Tibet Total Other Income Expense Net vs Minority Interest Analysis

600338 Stock   12.17  0.76  5.88%   
Tibet Summit financial indicator trend analysis is much more than just breaking down Tibet Summit Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tibet Summit Resources is a good investment. Please check the relationship between Tibet Summit Total Other Income Expense Net and its Minority Interest accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Tibet Summit Resources. 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.

Total Other Income Expense Net vs Minority Interest

Total Other Income Expense Net vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tibet Summit Resources Total Other Income Expense Net account and Minority Interest. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Tibet Summit's Total Other Income Expense Net and Minority Interest is -0.33. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Tibet Summit Resources, assuming nothing else is changed. The correlation between historical values of Tibet Summit's Total Other Income Expense Net 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 Total Other Income Expense Net of Tibet Summit Resources 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 Total Other Income Expense Net i.e., Tibet Summit's Total Other Income Expense Net and Minority Interest go up and down completely randomly.

Correlation Coefficient

-0.33
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Other Income Expense Net

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 Tibet Summit Resources whose combined shares represent less than 50% of the total outstanding shares issued by Tibet Summit have a minority interest in Tibet Summit.
Most indicators from Tibet Summit's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tibet Summit Resources 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 Tibet Summit Resources. 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 25, 2024, Selling General Administrative is expected to decline to about 127.2 M. In addition to that, Tax Provision is expected to decline to about 13.8 M
 2021 2022 2023 2024 (projected)
Operating Income985.8M553.7M115.9M110.1M
Total Revenue2.0B2.0B1.5B1.2B

Tibet Summit fundamental ratios Correlations

0.060.970.980.920.610.14-0.040.30.480.710.940.530.910.92-0.22-0.540.09-0.530.93-0.9-0.760.880.370.490.9
0.060.00.10.27-0.490.110.39-0.01-0.23-0.410.0-0.380.240.2-0.21-0.170.150.350.19-0.32-0.210.29-0.1-0.020.32
0.970.00.910.840.670.15-0.060.290.410.750.980.490.850.89-0.13-0.520.01-0.610.87-0.86-0.70.810.390.50.84
0.980.10.910.930.60.04-0.020.230.510.680.860.570.940.94-0.35-0.540.15-0.490.95-0.91-0.820.880.260.380.9
0.920.270.840.930.40.08-0.070.290.390.50.820.50.870.89-0.24-0.580.19-0.250.98-0.92-0.770.90.270.420.97
0.61-0.490.670.60.4-0.4-0.26-0.180.420.940.570.750.520.67-0.4-0.2-0.17-0.850.49-0.54-0.660.28-0.13-0.090.34
0.140.110.150.040.08-0.40.040.480.15-0.250.3-0.44-0.01-0.150.5-0.08-0.020.250.060.060.320.310.780.730.16
-0.040.39-0.06-0.02-0.07-0.260.04-0.13-0.27-0.11-0.07-0.320.250.030.13-0.34-0.130.06-0.10.06-0.020.20.2-0.090.05
0.3-0.010.290.230.29-0.180.48-0.130.1-0.180.39-0.350.17-0.010.44-0.20.660.190.32-0.010.330.320.520.890.38
0.48-0.230.410.510.390.420.15-0.270.10.370.370.410.30.36-0.480.150.05-0.140.47-0.34-0.350.40.110.140.43
0.71-0.410.750.680.50.94-0.25-0.11-0.180.370.660.690.650.75-0.31-0.33-0.2-0.890.57-0.6-0.720.470.060.020.44
0.940.00.980.860.820.570.3-0.070.390.370.660.40.790.810.03-0.50.0-0.530.83-0.8-0.590.80.520.620.83
0.53-0.380.490.570.50.75-0.44-0.32-0.350.410.690.40.420.63-0.4-0.13-0.31-0.460.48-0.6-0.720.28-0.16-0.250.35
0.910.240.850.940.870.52-0.010.250.170.30.650.790.420.93-0.32-0.650.15-0.50.88-0.86-0.810.860.210.310.85
0.920.20.890.940.890.67-0.150.03-0.010.360.750.810.630.93-0.43-0.52-0.03-0.590.89-0.96-0.930.80.090.160.84
-0.22-0.21-0.13-0.35-0.24-0.40.50.130.44-0.48-0.310.03-0.4-0.32-0.43-0.13-0.140.27-0.290.410.63-0.130.680.5-0.17
-0.54-0.17-0.52-0.54-0.58-0.2-0.08-0.34-0.20.15-0.33-0.5-0.13-0.65-0.52-0.13-0.120.19-0.540.490.41-0.61-0.31-0.33-0.56
0.090.150.010.150.19-0.17-0.02-0.130.660.05-0.20.0-0.310.15-0.03-0.14-0.120.20.250.040.150.16-0.150.420.22
-0.530.35-0.61-0.49-0.25-0.850.250.060.19-0.14-0.89-0.53-0.46-0.5-0.590.270.190.2-0.330.440.56-0.25-0.010.02-0.2
0.930.190.870.950.980.490.06-0.10.320.470.570.830.480.880.89-0.29-0.540.25-0.33-0.89-0.760.90.250.430.97
-0.9-0.32-0.86-0.91-0.92-0.540.060.06-0.01-0.34-0.6-0.8-0.6-0.86-0.960.410.490.040.44-0.890.9-0.78-0.09-0.19-0.86
-0.76-0.21-0.7-0.82-0.77-0.660.32-0.020.33-0.35-0.72-0.59-0.72-0.81-0.930.630.410.150.56-0.760.9-0.660.140.16-0.68
0.880.290.810.880.90.280.310.20.320.40.470.80.280.860.8-0.13-0.610.16-0.250.9-0.78-0.660.50.530.94
0.37-0.10.390.260.27-0.130.780.20.520.110.060.52-0.160.210.090.68-0.31-0.15-0.010.25-0.090.140.50.760.36
0.49-0.020.50.380.42-0.090.73-0.090.890.140.020.62-0.250.310.160.5-0.330.420.020.43-0.190.160.530.760.49
0.90.320.840.90.970.340.160.050.380.430.440.830.350.850.84-0.17-0.560.22-0.20.97-0.86-0.680.940.360.49
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Tibet Summit Account Relationship Matchups

