Railway Minority Interest vs Gross Profit Analysis

688009 Stock   6.36  0.01  0.16%   
Railway Signal financial indicator trend analysis is much more than just breaking down Railway Signal Commu prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Railway Signal Commu is a good investment. Please check the relationship between Railway Signal Minority Interest and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Railway Signal Communication. 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 Gross Profit

Minority Interest vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Railway Signal Commu Minority Interest account and Gross Profit. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Railway Signal's Minority Interest and Gross Profit is -0.45. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Railway Signal Communication, assuming nothing else is changed. The correlation between historical values of Railway Signal's Minority Interest and Gross Profit 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 Railway Signal Communication are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Minority Interest i.e., Railway Signal's Minority Interest and Gross Profit go up and down completely randomly.

Correlation Coefficient

-0.45
Relationship DirectionNegative 
Relationship StrengthVery Weak

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 Railway Signal Communication whose combined shares represent less than 50% of the total outstanding shares issued by Railway Signal have a minority interest in Railway Signal.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Railway Signal Communication minus its cost of goods sold. It is profit before Railway Signal operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Railway Signal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Railway Signal Commu 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 Railway Signal Communication. 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 December 2, 2024, Tax Provision is expected to decline to about 574.5 M. In addition to that, Selling General Administrative is expected to decline to about 633.8 M
 2021 2022 2023 2024 (projected)
Net Interest Income345.4M149.7M388.1M229.7M
Tax Provision581.0M642.0M675.5M574.5M

Railway Signal fundamental ratios Correlations

-0.611.00.99-0.80.981.00.990.830.990.560.980.970.20.840.97-0.62-0.34-0.971.00.890.691.0-0.6-0.080.93
-0.61-0.62-0.590.81-0.57-0.58-0.55-0.47-0.69-0.56-0.58-0.630.12-0.42-0.630.340.930.49-0.62-0.77-0.92-0.590.46-0.41-0.66
1.0-0.620.98-0.810.970.991.00.780.990.60.970.960.220.840.96-0.56-0.33-0.971.00.880.70.99-0.54-0.110.91
0.99-0.590.98-0.790.990.990.980.880.980.480.970.980.170.820.98-0.68-0.33-0.950.980.890.650.99-0.68-0.050.95
-0.80.81-0.81-0.79-0.77-0.8-0.77-0.63-0.84-0.6-0.78-0.80.23-0.65-0.790.420.650.73-0.81-0.97-0.92-0.790.57-0.43-0.82
0.98-0.570.970.99-0.770.980.960.880.970.490.980.970.150.750.97-0.64-0.32-0.930.970.870.630.98-0.68-0.070.97
1.0-0.580.990.99-0.80.981.00.80.980.580.980.970.20.830.97-0.58-0.29-0.961.00.890.680.99-0.57-0.110.92
0.99-0.551.00.98-0.770.961.00.780.970.570.970.960.250.860.96-0.58-0.25-0.981.00.860.651.0-0.53-0.160.89
0.83-0.470.780.88-0.630.880.80.780.80.110.810.85-0.010.640.86-0.88-0.31-0.740.790.770.470.83-0.920.140.89
0.99-0.690.990.98-0.840.970.980.970.80.620.980.970.120.760.97-0.56-0.43-0.930.990.920.750.98-0.59-0.020.94
0.56-0.560.60.48-0.60.490.580.570.110.620.570.590.140.370.570.13-0.35-0.540.60.570.740.540.08-0.060.43
0.98-0.580.970.97-0.780.980.980.970.810.980.570.960.110.720.96-0.59-0.3-0.90.970.880.660.97-0.6-0.10.93
0.97-0.630.960.98-0.80.970.970.960.850.970.590.960.090.761.0-0.66-0.37-0.910.970.910.720.97-0.670.020.92
0.20.120.220.170.230.150.20.25-0.010.120.140.110.090.380.10.060.29-0.340.21-0.18-0.160.220.32-0.810.06
0.84-0.420.840.82-0.650.750.830.860.640.760.370.720.760.380.77-0.59-0.16-0.890.840.720.520.85-0.4-0.140.66
0.97-0.630.960.98-0.790.970.970.960.860.970.570.961.00.10.77-0.68-0.37-0.910.970.90.720.97-0.680.020.92
-0.620.34-0.56-0.680.42-0.64-0.58-0.58-0.88-0.560.13-0.59-0.660.06-0.59-0.680.220.5-0.57-0.6-0.31-0.630.87-0.17-0.63
-0.340.93-0.33-0.330.65-0.32-0.29-0.25-0.31-0.43-0.35-0.3-0.370.29-0.16-0.370.220.2-0.33-0.57-0.8-0.310.43-0.61-0.46
-0.970.49-0.97-0.950.73-0.93-0.96-0.98-0.74-0.93-0.54-0.9-0.91-0.34-0.89-0.910.50.2-0.97-0.8-0.58-0.970.470.19-0.85
1.0-0.621.00.98-0.810.971.01.00.790.990.60.970.970.210.840.97-0.57-0.33-0.970.890.71.0-0.55-0.10.91
0.89-0.770.880.89-0.970.870.890.860.770.920.570.880.91-0.180.720.9-0.6-0.57-0.80.890.870.88-0.680.330.88
0.69-0.920.70.65-0.920.630.680.650.470.750.740.660.72-0.160.520.72-0.31-0.8-0.580.70.870.66-0.430.430.69
1.0-0.590.990.99-0.790.980.991.00.830.980.540.970.970.220.850.97-0.63-0.31-0.971.00.880.66-0.6-0.10.92
-0.60.46-0.54-0.680.57-0.68-0.57-0.53-0.92-0.590.08-0.6-0.670.32-0.4-0.680.870.430.47-0.55-0.68-0.43-0.6-0.45-0.75
-0.08-0.41-0.11-0.05-0.43-0.07-0.11-0.160.14-0.02-0.06-0.10.02-0.81-0.140.02-0.17-0.610.19-0.10.330.43-0.1-0.450.09
0.93-0.660.910.95-0.820.970.920.890.890.940.430.930.920.060.660.92-0.63-0.46-0.850.910.880.690.92-0.750.09
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Railway Signal Account Relationship Matchups

