Tamboran Minority Interest vs Income Before Tax Analysis

TBN Stock   17.25  1.33  7.16%   
Tamboran Resources financial indicator trend analysis is much more than just breaking down Tamboran Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tamboran Resources is a good investment. Please check the relationship between Tamboran Resources Minority Interest and its Income Before Tax accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tamboran Resources. 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 labor statistics.
To learn how to invest in Tamboran Stock, please use our How to Invest in Tamboran Resources guide.

Minority Interest vs Income Before Tax

Minority Interest vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tamboran Resources Minority Interest account and Income Before Tax. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Tamboran Resources' Minority Interest and Income Before Tax is -0.61. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Tamboran Resources, assuming nothing else is changed. The correlation between historical values of Tamboran Resources' Minority Interest and Income Before Tax 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 Tamboran Resources are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Minority Interest i.e., Tamboran Resources' Minority Interest and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.61
Relationship DirectionNegative 
Relationship StrengthWeak

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

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Tamboran Resources income statement and is an important metric when analyzing Tamboran Resources 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.
Most indicators from Tamboran Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tamboran Resources 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 Tamboran Resources. 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 labor statistics.
To learn how to invest in Tamboran Stock, please use our How to Invest in Tamboran Resources guide.At this time, Tamboran Resources' Selling General Administrative is very stable compared to the past year. As of the 25th of November 2024, Enterprise Value is likely to grow to about 271.4 M, while Issuance Of Capital Stock is likely to drop about 119.2 M.
 2021 2023 2024 (projected)
Interest Expense305.3K274.7K261.0K
Depreciation And Amortization407.6K1.0M526.6K

Tamboran Resources fundamental ratios Correlations

0.920.790.990.980.92-0.93-0.82-0.990.750.910.990.99-0.890.910.950.87-0.590.940.950.94-0.20.950.940.10.93
0.920.530.940.840.96-1.0-0.74-0.860.70.890.890.88-0.950.890.990.79-0.290.820.820.820.090.931.0-0.31.0
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0.990.940.770.940.9-0.95-0.76-0.960.790.880.980.98-0.910.880.950.88-0.470.960.960.96-0.060.930.950.00.95
0.980.840.830.940.87-0.86-0.85-0.990.710.90.980.98-0.820.90.890.85-0.730.920.930.92-0.370.940.870.270.86
0.920.960.560.90.87-0.96-0.76-0.870.560.890.90.87-0.920.890.990.76-0.430.770.790.77-0.080.920.97-0.190.97
-0.93-1.0-0.58-0.95-0.86-0.960.760.88-0.73-0.9-0.91-0.890.93-0.9-0.99-0.830.32-0.83-0.84-0.83-0.07-0.94-1.00.26-1.0
-0.82-0.74-0.49-0.76-0.85-0.760.760.81-0.7-0.96-0.76-0.750.71-0.96-0.77-0.630.73-0.63-0.64-0.630.46-0.93-0.76-0.16-0.76
-0.99-0.86-0.86-0.96-0.99-0.870.880.81-0.76-0.88-0.99-0.990.81-0.88-0.9-0.90.66-0.95-0.96-0.950.27-0.93-0.88-0.23-0.87
0.750.70.640.790.710.56-0.73-0.7-0.760.730.730.74-0.550.730.670.85-0.310.760.750.760.090.750.70.030.7
0.910.890.530.880.90.89-0.9-0.96-0.880.730.860.85-0.861.00.910.72-0.610.740.750.74-0.280.990.91-0.010.9
0.990.890.840.980.980.9-0.91-0.76-0.990.730.861.0-0.870.860.930.89-0.580.970.970.97-0.190.910.920.140.91
0.990.880.860.980.980.87-0.89-0.75-0.990.740.851.0-0.850.850.910.89-0.590.980.980.98-0.20.90.90.170.89
-0.89-0.95-0.47-0.91-0.82-0.920.930.710.81-0.55-0.86-0.87-0.85-0.86-0.94-0.630.35-0.79-0.8-0.790.03-0.89-0.950.24-0.95
0.910.890.530.880.90.89-0.9-0.96-0.880.731.00.860.85-0.860.910.72-0.610.740.750.74-0.280.990.91-0.010.9
0.950.990.610.950.890.99-0.99-0.77-0.90.670.910.930.91-0.940.910.81-0.40.840.850.84-0.020.940.99-0.190.99
0.870.790.860.880.850.76-0.83-0.63-0.90.850.720.890.89-0.630.720.81-0.390.890.890.890.050.780.810.10.8
-0.59-0.29-0.62-0.47-0.73-0.430.320.730.66-0.31-0.61-0.58-0.590.35-0.61-0.4-0.39-0.49-0.51-0.490.9-0.59-0.34-0.75-0.32
0.940.820.890.960.920.77-0.83-0.63-0.950.760.740.970.98-0.790.740.840.89-0.491.01.0-0.090.810.840.190.83
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0.940.820.890.960.920.77-0.83-0.63-0.950.760.740.970.98-0.790.740.840.89-0.491.01.0-0.090.810.840.190.83
-0.20.09-0.28-0.06-0.37-0.08-0.070.460.270.09-0.28-0.19-0.20.03-0.28-0.020.050.9-0.09-0.11-0.09-0.240.05-0.790.06
0.950.930.610.930.940.92-0.94-0.93-0.930.750.990.910.9-0.890.990.940.78-0.590.810.820.81-0.240.940.00.94
0.941.00.570.950.870.97-1.0-0.76-0.880.70.910.920.9-0.950.910.990.81-0.340.840.840.840.050.94-0.251.0
0.1-0.30.530.00.27-0.190.26-0.16-0.230.03-0.010.140.170.24-0.01-0.190.1-0.750.190.190.19-0.790.0-0.25-0.26
0.931.00.560.950.860.97-1.0-0.76-0.870.70.90.910.89-0.950.90.990.8-0.320.830.840.830.060.941.0-0.26
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Tamboran Resources Account Relationship Matchups

Pair Trading with Tamboran Resources

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tamboran Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tamboran Resources will appreciate offsetting losses from the drop in the long position's value.

Moving against Tamboran Stock

  0.58DMLP Dorchester MineralsPairCorr
  0.45VIST Vista Oil Gas Buyout TrendPairCorr
  0.37EPSN Epsilon EnergyPairCorr
The ability to find closely correlated positions to Tamboran Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tamboran Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tamboran Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tamboran Resources to buy it.
The correlation of Tamboran Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tamboran Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tamboran Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Tamboran Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Tamboran Resources offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tamboran Resources' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tamboran Resources Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tamboran Resources Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tamboran Resources. 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 labor statistics.
To learn how to invest in Tamboran Stock, please use our How to Invest in Tamboran Resources guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Oil, Gas & Consumable Fuels space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tamboran Resources. If investors know Tamboran will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tamboran Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.02)
Return On Assets
(0.04)
Return On Equity
(0.14)
The market value of Tamboran Resources is measured differently than its book value, which is the value of Tamboran that is recorded on the company's balance sheet. Investors also form their own opinion of Tamboran Resources' value that differs from its market value or its book value, called intrinsic value, which is Tamboran Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tamboran Resources' market value can be influenced by many factors that don't directly affect Tamboran Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tamboran Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tamboran Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tamboran Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.