000156 Stock | | | 8.40 0.34 4.22% |
Wasu Media financial indicator trend analysis is more than just analyzing Wasu Media Holding current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wasu Media Holding is a good investment. Please check the relationship between Wasu Media Interest Income and its Minority Interest accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Wasu Media Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
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Interest Income vs Minority Interest
Interest Income vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Wasu Media Holding Interest Income account and
Minority Interest. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Wasu Media's Interest Income and Minority Interest is -0.29. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Wasu Media Holding, assuming nothing else is changed. The correlation between historical values of Wasu Media's Interest Income and Minority Interest is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Wasu Media Holding are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Interest Income i.e., Wasu Media's Interest Income and Minority Interest go up and down completely randomly.
Correlation Coefficient | -0.29 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
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 Wasu Media Holding whose combined shares represent less than 50% of the total outstanding shares issued by Wasu Media have a minority interest in Wasu Media.
Most indicators from Wasu Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wasu Media Holding 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Wasu Media Holding. 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.
The current year's
Selling General Administrative is expected to grow to about 1.2
B. The current year's
Tax Provision is expected to grow to about 16
MWasu Media fundamental ratios Correlations
Click cells to compare fundamentals
Wasu Media Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Wasu Media fundamental ratios Accounts
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Other Information on Investing in Wasu Stock
Balance Sheet is a snapshot of the
financial position of Wasu Media Holding at a specified time, usually calculated after every quarter, six months, or one year. Wasu Media Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Wasu Media and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Wasu currently owns. An asset can also be divided into two categories, current and non-current.