Modine Manufacturing Balance Sheet Health
Financial Health criteria checks 6/6
Modine Manufacturing has a total shareholder equity of $867.4M and total debt of $402.4M, which brings its debt-to-equity ratio to 46.4%. Its total assets and total liabilities are $1.9B and $1.0B respectively. Modine Manufacturing's EBIT is $277.0M making its interest coverage ratio 12.1. It has cash and short-term investments of $78.6M.
Key information
46.4%
Debt to equity ratio
US$402.40m
Debt
| Interest coverage ratio | 12.1x |
| Cash | US$78.60m |
| Equity | US$867.40m |
| Total liabilities | US$1.05b |
| Total assets | US$1.92b |
Recent financial health updates
Modine Manufacturing (NYSE:MOD) Seems To Use Debt Quite Sensibly
Oct 24
Modine Manufacturing (NYSE:MOD) Has A Pretty Healthy Balance Sheet
Jun 09We Think Modine Manufacturing (NYSE:MOD) Can Stay On Top Of Its Debt
Mar 01Recent updates
After 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 08Why Investors Shouldn't Be Surprised By Modine Manufacturing Company's (NYSE:MOD) 26% Share Price Surge
Oct 05Estimating The Intrinsic Value Of Modine Manufacturing Company (NYSE:MOD)
Sep 24Modine Looks Like A Buy After Further Analysis
Sep 09Modine Manufacturing: Confirming My 'Hold' Rating
Sep 03Modine Manufacturing Company Just Recorded A 7.6% EPS Beat: Here's What Analysts Are Forecasting Next
Aug 04Modine Manufacturing: Data Center Boom Remains A Tailwind - Reiterate Buy
Aug 03Modine Manufacturing (NYSE:MOD) Is Doing The Right Things To Multiply Its Share Price
Jul 31Modine Manufacturing: Entering Unsustainable Territory Now
Jul 24Modine Manufacturing Company's (NYSE:MOD) 25% Jump Shows Its Popularity With Investors
Jul 17Here's Why Modine Manufacturing (NYSE:MOD) Has Caught The Eye Of Investors
Jul 11Modine Manufacturing (NYSE:MOD) Has A Pretty Healthy Balance Sheet
Jun 09Modine Manufacturing: AI Growth Stock Surged More Than 250% In One Year
May 29A Look At The Intrinsic Value Of Modine Manufacturing Company (NYSE:MOD)
May 05Modine Manufacturing: The Rally Went Too Far
Apr 23Modine Manufacturing Stock: A Downgrade Looks Logical
Apr 16Investors Should Be Encouraged By Modine Manufacturing's (NYSE:MOD) Returns On Capital
Apr 08Here's Why We Think Modine Manufacturing (NYSE:MOD) Is Well Worth Watching
Mar 25Modine Manufacturing: AI Exposure No Longer Under The Radar
Mar 06We Think Modine Manufacturing (NYSE:MOD) Can Stay On Top Of Its Debt
Mar 01Subdued Growth No Barrier To Modine Manufacturing Company (NYSE:MOD) With Shares Advancing 25%
Feb 17Is There An Opportunity With Modine Manufacturing Company's (NYSE:MOD) 28% Undervaluation?
Jan 23Modine Manufacturing: Accelerating Trajectory With Further Upside
Jan 11Earnings Not Telling The Story For Modine Manufacturing Company (NYSE:MOD)
Dec 27Modine Manufacturing: Expect More Restructuring And Acquisitions For Next Phase Of Growth
Nov 26Modine Manufacturing Stock Now Has Even Bigger Potential Upside
Nov 08Rare Stock Picks In September 2023 - From 32 Discerning Analysts
Oct 06Special Situations Report: Modine Manufacturing
Sep 14Financial Position Analysis
Short Term Liabilities: MOD's short term assets ($952.6M) exceed its short term liabilities ($536.9M).
Long Term Liabilities: MOD's short term assets ($952.6M) exceed its long term liabilities ($511.3M).
Debt to Equity History and Analysis
Debt Level: MOD's net debt to equity ratio (37.3%) is considered satisfactory.
Reducing Debt: MOD's debt to equity ratio has reduced from 87.8% to 46.4% over the past 5 years.
Debt Coverage: MOD's debt is well covered by operating cash flow (50.1%).
Interest Coverage: MOD's interest payments on its debt are well covered by EBIT (12.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 17:48 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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 here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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 .
Analyst Sources
Modine Manufacturing Company is covered by 15 analysts. 7 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. |