GoviEx Total Other Income Expense Net vs Minority Interest Analysis

GXU Stock  CAD 0.06  0  4.17%   
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 Total Other Income Expense Net 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.

Total Other Income Expense Net vs Minority Interest

Total Other Income Expense Net vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GoviEx Uranium Total Other Income Expense Net account and Minority Interest. At this time, the significance of the direction appears to have almost no relationship.
The correlation between GoviEx Uranium's Total Other Income Expense Net and Minority Interest is 0.12. Overlapping area represents the amount of variation of Total Other Income Expense Net 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 Total Other Income Expense Net 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 Other Income Expense Net 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 Total Other Income Expense Net i.e., GoviEx Uranium's Total Other Income Expense Net and Minority Interest go up and down completely randomly.

Correlation Coefficient

0.12
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Other Income Expense Net

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.
 2021 2022 2023 2024 (projected)
Total Operating Expenses12.6M14.3M12.7M9.4M
Cost Of Revenue18K64K63K100.4K

GoviEx Uranium fundamental ratios Correlations

-0.37-0.410.580.580.87-0.61-0.770.640.650.870.38-0.60.660.180.86-0.5-0.60.56-0.48-0.370.53-0.37-0.50.70.91
-0.370.98-0.96-0.96-0.620.950.76-0.14-0.13-0.62-1.0-0.22-0.15-0.08-0.690.170.93-0.970.981.00.291.00.17-0.89-0.59
-0.410.98-0.94-0.94-0.680.960.83-0.18-0.15-0.68-0.98-0.17-0.180.0-0.730.280.95-0.980.990.980.270.980.28-0.92-0.64
0.58-0.96-0.941.00.75-0.98-0.850.310.30.750.960.040.320.170.82-0.31-0.960.98-0.97-0.96-0.08-0.96-0.310.960.75
0.58-0.96-0.941.00.74-0.98-0.840.320.290.740.960.040.310.170.83-0.29-0.950.98-0.97-0.96-0.09-0.96-0.290.960.75
0.87-0.62-0.680.750.74-0.79-0.850.470.331.00.63-0.490.360.220.85-0.42-0.820.76-0.73-0.620.11-0.62-0.420.820.91
-0.610.950.96-0.98-0.98-0.790.91-0.31-0.36-0.79-0.96-0.03-0.38-0.07-0.830.390.96-0.990.980.950.040.950.39-0.97-0.76
-0.770.760.83-0.85-0.84-0.850.91-0.51-0.58-0.85-0.780.16-0.610.09-0.890.650.86-0.870.860.76-0.240.760.65-0.94-0.86
0.64-0.14-0.180.310.320.47-0.31-0.510.420.470.13-0.270.450.010.67-0.32-0.20.3-0.25-0.140.39-0.14-0.320.480.67
0.65-0.13-0.150.30.290.33-0.36-0.580.420.330.15-0.181.0-0.250.48-0.77-0.230.25-0.22-0.130.89-0.13-0.770.410.48
0.87-0.62-0.680.750.741.0-0.79-0.850.470.330.63-0.490.360.220.85-0.42-0.820.76-0.73-0.620.11-0.62-0.420.820.91
0.38-1.0-0.980.960.960.63-0.96-0.780.130.150.630.220.170.070.68-0.22-0.930.97-0.98-1.0-0.27-1.0-0.220.90.59
-0.6-0.22-0.170.040.04-0.49-0.030.16-0.27-0.18-0.490.22-0.2-0.2-0.340.160.110.04-0.12-0.22-0.33-0.220.16-0.07-0.46
0.66-0.15-0.180.320.310.36-0.38-0.610.451.00.360.17-0.2-0.250.51-0.78-0.260.28-0.25-0.150.88-0.15-0.780.440.5
0.18-0.080.00.170.170.22-0.070.090.01-0.250.220.07-0.2-0.250.020.15-0.120.06-0.02-0.08-0.09-0.080.150.020.14
0.86-0.69-0.730.820.830.85-0.83-0.890.670.480.850.68-0.340.510.02-0.38-0.820.83-0.77-0.690.2-0.69-0.380.930.96
-0.50.170.28-0.31-0.29-0.420.390.65-0.32-0.77-0.42-0.220.16-0.780.15-0.380.3-0.290.320.17-0.660.171.0-0.41-0.48
-0.60.930.95-0.96-0.95-0.820.960.86-0.2-0.23-0.82-0.930.11-0.26-0.12-0.820.3-0.970.960.930.140.930.3-0.94-0.76
0.56-0.97-0.980.980.980.76-0.99-0.870.30.250.760.970.040.280.060.83-0.29-0.97-0.99-0.97-0.16-0.97-0.290.970.75
-0.480.980.99-0.97-0.97-0.730.980.86-0.25-0.22-0.73-0.98-0.12-0.25-0.02-0.770.320.96-0.990.980.20.980.32-0.95-0.69
-0.371.00.98-0.96-0.96-0.620.950.76-0.14-0.13-0.62-1.0-0.22-0.15-0.08-0.690.170.93-0.970.980.291.00.17-0.89-0.59
0.530.290.27-0.08-0.090.110.04-0.240.390.890.11-0.27-0.330.88-0.090.2-0.660.14-0.160.20.290.29-0.660.040.26
-0.371.00.98-0.96-0.96-0.620.950.76-0.14-0.13-0.62-1.0-0.22-0.15-0.08-0.690.170.93-0.970.981.00.290.17-0.89-0.59
-0.50.170.28-0.31-0.29-0.420.390.65-0.32-0.77-0.42-0.220.16-0.780.15-0.381.00.3-0.290.320.17-0.660.17-0.41-0.48
0.7-0.89-0.920.960.960.82-0.97-0.940.480.410.820.9-0.070.440.020.93-0.41-0.940.97-0.95-0.890.04-0.89-0.410.85
0.91-0.59-0.640.750.750.91-0.76-0.860.670.480.910.59-0.460.50.140.96-0.48-0.760.75-0.69-0.590.26-0.59-0.480.85
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GoviEx Uranium Account Relationship Matchups