Tibet Summit fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.2B3.8B4.0B5.3B5.5B5.8B
Other Current Liab278.6M820.6M615.1M10.8M11.2M10.6M
Total Current Liabilities1.4B1.6B1.2B1.8B2.2B2.4B
Total Stockholder Equity2.8B2.1B2.8B3.5B3.2B3.3B
Retained Earnings2.5B2.3B3.0B3.0B2.8B1.9B
Accounts Payable208.7M133.4M114.2M447.7M660.7M693.7M
Cash205.6M293.9M104.4M58.6M21.6M20.5M
Other Assets37.6M17.9M119.9M22.8M26.2M46.6M
Net Receivables1.5B64.2M55.0M63.7M34.5M32.7M
Inventory162.3M113.7M127.8M208.4M202.6M132.3M
Other Current Assets56.5M29.0M42.7M179.7M356.1M373.9M
Total Liab1.5B1.7B1.2B1.9B2.3B2.4B
Intangible Assets1.5M1.1M99.2M279.3M151.2M158.7M
Property Plant Equipment1.6B2.0B3.0B3.3B3.8B4.0B
Net Tangible Assets2.2B2.7B2.1B2.7B3.1B2.1B
Other Stockholder Equity(699.1M)(705.6M)(1.1B)(1.1B)(1.0B)(1.1B)
Deferred Long Term Liab8.9M6.4M3.5M2.4M2.2M2.1M
Total Current Assets2.1B632.0M513.5M641.0M708.4M956.6M
Non Current Assets Total2.0B3.1B3.5B4.7B4.8B3.1B
Non Currrent Assets Other4.1M1.4B1.3B1.4B1.4B773.7M
Non Current Liabilities Total0.0110.1M16.0M64.1M23.6M22.5M
Net Invested Capital2.7B2.3B3.0B3.7B3.5B3.5B
Net Working Capital706.3M(994.3M)(703.9M)(1.2B)(1.5B)(1.5B)

Currently Active Assets on Macroaxis

Other Information on Investing in Tibet Stock

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