Verizon Minority Interest vs Operating Income Analysis

VZ Stock  USD 42.50  0.28  0.66%   
Verizon Communications financial indicator trend analysis is much more than just breaking down Verizon Communications prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Verizon Communications is a good investment. Please check the relationship between Verizon Communications Minority Interest and its Operating Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Verizon Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Verizon Stock please use our How to Invest in Verizon Communications guide.

Minority Interest vs Operating Income

Minority Interest vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Verizon Communications Minority Interest account and Operating Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Verizon Communications' Minority Interest and Operating Income is -0.15. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Operating Income in the same time period over historical financial statements of Verizon Communications, assuming nothing else is changed. The correlation between historical values of Verizon Communications' Minority Interest and Operating Income 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 Verizon Communications are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Minority Interest i.e., Verizon Communications' Minority Interest and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.15
Relationship DirectionNegative 
Relationship StrengthInsignificant

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

Operating Income

Operating Income is the amount of profit realized from Verizon Communications operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Verizon Communications is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Verizon Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Verizon Communications 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 Verizon Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Verizon Stock please use our How to Invest in Verizon Communications guide.At this time, Verizon Communications' Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value is likely to rise to about 126.4 B in 2024, whereas Selling General Administrative is likely to drop slightly above 26.4 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit77.3B77.7B79.1B46.5B
Total Revenue133.6B136.8B134.0B78.9B

Verizon Communications fundamental ratios Correlations

0.920.570.960.860.810.850.80.020.990.720.010.860.660.930.770.85-0.070.950.490.820.160.120.83-0.01-0.66
0.920.450.930.790.690.960.85-0.120.930.79-0.130.890.690.960.70.78-0.40.970.350.82-0.030.410.80.29-0.67
0.570.450.540.270.780.40.230.050.550.530.050.560.860.610.60.380.010.60.490.20.460.060.160.06-0.37
0.960.930.540.880.770.920.86-0.180.980.79-0.190.90.660.910.740.89-0.20.940.320.90.20.240.840.1-0.66
0.860.790.270.880.660.770.94-0.120.870.61-0.130.820.360.70.720.91-0.120.750.330.920.130.210.890.05-0.69
0.810.690.780.770.660.640.60.040.790.680.040.730.820.760.850.74-0.010.780.590.60.240.240.550.07-0.6
0.850.960.40.920.770.640.87-0.380.890.82-0.390.880.670.920.690.77-0.520.930.110.83-0.030.520.810.4-0.65
0.80.850.230.860.940.60.87-0.30.820.71-0.310.860.430.740.720.86-0.440.770.180.91-0.010.490.860.37-0.75
0.02-0.120.05-0.18-0.120.04-0.38-0.3-0.12-0.311.0-0.22-0.11-0.08-0.13-0.140.55-0.10.79-0.230.01-0.51-0.23-0.50.09
0.990.930.550.980.870.790.890.82-0.120.76-0.120.860.660.930.780.85-0.130.950.370.850.170.170.860.04-0.65
0.720.790.530.790.610.680.820.71-0.310.76-0.310.690.720.80.70.57-0.470.810.160.70.050.580.660.4-0.58
0.01-0.130.05-0.19-0.130.04-0.39-0.311.0-0.12-0.31-0.22-0.11-0.08-0.14-0.150.56-0.10.79-0.240.01-0.51-0.23-0.510.1
0.860.890.560.90.820.730.880.86-0.220.860.69-0.220.730.850.680.85-0.380.870.360.760.040.380.650.32-0.79
0.660.690.860.660.360.820.670.43-0.110.660.72-0.110.730.80.650.49-0.350.780.420.360.090.430.280.37-0.57
0.930.960.610.910.70.760.920.74-0.080.930.8-0.080.850.80.750.72-0.341.00.40.710.020.340.730.26-0.67
0.770.70.60.740.720.850.690.72-0.130.780.7-0.140.680.650.750.66-0.20.760.370.640.080.370.710.27-0.57
0.850.780.380.890.910.740.770.86-0.140.850.57-0.150.850.490.720.66-0.120.760.360.90.190.20.760.07-0.71
-0.07-0.40.01-0.2-0.12-0.01-0.52-0.440.55-0.13-0.470.56-0.38-0.35-0.34-0.2-0.12-0.320.31-0.220.38-0.89-0.14-0.950.42
0.950.970.60.940.750.780.930.77-0.10.950.81-0.10.870.781.00.760.76-0.320.390.750.050.330.760.23-0.68
0.490.350.490.320.330.590.110.180.790.370.160.790.360.420.40.370.360.310.390.190.08-0.180.11-0.24-0.37
0.820.820.20.90.920.60.830.91-0.230.850.7-0.240.760.360.710.640.9-0.220.750.190.10.290.880.11-0.61
0.16-0.030.460.20.130.24-0.03-0.010.010.170.050.010.040.090.020.080.190.380.050.080.1-0.30.09-0.40.04
0.120.410.060.240.210.240.520.49-0.510.170.58-0.510.380.430.340.370.2-0.890.33-0.180.29-0.30.240.88-0.42
0.830.80.160.840.890.550.810.86-0.230.860.66-0.230.650.280.730.710.76-0.140.760.110.880.090.240.04-0.48
-0.010.290.060.10.050.070.40.37-0.50.040.4-0.510.320.370.260.270.07-0.950.23-0.240.11-0.40.880.04-0.38
-0.66-0.67-0.37-0.66-0.69-0.6-0.65-0.750.09-0.65-0.580.1-0.79-0.57-0.67-0.57-0.710.42-0.68-0.37-0.610.04-0.42-0.48-0.38
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Verizon Communications Account Relationship Matchups

