ModivCare Inc. (MODVQ)

ModivCare Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	78.23	112.58	2.22	14.45	133.14	183.28
Cash & Short-Term Investments	78.23	112.58	2.22	14.45	133.14	183.28
Cash Growth	61.84%	4978.08%	-84.66%	-89.15%	-27.36%	198.67%
Accounts Receivable	401.55	340.11	366.5	294.34	233.12	197.94
Other Receivables	13.23	16.73	8.62	2.51	4.74	5.59
Receivables	414.78	356.84	375.11	296.85	237.86	203.53
Inventory	-	-	-	-	1.46	-
Prepaid Expenses	27.28	19.03	21.52	18.27	18.76	18.01
Restricted Cash	13.49	0.54	0.57	0.52	0.28	0.08
Other Current Assets	53.49	6.39	5.51	16.06	18.33	14.63
Total Current Assets	587.27	495.38	404.92	346.15	409.83	419.53
Property, Plant & Equipment	106.39	119.01	125.41	108.54	97.3	58.47
Long-Term Investments	28.28	31.43	41.53	41.3	83.07	137.47
Goodwill	416.86	680.25	785.55	968.65	924.79	444.93
Other Intangible Assets	234.06	282.32	360.94	439.41	490.21	345.65
Other Long-Term Assets	46.71	45.95	48.93	40.21	22.22	19.87
Total Assets	1,420	1,654	1,767	1,944	2,027	1,426
Accounts Payable	88.74	83.07	55.24	54.96	8.69	8.46
Accrued Expenses	161.68	213.58	205.4	210.95	207	176.7
Short-Term Debt	-	269	113.8	-	-	-
Current Portion of Long-Term Debt	-	5.25	-	-	-	-
Current Portion of Leases	7.39	8.62	8.73	9.64	9.87	8.32
Current Unearned Revenue	33	29.22	129.27	203.86	285.81	104.63
Other Current Liabilities	66.93	15.76	7.97	12.19	15.85	19.55
Total Current Liabilities	357.74	624.49	520.4	491.6	527.23	317.66
Long-Term Debt	-	986.44	983.76	979.36	975.23	485.98
Long-Term Leases	27.6	32.91	33.78	32.09	34.52	23.44
Long-Term Unearned Revenue	-	-	-	-	-	72.18
Long-Term Deferred Tax Liabilities	13.47	13.56	39.58	57.24	94.61	92.2
Other Long-Term Liabilities	1,485	35.41	33.55	29.43	22.56	22.84
Total Liabilities	1,884	1,693	1,611	1,590	1,654	1,014
Common Stock	0.02	0.02	0.02	0.02	0.02	0.02
Additional Paid-In Capital	457.9	457.41	450.95	444.26	430.45	421.32
Retained Earnings	-652.91	-225.72	-24.44	180.02	211.83	218.41
Treasury Stock	-269.12	-270.19	-270.33	-269.74	-269.03	-228.14
Total Common Equity	-464.12	-38.47	156.2	354.56	373.27	411.61
Shareholders' Equity	-464.12	-38.47	156.2	354.56	373.27	411.61
Total Liabilities & Equity	1,420	1,654	1,767	1,944	2,027	1,426
Total Debt	34.99	1,302	1,140	1,021	1,020	517.74
Net Cash (Debt)	43.24	-1,190	-1,138	-1,007	-886.48	-334.46
Net Cash Per Share	3.02	-83.54	-80.28	-71.59	-63.08	-24.44
Filing Date Shares Outstanding	14.4	14.34	14.2	14.15	14.02	14.19
Total Common Shares Outstanding	14.4	14.32	14.2	14.16	14.02	14.28
Working Capital	229.53	-129.12	-115.48	-145.44	-117.4	101.87
Book Value Per Share	-32.23	-2.69	11.00	25.05	26.62	28.82
Tangible Book Value	-1,115	-1,001	-990.29	-1,054	-1,042	-378.97
Tangible Book Value Per Share	-77.42	-69.89	-69.72	-74.42	-74.30	-26.53
Land	-	0.01	0.29	0.29	0.29	-
Buildings	-	0.39	1.89	1.89	1.89	-
Machinery	-	86.85	82.57	60.9	52.27	35.62
Construction In Progress	-	6.21	7.14	3.31	6.6	4.72
Leasehold Improvements	-	16.83	12.85	10.14	7.52	8.42

Source: S&P Global Market Intelligence. Standard template. Financial Sources.