KEP Stock | | | USD 8.72 0.06 0.68% |
Korea Electric financial indicator trend analysis is infinitely more than just investigating Korea Electric Power recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Korea Electric Power is a good investment. Please check the relationship between Korea Electric Minority Interest and its Depreciation And Amortization accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Korea Electric Power. 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.
Minority Interest vs Depreciation And Amortization
Minority Interest vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Korea Electric Power Minority Interest account and
Depreciation And Amortization. At this time, the significance of the direction appears to have very week relationship.
The correlation between Korea Electric's Minority Interest and Depreciation And Amortization is 0.27. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Korea Electric Power, assuming nothing else is changed. The correlation between historical values of Korea Electric's Minority Interest and Depreciation And Amortization 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 Korea Electric Power are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Minority Interest i.e., Korea Electric's Minority Interest and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.27 |
Relationship Direction | Positive |
Relationship Strength | Very 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 Korea Electric Power whose combined shares represent less than 50% of the total outstanding shares issued by Korea Electric have a minority interest in Korea Electric.
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Korea Electric's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Korea Electric Power 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Korea Electric Power. 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.
At this time, Korea Electric's
Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 11/28/2024,
Enterprise Value Over EBITDA is likely to grow to 15.35, while
Selling General Administrative is likely to drop slightly above 1.8
T.
Korea Electric fundamental ratios Correlations
Click cells to compare fundamentals
Korea Electric Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Korea Electric fundamental ratios Accounts
Additional Tools for Korea Stock Analysis
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