Compania Minority Interest vs Income Before Tax Analysis

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 DirectionPositive 
Relationship StrengthVery 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.
 2021 2022 2023 2024 (projected)
Gross Profit1.2T1.2T1.2T624.7B
Total Revenue2.5T2.7T2.6T2.7T

Compania Cervecerias fundamental ratios Correlations

0.880.450.770.670.80.780.70.940.880.810.350.870.790.60.73-0.460.90.98-0.2-0.070.960.950.970.530.97
0.880.350.520.280.530.960.350.780.90.550.570.910.580.240.63-0.240.990.92-0.05-0.280.970.930.950.580.82
0.450.350.470.320.280.160.340.390.570.320.030.550.310.250.21-0.410.350.370.510.310.430.340.480.410.43
0.770.520.470.840.940.440.850.850.570.940.380.550.940.710.73-0.450.520.75-0.130.070.680.70.690.610.8
0.670.280.320.840.920.150.950.680.440.910.030.410.820.920.68-0.490.310.57-0.290.230.470.490.530.350.71
0.80.530.280.940.920.460.940.830.561.00.30.540.950.810.84-0.450.550.76-0.320.070.680.70.690.50.83
0.780.960.160.440.150.460.250.720.750.470.60.770.520.080.6-0.10.950.87-0.16-0.310.910.90.850.50.75
0.70.350.340.850.950.940.250.680.450.950.040.420.840.820.78-0.460.390.6-0.360.320.520.520.550.280.76
0.940.780.390.850.680.830.720.680.740.820.450.730.820.580.73-0.470.780.94-0.17-0.160.890.930.890.580.92
0.880.90.570.570.440.560.750.450.740.570.421.00.580.460.56-0.410.90.860.13-0.190.910.830.950.620.8
0.810.550.320.940.911.00.470.950.820.570.310.550.950.780.86-0.440.560.76-0.310.110.690.70.70.490.84
0.350.570.030.380.030.30.60.040.450.420.310.450.36-0.050.460.050.510.460.11-0.530.490.520.440.690.37
0.870.910.550.550.410.540.770.420.731.00.550.450.550.420.56-0.320.910.850.11-0.210.910.840.950.610.79
0.790.580.310.940.820.950.520.840.820.580.950.360.550.740.72-0.530.580.78-0.210.030.70.710.720.580.77
0.60.240.250.710.920.810.080.820.580.460.78-0.050.420.740.52-0.520.270.5-0.190.080.40.430.50.280.56
0.730.630.210.730.680.840.60.780.730.560.860.460.560.720.52-0.210.640.71-0.24-0.010.690.710.660.470.81
-0.46-0.24-0.41-0.45-0.49-0.45-0.1-0.46-0.47-0.41-0.440.05-0.32-0.53-0.52-0.21-0.26-0.38-0.15-0.07-0.35-0.29-0.4-0.25-0.36
0.90.990.350.520.310.550.950.390.780.90.560.510.910.580.270.64-0.260.93-0.11-0.240.980.940.950.510.84
0.980.920.370.750.570.760.870.60.940.860.760.460.850.780.50.71-0.380.93-0.2-0.170.980.980.970.580.94
-0.2-0.050.51-0.13-0.29-0.32-0.16-0.36-0.170.13-0.310.110.11-0.21-0.19-0.24-0.15-0.11-0.2-0.08-0.13-0.18-0.070.42-0.29
-0.07-0.280.310.070.230.07-0.310.32-0.16-0.190.11-0.53-0.210.030.08-0.01-0.07-0.24-0.17-0.08-0.18-0.25-0.17-0.270.01
0.960.970.430.680.470.680.910.520.890.910.690.490.910.70.40.69-0.350.980.98-0.13-0.180.970.980.570.92
0.950.930.340.70.490.70.90.520.930.830.70.520.840.710.430.71-0.290.940.98-0.18-0.250.970.950.550.92
0.970.950.480.690.530.690.850.550.890.950.70.440.950.720.50.66-0.40.950.97-0.07-0.170.980.950.590.91
0.530.580.410.610.350.50.50.280.580.620.490.690.610.580.280.47-0.250.510.580.42-0.270.570.550.590.51
0.970.820.430.80.710.830.750.760.920.80.840.370.790.770.560.81-0.360.840.94-0.290.010.920.920.910.51
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Compania Cervecerias Account Relationship Matchups

Compania Cervecerias fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.4T2.5T2.8T3.6T3.4T3.6T
Short Long Term Debt Total315.8B490.5B573.7B1.4T1.3T1.4T
Other Current Liab179.3B178.3B199.9B178.8B233.6B245.3B
Total Current Liabilities483.3B521.5B781.1B797.2B687.5B363.6B
Total Stockholder Equity1.3T1.3T1.3T1.3T1.2T814.9B
Property Plant And Equipment Net1.1T1.1T1.3T1.4T1.3T734.4B
Net Debt119.4B94.1B308.1B775.5B711.1B746.7B
Retained Earnings902.9B921.8B832.2B843.0B895.9B494.2B
Accounts Payable248.6B264.0B449.8B428.9B361.6B379.7B
Cash196.4B396.4B265.6B597.1B618.2B649.1B
Non Current Assets Total1.6T1.6T1.8T1.9T1.9T997.6B
Non Currrent Assets Other25.7B30.1B53.0B63.9B52.2B32.5B
Cash And Short Term Investments202.6B403.7B279.6B609.0B621.5B652.5B
Net Receivables319.0B292.0B389.2B499.3B464.1B237.3B
Short Term Investments6.2B7.3B14.0B12.0B3.3B3.1B
Liabilities And Stockholders Equity2.4T2.5T2.8T3.6T3.4T3.6T
Non Current Liabilities Total427.5B595.0B640.1B1.4T1.5T1.6T
Inventory242.4B242.9B366.7B497.0B440.5B462.5B
Other Current Assets12.7B21.9B56.6B56.6B75.6B64.0B
Other Stockholder Equity670.7B112.2B(87.3B)(44.2B)(50.9B)(48.3B)
Total Liab910.8B1.1T1.4T2.2T2.1T2.2T
Property Plant And Equipment Gross1.1T1.1T2.2T2.5T2.5T2.6T
Total Current Assets789.3B960.0B1.1T1.7T1.6T1.7T
Accumulated Other Comprehensive Income(137.5B)(187.9B)(87.3B)(90.7B)(240.2B)(228.2B)
Short Term Debt54.0B58.0B96.3B180.4B83.0B56.9B
Intangible Assets125.6B128.3B151.9B172.4B153.1B160.8B
Other Liab165.7B154.9B152.8B154.9B178.2B187.1B
Other Assets75.5B69.2B52.3B39.8B(88.8B)(84.3B)
Long Term Debt233.6B412.9B454.2B1.2T1.2T1.3T
Good Will125.0B117.2B131.2B137.0B127.6B75.1B
Property Plant Equipment1.1T1.1T1.3T1.4T1.6T1.7T
Current Deferred Revenue1.3B1.3B6.9M1.4B1.4B1.4B
Net Tangible Assets1.1T1.1T1.0T1.0T1.2T961.6B
Long Term Investments136.1B131.1B138.1B140.9B149.6B105.2B
Short Long Term Debt49.2B45.4B84.3B195B63.1B78.9B
Long Term Debt Total261.8B440.1B483.2B1.2T1.4T1.4T
Capital Lease Obligations33.1B32.1B35.2B40.4B41.2B28.8B

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