Modivcare Inc Financials
Modivcare Inc (MODV) reported $2.8B in revenue for fiscal year 2024, up 1.3% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
An eroding equity cushion and shrinking margins are tightening a business whose cash drain is now much smaller.
From FY2022 to FY2024, long-term debt stayed near$980M . Yet equity fell from$355M to-$38M , so leverage worsened because the cushion disappeared, not because borrowing surged.
FY2024’s earnings quality looked better than the bottom line suggests: net loss was
Revenue growth did not repair economics: gross margin slipped from
Financial Health Signals
Scored against operating companies for FY2024. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Modivcare Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Modivcare Inc has an operating margin of -3.3%, meaning the company loses $3 on every $100 of revenue. This results in a profitability score of 24/100. This is up from -5.1% the prior year.
Modivcare Inc's revenue grew a modest 1.3% year-over-year to $2.8B. This slow but positive growth earns a score of 52/100.
Modivcare Inc's current ratio of 0.79 is below the typical benchmark, resulting in a score of 12/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Modivcare Inc's operations used $6.4M of cash, and capex of $27.6M added to the outflow, for a free cash flow shortfall of $34.0M. This results in a cash flow score of 24/100.
Modivcare Inc scores 1.22, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Modivcare Inc passes 3 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
Modivcare Inc reported a net loss of $201.3M while operations used $6.4M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Modivcare Inc generated $2.8B in revenue in fiscal year 2024. This represents an increase of 1.3% from the prior year.
Modivcare Inc's EBITDA was $16.7M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 146.7% from the prior year.
Modivcare Inc reported -$201.3M in net income in fiscal year 2024. This represents an increase of 1.6% from the prior year.
Modivcare Inc earned -$14.14 per diluted share (EPS) in fiscal year 2024. This represents an increase of 2.0% from the prior year.
Cash & Balance Sheet
Modivcare Inc recorded an outflow of $34.0M in free cash flow in fiscal year 2024, representing a cash shortfall after capex. This represents an increase of 72.8% from the prior year.
Modivcare Inc held $112.6M in cash against $986.4M in long-term debt as of fiscal year 2024.
Not reported for fiscal year 2024.
Margins & Returns
Modivcare Inc's gross margin was 15.1% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 1.2 percentage points from the prior year.
Modivcare Inc's operating margin was -3.3% in fiscal year 2024, reflecting core business profitability. This is up 1.8 percentage points from the prior year.
Modivcare Inc's net profit margin was -7.2% in fiscal year 2024, showing the share of revenue converted to profit. This is up 0.2 percentage points from the prior year.
Not reported for fiscal year 2024.
Capital Allocation
Modivcare Inc invested $27.6M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 34.7% from the prior year.
Not reported for fiscal year 2024.
Not reported for fiscal year 2024.
