Computershare Operating Income vs Minority Interest Analysis

CPU Stock   31.05  1.06  3.30%   
Computershare financial indicator trend analysis is way more than just evaluating Computershare prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Computershare is a good investment. Please check the relationship between Computershare Operating Income and its Minority Interest accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Computershare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Operating Income vs Minority Interest

Operating Income vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Computershare Operating Income account and Minority Interest. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Computershare's Operating Income and Minority Interest is -0.19. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Computershare, assuming nothing else is changed. The correlation between historical values of Computershare's Operating Income 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 Operating Income of Computershare 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 Operating Income i.e., Computershare's Operating Income and Minority Interest go up and down completely randomly.

Correlation Coefficient

-0.19
Relationship DirectionNegative 
Relationship StrengthInsignificant

Operating Income

Operating Income is the amount of profit realized from Computershare operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Computershare is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

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 Computershare whose combined shares represent less than 50% of the total outstanding shares issued by Computershare have a minority interest in Computershare.
Most indicators from Computershare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Computershare 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 Computershare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to gain to about 103.4 M in 2024, whereas Tax Provision is likely to drop slightly above 127.2 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense82.8M199.0M132.2M138.8M
Depreciation And Amortization377.9M416.3M183.1M121.1M

Computershare fundamental ratios Correlations

0.980.680.940.970.88-0.110.870.970.430.81.0-0.840.750.840.960.760.650.97-0.270.990.480.980.790.660.02
0.980.630.910.920.86-0.190.940.930.420.730.99-0.820.690.80.960.750.650.98-0.350.990.420.940.770.570.04
0.680.630.80.610.53-0.120.560.730.70.490.68-0.60.460.520.680.640.50.6-0.130.690.370.650.690.250.14
0.940.910.80.90.81-0.190.820.90.490.730.93-0.850.680.780.890.710.560.85-0.330.930.390.910.930.61-0.01
0.970.920.610.90.92-0.030.760.950.330.830.96-0.780.790.840.920.70.630.9-0.240.930.530.970.760.780.03
0.880.860.530.810.92-0.010.720.840.160.770.88-0.640.750.740.840.560.580.82-0.280.840.610.850.720.760.14
-0.11-0.19-0.12-0.19-0.03-0.01-0.36-0.04-0.190.43-0.150.420.480.34-0.130.050.33-0.120.51-0.150.71-0.02-0.310.150.47
0.870.940.560.820.760.72-0.360.80.460.50.9-0.810.470.610.910.710.560.91-0.420.910.210.770.670.320.0
0.970.930.730.90.950.84-0.040.80.470.780.96-0.820.730.820.940.760.620.94-0.240.960.510.970.710.590.02
0.430.420.70.490.330.16-0.190.460.470.190.44-0.40.20.290.540.80.560.44-0.020.470.080.40.32-0.12-0.15
0.80.730.490.730.830.770.430.50.780.190.76-0.50.990.980.70.60.690.730.010.760.840.850.610.810.21
1.00.990.680.930.960.88-0.150.90.960.440.76-0.850.710.810.980.760.650.97-0.290.990.450.960.780.610.03
-0.84-0.82-0.6-0.85-0.78-0.640.42-0.81-0.82-0.4-0.5-0.85-0.39-0.57-0.78-0.55-0.23-0.80.38-0.85-0.1-0.79-0.74-0.430.35
0.750.690.460.680.790.750.480.470.730.20.990.71-0.390.970.670.620.750.690.040.710.870.810.560.780.28
0.840.80.520.780.840.740.340.610.820.290.980.81-0.570.970.760.690.720.8-0.050.820.760.890.650.740.15
0.960.960.680.890.920.84-0.130.910.940.540.70.98-0.780.670.760.840.750.96-0.260.970.420.910.70.510.09
0.760.750.640.710.70.560.050.710.760.80.60.76-0.550.620.690.840.840.76-0.020.770.410.730.480.270.03
0.650.650.50.560.630.580.330.560.620.560.690.65-0.230.750.720.750.840.660.120.650.610.650.380.390.42
0.970.980.60.850.90.82-0.120.910.940.440.730.97-0.80.690.80.960.760.66-0.240.980.450.940.670.520.03
-0.27-0.35-0.13-0.33-0.24-0.280.51-0.42-0.24-0.020.01-0.290.380.04-0.05-0.26-0.020.12-0.24-0.280.18-0.22-0.45-0.10.17
0.990.990.690.930.930.84-0.150.910.960.470.760.99-0.850.710.820.970.770.650.98-0.280.440.960.780.570.02
0.480.420.370.390.530.610.710.210.510.080.840.45-0.10.870.760.420.410.610.450.180.440.530.260.550.43
0.980.940.650.910.970.85-0.020.770.970.40.850.96-0.790.810.890.910.730.650.94-0.220.960.530.780.720.01
0.790.770.690.930.760.72-0.310.670.710.320.610.78-0.740.560.650.70.480.380.67-0.450.780.260.780.65-0.04
0.660.570.250.610.780.760.150.320.59-0.120.810.61-0.430.780.740.510.270.390.52-0.10.570.550.720.650.06
0.020.040.14-0.010.030.140.470.00.02-0.150.210.030.350.280.150.090.030.420.030.170.020.430.01-0.040.06
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Computershare Account Relationship Matchups

