| LIKHITHA | | | 322.70 1.95 0.60% |
Likhitha Infrastructure financial indicator trend analysis is infinitely more than just investigating Likhitha Infrastructure recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Likhitha Infrastructure is a good investment. Please check the relationship between Likhitha Infrastructure Other Operating Expenses and its Minority Interest accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Likhitha Infrastructure Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
Other Operating Expenses vs Minority Interest
Other Operating Expenses vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Likhitha Infrastructure Other Operating Expenses account and
Minority Interest. At this time, the significance of the direction appears to have weak relationship.
The correlation between Likhitha Infrastructure's Other Operating Expenses and Minority Interest is 0.35. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Likhitha Infrastructure Limited, assuming nothing else is changed. The correlation between historical values of Likhitha Infrastructure's Other Operating Expenses 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 Other Operating Expenses of Likhitha Infrastructure Limited 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 Other Operating Expenses i.e., Likhitha Infrastructure's Other Operating Expenses and Minority Interest go up and down completely randomly.
Correlation Coefficient | 0.35 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Likhitha Infrastructure. It is also known as Likhitha Infrastructure overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
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 Likhitha Infrastructure Limited whose combined shares represent less than 50% of the total outstanding shares issued by Likhitha Infrastructure have a minority interest in Likhitha Infrastructure.
Most indicators from Likhitha Infrastructure's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Likhitha Infrastructure 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 Likhitha Infrastructure Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
The Likhitha Infrastructure's current
Selling General Administrative is estimated to increase to about 34
M. The Likhitha Infrastructure's current
Tax Provision is estimated to increase to about 295.2
MLikhitha Infrastructure fundamental ratios Correlations
Click cells to compare fundamentals
Likhitha Infrastructure Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Likhitha Infrastructure fundamental ratios Accounts
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Other Information on Investing in Likhitha Stock
Balance Sheet is a snapshot of the
financial position of Likhitha Infrastructure at a specified time, usually calculated after every quarter, six months, or one year. Likhitha Infrastructure Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Likhitha Infrastructure and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Likhitha currently owns. An asset can also be divided into two categories, current and non-current.