Premier Minority Interest vs Net Income From Continuing Ops Analysis
PINC Stock | USD 22.84 0.42 1.87% |
Premier financial indicator trend analysis is much more than just breaking down Premier prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Premier is a good investment. Please check the relationship between Premier Minority Interest and its Net Income From Continuing Ops accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Premier. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Premier Stock refer to our How to Trade Premier Stock guide.
Minority Interest vs Net Income From Continuing Ops
Minority Interest vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Premier Minority Interest account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have strong relationship.
The correlation between Premier's Minority Interest and Net Income From Continuing Ops is 0.73. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Premier, assuming nothing else is changed. The correlation between historical values of Premier's Minority Interest and Net Income From Continuing Ops 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 Premier are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Minority Interest i.e., Premier's Minority Interest and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | 0.73 |
Relationship Direction | Positive |
Relationship Strength | Significant |
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 Premier whose combined shares represent less than 50% of the total outstanding shares issued by Premier have a minority interest in Premier.Net Income From Continuing Ops
Most indicators from Premier's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Premier 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 Premier. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Premier Stock refer to our How to Trade Premier Stock guide.At present, Premier's Discontinued Operations is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 2 B, whereas Selling General Administrative is forecasted to decline to about 517.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 885.0M | 896.3M | 840.7M | 826.2M | Total Revenue | 1.4B | 1.3B | 1.3B | 1.3B |
Premier fundamental ratios Correlations
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Premier Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Premier fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 123.6M | 117.5M | 121.7M | 119.9M | 114.4M | 89.2M | |
Total Assets | 2.9B | 3.5B | 3.4B | 3.4B | 3.4B | 2.5B | |
Short Long Term Debt Total | 364.2M | 521.7M | 487.3M | 440.3M | 126.0M | 222.3M | |
Other Current Liab | 326.2M | 423.1M | 427.2M | 420.6M | 564.0M | 318.8M | |
Total Current Liabilities | 496.1M | 716.8M | 753.1M | 815.5M | 746.6M | 516.6M | |
Total Stockholder Equity | 139.3M | 2.2B | 2.2B | 2.3B | 2.0B | 2.1B | |
Other Liab | 2.3B | 527.8M | 2.6B | 97.5M | 112.2M | 106.6M | |
Property Plant And Equipment Net | 264.6M | 272.5M | 252.9M | 241.6M | 226.3M | 214.1M | |
Current Deferred Revenue | 35.4M | 34.1M | 30.5M | 24.3M | 19.6M | 34.9M | |
Net Debt | 37.9M | 392.5M | 401.1M | 350.5M | 855K | 812.3K | |
Retained Earnings | 0.0 | 169.5M | 331.7M | 405.1M | 105.6M | 110.9M | |
Accounts Payable | 54.8M | 85.4M | 44.6M | 54.4M | 60.4M | 50.9M | |
Cash | 99.3M | 129.1M | 86.1M | 89.8M | 125.1M | 113.6M | |
Non Current Assets Total | 2.3B | 2.7B | 2.7B | 2.7B | 2.7B | 1.9B | |
Non Currrent Assets Other | 142.9M | 136.5M | 161.6M | 160.5M | 160.0M | 97.3M | |
Other Assets | 572.9M | 918.4M | 886.6M | 814.1M | 936.2M | 545.4M | |
Long Term Debt | 4.6M | 304.3M | 2.3M | 102.3M | 117.6M | 64.2M | |
Cash And Short Term Investments | 99.3M | 129.1M | 86.1M | 89.8M | 125.1M | 149.1M | |
Net Receivables | 350.7M | 408.7M | 374.2M | 414.5M | 462.5M | 270.7M | |
Good Will | 880.7M | 942.0M | 999.9M | 1.0B | 995.9M | 728.9M | |
Common Stock Total Equity | 716K | 1.2M | 1.2M | 1.3M | 1.4M | 1.5M | |
Liabilities And Stockholders Equity | 2.9B | 3.5B | 3.4B | 3.4B | 3.4B | 2.5B | |
Non Current Liabilities Total | 2.3B | 576.2M | 355.1M | 221.7M | 719.8M | 683.8M | |
Inventory | 71.0M | 176.4M | 119.7M | 76.9M | 79.8M | 67.1M | |
Other Current Assets | 97.3M | 68.0M | 325.6M | 60.4M | 73.7M | 73.3M | |
Other Stockholder Equity | 138.5M | 2.1B | 1.9B | 1.9B | 1.9B | 1.9B | |
Total Liab | 2.8B | 1.3B | 1.1B | 1.0B | 1.5B | 2.0B | |
Property Plant And Equipment Gross | 264.6M | 272.5M | 213.4M | 212.3M | 968.4M | 1.0B | |
Total Current Assets | 618.4M | 782.3M | 645.6M | 641.6M | 741.2M | 594.0M | |
Short Term Debt | 79.6M | 174.2M | 250.9M | 316.2M | 114.8M | 113.0M | |
Intangible Assets | 417.4M | 396.6M | 356.6M | 430.0M | 269.3M | 258.8M | |
Common Stock | 716K | 1.2M | 1.2M | 1.3M | 1.1M | 725.5K | |
Property Plant Equipment | 105.0M | 272.5M | 252.9M | 212.3M | 244.2M | 136.6M | |
Net Tangible Assets | (1.4B) | 833.3M | (1.4B) | 2.3B | 2.7B | 2.8B | |
Long Term Debt Total | 6.0M | 284.6M | 2.3M | 102.3M | 117.6M | 77.6M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Premier offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Premier's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Premier Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Premier Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Premier. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Premier Stock refer to our How to Trade Premier Stock guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Health Care Providers & Services 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 Premier. If investors know Premier 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 Premier 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 0.877 | Dividend Share 0.84 | Earnings Share 1.39 | Revenue Per Share 12.155 | Quarterly Revenue Growth (0.08) |
The market value of Premier is measured differently than its book value, which is the value of Premier that is recorded on the company's balance sheet. Investors also form their own opinion of Premier's value that differs from its market value or its book value, called intrinsic value, which is Premier'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 Premier's market value can be influenced by many factors that don't directly affect Premier'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 Premier's value and its price as these two are different measures arrived at by different means. Investors typically determine if Premier is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Premier'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.