Computershare fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.4B7.2B9.0B9.4B5.1B3.3B
Short Long Term Debt Total3.2B2.6B3.8B3.8B1.8B1.3B
Other Current Liab1.0B603.2M615.7M1.2B572.4M418.2M
Total Current Liabilities1.5B1.3B1.8B1.9B675.4M640.7M
Total Stockholder Equity2.3B3.0B3.2B3.2B1.9B1.2B
Property Plant And Equipment Net421.4M412.0M443.4M429.6M254.5M159.1M
Current Deferred Revenue55.5M47.9M97.5M94.0M617.7M648.5M
Net Debt2.4B1.5B2.3B2.1B591.8M887.2M
Retained Earnings2.6B2.4B2.6B3.0B2.0B1.0B
Accounts Payable34.0M32.6M17.8M36.6M26.6M23.4M
Cash867.6M1.1B1.5B1.7B1.2B1.3B
Non Current Assets Total5.4B4.9B6.1B6.1B3.1B2.3B
Non Currrent Assets Other(2.7B)(2.5B)(2.9B)(2.9B)176.8M185.7M
Cash And Short Term Investments890.7M1.1B1.5B1.7B1.3B1.4B
Net Receivables693.5M755.6M1.1B1.3B859.9M902.9M
Good Will2.7B2.5B2.9B2.9B1.8B1.4B
Common Stock Shares Outstanding546.8M559.7M605.2M605.1M599.9M585.0M
Liabilities And Stockholders Equity7.4B7.2B9.0B9.4B5.1B3.3B
Non Current Liabilities Total3.6B2.8B4.0B4.2B2.5B1.5B
Other Stockholder Equity(78.0M)(9.4M)(63.6M)1.0189.3M198.8M
Total Liab5.1B4.1B5.8B6.2B3.2B2.2B
Property Plant And Equipment Gross422.7M309.3M304.9M566.3M543.8M571.0M
Total Current Assets2.1B2.3B2.9B3.3B2.0B1.0B
Accumulated Other Comprehensive Income(250.5M)(9.4M)(164.4M)(536.8M)(568.6M)(540.2M)
Short Term Debt330.6M322.4M600.0M629.8M29.0M27.6M
Short Term Investments23.1M10.7M11.2M6.0M108.7M114.1M
Inventory7.4M7.3M7.7M9.5M5.5M6.3M
Other Current Assets60.2M56.6M428.8M922.4M679.1M713.0M
Intangible Assets4.4B4.0B5.1B4.9B739.4M702.5M
Other Liab473.5M394.2M392.8M339.1M389.9M442.7M
Long Term Debt1.7B1.4B1.9B1.8B1.7B1.2B
Property Plant Equipment290.1M309.3M304.9M286.0M328.9M171.7M
Net Tangible Assets(1.5B)(751.4M)(1.3B)(1.2B)(1.0B)(1.1B)
Long Term Investments72.6M73.4M43.3M70.2M63.2M51.5M
Short Long Term Debt103.5M481.7M373.0M593.8M623.9M0.0
Long Term Debt Total1.9B1.6B2.0B1.9B2.2B1.9B

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