300364 Stock | | | 28.71 0.88 3.16% |
COL Digital financial indicator trend analysis is way more than just evaluating COL Digital Publishing prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether COL Digital Publishing is a good investment. Please check the relationship between COL Digital Minority Interest and its Income Before Tax accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in COL Digital Publishing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Minority Interest vs Income Before Tax
Minority Interest vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
COL Digital Publishing Minority Interest account and
Income Before Tax. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between COL Digital's Minority Interest and Income Before Tax is -0.05. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of COL Digital Publishing, assuming nothing else is changed. The correlation between historical values of COL Digital's Minority Interest and Income Before Tax 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 COL Digital Publishing are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Minority Interest i.e., COL Digital's Minority Interest and Income Before Tax go up and down completely randomly.
Correlation Coefficient | -0.05 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
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 COL Digital Publishing whose combined shares represent less than 50% of the total outstanding shares issued by COL Digital have a minority interest in COL Digital.
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on COL Digital income statement and is an important metric when analyzing COL Digital Publishing profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from COL Digital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into COL Digital Publishing 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 COL Digital Publishing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
As of November 26, 2024,
Selling General Administrative is expected to decline to about 300.6
M. The current year's
Tax Provision is expected to grow to about (1.5
M)
COL Digital fundamental ratios Correlations
Click cells to compare fundamentals
COL Digital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
COL Digital fundamental ratios Accounts
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Other Information on Investing in COL Stock
Balance Sheet is a snapshot of the
financial position of COL Digital Publishing at a specified time, usually calculated after every quarter, six months, or one year. COL Digital Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of COL Digital 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 COL currently owns. An asset can also be divided into two categories, current and non-current.