ModivCare Inc (MODV) — Working Capital to Net Assets Ratio
ModivCare Inc (MODV) has a Working Capital to Net Assets ratio of 153.2% as of March 2025. Working capital of $-134.22 Million (current assets of $533.43 Million minus current liabilities of $667.65 Million) is measured against net assets of $-87.63 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how leveraged is ModivCare Inc's balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
ModivCare Inc Working Capital to Net Assets (2002–2024)
This chart shows how ModivCare Inc's Working Capital to Net Assets ratio has evolved across 23 annual periods from 2002 to 2024. As of March 2025, the ratio stands at 153.2%, reflecting working capital of $-134.22 Million against net assets of $-87.63 Million USD. Check tangible net worth ratio of ModivCare Inc to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for ModivCare Inc (2002–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for ModivCare Inc from 2002 to 2024, covering 23 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see MODV stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 335.6% | $-129.12 Million | $-38.47 Million | $495.38 Million | $624.49 Million | ▲ +409.5 pp |
| 2023 | -73.9% | $-115.48 Million | $156.19 Million | $404.92 Million | $520.40 Million | ▼ -32.9 pp |
| 2022 | -41.0% | $-145.44 Million | $354.56 Million | $346.15 Million | $491.60 Million | ▼ -9.6 pp |
| 2021 | -31.5% | $-117.40 Million | $373.27 Million | $409.83 Million | $527.23 Million | ▼ -56.2 pp |
| 2020 | 24.7% | $101.86 Million | $411.61 Million | $426.62 Million | $324.75 Million | ▼ -2.2 pp |
| 2019 | 26.9% | $106.24 Million | $394.71 Million | $256.43 Million | $150.19 Million | ▲ +9.4 pp |
| 2018 | 17.5% | $68.10 Million | $388.39 Million | $210.98 Million | $142.88 Million | ▲ +0.8 pp |
| 2017 | 16.8% | $69.40 Million | $413.56 Million | $296.33 Million | $226.93 Million | ▼ -1.2 pp |
| 2016 | 18.0% | $67.59 Million | $375.24 Million | $294.91 Million | $227.32 Million | ▲ +11.4 pp |
| 2015 | 6.6% | $24.45 Million | $367.71 Million | $319.72 Million | $295.27 Million | ▼ -9.2 pp |
| 2014 | 15.9% | $35.19 Million | $221.41 Million | $374.65 Million | $339.46 Million | ▼ -9.1 pp |
| 2013 | 25.0% | $37.61 Million | $150.64 Million | $211.67 Million | $174.06 Million | ▼ -11.7 pp |
| 2012 | 36.7% | $43.57 Million | $118.69 Million | $176.20 Million | $132.63 Million | ▼ -10.3 pp |
| 2011 | 47.0% | $51.21 Million | $109.02 Million | $158.09 Million | $106.89 Million | ▼ -18.2 pp |
| 2010 | 65.2% | $57.88 Million | $88.75 Million | $171.57 Million | $113.69 Million | ▼ -15.4 pp |
| 2009 | 80.6% | $50.22 Million | $62.34 Million | $167.38 Million | $117.15 Million | ▼ -55.2 pp |
| 2008 | 135.8% | $51.46 Million | $37.89 Million | $141.66 Million | $90.21 Million | ▲ +111.7 pp |
| 2007 | 24.1% | $45.35 Million | $188.31 Million | $141.96 Million | $96.61 Million | ▼ -18.1 pp |
| 2006 | 42.2% | $67.13 Million | $159.06 Million | $95.73 Million | $28.60 Million | ▲ +4.8 pp |
| 2005 | 37.5% | $30.43 Million | $81.25 Million | $49.97 Million | $19.54 Million | ▼ -5.8 pp |
| 2004 | 43.2% | $27.92 Million | $64.60 Million | $38.51 Million | $10.59 Million | ▼ -16.2 pp |
| 2003 | 59.5% | $26.00 Million | $43.73 Million | $33.32 Million | $7.32 Million | ▲ +63.7 pp |
| 2002 | -4.2% | $195.01K | $-4.64 Million | $9.58 Million | $9.38 Million | — |