RILY Income Before Tax vs Minority Interest Analysis

RILY Stock  USD 5.05  0.22  4.55%   
B Riley financial indicator trend analysis is way more than just evaluating B Riley Financial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether B Riley Financial is a good investment. Please check the relationship between B Riley Income Before Tax and its Minority Interest accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in B Riley Financial. 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.

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 B Riley Financial Income Before Tax account and Minority Interest. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between B Riley's Income Before Tax and Minority Interest is -0.12. 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 B Riley Financial, assuming nothing else is changed. The correlation between historical values of B Riley'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 B Riley Financial 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., B Riley's Income Before Tax and Minority Interest go up and down completely randomly.

Correlation Coefficient

-0.12
Relationship DirectionNegative 
Relationship StrengthInsignificant

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on B Riley income statement and is an important metric when analyzing B Riley Financial 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 B Riley Financial whose combined shares represent less than 50% of the total outstanding shares issued by B Riley have a minority interest in B Riley.
Most indicators from B Riley's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into B Riley Financial 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 B Riley Financial. 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.
At this time, B Riley's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 116.8 M in 2024, despite the fact that Tax Provision is likely to grow to (34.9 M).
 2021 2022 2023 2024 (projected)
Total Revenue1.7B1.1B1.6B1.7B
Depreciation And Amortization1.0B1.0B167.9K159.5K

B Riley fundamental ratios Correlations

0.530.920.690.99-0.270.931.00.020.360.76-0.150.670.970.99-0.490.731.00.96-0.150.90.960.680.930.480.95
0.530.470.140.64-0.440.30.56-0.4-0.10.50.20.070.480.56-0.470.230.550.430.20.570.680.780.40.290.57
0.920.470.780.920.020.910.910.050.490.47-0.10.70.940.88-0.150.780.90.95-0.10.680.870.650.920.560.86
0.690.140.780.640.40.70.670.350.740.19-0.170.770.780.620.10.790.640.77-0.170.390.620.160.750.690.59
0.990.640.920.64-0.30.880.99-0.050.320.75-0.070.60.960.99-0.510.660.990.94-0.070.90.980.750.910.510.95
-0.27-0.440.020.4-0.3-0.17-0.330.220.7-0.730.130.09-0.06-0.370.860.0-0.34-0.050.13-0.61-0.36-0.57-0.020.29-0.42
0.930.30.910.70.88-0.170.920.130.350.64-0.350.790.890.91-0.340.770.920.92-0.350.780.840.560.880.420.89
1.00.560.910.670.99-0.330.920.030.30.78-0.160.660.951.0-0.530.721.00.94-0.160.910.970.720.910.480.97
0.02-0.40.050.35-0.050.220.130.03-0.06-0.19-0.230.49-0.02-0.010.250.320.0-0.02-0.23-0.110.05-0.22-0.10.530.14
0.36-0.10.490.740.320.70.350.3-0.06-0.060.090.350.560.280.290.290.30.570.090.080.22-0.220.610.380.12
0.760.50.470.190.75-0.730.640.78-0.19-0.06-0.210.340.650.82-0.940.30.80.63-0.210.960.770.570.60.10.78
-0.150.2-0.1-0.17-0.070.13-0.35-0.16-0.230.09-0.21-0.58-0.1-0.150.14-0.26-0.15-0.121.0-0.17-0.110.08-0.06-0.03-0.23
0.670.070.70.770.60.090.790.660.490.350.34-0.580.670.63-0.10.710.640.68-0.580.470.630.20.60.650.69
0.970.480.940.780.96-0.060.890.95-0.020.560.65-0.10.670.94-0.370.680.950.99-0.10.810.910.560.980.540.87
0.990.560.880.620.99-0.370.911.0-0.010.280.82-0.150.630.94-0.580.681.00.93-0.150.940.970.710.90.440.96
-0.49-0.47-0.150.1-0.510.86-0.34-0.530.250.29-0.940.14-0.1-0.37-0.58-0.03-0.55-0.330.14-0.82-0.56-0.45-0.30.06-0.56
0.730.230.780.790.660.00.770.720.320.290.3-0.260.710.680.68-0.030.690.71-0.260.470.640.470.690.360.68
1.00.550.90.640.99-0.340.921.00.00.30.8-0.150.640.951.0-0.550.690.94-0.150.920.970.710.910.460.96
0.960.430.950.770.94-0.050.920.94-0.020.570.63-0.120.680.990.93-0.330.710.94-0.120.790.880.540.990.480.85
-0.150.2-0.1-0.17-0.070.13-0.35-0.16-0.230.09-0.211.0-0.58-0.1-0.150.14-0.26-0.15-0.12-0.17-0.110.08-0.06-0.03-0.23
0.90.570.680.390.9-0.610.780.91-0.110.080.96-0.170.470.810.94-0.820.470.920.79-0.170.90.670.760.280.9
0.960.680.870.620.98-0.360.840.970.050.220.77-0.110.630.910.97-0.560.640.970.88-0.110.90.740.830.590.97
0.680.780.650.160.75-0.570.560.72-0.22-0.220.570.080.20.560.71-0.450.470.710.540.080.670.740.510.20.76
0.930.40.920.750.91-0.020.880.91-0.10.610.6-0.060.60.980.9-0.30.690.910.99-0.060.760.830.510.390.79
0.480.290.560.690.510.290.420.480.530.380.1-0.030.650.540.440.060.360.460.48-0.030.280.590.20.390.55
0.950.570.860.590.95-0.420.890.970.140.120.78-0.230.690.870.96-0.560.680.960.85-0.230.90.970.760.790.55
Click cells to compare fundamentals

