0.00 | $0.01 | x |
| 2011-06-30 | $0.00 | $0.01 | x |
| 2012-06-30 | $0.00 | $0.01 | x |
| 2013-06-30 | $0.00 | $0.01 | x |
| 2014-06-30 | $-0.01 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Modern Mobility Aids utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 0.00% | -111.81% | 2.71x | 0.00x | $-8.37K |
| 2011 | 0.00% | -9557.67% | 0.10x | 0.00x | $-147.92K |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-316.90K |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-624.70 |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-181.54K |
Industry Comparison
This section compares Modern Mobility Aids's net assets metrics with peer companies in the Health Information Services industry.
Industry Context
- Industry: Health Information Services
- Average net assets among peers: $79,108,599
- Average return on equity (ROE) among peers: -247.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Modern Mobility Aids (MDRM) | $-451.51K | 0.00% | N/A | $47.30 |
| Accolade, Inc. (ACCD) | $473.79 Million | -97.02% | 0.91x | $448.32 Million |
| Achiko AG (ACHKF) | $-4.58 Million | 0.00% | 0.00x | $314.42K |
| Ascom Holding AG (ACMLF) | $78.70 Million | 22.11% | 1.51x | $152.13 Million |
| Accelera Innovations Inc (ACNV) | $-462.52K | 0.00% | 0.00x | $5.72K |
| Aclarion Inc (ACON) | $-7.08 Million | 0.00% | 0.00x | $1.89 Million |
| Alternate Health Corp (AHGIF) | $1.07 Million | -2231.82% | 7.94x | $6.50K |
| AI/ML Innovations Inc (AIMLF) | $2.09 Million | -130.52% | 0.72x | $6.84 Million |
| NetraMark Holdings Inc. (AINMF) | $-198.56K | 0.00% | 0.00x | $70.13 Million |
| AMJ Global Technology (AMJT) | $-21.78K | 0.00% | 0.00x | $10.99 Million |
| American Well Corp (AMWL) | $247.79 Million | -38.62% | 0.31x | $78.62 Million |