Lens Cost Of Revenue vs Minority Interest Analysis

300433 Stock

22.74 0.02 0.09%

Lens Technology financial indicator trend analysis is infinitely more than just investigating Lens Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lens Technology is a good investment. Please check the relationship between Lens Technology Cost Of Revenue and its Minority Interest accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Lens Technology 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.

Cost Of Revenue vs Minority Interest

Cost Of Revenue vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lens Technology Cost Of Revenue account and Minority Interest. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Lens Technology's Cost Of Revenue and Minority Interest is -0.32. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Lens Technology Co, assuming nothing else is changed. The correlation between historical values of Lens Technology's Cost Of Revenue 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 Cost Of Revenue of Lens Technology 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 Cost Of Revenue i.e., Lens Technology's Cost Of Revenue and Minority Interest go up and down completely randomly.

Correlation Coefficient

-0.32

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Cost Of Revenue

Cost of Revenue is found on Lens Technology income statement and represents the costs associated with goods and services Lens Technology 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.

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 Lens Technology Co whose combined shares represent less than 50% of the total outstanding shares issued by Lens Technology have a minority interest in Lens Technology.

Most indicators from Lens Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lens Technology 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 Lens Technology 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.

The current year's Selling General Administrative is expected to grow to about 1.3 B. The current year's Tax Provision is expected to grow to about 270.5 M

	2021	2022	2023	2024 (projected)
Operating Income	3.0B	3.6B	3.8B	3.2B
Total Revenue	45.3B	46.7B	54.5B	29.0B

