Modine Manufacturing Balance Sheet Health
Financial Health criteria checks 6/6
Modine Manufacturing has a total shareholder equity of $1.0B and total debt of $524.4M, which brings its debt-to-equity ratio to 51.5%. Its total assets and total liabilities are $2.2B and $1.2B respectively. Modine Manufacturing's EBIT is $309.7M making its interest coverage ratio 14. It has cash and short-term investments of $124.5M.
Key information
51.48%
Debt to equity ratio
US$524.40m
Debt
| Interest coverage ratio | 14x |
| Cash | US$124.50m |
| Equity | US$1.02b |
| Total liabilities | US$1.21b |
| Total assets | US$2.23b |
Recent financial health updates
Modine Manufacturing (NYSE:MOD) Seems To Use Debt Quite Sensibly
Jun 25
Here's Why Modine Manufacturing (NYSE:MOD) Can Manage Its Debt Responsibly
Jan 28Modine Manufacturing (NYSE:MOD) Seems To Use Debt Quite Sensibly
Oct 24Recent updates
Earnings Tell The Story For Modine Manufacturing Company (NYSE:MOD) As Its Stock Soars 40%
Aug 20Modine's Data Center Engine Hits Overdrive (Rating Upgrade)
Aug 18Modine Manufacturing Company (NYSE:MOD) Just Reported And Analysts Have Been Lifting Their Price Targets
Aug 02Estimating The Intrinsic Value Of Modine Manufacturing Company (NYSE:MOD)
Jul 10Modine Manufacturing (NYSE:MOD) Seems To Use Debt Quite Sensibly
Jun 25Modine Manufacturing Company's (NYSE:MOD) 29% Jump Shows Its Popularity With Investors
May 07Modine Manufacturing: A Potential Winner In The AI Boom
Apr 29Modine Manufacturing (NYSE:MOD) Is Achieving High Returns On Its Capital
Apr 21Is Modine Manufacturing Company (NYSE:MOD) Trading At A 38% Discount?
Mar 30With A 25% Price Drop For Modine Manufacturing Company (NYSE:MOD) You'll Still Get What You Pay For
Feb 14Here's Why Modine Manufacturing (NYSE:MOD) Can Manage Its Debt Responsibly
Jan 28Modine Manufacturing: Still Not Too Late To Buy This NYSE Gem
Jan 05A Look At The Fair Value Of Modine Manufacturing Company (NYSE:MOD)
Dec 23After Leaping 28% Modine Manufacturing Company (NYSE:MOD) Shares Are Not Flying Under The Radar
Dec 05Modine Manufacturing: This Point Keeps Me From Investing
Nov 14Returns On Capital Are A Standout For Modine Manufacturing (NYSE:MOD)
Nov 11Modine Manufacturing (NYSE:MOD) Seems To Use Debt Quite Sensibly
Oct 24I Loved Modine Manufacturing At $16, Not So Much At $136 (Rating Downgrade)
Oct 14Modine Manufacturing: Data Center Demand Is Driving Breakneck Margin Expansion
Oct 08Modine Looks Like A Buy After Further Analysis
Sep 09Modine Manufacturing: Confirming My 'Hold' Rating
Sep 03
Innovative Climate Solutions And EV Systems Set To Propel Market Leadership And Revenue Growth
Strategic acquisitions and new product introductions, including in the Climate Solutions segment and for high-performance computing cooling, aim to enhance revenue and market share.Modine Manufacturing: Data Center Boom Remains A Tailwind - Reiterate Buy
Aug 03Modine Manufacturing: Entering Unsustainable Territory Now
Jul 24Modine Manufacturing: AI Growth Stock Surged More Than 250% In One Year
May 29Modine Manufacturing: The Rally Went Too Far
Apr 23Modine Manufacturing Stock: A Downgrade Looks Logical
Apr 16Financial Position Analysis
Short Term Liabilities: MOD's short term assets ($1.2B) exceed its short term liabilities ($561.9M).
Long Term Liabilities: MOD's short term assets ($1.2B) exceed its long term liabilities ($647.9M).
Debt to Equity History and Analysis
Debt Level: MOD's net debt to equity ratio (39.3%) is considered satisfactory.
Reducing Debt: MOD's debt to equity ratio has reduced from 98% to 51.5% over the past 5 years.
Debt Coverage: MOD's debt is well covered by operating cash flow (38.2%).
Interest Coverage: MOD's interest payments on its debt are well covered by EBIT (14x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/10/10 21:48 |
| End of Day Share Price | 2025/10/10 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2025/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Modine Manufacturing Company is covered by 15 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Leiker | Baird |
| Ishan Majumdar | Baptista Research |
| Walter Liptak | Barrington Research Associates, Inc. |