Railway Signal fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets97.5B105.3B108.9B116.8B119.0B101.6B
Other Current Liab9.0B9.6B9.1B23.7M26.2M24.9M
Total Current Liabilities51.8B58.1B59.5B65.2B66.2B56.3B
Total Stockholder Equity41.1B42.6B43.6B45.3B46.8B40.4B
Other Liab950.4M1.0B885.9M850.3M765.2M757.9M
Net Tangible Assets26.1B38.4B39.8B40.7B46.8B34.7B
Retained Earnings11.6B13.1B14.1B13.8B15.0B12.5B
Accounts Payable41.2B46.7B48.8B49.9B49.7B42.9B
Cash24.0B22.6B22.5B22.2B22.6B21.1B
Non Current Assets Total17.0B20.3B20.9B24.4B26.5B19.8B
Non Currrent Assets Other6.3B502.2M203.9M6.0B6.9B3.5B
Other Assets5.3B7.6B9.3B9.6B11.1B7.6B
Long Term Debt1.9B2.0B3.1B3.3B3.0B2.1B
Net Receivables51.4B18.3B19.9B22.7B22.9B23.2B
Non Current Liabilities Total3.0B3.0B4.1B4.3B3.9B3.1B
Inventory2.2B2.5B2.5B2.4B3.2B2.3B
Other Current Assets2.9B3.1B3.2B1.1B952.6M905.0M
Other Stockholder Equity3.3B3.4B2.9B2.9B2.6B3.6B
Total Liab54.8B61.0B63.6B69.5B70.1B59.4B
Deferred Long Term Liab30.0M47.5M191.3M263.3M302.7M317.9M
Short Long Term Debt392.4M620.3M2.6B3.7B4.2B4.4B
Total Current Assets80.5B85.1B88.0B92.4B92.5B81.8B
Intangible Assets2.5B2.6B2.7B2.8B2.8B2.9B
Property Plant Equipment4.6B4.6B5.8B5.7B6.5B5.3B
Net Invested Capital43.5B45.2B49.3B52.3B54.0B47.3B
Net Working Capital28.7B27.0B28.5B27.2B26.3B26.7B

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Other Information on Investing in Railway Stock

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