MODV Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 | FY10 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.7B | $2.8B+1.3% | $2.8B+9.9% | $2.5B+25.4% | $2.0B+45.9% | $1.4B-9.4% | $1.5B+9.0% | $1.4B-14.7% | $1.6B+2.9% | $1.6B+6.8% | $1.5B+35.2% | $1.1B+36.8% | $798.8M-27.8% | $1.1B+17.3% | $943.0M+7.2% | $879.7M |
| Cost of Revenue | $2.3B | $2.4B+2.7% | $2.3B+13.4% | $2.0B+28.3% | $1.6B+46.9% | $1.1B-23.0% | $1.4B+11.8% | $1.3B+4.7% | $1.2B+5.8% | $1.1B | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | $387.3M | $420.4M-5.9% | $447.0M-5.4% | $472.3M+14.5% | $412.6M+42.3% | $289.9M+166.5% | $108.8M-17.2% | $131.4M-69.2% | $426.7M-4.4% | $446.3M | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $307.8M | $298.4M-2.0% | $304.6M-5.5% | $322.2M+18.6% | $271.7M+91.8% | $141.7M+110.7% | $67.2M-12.8% | $77.1M+10.3% | $69.9M+76.9% | $39.5M-44.3% | $71.0M+61.0% | $44.1M+72.3% | $25.6M-52.1% | $53.4M+9.3% | $48.9M+5.2% | $46.5M |
| Operating Income | -$280.7M | -$92.8M+33.7% | -$139.9M-345.2% | $57.1M-36.1% | $89.4M-26.8% | $122.0M+393.5% | $24.7M+1.9% | $24.3M-35.2% | $37.5M-22.2% | $48.2M+2472.5% | $1.9M-95.6% | $43.0M+58.2% | $27.2M+12.3% | $24.2M-33.9% | $36.6M-36.1% | $57.3M |
| Interest Expense | N/A | N/A | -$69.1M-11.6% | -$62.0M-26.2% | -$49.1M-178.9% | -$17.6M-1970.5% | -$850K+52.3% | -$1.8M-48.1% | -$1.2M+20.5% | -$1.5M+18.2% | -$1.9M+81.9% | -$10.2M-245.3% | $7.0M-7.9% | $7.6M-25.1% | $10.2M-37.3% | $16.3M |
| Income Tax | -$7.3M | -$5.5M-27.5% | -$4.3M-42.3% | -$3.0M-135.2% | $8.6M-60.9% | $22.0M+220.9% | $6.9M+46.5% | $4.7M+17.0% | $4.0M-77.7% | $18.0M+23.2% | $14.6M+75.9% | $8.3M+25.1% | $6.6M-19.3% | $8.2M-17.4% | $9.9M-43.7% | $17.7M |
| Net Income | -$450.7M | -$201.3M+1.6% | -$204.5M-542.8% | -$31.8M-383.0% | -$6.6M-107.4% | $88.8M+9096.3% | $966K+105.1% | -$19.0M-135.6% | $53.4M-41.9% | $91.9M+9.8% | $83.7M+312.8% | $20.3M+4.3% | $19.4M+129.2% | $8.5M-49.9% | $16.9M-28.3% | $23.6M |
| EPS (Diluted) | — | -$14.14+2.0% | -$14.43-538.5% | -$2.26-380.9% | -$0.47 | $2.37+1011.5% | -$0.26+86.6% | -$1.94 | $3.12-40.1% | $5.21+22.3% | $4.26+215.6% | $1.35-4.3% | $1.41+120.3% | $0.64-49.6% | $1.27-28.7% | $1.78 |
Not reported in any period shown, so not listed: R&D Expenses.
TTM is the trailing twelve months, Q4 FY2024 through Q3 FY2025, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
MODV Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 | FY10 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.7B-6.4% | $1.8B-9.1% | $1.9B-4.1% | $2.0B+42.2% | $1.4B+138.7% | $597.4M+4.9% | $569.6M-19.1% | $704.1M+2.7% | $685.3M-34.7% | $1.1B-10.2% | $1.2B+175.2% | $424.8M+8.4% | $391.7M+3.3% | $379.1M-2.0% | $386.9M |
| Current Assets | $495.4M+22.3% | $404.9M+17.0% | $346.2M-15.5% | $409.8M-2.3% | $419.5M+63.6% | $256.4M+21.5% | $211.0M-28.8% | $296.3M+2.9% | $288.1M-9.9% | $319.7M-14.7% | $374.6M+77.0% | $211.7M+20.1% | $176.2M+11.5% | $158.1M-7.9% | $171.6M |
