Modiv Net Debt vs Cash And Equivalents Analysis

MDV Stock

USD 15.20 0.12 0.78%

Modiv financial indicator trend analysis is infinitely more than just investigating Modiv Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Modiv Inc is a good investment. Please check the relationship between Modiv Net Debt and its Cash And Equivalents accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Modiv Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Net Debt vs Cash And Equivalents

Net Debt vs Cash And Equivalents Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Modiv Inc Net Debt account and Cash And Equivalents. At this time, the significance of the direction appears to have weak relationship.

The correlation between Modiv's Net Debt and Cash And Equivalents is 0.35. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash And Equivalents in the same time period over historical financial statements of Modiv Inc, assuming nothing else is changed. The correlation between historical values of Modiv's Net Debt and Cash And Equivalents is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Modiv Inc are associated (or correlated) with its Cash And Equivalents. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Equivalents has no effect on the direction of Net Debt i.e., Modiv's Net Debt and Cash And Equivalents go up and down completely randomly.

Correlation Coefficient

0.35

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Cash And Equivalents

Most indicators from Modiv's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Modiv Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Modiv Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

At this time, Modiv's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.26 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 790.5 K in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	7.6M	8.1M	17.5M	18.4M
Depreciation And Amortization	34.6M	31.7M	14.7M	18.8M

