Modine Other Stockholder Equity vs Property Plant And Equipment Net Analysis

MOD Stock  USD 123.27  3.10  2.58%   
Modine Manufacturing financial indicator trend analysis is infinitely more than just investigating Modine Manufacturing recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Modine Manufacturing is a good investment. Please check the relationship between Modine Manufacturing Other Stockholder Equity and its Property Plant And Equipment Net accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Modine Manufacturing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For information on how to trade Modine Stock refer to our How to Trade Modine Stock guide.

Other Stockholder Equity vs Property Plant And Equipment Net

Other Stockholder Equity vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Modine Manufacturing Other Stockholder Equity account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between Modine Manufacturing's Other Stockholder Equity and Property Plant And Equipment Net is 0.61. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Modine Manufacturing, assuming nothing else is changed. The correlation between historical values of Modine Manufacturing's Other Stockholder Equity and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Modine Manufacturing are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Other Stockholder Equity i.e., Modine Manufacturing's Other Stockholder Equity and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Stockholder Equity

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Modine Manufacturing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Modine Manufacturing 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 Modine Manufacturing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For information on how to trade Modine Stock refer to our How to Trade Modine Stock guide.At present, Modine Manufacturing's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 18.38, whereas Selling General Administrative is forecasted to decline to about 231.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit309.3M389.4M539.4M287.6M
Total Revenue2.1B2.3B2.4B1.4B

Modine Manufacturing fundamental ratios Correlations

0.820.490.950.910.730.790.860.350.960.140.350.780.880.930.660.190.940.980.530.940.60.70.920.40.08
0.820.540.710.720.640.990.70.080.85-0.130.080.840.540.830.770.110.710.810.590.690.740.950.70.420.11
0.490.540.520.540.270.50.470.290.390.010.290.680.430.320.690.450.50.430.540.550.250.660.41-0.02-0.19
0.950.710.520.830.660.690.730.270.880.160.270.750.90.830.590.290.940.950.480.930.620.610.950.32-0.05
0.910.720.540.830.640.660.970.520.840.060.520.820.760.730.74-0.020.80.810.670.910.50.670.810.220.2
0.730.640.270.660.640.620.620.250.83-0.140.250.490.710.720.270.290.610.720.180.520.690.470.550.810.06
0.790.990.50.690.660.620.64-0.050.83-0.18-0.040.810.50.820.740.110.680.80.550.650.760.950.680.40.06
0.860.70.470.730.970.620.640.580.810.030.580.740.690.70.69-0.040.720.750.60.820.480.650.710.290.36
0.350.080.290.270.520.25-0.050.580.290.511.00.230.450.210.190.070.360.250.210.4-0.120.00.260.180.41
0.960.850.390.880.840.830.830.810.290.020.290.690.810.950.530.230.860.960.370.810.720.710.820.590.19
0.14-0.130.010.160.06-0.14-0.180.030.510.020.510.020.360.180.020.160.360.180.040.28-0.41-0.250.26-0.05-0.17
0.350.080.290.270.520.25-0.040.581.00.290.510.240.450.210.190.070.360.250.210.4-0.120.00.250.180.41
0.780.840.680.750.820.490.810.740.230.690.020.240.610.640.96-0.050.740.720.890.820.520.840.80.09-0.1
0.880.540.430.90.760.710.50.690.450.810.360.450.610.80.430.390.940.880.360.870.40.370.860.46-0.14
0.930.830.320.830.730.720.820.70.210.950.180.210.640.80.510.260.890.970.340.80.570.660.820.550.06
0.660.770.690.590.740.270.740.690.190.530.020.190.960.430.51-0.160.610.570.930.740.350.830.67-0.12-0.1
0.190.110.450.29-0.020.290.11-0.040.070.230.160.07-0.050.390.26-0.160.330.28-0.390.120.120.070.090.41-0.27
0.940.710.50.940.80.610.680.720.360.860.360.360.740.940.890.610.330.950.490.940.450.570.940.35-0.12
0.980.810.430.950.810.720.80.750.250.960.180.250.720.880.970.570.280.950.420.90.620.670.920.470.01
0.530.590.540.480.670.180.550.60.210.370.040.210.890.360.340.93-0.390.490.420.670.220.650.61-0.24-0.14
0.940.690.550.930.910.520.650.820.40.810.280.40.820.870.80.740.120.940.90.670.390.610.950.12-0.07
0.60.740.250.620.50.690.760.48-0.120.72-0.41-0.120.520.40.570.350.120.450.620.220.390.670.510.550.27
0.70.950.660.610.670.470.950.650.00.71-0.250.00.840.370.660.830.070.570.670.650.610.670.580.20.11
0.920.70.410.950.810.550.680.710.260.820.260.250.80.860.820.670.090.940.920.610.950.510.580.2-0.1
0.40.42-0.020.320.220.810.40.290.180.59-0.050.180.090.460.55-0.120.410.350.47-0.240.120.550.20.20.22
0.080.11-0.19-0.050.20.060.060.360.410.19-0.170.41-0.1-0.140.06-0.1-0.27-0.120.01-0.14-0.070.270.11-0.10.22
Click cells to compare fundamentals

