Modine Total Stockholder Equity vs Capital Surpluse Analysis
MOD Stock | USD 140.49 0.00 0.00% |
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 Total Stockholder Equity and its Capital Surpluse 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.
Total Stockholder Equity vs Capital Surpluse
Total Stockholder Equity vs Capital Surpluse Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Modine Manufacturing Total Stockholder Equity account and Capital Surpluse. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Modine Manufacturing's Total Stockholder Equity and Capital Surpluse is 0.82. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Capital Surpluse 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 Total Stockholder Equity and Capital Surpluse is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Modine Manufacturing are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Total Stockholder Equity i.e., Modine Manufacturing's Total Stockholder Equity and Capital Surpluse go up and down completely randomly.
Correlation Coefficient | 0.82 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Capital Surpluse
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 Profit | 309.3M | 389.4M | 539.4M | 287.6M | Total Revenue | 2.1B | 2.3B | 2.4B | 1.4B |
Modine Manufacturing fundamental ratios Correlations
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Modine Manufacturing Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Modine Manufacturing fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.5B | 1.3B | 1.4B | 1.6B | 1.9B | 990.0M | |
Short Long Term Debt Total | 482.4M | 334.5M | 377.8M | 352.7M | 509M | 534.5M | |
Other Current Liab | 108.6M | 200.8M | 126.6M | 139.1M | 199.7M | 209.7M | |
Total Current Liabilities | 372M | 469.2M | 494.5M | 507.1M | 545.8M | 285.7M | |
Total Stockholder Equity | 493.6M | 356.1M | 458.1M | 599.6M | 747.6M | 425.2M | |
Property Plant And Equipment Net | 448M | 269.9M | 315.4M | 314.5M | 441.7M | 345.9M | |
Net Debt | 411.5M | 296.7M | 332.6M | 285.6M | 448.9M | 471.3M | |
Retained Earnings | 469.9M | 259.2M | 344.4M | 497.5M | 659M | 371.5M | |
Cash | 70.9M | 37.8M | 45.2M | 67.1M | 60.1M | 45.1M | |
Non Current Assets Total | 902.8M | 631.9M | 669.4M | 719.5M | 957.5M | 526.6M | |
Non Currrent Assets Other | 77.6M | 66.1M | 68.2M | 74.5M | 21.5M | 20.4M | |
Cash And Short Term Investments | 70.9M | 37.8M | 45.2M | 67.1M | 60.1M | 45.4M | |
Net Receivables | 292.5M | 273.6M | 406.6M | 428.2M | 443.4M | 465.6M | |
Liabilities And Stockholders Equity | 1.5B | 1.3B | 1.4B | 1.6B | 1.9B | 990.0M | |
Non Current Liabilities Total | 670.5M | 451.4M | 474.4M | 459.2M | 550.2M | 278.8M | |
Inventory | 207.4M | 195.6M | 281.2M | 324.9M | 357.9M | 375.8M | |
Other Current Assets | 62.5M | 137.8M | 20.9M | 22.7M | 40.2M | 44.8M | |
Other Stockholder Equity | 213.7M | 216.8M | 221.6M | 221.8M | 217.0M | 157.8M | |
Total Liab | 1.0B | 920.6M | 968.9M | 966.3M | 1.1B | 564.5M | |
Property Plant And Equipment Gross | 448M | 269.9M | 1.3B | 1.3B | 1.3B | 1.4B | |
Total Current Assets | 633.3M | 644.8M | 757.6M | 846.4M | 894M | 463.4M | |
Accumulated Other Comprehensive Income | (223.3M) | (161.2M) | (149.5M) | (161.1M) | (163.4M) | (171.6M) | |
Short Term Debt | 30.4M | 34.5M | 42.1M | 35.2M | 62.7M | 65.8M | |
Intangible Assets | 106.3M | 100.6M | 90.3M | 81.1M | 188.3M | 197.7M | |
Accounts Payable | 227.4M | 233.9M | 325.8M | 332.8M | 283.4M | 162.3M | |
Other Liab | 168.2M | 95.4M | 84.8M | 81M | 93.2M | 108.9M | |
Other Assets | 121M | 36.6M | 43.5M | 99.2M | 114.1M | 86.1M | |
Long Term Debt | 452M | 311.2M | 348.4M | 329.3M | 399.9M | 238.0M | |
Common Stock Total Equity | 33.3M | 33.9M | 34.2M | 34.6M | 39.8M | 29.8M | |
Treasury Stock | (31.4M) | (37.1M) | (38.2M) | (40M) | (36M) | (34.2M) | |
Common Stock | 33.3M | 33.9M | 34.2M | 34.6M | 35M | 30.1M | |
Property Plant Equipment | 448M | 324M | 315.4M | 314.5M | 283.1M | 323.9M | |
Good Will | 166.1M | 170.7M | 168.1M | 165.6M | 230.9M | 242.4M | |
Short Term Investments | 4.3M | 3.2M | 3.7M | 3.5M | 4.0M | 2.9M | |
Net Tangible Assets | 215.5M | 77.4M | 192.3M | 346.1M | 311.5M | 200.1M | |
Retained Earnings Total Equity | 469.9M | 259.2M | 344.4M | 497.5M | 572.1M | 297.9M |
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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 Commodity Channel module to use Commodity Channel Index to analyze current equity 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 3.05 | 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.