TIINDIA Stock | | | 3,591 11.65 0.33% |
Tube Investments financial indicator trend analysis is much more than just breaking down Tube Investments prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tube Investments is a good investment. Please check the relationship between Tube Investments Gross Profit and its Minority Interest accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Tube Investments of. 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.
Gross Profit vs Minority Interest
Gross Profit vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tube Investments Gross Profit account and
Minority Interest. At this time, the significance of the direction appears to have pay attention.
The correlation between Tube Investments' Gross Profit and Minority Interest is -0.85. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Tube Investments of, assuming nothing else is changed. The correlation between historical values of Tube Investments' Gross Profit 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 Gross Profit of Tube Investments of 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 Gross Profit i.e., Tube Investments' Gross Profit and Minority Interest go up and down completely randomly.
Correlation Coefficient | -0.85 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Tube Investments of minus its cost of goods sold. It is profit before Tube Investments operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
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 Tube Investments of whose combined shares represent less than 50% of the total outstanding shares issued by Tube Investments have a minority interest in Tube Investments.
Most indicators from Tube Investments' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tube Investments 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 Tube Investments of. 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 present, Tube Investments'
Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's
Tax Provision is expected to grow to about 5.2
B, whereas
Discontinued Operations is forecasted to decline to (3.3
M).
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 34.0B | 46.0B | 49.5B | 52.0B | Total Revenue | 120.6B | 144.3B | 163.3B | 171.5B |
Tube Investments fundamental ratios Correlations
Click cells to compare fundamentals
Tube Investments Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tube Investments fundamental ratios Accounts
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Other Information on Investing in Tube Stock
Balance Sheet is a snapshot of the
financial position of Tube Investments at a specified time, usually calculated after every quarter, six months, or one year. Tube Investments Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tube Investments 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 Tube currently owns. An asset can also be divided into two categories, current and non-current.