Suzhou Minority Interest vs Interest Income Analysis
688661 Stock | 34.76 0.14 0.40% |
Suzhou UIGreen financial indicator trend analysis is much more than just breaking down Suzhou UIGreen Micro prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Suzhou UIGreen Micro is a good investment. Please check the relationship between Suzhou UIGreen Minority Interest and its Interest Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Suzhou UIGreen Micro. 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 Interest Income
Minority Interest vs Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Suzhou UIGreen Micro Minority Interest account and Interest Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Suzhou UIGreen's Minority Interest and Interest Income is 0.93. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Interest Income in the same time period over historical financial statements of Suzhou UIGreen Micro, assuming nothing else is changed. The correlation between historical values of Suzhou UIGreen's Minority Interest and Interest Income 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 Suzhou UIGreen Micro are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Minority Interest i.e., Suzhou UIGreen's Minority Interest and Interest Income go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
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 UIGreen Micro whose combined shares represent less than 50% of the total outstanding shares issued by Suzhou UIGreen have a minority interest in Suzhou UIGreen.Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.Most indicators from Suzhou UIGreen's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Suzhou UIGreen Micro 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 UIGreen Micro. 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 (12.8 M). In addition to that, Selling General Administrative is expected to decline to about 20.9 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 47.8K | 1.0M | 178.3K | 356.4K | Interest Income | 1.7M | 1.9M | 10.1M | 10.6M |
Suzhou UIGreen fundamental ratios Correlations
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Suzhou UIGreen Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Other Information on Investing in Suzhou Stock
Balance Sheet is a snapshot of the financial position of Suzhou UIGreen Micro at a specified time, usually calculated after every quarter, six months, or one year. Suzhou UIGreen Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Suzhou UIGreen 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.