Monalisa Minority Interest vs Other Operating Expenses Analysis

002918 Stock   8.95  0.15  1.70%   
Monalisa Group financial indicator trend analysis is infinitely more than just investigating Monalisa Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Monalisa Group is a good investment. Please check the relationship between Monalisa Group Minority Interest and its Other Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Monalisa Group Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Minority Interest vs Other Operating Expenses

Minority Interest vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Monalisa Group Minority Interest account and Other Operating Expenses. At this time, the significance of the direction appears to have pay attention.
The correlation between Monalisa Group's Minority Interest and Other Operating Expenses is -0.84. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Monalisa Group Co, assuming nothing else is changed. The correlation between historical values of Monalisa Group's Minority Interest and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of Monalisa Group Co are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Minority Interest i.e., Monalisa Group's Minority Interest and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.84
Relationship DirectionNegative 
Relationship StrengthSignificant

Minority Interest

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 Monalisa Group Co whose combined shares represent less than 50% of the total outstanding shares issued by Monalisa Group have a minority interest in Monalisa Group.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Monalisa Group. It is also known as Monalisa Group overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from Monalisa Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Monalisa Group current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Monalisa Group Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current year's Selling General Administrative is expected to grow to about 592.5 M, whereas Tax Provision is forecasted to decline to about 29.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit2.0B1.5B1.7B1.6B
Total Revenue7.0B6.2B5.9B5.0B

Monalisa Group fundamental ratios Correlations

-0.66-0.72-0.27-0.84-0.65-0.33-0.440.0-0.4-0.7-0.54-0.72-0.29-0.23-0.12-0.16-0.11-0.42-0.57-0.59-0.280.01-0.550.010.33
-0.660.960.650.920.960.80.930.420.880.980.910.980.870.540.780.560.780.880.830.850.850.230.95-0.5-0.42
-0.720.960.550.90.950.790.920.350.90.980.950.970.830.440.740.670.730.910.850.890.840.170.97-0.49-0.33
-0.270.650.550.490.660.890.710.630.70.620.610.620.770.980.730.210.720.640.380.760.720.440.63-0.61-0.42
-0.840.920.90.490.870.610.760.240.690.940.790.940.640.410.520.450.510.710.830.750.620.030.83-0.23-0.45
-0.650.960.950.660.870.830.930.460.910.950.930.930.890.570.790.560.780.90.730.940.870.250.93-0.46-0.24
-0.330.80.790.890.610.830.920.560.920.820.860.790.940.820.90.590.90.90.640.90.930.430.87-0.76-0.36
-0.440.930.920.710.760.930.920.560.990.930.970.90.970.590.940.710.930.980.780.890.980.330.98-0.69-0.29
0.00.420.350.630.240.460.560.560.590.370.560.330.650.490.690.160.680.570.10.480.640.220.46-0.440.02
-0.40.880.90.70.690.910.920.990.590.890.960.850.980.580.940.70.940.990.720.890.990.390.96-0.72-0.19
-0.70.980.980.620.940.950.820.930.370.890.940.990.840.520.750.640.750.90.880.880.840.160.97-0.51-0.45
-0.540.910.950.610.790.930.860.970.560.960.940.890.910.480.860.740.860.980.780.90.930.170.98-0.58-0.24
-0.720.980.970.620.940.930.790.90.330.850.990.890.810.530.710.570.710.850.860.860.80.180.94-0.51-0.52
-0.290.870.830.770.640.890.940.970.650.980.840.910.810.660.980.620.970.950.640.870.990.430.91-0.73-0.21
-0.230.540.440.980.410.570.820.590.490.580.520.480.530.660.610.110.60.510.30.690.60.450.51-0.55-0.43
-0.120.780.740.730.520.790.90.940.690.940.750.860.710.980.610.671.00.920.620.770.980.390.86-0.74-0.16
-0.160.560.670.210.450.560.590.710.160.70.640.740.570.620.110.670.680.760.790.550.7-0.130.76-0.38-0.1
-0.110.780.730.720.510.780.90.930.680.940.750.860.710.970.61.00.680.920.620.760.980.380.86-0.74-0.16
-0.420.880.910.640.710.90.90.980.570.990.90.980.850.950.510.920.760.920.760.880.980.290.97-0.69-0.2
-0.570.830.850.380.830.730.640.780.10.720.880.780.860.640.30.620.790.620.760.620.68-0.010.87-0.36-0.43
-0.590.850.890.760.750.940.90.890.480.890.880.90.860.870.690.770.550.760.880.620.850.250.88-0.55-0.29
-0.280.850.840.720.620.870.930.980.640.990.840.930.80.990.60.980.70.980.980.680.850.390.93-0.74-0.18
0.010.230.170.440.030.250.430.330.220.390.160.170.180.430.450.39-0.130.380.29-0.010.250.390.22-0.680.14
-0.550.950.970.630.830.930.870.980.460.960.970.980.940.910.510.860.760.860.970.870.880.930.22-0.62-0.34
0.01-0.5-0.49-0.61-0.23-0.46-0.76-0.69-0.44-0.72-0.51-0.58-0.51-0.73-0.55-0.74-0.38-0.74-0.69-0.36-0.55-0.74-0.68-0.620.33
0.33-0.42-0.33-0.42-0.45-0.24-0.36-0.290.02-0.19-0.45-0.24-0.52-0.21-0.43-0.16-0.1-0.16-0.2-0.43-0.29-0.180.14-0.340.33
Click cells to compare fundamentals

