What is the Return on Assets (ROA) of ModivCare this year?
The Return on Assets (ROA) of ModivCare is -0.12 undefined this year.
ModivCare ROA 2024
ModivCare ROA
-0.12
Ticker
MODV
ISIN
US60783X1046
WKN
A2QL23
In 2024, ModivCare's return on assets (ROA) was -0.12, a 607.36% increase from the -0.02 ROA in the previous year.
ModivCare Aktienanalyse
What does ModivCare do?
ModivCare ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding ModivCare's Return on Assets (ROA)
ModivCare's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.
Year-to-Year Comparison
Comparing ModivCare's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.
Impact on Investments
Investors consider ModivCare's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.
Interpreting ROA Fluctuations
Variations in ModivCare’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.
Frequently Asked Questions about ModivCare stock
What was the ROA of ModivCare compared to the previous year?
The ROA of ModivCare has increased by 607.36% compared to the previous year.
What consequences do high ROA have for investors of ModivCare?
A high ROA is advantageous for investors of ModivCare, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in ModivCare?
A low ROA can be unfavorable for investors of ModivCare as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.
How does an increase in the ROA of ModivCare affect the company?
An increase in ROA of ModivCare can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of ModivCare impact the company?
A reduction in the ROA of ModivCare can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of ModivCare?
Some factors that can influence the ROA of ModivCare include revenue, operating costs, asset structure, and industry average.
Why is the ROA of ModivCare important for investors?
The ROA of ModivCare is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.
What strategic measures can ModivCare take to improve ROA?
To improve ROA, ModivCare can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.
How much dividend does ModivCare pay?
Over the past 12 months, ModivCare paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, ModivCare is expected to pay a dividend of 0 USD.
What is the dividend yield of ModivCare?
The current dividend yield of ModivCare is .
When does ModivCare pay dividends?
ModivCare pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of ModivCare?
ModivCare paid dividends every year for the past 0 years.
What is the dividend of ModivCare?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is ModivCare located?
ModivCare is assigned to the 'Health' sector.
Wann musste ich die Aktien von ModivCare kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of ModivCare from 11/6/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 11/6/2024.
When did ModivCare pay the last dividend?
The last dividend was paid out on 11/6/2024.
What was the dividend of ModivCare in the year 2023?
In the year 2023, ModivCare distributed 0 USD as dividends.
In which currency does ModivCare pay out the dividend?
The dividends of ModivCare are distributed in USD.
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Andere Kennzahlen von ModivCare
Our stock analysis for ModivCare Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of ModivCare Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.