ATYM Stock | | | 356.00 2.00 0.56% |
Atalaya Mining financial indicator trend analysis is way more than just evaluating Atalaya Mining prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Atalaya Mining is a good investment. Please check the relationship between Atalaya Mining Other Operating Expenses and its Minority Interest accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Atalaya Mining. 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.
Other Operating Expenses vs Minority Interest
Other Operating Expenses vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Atalaya Mining Other Operating Expenses account and
Minority Interest. At this time, the significance of the direction appears to have no relationship.
The correlation between Atalaya Mining's Other Operating Expenses and Minority Interest is 0.06. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Atalaya Mining, assuming nothing else is changed. The correlation between historical values of Atalaya Mining's Other Operating Expenses 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 Other Operating Expenses of Atalaya Mining 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 Other Operating Expenses i.e., Atalaya Mining's Other Operating Expenses and Minority Interest go up and down completely randomly.
Correlation Coefficient | 0.06 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Atalaya Mining. It is also known as Atalaya Mining overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
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 Atalaya Mining whose combined shares represent less than 50% of the total outstanding shares issued by Atalaya Mining have a minority interest in Atalaya Mining.
Most indicators from Atalaya Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Atalaya Mining 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 Atalaya Mining. 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 16.3
M in 2024, despite the fact that
Tax Provision is likely to grow to (541.5
K).
Atalaya Mining fundamental ratios Correlations
Click cells to compare fundamentals
Atalaya Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Atalaya Mining fundamental ratios Accounts
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