Verizon Communications fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets291.7B316.5B366.6B379.7B380.3B399.3B
Short Long Term Debt Total133.1B129.1B150.9B150.6B174.9B183.7B
Other Current Liab18.5B18.4B21.4B20.7B16.4B10.7B
Total Current Liabilities44.9B39.7B47.2B50.2B53.2B55.9B
Total Stockholder Equity61.4B67.8B81.8B91.1B92.4B97.1B
Property Plant And Equipment Net114.6B117.4B127.6B133.6B133.0B71.4B
Net Debt130.5B106.9B147.9B148.0B172.9B181.5B
Retained Earnings53.1B60.5B72.0B82.4B82.9B87.1B
Cash2.6B22.2B2.9B2.6B2.1B2.0B
Non Current Assets Total254.3B261.9B329.9B341.8B343.4B360.6B
Non Currrent Assets Other10.1B10.9B13.3B17.3B19.6B11.3B
Cash And Short Term Investments2.6B22.2B2.9B2.6B2.1B2.0B
Net Receivables25.4B24.7B24.6B24.5B25.1B26.3B
Common Stock Shares Outstanding4.1B4.1B4.2B4.2B4.2B2.7B
Liabilities And Stockholders Equity291.7B316.5B366.6B379.7B380.3B399.3B
Non Current Liabilities Total184.0B207.5B236.2B237.0B233.2B244.9B
Inventory1.4B1.8B3.1B2.4B2.1B1.2B
Other Current Assets8.0B6.7B6.0B8.4B7.6B8.0B
Other Stockholder Equity6.8B6.7B9.8B9.4B9.8B9.3B
Total Liab228.9B247.2B283.4B287.2B286.5B300.8B
Total Current Assets37.5B54.6B36.7B37.9B36.8B21.8B
Short Term Debt14.0B9.7B11.7B14.1B17.2B18.1B
Accounts Payable7.7B6.7B8.0B8.8B10.0B6.7B
Property Plant And Equipment Gross114.6B117.4B289.9B307.7B344.8B362.1B
Accumulated Other Comprehensive Income998M(71M)(927M)(1.9B)(724M)(760.2M)
Other Liab64.1B66.4B69.6B70.9B81.5B49.0B
Other Assets9.1B13.7B13.3B17.3B19.9B20.9B
Long Term Debt99.9B123.2B143.4B140.7B137.7B83.2B
Treasury Stock(7.0B)(6.8B)(6.7B)(4.1B)(3.7B)(3.9B)
Intangible Assets104.6B105.5B159.3B161.3B166.7B93.0B
Property Plant Equipment91.9B94.8B127.6B133.6B153.6B96.9B
Current Deferred Revenue4.7B4.8B6.1B6.6B7.0B3.5B
Good Will24.4B24.8B28.6B28.7B22.8B19.9B
Noncontrolling Interest In Consolidated Entity1.4B1.4B1.4B1.3B1.2B1.1B
Retained Earnings Total Equity53.1B60.5B72.0B82.4B94.7B99.5B

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