Debt to Equity Ratio Analysis of ModivCare Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Debt to Equity
Period Ending - Dec-23
Very Poor Debt to Equity
7.08
Period Ending - Dec-22
Poor Debt to Equity
2.79
Growth
153.91 %
Most recent Quarter Debt to Equity
Period Ending - Mar-24
Very Poor Debt to Equity
8.20
Debt to Equity Analysis of ModivCare Inc
| Debt to Equity Ratio of ModivCare Inc with value of 7.08 indicates to run a business company uses higher amount of long-term debt. |
| Debt to Equity Ratio of MODV rose handsomely by 153.91 % this year. |
| Debt to Equity Ratio of MODV trending up for at least three Years. |
| Debt to Equity Ratio with value of 0.0179 was lowest in Year Dec-19 in last Five Years. |
| Latest Debt to Equity Ratio with value of 7.08 is Greater than Average Debt to Equity of 2.75 in last five years. |
Other Debt to Equity Related Info of MODV that may interest you.
ModivCare Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| MODV | 27.32 | 28.36 | 3.67 % | Medical Care Facilities |
Defination of Debt to Equity Ratio
Debt to Equity Ratio shows the relationship between the company's total debt and total shareholders fund. And it indicates the ability of a company's shareholders' equity to pay its debt obligations in a tough time. more ..
Debt to Equity Related Ratios
| ShortTermDebtToEquityRatio | DividendCoverageRatio | CurrentRatio |
Tsr Stability Index
| Poor Stability Stock | |
FY - Historical Debt to Equity Ratio of ModivCare Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Debt to Equity | 7.08 | 2.79 | 2.64 | 1.20 | 0.0179 | 0.0028 | 0.0072 |
| Change | 153.91 % | 5.69 % | 119.76 % | 6592.21 % | 550.75 % | -61.58 % | -24.93 % |
FY Chart of Debt to Equity Ratio of ModivCare Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)