JPMorgan Minority Interest vs Income Tax Expense Analysis

JPM Stock  USD 248.55  3.79  1.55%   
JPMorgan Chase financial indicator trend analysis is infinitely more than just investigating JPMorgan Chase recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JPMorgan Chase is a good investment. Please check the relationship between JPMorgan Chase Minority Interest and its Income Tax Expense accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JPMorgan Chase Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Minority Interest vs Income Tax Expense

Minority Interest vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JPMorgan Chase Minority Interest account and Income Tax Expense. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between JPMorgan Chase's Minority Interest and Income Tax Expense is -0.49. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of JPMorgan Chase Co, assuming nothing else is changed. The correlation between historical values of JPMorgan Chase's Minority Interest and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of JPMorgan Chase Co are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Minority Interest i.e., JPMorgan Chase's Minority Interest and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

-0.49
Relationship DirectionNegative 
Relationship StrengthVery Weak

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 JPMorgan Chase Co whose combined shares represent less than 50% of the total outstanding shares issued by JPMorgan Chase have a minority interest in JPMorgan Chase.

Income Tax Expense

Most indicators from JPMorgan Chase's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JPMorgan Chase 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 JPMorgan Chase Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
At this time, JPMorgan Chase's Selling General Administrative is very stable compared to the past year. As of the 25th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.36, while Tax Provision is likely to drop about 10 B.
 2021 2022 2023 2024 (projected)
Operating Income65.0B52.5B70.5B74.1B
Other Operating Expenses71.3B76.1B75.1B78.9B

JPMorgan Chase fundamental ratios Correlations

0.40.920.160.510.180.310.110.190.11-0.550.430.60.930.160.590.390.17-0.040.48-0.850.90.870.47-0.530.5
0.40.520.380.960.94-0.550.930.870.4-0.290.370.440.370.48-0.461.00.940.750.34-0.490.730.77-0.52-0.870.28
0.920.520.40.550.330.190.230.290.35-0.680.250.680.930.120.380.520.330.220.64-0.820.920.890.26-0.580.62
0.160.380.40.280.42-0.260.30.410.98-0.75-0.650.720.29-0.41-0.250.390.420.750.54-0.330.30.26-0.35-0.22-0.01
0.510.960.550.280.87-0.450.90.830.31-0.250.490.440.430.49-0.340.950.870.60.28-0.580.810.84-0.39-0.880.18
0.180.940.330.420.87-0.580.940.80.45-0.220.220.320.170.41-0.650.941.00.810.21-0.330.560.61-0.75-0.760.17
0.31-0.550.19-0.26-0.45-0.58-0.65-0.85-0.3-0.10.06-0.180.37-0.220.7-0.56-0.59-0.710.12-0.170.0-0.050.670.430.18
0.110.930.230.30.90.94-0.650.840.34-0.070.320.210.090.5-0.710.930.940.750.14-0.290.510.57-0.71-0.730.02
0.190.870.290.410.830.8-0.850.840.43-0.190.180.480.130.34-0.510.880.80.80.2-0.310.510.55-0.53-0.750.06
0.110.40.350.980.310.45-0.30.340.43-0.75-0.660.730.2-0.44-0.330.410.460.780.46-0.230.280.24-0.42-0.27-0.08
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0.430.370.25-0.650.490.220.060.320.18-0.660.35-0.230.30.770.160.360.22-0.3-0.11-0.340.470.520.18-0.440.32
0.60.440.680.720.440.32-0.180.210.480.73-0.91-0.230.55-0.240.150.440.330.470.42-0.520.620.55-0.01-0.50.11
0.930.370.930.290.430.170.370.090.130.2-0.580.30.550.140.530.360.160.010.64-0.90.850.810.44-0.360.52
0.160.480.12-0.410.490.41-0.220.50.34-0.440.290.77-0.240.14-0.180.480.40.03-0.22-0.240.310.37-0.16-0.390.24
0.59-0.460.38-0.25-0.34-0.650.7-0.71-0.51-0.33-0.180.160.150.53-0.18-0.47-0.65-0.670.14-0.360.190.130.940.210.33
0.391.00.520.390.950.94-0.560.930.880.41-0.290.360.440.360.48-0.470.940.760.34-0.480.720.76-0.53-0.870.29
0.170.940.330.420.871.0-0.590.940.80.46-0.230.220.330.160.4-0.650.940.820.21-0.330.560.6-0.75-0.760.17
-0.040.750.220.750.60.81-0.710.750.80.78-0.37-0.30.470.010.03-0.670.760.820.34-0.140.30.33-0.73-0.560.07
0.480.340.640.540.280.210.120.140.20.46-0.44-0.110.420.64-0.220.140.340.210.34-0.520.50.490.17-0.240.45
-0.85-0.49-0.82-0.33-0.58-0.33-0.17-0.29-0.31-0.230.47-0.34-0.52-0.9-0.24-0.36-0.48-0.33-0.14-0.52-0.84-0.82-0.270.37-0.42
0.90.730.920.30.810.560.00.510.510.28-0.530.470.620.850.310.190.720.560.30.5-0.840.990.08-0.770.46
0.870.770.890.260.840.61-0.050.570.550.24-0.450.520.550.810.370.130.760.60.330.49-0.820.990.03-0.80.48
0.47-0.520.26-0.35-0.39-0.750.67-0.71-0.53-0.42-0.010.18-0.010.44-0.160.94-0.53-0.75-0.730.17-0.270.080.030.310.22
-0.53-0.87-0.58-0.22-0.88-0.760.43-0.73-0.75-0.270.32-0.44-0.5-0.36-0.390.21-0.87-0.76-0.56-0.240.37-0.77-0.80.31-0.32
0.50.280.62-0.010.180.170.180.020.06-0.08-0.140.320.110.520.240.330.290.170.070.45-0.420.460.480.22-0.32
Click cells to compare fundamentals

