ModivCare Good Will from 2010 to 2024

MODV Stock  USD 18.79  0.85  4.74%   
ModivCare Good Will yearly trend continues to be fairly stable with very little volatility. Good Will will likely drop to about 746.3 M in 2024. Good Will is an intangible asset that arises when ModivCare acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. View All Fundamentals
 
Good Will  
First Reported
2001-06-30
Previous Quarter
680.3 M
Current Value
680.3 M
Quarterly Volatility
5.3 B
 
Housing Crash
 
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 Good Will Growth Pattern

Below is the plot of the Good Will of ModivCare over the last few years. It is an intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. ModivCare's Good Will 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.
Good Will10 Years Trend
Slightly volatile
   Good Will   
       Timeline  

ModivCare Good Will Regression Statistics

Arithmetic Mean364,600,353
Geometric Mean194,390,671
Coefficient Of Variation90.74
Mean Deviation272,959,538
Median168,748,000
Standard Deviation330,820,715
Sample Variance109442.3T
Range967.3M
R-Value0.80
Mean Square Error42251.5T
R-Squared0.64
Significance0.0003
Slope59,248,961
Total Sum of Squares1532192.8T

ModivCare Good Will History

2024746.3 M
2023785.6 M
2022968.7 M
2021924.8 M
2020444.9 M
2018135.2 M
2017121.7 M

About ModivCare Financial Statements

ModivCare investors use historical fundamental indicators, such as ModivCare's Good Will, 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
Good Will785.6 M746.3 M

Thematic Opportunities

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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.