Suzhou Tax Provision vs Minority Interest Analysis

300751 Stock   123.40  0.42  0.34%   
Suzhou Maxwell financial indicator trend analysis is much more than just breaking down Suzhou Maxwell Techn prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Suzhou Maxwell Techn is a good investment. Please check the relationship between Suzhou Maxwell Tax Provision and its Minority Interest accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Suzhou Maxwell Technologies. 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.

Tax Provision vs Minority Interest

Tax Provision vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Suzhou Maxwell Techn Tax Provision account and Minority Interest. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Suzhou Maxwell's Tax Provision and Minority Interest is 0.52. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Suzhou Maxwell Technologies, assuming nothing else is changed. The correlation between historical values of Suzhou Maxwell's Tax Provision and Minority Interest is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of Suzhou Maxwell Technologies are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Tax Provision i.e., Suzhou Maxwell's Tax Provision and Minority Interest go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

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 Suzhou Maxwell Technologies whose combined shares represent less than 50% of the total outstanding shares issued by Suzhou Maxwell have a minority interest in Suzhou Maxwell.
Most indicators from Suzhou Maxwell's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Suzhou Maxwell Techn 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 Suzhou Maxwell Technologies. 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.
The current year's Tax Provision is expected to grow to about 103.6 M. The current year's Selling General Administrative is expected to grow to about 755.2 M
 2021 2022 2023 2024 (projected)
Gross Profit1.2B1.6B2.5B2.6B
Total Revenue3.1B4.1B8.1B8.5B

Suzhou Maxwell fundamental ratios Correlations

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0.980.580.960.970.970.971.00.970.880.940.940.990.970.850.950.82-0.740.950.980.920.980.850.750.940.98
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Suzhou Maxwell Account Relationship Matchups

Suzhou Maxwell fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.0B4.7B9.8B14.5B23.2B24.4B
Other Current Liab1.4B1.7B2.5B4.5B832.2M790.6M
Total Current Liabilities2.6B2.8B3.9B7.9B15.2B16.0B
Total Stockholder Equity1.4B1.7B5.9B6.5B7.1B7.5B
Other Liab7.4M31.3M36.7M90.2M103.8M108.9M
Net Tangible Assets1.3B1.7B5.8B6.3B7.2B7.6B
Retained Earnings590.0M926.6M1.5B2.2B2.7B2.8B
Accounts Payable958.8M929.6M1.2B3.0B4.8B5.1B
Cash767.1M763.0M2.7B3.5B3.3B1.7B
Non Current Assets Total285.8M439.6M764.1M1.7B3.7B3.9B
Non Currrent Assets Other37.6M19.1M29.2M188.7M149.8M157.3M
Other Assets50.5M79.2M168.8M333.7M383.7M402.9M
Net Receivables675.3M586.6M1.6B1.4B2.4B2.5B
Non Current Liabilities Total7.4M122.3M46.6M174.4M951.4M998.9M
Inventory2.1B2.1B2.8B5.3B10.8B11.3B
Other Current Assets210.4M81.4M190.4M719.2M412.5M235.9M
Total Liab2.6B2.9B3.9B8.1B16.2B17.0B
Deferred Long Term Liab3.7M13.0M14.2M42.0M48.3M50.7M
Short Long Term Debt126.2M197.2M65M201M416.5M437.3M
Total Current Assets3.7B4.2B9.0B12.9B19.5B20.5B
Non Current Liabilities Other3.5M14.2M24.8M49.1M30.9M17.7M
Intangible Assets16.0M39.4M39.0M188.3M270.6M284.1M
Property Plant Equipment219.4M316.7M422.9M725.7M834.6M876.3M
Net Invested Capital1.6B1.9B5.9B6.7B8.3B8.8B
Net Working Capital1.1B1.4B5.1B4.9B4.3B2.9B

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Other Information on Investing in Suzhou Stock

Balance Sheet is a snapshot of the financial position of Suzhou Maxwell Techn at a specified time, usually calculated after every quarter, six months, or one year. Suzhou Maxwell Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Suzhou Maxwell 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 Suzhou currently owns. An asset can also be divided into two categories, current and non-current.