ModivCare Inc (MODV) — Defensive Interval Ratio

Latest as of March 2025: 208 days

ModivCare Inc (MODV) has a Defensive Interval Ratio of 208 days as of March 2025. Defensive assets of $381.02 Million (cash $-, short-term investments $-, receivables $381.02 Million) cover 208 days of daily cash needs of $1.83 Million/day. Check tangible equity quality of ModivCare Inc to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

208 days
Days of operational coverage

Defensive Assets

$381.02 Million
Cash + ST Investments + Receivables

Daily Cash Need

$1.83 Million
Current Liabilities ÷ 365

Current Liabilities

$667.65 Million
USD

ModivCare Inc Defensive Interval Ratio (2002–2024)

This chart shows how ModivCare Inc's Defensive Interval Ratio has evolved across 23 annual periods from 2002 to 2024. As of March 2025, the ratio stands at 208 days, meaning defensive assets of $381.02 Million can fund 208 days of operations without new revenue. Also explore MODV net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for ModivCare Inc (2002–2024)

The table below presents the year-by-year Defensive Interval Ratio for ModivCare Inc from 2002 to 2024, covering 23 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see ModivCare Inc market cap and net worth.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2024 209 days $356.84 Million $1.71 Million/day $- $- ▼ -55 days
2023 263 days $375.11 Million $1.43 Million/day $- $- ▲ +43 days
2022 220 days $296.85 Million $1.35 Million/day $- $- ▲ +56 days
2021 165 days $237.86 Million $1.44 Million/day $- $- ▼ -212 days
2020 377 days $335.41 Million $889.73K/day $- $137.47 Million ▼ -70 days
2019 447 days $183.81 Million $411.47K/day $- $- ▲ +57 days
2018 390 days $152.60 Million $391.46K/day $- $- ▲ +180 days
2017 210 days $130.27 Million $621.73K/day $- $11.09 Million ▼ -72 days
2016 281 days $175.31 Million $622.79K/day $- $13.19 Million ▲ +62 days
2015 219 days $177.24 Million $808.96K/day $- $4.01 Million ▲ +45 days
2014 174 days $162.02 Million $930.02K/day $- $3.81 Million ▼ -19 days
2013 193 days $92.09 Million $476.89K/day $- $3.77 Million ▼ -104 days
2012 297 days $107.86 Million $363.37K/day $- $1.79 Million ▼ -57 days
2011 354 days $103.71 Million $292.84K/day $- $4.65 Million ▲ +47 days
2010 307 days $95.67 Million $311.49K/day $- $7.31 Million ▼ -11 days
2009 318 days $102.23 Million $320.97K/day $- $8.15 Million ▼ -54 days
2008 373 days $92.16 Million $247.14K/day $- $7.80 Million ▲ +24 days
2007 349 days $92.44 Million $264.68K/day $- $9.35 Million ▼ -292 days
2006 642 days $50.28 Million $78.35K/day $- $2.30 Million ▼ -41 days
2005 683 days $36.56 Million $53.54K/day $- $1.95 Million ▼ -166 days
2004 849 days $24.63 Million $29.01K/day $- $786.00K ▲ +13 days
2003 836 days $16.75 Million $20.04K/day $- $3.97 Million ▲ +537 days
2002 299 days $7.68 Million $25.71K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)