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. See working capital position of ModivCare Inc to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2003–2020)
This chart shows how ModivCare Inc's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see ModivCare Inc total assets.
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. Explore ModivCare Inc long-term investment intensity to see how much of total assets are deployed in long-term investments.
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% |
|
Surgery Partners Inc
NASDAQ:SGRY |
Medical Care Facilities | 0.06% |
|
Chularat Hospital Public Company Limited
BK:CHG |
Medical Care Facilities | 1.18% |
|
Sarana Meditama Metropolitan
JK:SAME |
Medical Care Facilities | 0.00% |
|
Principal Capital Public Company Limited
BK:PRINC |
Medical Care Facilities | 1.23% |
|
Bait Bakfar Ltd
TA:BKFR |
Medical Care Facilities | 8.67% |
|
Regis Healthcare Ltd
AU:REG |
Medical Care Facilities | 2.29% |
|
Oceania Healthcare Ltd
AU:OCA |
Medical Care Facilities | 0.01% |
Annual Asset Resilience Ratio for ModivCare Inc (2003–2020)
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