CF Industries Income Before Tax vs Minority Interest Analysis

CF Stock  USD 89.66  1.00  1.13%   
CF Industries financial indicator trend analysis is way more than just evaluating CF Industries Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CF Industries Holdings is a good investment. Please check the relationship between CF Industries Income Before Tax and its Minority Interest accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CF Industries 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 census.

Income Before Tax vs Minority Interest

Income Before Tax vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CF Industries Holdings Income Before Tax account and Minority Interest. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between CF Industries' Income Before Tax and Minority Interest is -0.53. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Minority Interest in the same time period over historical financial statements of CF Industries Holdings, assuming nothing else is changed. The correlation between historical values of CF Industries' Income Before Tax 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 Income Before Tax of CF Industries 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 Income Before Tax i.e., CF Industries' Income Before Tax and Minority Interest go up and down completely randomly.

Correlation Coefficient

-0.53
Relationship DirectionNegative 
Relationship StrengthVery Weak

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on CF Industries income statement and is an important metric when analyzing CF Industries Holdings 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.

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 CF Industries Holdings whose combined shares represent less than 50% of the total outstanding shares issued by CF Industries have a minority interest in CF Industries.
Most indicators from CF Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CF Industries 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 CF Industries 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 census.
At this time, CF Industries' Enterprise Value Multiple is most likely to increase significantly in the upcoming years.
 2021 2022 2023 2024 (projected)
Total Operating Expenses184M300M289M180.2M
Cost Of Revenue4.2B5.3B4.1B3.0B

CF Industries fundamental ratios Correlations

-0.470.2-0.490.01-0.520.22-0.270.1-0.47-0.490.49-0.47-0.08-0.22-0.01-0.70.2-0.48-0.25-0.44-0.480.47-0.75-0.63-0.5
-0.470.490.570.250.96-0.640.270.320.10.870.180.890.54-0.120.350.780.340.780.930.490.21-0.130.790.90.79
0.20.49-0.280.730.30.110.560.80.330.130.710.210.790.190.43-0.050.10.030.580.20.350.20.070.10.04
-0.490.57-0.28-0.520.75-0.81-0.28-0.51-0.320.89-0.420.85-0.29-0.560.020.760.590.920.520.11-0.2-0.280.680.830.91
0.010.250.73-0.52-0.010.380.660.940.62-0.130.53-0.050.880.40.38-0.24-0.41-0.170.210.250.670.06-0.15-0.14-0.14
-0.520.960.30.75-0.01-0.760.120.05-0.050.930.040.940.28-0.270.250.870.460.860.910.410.04-0.150.860.970.86
0.22-0.640.11-0.810.38-0.760.450.30.53-0.810.07-0.780.10.580.01-0.73-0.63-0.8-0.59-0.270.360.14-0.59-0.8-0.78
-0.270.270.56-0.280.660.120.450.530.85-0.040.240.00.570.410.20.04-0.3-0.120.290.310.690.110.150.02-0.09
0.10.320.8-0.510.940.050.30.530.47-0.080.570.00.940.410.41-0.22-0.35-0.150.280.230.570.01-0.13-0.1-0.11
-0.470.10.33-0.320.62-0.050.530.850.47-0.14-0.11-0.120.50.560.09-0.03-0.51-0.17-0.010.330.88-0.050.1-0.08-0.14
-0.490.870.130.89-0.130.93-0.81-0.04-0.08-0.14-0.140.990.17-0.450.190.820.550.980.790.250.03-0.250.740.940.98
0.490.180.71-0.420.530.040.070.240.57-0.11-0.14-0.070.50.130.35-0.170.06-0.240.330.13-0.070.29-0.15-0.12-0.24
-0.470.890.210.85-0.050.94-0.780.00.0-0.120.99-0.070.24-0.370.340.790.530.960.830.310.06-0.210.750.930.97
-0.080.540.79-0.290.880.280.10.570.940.50.170.50.240.380.450.06-0.190.080.440.440.6-0.030.110.150.11
-0.22-0.120.19-0.560.4-0.270.580.410.410.56-0.450.13-0.370.380.4-0.13-0.64-0.51-0.210.480.490.110.08-0.28-0.47
-0.010.350.430.020.380.250.010.20.410.090.190.350.340.450.40.040.020.180.420.460.190.150.240.160.22
-0.70.78-0.050.76-0.240.87-0.730.04-0.22-0.030.82-0.170.790.06-0.130.040.360.740.640.520.0-0.220.930.930.73
0.20.340.10.59-0.410.46-0.63-0.3-0.35-0.510.550.060.53-0.19-0.640.020.360.570.40.01-0.57-0.040.290.450.49
-0.480.780.030.92-0.170.86-0.8-0.12-0.15-0.170.98-0.240.960.08-0.510.180.740.570.690.180.01-0.310.670.890.99
-0.250.930.580.520.210.91-0.590.290.28-0.010.790.330.830.44-0.210.420.640.40.690.360.090.060.670.80.71
-0.440.490.20.110.250.41-0.270.310.230.330.250.130.310.440.480.460.520.010.180.360.27-0.010.610.420.18
-0.480.210.35-0.20.670.040.360.690.570.880.03-0.070.060.60.490.190.0-0.570.010.090.27-0.10.090.00.07
0.47-0.130.2-0.280.06-0.150.140.110.01-0.05-0.250.29-0.21-0.030.110.15-0.22-0.04-0.310.06-0.01-0.1-0.17-0.24-0.3
-0.750.790.070.68-0.150.86-0.590.15-0.130.10.74-0.150.750.110.080.240.930.290.670.670.610.09-0.170.90.67
-0.630.90.10.83-0.140.97-0.80.02-0.1-0.080.94-0.120.930.15-0.280.160.930.450.890.80.420.0-0.240.90.88
-0.50.790.040.91-0.140.86-0.78-0.09-0.11-0.140.98-0.240.970.11-0.470.220.730.490.990.710.180.07-0.30.670.88
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CF Industries Account Relationship Matchups