GoviEx Uranium fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets70.6M72.4M80.1M74.2M80.8M77.2M
Total Current Liabilities684K600K7.1M1.2M1.3M1.2M
Total Stockholder Equity55.1M55.1M61.9M62.7M69.6M60.5M
Net Tangible Assets65.2M55.1M55.1M61.9M71.2M57.7M
Property Plant And Equipment Net69.6M69.6M69.7M69.9M68.3M71.2M
Net Debt(761K)(2.5M)(9.6M)(3.3M)(11.9M)(11.3M)
Retained Earnings(208.1M)(213.9M)(224.4M)(236.2M)(250.1M)(262.6M)
Accounts Payable684K600K769K1.2M1.4M711.2K
Cash761K2.5M9.6M3.3M11.9M12.5M
Non Current Assets Total69.8M69.8M69.9M70.0M68.5M71.4M
Cash And Short Term Investments807K2.7M9.6M4.1M12.2M12.8M
Net Receivables56K11K570K24K44K41.8K
Common Stock Shares Outstanding417.4M451.6M536.7M597.3M812.7M408.1M
Liabilities And Stockholders Equity70.6M72.4M80.1M74.2M80.8M77.2M
Other Stockholder Equity19.9M20.7M20.9M21.7M23.6M19.6M
Total Liab2.8M5.1M7.1M1.2M1.3M1.2M
Total Current Assets877K2.7M10.2M4.2M12.3M12.9M
Common Stock243.3M248.3M265.4M277.2M296.1M262.6M
Property Plant Equipment69.6M69.6M69.6M69.7M80.1M70.1M
Short Term Investments46K118K35K831K358K273.0K
Net Invested Capital55.1M55.1M61.9M62.7M69.6M68.7M
Net Working Capital193K2.1M3.1M3.0M11.0M11.6M
Capital Stock243.3M248.3M265.4M277.2M296.1M288.0M

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