Stagwell Minority Interest vs Operating Income Analysis

STGW Stock  USD 7.82  0.04  0.51%   
Stagwell financial indicator trend analysis is much more than just breaking down Stagwell prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stagwell is a good investment. Please check the relationship between Stagwell Minority Interest and its Operating Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stagwell. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more information on how to buy Stagwell Stock please use our How to Invest in Stagwell guide.

Minority Interest vs Operating Income

Minority Interest vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stagwell Minority Interest account and Operating Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Stagwell's Minority Interest and Operating Income is -0.27. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Operating Income in the same time period over historical financial statements of Stagwell, assuming nothing else is changed. The correlation between historical values of Stagwell's Minority Interest and Operating Income 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 Stagwell are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Minority Interest i.e., Stagwell's Minority Interest and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.27
Relationship DirectionNegative 
Relationship StrengthInsignificant

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

Operating Income

Operating Income is the amount of profit realized from Stagwell operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Stagwell is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Stagwell's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stagwell 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 Stagwell. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more information on how to buy Stagwell Stock please use our How to Invest in Stagwell guide.At this time, Stagwell's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.30 in 2024, despite the fact that Tax Provision is likely to grow to (137.8 K).
 2021 2022 2023 2024 (projected)
Total Revenue1.5B2.7B2.5B2.7B
Interest Expense31.9M76.1M90.6M95.2M

Stagwell fundamental ratios Correlations

0.740.690.550.660.580.750.630.470.50.790.750.160.790.690.58-0.520.410.650.620.720.840.76-0.50.690.67
0.740.940.870.950.510.960.940.620.740.821.00.150.820.970.91-0.480.70.610.930.990.880.94-0.650.90.98
0.690.940.90.920.410.890.940.490.680.730.930.240.730.930.89-0.420.670.520.910.940.790.86-0.70.830.91
0.550.870.90.960.060.740.960.340.80.650.860.290.650.940.98-0.110.60.20.980.910.610.69-0.490.80.92
0.660.950.920.960.260.840.960.480.880.740.940.210.740.980.97-0.250.70.370.990.980.770.81-0.530.850.98
0.580.510.410.060.260.70.260.60.030.540.54-0.160.540.330.11-0.920.410.920.170.430.740.74-0.570.390.35
0.750.960.890.740.840.70.850.680.550.820.970.070.820.880.77-0.690.660.760.810.910.910.99-0.710.850.9
0.630.940.940.960.960.260.850.520.740.660.930.320.660.970.96-0.260.720.420.970.950.750.82-0.630.850.96
0.470.620.490.340.480.60.680.520.260.410.64-0.020.410.480.41-0.510.490.660.440.520.720.72-0.770.550.59
0.50.740.680.80.880.030.550.740.260.560.710.150.560.810.80.010.610.10.840.80.580.53-0.240.620.8
0.790.820.730.650.740.540.820.660.410.560.82-0.011.00.770.71-0.540.330.530.730.80.750.8-0.410.80.77
0.751.00.930.860.940.540.970.930.640.710.820.120.820.960.89-0.510.690.630.920.970.890.95-0.660.90.98
0.160.150.240.290.21-0.160.070.32-0.020.15-0.010.12-0.010.240.270.210.370.170.250.240.050.09-0.30.190.16
0.790.820.730.650.740.540.820.660.410.561.00.82-0.010.770.71-0.540.330.530.730.80.750.8-0.410.80.77
0.690.970.930.940.980.330.880.970.480.810.770.960.240.770.96-0.290.660.450.980.990.770.84-0.580.890.98
0.580.910.890.980.970.110.770.960.410.80.710.890.270.710.96-0.110.580.260.990.930.640.73-0.470.870.96
-0.52-0.48-0.42-0.11-0.25-0.92-0.69-0.26-0.510.01-0.54-0.510.21-0.54-0.29-0.11-0.4-0.8-0.17-0.4-0.72-0.730.52-0.32-0.32
0.410.70.670.60.70.410.660.720.490.610.330.690.370.330.660.58-0.40.560.640.740.740.69-0.560.450.66
0.650.610.520.20.370.920.760.420.660.10.530.630.170.530.450.26-0.80.560.310.540.770.8-0.660.520.47
0.620.930.910.980.990.170.810.970.440.840.730.920.250.730.980.99-0.170.640.310.960.70.77-0.50.870.98
0.720.990.940.910.980.430.910.950.520.80.80.970.240.80.990.93-0.40.740.540.960.840.89-0.610.880.97
0.840.880.790.610.770.740.910.750.720.580.750.890.050.750.770.64-0.720.740.770.70.840.94-0.670.710.8
0.760.940.860.690.810.740.990.820.720.530.80.950.090.80.840.73-0.730.690.80.770.890.94-0.720.820.87
-0.5-0.65-0.7-0.49-0.53-0.57-0.71-0.63-0.77-0.24-0.41-0.66-0.3-0.41-0.58-0.470.52-0.56-0.66-0.5-0.61-0.67-0.72-0.55-0.58
0.690.90.830.80.850.390.850.850.550.620.80.90.190.80.890.87-0.320.450.520.870.880.710.82-0.550.91
0.670.980.910.920.980.350.90.960.590.80.770.980.160.770.980.96-0.320.660.470.980.970.80.87-0.580.91
Click cells to compare fundamentals

