Purple Minority Interest from 2010 to 2024

PPBT Stock  USD 2.64  0.10  3.65%   
Purple Biotech Minority Interest yearly trend continues to be comparatively stable with very little volatility. Minority Interest will likely drop to about 92.2 K in 2024. From the period from 2010 to 2024, Purple Biotech Minority Interest quarterly data regression had r-value of (0.91) and coefficient of variation of  69.73. View All Fundamentals
 
Minority Interest  
First Reported
2019-09-30
Previous Quarter
19 K
Current Value
10 K
Quarterly Volatility
183.7 K
 
Covid
Check Purple Biotech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Purple Biotech's main balance sheet or income statement drivers, such as Depreciation And Amortization of 208.9 K, Interest Expense of 2.3 M or Selling General Administrative of 4.6 M, as well as many indicators such as Price To Sales Ratio of 84.89, Dividend Yield of 0.088 or PTB Ratio of 0.49. Purple financial statements analysis is a perfect complement when working with Purple Biotech Valuation or Volatility modules.
  
Check out the analysis of Purple Biotech Correlation against competitors.
For more information on how to buy Purple Stock please use our How to Invest in Purple Biotech guide.

Latest Purple Biotech's Minority Interest Growth Pattern

Below is the plot of the Minority Interest of Purple Biotech 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 Purple Biotech whose combined shares represent less than 50% of the total outstanding shares issued by Purple Biotech have a minority interest in Purple Biotech. It is Purple Biotech's Minority Interest historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Purple Biotech's overall financial position and show how it may be relating to other accounts over time.
Minority Interest10 Years Trend
Slightly volatile
   Minority Interest   
       Timeline  

Purple Minority Interest Regression Statistics

Arithmetic Mean792,477
Geometric Mean507,422
Coefficient Of Variation69.73
Mean Deviation520,025
Median1,280,000
Standard Deviation552,611
Sample Variance305.4B
Range1.2M
R-Value(0.91)
Mean Square Error58.5B
R-Squared0.82
Slope(112,039)
Total Sum of Squares4.3T

Purple Minority Interest History

202492.2 K
202397 K
202292 K
202184 K
2020363 K
2019438 K
2018481 K

About Purple Biotech Financial Statements

Purple Biotech shareholders use historical fundamental indicators, such as Minority Interest, to determine how well the company is positioned to perform in the future. Although Purple Biotech investors may analyze each financial statement separately, they are all interrelated. The changes in Purple Biotech's assets and liabilities, for example, are also reflected in the revenues and expenses on on Purple Biotech's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Minority Interest97 K92.2 K

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Purple Stock Analysis

When running Purple Biotech's price analysis, check to measure Purple Biotech'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 Purple Biotech is operating at the current time. Most of Purple Biotech's value examination focuses on studying past and present price action to predict the probability of Purple Biotech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Purple Biotech's price. Additionally, you may evaluate how the addition of Purple Biotech to your portfolios can decrease your overall portfolio volatility.