SCHMID Income Before Tax vs Minority Interest Analysis

SHMDW Stock

0.26 0.01 4.00%

SCHMID Group financial indicator trend analysis is much more than just breaking down SCHMID Group NV prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SCHMID Group NV is a good investment. Please check the relationship between SCHMID Group Income Before Tax and its Minority Interest accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SCHMID Group 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 unemployment.

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 SCHMID Group NV Income Before Tax account and Minority Interest. At this time, the significance of the direction appears to have pay attention.

The correlation between SCHMID Group's Income Before Tax and Minority Interest is -0.87. 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 SCHMID Group NV, assuming nothing else is changed. The correlation between historical values of SCHMID Group'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 SCHMID Group 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 Income Before Tax i.e., SCHMID Group's Income Before Tax and Minority Interest go up and down completely randomly.

Correlation Coefficient

-0.87

Relationship Direction	Negative
Relationship Strength	Significant

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Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on SCHMID Group income statement and is an important metric when analyzing SCHMID Group NV 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 SCHMID Group NV whose combined shares represent less than 50% of the total outstanding shares issued by SCHMID Group have a minority interest in SCHMID Group.

Most indicators from SCHMID Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SCHMID Group 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 World Market Map to better understand how to build diversified portfolios, which includes a position in SCHMID Group 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 unemployment.

Sales General And Administrative To Revenue is likely to climb to 0.26 in 2024, whereas Tax Provision is likely to drop slightly above 1.6 M in 2024.

	2010	2022	2023	2024 (projected)
Depreciation And Amortization	4.9M	6.3M	6.9M	6.6M
Interest Income	3.2M	4.1M	3.9M	4.1M