B Riley Account Relationship Matchups

B Riley fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.3B2.7B5.9B6.1B6.1B6.4B
Other Current Liab41.8M66.6M(60.2M)338.1M212.0M222.6M
Total Current Liabilities204.1M253.9M569.0M639.0M336.7M353.5M
Total Stockholder Equity360.7M512.6M661.3M446.5M291.1M239.1M
Net Debt762.7M957.5M1.8B2.3B2.1B2.2B
Retained Earnings39.5M203.1M248.9M(45.2M)(281.3M)(267.2M)
Cash104.3M103.6M278.9M268.6M232.0M243.6M
Non Current Assets Total1.8B2.0B4.2B4.9B5.0B5.2B
Non Currrent Assets Other1.8B826.3M11.5M460.7M47.5M45.2M
Other Assets32.0M2.1B3.5B49.1M21.3M20.2M
Cash And Short Term Investments104.3M103.6M278.9M268.6M1.4B1.4B
Common Stock Shares Outstanding27.5M26.5M29.0M28.2M29.9M15.9M
Short Term Investments451.6M777.3M1.5B1.1B1.1B1.2B
Liabilities And Stockholders Equity2.3B2.7B5.9B6.1B6.1B6.4B
Non Current Liabilities Total1.7B1.9B4.2B4.8B5.4B5.6B
Other Current Assets81.8M87.3M360.9M194.4M(1.5B)(1.4B)
Other Stockholder Equity283.6M107.2M413.5M494.2M312.7M198.8M
Total Liab1.9B2.1B4.8B5.4B5.7B6.0B
Total Current Assets516.0M637.6M1.7B1.2B1.1B1.2B
Short Long Term Debt Total896.1M1.1B2.1B2.5B5.3B5.6B
Property Plant And Equipment Net60.5M60.5M69.8M115.7M112.8M118.5M
Accounts Payable4.5M2.7M6.3M81.4M44.6M46.8M
Long Term Debt805.4M983.0M4.0B2.3B2.3B2.4B
Net Receivables302.1M445.3M121.9M265.3M115.5M112.7M
Good Will223.7M227.0M250.6M512.6M472.3M495.9M
Inventory27.8M1.4M927K101.7M110.5M116.0M
Property Plant And Equipment Gross60.5M60.5M69.8M115.7M142.1M149.2M
Accumulated Other Comprehensive Income(2.0M)(823K)(1.1M)(2.5M)229K240.5K
Short Term Debt90.6M115.9M357K127.7M8.6M8.2M
Intangible Assets220.5M190.7M207.7M374.1M322.0M338.1M
Property Plant Equipment60.5M11.7M69.8M115.7M133.1M139.7M
Noncontrolling Interest In Consolidated Entity602K29.6M26.4M43.9M50.5M53.0M
Retained Earnings Total Equity1.6M39.5M203.1M248.9M286.2M300.5M
Deferred Long Term Liab2.9M450K68.7M69.5M79.9M83.9M
Net Tangible Assets(83.6M)94.8M203.1M(440.2M)(396.2M)(376.4M)
Current Deferred Revenue67.1M68.7M69.5M85.4M71.5M45.4M

Also Currently Popular

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.

Additional Tools for RILY Stock Analysis

When running B Riley's price analysis, check to measure B Riley'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 B Riley is operating at the current time. Most of B Riley's value examination focuses on studying past and present price action to predict the probability of B Riley's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move B Riley's price. Additionally, you may evaluate how the addition of B Riley to your portfolios can decrease your overall portfolio volatility.