RILYT Stock | | | USD 9.83 0.28 2.93% |
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 Minority Interest and its Gross Profit 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 manufacturing.
Minority Interest vs Gross Profit
Minority Interest vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
B Riley Financial Minority Interest account and
Gross Profit. At this time, the significance of the direction appears to have strong relationship.
The correlation between B Riley's Minority Interest and Gross Profit is 0.65. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Gross Profit 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 Minority Interest and Gross Profit 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 B Riley Financial are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Minority Interest i.e., B Riley's Minority Interest and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.65 |
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 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.
Gross Profit
Gross profit is a required income statement account that reflects total revenue of B Riley Financial minus its cost of goods sold. It is profit before B Riley operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
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 manufacturing.
At this time, B Riley's
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 91.1
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.45 in 2024.
B Riley fundamental ratios Correlations
Click cells to compare fundamentals
B Riley Account Relationship Matchups
High Positive Relationship
High Negative Relationship
B Riley fundamental ratios Accounts
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Additional Tools for RILYT Stock Analysis
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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
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