JPMorgan Chase Account Relationship Matchups

JPMorgan Chase fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding3.2B3.1B3.0B3.0B2.9B2.5B
Total Assets2.7T3.4T3.7T3.7T3.9T4.1T
Short Long Term Debt Total408.0B426.5B469.2B466.7B436.5B269.6B
Total Current Liabilities251.3B277.8B316.3B344.2B44.7B42.5B
Total Stockholder Equity261.3B279.4B294.1B292.3B327.9B344.3B
Property Plant And Equipment Net25.8B27.1B27.1B27.7B30.2B31.7B
Net Debt144.4B(101.2B)(271.7B)(100.5B)(187.6B)(178.2B)
Retained Earnings223.2B237.0B272.3B296.5B332.9B349.5B
Cash263.6B527.6B740.8B567.2B624.2B655.4B
Non Current Assets Total838.7B1.1T1.1T1.1T94.5B89.8B
Non Currrent Assets Other(838.7B)(1.0T)(1.1T)(1.1T)(94.5B)(99.3B)
Other Assets1.1T713.6B866.1B915.7B2.6T2.7T
Cash And Short Term Investments625.0B883.6B1.0T763.9B230.8B324.2B
Net Receivables122.6B90.5B102.6B125.2B107.4B73.8B
Liabilities And Stockholders Equity2.7T3.4T3.7T3.7T3.9T4.1T
Non Current Liabilities Total367.1B381.2B415.6B3.3T3.4T3.5T
Other Stockholder Equity5.5B210M(17B)(18.3B)(26.1B)(24.8B)
Total Liab2.4T3.1T3.4T3.4T3.5T3.7T
Property Plant And Equipment Gross14.9B25.8B27.1B27.7B30.2B31.7B
Total Current Assets747.6B1.6T1.7T1.6T1.2T1.2T
Short Term Debt40.9B45.2B53.6B44.0B44.7B33.9B
Other Current Liab(251.3B)(37.5B)(169.2B)(234.9B)(162.0B)(153.9B)
Accumulated Other Comprehensive Income1.6B8.0B(84M)(17.3B)(10.4B)(9.9B)
Accounts Payable210.4B140.3B169.2B188.7B162.0B164.4B
Long Term Debt137.1B187.8B301.0B190.6B391.8B232.0B
Good Will47.8B49.2B50.3B51.7B52.6B47.2B
Short Term Investments361.3B356.0B290.3B196.7B201.7B254.0B
Other Current Assets1.1T604.4B611.3B758.3B825.0B903.5B
Preferred Stock Total Equity27.0B30.1B34.8B27.4B31.5B17.0B
Treasury Stock(60.5B)(83.0B)(88.2B)(105.4B)(94.9B)(90.1B)
Intangible Assets5.5B4.2B6.4B9.2B11.7B10.6B
Property Plant Equipment25.8B27.1B27.1B27.7B31.9B33.5B
Inventory(1.1T)(1.6T)(1.7T)(1.6T)(1.9T)(1.8T)
Net Tangible Assets234.3B249.3B208.1B264.9B304.7B203.4B
Retained Earnings Total Equity223.2B237.0B272.3B296.5B340.9B179.9B
Long Term Debt Total137.1B187.8B301.0B190.6B171.5B217.0B

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When determining whether JPMorgan Chase is a strong investment it is important to analyze JPMorgan Chase's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact JPMorgan Chase's future performance. For an informed investment choice regarding JPMorgan Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JPMorgan Chase Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of JPMorgan Chase. If investors know JPMorgan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about JPMorgan Chase listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.009
Dividend Share
4.6
Earnings Share
18
Revenue Per Share
56.043
Quarterly Revenue Growth
0.03
The market value of JPMorgan Chase is measured differently than its book value, which is the value of JPMorgan that is recorded on the company's balance sheet. Investors also form their own opinion of JPMorgan Chase's value that differs from its market value or its book value, called intrinsic value, which is JPMorgan Chase's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because JPMorgan Chase's market value can be influenced by many factors that don't directly affect JPMorgan Chase's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between JPMorgan Chase's value and its price as these two are different measures arrived at by different means. Investors typically determine if JPMorgan Chase is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JPMorgan Chase's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.