600406 Stock | | | 24.61 0.39 1.56% |
NARI Technology financial indicator trend analysis is infinitely more than just investigating NARI Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NARI Technology is a good investment. Please check the relationship between NARI Technology Minority Interest and its Total Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in NARI Technology 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 Total Revenue
Minority Interest vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
NARI Technology Minority Interest account and
Total Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between NARI Technology's Minority Interest and Total Revenue is -0.07. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Total Revenue in the same time period over historical financial statements of NARI Technology Co, assuming nothing else is changed. The correlation between historical values of NARI Technology's Minority Interest and Total Revenue 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 NARI Technology Co are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Minority Interest i.e., NARI Technology's Minority Interest and Total Revenue go up and down completely randomly.
Correlation Coefficient | -0.07 |
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 NARI Technology Co whose combined shares represent less than 50% of the total outstanding shares issued by NARI Technology have a minority interest in NARI Technology.
Total Revenue
Total revenue comprises all receipts NARI Technology generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from NARI Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NARI Technology 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 NARI Technology 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.
As of November 29, 2024,
Selling General Administrative is expected to decline to about 951.4
M. In addition to that,
Tax Provision is expected to decline to about 743.5
M | 2021 | 2022 | 2023 | 2024 (projected) |
Operating Income | 6.9B | 7.6B | 8.1B | 8.5B | Total Revenue | 42.4B | 46.8B | 51.6B | 54.2B |
NARI Technology fundamental ratios Correlations
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NARI Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NARI Technology fundamental ratios Accounts
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Other Information on Investing in NARI Stock
Balance Sheet is a snapshot of the
financial position of NARI Technology at a specified time, usually calculated after every quarter, six months, or one year. NARI Technology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of NARI Technology 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 NARI currently owns. An asset can also be divided into two categories, current and non-current.