CF Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding221.6M215.2M216.2M204.2M193.8M208.8M
Total Assets12.2B12.0B12.4B13.3B14.4B9.1B
Total Stockholder Equity2.9B2.9B3.2B5.1B5.7B3.3B
Net Debt4.0B3.5B2.1B902M1.2B1.6B
Cash287M683M1.6B2.3B2.0B2.1B
Non Current Assets Total11.2B10.7B9.8B9.6B11.3B7.3B
Non Currrent Assets Other(951M)207M187M210M867M910.4M
Other Assets185M650M285M786M903.9M949.1M
Cash And Short Term Investments287M683M1.6B2.3B2.0B1.1B
Short Term Investments17M80M55M268M241.2M253.3M
Liabilities And Stockholders Equity12.2B12.0B12.4B13.3B14.4B9.1B
Non Current Liabilities Total5.9B5.5B4.9B4.5B5.2B3.8B
Other Stockholder Equity1.3B1.3B1.4B1.4B1.4B1.3B
Total Liab6.5B6.4B6.3B5.5B6.0B4.6B
Total Current Assets974M1.4B2.6B3.7B3.1B1.8B
Other Current Liab19M266M420M514M384M211.4M
Total Current Liabilities665M906M1.4B995M800M844.2M
Other Liab1.7B1.6B1.3B1.3B1.5B862.8M
Accounts Payable437M85M110M63M82M77.9M
Long Term Debt4.0B3.7B3.5B3.0B3.0B2.8B
Good Will2.4B2.4B2.1B2.1B2.5B1.6B
Inventory351M287M408M474M299M329.4M
Other Current Assets23M132M60M294M214M224.7M
Intangible Assets110M104M45M15M538M564.9M
Property Plant Equipment8.2B7.6B7.3B6.7B7.7B5.1B
Short Long Term Debt Total4.2B4.2B3.7B3.2B3.2B2.9B
Property Plant And Equipment Net8.5B7.9B7.3B6.7B7.4B5.4B
Retained Earnings2.0B1.9B2.1B3.9B4.5B2.3B
Net Receivables242M265M497M582M505M274.3M
Property Plant And Equipment Gross8.5B7.9B7.3B6.7B15.5B16.3B
Accumulated Other Comprehensive Income(366M)(320M)(257M)(230M)(209M)(219.5M)
Short Term Debt90M425M178M186M192M122.2M
Current Deferred Revenue149M119M130M700M229M181.6M
Net Tangible Assets725M722M1.1B3.1B2.8B1.5B
Noncontrolling Interest In Consolidated Entity2.7B2.7B2.8B2.8B3.2B1.8B
Retained Earnings Total Equity2.0B1.9B2.1B3.9B4.4B2.8B
Long Term Debt Total4.0B3.7B3.5B3.0B3.4B3.7B

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CF Industries 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 census.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Fertilizers & Agricultural Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CF Industries. If investors know CF Industries will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CF Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.82
Dividend Share
1.9
Earnings Share
6.31
Revenue Per Share
32.397
Quarterly Revenue Growth
0.076
The market value of CF Industries Holdings is measured differently than its book value, which is the value of CF Industries that is recorded on the company's balance sheet. Investors also form their own opinion of CF Industries' value that differs from its market value or its book value, called intrinsic value, which is CF Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CF Industries' market value can be influenced by many factors that don't directly affect CF Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CF Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if CF Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CF Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.