| LPX Stock | | | USD 115.89 1.49 1.30% |
Louisiana Pacific financial indicator trend analysis is infinitely more than just investigating Louisiana Pacific recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Louisiana Pacific is a good investment. Please check the relationship between Louisiana Pacific Income Before Tax and its Minority Interest accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Louisiana Pacific. 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.
For more information on how to buy Louisiana Stock please use our
How to Invest in Louisiana Pacific guide.
Income Before Tax vs Minority Interest
Income Before Tax vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Louisiana Pacific Income Before Tax account and
Minority Interest. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Louisiana Pacific's Income Before Tax and Minority Interest is -0.14. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Louisiana Pacific, assuming nothing else is changed. The correlation between historical values of Louisiana Pacific's Income Before Tax 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 Income Before Tax of Louisiana Pacific 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 Income Before Tax i.e., Louisiana Pacific's Income Before Tax and Minority Interest go up and down completely randomly.
Correlation Coefficient | -0.14 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Louisiana Pacific income statement and is an important metric when analyzing Louisiana Pacific profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
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 Louisiana Pacific whose combined shares represent less than 50% of the total outstanding shares issued by Louisiana Pacific have a minority interest in Louisiana Pacific.
Most indicators from Louisiana Pacific's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Louisiana Pacific 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 Louisiana Pacific. 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.
For more information on how to buy Louisiana Stock please use our
How to Invest in Louisiana Pacific guide.At this time, Louisiana Pacific's
Discontinued Operations is fairly stable compared to the past year.
Tax Provision is likely to rise to about 139.9
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 189.9
M in 2024.
Louisiana Pacific fundamental ratios Correlations
Click cells to compare fundamentals
Louisiana Pacific Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Louisiana Pacific fundamental ratios Accounts
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Additional Tools for Louisiana Stock Analysis
When running Louisiana Pacific's price analysis, check to
measure Louisiana Pacific'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 Louisiana Pacific is operating at the current time. Most of Louisiana Pacific's value examination focuses on studying past and present price action to
predict the probability of Louisiana Pacific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Louisiana Pacific's price. Additionally, you may evaluate how the addition of Louisiana Pacific to your portfolios can decrease your overall portfolio volatility.