SUNFLAG Stock | | | 202.99 2.88 1.44% |
Sunflag Iron financial indicator trend analysis is much more than just breaking down Sunflag Iron And prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sunflag Iron And is a good investment. Please check the relationship between Sunflag Iron Selling General Administrative and its Minority Interest accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Sunflag Iron And. 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.
Selling General Administrative vs Minority Interest
Selling General Administrative vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sunflag Iron And Selling General Administrative account and
Minority Interest. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Sunflag Iron's Selling General Administrative and Minority Interest is -0.1. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Sunflag Iron And, assuming nothing else is changed. The correlation between historical values of Sunflag Iron's Selling General Administrative 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 Selling General Administrative of Sunflag Iron And 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 Selling General Administrative i.e., Sunflag Iron's Selling General Administrative and Minority Interest go up and down completely randomly.
Correlation Coefficient | -0.1 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Selling General Administrative
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 Sunflag Iron And whose combined shares represent less than 50% of the total outstanding shares issued by Sunflag Iron have a minority interest in Sunflag Iron.
Most indicators from Sunflag Iron's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sunflag Iron And 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 Sunflag Iron And. 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.
The current Selling General Administrative is estimated to decrease to about 271.7
M. The current
Tax Provision is estimated to decrease to about 378.2
MSunflag Iron fundamental ratios Correlations
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Sunflag Iron Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sunflag Iron fundamental ratios Accounts
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Other Information on Investing in Sunflag Stock
Balance Sheet is a snapshot of the
financial position of Sunflag Iron And at a specified time, usually calculated after every quarter, six months, or one year. Sunflag Iron Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sunflag Iron and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Sunflag currently owns. An asset can also be divided into two categories, current and non-current.