ECARX Total Operating Expenses vs Minority Interest Analysis

ECX Stock   1.91  0.01  0.53%   
ECARX Holdings financial indicator trend analysis is much more than just examining ECARX Holdings Class latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ECARX Holdings Class is a good investment. Please check the relationship between ECARX Holdings Total Operating Expenses and its Minority Interest accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ECARX Holdings Class. 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.

Total Operating Expenses vs Minority Interest

Total Operating Expenses vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ECARX Holdings Class Total Operating Expenses account and Minority Interest. At this time, the significance of the direction appears to have strong relationship.
The correlation between ECARX Holdings' Total Operating Expenses and Minority Interest is 0.74. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Minority Interest in the same time period over historical financial statements of ECARX Holdings Class, assuming nothing else is changed. The correlation between historical values of ECARX Holdings' Total Operating Expenses 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 Total Operating Expenses of ECARX Holdings Class 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 Total Operating Expenses i.e., ECARX Holdings' Total Operating Expenses and Minority Interest go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

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 ECARX Holdings Class whose combined shares represent less than 50% of the total outstanding shares issued by ECARX Holdings have a minority interest in ECARX Holdings.
Most indicators from ECARX Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ECARX Holdings Class 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ECARX Holdings Class. 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.
Enterprise Value is likely to rise to about 18.1 B in 2025, despite the fact that Tax Provision is likely to grow to (4 M).
 2022 2023 2024 2025 (projected)
Depreciation And Amortization116.5M124.6M143.3M100.5M
Interest Income12.4M30.5M35.1M22.9M

ECARX Holdings fundamental ratios Correlations

0.88-0.990.790.310.990.590.890.81-0.960.64-0.550.930.90.99-0.290.87-0.640.2-0.92-0.940.690.360.921.00.78
0.88-0.850.970.610.860.831.00.99-0.890.93-0.850.650.930.83-0.610.99-0.54-0.25-0.9-0.720.88-0.050.990.870.86
-0.99-0.85-0.73-0.34-0.97-0.59-0.87-0.780.97-0.590.5-0.93-0.9-0.980.24-0.830.68-0.20.930.96-0.69-0.37-0.89-0.99-0.74
0.790.97-0.730.580.780.80.960.97-0.790.95-0.920.540.860.73-0.70.98-0.42-0.32-0.8-0.590.85-0.130.940.780.89
0.310.61-0.340.580.240.930.620.66-0.450.77-0.68-0.020.630.21-0.750.53-0.59-0.83-0.65-0.260.86-0.720.620.270.43
0.990.86-0.970.780.240.520.870.79-0.920.61-0.520.940.860.99-0.230.86-0.580.24-0.87-0.920.630.420.90.990.75
0.590.83-0.590.80.930.520.830.85-0.710.89-0.860.270.860.48-0.830.76-0.67-0.64-0.83-0.510.98-0.510.830.550.73
0.891.0-0.870.960.620.870.830.99-0.90.91-0.820.670.930.85-0.570.98-0.55-0.24-0.92-0.740.88-0.020.990.880.84
0.810.99-0.780.970.660.790.850.99-0.830.96-0.880.560.880.76-0.630.98-0.45-0.35-0.85-0.620.88-0.130.950.810.83
-0.96-0.890.97-0.79-0.45-0.92-0.71-0.9-0.83-0.680.64-0.86-0.96-0.920.4-0.870.69-0.070.950.92-0.8-0.23-0.92-0.96-0.84
0.640.93-0.590.950.770.610.890.910.96-0.68-0.930.320.790.57-0.760.91-0.39-0.58-0.75-0.430.89-0.380.880.620.77
-0.55-0.850.5-0.92-0.68-0.52-0.86-0.82-0.880.64-0.93-0.26-0.78-0.450.89-0.850.350.550.660.37-0.880.41-0.79-0.54-0.89
0.930.65-0.930.54-0.020.940.270.670.56-0.860.32-0.260.720.950.030.66-0.530.54-0.75-0.930.410.670.710.940.61
0.90.93-0.90.860.630.860.860.930.88-0.960.79-0.780.720.83-0.630.89-0.77-0.16-0.98-0.860.93-0.030.960.880.89
0.990.83-0.980.730.210.990.480.850.76-0.920.57-0.450.950.83-0.140.83-0.560.28-0.86-0.920.590.470.870.990.69
-0.29-0.610.24-0.7-0.75-0.23-0.83-0.57-0.630.4-0.760.890.03-0.63-0.14-0.570.440.70.510.2-0.820.69-0.58-0.24-0.72
0.870.99-0.830.980.530.860.760.980.98-0.870.91-0.850.660.890.83-0.57-0.43-0.2-0.85-0.680.820.020.960.870.88
-0.64-0.540.68-0.42-0.59-0.58-0.67-0.55-0.450.69-0.390.35-0.53-0.77-0.560.44-0.430.110.820.79-0.720.13-0.66-0.57-0.48
0.2-0.25-0.2-0.32-0.830.24-0.64-0.24-0.35-0.07-0.580.550.54-0.160.280.7-0.20.110.14-0.31-0.520.95-0.20.23-0.12
-0.92-0.90.93-0.8-0.65-0.87-0.83-0.92-0.850.95-0.750.66-0.75-0.98-0.860.51-0.850.820.140.89-0.89-0.01-0.95-0.89-0.78
-0.94-0.720.96-0.59-0.26-0.92-0.51-0.74-0.620.92-0.430.37-0.93-0.86-0.920.2-0.680.79-0.310.89-0.63-0.4-0.8-0.92-0.68
0.690.88-0.690.850.860.630.980.880.88-0.80.89-0.880.410.930.59-0.820.82-0.72-0.52-0.89-0.63-0.390.890.660.82
0.36-0.05-0.37-0.13-0.720.42-0.51-0.02-0.13-0.23-0.380.410.67-0.030.470.690.020.130.95-0.01-0.4-0.39-0.020.41-0.01
0.920.99-0.890.940.620.90.830.990.95-0.920.88-0.790.710.960.87-0.580.96-0.66-0.2-0.95-0.80.89-0.020.90.84
1.00.87-0.990.780.270.990.550.880.81-0.960.62-0.540.940.880.99-0.240.87-0.570.23-0.89-0.920.660.410.90.78
0.780.86-0.740.890.430.750.730.840.83-0.840.77-0.890.610.890.69-0.720.88-0.48-0.12-0.78-0.680.82-0.010.840.78
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ECARX Holdings Account Relationship Matchups

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