Modular Medical Financials

MODD Stock  USD 0.94  0.02  2.08%   
Modular Medical is not in a good financial situation at this time. It has a very high probability of going through financial hardship in March. At present, Modular Medical's Total Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 13.9 M, whereas Other Current Liabilities is projected to grow to (101.6 K). Key indicators impacting Modular Medical's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio7.287.66
Notably Down
Very volatile
The financial analysis of Modular Medical is a critical element in measuring its lifeblood. Investors should not minimize Modular Medical's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

(14.94 Million)

  
Please note, the presentation of Modular Medical's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Modular Medical's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Modular Medical's management manipulating its earnings.

Modular Medical Stock Summary

Modular Medical competes with Neuropace, Nexalin Technology, STRATA Skin, IRIDEX, and EnVVeno Medical. Modular Medical, Inc., a development stage medical device company, focuses on the design, development, and commercialization of insulin pumps using technology to enhance pump adoption in the diabetes marketplace. Modular Medical operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 25 people.
Specialization
Health Care, Health Care Equipment & Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS60785L2079
CUSIP60785L207 60785L108
LocationCalifornia; U.S.A
Business Address10740 Thornmint Road,
SectorHealth Care Equipment & Supplies
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitewww.modularmedical.com
Phone(858) 800 3500
CurrencyUSD - US Dollar

Modular Medical Key Financial Ratios

Modular Medical Key Balance Sheet Accounts

202020212022202320242025 (projected)
Retained Earnings(15.9M)(34.6M)(48.5M)(65.9M)(59.3M)(56.4M)
Other Current Liab499.9K524.9K339K(93K)(107.0K)(101.6K)
Total Liab3.5M1.0M2.2M2.3M2.6M2.7M
Total Assets2.2M9.8M7.2M13.8M15.9M16.7M
Net Debt1.3M(8.9M)(2.3M)(8.0M)(7.2M)(6.9M)
Accounts Payable169.3K300.0K285K802K922.3K968.4K
Cash1.5M9.1M3.8M9.2M10.6M11.1M
Total Current Assets1.6M9.4M4.0M9.7M11.2M11.7M
Common Stock6.3K10.5K10.9K32K36.8K38.6K
Other Current Assets180.6K313.4K146.9K318K365.7K384.0K
Net Tangible Assets2.9M(1.3M)8.8M5.1M5.8M4.3M
Net Invested Capital1.2M8.8M5.1M11.5M13.3M13.9M
Net Working Capital(1.6M)8.4M3.1M8.2M9.5M10.0M
Capital Stock18.9K10.5K10.9K32K36.8K19.8K
Short Term Debt2.6M144.9K355K746K671.4K634.5K

Modular Medical Key Income Statement Accounts

202020212022202320242025 (projected)
Operating Income(7.3M)(14.9M)(13.9M)(17.5M)(15.8M)(15.0M)
Ebit(7.3M)(15.0M)(13.9M)(17.5M)(15.8M)(15.0M)
Ebitda(7.2M)(14.8M)(13.5M)(17.1M)(15.4M)(14.6M)
Income Before Tax(7.4M)(18.6M)(13.9M)(17.5M)(15.7M)(14.9M)
Net Income(7.4M)(18.6M)(13.9M)(17.5M)(15.7M)(14.9M)
Interest Expense28.7K39.8K2.8M975K1.1M1.2M
Net Interest Income28.7K(39.7K)(2.8M)(547.3K)(492.6K)(517.2K)
Research Development4.1M7.7M9.1M12.9M14.8M15.6M
Gross Profit(181.8K)(196.9K)(355.4K)(768K)(691.2K)(656.6K)
Cost Of Revenue181.8K196.9K355.4K768K883.2K927.4K

Modular Medical Key Cash Accounts

202020212022202320242025 (projected)
Change In Cash(1.7M)7.6M(5.3M)5.4M6.2M6.6M
Free Cash Flow(6.0M)(10.3M)(12.6M)(15.7M)(14.1M)(13.4M)
Other Non Cash Items121.0K2.9M202.7K49K56.4K34.9K
Capital Expenditures109.7K54.8K1.6M1.7M2.0M2.1M
Net Income(7.4M)(18.6M)(13.9M)(17.5M)(15.7M)(14.9M)
End Period Cash Flow1.5M9.1M3.8M9.2M10.6M11.1M
Investments(109.7K)(54.8K)(1.6M)(1.7M)(1.5M)(1.5M)
Depreciation181.8K117.5K152.4K768K883.2K927.4K
Change To Netincome801.2K1.3M5.3M2.7M3.1M1.9M

Modular Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Modular Medical's current stock value. Our valuation model uses many indicators to compare Modular Medical value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Modular Medical competition to find correlations between indicators driving Modular Medical's intrinsic value. More Info.
Modular Medical is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At present, Modular Medical's Return On Equity is projected to slightly decrease based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Modular Medical by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Modular Medical Systematic Risk

Modular Medical's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Modular Medical volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Modular Medical correlated with the market. If Beta is less than 0 Modular Medical generally moves in the opposite direction as compared to the market. If Modular Medical Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Modular Medical is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Modular Medical is generally in the same direction as the market. If Beta > 1 Modular Medical moves generally in the same direction as, but more than the movement of the benchmark.

Modular Medical Thematic Clasifications

Modular Medical is part of Medical Equipment investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Medical Equipment industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
Medical EquipmentView
This theme covers USA Equities from Medical Equipment industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Modular Medical Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Modular Medical's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Modular Medical growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0561

At present, Modular Medical's Price Earnings To Growth Ratio is projected to increase significantly based on the last few years of reporting.

Modular Medical February 27, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Modular Medical help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Modular Medical. We use our internally-developed statistical techniques to arrive at the intrinsic value of Modular Medical based on widely used predictive technical indicators. In general, we focus on analyzing Modular Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Modular Medical's daily price indicators and compare them against related drivers.

Complementary Tools for Modular Stock analysis

When running Modular Medical's price analysis, check to measure Modular Medical'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 Modular Medical is operating at the current time. Most of Modular Medical's value examination focuses on studying past and present price action to predict the probability of Modular Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Modular Medical's price. Additionally, you may evaluate how the addition of Modular Medical to your portfolios can decrease your overall portfolio volatility.
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Content Syndication
Quickly integrate customizable finance content to your own investment portal