| INCH Stock | | | 772.00 2.00 0.26% |
Inchcape PLC financial indicator trend analysis is infinitely more than just investigating Inchcape PLC recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Inchcape PLC is a good investment. Please check the relationship between Inchcape PLC Cost Of Revenue and its Minority Interest accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Inchcape PLC. 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.
Cost Of Revenue vs Minority Interest
Cost Of Revenue vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Inchcape PLC Cost Of Revenue account and
Minority Interest. At this time, the significance of the direction appears to have no relationship.
The correlation between Inchcape PLC's Cost Of Revenue and Minority Interest is 0.03. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Inchcape PLC, assuming nothing else is changed. The correlation between historical values of Inchcape PLC's Cost Of Revenue 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 Cost Of Revenue of Inchcape PLC 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 Cost Of Revenue i.e., Inchcape PLC's Cost Of Revenue and Minority Interest go up and down completely randomly.
Correlation Coefficient | 0.03 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Cost Of Revenue
Cost of Revenue is found on Inchcape PLC income statement and represents the costs associated with goods and services Inchcape PLC provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
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 Inchcape PLC whose combined shares represent less than 50% of the total outstanding shares issued by Inchcape PLC have a minority interest in Inchcape PLC.
Most indicators from Inchcape PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Inchcape PLC 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 Inchcape PLC. 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.
Selling General Administrative is likely to drop to about 515.2
M in 2024.
Tax Provision is likely to drop to about 86.6
M in 2024
Inchcape PLC fundamental ratios Correlations
Click cells to compare fundamentals
Inchcape PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Inchcape PLC fundamental ratios Accounts
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Additional Tools for Inchcape Stock Analysis
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measure Inchcape PLC'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 Inchcape PLC is operating at the current time. Most of Inchcape PLC's value examination focuses on studying past and present price action to
predict the probability of Inchcape PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inchcape PLC's price. Additionally, you may evaluate how the addition of Inchcape PLC to your portfolios can decrease your overall portfolio volatility.