Medical Care Technologies Inc.
MDCEdata completeness 75%2 fiscal years on fileData notes: no data for concept 'revenue'; no data for concept 'totalDebt'; no data for concept 'incomeTaxExpense'
i. The business — what you’d actually own
| Figure | FY 2010 | FY 2011 |
|---|---|---|
| Revenue | — | — |
| Net income | −$2.19M1 | −$1.92M1 |
| Operating cash flow | −$189,9352 | −$371,9202 |
| Capital expenditure | $03 | $6,2003 |
| Free cash flow (derived) | −$189,9352 | −$378,1202 |
| Total debt | — | — |
| Cash & equivalents | $3914 | $3,3804 |
| Diluted shares | 161.0M | 308.9M |
Superscripts are receipts. Each links to the SEC filing the number came from (full list at the bottom).
ii. Your slice — ownership made literal
If you owned
shares
Net assets behind them
−$0.01
your share of equity
Profit it earned you last year
−$0.06
Free cash flow it threw off
−$0.01
Debt you’d be carrying
—
10 shares is a claim on −$0.01 of net worth that earned you −$0.06 and generated −$0.01 of cash last year.
iii. Is this a good business?
Moat signal · return on equity
— avg · 2y
Not enough data in the filings for a return-on-capital reading.
seeing a moat in the numbers →Management signal · capital allocation
+92% shares · 2y
Share count is up 92% over 2 years — owners have been diluted. Worth asking what they got for it.
reading capital allocation →Signals, not verdicts — read from the filings above. Numbers don’t prove a moat; they show its footprint. You decide.
iv. What it’s worth — engine v0.1.0
DCF · Growth Exit 10Y
not applicable
only 2 years of FCF (need ≥3) — model not applicable
DCF · Growth Exit 5Y
not applicable
only 2 years of FCF (need ≥3) — model not applicable
Earnings Power Value
not applicable
only 2 years of net income (need ≥3)
Graham Number
not applicable
diluted EPS missing or non-positive — Graham Number undefined
Different models answer different questions — which to trust when →
Sources — the receipts
- 10-K · period ending 2010-12-31 · accession 0001213900-12-001816 (NetIncomeLoss)
- 10-K · period ending 2010-12-31 · accession 0001213900-12-001816 (NetCashProvidedByUsedInOperatingActivities)
- 10-K · period ending 2010-12-31 · accession 0001213900-12-001816 (PaymentsToAcquirePropertyPlantAndEquipment)
- 10-K · period ending 2010-12-31 · accession 0001213900-12-001816 (CashAndCashEquivalentsAtCarryingValue)