Teledyne Interest Income vs Minority Interest Analysis
TDY Stock | USD 480.22 9.77 2.08% |
Teledyne Technologies financial indicator trend analysis is much more than just breaking down Teledyne Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Teledyne Technologies is a good investment. Please check the relationship between Teledyne Technologies Interest Income and its Minority Interest accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Teledyne Technologies Incorporated. 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.
Interest Income vs Minority Interest
Interest Income vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Teledyne Technologies Interest Income account and Minority Interest. At this time, the significance of the direction appears to have very week relationship.
The correlation between Teledyne Technologies' Interest Income and Minority Interest is 0.2. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Teledyne Technologies Incorporated, assuming nothing else is changed. The correlation between historical values of Teledyne Technologies' Interest Income 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 Interest Income of Teledyne Technologies Incorporated 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 Interest Income i.e., Teledyne Technologies' Interest Income and Minority Interest go up and down completely randomly.
Correlation Coefficient | 0.2 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.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 Teledyne Technologies Incorporated whose combined shares represent less than 50% of the total outstanding shares issued by Teledyne Technologies have a minority interest in Teledyne Technologies.Most indicators from Teledyne Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Teledyne Technologies 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 Teledyne Technologies Incorporated. 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. At this time, Teledyne Technologies' Selling General Administrative is fairly stable compared to the past year. Discontinued Operations is likely to rise to about 2.8 M in 2024, whereas Tax Provision is likely to drop slightly above 91.3 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 104.2M | 89.3M | 85.5M | 89.8M | Depreciation And Amortization | 371.8M | 332.2M | 316.4M | 332.2M |
Teledyne Technologies fundamental ratios Correlations
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Teledyne Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Not Found
Teledyne Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.6B | 5.1B | 14.4B | 14.4B | 14.5B | 15.3B | |
Other Current Liab | 264.7M | 434.2M | 799.9M | 717.6M | 781.3M | 820.4M | |
Total Current Liabilities | 763.2M | 760.9M | 1.5B | 1.5B | 1.8B | 1.9B | |
Total Stockholder Equity | 2.7B | 3.2B | 7.6B | 8.2B | 9.2B | 9.7B | |
Property Plant And Equipment Net | 487.9M | 489.3M | 827.5M | 769.8M | 918.7M | 964.6M | |
Accounts Payable | 271.1M | 229.1M | 469.5M | 505.7M | 384.7M | 403.9M | |
Non Current Assets Total | 3.3B | 3.3B | 12.0B | 11.5B | 11.5B | 12.1B | |
Non Currrent Assets Other | 296.9M | 297M | 460.8M | 452.7M | 346.9M | 364.2M | |
Net Receivables | 660.9M | 624.1M | 1.1B | 1.2B | 1.2B | 1.3B | |
Liabilities And Stockholders Equity | 4.6B | 5.1B | 14.4B | 14.4B | 14.5B | 15.3B | |
Non Current Liabilities Total | 1.1B | 1.1B | 5.3B | 4.7B | 3.5B | 3.7B | |
Inventory | 393.4M | 347.3M | 752.9M | 890.7M | 917.7M | 963.6M | |
Other Current Assets | 59.9M | 156.2M | 118M | 130.7M | 213.3M | 224.0M | |
Total Liab | 1.9B | 1.8B | 6.8B | 6.2B | 5.3B | 5.6B | |
Total Current Assets | 1.3B | 1.7B | 2.4B | 2.8B | 3.0B | 3.1B | |
Accumulated Other Comprehensive Income | (475.8M) | (430.1M) | (430M) | (726.5M) | (634.1M) | (602.4M) | |
Intangible Assets | 430.8M | 409.7M | 2.7B | 2.4B | 2.3B | 2.4B | |
Short Long Term Debt Total | 850.6M | 778.5M | 4.1B | 3.9B | 3.2B | 3.4B | |
Net Debt | 651.1M | 105.4M | 3.6B | 3.3B | 2.6B | 2.7B | |
Retained Earnings | 2.9B | 3.3B | 3.8B | 4.6B | 5.4B | 5.7B | |
Cash | 199.5M | 673.1M | 474.7M | 638.1M | 648.3M | 680.7M | |
Cash And Short Term Investments | 199.5M | 673.1M | 474.7M | 638.1M | 648.3M | 680.7M | |
Good Will | 2.1B | 2.2B | 8.0B | 7.9B | 8.0B | 8.4B | |
Other Stockholder Equity | 264.1M | 330.4M | 4.3B | 4.3B | 4.4B | 4.6B | |
Property Plant And Equipment Gross | 615M | 489.3M | 827.5M | 1.6B | 1.7B | 1.8B | |
Other Liab | 232.6M | 398.2M | 1.2B | 911.3M | 1.0B | 1.1B | |
Other Assets | 169.5M | 297M | 460.8M | 452.7M | 520.6M | 546.6M | |
Property Plant Equipment | 487.9M | 489.3M | 827.5M | 769.8M | 885.3M | 929.5M | |
Current Deferred Revenue | 111.5M | 126.8M | 186M | 241.1M | 277.3M | 291.1M | |
Long Term Debt | 750M | 680.9M | 4.1B | 3.6B | 2.6B | 2.8B | |
Short Term Debt | 100.6M | 97.6M | 28.3M | 300.1M | 600.1M | 630.1M | |
Net Tangible Assets | 233.4M | 668.9M | (3.1B) | (2.1B) | (1.9B) | (1.8B) | |
Retained Earnings Total Equity | 2.9B | 3.3B | 3.8B | 4.6B | 5.2B | 5.5B | |
Long Term Debt Total | 750M | 680.9M | 4.1B | 3.6B | 4.2B | 4.4B |
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