California Minority Interest from 2010 to 2024

CWT Stock  USD 51.19  0.23  0.45%   
California Water Minority Interest yearly trend continues to be comparatively stable with very little volatility. Minority Interest is likely to outpace its year average in 2024. From the period from 2010 to 2024, California Water Minority Interest quarterly data regression had r-value of  0.1 and coefficient of variation of  28,238. View All Fundamentals
 
Minority Interest  
First Reported
2000-03-31
Previous Quarter
174 K
Current Value
126 K
Quarterly Volatility
1.1 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check California Water financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among California Water's main balance sheet or income statement drivers, such as Interest Expense of 52.3 M, Total Revenue of 412.7 M or Gross Profit of 282 M, as well as many indicators such as Price To Sales Ratio of 3.9, Dividend Yield of 0.0345 or PTB Ratio of 1.73. California financial statements analysis is a perfect complement when working with California Water Valuation or Volatility modules.
  
Check out the analysis of California Water Correlation against competitors.

Latest California Water's Minority Interest Growth Pattern

Below is the plot of the Minority Interest of California Water Service over the last few years. 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 California Water Service whose combined shares represent less than 50% of the total outstanding shares issued by California Water have a minority interest in California Water. It is California Water's Minority Interest historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in California Water's overall financial position and show how it may be relating to other accounts over time.
Minority Interest10 Years Trend
Very volatile
   Minority Interest   
       Timeline  

California Minority Interest Regression Statistics

Arithmetic Mean943.33
Geometric Mean0.00
Coefficient Of Variation28,238
Mean Deviation120,835
Median0.00
Standard Deviation266,381
Sample Variance71B
Range1.2M
R-Value0.1
Mean Square Error75.7B
R-Squared0.01
Significance0.74
Slope5,679
Total Sum of Squares993.4B

California Minority Interest History

2024465.1 K
2023443 K
2022-748 K
2021-146 K

About California Water Financial Statements

California Water shareholders use historical fundamental indicators, such as Minority Interest, to determine how well the company is positioned to perform in the future. Although California Water investors may analyze each financial statement separately, they are all interrelated. The changes in California Water's assets and liabilities, for example, are also reflected in the revenues and expenses on on California Water's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Minority Interest443 K465.1 K

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Additional Tools for California Stock Analysis

When running California Water's price analysis, check to measure California Water'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 California Water is operating at the current time. Most of California Water's value examination focuses on studying past and present price action to predict the probability of California Water's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move California Water's price. Additionally, you may evaluate how the addition of California Water to your portfolios can decrease your overall portfolio volatility.