Plaza Minority Interest vs Total Operating Expenses Analysis

PLAZ Stock   25.00  5.00  16.67%   
Plaza Centers financial indicator trend analysis is much more than just breaking down Plaza Centers NV prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Plaza Centers NV is a good investment. Please check the relationship between Plaza Centers Minority Interest and its Total Operating Expenses accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plaza Centers NV. 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.

Minority Interest vs Total Operating Expenses

Minority Interest vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Plaza Centers NV Minority Interest account and Total Operating Expenses. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Plaza Centers' Minority Interest and Total Operating Expenses is 0.93. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Plaza Centers NV, assuming nothing else is changed. The correlation between historical values of Plaza Centers' Minority Interest and Total Operating Expenses 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 Plaza Centers NV are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Minority Interest i.e., Plaza Centers' Minority Interest and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

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 Plaza Centers NV whose combined shares represent less than 50% of the total outstanding shares issued by Plaza Centers have a minority interest in Plaza Centers.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from Plaza Centers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Plaza Centers NV 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 Plaza Centers NV. 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.
Selling General Administrative is likely to gain to about 1.9 M in 2024, whereas Discontinued Operations is likely to drop slightly above 52 K in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses871K1.3M1.8M1.7M
Cost Of Revenue77K81K72.9K69.3K

Plaza Centers fundamental ratios Correlations

0.970.80.970.870.850.250.490.860.960.31-0.670.870.910.20.80.850.90.520.170.890.38-0.67-0.690.540.85
0.970.850.940.820.90.140.310.830.870.34-0.560.790.920.140.850.90.930.520.220.870.46-0.56-0.570.510.88
0.80.850.710.710.82-0.020.240.640.720.09-0.350.580.910.160.690.850.850.490.040.690.33-0.35-0.470.70.77
0.970.940.710.780.810.330.530.870.930.38-0.770.920.810.160.770.820.820.450.150.910.41-0.77-0.770.40.81
0.870.820.710.780.75-0.070.450.780.860.19-0.470.60.860.220.730.640.830.380.050.710.18-0.47-0.420.610.83
0.850.90.820.810.75-0.050.220.770.750.23-0.410.60.840.250.710.780.80.360.020.930.46-0.41-0.450.570.85
0.250.14-0.020.33-0.07-0.050.53-0.090.320.27-0.420.610.07-0.330.10.160.150.640.520.14-0.24-0.43-0.58-0.12-0.25
0.490.310.240.530.450.220.530.370.67-0.01-0.740.670.30.180.130.230.230.32-0.080.45-0.32-0.74-0.810.280.19
0.860.830.640.870.780.77-0.090.370.840.19-0.690.710.720.460.650.670.670.01-0.230.880.64-0.69-0.610.450.95
0.960.870.720.930.860.750.320.670.840.14-0.770.890.860.280.690.740.80.470.10.850.28-0.77-0.780.560.78
0.310.340.090.380.190.230.27-0.010.190.14-0.050.310.11-0.380.360.220.420.310.230.260.08-0.06-0.11-0.020.15
-0.67-0.56-0.35-0.77-0.47-0.41-0.42-0.74-0.69-0.77-0.05-0.85-0.43-0.14-0.49-0.56-0.36-0.130.0-0.67-0.211.00.91-0.04-0.51
0.870.790.580.920.60.60.610.670.710.890.31-0.850.670.040.660.740.680.520.230.780.27-0.85-0.890.280.59
0.910.920.910.810.860.840.070.30.720.860.11-0.430.670.160.810.850.940.580.240.740.32-0.43-0.460.680.82
0.20.140.160.160.220.25-0.330.180.460.28-0.38-0.140.040.16-0.27-0.07-0.02-0.38-0.620.330.41-0.14-0.170.550.42
0.80.850.690.770.730.710.10.130.650.690.36-0.490.660.81-0.270.890.850.470.440.640.32-0.49-0.370.20.73
0.850.90.850.820.640.780.160.230.670.740.22-0.560.740.85-0.070.890.840.520.360.720.35-0.56-0.520.350.75
0.90.930.850.820.830.80.150.230.670.80.42-0.360.680.94-0.020.850.840.660.340.70.29-0.36-0.410.610.77
0.520.520.490.450.380.360.640.320.010.470.31-0.130.520.58-0.380.470.520.660.740.26-0.3-0.14-0.30.320.08
0.170.220.040.150.050.020.52-0.08-0.230.10.230.00.230.24-0.620.440.360.340.74-0.08-0.3-0.010.07-0.22-0.16
0.890.870.690.910.710.930.140.450.880.850.26-0.670.780.740.330.640.720.70.26-0.080.5-0.67-0.690.460.83
0.380.460.330.410.180.46-0.24-0.320.640.280.08-0.210.270.320.410.320.350.29-0.3-0.30.5-0.21-0.190.150.64
-0.67-0.56-0.35-0.77-0.47-0.41-0.43-0.74-0.69-0.77-0.061.0-0.85-0.43-0.14-0.49-0.56-0.36-0.14-0.01-0.67-0.210.91-0.04-0.51
-0.69-0.57-0.47-0.77-0.42-0.45-0.58-0.81-0.61-0.78-0.110.91-0.89-0.46-0.17-0.37-0.52-0.41-0.30.07-0.69-0.190.91-0.22-0.43
0.540.510.70.40.610.57-0.120.280.450.56-0.02-0.040.280.680.550.20.350.610.32-0.220.460.15-0.04-0.220.55
0.850.880.770.810.830.85-0.250.190.950.780.15-0.510.590.820.420.730.750.770.08-0.160.830.64-0.51-0.430.55
Click cells to compare fundamentals

