GEV Ebit vs Minority Interest Analysis
| GEV Stock | 335.33 3.56 1.05% |
GE Vernova financial indicator trend analysis is much more than just examining GE Vernova LLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GE Vernova LLC is a good investment. Please check the relationship between GE Vernova Ebit and its Minority Interest accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GE Vernova LLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Ebit vs Minority Interest
Ebit vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GE Vernova LLC Ebit account and Minority Interest. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between GE Vernova's Ebit and Minority Interest is 0.4. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Minority Interest in the same time period over historical financial statements of GE Vernova LLC, assuming nothing else is changed. The correlation between historical values of GE Vernova's Ebit 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 Ebit of GE Vernova LLC 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 Ebit i.e., GE Vernova's Ebit and Minority Interest go up and down completely randomly.
Correlation Coefficient | 0.4 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Ebit
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 GE Vernova LLC whose combined shares represent less than 50% of the total outstanding shares issued by GE Vernova have a minority interest in GE Vernova.Most indicators from GE Vernova's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GE Vernova LLC 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GE Vernova LLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. Tax Provision is likely to climb to about 553.4 M in 2024. Selling General Administrative is likely to climb to about 5.5 B in 2024
| 2010 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 1.2B | 991M | 964M | 834.9M | Interest Income | 71M | 42M | 37.8M | 45.2M |
GE Vernova fundamental ratios Correlations
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GE Vernova Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for GEV Stock Analysis
When running GE Vernova's price analysis, check to measure GE Vernova'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 GE Vernova is operating at the current time. Most of GE Vernova's value examination focuses on studying past and present price action to predict the probability of GE Vernova's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GE Vernova's price. Additionally, you may evaluate how the addition of GE Vernova to your portfolios can decrease your overall portfolio volatility.