Modular Capital Stock from 2010 to 2024

MODD Stock  USD 1.64  0.01  0.61%   
Modular Medical's Capital Stock is increasing over the years with stable fluctuation. Capital Stock is expected to dwindle to about 19.8 K. Capital Stock is the total amount of a company's capital funded by shareholders through the issue and subscription of shares. View All Fundamentals
 
Capital Stock  
First Reported
2010-12-31
Previous Quarter
32 K
Current Value
19.8 K
Quarterly Volatility
4.7 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Modular Medical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Modular Medical's main balance sheet or income statement drivers, such as Depreciation And Amortization of 447.3 K, Selling General Administrative of 4.4 M or Other Operating Expenses of 18.4 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 3.69. Modular financial statements analysis is a perfect complement when working with Modular Medical Valuation or Volatility modules.
  
Check out the analysis of Modular Medical Correlation against competitors.
For information on how to trade Modular Stock refer to our How to Trade Modular Stock guide.

Latest Modular Medical's Capital Stock Growth Pattern

Below is the plot of the Capital Stock of Modular Medical over the last few years. It is the total amount of a company's capital funded by shareholders through the issue and subscription of shares. Modular Medical's Capital Stock historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Modular Medical's overall financial position and show how it may be relating to other accounts over time.
Capital Stock10 Years Trend
Pretty Stable
   Capital Stock   
       Timeline  

Modular Capital Stock Regression Statistics

Arithmetic Mean18,037
Geometric Mean17,518
Coefficient Of Variation25.96
Mean Deviation2,213
Median17,840
Standard Deviation4,682
Sample Variance21.9M
Range21.5K
R-Value0.13
Mean Square Error23.2M
R-Squared0.02
Significance0.65
Slope135.73
Total Sum of Squares306.8M

Modular Capital Stock History

202419.8 K
202332 K
202210.9 K
202110.5 K
202018.9 K
201917.9 K

Other Fundumenentals of Modular Medical

Modular Medical Capital Stock component correlations

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-0.860.450.5-0.480.620.490.90.810.980.850.770.730.26-0.740.0-0.740.730.73
-0.750.450.42-0.370.490.40.590.090.480.080.70.480.21-0.490.83-0.490.480.48
-0.460.50.42-1.00.171.00.510.430.50.410.40.290.06-0.290.22-0.290.290.29
0.41-0.48-0.37-1.0-0.13-1.0-0.47-0.43-0.47-0.41-0.34-0.25-0.040.25-0.180.25-0.25-0.25
-0.620.620.490.17-0.130.160.660.390.610.430.580.520.25-0.520.22-0.520.520.52
-0.440.490.41.0-1.00.160.490.430.490.410.370.270.05-0.270.21-0.270.270.27
-0.830.90.590.51-0.470.660.490.560.890.640.820.80.48-0.810.19-0.810.80.81
-0.550.810.090.43-0.430.390.430.560.790.950.40.33-0.11-0.26-0.3-0.260.330.33
-0.870.980.480.5-0.470.610.490.890.790.850.770.760.3-0.770.07-0.770.760.76
-0.580.850.080.41-0.410.430.410.640.950.850.430.530.17-0.37-0.27-0.370.530.53
-0.950.770.70.4-0.340.580.370.820.40.770.430.780.35-0.790.25-0.790.780.78
-0.780.730.480.29-0.250.520.270.80.330.760.530.780.8-0.80.2-0.81.01.0
-0.270.260.210.06-0.040.250.050.48-0.110.30.170.350.8-0.480.23-0.480.80.8
0.75-0.74-0.49-0.290.25-0.52-0.27-0.81-0.26-0.77-0.37-0.79-0.8-0.48-0.181.0-0.8-0.8
-0.30.00.830.22-0.180.220.210.19-0.30.07-0.270.250.20.23-0.18-0.180.20.2
0.75-0.74-0.49-0.290.25-0.52-0.27-0.81-0.26-0.77-0.37-0.79-0.8-0.481.0-0.18-0.8-0.8
-0.780.730.480.29-0.250.520.270.80.330.760.530.781.00.8-0.80.2-0.81.0
-0.780.730.480.29-0.250.520.270.810.330.760.530.781.00.8-0.80.2-0.81.0
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About Modular Medical Financial Statements

Modular Medical stakeholders use historical fundamental indicators, such as Modular Medical's Capital Stock, to determine how well the company is positioned to perform in the future. Although Modular Medical investors may analyze each financial statement separately, they are all interrelated. For example, changes in Modular Medical's assets and liabilities are reflected in the revenues and expenses on Modular Medical's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Modular Medical. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Capital Stock32 K19.8 K
Issuance Of Capital Stock20.3 M21.4 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Modular Medical is a strong investment it is important to analyze Modular Medical's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Modular Medical's future performance. For an informed investment choice regarding Modular Stock, refer to the following important reports:
Check out the analysis of Modular Medical Correlation against competitors.
For information on how to trade Modular Stock refer to our How to Trade Modular Stock guide.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Modular Medical. If investors know Modular will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Modular Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.65)
Return On Assets
(0.95)
Return On Equity
(1.83)
The market value of Modular Medical is measured differently than its book value, which is the value of Modular that is recorded on the company's balance sheet. Investors also form their own opinion of Modular Medical's value that differs from its market value or its book value, called intrinsic value, which is Modular Medical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Modular Medical's market value can be influenced by many factors that don't directly affect Modular Medical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Modular Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Modular Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Modular Medical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.