Virax Minority Interest from 2010 to 2024

VRAX Stock  USD 1.94  0.06  3.19%   
Virax Biolabs Minority Interest yearly trend continues to be fairly stable with very little volatility. Minority Interest will likely drop to 5,304 in 2024. During the period from 2010 to 2024, Virax Biolabs Minority Interest regression line of annual values had r-squared of  0.36 and arithmetic mean of  24,291. View All Fundamentals
 
Minority Interest  
First Reported
2010-12-31
Previous Quarter
5.6 K
Current Value
5.3 K
Quarterly Volatility
11.3 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Virax Biolabs financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Virax Biolabs' main balance sheet or income statement drivers, such as Tax Provision of 0.0, Depreciation And Amortization of 97.9 K or Interest Expense of 28.3 K, as well as many indicators such as Price To Sales Ratio of 8.96, Dividend Yield of 0.0 or PTB Ratio of 0.29. Virax financial statements analysis is a perfect complement when working with Virax Biolabs Valuation or Volatility modules.
  
Check out the analysis of Virax Biolabs Correlation against competitors.

Latest Virax Biolabs' Minority Interest Growth Pattern

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

Virax Minority Interest Regression Statistics

Arithmetic Mean24,291
Geometric Mean17,069
Coefficient Of Variation46.65
Mean Deviation8,543
Median29,023
Standard Deviation11,332
Sample Variance128.4M
Range40.8K
R-Value(0.60)
Mean Square Error89M
R-Squared0.36
Significance0.02
Slope(1,513)
Total Sum of Squares1.8B

Virax Minority Interest History

2024 5303.85
2023 5583.0
2022 269.0
202141 K
202021.9 K

About Virax Biolabs Financial Statements

Virax Biolabs investors use historical fundamental indicators, such as Virax Biolabs' Minority Interest, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Virax Biolabs. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Minority Interest5.6 K5.3 K

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Additional Tools for Virax Stock Analysis

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