Interest Expense Depreciation And Amortization

Modiv fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Net Debt	Cash	Non Current Assets Total	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Current Assets	Intangible Assets	Common Stock	Retained Earnings	Long Term Debt	Net Receivables	Long Term Debt Total	Capital Surpluse	Total Liab	Cash And Equivalents	Short Term Debt	Property Plant Equipment	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Accounts Payable
Total Assets		0.97	0.9	0.36	0.95	0.16	0.36	0.86	0.96	0.64	0.62	0.44	-0.84	0.42	0.93	0.51	0.96	0.97	0.47	0.24	0.96	0.73	0.38	0.36	0.8	0.44
Total Stockholder Equity	0.97		0.83	0.43	0.91	0.18	0.43	0.92	0.92	0.65	0.68	0.53	-0.75	0.53	0.82	0.62	0.89	0.9	0.52	0.24	0.89	0.67	0.37	0.46	0.69	0.42
Net Debt	0.9	0.83		0.16	0.94	-0.04	0.16	0.68	0.89	0.54	0.54	0.27	-0.92	0.16	0.91	0.28	0.91	0.94	0.35	0.15	0.93	0.76	0.31	0.31	0.8	0.35
Cash	0.36	0.43	0.16		0.3	-0.05	1.0	0.23	0.42	0.89	0.01	-0.04	-0.32	0.52	0.31	0.48	0.43	0.28	0.96	0.02	0.2	0.29	0.06	0.0	0.34	0.18
Non Current Assets Total	0.95	0.91	0.94	0.3		0.05	0.3	0.73	0.94	0.61	0.66	0.39	-0.86	0.34	0.92	0.44	0.96	0.96	0.42	0.28	0.97	0.74	0.42	0.4	0.82	0.47
Other Assets	0.16	0.18	-0.04	-0.05	0.05		-0.05	0.2	0.13	-0.13	-0.13	-0.09	-0.11	-0.18	0.05	-0.21	0.13	0.04	-0.11	0.85	0.18	-0.5	0.82	-0.32	0.21	0.79
Cash And Short Term Investments	0.36	0.43	0.16	1.0	0.3	-0.05		0.23	0.42	0.89	0.01	-0.04	-0.32	0.52	0.31	0.48	0.43	0.28	0.96	0.02	0.2	0.29	0.06	0.0	0.34	0.18
Common Stock Shares Outstanding	0.86	0.92	0.68	0.23	0.73	0.2	0.23		0.75	0.41	0.71	0.71	-0.53	0.57	0.64	0.66	0.68	0.78	0.31	0.09	0.75	0.57	0.21	0.55	0.45	0.23
Other Stockholder Equity	0.96	0.92	0.89	0.42	0.94	0.13	0.42	0.75		0.74	0.58	0.35	-0.89	0.43	0.93	0.52	0.96	0.94	0.52	0.26	0.92	0.77	0.4	0.34	0.77	0.47
Total Current Assets	0.64	0.65	0.54	0.89	0.61	-0.13	0.89	0.41	0.74		0.21	0.04	-0.67	0.51	0.65	0.53	0.72	0.6	0.94	0.0	0.51	0.63	0.1	0.12	0.57	0.23
Intangible Assets	0.62	0.68	0.54	0.01	0.66	-0.13	0.01	0.71	0.58	0.21		0.9	-0.24	0.71	0.41	0.77	0.46	0.57	0.01	0.03	0.57	0.6	0.11	0.93	0.13	0.11
Common Stock	0.44	0.53	0.27	-0.04	0.39	-0.09	-0.04	0.71	0.35	0.04	0.9		0.03	0.78	0.18	0.82	0.22	0.38	-0.09	-0.12	0.36	0.43	-0.07	0.91	-0.12	-0.09
Retained Earnings	-0.84	-0.75	-0.92	-0.32	-0.86	-0.11	-0.32	-0.53	-0.89	-0.67	-0.24	0.03		-0.03	-0.94	-0.13	-0.93	-0.89	-0.51	-0.25	-0.86	-0.66	-0.4	0.02	-0.89	-0.47
Long Term Debt	0.42	0.53	0.16	0.52	0.34	-0.18	0.52	0.57	0.43	0.51	0.71	0.78	-0.03		0.2	0.99	0.28	0.32	0.42	-0.17	0.24	0.51	-0.13	0.77	-0.1	-0.06
Net Receivables	0.93	0.82	0.91	0.31	0.92	0.05	0.31	0.64	0.93	0.65	0.41	0.18	-0.94	0.2		0.31	0.97	0.97	0.45	0.17	0.95	0.77	0.32	0.12	0.89	0.38
Long Term Debt Total	0.51	0.62	0.28	0.48	0.44	-0.21	0.48	0.66	0.52	0.53	0.77	0.82	-0.13	0.99	0.31		0.37	0.43	0.41	-0.2	0.35	0.61	-0.14	0.8	-0.01	-0.07
Capital Surpluse	0.96	0.89	0.91	0.43	0.96	0.13	0.43	0.68	0.96	0.72	0.46	0.22	-0.93	0.28	0.97	0.37		0.96	0.55	0.3	0.96	0.71	0.44	0.18	0.91	0.51
Total Liab	0.97	0.9	0.94	0.28	0.96	0.04	0.28	0.78	0.94	0.6	0.57	0.38	-0.89	0.32	0.97	0.43	0.96		0.42	0.15	0.98	0.79	0.3	0.31	0.84	0.35
Cash And Equivalents	0.47	0.52	0.35	0.96	0.42	-0.11	0.96	0.31	0.52	0.94	0.01	-0.09	-0.51	0.42	0.45	0.41	0.55	0.42		-0.03	0.32	0.42	0.04	-0.03	0.48	0.16
Short Term Debt	0.24	0.24	0.15	0.02	0.28	0.85	0.02	0.09	0.26	0.0	0.03	-0.12	-0.25	-0.17	0.17	-0.2	0.3	0.15	-0.03		0.32	-0.38	0.99	-0.19	0.37	0.97
Property Plant Equipment	0.96	0.89	0.93	0.2	0.97	0.18	0.2	0.75	0.92	0.51	0.57	0.36	-0.86	0.24	0.95	0.35	0.96	0.98	0.32	0.32		0.67	0.46	0.28	0.86	0.5
Other Current Liab	0.73	0.67	0.76	0.29	0.74	-0.5	0.29	0.57	0.77	0.63	0.6	0.43	-0.66	0.51	0.77	0.61	0.71	0.79	0.42	-0.38	0.67		-0.24	0.51	0.47	-0.16
Total Current Liabilities	0.38	0.37	0.31	0.06	0.42	0.82	0.06	0.21	0.4	0.1	0.11	-0.07	-0.4	-0.13	0.32	-0.14	0.44	0.3	0.04	0.99	0.46	-0.24		-0.13	0.49	0.99
Other Liab	0.36	0.46	0.31	0.0	0.4	-0.32	0.0	0.55	0.34	0.12	0.93	0.91	0.02	0.77	0.12	0.8	0.18	0.31	-0.03	-0.19	0.28	0.51	-0.13		-0.19	-0.14
Net Tangible Assets	0.8	0.69	0.8	0.34	0.82	0.21	0.34	0.45	0.77	0.57	0.13	-0.12	-0.89	-0.1	0.89	-0.01	0.91	0.84	0.48	0.37	0.86	0.47	0.49	-0.19		0.54
Accounts Payable	0.44	0.42	0.35	0.18	0.47	0.79	0.18	0.23	0.47	0.23	0.11	-0.09	-0.47	-0.06	0.38	-0.07	0.51	0.35	0.16	0.97	0.5	-0.16	0.99	-0.14	0.54

