ModivCare Inc Asset Resilience Ratio
ModivCare Inc asset resilience ratio. ModivCare Inc (MODV) has an Asset Resilience Ratio of 8.96% as of June 2021. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. Read ModivCare Inc debt and liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of ModivCare Inc (2003–2020)
Asset resilience ratio of ModivCare Inc from 2003 to 2020. This chart shows how ModivCare Inc's Asset Resilience Ratio has changed over time. See ModivCare Inc free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
Liquid Assets Composition Over Time
This chart breaks down ModivCare Inc's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For the complete balance sheet picture, see balance sheet size of ModivCare Inc.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $141.16 Million | 8.96% |
| Total Liquid Assets | $141.16 Million | 8.96% |
Asset Resilience Insights
- Limited Liquidity: ModivCare Inc maintains only 8.96% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
ModivCare Inc Industry Peers by Asset Resilience Ratio
Compare ModivCare Inc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Ramsay Health Care Ltd
AU:RHC |
Medical Care Facilities | 3.49% |
|
Encompass Health Corp
NYSE:EHC |
Medical Care Facilities | 0.51% |
|
Sienna Senior Living Inc
TO:SIA |
Medical Care Facilities | 0.09% |
|
Regis Healthcare Ltd
AU:REG |
Medical Care Facilities | 2.29% |
|
Pacific Smiles Group Ltd
AU:PSQ |
Medical Care Facilities | 10.35% |
|
CareRx Corp
TO:CRRX |
Medical Care Facilities | 5.50% |
|
Oceania Healthcare Ltd
AU:OCA |
Medical Care Facilities | 0.01% |
|
Rede D'Or São Luiz S.A.
SA:RDOR3 |
Medical Care Facilities | 39.18% |
ModivCare Inc Asset Resilience Ratio by Year (2003–2020)
ModivCare Inc asset resilience ratio by year from 2003 to 2020. The table below shows the annual Asset Resilience Ratio data for ModivCare Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2020-12-31 | 9.64% | $137.47 Million | $1.43 Billion | +8.07pp |
| 2017-12-31 | 1.58% | $11.09 Million | $704.09 Million | -0.32pp |
| 2016-12-31 | 1.90% | $13.19 Million | $694.39 Million | +1.52pp |
| 2015-12-31 | 0.38% | $4.01 Million | $1.05 Billion | +0.05pp |
| 2014-12-31 | 0.33% | $3.81 Million | $1.17 Billion | -0.56pp |
| 2013-12-31 | 0.89% | $3.77 Million | $424.76 Million | +0.43pp |
| 2012-12-31 | 0.46% | $1.79 Million | $391.74 Million | -0.77pp |
| 2011-12-31 | 1.23% | $4.65 Million | $379.05 Million | -0.66pp |
| 2010-12-31 | 1.89% | $7.31 Million | $386.93 Million | -0.24pp |
| 2009-12-31 | 2.13% | $8.15 Million | $383.11 Million | -0.01pp |
| 2008-12-31 | 2.13% | $7.80 Million | $365.66 Million | +0.44pp |
| 2007-12-31 | 1.69% | $9.35 Million | $551.98 Million | +0.50pp |
| 2006-12-31 | 1.20% | $2.30 Million | $192.33 Million | -0.44pp |
| 2005-12-31 | 1.64% | $1.95 Million | $119.01 Million | +0.60pp |
| 2004-12-31 | 1.04% | $786.00K | $75.92 Million | -6.42pp |
| 2003-12-31 | 7.45% | $3.97 Million | $53.29 Million | -- |
About ModivCare Inc
ModivCare Inc., a technology-enabled healthcare services company, provides a suite of integrated supportive care solutions for public and private payors and their members in the United States. It operates through four segments: Non-Emergency Medical Transportation, Personal Care Services, Monitoring, and Corporate and Other. The Non-Emergency Medical Transportation segment offers risk underwritin… Read more