GEM Ebit vs Minority Interest Analysis

002340 Stock   6.63  0.08  1.22%   
GEM financial indicator trend analysis is much more than just examining GEM Co latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GEM Co is a good investment. Please check the relationship between GEM Ebit and its Minority Interest accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in GEM Co. 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.

Ebit vs Minority Interest

Ebit vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GEM Co Ebit account and Minority Interest. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between GEM's Ebit and Minority Interest is -0.07. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Minority Interest in the same time period over historical financial statements of GEM Co, assuming nothing else is changed. The correlation between historical values of GEM's Ebit 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 Ebit of GEM Co 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 Ebit i.e., GEM's Ebit and Minority Interest go up and down completely randomly.

Correlation Coefficient

-0.07
Relationship DirectionNegative 
Relationship StrengthInsignificant

Ebit

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 GEM Co whose combined shares represent less than 50% of the total outstanding shares issued by GEM have a minority interest in GEM.
Most indicators from GEM's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GEM Co 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 GEM Co. 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.
As of December 27, 2024, Selling General Administrative is expected to decline to about 175.4 M. In addition to that, Tax Provision is expected to decline to about 159.3 M
 2021 2022 2023 2024 (projected)
Operating Income1.8B2.3B1.7B854.8M
Total Revenue19.3B29.4B30.5B32.1B

GEM fundamental ratios Correlations

0.370.990.990.930.980.960.970.980.980.391.00.930.940.980.960.92-0.64-0.260.840.350.780.790.770.910.79
0.370.40.420.390.370.440.360.390.460.920.350.530.570.50.510.14-0.110.030.450.420.410.590.60.30.59
0.990.40.970.90.970.960.960.970.980.440.990.930.950.980.960.89-0.62-0.270.820.380.760.810.810.880.81
0.990.420.970.910.990.960.980.950.980.450.970.940.940.990.960.88-0.67-0.260.880.330.830.820.770.920.82
0.930.390.90.910.910.850.840.970.90.320.930.850.830.920.870.93-0.51-0.180.740.360.640.690.630.840.68
0.980.370.970.990.910.980.980.950.970.390.960.890.920.970.960.87-0.75-0.370.890.260.850.790.750.940.8
0.960.440.960.960.850.980.950.910.950.440.940.890.910.960.950.79-0.77-0.340.890.240.870.770.750.90.78
0.970.360.960.980.840.980.950.910.970.440.950.90.940.960.950.84-0.72-0.340.880.30.850.820.80.920.84
0.980.390.970.950.970.950.910.910.960.380.990.910.910.960.930.95-0.54-0.220.780.420.70.780.750.880.77
0.980.460.980.980.90.970.950.970.960.520.980.960.970.990.980.88-0.6-0.290.850.410.790.860.840.90.87
0.390.920.440.450.320.390.440.440.380.520.380.570.650.520.570.16-0.17-0.140.470.460.460.710.750.340.71
1.00.350.990.970.930.960.940.950.990.980.380.920.930.970.950.94-0.59-0.250.80.380.730.790.770.880.78
0.930.530.930.940.850.890.890.90.910.960.570.920.940.950.930.81-0.48-0.140.780.460.730.830.810.810.83
0.940.570.950.940.830.920.910.940.910.970.650.930.940.950.960.79-0.54-0.310.840.530.770.930.930.860.93
0.980.50.980.990.920.970.960.960.960.990.520.970.950.950.970.87-0.63-0.250.860.360.80.820.790.890.82
0.960.510.960.960.870.960.950.950.930.980.570.950.930.960.970.84-0.65-0.30.860.430.830.880.850.880.88
0.920.140.890.880.930.870.790.840.950.880.160.940.810.790.870.84-0.44-0.150.640.360.560.640.60.810.63
-0.64-0.11-0.62-0.67-0.51-0.75-0.77-0.72-0.54-0.6-0.17-0.59-0.48-0.54-0.63-0.65-0.440.62-0.790.24-0.85-0.44-0.41-0.72-0.49
-0.260.03-0.27-0.26-0.18-0.37-0.34-0.34-0.22-0.29-0.14-0.25-0.14-0.31-0.25-0.3-0.150.62-0.420.13-0.4-0.34-0.36-0.4-0.39
0.840.450.820.880.740.890.890.880.780.850.470.80.780.840.860.860.64-0.79-0.420.170.970.820.730.960.85
0.350.420.380.330.360.260.240.30.420.410.460.380.460.530.360.430.360.240.130.170.080.630.630.240.55
0.780.410.760.830.640.850.870.850.70.790.460.730.730.770.80.830.56-0.85-0.40.970.080.760.680.90.8
0.790.590.810.820.690.790.770.820.780.860.710.790.830.930.820.880.64-0.44-0.340.820.630.760.960.820.99
0.770.60.810.770.630.750.750.80.750.840.750.770.810.930.790.850.6-0.41-0.360.730.630.680.960.730.96
0.910.30.880.920.840.940.90.920.880.90.340.880.810.860.890.880.81-0.72-0.40.960.240.90.820.730.85
0.790.590.810.820.680.80.780.840.770.870.710.780.830.930.820.880.63-0.49-0.390.850.550.80.990.960.85
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GEM Account Relationship Matchups

GEM fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets26.8B29.7B34.4B44.1B52.6B55.3B
Other Current Liab1.1B1.4B2.5B417.8M409.9M638.5M
Total Current Liabilities12.0B13.6B13.9B15.1B22.2B23.3B
Total Stockholder Equity10.5B13.3B14.2B18.5B18.8B19.7B
Other Liab339.5M252.7M227.6M793.8M912.9M958.5M
Retained Earnings2.9B3.1B4.0B5.0B5.4B5.7B
Accounts Payable3.3B3.8B4.3B3.9B5.4B5.7B
Cash3.3B4.4B3.7B5.4B5.5B5.8B
Net Receivables3.0B2.5B5.0B5.3B6.9B7.3B
Inventory5.7B5.8B6.3B7.7B8.3B8.7B
Other Current Assets1.5B1.6B2.1B581.3M450.1M720.2M
Total Liab15.8B15.6B18.6B23.3B30.9B32.5B
Intangible Assets1.9B1.9B1.9B2.2B2.4B2.5B
Common Stock3.8B4.2B4.1B4.8B5.5B5.8B
Property Plant Equipment8.4B9.6B10.8B13.4B15.4B16.2B
Other Assets761.4M850.1M756.9M966.4M1.1B1.2B
Long Term Debt3.5B1.4B3.8B7.5B8.2B8.6B
Net Tangible Assets8.3B8.6B11.5B12.3B14.2B8.9B
Other Stockholder Equity34.5M40.1M33.6M27.0M24.3M34.0M
Deferred Long Term Liab112.1M125.9M152.5M153.5M176.5M112.6M
Short Long Term Debt6.2B6.6B5.6B4.4B6.6B5.8B
Total Current Assets13.6B15.1B17.0B22.0B24.6B16.4B
Non Current Assets Total13.3B14.6B17.4B22.1B28.1B17.6B
Non Currrent Assets Other616.6M512.4M693.6M625.0M1.7B1.7B
Non Current Liabilities Total3.8B2.0B4.7B8.2B8.7B5.5B
Net Debt5.4B3.6B5.7B6.5B9.2B7.0B
Common Stock Shares Outstanding4.2B4.1B4.8B5.1B5.9B5.0B
Net Invested Capital19.2B21.4B23.7B30.4B33.5B26.0B
Net Working Capital1.6B1.5B3.1B7.0B2.4B3.0B

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Other Information on Investing in GEM Stock

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