Unisplendour Minority Interest vs Cost Of Revenue Analysis

000938 Stock   24.94  0.03  0.12%   
Unisplendour Corp financial indicator trend analysis is much more than just breaking down Unisplendour Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Unisplendour Corp is a good investment. Please check the relationship between Unisplendour Corp Minority Interest and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Unisplendour Corp. 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.

Minority Interest vs Cost Of Revenue

Minority Interest vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Unisplendour Corp Minority Interest account and Cost Of Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Unisplendour Corp's Minority Interest and Cost Of Revenue is -0.09. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Unisplendour Corp, assuming nothing else is changed. The correlation between historical values of Unisplendour Corp's Minority Interest and Cost Of Revenue 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 Unisplendour Corp are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Minority Interest i.e., Unisplendour Corp's Minority Interest and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.09
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 Unisplendour Corp whose combined shares represent less than 50% of the total outstanding shares issued by Unisplendour Corp have a minority interest in Unisplendour Corp.

Cost Of Revenue

Cost of Revenue is found on Unisplendour Corp income statement and represents the costs associated with goods and services Unisplendour Corp provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from Unisplendour Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Unisplendour Corp 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 Unisplendour Corp. 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 4.8 B, whereas Tax Provision is forecasted to decline to about 71.9 M.
 2021 2022 2023 2024 (projected)
Operating Income4.5B5.6B5.1B5.4B
Total Revenue67.6B74.1B77.3B81.2B

Unisplendour Corp fundamental ratios Correlations

0.590.980.970.990.960.960.980.850.660.990.920.510.970.930.970.920.90.940.750.18-0.90.910.940.810.93
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0.970.710.910.970.870.880.910.920.520.970.80.580.890.990.920.810.970.940.590.4-0.970.880.90.860.87
0.990.660.970.970.950.960.970.870.60.990.890.550.960.930.980.90.90.960.710.19-0.920.920.940.840.94
0.960.451.00.870.950.990.980.720.720.950.980.420.990.790.980.980.750.890.87-0.09-0.770.890.940.720.94
0.960.50.990.880.960.990.970.720.660.950.960.450.980.80.990.970.760.90.84-0.07-0.780.870.940.70.93
0.980.50.990.910.970.980.970.810.730.970.940.440.990.850.970.920.810.910.770.05-0.820.90.920.740.95
0.850.770.760.920.870.720.720.810.380.870.610.680.740.920.790.60.920.870.330.47-0.940.840.770.890.8
0.66-0.070.710.520.60.720.660.730.380.610.80.10.760.450.620.710.390.470.71-0.17-0.360.550.570.340.65
0.990.630.980.970.990.950.950.970.870.610.910.550.960.920.970.910.890.960.750.16-0.910.930.940.830.92
0.920.330.970.80.890.980.960.940.610.80.910.30.980.720.930.990.670.820.93-0.16-0.670.830.890.630.88
0.510.660.440.580.550.420.450.440.680.10.550.30.420.580.480.330.610.620.130.27-0.680.520.520.640.46
0.970.441.00.890.960.990.980.990.740.760.960.980.420.820.970.970.780.890.85-0.02-0.790.890.930.730.93
0.930.750.840.990.930.790.80.850.920.450.920.720.580.820.860.740.990.910.50.52-0.980.830.840.840.8
0.970.60.980.920.980.980.990.970.790.620.970.930.480.970.860.940.830.930.770.05-0.850.890.940.760.96
0.920.40.970.810.90.980.970.920.60.710.910.990.330.970.740.940.690.840.94-0.15-0.70.830.910.640.86
0.90.770.80.970.90.750.760.810.920.390.890.670.610.780.990.830.690.920.450.56-0.990.840.850.870.74
0.940.720.910.940.960.890.90.910.870.470.960.820.620.890.910.930.840.920.650.21-0.950.960.970.890.84
0.750.150.840.590.710.870.840.770.330.710.750.930.130.850.50.770.940.450.65-0.38-0.450.670.760.410.68
0.180.470.00.40.19-0.09-0.070.050.47-0.170.16-0.160.27-0.020.520.05-0.150.560.21-0.38-0.50.090.060.330.0
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0.910.620.90.880.920.890.870.90.840.550.930.830.520.890.830.890.830.840.960.670.09-0.870.950.910.84
0.940.570.940.90.940.940.940.920.770.570.940.890.520.930.840.940.910.850.970.760.06-0.860.950.820.84
0.810.720.750.860.840.720.70.740.890.340.830.630.640.730.840.760.640.870.890.410.33-0.910.910.820.75
0.930.520.940.870.940.940.930.950.80.650.920.880.460.930.80.960.860.740.840.680.0-0.780.840.840.75
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Unisplendour Corp Account Relationship Matchups

Unisplendour Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets54.7B58.8B66.4B74.1B87.3B91.6B
Other Current Liab6.4B6.2B8.8B2.6B2.2B2.0B
Total Current Liabilities20.9B23.4B28.4B33.3B39.3B41.3B
Total Stockholder Equity28.2B29.7B30.0B31.8B33.9B35.6B
Other Liab1.2B1.4B1.7B1.8B2.1B2.2B
Retained Earnings6.1B7.4B9.3B10.9B13.0B13.6B
Accounts Payable7.5B10.4B11.8B13.2B14.4B15.1B
Cash9.8B9.0B9.0B10.7B14.7B15.4B
Other Assets3.6B4.7B3.2B2.7B3.1B3.3B
Long Term Debt958.5M323.6M100.1M200.2M5.1B5.3B
Net Receivables10.6B9.2B12.4B13.0B14.1B14.8B
Inventory7.9B9.6B18.4B20.3B27.9B29.3B
Other Current Assets2.4B2.2B2.6B2.0B1.6B947.6M
Total Liab22.4B24.7B30.8B36.2B47.2B49.6B
Intangible Assets3.6B3.9B4.0B3.7B4.1B4.3B
Property Plant Equipment589.3M591.2M989.2M1.9B2.1B2.2B
Net Tangible Assets8.9B10.6B10.3B12.1B13.9B9.1B
Other Stockholder Equity151.5M16.8M(9.9M)17.8B20.5B21.5B
Deferred Long Term Liab691.8M517.9M491.1M72.2M65.0M61.7M
Short Long Term Debt4.3B3.1B4.3B4.2B6.3B3.4B
Total Current Assets31.6B35.4B43.6B50.7B63.6B35.7B
Non Current Assets Total23.2B24.0B22.9B23.4B23.6B25.0B
Non Currrent Assets Other1.4B2.0B523.7M842.0M583.2M772.4M
Short Term Investments778.5M2.1B1.1B1.4B314.2M298.5M
Non Current Liabilities Total1.5B1.6B2.3B2.9B7.9B8.3B
Non Current Liabilities Other114.4M212.5M245.2M282.5M319.5M197.4M
Net Invested Capital32.4B32.8B34.4B36.2B45.3B37.7B
Net Working Capital10.7B11.8B15.1B17.4B24.3B15.4B

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Other Information on Investing in Unisplendour Stock

Balance Sheet is a snapshot of the financial position of Unisplendour Corp at a specified time, usually calculated after every quarter, six months, or one year. Unisplendour Corp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Unisplendour Corp 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 Unisplendour currently owns. An asset can also be divided into two categories, current and non-current.