Emami Minority Interest vs Interest Income Analysis

EMAMILTD   684.00  14.80  2.21%   
Emami financial indicator trend analysis is much more than just examining Emami Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Emami Limited is a good investment. Please check the relationship between Emami Minority Interest and its Interest Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Emami Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Minority Interest vs Interest Income

Minority Interest vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Emami Limited Minority Interest account and Interest Income. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Emami's Minority Interest and Interest Income is 0.16. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Interest Income in the same time period over historical financial statements of Emami Limited, assuming nothing else is changed. The correlation between historical values of Emami's Minority Interest and Interest Income 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 Emami Limited are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Minority Interest i.e., Emami's Minority Interest and Interest Income go up and down completely randomly.

Correlation Coefficient

0.16
Relationship DirectionPositive 
Relationship StrengthInsignificant

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 Emami Limited whose combined shares represent less than 50% of the total outstanding shares issued by Emami have a minority interest in Emami.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from Emami's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Emami Limited 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 Emami Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Selling General Administrative is likely to gain to about 4.4 B in 2024, whereas Tax Provision is likely to drop slightly above 423.2 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit20.6B22.0B23.8B13.4B
Total Revenue31.6B34.1B35.8B20.8B

Emami fundamental ratios Correlations

0.430.250.940.970.890.560.79-0.520.920.04-0.190.450.130.220.860.3-0.190.870.60.790.640.20.260.450.75
0.430.220.650.240.370.890.06-0.350.670.01-0.520.23-0.460.770.050.090.440.76-0.31-0.050.9-0.32-0.12-0.28-0.04
0.250.220.310.16-0.070.090.330.150.12-0.080.380.260.430.470.350.750.30.390.370.140.050.48-0.430.3-0.11
0.940.650.310.840.840.710.69-0.490.930.0-0.290.52-0.040.420.750.34-0.080.970.440.670.760.060.220.250.6
0.970.240.160.840.890.420.8-0.510.860.06-0.120.390.230.010.890.22-0.260.730.680.830.50.260.30.530.8
0.890.37-0.070.840.890.540.65-0.570.860.08-0.290.430.030.010.740.0-0.30.740.470.780.62-0.030.470.220.73
0.560.890.090.710.420.540.27-0.730.8-0.17-0.730.03-0.470.590.27-0.040.270.76-0.250.180.89-0.180.11-0.090.24
0.790.060.330.690.80.650.27-0.450.62-0.11-0.010.430.310.060.850.41-0.360.630.70.810.270.520.160.830.77
-0.52-0.350.15-0.49-0.51-0.57-0.73-0.45-0.650.360.730.310.27-0.05-0.490.220.1-0.440.04-0.47-0.49-0.08-0.43-0.22-0.57
0.920.670.120.930.860.860.80.62-0.65-0.04-0.490.34-0.180.380.660.09-0.030.90.250.60.860.040.240.250.61
0.040.01-0.080.00.060.08-0.17-0.110.36-0.040.420.180.33-0.01-0.130.170.1-0.010.18-0.11-0.01-0.21-0.06-0.1-0.12
-0.19-0.520.38-0.29-0.12-0.29-0.73-0.010.73-0.490.420.310.85-0.26-0.020.380.11-0.320.53-0.08-0.590.21-0.40.22-0.29
0.450.230.260.520.390.430.030.430.310.340.180.310.180.20.30.31-0.040.510.440.250.310.14-0.190.210.18
0.13-0.460.43-0.040.230.03-0.470.310.27-0.180.330.850.18-0.330.350.360.08-0.120.710.24-0.450.34-0.220.440.02
0.220.770.470.420.010.010.590.06-0.050.38-0.01-0.260.2-0.33-0.10.450.310.61-0.25-0.130.66-0.13-0.26-0.16-0.15
0.860.050.350.750.890.740.270.85-0.490.66-0.13-0.020.30.35-0.10.38-0.350.630.790.90.220.410.360.610.78
0.30.090.750.340.220.0-0.040.410.220.090.170.380.310.360.450.38-0.130.40.560.32-0.040.38-0.170.340.2
-0.190.440.3-0.08-0.26-0.30.27-0.360.1-0.030.10.11-0.040.080.31-0.35-0.130.0-0.41-0.660.21-0.09-0.6-0.23-0.69
0.870.760.390.970.730.740.760.63-0.440.9-0.01-0.320.51-0.120.610.630.40.00.320.550.820.030.120.20.49
0.6-0.310.370.440.680.47-0.250.70.040.250.180.530.440.71-0.250.790.56-0.410.320.75-0.180.440.150.620.62
0.79-0.050.140.670.830.780.180.81-0.470.6-0.11-0.080.250.24-0.130.90.32-0.660.550.750.190.250.550.50.88
0.640.90.050.760.50.620.890.27-0.490.86-0.01-0.590.31-0.450.660.22-0.040.210.82-0.180.19-0.240.06-0.110.24
0.2-0.320.480.060.26-0.03-0.180.52-0.080.04-0.210.210.140.34-0.130.410.38-0.090.030.440.25-0.24-0.230.740.32
0.26-0.12-0.430.220.30.470.110.16-0.430.24-0.06-0.4-0.19-0.22-0.260.36-0.17-0.60.120.150.550.06-0.23-0.150.5
0.45-0.280.30.250.530.22-0.090.83-0.220.25-0.10.220.210.44-0.160.610.34-0.230.20.620.5-0.110.74-0.150.54
0.75-0.04-0.110.60.80.730.240.77-0.570.61-0.12-0.290.180.02-0.150.780.2-0.690.490.620.880.240.320.50.54
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Emami Account Relationship Matchups

