002887 Stock | | | 7.04 0.09 1.29% |
Tianjin LVYIN financial indicator trend analysis is much more than just breaking down Tianjin LVYIN Landscape prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tianjin LVYIN Landscape is a good investment. Please check the relationship between Tianjin LVYIN Income Tax Expense and its Minority Interest accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Tianjin LVYIN Landscape. 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.
Income Tax Expense vs Minority Interest
Income Tax Expense vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tianjin LVYIN Landscape Income Tax Expense account and
Minority Interest. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Tianjin LVYIN's Income Tax Expense and Minority Interest is 0.55. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Tianjin LVYIN Landscape, assuming nothing else is changed. The correlation between historical values of Tianjin LVYIN's Income Tax Expense 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 Income Tax Expense of Tianjin LVYIN Landscape 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 Income Tax Expense i.e., Tianjin LVYIN's Income Tax Expense and Minority Interest go up and down completely randomly.
Correlation Coefficient | 0.55 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Income Tax Expense
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 Tianjin LVYIN Landscape whose combined shares represent less than 50% of the total outstanding shares issued by Tianjin LVYIN have a minority interest in Tianjin LVYIN.
Most indicators from Tianjin LVYIN's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tianjin LVYIN Landscape 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 Tianjin LVYIN Landscape. 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
Tax Provision is expected to grow to about 34
M, whereas
Selling General Administrative is forecasted to decline to about 11.9
M.
Tianjin LVYIN fundamental ratios Correlations
Click cells to compare fundamentals
Tianjin LVYIN Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tianjin LVYIN fundamental ratios Accounts
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Other Information on Investing in Tianjin Stock
Balance Sheet is a snapshot of the
financial position of Tianjin LVYIN Landscape at a specified time, usually calculated after every quarter, six months, or one year. Tianjin LVYIN Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tianjin LVYIN 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 Tianjin currently owns. An asset can also be divided into two categories, current and non-current.