Operating Income Total Revenue

Lens Technology fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total
Total Assets		-0.27	0.94	0.99	0.9	0.97	0.98	0.92	0.85	0.93	0.97	0.6	0.98	0.27	0.98	1.0	0.9	0.91	0.97	0.31	0.78	0.87	0.56	0.97	0.88	0.97
Other Current Liab	-0.27		-0.14	-0.32	-0.39	-0.44	-0.32	-0.02	-0.5	-0.25	-0.38	0.18	-0.3	0.25	-0.19	-0.23	-0.28	-0.39	-0.27	-0.03	-0.37	-0.22	0.35	-0.13	-0.24	-0.27
Total Current Liabilities	0.94	-0.14		0.89	0.83	0.91	0.94	0.9	0.74	0.82	0.91	0.71	0.9	0.37	0.98	0.93	0.88	0.87	0.84	0.43	0.62	0.89	0.75	0.9	0.89	0.88
Total Stockholder Equity	0.99	-0.32	0.89		0.91	0.96	0.96	0.91	0.86	0.91	0.96	0.51	0.99	0.21	0.95	0.99	0.88	0.9	0.98	0.21	0.81	0.84	0.47	0.96	0.85	0.96
Other Liab	0.9	-0.39	0.83	0.91		0.89	0.88	0.85	0.94	0.83	0.87	0.41	0.91	0.05	0.87	0.9	0.92	0.96	0.92	0.25	0.92	0.87	0.36	0.93	0.87	0.94
Retained Earnings	0.97	-0.44	0.91	0.96	0.89		0.98	0.86	0.85	0.88	0.98	0.58	0.94	0.27	0.94	0.95	0.89	0.91	0.91	0.34	0.71	0.85	0.53	0.89	0.87	0.9
Accounts Payable	0.98	-0.32	0.94	0.96	0.88	0.98		0.87	0.86	0.93	0.99	0.65	0.95	0.27	0.98	0.97	0.92	0.93	0.93	0.41	0.71	0.91	0.58	0.92	0.91	0.94
Cash	0.92	-0.02	0.9	0.91	0.85	0.86	0.87		0.7	0.8	0.84	0.59	0.93	0.31	0.92	0.93	0.8	0.8	0.89	0.19	0.71	0.75	0.66	0.96	0.76	0.87
Other Assets	0.85	-0.5	0.74	0.86	0.94	0.85	0.86	0.7		0.85	0.87	0.4	0.83	-0.01	0.81	0.83	0.94	0.96	0.87	0.39	0.87	0.88	0.27	0.83	0.89	0.9
Long Term Debt	0.93	-0.25	0.82	0.91	0.83	0.88	0.93	0.8	0.85		0.95	0.67	0.88	0.24	0.92	0.91	0.87	0.87	0.91	0.48	0.73	0.83	0.44	0.89	0.84	0.92
Net Receivables	0.97	-0.38	0.91	0.96	0.87	0.98	0.99	0.84	0.87	0.95		0.67	0.93	0.28	0.96	0.96	0.9	0.91	0.91	0.43	0.71	0.88	0.53	0.9	0.89	0.93
Short Term Investments	0.6	0.18	0.71	0.51	0.41	0.58	0.65	0.59	0.4	0.67	0.67		0.47	0.64	0.71	0.58	0.59	0.53	0.44	0.72	0.13	0.6	0.82	0.56	0.64	0.5
Inventory	0.98	-0.3	0.9	0.99	0.91	0.94	0.95	0.93	0.83	0.88	0.93	0.47		0.2	0.94	0.99	0.86	0.89	0.98	0.16	0.83	0.82	0.47	0.97	0.82	0.96
Other Current Assets	0.27	0.25	0.37	0.21	0.05	0.27	0.27	0.31	-0.01	0.24	0.28	0.64	0.2		0.34	0.29	0.15	0.1	0.12	0.21	-0.14	0.18	0.65	0.23	0.2	0.12
Total Liab	0.98	-0.19	0.98	0.95	0.87	0.94	0.98	0.92	0.81	0.92	0.96	0.71	0.94	0.34		0.97	0.91	0.9	0.91	0.43	0.7	0.89	0.66	0.95	0.9	0.94
Intangible Assets	1.0	-0.23	0.93	0.99	0.9	0.95	0.97	0.93	0.83	0.91	0.96	0.58	0.99	0.29	0.97		0.89	0.9	0.97	0.25	0.79	0.87	0.57	0.97	0.87	0.96
Common Stock	0.9	-0.28	0.88	0.88	0.92	0.89	0.92	0.8	0.94	0.87	0.9	0.59	0.86	0.15	0.91	0.89		0.98	0.89	0.46	0.79	0.98	0.53	0.89	0.99	0.93
Property Plant Equipment	0.91	-0.39	0.87	0.9	0.96	0.91	0.93	0.8	0.96	0.87	0.91	0.53	0.89	0.1	0.9	0.9	0.98		0.9	0.41	0.85	0.96	0.44	0.9	0.96	0.95
Net Tangible Assets	0.97	-0.27	0.84	0.98	0.92	0.91	0.93	0.89	0.87	0.91	0.91	0.44	0.98	0.12	0.91	0.97	0.89	0.9		0.16	0.88	0.84	0.39	0.96	0.84	0.98
Other Stockholder Equity	0.31	-0.03	0.43	0.21	0.25	0.34	0.41	0.19	0.39	0.48	0.43	0.72	0.16	0.21	0.43	0.25	0.46	0.41	0.16		-0.01	0.48	0.49	0.22	0.53	0.27
Deferred Long Term Liab	0.78	-0.37	0.62	0.81	0.92	0.71	0.71	0.71	0.87	0.73	0.71	0.13	0.83	-0.14	0.7	0.79	0.79	0.85	0.88	-0.01		0.74	0.07	0.84	0.71	0.88
Long Term Investments	0.87	-0.22	0.89	0.84	0.87	0.85	0.91	0.75	0.88	0.83	0.88	0.6	0.82	0.18	0.89	0.87	0.98	0.96	0.84	0.48	0.74		0.57	0.85	0.99	0.91
Short Long Term Debt	0.56	0.35	0.75	0.47	0.36	0.53	0.58	0.66	0.27	0.44	0.53	0.82	0.47	0.65	0.66	0.57	0.53	0.44	0.39	0.49	0.07	0.57		0.54	0.6	0.42
Total Current Assets	0.97	-0.13	0.9	0.96	0.93	0.89	0.92	0.96	0.83	0.89	0.9	0.56	0.97	0.23	0.95	0.97	0.89	0.9	0.96	0.22	0.84	0.85	0.54		0.85	0.96
Short Term Debt	0.88	-0.24	0.89	0.85	0.87	0.87	0.91	0.76	0.89	0.84	0.89	0.64	0.82	0.2	0.9	0.87	0.99	0.96	0.84	0.53	0.71	0.99	0.6	0.85		0.9
Non Current Assets Total	0.97	-0.27	0.88	0.96	0.94	0.9	0.94	0.87	0.9	0.92	0.93	0.5	0.96	0.12	0.94	0.96	0.93	0.95	0.98	0.27	0.88	0.91	0.42	0.96	0.9

