Ensign Minority Interest from 2010 to 2024

ENSG Stock  USD 146.21  0.23  0.16%   
Ensign's Minority Interest is decreasing over the last several years with stable swings. Minority Interest is estimated to finish at about -348.6 K this year. During the period from 2010 to 2024 The Ensign Group Minority Interest regressed destribution of quarterly values had coefficient of variationof (1,705) and r-value of (0.16). View All Fundamentals
 
Minority Interest  
First Reported
2006-03-31
Previous Quarter
-174 K
Current Value
-123 K
Quarterly Volatility
830.4 K
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ensign financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ensign's main balance sheet or income statement drivers, such as Depreciation And Amortization of 76 M, Interest Expense of 8.2 M or Total Revenue of 3.9 B, as well as many indicators such as Price To Sales Ratio of 1.76, Dividend Yield of 0.002 or PTB Ratio of 7.38. Ensign financial statements analysis is a perfect complement when working with Ensign Valuation or Volatility modules.
  
Check out the analysis of Ensign Correlation against competitors.

Latest Ensign's Minority Interest Growth Pattern

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

Ensign Minority Interest Regression Statistics

Arithmetic Mean(81,443)
Geometric Mean564,128
Coefficient Of Variation(1,705)
Mean Deviation943,821
Median(348,650)
Standard Deviation1,388,639
Sample Variance1.9T
Range5.9M
R-Value(0.16)
Mean Square Error2T
R-Squared0.03
Significance0.57
Slope(49,963)
Total Sum of Squares27T

Ensign Minority Interest History

2024-348.6 K
2023-367 K
2022-29 K
2021-3.1 M
2020886 K
2019-1.2 M
2018-164 K

About Ensign Financial Statements

Ensign stakeholders use historical fundamental indicators, such as Ensign's Minority Interest, to determine how well the company is positioned to perform in the future. Although Ensign investors may analyze each financial statement separately, they are all interrelated. For example, changes in Ensign's assets and liabilities are reflected in the revenues and expenses on Ensign's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in The Ensign Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Minority Interest-367 K-348.6 K

Currently Active Assets on Macroaxis

When determining whether Ensign Group is a strong investment it is important to analyze Ensign's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ensign's future performance. For an informed investment choice regarding Ensign Stock, refer to the following important reports:
Check out the analysis of Ensign Correlation against competitors.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ensign. If investors know Ensign will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ensign listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.207
Dividend Share
0.24
Earnings Share
4.12
Revenue Per Share
72.801
Quarterly Revenue Growth
0.15
The market value of Ensign Group is measured differently than its book value, which is the value of Ensign that is recorded on the company's balance sheet. Investors also form their own opinion of Ensign's value that differs from its market value or its book value, called intrinsic value, which is Ensign's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ensign's market value can be influenced by many factors that don't directly affect Ensign's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ensign's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ensign is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ensign's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.