Emerson Non Recurring vs Minority Interest Analysis
EMR Stock | USD 132.60 0.01 0.01% |
Emerson Electric financial indicator trend analysis is much more than just examining Emerson Electric latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Emerson Electric is a good investment. Please check the relationship between Emerson Electric Non Recurring and its Minority Interest accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Emerson Electric. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. To learn how to invest in Emerson Stock, please use our How to Invest in Emerson Electric guide.
Non Recurring vs Minority Interest
Non Recurring vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Emerson Electric Non Recurring account and Minority Interest. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Emerson Electric's Non Recurring and Minority Interest is -0.2. Overlapping area represents the amount of variation of Non Recurring that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Emerson Electric, assuming nothing else is changed. The correlation between historical values of Emerson Electric's Non Recurring 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 Non Recurring of Emerson Electric 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 Non Recurring i.e., Emerson Electric's Non Recurring and Minority Interest go up and down completely randomly.
Correlation Coefficient | -0.2 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Non Recurring
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 Emerson Electric whose combined shares represent less than 50% of the total outstanding shares issued by Emerson Electric have a minority interest in Emerson Electric.Most indicators from Emerson Electric's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Emerson Electric 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 Emerson Electric. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. To learn how to invest in Emerson Stock, please use our How to Invest in Emerson Electric guide.At this time, Emerson Electric's Discontinued Operations is relatively stable compared to the past year. As of 11/30/2024, Tax Provision is likely to grow to about 511.8 M, while Selling General Administrative is likely to drop slightly above 4.3 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 8.2B | 7.4B | 7.8B | 6.5B | Total Revenue | 19.6B | 15.2B | 17.5B | 16.6B |
Emerson Electric fundamental ratios Correlations
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Emerson Electric Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Emerson Electric fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 22.9B | 24.7B | 35.7B | 42.7B | 44.2B | 46.5B | |
Short Long Term Debt Total | 7.5B | 6.7B | 10.4B | 8.2B | 7.7B | 4.4B | |
Other Current Liab | 2.3B | 3.1B | 4.3B | (594M) | 3.9B | 4.1B | |
Total Current Liabilities | 5.8B | 6.2B | 7.8B | 5.0B | 5.7B | 5.1B | |
Total Stockholder Equity | 8.4B | 9.9B | 10.4B | 20.7B | 21.6B | 22.7B | |
Property Plant And Equipment Net | 3.7B | 3.7B | 3.4B | 2.4B | 2.8B | 3.0B | |
Net Debt | 4.2B | 4.3B | 8.6B | 106M | 4.1B | 2.9B | |
Retained Earnings | 25.0B | 26.0B | 28.1B | 40.1B | 40.8B | 42.9B | |
Cash | 3.3B | 2.4B | 1.8B | 8.1B | 3.6B | 3.8B | |
Non Current Assets Total | 14.1B | 16.3B | 27.2B | 28.9B | 34.1B | 35.8B | |
Non Currrent Assets Other | 987M | 1.7B | 1.8B | 5.8B | 2.7B | 1.4B | |
Cash And Short Term Investments | 3.3B | 2.4B | 1.8B | 8.1B | 3.6B | 3.8B | |
Net Receivables | 2.8B | 3.5B | 3.2B | 2.5B | 2.9B | 3.0B | |
Common Stock Shares Outstanding | 606.6M | 601.8M | 592.9M | 577.3M | 574M | 630.2M | |
Liabilities And Stockholders Equity | 22.9B | 24.7B | 35.7B | 42.7B | 44.2B | 46.5B | |
Non Current Liabilities Total | 8.7B | 8.5B | 11.6B | 11.1B | 11.0B | 11.5B | |
Inventory | 1.9B | 2.1B | 2.2B | 2.0B | 2.2B | 1.9B | |
Other Current Assets | 761M | 529M | 1.7B | 1.2B | 1.5B | 1.6B | |
Other Stockholder Equity | (15.4B) | (15.8B) | (16.7B) | (18.6B) | (18.8B) | (17.9B) | |
Total Liab | 14.4B | 14.8B | 19.4B | 16.1B | 16.7B | 10.1B | |
Total Current Assets | 8.8B | 8.4B | 8.5B | 13.8B | 10.2B | 7.1B | |
Short Term Debt | 1.2B | 1.0B | 2.2B | 691M | 532M | 505.4M | |
Intangible Assets | 2.5B | 2.9B | 6.7B | 6.3B | 10.4B | 11.0B | |
Accounts Payable | 1.7B | 2.1B | 1.3B | 1.3B | 1.3B | 1.7B | |
Current Deferred Revenue | 583M | 730M | 1.5B | 1.8B | 2.0B | 1.6B | |
Good Will | 6.7B | 7.7B | 14.7B | 14.5B | 18.1B | 19.0B | |
Property Plant And Equipment Gross | 3.7B | 9.4B | 8.8B | 5.5B | 6.2B | 4.1B | |
Accumulated Other Comprehensive Income | (1.6B) | (872M) | (1.5B) | (1.3B) | (868M) | (911.4M) | |
Other Liab | 2.0B | 2.8B | 3.3B | 3.1B | 3.6B | 1.8B | |
Other Assets | 678M | 1.9B | 2.4B | 1.4B | 1.6B | 1.2B | |
Long Term Debt | 6.3B | 5.8B | 8.3B | 7.6B | 7.2B | 4.7B | |
Treasury Stock | (15.1B) | (15.9B) | (16.3B) | (16.7B) | (15.1B) | (14.3B) | |
Property Plant Equipment | 3.7B | 3.7B | 3.4B | 2.9B | 3.3B | 3.7B | |
Net Tangible Assets | 8.4B | (677M) | (11.0B) | (54M) | (48.6M) | (46.2M) | |
Noncontrolling Interest In Consolidated Entity | 43M | 40M | 42M | 6.0B | 6.8B | 7.2B | |
Retained Earnings Total Equity | 24.2B | 25.0B | 26.0B | 28.1B | 32.3B | 23.3B | |
Long Term Debt Total | 6.3B | 5.8B | 8.3B | 7.6B | 8.8B | 5.3B |
Pair Trading with Emerson Electric
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Emerson Electric position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Emerson Electric will appreciate offsetting losses from the drop in the long position's value.Moving together with Emerson Stock
0.69 | B | Barnes Group | PairCorr |
0.96 | CR | Crane Company | PairCorr |
0.73 | HI | Hillenbrand | PairCorr |
0.86 | IR | Ingersoll Rand | PairCorr |
Moving against Emerson Stock
The ability to find closely correlated positions to Emerson Electric could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Emerson Electric when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Emerson Electric - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Emerson Electric to buy it.
The correlation of Emerson Electric is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Emerson Electric moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Emerson Electric moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Emerson Electric can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Emerson Stock Analysis
When running Emerson Electric's price analysis, check to measure Emerson Electric's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Emerson Electric is operating at the current time. Most of Emerson Electric's value examination focuses on studying past and present price action to predict the probability of Emerson Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Emerson Electric's price. Additionally, you may evaluate how the addition of Emerson Electric to your portfolios can decrease your overall portfolio volatility.