ModivCare Interest Expense from 2010 to 2024

MODV Stock  USD 17.76  0.03  0.17%   
ModivCare Interest Expense yearly trend continues to be fairly stable with very little volatility. Interest Expense is likely to outpace its year average in 2024. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2000-09-30
Previous Quarter
19.9 M
Current Value
28.5 M
Quarterly Volatility
6.1 M
 
Dot-com Bubble
 
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 Interest Expense Growth Pattern

Below is the plot of the Interest Expense of ModivCare over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. ModivCare's Interest Expense 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.
Interest Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

ModivCare Interest Expense Regression Statistics

Arithmetic Mean22,101,669
Geometric Mean0.00
Coefficient Of Variation120.75
Mean Deviation21,910,843
Median10,206,032
Standard Deviation26,688,032
Sample Variance712.3T
Range72.6M
R-Value0.77
Mean Square Error317.1T
R-Squared0.59
Significance0.0009
Slope4,570,628
Total Sum of Squares9971.5T

ModivCare Interest Expense History

202472.6 M
202369.1 M
202262 M
202149.1 M
202017.6 M
2019850 K
20181.8 M

About ModivCare Financial Statements

ModivCare investors use historical fundamental indicators, such as ModivCare's Interest Expense, 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
Interest Expense69.1 M72.6 M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

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.