Modine Other Current Assets from 2010 to 2026

MMF Stock  EUR 178.95  3.90  2.13%   
Modine Manufacturing's Other Current Assets are increasing over the last several years with stable swings. Other Current Assets are predicted to flatten to about 52.1 M. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2017-03-31
Previous Quarter
80.3 M
Current Value
93 M
Quarterly Volatility
25.4 M
 
Covid
 
Interest Hikes
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 Discontinued Operations of 480 K, Interest Expense of 31.9 M or Selling General Administrative of 241.3 M, as well as many indicators such as . Modine financial statements analysis is a perfect complement when working with Modine Manufacturing Valuation or Volatility modules.
  
This module can also supplement various Modine Manufacturing Technical models . Check out the analysis of Modine Manufacturing Correlation against competitors.
For more detail on how to invest in Modine Stock please use our How to Invest in Modine Manufacturing guide.
The Other Current Assets trend for Modine Manufacturing offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Modine Manufacturing is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Modine Manufacturing's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Modine Manufacturing over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Modine Manufacturing's Other Current 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 Current Assets10 Years Trend
Pretty Stable
   Other Current Assets   
       Timeline  

Modine Other Current Assets Regression Statistics

Arithmetic Mean49,169,559
Geometric Mean44,017,905
Coefficient Of Variation55.98
Mean Deviation17,321,730
Median45,000,000
Standard Deviation27,526,762
Sample Variance757.7T
Range116.9M
R-Value0.24
Mean Square Error760.3T
R-Squared0.06
Significance0.35
Slope1,327,672
Total Sum of Squares12123.6T

Modine Other Current Assets History

202652.1 M
202580.3 M
202469.8 M
202353.1 M
202222.7 M
202120.9 M
2020137.8 M

About Modine Manufacturing Financial Statements

Modine Manufacturing stakeholders use historical fundamental indicators, such as Modine Manufacturing's Other Current Assets, to determine how well the company is positioned to perform in the future. Although Modine Manufacturing investors may analyze each financial statement separately, they are all interrelated. For example, changes in Modine Manufacturing's assets and liabilities are reflected in the revenues and expenses on Modine Manufacturing's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Modine Manufacturing. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Assets80.3 M52.1 M

Currently Active Assets on Macroaxis

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 more detail on how to invest in Modine Stock please use our How to Invest in Modine Manufacturing guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Understanding that Modine Manufacturing's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Modine Manufacturing represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, Modine Manufacturing's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.