Plaza Centers Account Relationship Matchups

Plaza Centers fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets56.1M12.5M9.8M8.3M5.8M5.5M
Total Stockholder Equity(50.6M)(85.8M)(112.4M)(120.8M)(129.0M)(122.5M)
Retained Earnings(325.8M)(359.3M)(386.4M)(394.9M)(433.8M)(412.1M)
Accounts Payable94K58K110K28K25.2K23.9K
Cash1.1M1.7M4.7M7.8M5.7M5.4M
Total Liab106.7M98.3M122.2M129.1M134.8M236.7M
Short Long Term Debt Total90.4M97.8M121.7M128.6M115.8M208.8M
Other Current Liab(90.7M)(98.1M)(122.0M)(128.7M)39.1M41.1M
Total Current Liabilities90.9M98.3M122.2M129.1M39.1M37.2M
Current Deferred Revenue301K230K209K225K202.5K192.4K
Net Debt89.2M96.1M117.0M120.9M(5.7M)(5.4M)
Non Current Assets Total54.8M10.7M5.1M63K117K111.2K
Non Currrent Assets Other54.8M10.7M5.1M63K117K111.2K
Cash And Short Term Investments1.1M1.7M4.7M7.8M5.7M5.4M
Liabilities And Stockholders Equity56.1M12.5M9.8M8.3M5.8M5.5M
Non Current Liabilities Total15.8M97.9M100.1M128.7M134.8M105.5M
Other Current Assets181K90K39K470K423K401.9K
Total Current Assets1.3M1.8M4.7M8.2M5.7M5.4M
Accumulated Other Comprehensive Income(14.3M)(15.9M)(15.4M)(15.3M)15.4M16.2M
Short Term Debt90.4M97.8M121.7M128.6M115.8M124.6M
Net Tangible Assets(50.6M)(85.8M)(112.4M)(120.8M)(108.7M)(103.3M)
Short Long Term Debt86.5M97.8M100.0M128.6M115.8M95.9M
Net Invested Capital39.7M12.1M(12.4M)7.8M7.1M6.7M
Net Working Capital(89.6M)(96.5M)(117.5M)(120.9M)(108.8M)(114.2M)

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