ModivCare Fixed Asset Turnover from 2010 to 2024

MODV Stock  USD 18.79  0.85  4.74%   
ModivCare Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover is likely to outpace its year average in 2024. During the period from 2010 to 2024, ModivCare Fixed Asset Turnover regression line of quarterly data had mean square error of  110.25 and geometric mean of  30.32. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
21.93827997
Current Value
41.42
Quarterly Volatility
10.12944209
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ModivCare financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ModivCare's main balance sheet or income statement drivers, such as Interest Expense of 72.6 M, Selling General Administrative of 289.3 M or Total Revenue of 2.9 B, as well as many indicators such as Price To Sales Ratio of 0.22, Dividend Yield of 0.0527 or PTB Ratio of 3.79. ModivCare financial statements analysis is a perfect complement when working with ModivCare Valuation or Volatility modules.
  
Check out the analysis of ModivCare Correlation against competitors.
For more information on how to buy ModivCare Stock please use our How to Invest in ModivCare guide.

Latest ModivCare's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of ModivCare over the last few years. It is ModivCare's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ModivCare's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Very volatile
   Fixed Asset Turnover   
       Timeline  

ModivCare Fixed Asset Turnover Regression Statistics

Arithmetic Mean31.60
Geometric Mean30.32
Coefficient Of Variation32.06
Mean Deviation7.19
Median32.23
Standard Deviation10.13
Sample Variance102.61
Range39.7844
R-Value(0.05)
Mean Square Error110.25
R-Squared0
Significance0.87
Slope(0.11)
Total Sum of Squares1,436

ModivCare Fixed Asset Turnover History

2024 41.42
2023 21.94
2021 20.52
2020 23.41
2019 34.84
2018 60.31
2017 32.23

About ModivCare Financial Statements

ModivCare investors use historical fundamental indicators, such as ModivCare's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in ModivCare. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 21.94  41.42 

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Additional Tools for ModivCare Stock Analysis

When running ModivCare's price analysis, check to measure ModivCare's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ModivCare is operating at the current time. Most of ModivCare's value examination focuses on studying past and present price action to predict the probability of ModivCare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ModivCare's price. Additionally, you may evaluate how the addition of ModivCare to your portfolios can decrease your overall portfolio volatility.