ModivCare Net Tangible Assets from 2010 to 2024

MODV Stock  USD 18.79  0.85  4.74%   
ModivCare Net Tangible Assets yearly trend continues to be fairly stable with very little volatility. Net Tangible Assets are likely to outpace its year average in 2024. Net Tangible Assets is the total assets of ModivCare minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2011-06-30
Previous Quarter
-660.8 M
Current Value
-662.9 M
Quarterly Volatility
406.7 M
 
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 Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of ModivCare over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. ModivCare's Net Tangible Assets 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.
Net Tangible Assets10 Years Trend
Pretty Stable
   Net Tangible Assets   
       Timeline  

ModivCare Net Tangible Assets Regression Statistics

Arithmetic Mean70,099,224
Geometric Mean181,121,192
Coefficient Of Variation555.68
Mean Deviation280,760,251
Median227,028,000
Standard Deviation389,529,269
Sample Variance151733.1T
Range1.5B
R-Value0.23
Mean Square Error154951.7T
R-Squared0.05
Significance0.41
Slope19,810,776
Total Sum of Squares2124262.7T

ModivCare Net Tangible Assets History

2024370.9 M
2023353.2 M
2022307.1 M
2021-1 B
2020411.6 M
2019239.6 M
2018227 M

About ModivCare Financial Statements

ModivCare investors use historical fundamental indicators, such as ModivCare's Net Tangible Assets, 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
Net Tangible Assets353.2 M370.9 M

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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.