Modine Other Assets from 2010 to 2024

MOD Stock  USD 92.04  1.52  1.68%   
Modine Manufacturing's Other Assets are decreasing over the years with very volatile fluctuation. Other Assets are expected to dwindle to about 86.1 M. During the period from 2010 to 2024 Modine Manufacturing Other Assets annual values regression line had geometric mean of  80,203,377 and mean square error of 2092.9 T. View All Fundamentals
 
Other Assets  
First Reported
2000-03-31
Previous Quarter
101.4 M
Current Value
159.7 M
Quarterly Volatility
82.5 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Modine Manufacturing financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Modine Manufacturing's main balance sheet or income statement drivers, such as Depreciation And Amortization of 54.4 M, Interest Expense of 25.3 M or Total Revenue of 1.4 B, as well as many indicators such as Price To Sales Ratio of 2.15, Dividend Yield of 0.11 or PTB Ratio of 6.91. Modine financial statements analysis is a perfect complement when working with Modine Manufacturing Valuation or Volatility modules.
  
Check out the analysis of Modine Manufacturing Correlation against competitors.
For information on how to trade Modine Stock refer to our How to Trade Modine Stock guide.

Latest Modine Manufacturing's Other Assets Growth Pattern

Below is the plot of the Other Assets of Modine Manufacturing over the last few years. It is Modine Manufacturing's Other Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Modine Manufacturing's overall financial position and show how it may be relating to other accounts over time.
Other Assets10 Years Trend
Very volatile
   Other Assets   
       Timeline  

Modine Other Assets Regression Statistics

Arithmetic Mean95,914,912
Geometric Mean80,203,377
Coefficient Of Variation45.96
Mean Deviation36,714,117
Median118,000,000
Standard Deviation44,085,491
Sample Variance1943.5T
Range128.2M
R-Value(0.01)
Mean Square Error2092.9T
R-Squared0.000047
Significance0.98
Slope(67,247)
Total Sum of Squares27209.4T

Modine Other Assets History

202486.1 M
2023114.1 M
202299.2 M
202143.5 M
202036.6 M
2019121 M
2018118 M

About Modine Manufacturing Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Modine Manufacturing income statement, its balance sheet, and the statement of cash flows. Modine Manufacturing investors use historical funamental indicators, such as Modine Manufacturing's Other Assets, to determine how well the company is positioned to perform in the future. Although Modine Manufacturing investors may use each financial statement separately, they are all related. The changes in Modine Manufacturing's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Modine Manufacturing's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Modine Manufacturing Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Modine Manufacturing. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Assets114.1 M86.1 M

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Additional Information and Resources on Investing in Modine Stock

When determining whether Modine Manufacturing is a strong investment it is important to analyze Modine Manufacturing's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Modine Manufacturing's future performance. For an informed investment choice regarding Modine Stock, refer to the following important reports:
Check out the analysis of Modine Manufacturing Correlation against competitors.
For information on how to trade Modine Stock refer to our How to Trade Modine Stock guide.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Automotive Parts & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Modine Manufacturing. If investors know Modine will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Modine Manufacturing listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.72)
Earnings Share
3.03
Revenue Per Share
45.95
Quarterly Revenue Growth
(0.02)
Return On Assets
0.0917
The market value of Modine Manufacturing is measured differently than its book value, which is the value of Modine that is recorded on the company's balance sheet. Investors also form their own opinion of Modine Manufacturing's value that differs from its market value or its book value, called intrinsic value, which is Modine Manufacturing's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Modine Manufacturing's market value can be influenced by many factors that don't directly affect Modine Manufacturing's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Modine Manufacturing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Modine Manufacturing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Modine Manufacturing's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.