Tlou Minority Interest vs Depreciation And Amortization Analysis
TOU Stock | 0.02 0 5.88% |
Tlou Energy financial indicator trend analysis is much more than just breaking down Tlou Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tlou Energy is a good investment. Please check the relationship between Tlou Energy Minority Interest and its Depreciation And Amortization accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tlou Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Minority Interest vs Depreciation And Amortization
Minority Interest vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tlou Energy Minority Interest account and Depreciation And Amortization. At this time, the significance of the direction appears to have very week relationship.
The correlation between Tlou Energy's Minority Interest and Depreciation And Amortization is 0.2. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Tlou Energy, assuming nothing else is changed. The correlation between historical values of Tlou Energy's Minority Interest and Depreciation And Amortization 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 Tlou Energy are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Minority Interest i.e., Tlou Energy's Minority Interest and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.2 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
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 Tlou Energy whose combined shares represent less than 50% of the total outstanding shares issued by Tlou Energy have a minority interest in Tlou Energy.Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Most indicators from Tlou Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tlou Energy 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 Tlou Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. Selling General Administrative is likely to gain to about 953.6 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 7.5 M in 2024.
Tlou Energy fundamental ratios Correlations
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Tlou Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tlou Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 52.0M | 57.0M | 59.6M | 71.6M | 77.5M | 81.4M | |
Other Current Liab | 310.4K | 385.4K | 1.1M | 994.1K | 1.5M | 1.6M | |
Total Current Liabilities | 397.5K | 445.9K | 1.6M | 2.8M | 2.4M | 2.6M | |
Total Stockholder Equity | 51.5M | 56.3M | 50.5M | 58.4M | 62.6M | 32.7M | |
Accounts Payable | 87.0K | 47.3K | 446.0K | 1.8M | 462.1K | 317.3K | |
Cash | 1.6M | 6.4M | 7.9M | 6.8M | 2.5M | 3.4M | |
Net Receivables | 206.8K | 267.3K | 424.2K | 1.3M | 497.7K | 366.2K | |
Total Liab | 511.5K | 633.1K | 9.1M | 13.2M | 14.9M | 15.7M | |
Common Stock | 99.8K | 99.8M | 106.8M | 121.5M | 130.0M | 136.5M | |
Property Plant Equipment | 49.4M | 49.7M | 49.6M | 61.8M | 71.1M | 47.7M | |
Other Current Assets | 87.7K | 269.5K | 603.1K | 1.1M | 660.4K | 350.7K | |
Property Plant And Equipment Net | 1.3M | 844.3K | 366.5K | 1.4M | 1.3M | 1.2M | |
Net Debt | (1.6M) | (6.3M) | (541.1K) | 3.3M | 10.2M | 10.7M | |
Retained Earnings | (43.1M) | (45.2M) | (49.5M) | (53.8M) | (58.0M) | (55.1M) | |
Non Current Assets Total | 50.1M | 50.3M | 51.1M | 62.3M | 73.9M | 77.6M | |
Other Assets | 0.0 | 626.4K | 1.6M | 1.0 | 1.15 | 1.09 | |
Cash And Short Term Investments | 1.6M | 6.4M | 7.9M | 6.8M | 2.5M | 3.8M | |
Common Stock Shares Outstanding | 450.2M | 538.3M | 600.2M | 803.5M | 1.1B | 1.2B | |
Liabilities And Stockholders Equity | 52.0M | 57.0M | 59.6M | 71.6M | 77.5M | 81.4M | |
Other Stockholder Equity | (2.3M) | (5.2M) | (6.7M) | (9.3M) | (9.4M) | (8.9M) | |
Total Current Assets | 1.9M | 6.7M | 8.5M | 9.3M | 3.7M | 4.4M | |
Accumulated Other Comprehensive Income | (5.1M) | (5.2M) | (6.7M) | (9.3M) | (9.4M) | (8.9M) | |
Net Tangible Assets | 51.5M | 56.3M | 50.5M | 58.4M | 67.2M | 60.3M | |
Non Currrent Assets Other | 48.9M | 49.5M | 49.8M | 60.9M | 72.6M | 76.2M | |
Non Current Liabilities Total | 114.0K | 187.2K | 7.5M | 10.4M | 12.5M | 13.1M | |
Property Plant And Equipment Gross | 49.4M | 53.1M | 53.4M | 5.2M | 5.1M | 4.9M | |
Net Invested Capital | 51.5M | 56.3M | 57.8M | 68.5M | 75.3M | 68.0M | |
Net Working Capital | 1.5M | 6.2M | 6.9M | 6.5M | 1.2M | 1.2M |
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