Modine Reconciled Depreciation from 2010 to 2024

MOD Stock  USD 143.22  2.73  1.94%   
Modine Manufacturing's Reconciled Depreciation is decreasing over the years with slightly volatile fluctuation. Reconciled Depreciation is expected to dwindle to about 53.1 M. During the period from 2010 to 2024 Modine Manufacturing Reconciled Depreciation annual values regression line had geometric mean of  69,576,859 and mean square error of 36.6 T. View All Fundamentals
 
Reconciled Depreciation  
First Reported
1992-06-30
Previous Quarter
19.1 M
Current Value
20 M
Quarterly Volatility
2.8 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 Reconciled Depreciation Growth Pattern

Below is the plot of the Reconciled Depreciation of Modine Manufacturing over the last few years. It is Modine Manufacturing's Reconciled Depreciation 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.
Reconciled Depreciation10 Years Trend
Slightly volatile
   Reconciled Depreciation   
       Timeline  

Modine Reconciled Depreciation Regression Statistics

Arithmetic Mean70,313,905
Geometric Mean69,576,859
Coefficient Of Variation14.26
Mean Deviation8,594,794
Median76,700,000
Standard Deviation10,026,545
Sample Variance100.5T
Range24M
R-Value(0.81)
Mean Square Error36.6T
R-Squared0.66
Significance0.0002
Slope(1,823,714)
Total Sum of Squares1407.4T

Modine Reconciled Depreciation History

202453.1 M
202356.1 M
202254.5 M
202154.8 M
202068.6 M
201977.1 M
201876.9 M

About Modine Manufacturing Financial Statements

Modine Manufacturing stakeholders use historical fundamental indicators, such as Modine Manufacturing's Reconciled Depreciation, 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
Reconciled Depreciation56.1 M53.1 M

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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 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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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.