OneSavings Minority Interest vs Income Tax Expense Analysis

OSB Stock   383.20  0.80  0.21%   
OneSavings Bank financial indicator trend analysis is much more than just breaking down OneSavings Bank PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OneSavings Bank PLC is a good investment. Please check the relationship between OneSavings Bank Minority Interest and its Income Tax Expense accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OneSavings Bank 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 bureau of economic analysis.

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 OneSavings Bank PLC Minority Interest account and Income Tax Expense. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between OneSavings Bank's Minority Interest and Income Tax Expense is -0.22. 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 OneSavings Bank PLC, assuming nothing else is changed. The correlation between historical values of OneSavings Bank'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 OneSavings Bank PLC 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., OneSavings Bank's Minority Interest and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

-0.22
Relationship DirectionNegative 
Relationship StrengthInsignificant

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 OneSavings Bank PLC whose combined shares represent less than 50% of the total outstanding shares issued by OneSavings Bank have a minority interest in OneSavings Bank.

Income Tax Expense

Most indicators from OneSavings Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OneSavings Bank 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in OneSavings Bank 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 bureau of economic analysis.
As of November 28, 2024, Selling General Administrative is expected to decline to about 83.9 M. In addition to that, Tax Provision is expected to decline to about 78.8 M
 2021 2022 2023 2024 (projected)
Gross Profit758.7M1.1B1.8B1.9B
Total Revenue758.7M1.1B609.6M441.0M

OneSavings Bank fundamental ratios Correlations

0.990.750.990.890.030.930.890.970.980.880.890.90.660.88-0.221.00.990.450.90.230.530.980.680.990.15
0.990.711.00.90.110.940.910.970.980.880.920.910.720.84-0.250.990.980.40.860.240.580.970.680.990.17
0.750.710.730.57-0.360.70.50.740.740.60.520.630.510.810.180.750.760.580.84-0.150.310.760.550.77-0.39
0.991.00.730.890.080.950.90.970.980.890.910.920.690.85-0.240.990.990.410.860.210.560.970.660.990.18
0.890.90.570.890.270.740.950.860.870.680.950.710.630.67-0.20.890.880.250.860.320.450.860.770.850.21
0.030.11-0.360.080.27-0.030.370.110.11-0.140.35-0.030.24-0.38-0.150.02-0.02-0.79-0.040.310.230.050.42-0.040.45
0.930.940.70.950.74-0.030.80.910.910.960.810.960.710.83-0.260.930.940.460.70.10.610.910.450.960.17
0.890.910.50.90.950.370.80.860.870.731.00.760.630.61-0.240.890.870.190.760.30.510.850.720.850.27
0.970.970.740.970.860.110.910.861.00.830.870.90.750.86-0.250.970.950.30.880.270.631.00.750.970.23
0.980.980.740.980.870.110.910.871.00.830.880.90.730.85-0.240.980.950.310.880.270.621.00.750.970.23
0.880.880.60.890.68-0.140.960.730.830.830.740.970.590.85-0.450.880.890.570.630.230.550.830.330.920.2
0.890.920.520.910.950.350.811.00.870.880.740.770.640.63-0.240.890.870.210.770.290.510.850.710.860.26
0.90.910.630.920.71-0.030.960.760.90.90.970.770.690.87-0.50.90.890.420.690.340.680.910.490.930.28
0.660.720.510.690.630.240.710.630.750.730.590.640.690.55-0.160.660.660.030.530.10.660.730.50.680.14
0.880.840.810.850.67-0.380.830.610.860.850.850.630.870.55-0.30.880.880.680.840.260.460.880.50.90.02
-0.22-0.250.18-0.24-0.2-0.15-0.26-0.24-0.25-0.24-0.45-0.24-0.5-0.16-0.3-0.22-0.160.03-0.07-0.88-0.45-0.25-0.17-0.22-0.53
1.00.990.750.990.890.020.930.890.970.980.880.890.90.660.88-0.220.990.460.90.230.520.980.680.990.15
0.990.980.760.990.88-0.020.940.870.950.950.890.870.890.660.88-0.160.990.510.880.150.490.960.620.990.11
0.450.40.580.410.25-0.790.460.190.30.310.570.210.420.030.680.030.460.510.44-0.18-0.060.35-0.110.5-0.39
0.90.860.840.860.86-0.040.70.760.880.880.630.770.690.530.84-0.070.90.880.440.250.370.90.830.86-0.06
0.230.24-0.150.210.320.310.10.30.270.270.230.290.340.10.26-0.880.230.15-0.180.250.340.270.470.180.51
0.530.580.310.560.450.230.610.510.630.620.550.510.680.660.46-0.450.520.49-0.060.370.340.610.420.560.33
0.980.970.760.970.860.050.910.851.01.00.830.850.910.730.88-0.250.980.960.350.90.270.610.740.970.21
0.680.680.550.660.770.420.450.720.750.750.330.710.490.50.5-0.170.680.62-0.110.830.470.420.740.610.13
0.990.990.770.990.85-0.040.960.850.970.970.920.860.930.680.9-0.220.990.990.50.860.180.560.970.610.13
0.150.17-0.390.180.210.450.170.270.230.230.20.260.280.140.02-0.530.150.11-0.39-0.060.510.330.210.130.13
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OneSavings Bank Account Relationship Matchups

