Biogen Minority Interest from 2010 to 2024

BIIB Stock  USD 158.01  2.01  1.29%   
Biogen's Minority Interest is increasing over the years with stable fluctuation. Overall, Minority Interest is projected to go to about -380 K this year. From 2010 to 2024 Biogen Minority Interest quarterly data regression line had arithmetic mean of  38,972,733 and r-squared of  0.07. View All Fundamentals
 
Minority Interest  
First Reported
2000-03-31
Previous Quarter
0.0
Current Value
0.0
Quarterly Volatility
66.2 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Biogen financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Biogen's main balance sheet or income statement drivers, such as Depreciation And Amortization of 257.5 M, Interest Expense of 259.2 M or Selling General Administrative of 2.6 B, as well as many indicators such as Price To Sales Ratio of 3.62, Dividend Yield of 0.0022 or PTB Ratio of 2.4. Biogen financial statements analysis is a perfect complement when working with Biogen Valuation or Volatility modules.
  
Check out the analysis of Biogen Correlation against competitors.

Latest Biogen's Minority Interest Growth Pattern

Below is the plot of the Minority Interest of Biogen Inc over the last few years. Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Biogen Inc whose combined shares represent less than 50% of the total outstanding shares issued by Biogen have a minority interest in Biogen. It is Biogen's Minority Interest historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Biogen's overall financial position and show how it may be relating to other accounts over time.
Minority Interest10 Years Trend
Pretty Stable
   Minority Interest   
       Timeline  

Biogen Minority Interest Regression Statistics

Arithmetic Mean38,972,733
Geometric Mean13,263,830
Coefficient Of Variation137.08
Mean Deviation40,448,480
Median6,781,000
Standard Deviation53,422,476
Sample Variance2854T
Range178.6M
R-Value0.27
Mean Square Error2843.7T
R-Squared0.07
Significance0.32
Slope3,266,536
Total Sum of Squares39955.5T

Biogen Minority Interest History

2024-380 K
2023-400 K
202285.3 M
2021171.5 M
202059.9 M
2019-4.1 M
201843.3 M

About Biogen Financial Statements

Biogen stakeholders use historical fundamental indicators, such as Biogen's Minority Interest, to determine how well the company is positioned to perform in the future. Although Biogen investors may analyze each financial statement separately, they are all interrelated. For example, changes in Biogen's assets and liabilities are reflected in the revenues and expenses on Biogen's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Biogen Inc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Minority Interest-400 K-380 K

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When determining whether Biogen Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Biogen's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Biogen Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Biogen Inc Stock:
Check out the analysis of Biogen Correlation against competitors.
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Is Biotechnology 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 Biogen. If investors know Biogen 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 Biogen 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
(0.02)
Earnings Share
11.06
Revenue Per Share
66.122
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0499
The market value of Biogen Inc is measured differently than its book value, which is the value of Biogen that is recorded on the company's balance sheet. Investors also form their own opinion of Biogen's value that differs from its market value or its book value, called intrinsic value, which is Biogen'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 Biogen's market value can be influenced by many factors that don't directly affect Biogen'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 Biogen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Biogen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Biogen'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.