BEST Stock | | | USD 2.67 0.01 0.38% |
BEST financial indicator trend analysis is way more than just evaluating BEST Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BEST Inc is a good investment. Please check the relationship between BEST Minority Interest and its Depreciation And Amortization accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in BEST Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
Minority Interest vs Depreciation And Amortization
Minority Interest vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BEST Inc Minority Interest account and
Depreciation And Amortization. At this time, the significance of the direction appears to have almost no relationship.
The correlation between BEST's Minority Interest and Depreciation And Amortization is 0.12. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of BEST Inc, assuming nothing else is changed. The correlation between historical values of BEST's Minority Interest and Depreciation And Amortization 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 BEST Inc are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Minority Interest i.e., BEST's Minority Interest and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.12 |
Relationship Direction | Positive |
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 BEST Inc whose combined shares represent less than 50% of the total outstanding shares issued by BEST have a minority interest in BEST.
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from BEST's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BEST Inc 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 BEST Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
Selling General Administrative is likely to gain to about 876.1
M in 2024, despite the fact that
Discontinued Operations is likely to grow to (42
M).
| 2021 | 2022 | 2023 | 2024 (projected) |
Interest Expense | 142.8M | 89.1M | 64.3M | 78.3M | Depreciation And Amortization | 191.4M | 188.9M | 189.2M | 246.7M |
BEST fundamental ratios Correlations
Click cells to compare fundamentals
BEST Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BEST fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for BEST Stock Analysis
When running BEST's price analysis, check to
measure BEST's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BEST is operating at the current time. Most of BEST's value examination focuses on studying past and present price action to
predict the probability of BEST's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BEST's price. Additionally, you may evaluate how the addition of BEST to your portfolios can decrease your overall portfolio volatility.