Click cells to compare fundamentals

Lens Technology Account Relationship Matchups

Lens Technology fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	47.0B	79.6B	76.6B	78.3B	77.5B	45.0B
Other Current Liab	718.7M	1.3B	246.9M	60.8M	116.4M	110.6M
Total Current Liabilities	19.0B	27.0B	20.1B	22.2B	19.1B	15.7B
Total Stockholder Equity	22.4B	42.2B	42.6B	44.2B	46.3B	23.3B
Other Liab	802.5M	664.0M	1.8B	1.7B	1.9B	2.0B
Retained Earnings	12.7B	16.4B	16.7B	16.5B	18.3B	11.3B
Accounts Payable	8.1B	9.9B	10.2B	10.1B	11.1B	6.6B
Cash	5.7B	19.3B	10.2B	11.7B	10.5B	6.4B
Other Assets	1.8B	1.2B	2.0B	3.1B	3.6B	3.8B
Long Term Debt	4.9B	6.9B	11.0B	9.1B	9.6B	5.1B
Net Receivables	6.9B	8.0B	10.3B	9.0B	9.3B	6.0B
Inventory	3.2B	6.8B	6.1B	6.7B	6.7B	3.7B
Other Current Assets	865.7M	1.0B	1.1B	424.7M	359.2M	341.2M
Total Liab	24.6B	37.3B	33.8B	34.0B	30.9B	21.7B
Intangible Assets	2.9B	5.8B	5.5B	5.2B	5.2B	2.8B
Common Stock	2.6B	3.9B	4.3B	5.0B	5.7B	6.0B
Property Plant Equipment	24.1B	26.1B	33.0B	34.8B	40.0B	42.0B
Net Tangible Assets	19.4B	33.4B	34.2B	34.3B	39.4B	23.7B
Other Stockholder Equity	1.1B	429.1M	122.6M	212.4M	244.3M	418.0M
Deferred Long Term Liab	27.8M	20.5M	234.0M	290.0M	333.5M	350.1M
Short Long Term Debt	8.3B	13.4B	4.4B	2.8B	1.4B	1.3B
Total Current Assets	16.6B	35.4B	29.2B	28.6B	28.1B	22.4B
Non Current Assets Total	30.4B	44.2B	47.4B	49.7B	49.4B	39.4B
Non Currrent Assets Other	505.6M	571.0M	884.6M	783.3M	688.0M	664.4M
Non Current Liabilities Total	5.6B	10.2B	13.7B	11.8B	11.9B	9.2B
Non Current Liabilities Other	1.4M	2.4M	1.0M	1.3M	3.6M	1.9M
Net Debt	6.0B	1.1B	5.2B	251.6M	486.5M	462.1M
Common Stock Shares Outstanding	3.9B	4.3B	4.4B	5.0B	5.0B	4.9B
Net Invested Capital	34.0B	62.5B	58.1B	56.1B	57.3B	51.5B
Net Working Capital	(2.4B)	8.4B	9.1B	6.4B	9.0B	9.5B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

C	Citigroup
GM	General Motors
F	Ford Motor

Other Information on Investing in Lens Stock

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Lens Cost Of Revenue vs Minority Interest Analysis

Cost Of Revenue vs Minority Interest

Cost Of Revenue vs Minority Interest Correlation Analysis

Correlation Coefficient

Cost Of Revenue

Minority Interest

Lens Technology fundamental ratios Correlations

Lens Technology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Lens Technology fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in Lens Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Intangible Assets	+ 1.0	Total Assets
Total Stockholder Equity	+ 0.99	Total Assets
Inventory	+ 0.99	Total Stockholder Equity
Intangible Assets	+ 0.99	Total Stockholder Equity
Net Receivables	+ 0.99	Accounts Payable
Intangible Assets	+ 0.99	Inventory

Other Assets	- 0.5	Other Current Liab
Retained Earnings	- 0.44	Other Current Liab
Property Plant Equipment	- 0.39	Other Current Liab
Other Liab	- 0.39	Other Current Liab
Net Receivables	- 0.38	Other Current Liab
Deferred Long Term Liab	- 0.37	Other Current Liab