ModivCare Current Deferred Revenue from 2010 to 2024

MODV Stock  USD 17.76  0.03  0.17%   
ModivCare Current Deferred Revenue yearly trend continues to be fairly stable with very little volatility. Current Deferred Revenue will likely drop to about 2.5 M in 2024. Current Deferred Revenue is revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends. View All Fundamentals
 
Current Deferred Revenue  
First Reported
2004-09-30
Previous Quarter
563 K
Current Value
11.1 M
Quarterly Volatility
19 M
 
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 Current Deferred Revenue Growth Pattern

Below is the plot of the Current Deferred Revenue of ModivCare over the last few years. It is revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends. ModivCare's Current Deferred Revenue 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.
Current Deferred Revenue10 Years Trend
Pretty Stable
   Current Deferred Revenue   
       Timeline  

ModivCare Current Deferred Revenue Regression Statistics

Arithmetic Mean18,987,932
Geometric Mean8,022,870
Coefficient Of Variation147.43
Mean Deviation19,324,036
Median7,055,000
Standard Deviation27,993,594
Sample Variance783.6T
Range103.7M
R-Value0.11
Mean Square Error832.9T
R-Squared0.01
Significance0.68
Slope716,546
Total Sum of Squares10971T

ModivCare Current Deferred Revenue History

20242.5 M
20232.6 M
20222.2 M
20214.2 M
2020104.6 M
201915.9 M
201810.3 M

About ModivCare Financial Statements

ModivCare investors use historical fundamental indicators, such as ModivCare's Current Deferred Revenue, 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
Current Deferred Revenue2.6 M2.5 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.