ModivCare Income Tax Expense from 2010 to 2024

MODV Stock  USD 18.79  0.85  4.74%   
ModivCare Income Tax Expense yearly trend continues to be fairly stable with very little volatility. Income Tax Expense is likely to outpace its year average in 2024. During the period from 2010 to 2024, ModivCare Income Tax Expense regression line of quarterly data had mean square error of 69 T and geometric mean of  4,375,695. View All Fundamentals
 
Income Tax Expense  
First Reported
2000-09-30
Previous Quarter
9.6 M
Current Value
-8.4 M
Quarterly Volatility
3.9 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ModivCare financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ModivCare's main balance sheet or income statement drivers, such as Interest Expense of 72.6 M, Selling General Administrative of 289.3 M or Total Revenue of 2.9 B, as well as many indicators such as Price To Sales Ratio of 0.22, Dividend Yield of 0.0527 or PTB Ratio of 3.79. ModivCare financial statements analysis is a perfect complement when working with ModivCare Valuation or Volatility modules.
  
Check out the analysis of ModivCare Correlation against competitors.
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Latest ModivCare's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of ModivCare over the last few years. It is ModivCare's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ModivCare's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

ModivCare Income Tax Expense Regression Statistics

Arithmetic Mean6,756,747
Geometric Mean4,375,695
Coefficient Of Variation125.67
Mean Deviation6,696,970
Median7,502,000
Standard Deviation8,491,407
Sample Variance72.1T
Range29.1M
R-Value(0.33)
Mean Square Error69T
R-Squared0.11
Significance0.23
Slope(632,053)
Total Sum of Squares1009.5T

ModivCare Income Tax Expense History

2024-4.1 M
2023-4.3 M
2022-3 M
20218.7 M
202024.8 M
2019-573 K
20184.7 M

About ModivCare Financial Statements

ModivCare investors use historical fundamental indicators, such as ModivCare's Income Tax Expense, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in ModivCare. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax Expense-4.3 M-4.1 M

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Additional Tools for ModivCare Stock Analysis

When running ModivCare's price analysis, check to measure ModivCare's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ModivCare is operating at the current time. Most of ModivCare's value examination focuses on studying past and present price action to predict the probability of ModivCare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ModivCare's price. Additionally, you may evaluate how the addition of ModivCare to your portfolios can decrease your overall portfolio volatility.