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Modiv Account Relationship Matchups

Modiv fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	490.9M	407.4M	428.5M	456.0M	530.9M	380.1M
Total Stockholder Equity	203.6M	139.6M	171.8M	159.8M	144.4M	140.8M
Net Debt	202.6M	183.3M	126.0M	186.8M	276.6M	290.4M
Cash	6.8M	8.2M	56.0M	8.6M	3.1M	3.0M
Non Current Assets Total	475.9M	362.7M	330.0M	433.3M	496.9M	329.9M
Other Assets	113.4K	21.7K	21.3M	445.6M	4.5M	4.3M
Cash And Short Term Investments	6.8M	8.2M	56.0M	8.6M	3.1M	3.0M
Common Stock Shares Outstanding	15.0M	8.0M	7.5M	7.5M	7.6M	8.7M
Liabilities And Stockholders Equity	490.9M	407.4M	428.5M	456.0M	530.9M	380.1M
Other Stockholder Equity	220.7M	316.3M	273.4M	274.2M	287.3M	215.9M
Total Current Assets	15.0M	44.7M	98.5M	22.7M	29.5M	30.6M
Intangible Assets	9.0M	5.9M	691.0K	1.9M	1.3M	1.2M
Common Stock	14.1M	7.4M	7.5K	7.8K	8.0K	7.6K
Retained Earnings	(31.2M)	(92.0M)	(101.6M)	(117.9M)	(145.6M)	(138.3M)
Long Term Debt	194.0M	185.5M	173.9M	44.4M	31.0M	29.5M
Net Receivables	6.2M	9.0M	8.5M	8.9M	14.7M	8.2M
Long Term Debt Total	194.0M	185.5M	161.0M	47.9M	55.1M	52.4M
Capital Surpluse	220.7M	224.3M	273.4M	278.3M	320.1M	220.2M
Total Liab	236.7M	217.2M	206.1M	215.0M	305.8M	220.3M
Cash And Equivalents	6.8M	8.2M	56.0M	8.6M	9.9M	16.2M
Short Term Debt	12.4M	6.0M	10.2M	151.0M	(969.3K)	(920.8K)
Property Plant Equipment	384.7M	315.4M	285.1M	410.7M	472.3M	319.2M
Other Current Liab	9.1M	14.2M	8.7M	(1.8M)	12.7M	8.0M
Total Current Liabilities	24.1M	17.3M	20.3M	160.4M	15.7M	15.0M
Other Liab	31.1M	25.0M	13.8M	11.2M	10.1M	15.1M
Net Tangible Assets	108.8M	94.9M	143.3M	159.7M	183.7M	130.8M
Accounts Payable	660.1K	1.1M	1.8M	9.2M	562.6K	534.5K
Other Current Assets	(13.2M)	27.4M	7.5M	2.3M	(15.9M)	(15.1M)

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