MEDirect Latino Inc
MEDirect Latino, Inc. provides direct-to-consumer medical products to the Hispanic community in the United States and Puerto Rico. It supplies diabetic diagnostic testing supplies, and other products, including heating pads, seat lifts, and walking assistance devices. The company was founded in 2002 and is headquartered in Pompano Beach, Florida.
MEDirect Latino Inc (MLTO) - Total Assets
Latest total assets as of March 2007: $4.14 Million USD
Based on the latest financial reports, MEDirect Latino Inc (MLTO) holds total assets worth $4.14 Million USD as of March 2007.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
MEDirect Latino Inc - Total Assets Trend (2003–2006)
This chart illustrates how MEDirect Latino Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
MEDirect Latino Inc - Asset Composition Analysis
Current Asset Composition (June 2006)
MEDirect Latino Inc's total assets of $4.14 Million consist of 85.4% current assets and 14.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.6% |
| Accounts Receivable | $2.30 Million | 78.4% |
| Inventory | $84.01K | 2.9% |
| Property, Plant & Equipment | $401.91K | 13.7% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2003–2006)
This chart illustrates how MEDirect Latino Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: MEDirect Latino Inc's current assets represent 85.4% of total assets in 2006, an increase from 3.7% in 2003.
- Cash Position: Cash and equivalents constituted 2.6% of total assets in 2006, up from 0.0% in 2003.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2003.
- Asset Diversification: The largest asset category is accounts receivable at 78.4% of total assets.
MEDirect Latino Inc Competitors by Total Assets
Key competitors of MEDirect Latino Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
C.Q. Pharmaceutical Holding Co Ltd
SHE:000950
|
China | CN¥67.71 Billion |
|
Shenzhen Glory Medical Co Ltd
SHE:002551
|
China | CN¥3.56 Billion |
|
Shandong Realcan Pharmaceutical Co Ltd
SHE:002589
|
China | CN¥15.33 Billion |
|
Hanmi Science
KO:008930
|
Korea | ₩1.45 Trillion |
|
BCM Alliance Bhd
KLSE:0187
|
Malaysia | RM147.86 Million |
|
Qingdao Baheal Medical INC.
SHE:301015
|
China | CN¥7.59 Billion |
|
Excelsior Medical Co Ltd
TW:4104
|
Taiwan | NT$18.80 Billion |
|
CHC Healthcare Group
TW:4164
|
Taiwan | NT$14.83 Billion |
MEDirect Latino Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - MEDirect Latino Inc generates 2.29x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - MEDirect Latino Inc is currently not profitable relative to its asset base.
MEDirect Latino Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.39 | 0.54 | 0.54 |
| Quick Ratio | 1.35 | 0.52 | 0.52 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $828.85K | $ -2.18 Million | $ -2.18 Million |
MEDirect Latino Inc - Advanced Valuation Insights
This section examines the relationship between MEDirect Latino Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 1478.8% |
| Total Assets | $2.94 Million |
| Market Capitalization | $0.94 USD |
Valuation Analysis
Below Book Valuation: The market values MEDirect Latino Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: MEDirect Latino Inc's assets grew by 1478.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for MEDirect Latino Inc (2003–2006)
The table below shows the annual total assets of MEDirect Latino Inc from 2003 to 2006.
| Year | Total Assets | Change |
|---|---|---|
| 2006-06-30 | $2.94 Million | +1478.85% |
| 2005-06-30 | $186.15K | +44.32% |
| 2004-06-30 | $128.98K | +127.81% |
| 2003-06-30 | $56.62K | -- |