ModivCare Debt To Equity from 2010 to 2024

MODV Stock  USD 17.76  0.03  0.17%   
ModivCare Debt To Equity yearly trend continues to be fairly stable with very little volatility. Debt To Equity is likely to outpace its year average in 2024. Debt To Equity is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. View All Fundamentals
 
Debt To Equity  
First Reported
2010-12-31
Previous Quarter
7.08271071
Current Value
7.44
Quarterly Volatility
2.3562964
 
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 Debt To Equity Growth Pattern

Below is the plot of the Debt To Equity of ModivCare over the last few years. It is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. ModivCare's Debt To Equity 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.
ViewLast Reported 2.88 %10 Years Trend
Slightly volatile
   Debt To Equity   
       Timeline  

ModivCare Debt To Equity Regression Statistics

Arithmetic Mean2.06
Geometric Mean0.47
Coefficient Of Variation114.17
Mean Deviation1.74
Median1.18
Standard Deviation2.36
Sample Variance5.55
Range7.4372
R-Value0.51
Mean Square Error4.44
R-Squared0.26
Significance0.05
Slope0.27
Total Sum of Squares77.73

ModivCare Debt To Equity History

2024 7.44
2023 7.08
2022 2.79
2021 2.64
2020 1.18
2019 0.0178
2018 0.002758

About ModivCare Financial Statements

ModivCare investors use historical fundamental indicators, such as ModivCare's Debt To Equity, 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
Debt To Equity 7.08  7.44 

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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.