Modine Manufacturing Account Relationship Matchups

Modine Manufacturing fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5B1.3B1.4B1.6B1.9B990.0M
Short Long Term Debt Total482.4M334.5M377.8M352.7M509M534.5M
Other Current Liab108.6M200.8M126.6M139.1M199.7M209.7M
Total Current Liabilities372M469.2M494.5M507.1M545.8M285.7M
Total Stockholder Equity493.6M356.1M458.1M599.6M747.6M425.2M
Property Plant And Equipment Net448M269.9M315.4M314.5M441.7M345.9M
Net Debt411.5M296.7M332.6M285.6M448.9M471.3M
Retained Earnings469.9M259.2M344.4M497.5M659M371.5M
Cash70.9M37.8M45.2M67.1M60.1M45.1M
Non Current Assets Total902.8M631.9M669.4M719.5M957.5M526.6M
Non Currrent Assets Other77.6M66.1M68.2M74.5M21.5M20.4M
Cash And Short Term Investments70.9M37.8M45.2M67.1M60.1M45.4M
Net Receivables292.5M273.6M406.6M428.2M443.4M465.6M
Liabilities And Stockholders Equity1.5B1.3B1.4B1.6B1.9B990.0M
Non Current Liabilities Total670.5M451.4M474.4M459.2M550.2M278.8M
Inventory207.4M195.6M281.2M324.9M357.9M375.8M
Other Current Assets62.5M137.8M20.9M22.7M40.2M44.8M
Other Stockholder Equity213.7M216.8M221.6M221.8M217.0M157.8M
Total Liab1.0B920.6M968.9M966.3M1.1B564.5M
Property Plant And Equipment Gross448M269.9M1.3B1.3B1.3B1.4B
Total Current Assets633.3M644.8M757.6M846.4M894M463.4M
Accumulated Other Comprehensive Income(223.3M)(161.2M)(149.5M)(161.1M)(163.4M)(171.6M)
Short Term Debt30.4M34.5M42.1M35.2M62.7M65.8M
Intangible Assets106.3M100.6M90.3M81.1M188.3M197.7M
Accounts Payable227.4M233.9M325.8M332.8M283.4M162.3M
Other Liab168.2M95.4M84.8M81M93.2M108.9M
Other Assets121M36.6M43.5M99.2M114.1M86.1M
Long Term Debt452M311.2M348.4M329.3M399.9M238.0M
Common Stock Total Equity33.3M33.9M34.2M34.6M39.8M29.8M
Treasury Stock(31.4M)(37.1M)(38.2M)(40M)(36M)(34.2M)
Common Stock33.3M33.9M34.2M34.6M35M30.1M
Property Plant Equipment448M324M315.4M314.5M283.1M323.9M
Good Will166.1M170.7M168.1M165.6M230.9M242.4M
Short Term Investments4.3M3.2M3.7M3.5M4.0M2.9M
Net Tangible Assets215.5M77.4M192.3M346.1M311.5M200.1M
Retained Earnings Total Equity469.9M259.2M344.4M497.5M572.1M297.9M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Modine Manufacturing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For information on how to trade Modine Stock refer to our How to Trade Modine Stock guide.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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
(0.01)
Earnings Share
3.04
Revenue Per Share
47.367
Quarterly Revenue Growth
0.06
Return On Assets
0.0984
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.