Modine Change To Inventory from 2010 to 2024

MOD Stock  USD 103.77  5.65  5.16%   
Modine Manufacturing's Change To Inventory is decreasing over the years with slightly volatile fluctuation. Overall, Change To Inventory is projected to go to about -42.2 M this year. Change To Inventory is the increase or decrease in the amount of inventory Modine Manufacturing has over a certain period. View All Fundamentals
 
Change To Inventory  
First Reported
1995-06-30
Previous Quarter
3.6 M
Current Value
-14.2 M
Quarterly Volatility
10 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 main balance sheet or income statement drivers, such as Depreciation And Amortization of 54.2 M, Interest Expense of 25 M or Total Revenue of 1.3 B, as well as many exotic indicators such as Price To Sales Ratio of 0.64, Dividend Yield of 0.11 or PTB Ratio of 1.86. Modine financial statements analysis is a perfect complement when working with Modine Manufacturing Valuation or Volatility modules.
  
This module can also supplement Modine Manufacturing's financial leverage analysis and stock options assessment as well as various Modine Manufacturing Technical models . 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 Change To Inventory Growth Pattern

Below is the plot of the Change To Inventory of Modine Manufacturing over the last few years. It is the increase or decrease in the amount of inventory a company has over a certain period. Modine Manufacturing's Change To Inventory 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.
Change To Inventory10 Years Trend
Slightly volatile
   Change To Inventory   
       Timeline  

Modine Change To Inventory Regression Statistics

Arithmetic Mean(18,048,000)
Geometric Mean6,566,848
Coefficient Of Variation(125.41)
Mean Deviation18,474,267
Median(5,000,000)
Standard Deviation22,634,147
Sample Variance512.3T
Range72.5M
R-Value(0.79)
Mean Square Error206.2T
R-Squared0.63
Significance0.0004
Slope(4,004,932)
Total Sum of Squares7172.3T

Modine Change To Inventory History

2024-42.2 M
2023-44.5 M
2022-49.4 M
2021-70.7 M
2020-5 M
2019-12 M
2018-22 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 Change To Inventory, 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
Change To Inventory-44.5 M-42.2 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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Complementary Tools for Modine Stock analysis

When running Modine Manufacturing's price analysis, check to measure Modine Manufacturing's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Modine Manufacturing is operating at the current time. Most of Modine Manufacturing's value examination focuses on studying past and present price action to predict the probability of Modine Manufacturing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Modine Manufacturing's price. Additionally, you may evaluate how the addition of Modine Manufacturing to your portfolios can decrease your overall portfolio volatility.
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Is Modine Manufacturing's industry 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
0.804
Earnings Share
4.25
Revenue Per Share
46.185
Quarterly Revenue Growth
0.003
Return On Assets
0.0969
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.