ModivCare Inc (MODV) — Cash Flow Quality Index
Latest as of June 2022:
-5.37x
ModivCare Inc (MODV) has a Cash Flow Quality Index of -5.37x as of June 2022. Operating cash flow of $-17.86 Million is below net income of $3.33 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore how well can ModivCare Inc service its debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
-5.37x
Operating CF / Net Income
Operating Cash Flow
$-17.86 Million
USD
Net Income
$3.33 Million
USD
Data as of
Jun 2022
Most recent filing
ModivCare Inc Cash Flow Quality Index (2003–2020)
Historical Cash Flow Quality Index for ModivCare Inc across 16 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see ModivCare Inc (MODV) cash conversion ratio.
Annual Cash Flow Quality Index for ModivCare Inc (2003–2020)
Year-by-year earnings quality comparison for ModivCare Inc.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2020 | 3.92x | $348.44 Million | $88.84 Million | ▼ -93.8% |
| 2019 | 63.08x | $60.94 Million | $966.00K | ▲ +6068.2% |
| 2017 | 1.02x | $55.04 Million | $53.82 Million | ▲ +121.5% |
| 2016 | 0.46x | $41.48 Million | $89.85 Million | ▲ +190.1% |
| 2015 | 0.16x | $13.24 Million | $83.19 Million | ▼ -94.2% |
| 2014 | 2.72x | $55.20 Million | $20.27 Million | ▼ -4.2% |
| 2013 | 2.84x | $55.24 Million | $19.44 Million | ▼ -43.3% |
| 2012 | 5.01x | $42.49 Million | $8.48 Million | ▲ +173.4% |
| 2011 | 1.83x | $31.04 Million | $16.94 Million | ▼ -1.7% |
| 2010 | 1.86x | $44.02 Million | $23.63 Million | ▼ -35.6% |
| 2009 | 2.89x | $61.10 Million | $21.13 Million | ▲ +128.6% |
| 2007 | 1.27x | $18.20 Million | $14.39 Million | ▲ +74.5% |
| 2006 | 0.72x | $6.80 Million | $9.38 Million | ▼ -19.2% |
| 2005 | 0.90x | $8.45 Million | $9.43 Million | ▲ +322.8% |
| 2004 | 0.21x | $1.50 Million | $7.09 Million | ▲ +119.8% |
| 2003 | 0.10x | $255.48K | $2.65 Million | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.