| Cash & Equivalents | $112.6M+4978.1% | $2.2M-84.7% | $14.5M-89.1% | $133.1M-27.4% | $183.3M+198.7% | $61.4M+980.8% | $5.7M-89.2% | $52.8M-26.9% | $72.3M-9.4% | $79.8M-41.0% | $135.3M+36.6% | $99.0M+77.2% | $55.9M+29.4% | $43.2M-29.5% | $61.3M |
| Inventory | N/A | N/A | $2.0M+40.0% | $1.5M | $0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $222.3M-0.1% | $222.5M-0.3% | $223.2M-4.3% | $233.1M+17.8% | $197.9M+9.7% | $180.4M+22.1% | $147.8M+34.1% | $110.2M-32.0% | $162.1M+3.3% | $156.9M+45.9% | $107.6M+21.8% | $88.3M-10.5% | $98.6M+13.2% | $87.2M+14.5% | $76.1M |
| Goodwill | $680.3M-13.4% | $785.6M-18.9% | $968.7M+4.7% | $924.8M+107.9% | $444.9M+229.0% | $135.2M0.0% | $135.2M+42.0% | $95.2M-20.4% | $119.6M-8.0% | $130.0M-1.4% | $131.8M+33.0% | $99.1M-13.0% | $113.9M+0.2% | $113.7M0.0% | $113.8M |
| Total Liabilities | $1.7B+5.1% | $1.6B+1.3% | $1.6B-3.9% | $1.7B+63.1% | $1.0B+400.5% | $202.7M+11.8% | $181.3M-37.6% | $290.5M-6.3% | $310.0M-54.6% | $682.5M-28.0% | $947.5M+245.7% | $274.1M+0.4% | $273.1M+1.1% | $270.0M-9.4% | $298.2M |
| Current Liabilities | $624.5M+20.0% | $520.4M+5.9% | $491.6M-6.8% | $527.2M+66.0% | $317.7M+111.5% | $150.2M+5.1% | $142.9M-37.0% | $226.9M-0.4% | $227.8M-22.9% | $295.3M-13.0% | $339.5M+95.0% | $174.1M+31.2% | $132.6M+24.1% | $106.9M-6.0% | $113.7M |
| Long-Term Debt | $986.4M+0.3% | $983.8M+0.4% | $979.4M+0.4% | $975.2M+100.7% | $486.0M | $0-100.0% | $353K-39.6% | $584K-69.1% | $1.9M-99.3% | $268.7M-44.5% | $484.5M+543.9% | $75.3M-35.1% | $116.0M-17.4% | $140.5M-14.4% | $164.2M |
| Total Equity | -$38.5M-124.6% | $156.2M-55.9% | $354.6M-5.0% | $373.3M-9.3% | $411.6M+29.6% | $317.6M+2.1% | $311.0M-8.0% | $338.2M+12.7% | $300.1M+3.3% | $290.6M+31.3% | $221.4M+54.1% | $143.7M+28.6% | $111.7M+9.5% | $102.1M+24.8% | $81.8M |
| Retained Earnings | -$225.7M-823.7% | -$24.4M-113.6% | $180.0M-15.0% | $211.8M-3.0% | $218.4M+18.9% | $183.7M-1.8% | $187.1M-8.6% | $204.8M+30.7% | $156.7M+126.4% | $69.2M+617.8% | -$13.4M+60.3% | -$33.6M+36.6% | -$53.1M+13.8% | -$61.6M+21.6% | -$78.5M |
MODV Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 | FY10 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$124.7M | -$6.4M+92.3% | -$83.0M-694.6% | -$10.4M-105.6% | $186.8M-46.4% | $348.4M+471.8% | $60.9M+671.5% | $7.9M-85.6% | $55.0M+31.8% | $41.8M+159.5% | $16.1M-70.8% | $55.2M-0.1% | $55.2M+30.0% | $42.5M+36.9% | $31.0M-29.5% | $44.0M |
| Capital Expenditures | $22.2M | $27.6M-34.7% | $42.3M+28.1% | $33.0M+54.8% | $21.3M+75.4% | $12.2M+11.9% | $10.9M-38.0% | $17.5M-12.1% | $19.9M-51.7% | $41.2M+17.5% | $35.1M+50.9% | $23.2M+128.2% | $10.2M+6.9% | $9.5M-15.8% | $11.3M+10.1% | $10.3M |
| Free Cash Flow | -$147.0M | -$34.0M+72.8% | -$125.3M-188.3% | -$43.4M-126.2% | $165.5M-50.8% | $336.3M+571.5% | $50.1M+620.5% | -$9.6M-127.4% | $35.1M+6297.3% | $549K+102.9% | -$19.0M-159.4% | $32.0M-29.1% | $45.1M+36.7% | $33.0M+67.1% | $19.7M-41.6% | $33.8M |
