Modiv Industrial Balance Sheet Health
Financial Health criteria checks 3/6
Modiv Industrial has a total shareholder equity of $211.8M and total debt of $280.5M, which brings its debt-to-equity ratio to 132.5%. Its total assets and total liabilities are $507.4M and $295.6M respectively. Modiv Industrial's EBIT is $18.0M making its interest coverage ratio 0.9. It has cash and short-term investments of $7.6M.
Key information
132.5%
Debt to equity ratio
US$280.49m
Debt
| Interest coverage ratio | 0.9x |
| Cash | US$7.63m |
| Equity | US$211.75m |
| Total liabilities | US$295.62m |
| Total assets | US$507.37m |
Recent financial health updates
Recent updates
Modiv Industrial: Solid Q3 Earnings And Dividend Bumped, But Still Not Buying
Nov 08Modiv Industrial: Unclear Growth But No Red Flags
May 30Modiv Industrial: A 7.2% Dividend Yield From Made In The USA
Mar 17Modiv Industrial: Industry Tailwinds Support Dividend Yield And Potential Upside
Dec 07Modiv: Might Be Moving In The Right Direction
Aug 18Modiv reports Q4 results
Feb 23Modiv Inc: High Cost Of Financing Leaves Little Scope For Expansion
Nov 15Financial Position Analysis
Short Term Liabilities: MDV's short term assets ($26.7M) exceed its short term liabilities ($5.0M).
Long Term Liabilities: MDV's short term assets ($26.7M) do not cover its long term liabilities ($290.6M).
Debt to Equity History and Analysis
Debt Level: MDV's net debt to equity ratio (128.9%) is considered high.
Reducing Debt: MDV's debt to equity ratio has increased from 92.1% to 132.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable MDV has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MDV is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 26.4% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 09:30 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Modiv Industrial, Inc. is covered by 5 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Gaurav Mehta | Alliance Global Partners |
| Bryan Maher | B. Riley Securities, Inc. |
| Barry Oxford | Colliers Securities |