In terms of working capital, ModivCare Inc. maintains a healthy position.
The total current assets of the company are valued at $399410000.
This represents a growth rate of 15.385% compared to the previous year.
Breaking down the current assets, the cash and investments are worth $2782000, exhibiting a growth rate of -80.749% year-on-year.
The receivables, another significant portion of the current assets, are valued at $375113000.
The year-on-year growth rate for receivables is 27.442%.
This represents a healthy year-on-year growth of -100.000%
On the liabilities side, the company's current liabilities total $520402000.
This reflects a growth rate of 5.859% over the previous year, indicating the company's financial obligations are well under control.
2023
2022
2021
2020
2019
2018
Cash and investments
2.78
14.45
133.14
183.28
61.37
5.68
Receavebles
375.11
294.34
233.12
197.94
180.42
147.76
Inventory
0.00
2.04
1.46
0.76
0.15
7.05
Other
21.52
37.36
43.57
44.63
14.49
50.49
Total Current Assets
399.41
346.15
409.83
426.62
256.43
210.98
Acc Payable
55.24
54.96
8.69
8.46
9.80
8.83
Short Term Debt
122.53
9.64
9.87
8.32
7.04
0.72
Other Current Liab
340.00
424.80
504.44
203.34
117.41
123.02
Current Liabilities
520.40
491.60
527.23
324.75
150.19
142.88
Capital Structure
When examining the capital structure of ModivCare Inc., it is clear that the company manages a robust portfolio.
These earnings represent the profits that ModivCare Inc. has chosen to reinvest in the business rather than distribute as dividends.
