| GXU Stock | | | CAD 0.06 0.01 7.69% |
GoviEx Uranium financial indicator trend analysis is much more than just examining GoviEx Uranium latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GoviEx Uranium is a good investment. Please check the relationship between GoviEx Uranium Income Before Tax and its Minority Interest accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GoviEx Uranium. 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.
Income Before Tax vs Minority Interest
Income Before Tax vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
GoviEx Uranium Income Before Tax account and
Minority Interest. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between GoviEx Uranium's Income Before Tax and Minority Interest is -0.02. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Minority Interest in the same time period over historical financial statements of GoviEx Uranium, assuming nothing else is changed. The correlation between historical values of GoviEx Uranium's Income Before Tax 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 Income Before Tax of GoviEx Uranium 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 Income Before Tax i.e., GoviEx Uranium's Income Before Tax and Minority Interest go up and down completely randomly.
Correlation Coefficient | -0.02 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on GoviEx Uranium income statement and is an important metric when analyzing GoviEx Uranium profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
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 GoviEx Uranium whose combined shares represent less than 50% of the total outstanding shares issued by GoviEx Uranium have a minority interest in GoviEx Uranium.
Most indicators from GoviEx Uranium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GoviEx Uranium 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 GoviEx Uranium. 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.
Issuance Of Capital Stock is likely to climb to about 22.5
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 2.9
M in 2024.
GoviEx Uranium fundamental ratios Correlations
Click cells to compare fundamentals
GoviEx Uranium Account Relationship Matchups
High Positive Relationship
High Negative Relationship
GoviEx Uranium fundamental ratios Accounts
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Additional Tools for GoviEx Stock Analysis
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measure GoviEx Uranium'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 GoviEx Uranium is operating at the current time. Most of GoviEx Uranium's value examination focuses on studying past and present price action to
predict the probability of GoviEx Uranium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GoviEx Uranium's price. Additionally, you may evaluate how the addition of GoviEx Uranium to your portfolios can decrease your overall portfolio volatility.