| Investing Cash Flow | -$22.2M | -$27.6M+34.7% | -$42.3M+62.2% | -$111.8M+83.7% | -$685.6M-8.0% | -$635.0M-5748.3% | -$10.9M+76.0% | -$45.3M-545.6% | -$7.0M-102.2% | $318.0M+121.9% | $143.3M+132.3% | -$443.4M-3102.7% | -$13.8M-108.6% | -$6.6M+54.6% | -$14.6M-15.2% | -$12.7M |
| Financing Cash Flow | $189.8M | $144.4M+27.7% | $113.1M+2869.2% | $3.8M-99.2% | $448.9M+9.9% | $408.3M+52710.8% | -$776K+98.5% | -$51.6M-52.6% | -$33.8M+91.0% | -$376.8M-61.0% | -$234.1M-151.7% | $453.1M+21991.5% | $2.1M+108.8% | -$23.2M+32.7% | -$34.5M-60.7% | -$21.4M |
| Share Buybacks | N/A | N/A | $0 | $0-100.0% | $40.0M+292.6% | $10.2M+49.9% | $6.8M-87.9% | $56.1M+91.0% | $29.4M-58.3% | $70.4M+91.0% | $36.8M+6930.2% | $524K-4.2% | $547K-85.0% | $3.7M+7072.5% | $51K | $0 |
Not reported in any period shown, so not listed: Dividends Paid.
TTM is the trailing twelve months, Q4 FY2024 through Q3 FY2025, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
MODV Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 | FY10 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 15.1%-1.2pp | 16.3%-2.6pp | 18.9%-1.8pp | 20.7%-0.5pp | 21.2%+14.0pp | 7.2%-2.3pp | 9.5%-16.8pp | 26.3%-2.0pp | 28.3% | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | -3.3%+1.8pp | -5.1%-7.4pp | 2.3%-2.2pp | 4.5%-4.4pp | 8.9%+7.3pp | 1.6%-0.1pp | 1.8%-0.6pp | 2.3%-0.7pp | 3.0%+2.9pp | 0.1%-3.8pp | 3.9%+0.5pp | 3.4%+1.2pp | 2.2%-1.7pp | 3.9%-2.6pp | 6.5% |
| Net Margin | -7.2%+0.2pp | -7.4%-6.2pp | -1.3%-0.9pp | -0.3%-6.8pp | 6.5%+6.4pp | 0.1%+1.4pp | -1.4%-4.7pp | 3.3%-2.5pp | 5.8%+0.2pp | 5.7%+3.8pp | 1.9%-0.6pp | 2.4%+1.7pp | 0.8%-1.0pp | 1.8%-0.9pp | 2.7% |
| Return on Equity | N/A | -130.9%-121.9pp | -9.0%-7.2pp | -1.8%-23.3pp | 21.6%+21.3pp | 0.3%+6.4pp | -6.1%-21.9pp | 15.8%-14.9pp | 30.6%+1.8pp | 28.8%+19.6pp | 9.2%-4.4pp | 13.5%+5.9pp | 7.6%-9.0pp | 16.6%-12.3pp | 28.9% |
| Return on Assets | -12.2%-0.6pp | -11.6%-9.9pp | -1.6%-1.3pp | -0.3%-6.6pp | 6.2%+6.1pp | 0.2%+3.5pp | -3.3%-10.9pp | 7.6%-5.8pp | 13.4%+5.4pp | 8.0%+6.2pp | 1.7%-2.9pp | 4.6%+2.4pp | 2.2%-2.3pp | 4.5%-1.6pp | 6.1% |
| Current Ratio | 0.790.0x | 0.78+0.1x | 0.70-0.1x | 0.78-0.5x | 1.32-0.4x | 1.71+0.2x | 1.48+0.2x | 1.310.0x | 1.26+0.2x | 1.080.0x | 1.10-0.1x | 1.22-0.1x | 1.33-0.2x | 1.480.0x | 1.51 |
| Debt-to-Equity | N/A | 6.30+3.5x | 2.76+0.1x | 2.61+1.4x | 1.18+1.2x | 0.000.0x | 0.000.0x | 0.000.0x | 0.01-0.9x | 0.92-1.3x | 2.19+1.7x | 0.52-0.5x | 1.04-0.3x | 1.38-0.6x | 2.01 |
| FCF Margin | -1.2%+3.3pp | -4.5%-2.8pp | -1.7%-10.0pp | 8.3%-16.3pp | 24.6%+21.3pp | 3.3%+4.0pp | -0.7%-2.9pp | 2.2%+2.1pp | 0.0%+1.3pp | -1.3%-4.2pp | 2.9%-2.7pp | 5.6%+2.7pp | 3.0%+0.9pp | 2.1%-1.7pp | 3.8% |
Note: Shareholder equity is negative (-$38.5M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.79), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Where Modivcare Inc Ranks
Frequently Asked Questions
What is Modivcare Inc's annual revenue?
Modivcare Inc (MODV) reported $2.8B in total revenue for fiscal year 2024. This represents a 1.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Modivcare Inc's revenue growing?