Monalisa Group Account Relationship Matchups

Monalisa Group fundamental ratios Accounts

201920202021202220232024 (projected)
Other Liab3.8M1.7M14.7M13.3M12.0M8.4M
Net Tangible Assets2.5B2.7B3.2B3.5B4.1B2.4B
Retained Earnings1.3B1.7B1.9B1.4B1.4B1.2B
Other Assets103.5M90.6M109.6M482.5M554.9M582.6M
Deferred Long Term Liab23.4M24.1M22.9M18.5M21.3M16.7M
Common Stock403.3M406.1M414.9M415.2M477.5M312.2M
Property Plant Equipment562.8M1.1B2.2B3.8B4.3B4.6B
Total Assets5.2B7.6B11.2B10.2B9.7B7.4B
Other Current Liab398.9M347.8M453.6M1.5B501.3M556.0M
Total Current Liabilities2.1B3.4B4.5B4.2B3.8B3.1B
Total Stockholder Equity2.9B3.5B3.8B3.3B3.5B3.1B
Accounts Payable1.6B1.9B2.5B2.3B1.6B1.7B
Cash1.6B2.1B2.1B1.8B2.1B1.8B
Non Current Assets Total1.4B2.5B4.2B4.6B4.5B2.6B
Non Currrent Assets Other54.7M28.8M21.3M192.1M313.3M329.0M
Long Term Debt140M594.1M2.3B2.3B2.0B1.0B
Net Receivables1.0B815.8M2.7B1.0B852.1M1.2B
Non Current Liabilities Total143.8M595.8M2.5B2.4B2.1B1.1B
Inventory1.1B1.5B2.1B1.8B1.5B1.4B
Other Current Assets52.8M60.2M127.8M48.6M67.5M71.6M
Other Stockholder Equity703.6K681.1K191.9M191.9M220.7M231.7M
Total Liab2.3B4.0B7.0B6.6B5.9B4.2B
Short Long Term Debt18.7M368M180M270.1M405.7M245.5M
Total Current Assets3.8B5.1B7.0B5.6B5.2B4.8B
Non Current Liabilities Other45M100M140M0.010.0090.00855
Intangible Assets195.1M213.5M283.1M305.8M301.9M217.3M
Common Stock Shares Outstanding403.3M406.1M414.9M415.2M415.2M449.3M
Net Invested Capital3.1B4.4B6.3B5.8B5.8B4.8B
Net Working Capital1.7B1.7B2.5B1.4B1.4B1.4B
Capital Stock403.3M406.1M414.9M415.2M415.2M420.1M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Monalisa Stock

Balance Sheet is a snapshot of the financial position of Monalisa Group at a specified time, usually calculated after every quarter, six months, or one year. Monalisa Group Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Monalisa Group and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Monalisa currently owns. An asset can also be divided into two categories, current and non-current.