Modiv Financial Health

Financial Health criteria checks 4/6

Modiv has a total shareholder equity of $233.9M and total debt of $213.8M, which brings its debt-to-equity ratio to 91.4%. Its total assets and total liabilities are $464.8M and $230.9M respectively. Modiv's EBIT is $13.7M making its interest coverage ratio 1.3. It has cash and short-term investments of $16.8M.

Key information


Debt to equity ratio



Interest coverage ratio1.3x
Total liabilitiesUS$230.92m
Total assetsUS$464.84m

Recent financial health updates

Recent updates

Modiv reports Q4 results

Feb 23

Modiv Inc: High Cost Of Financing Leaves Little Scope For Expansion

Nov 15

Modiv declares $0.0958 dividend

Nov 09

Modiv declares goes ex dividend tomorrow

Oct 27

Modiv GAAP AFFO of $0.35, revenue of $10.4M

Aug 11

Modiv goes ex dividend tomorrow

Jul 27

Financial Position Analysis

Short Term Liabilities: MDV's short term assets ($36.6M) exceed its short term liabilities ($7.4M).

Long Term Liabilities: MDV's short term assets ($36.6M) do not cover its long term liabilities ($223.5M).

Debt to Equity History and Analysis

Debt Level: MDV's net debt to equity ratio (84.2%) is considered high.

Reducing Debt: MDV's debt to equity ratio has reduced from 101.1% to 91.4% 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 28.6% per year.

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