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 Other Operating Expenses and its Minority Interest 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.
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
Plaza Centers NV Other Operating Expenses account and
Minority Interest. At this time, the significance of the direction appears to have weak relationship.
The correlation between Plaza Centers' Other Operating Expenses and Minority Interest is 0.38. 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 Plaza Centers NV, assuming nothing else is changed. The correlation between historical values of Plaza Centers' 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 Plaza Centers NV 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., Plaza Centers' Other Operating Expenses and Minority Interest go up and down completely randomly.
Correlation Coefficient | 0.38 |
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 Plaza Centers NV. It is also known as Plaza Centers 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 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.
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.
Plaza Centers fundamental ratios Correlations
Click cells to compare fundamentals
Plaza Centers Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Plaza Centers fundamental ratios Accounts
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