VinFast Minority Interest vs Net Income From Continuing Ops Analysis
VFSWW Stock | 0.38 0.02 5.00% |
VinFast Auto financial indicator trend analysis is much more than just breaking down VinFast Auto prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether VinFast Auto is a good investment. Please check the relationship between VinFast Auto Minority Interest and its Net Income From Continuing Ops accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VinFast Auto Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
Minority Interest vs Net Income From Continuing Ops
Minority Interest vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VinFast Auto Minority Interest account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have pay attention.
The correlation between VinFast Auto's Minority Interest and Net Income From Continuing Ops is -0.96. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of VinFast Auto Ltd, assuming nothing else is changed. The correlation between historical values of VinFast Auto's Minority Interest and Net Income From Continuing Ops 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 VinFast Auto Ltd are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Minority Interest i.e., VinFast Auto's Minority Interest and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | -0.96 |
Relationship Direction | Negative |
Relationship Strength | Significant |
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 VinFast Auto Ltd whose combined shares represent less than 50% of the total outstanding shares issued by VinFast Auto have a minority interest in VinFast Auto.Net Income From Continuing Ops
Most indicators from VinFast Auto's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into VinFast Auto 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 VinFast Auto Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. Sales General And Administrative To Revenue is likely to climb to 0.19 in 2024, whereas Tax Provision is likely to drop slightly above 71 B in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 4.9T | 6.3T | 6.3T | 6.0T | Interest Income | 440.3B | 83.6B | 82.7B | 78.5B |
VinFast Auto fundamental ratios Correlations
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VinFast Auto Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running VinFast Auto's price analysis, check to measure VinFast Auto's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy VinFast Auto is operating at the current time. Most of VinFast Auto's value examination focuses on studying past and present price action to predict the probability of VinFast Auto's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VinFast Auto's price. Additionally, you may evaluate how the addition of VinFast Auto to your portfolios can decrease your overall portfolio volatility.