Stagwell Account Relationship Matchups

Stagwell fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding69.1M73.5M90.4M296.6M122.2M128.3M
Total Assets950.8M1.0B4.1B4.0B3.8B4.0B
Short Long Term Debt Total906.1M271.2M1.6B1.6B1.5B1.6B
Other Current Liab133.4M97.9M563.6M516.4M520.2M546.2M
Total Current Liabilities349.2M337.0M1.3B1.3B1.4B1.4B
Total Stockholder Equity317.0M358.8M381.6M482.5M356.7M374.5M
Property Plant And Equipment Net104.3M93.4M416.5M372.4M332.1M348.7M
Net Debt180.5M179.2M1.4B1.3B1.4B1.4B
Retained Earnings(469.6M)(709.8M)(7.0M)29.4M21.1M22.2M
Accounts Payable139.5M147.8M271.8M357.3M415.0M435.7M
Cash63.9M92.0M184.0M220.6M119.7M125.7M
Non Current Assets Total646.0M648.2M3.1B3.0B2.7B2.9B
Non Currrent Assets Other1.1M2.8M33.0M115.4M92.8M52.0M
Cash And Short Term Investments63.9M92.0M184.0M220.6M119.7M125.7M
Net Receivables217.6M236.8M760.0M738.9M697.2M732.0M
Liabilities And Stockholders Equity950.8M1.0B4.1B4.0B3.8B4.0B
Non Current Liabilities Total253.0M278.4M1.8B1.7B1.6B1.6B
Other Current Assets23.2M36.4M61.8M71.4M208.2M218.6M
Other Stockholder Equity193.0M193.7M382.9M491.9M348.5M365.9M
Total Liab602.3M615.3M3.1B3.0B2.9B3.1B
Total Current Assets304.8M365.7M1.0B1.0B1.0B1.1B
Accumulated Other Comprehensive Income(4.3M)1.1M(12.7M)(38.9M)(13.1M)(13.7M)
Short Term Debt18.5M20.6M72.3M152.7M131.8M138.4M
Intangible Assets196.6M186.0M937.7M907.5M818.2M859.1M
Common Stock58.6M101.5M357.7M120K134K114K
Current Deferred Revenue57.9M66.4M361.9M337.0M301.7M163.9M
Good Will325.2M351.7M1.7B1.6B1.5B1.6B
Other Assets99.1M231.7M33.0M115.4M132.8M115.2M
Common Stock Total Equity101.5M104.4M383.0M492.0M565.8M594.1M
Property Plant And Equipment Gross304.7M304.6M416.5M372.4M413.5M310.9M
Other Liab55.5M111.4M321.7M181.0M208.2M167.4M
Net Tangible Assets(1.2B)(1.3B)(2.2B)(2.0B)(1.8B)(1.8B)
Property Plant Equipment304.7M304.6M416.5M98.9M113.7M108.0M
Long Term Debt887.6M198.0M1.2B1.2B1.1B1.0B
Deferred Long Term Liab4.2M1.1M103.1M40.1M46.1M33.8M

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