Depreciation And Amortization Interest Income

SCHMID Group fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Long Term Investments	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets
Total Assets		0.82	-0.97	0.74	-0.31	0.17	0.68	0.71	-0.25	0.44	0.01	0.04	-0.21	0.44	0.52	0.48	-0.25	-0.47	0.56	-0.12	0.77	0.96	0.21	0.49	0.88	0.57
Short Long Term Debt Total	0.82		-0.85	0.37	-0.73	0.4	0.29	0.98	0.26	0.04	0.48	0.48	0.34	0.04	0.15	0.69	0.3	-0.81	0.09	-0.62	0.99	0.89	-0.31	0.83	0.47	0.13
Other Current Liab	-0.97	-0.85		-0.75	0.31	-0.05	-0.71	-0.76	0.22	-0.36	0.03	0.02	0.16	-0.36	-0.61	-0.39	0.2	0.44	-0.58	0.14	-0.78	-0.91	-0.14	-0.47	-0.81	-0.62
Total Current Liabilities	0.74	0.37	-0.75		0.35	-0.52	0.99	0.2	-0.79	0.82	-0.42	-0.48	-0.72	0.82	0.72	-0.23	-0.75	0.22	0.94	0.49	0.23	0.53	0.72	-0.17	0.91	0.86
Total Stockholder Equity	-0.31	-0.73	0.31	0.35		-0.83	0.44	-0.83	-0.82	0.53	-0.79	-0.86	-0.85	0.53	0.39	-0.9	-0.83	0.98	0.6	0.97	-0.83	-0.54	0.81	-0.98	0.15	0.51
Property Plant And Equipment Net	0.17	0.4	-0.05	-0.52	-0.83		-0.58	0.48	0.73	-0.47	0.65	0.78	0.66	-0.47	-0.49	0.93	0.68	-0.83	-0.64	-0.76	0.54	0.42	-0.62	0.81	-0.15	-0.58
Current Deferred Revenue	0.68	0.29	-0.71	0.99	0.44	-0.58		0.12	-0.83	0.8	-0.52	-0.58	-0.77	0.8	0.78	-0.31	-0.8	0.3	0.97	0.57	0.15	0.47	0.75	-0.26	0.88	0.91
Net Debt	0.71	0.98	-0.76	0.2	-0.83	0.48	0.12		0.44	-0.17	0.52	0.54	0.51	-0.17	0.09	0.74	0.47	-0.88	-0.08	-0.74	0.99	0.81	-0.5	0.89	0.3	0.01
Accounts Payable	-0.25	0.26	0.22	-0.79	-0.82	0.73	-0.83	0.44		-0.88	0.68	0.75	0.98	-0.88	-0.56	0.64	0.99	-0.72	-0.9	-0.9	0.39	-0.01	-0.98	0.69	-0.67	-0.76
Cash	0.44	0.04	-0.36	0.82	0.53	-0.47	0.8	-0.17	-0.88		-0.27	-0.35	-0.82	1.0	0.3	-0.35	-0.82	0.42	0.79	0.63	-0.09	0.26	0.9	-0.36	0.77	0.56
Non Current Assets Total	0.01	0.48	0.03	-0.42	-0.79	0.65	-0.52	0.52	0.68	-0.27		0.98	0.76	-0.27	-0.79	0.62	0.76	-0.73	-0.69	-0.84	0.54	0.21	-0.62	0.76	-0.31	-0.78
Non Currrent Assets Other	0.04	0.48	0.02	-0.48	-0.86	0.78	-0.58	0.54	0.75	-0.35	0.98		0.79	-0.35	-0.78	0.73	0.8	-0.8	-0.74	-0.88	0.58	0.27	-0.67	0.82	-0.31	-0.79
Long Term Debt	-0.21	0.34	0.16	-0.72	-0.85	0.66	-0.77	0.51	0.98	-0.82	0.76	0.79		-0.82	-0.59	0.6	1.0	-0.74	-0.87	-0.94	0.46	0.01	-0.98	0.72	-0.65	-0.76
Cash And Short Term Investments	0.44	0.04	-0.36	0.82	0.53	-0.47	0.8	-0.17	-0.88	1.0	-0.27	-0.35	-0.82		0.3	-0.35	-0.82	0.42	0.79	0.63	-0.09	0.26	0.9	-0.36	0.77	0.56
Net Receivables	0.52	0.15	-0.61	0.72	0.39	-0.49	0.78	0.09	-0.56	0.3	-0.79	-0.78	-0.59	0.3		-0.26	-0.62	0.27	0.82	0.5	0.06	0.34	0.45	-0.29	0.63	0.96
Common Stock Shares Outstanding	0.48	0.69	-0.39	-0.23	-0.9	0.93	-0.31	0.74	0.64	-0.35	0.62	0.73	0.6	-0.35	-0.26		0.6	-0.95	-0.42	-0.79	0.79	0.7	-0.58	0.93	0.11	-0.34
Non Current Liabilities Total	-0.25	0.3	0.2	-0.75	-0.83	0.68	-0.8	0.47	0.99	-0.82	0.76	0.8	1.0	-0.82	-0.62	0.6		-0.73	-0.9	-0.93	0.42	-0.02	-0.98	0.71	-0.67	-0.79
Capital Lease Obligations	-0.47	-0.81	0.44	0.22	0.98	-0.83	0.3	-0.88	-0.72	0.42	-0.73	-0.8	-0.74	0.42	0.27	-0.95	-0.73		0.46	0.92	-0.89	-0.67	0.71	-1.0	-0.02	0.38
Inventory	0.56	0.09	-0.58	0.94	0.6	-0.64	0.97	-0.08	-0.9	0.79	-0.69	-0.74	-0.87	0.79	0.82	-0.42	-0.9	0.46		0.72	-0.05	0.33	0.83	-0.44	0.84	0.95
Other Current Assets	-0.12	-0.62	0.14	0.49	0.97	-0.76	0.57	-0.74	-0.9	0.63	-0.84	-0.88	-0.94	0.63	0.5	-0.79	-0.93	0.92	0.72		-0.72	-0.34	0.9	-0.91	0.35	0.64
Total Liab	0.77	0.99	-0.78	0.23	-0.83	0.54	0.15	0.99	0.39	-0.09	0.54	0.58	0.46	-0.09	0.06	0.79	0.42	-0.89	-0.05	-0.72		0.87	-0.43	0.91	0.38	0.01
Net Invested Capital	0.96	0.89	-0.91	0.53	-0.54	0.42	0.47	0.81	-0.01	0.26	0.21	0.27	0.01	0.26	0.34	0.7	-0.02	-0.67	0.33	-0.34	0.87		0.0	0.69	0.75	0.36
Long Term Investments	0.21	-0.31	-0.14	0.72	0.81	-0.62	0.75	-0.5	-0.98	0.9	-0.62	-0.67	-0.98	0.9	0.45	-0.58	-0.98	0.71	0.83	0.9	-0.43	0.0		-0.67	0.65	0.67
Property Plant And Equipment Gross	0.49	0.83	-0.47	-0.17	-0.98	0.81	-0.26	0.89	0.69	-0.36	0.76	0.82	0.72	-0.36	-0.29	0.93	0.71	-1.0	-0.44	-0.91	0.91	0.69	-0.67		0.05	-0.38
Short Long Term Debt	0.88	0.47	-0.81	0.91	0.15	-0.15	0.88	0.3	-0.67	0.77	-0.31	-0.31	-0.65	0.77	0.63	0.11	-0.67	-0.02	0.84	0.35	0.38	0.75	0.65	0.05		0.77
Total Current Assets	0.57	0.13	-0.62	0.86	0.51	-0.58	0.91	0.01	-0.76	0.56	-0.78	-0.79	-0.76	0.56	0.96	-0.34	-0.79	0.38	0.95	0.64	0.01	0.36	0.67	-0.38	0.77

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SCHMID Group Account Relationship Matchups

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Additional Tools for SCHMID Stock Analysis

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SCHMID Income Before Tax vs Minority Interest Analysis

Income Before Tax vs Minority Interest

Income Before Tax vs Minority Interest Correlation Analysis

Correlation Coefficient

Income Before Tax

Minority Interest

SCHMID Group fundamental ratios Correlations

SCHMID Group Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for SCHMID Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Liabilities Total	+ 1.0	Long Term Debt
Total Liab	+ 0.99	Short Long Term Debt Total
Current Deferred Revenue	+ 0.99	Total Current Liabilities
Total Liab	+ 0.99	Net Debt
Non Current Liabilities Total	+ 0.99	Accounts Payable

Property Plant And Equipment Gross	- 1.0	Capital Lease Obligations
Long Term Investments	- 0.98	Non Current Liabilities Total
Long Term Investments	- 0.98	Long Term Debt
Long Term Investments	- 0.98	Accounts Payable
Property Plant And Equipment Gross	- 0.98	Total Stockholder Equity
Other Current Liab	- 0.97	Total Assets