AHF Stock | | | 0.04 0.01 22.58% |
Australian Dairy financial indicator trend analysis is way more than just evaluating Australian Dairy Farms prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Australian Dairy Farms is a good investment. Please check the relationship between Australian Dairy Minority Interest and its Net Interest Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Australian Dairy Farms. 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 Net Interest Income
Minority Interest vs Net Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Australian Dairy Farms Minority Interest account and
Net Interest Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Australian Dairy's Minority Interest and Net Interest Income is -0.92. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Australian Dairy Farms, assuming nothing else is changed. The correlation between historical values of Australian Dairy's Minority Interest and Net 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 Australian Dairy Farms are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Minority Interest i.e., Australian Dairy's Minority Interest and Net Interest Income go up and down completely randomly.
Correlation Coefficient | -0.92 |
Relationship Direction | Negative |
Relationship Strength | Significant |
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 Australian Dairy Farms whose combined shares represent less than 50% of the total outstanding shares issued by Australian Dairy have a minority interest in Australian Dairy.
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Most indicators from Australian Dairy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Australian Dairy Farms 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 Australian Dairy Farms. 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.
Selling General Administrative is likely to gain to about 3.6
M in 2024, whereas
Discontinued Operations is likely to drop (2.8
M) in 2024.
| 2021 | 2023 | 2024 (projected) |
Interest Income | 6.5K | 20.9K | 19.9K | Minority Interest | 82.7K | 74.4K | 70.7K |
Australian Dairy fundamental ratios Correlations
Click cells to compare fundamentals
Australian Dairy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Australian Dairy fundamental ratios Accounts
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