Modivcare Inc (MODV) revenue grew by 1.3% year-over-year, from $2.8B to $2.8B in fiscal year 2024.
Is Modivcare Inc profitable?
No, Modivcare Inc (MODV) reported a net income of -$201.3M in fiscal year 2024, with a net profit margin of -7.2%.
What is Modivcare Inc's EBITDA?
Modivcare Inc (MODV) had EBITDA of $16.7M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Modivcare Inc have?
As of fiscal year 2024, Modivcare Inc (MODV) had $112.6M in cash and equivalents against $986.4M in long-term debt.
What is Modivcare Inc's gross margin?
Modivcare Inc (MODV) had a gross margin of 15.1% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Modivcare Inc's operating margin?
Modivcare Inc (MODV) had an operating margin of -3.3% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Modivcare Inc's net profit margin?
Modivcare Inc (MODV) had a net profit margin of -7.2% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Modivcare Inc's free cash flow?
Modivcare Inc (MODV) recorded an outflow of $34.0M in free cash flow during fiscal year 2024. This represents a 72.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Modivcare Inc's operating cash flow?
Modivcare Inc (MODV) recorded an outflow of $6.4M in operating cash flow during fiscal year 2024, representing cash used by core business activities.
What are Modivcare Inc's total assets?
Modivcare Inc (MODV) had $1.7B in total assets as of fiscal year 2024, including both current and long-term assets.
What are Modivcare Inc's capital expenditures?
Modivcare Inc (MODV) invested $27.6M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
What is Modivcare Inc's current ratio?
Modivcare Inc (MODV) had a current ratio of 0.79 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is Modivcare Inc's return on assets (ROA)?
Modivcare Inc (MODV) had a return on assets of -12.2% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Modivcare Inc's cash runway?
Based on fiscal year 2024 data, Modivcare Inc (MODV) had $112.6M in cash against an annual operating cash burn of $6.4M. This gives an estimated cash runway of approximately 211 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
Why is Modivcare Inc's debt-to-equity ratio negative or not reported?
Modivcare Inc (MODV) has negative shareholder equity of -$38.5M as of fiscal year 2024, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is Modivcare Inc's Altman Z-Score?
Modivcare Inc (MODV) has an Altman Z-Score of 1.22, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Modivcare Inc's Piotroski F-Score?
Modivcare Inc (MODV) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Modivcare Inc's earnings high quality?
Modivcare Inc (MODV) reported a net loss of $201.3M while operations used $6.4M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Modivcare Inc?
Modivcare Inc (MODV) scores 22 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.