OneSavings Bank fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets21.4B22.7B24.5B27.6B29.6B31.1B
Short Long Term Debt Total3.5B4.1B4.8B5.4B5.1B5.4B
Other Current Liab16.3B(600K)17.6B(504.3M)22.3B23.4B
Total Stockholder Equity1.4B1.6B2.0B2.2B2.1B2.3B
Property Plant And Equipment Net41.6M39.2M35.1M40.9M43.8M23.8M
Net Debt1.4B1.7B2.1B2.3B(2.3B)(2.2B)
Retained Earnings553.2M1.6B3.2B3.4B3.3B3.5B
Cash2.1B2.4B2.7B3.0B2.3B1.4B
Non Current Assets Total21.4B22.6B24.5B27.6B27.1B28.4B
Non Currrent Assets Other21.3B22.4B24.4B27.4B26.7B28.1B
Other Assets1.019.4B21.3B23.9B27.5B28.8B
Cash And Short Term Investments2.1B2.4B2.7B3.0B2.5B1.4B
Liabilities And Stockholders Equity21.4B22.7B24.5B27.6B29.6B31.1B
Non Current Liabilities Total3.2B3.2B4.8B5.0B5.1B2.8B
Other Current Assets9.7M16.2M9.8M9.9M26.6M27.9M
Other Stockholder Equity867M(1.4B)(2.8M)200K2.8M2.7M
Total Liab20.0B21.0B22.5B25.4B27.4B28.8B
Property Plant And Equipment Gross41.6M39.2M49M57.9M63.6M66.8M
Total Current Assets9.7M16.2M9.8M9.9M2.5B2.6B
Accumulated Other Comprehensive Income(4.9M)(1.4B)(1.2B)(1.2B)(1.2B)(1.1B)
Intangible Assets31.4M20.6M18.4M12M26.1M27.4M
Common Stock Shares Outstanding293.4M450.2M452.7M446.6M421.2M355.4M
Total Current Liabilities16.8B17.8B17.7B20.4B22.3B23.4B
Other Liab64.7M50.1M41.8M17.1M19.7M20.2M
Net Tangible Assets1.4B1.6B2.0B2.2B2.5B2.6B
Accounts Payable(8.2B)(1.0)16.7B1.019.9B0.95
Long Term Investments783.6M876.2M638.1M749.4M908.8M500.7M
Short Term Debt478M1.1B44.1M503.7M325.9M290.4M
Property Plant Equipment41.6M39.2M35.1M40.9M47.0M25.4M
Net Invested Capital1.8B2.1B2.5B2.5B3.5B2.2B

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Other Information on Investing in OneSavings Stock

Balance Sheet is a snapshot of the financial position of OneSavings Bank PLC at a specified time, usually calculated after every quarter, six months, or one year. OneSavings Bank Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of OneSavings Bank 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 OneSavings currently owns. An asset can also be divided into two categories, current and non-current.