BOOT Stock | | | USD 137.05 0.76 0.56% |
Boot Barn financial indicator trend analysis is way more than just evaluating Boot Barn Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Boot Barn Holdings is a good investment. Please check the relationship between Boot Barn Non Recurring and its Minority Interest accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Boot Barn Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
Non Recurring vs Minority Interest
Non Recurring vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Boot Barn Holdings Non Recurring account and
Minority Interest. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Boot Barn's Non Recurring and Minority Interest is -0.56. Overlapping area represents the amount of variation of Non Recurring that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Boot Barn Holdings, assuming nothing else is changed. The correlation between historical values of Boot Barn's Non Recurring 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 Non Recurring of Boot Barn Holdings 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 Non Recurring i.e., Boot Barn's Non Recurring and Minority Interest go up and down completely randomly.
Correlation Coefficient | -0.56 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Non Recurring
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 Boot Barn Holdings whose combined shares represent less than 50% of the total outstanding shares issued by Boot Barn have a minority interest in Boot Barn.
Most indicators from Boot Barn's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Boot Barn Holdings 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 Boot Barn Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
Selling General Administrative is likely to drop to about 205.9
M in 2024.
Tax Provision is likely to drop to about 25.5
M in 2024
Boot Barn fundamental ratios Correlations
Click cells to compare fundamentals
Boot Barn Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Boot Barn fundamental ratios Accounts
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Additional Tools for Boot Stock Analysis
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measure Boot Barn'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 Boot Barn is operating at the current time. Most of Boot Barn's value examination focuses on studying past and present price action to
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