Emami fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets26.8B25.2B30.6B31.1B32.8B19.6B
Short Long Term Debt Total2.2B1.0B2.8B905.1M939.6M892.6M
Other Current Liab21.2M2.0B1.9B2.1B1.9B1.3B
Total Current Liabilities7.9B7.0B9.2B7.2B7.6B5.0B
Total Stockholder Equity18.2B17.6B20.8B23.0B24.5B13.2B
Property Plant And Equipment Net7.9B7.3B7.1B6.5B6.2B4.9B
Net Debt2.1B809.3M2.5B437.2M410.0M389.5M
Accounts Payable3.2B3.5B4.1B4.1B4.5B4.8B
Cash108.4M198.1M275.7M467.9M529.5M805.4M
Non Current Assets Total16.5B13.9B19.8B18.2B18.6B12.0B
Non Currrent Assets Other1.4B149.2M1.4B810.9M107.6M102.2M
Cash And Short Term Investments791.7M4.5B1.8B3.7B4.1B2.9B
Common Stock Shares Outstanding453.9M444.5M444.4M441.1M437.3M471.7M
Short Term Investments683.3M4.3B1.6B3.2B3.6B1.8B
Liabilities And Stockholders Equity26.8B25.2B30.6B31.1B32.8B19.6B
Non Current Liabilities Total635.5M577.5M674.7M732M631.7M934.1M
Inventory2.4B3.0B3.6B3.3B3.4B1.8B
Other Current Assets1.5B1.1B1.8B2.1B1.7B1.2B
Other Stockholder Equity(15.0B)722.5M1.0(49K)21K20.0K
Total Liab8.6B7.6B9.8B8.0B8.2B6.3B
Total Current Assets10.3B11.3B10.7B12.9B14.2B7.6B
Accumulated Other Comprehensive Income(3.0B)9.7B8.7B8.2B5.9B6.1B
Common Stock453.2M444.5M441.2M441.2M436.5M277.0M
Intangible Assets6.2B3.5B5.6B4.8B3.8B4.4B
Current Deferred Revenue2.5B2.2B2.1B2.0B68.9M65.5M
Retained Earnings5.8B6.8B11.6B14.4B18.2B19.1B
Net Receivables5.6B2.7B3.4B4.3B4.9B3.0B
Short Term Debt2.2B965.4M2.7B814.6M785.2M746.0M
Other Liab665.6M552.5M535.5M575.8M662.2M609.8M
Net Tangible Assets12.0B12.0B14.1B14.9B17.1B11.0B
Other Assets1.4B1.4B4.3B3.7B(1.0)(0.95)
Short Long Term Debt2.1B919.1M2.6B736.1M656.9M624.1M
Property Plant Equipment7.9B7.3B7.1B6.5B7.5B7.1B
Long Term Debt Total83.1M42.0M98.8M90.5M81.4M77.4M
Non Current Liabilities Other215.6M197.3M179.1M161.3M146.7M193.5M
Net Invested Capital20.3B18.5B23.4B23.8B25.1B24.6B
Net Working Capital2.4B4.3B1.6B5.6B6.6B3.5B

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