Modine Manufacturing Company (MOD) financial statements (2021 and earlier)

Company profile

Business Address 1500 DEKOVEN AVE
RACINE, WI 53403
State of Incorp. WI
Fiscal Year End March 31
SIC 3714 - Motor Vehicle Parts and Accessories (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
TTM
3/31/2020
3/31/2019
3/31/2018
3/31/2017
3/31/2016
3/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments73714239346974
Cash and cash equivalents73714239346971
Short-term investments      3
Receivables234293339342295189193
Inventory, net of allowances, customer advances and progress billings191207201191169111108
Inventory191207201191169111108
Disposal group, including discontinued operation93      
Deferred tax assets    13
Other current assets40636670554480
Other undisclosed current assets      (3)
Total current assets:629633647643553413464
Noncurrent Assets
Property, plant and equipment305448485504459339322
Intangible assets, net (including goodwill)2772722853042992426
Goodwill1721661691741651616
Intangible assets, net (excluding goodwill)105106116130134810
Deferred income tax assets25105
Other noncurrent assets70782525302317
Deferred tax assets, net9797108123103
Total noncurrent assets:677903891930896508467
TOTAL ASSETS:1,3071,5361,5381,5731,450921932
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities266292363375305201209
Accounts payable201227281278230142152
Employee-related liabilities65658297755957
Debt2330115931053719
Disposal group, including discontinued operation83      
Deferred tax liabilities    (0)
Other liabilities50494047453683
Other undisclosed current liabilities      0
Total current liabilities:421372517516455274311
Noncurrent Liabilities
Long-term debt and lease obligation, including:342452335386406126130
Finance lease, liability33
Operating lease, liability4750
Other undisclosed long-term debt and lease obligation292398335386406126130
Liabilities, other than long-term debt195219145173167139130
Deferred tax liabilities, net8101043
Deferred income tax liabilities68
Liability, pension and other postretirement and postemployment benefits109131102110119119110
Other liabilities80803554381616
Total noncurrent liabilities:537671480559573265260
Total liabilities:9581,0439971,0751,028538571
Stockholders' equity
Stockholders' equity attributable to parent342488534490414376356
Common stock34333333323130
Treasury stock, value(38)(37)(31)(27)(25)(24)(16)
Additional paid in capital249245239230216186181
Accumulated other comprehensive loss(178)(223)(178)(140)(182)(174)(199)
Retained earnings274470472395372358360
Stockholders' equity attributable to noncontrolling interest7678775
Total stockholders' equity:349494541499421383361
TOTAL LIABILITIES AND EQUITY:1,3071,5361,5381,5731,450921932

Income statement (P&L) ($ in millions)

12/31/2020
TTM
3/31/2020
3/31/2019
3/31/2018
3/31/2017
3/31/2016
3/31/2015
Revenues1,6131,9762,2132,1031,5031,3531,496
Revenue, net2,1031,5031,3531,496
Cost of revenue
(Cost of Goods and Services Sold)
(1,370)(1,668)(1,847)(1,747)(1,250)(1,129)(1,250)
Gross profit:243308366357253224247
Operating expenses(381)(270)(254)(264)(216)(231)(262)
Other undisclosed operating income (loss)11(2) 2 68
Operating income (loss):(137)381109239(8)53
Nonoperating income (expense)(3)(5)(4)(3)(1)9(0)
Investment income, nonoperating0     1
Foreign currency transaction gain (loss), before tax1     (1)
Other nonoperating income (expense)(4)(5)(4)(3)(1)90
Interest and debt expense(19)(23)(25)(26)(17)(11)(12)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(1)     0
Income (loss) from continuing operations before equity method investments, income taxes:(159)10816321(10)41
Income from equity method investments      1
Income (loss) from continuing operations before income taxes:(159)10816321(10)42
Income tax expense (benefit)(117)(12)5(40)(6)9(19)
Other undisclosed loss from continuing operations      (1)
Income (loss) from continuing operations:(276)(2)862415(1)22
Income from discontinued operations      1
Net income (loss):(276)(2)862415(1)23
Net loss attributable to noncontrolling interest (0)(1)(2)(1)(1)(1)
Net income (loss) attributable to parent:(276)(2)852214(2)22
Other undisclosed net income (loss) available to common stockholders, basic0 (0)(0)(0) (0)
Net income (loss) available to common stockholders, diluted:(276)(2)842214(2)22

Comprehensive Income ($ in millions)

12/31/2020
TTM
3/31/2020
3/31/2019
3/31/2018
3/31/2017
3/31/2016
3/31/2015
Net income (loss):(276)(2)862415(1)23
Other comprehensive income (loss)32(45)(39)42(8)24(95)
Comprehensive income (loss):(245)(47)4766723(72)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(1)0(1)(2)(1)(1)(1)
Comprehensive income (loss), net of tax, attributable to parent:(245)(47)4764723(73)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: