CCU Stock | | | USD 10.91 0.16 1.45% |
Compania Cervecerias financial indicator trend analysis is way more than just evaluating Compania Cervecerias prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Compania Cervecerias is a good investment. Please check the relationship between Compania Cervecerias Minority Interest and its Income Before Tax accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Compania Cervecerias Unidas. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
Minority Interest vs Income Before Tax
Minority Interest vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Compania Cervecerias Minority Interest account and
Income Before Tax. At this time, the significance of the direction appears to have weak relationship.
The correlation between Compania Cervecerias' Minority Interest and Income Before Tax is 0.32. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Compania Cervecerias Unidas, assuming nothing else is changed. The correlation between historical values of Compania Cervecerias' Minority Interest and Income Before Tax 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 Compania Cervecerias Unidas are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Minority Interest i.e., Compania Cervecerias' Minority Interest and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.32 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
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 Compania Cervecerias Unidas whose combined shares represent less than 50% of the total outstanding shares issued by Compania Cervecerias have a minority interest in Compania Cervecerias.
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Compania Cervecerias income statement and is an important metric when analyzing Compania Cervecerias profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from Compania Cervecerias' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Compania Cervecerias 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 Compania Cervecerias Unidas. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
At this time, Compania Cervecerias'
Issuance Of Capital Stock is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.11 in 2024, whereas
Enterprise Value Over EBITDA is likely to drop 8.87 in 2024.
Compania Cervecerias fundamental ratios Correlations
Click cells to compare fundamentals
Compania Cervecerias Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Compania Cervecerias fundamental ratios Accounts
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Additional Tools for Compania Stock Analysis
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measure Compania Cervecerias' 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 Compania Cervecerias is operating at the current time. Most of Compania Cervecerias' value examination focuses on studying past and present price action to
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