DRLimited Net Interest Income vs Minority Interest Analysis
301177 Stock | 25.30 1.20 4.98% |
DRLimited financial indicator trend analysis is much more than just examining DR Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DR Limited is a good investment. Please check the relationship between DRLimited Net Interest Income and its Minority Interest accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in DR Limited. 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.
Net Interest Income vs Minority Interest
Net Interest Income vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DR Limited Net Interest Income account and Minority Interest. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between DRLimited's Net Interest Income and Minority Interest is -0.48. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Minority Interest in the same time period over historical financial statements of DR Limited, assuming nothing else is changed. The correlation between historical values of DRLimited's Net 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 Net Interest Income of DR Limited 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 Net Interest Income i.e., DRLimited's Net Interest Income and Minority Interest go up and down completely randomly.
Correlation Coefficient | -0.48 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.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 DR Limited whose combined shares represent less than 50% of the total outstanding shares issued by DRLimited have a minority interest in DRLimited.Most indicators from DRLimited's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DR Limited 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 DR Limited. 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 1, 2024, Tax Provision is expected to decline to about 41.7 M. In addition to that, Selling General Administrative is expected to decline to about 1.1 B
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.2B | 2.6B | 1.5B | 2.2B | Total Revenue | 4.6B | 3.7B | 2.2B | 3.2B |
DRLimited fundamental ratios Correlations
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DRLimited Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.Other Information on Investing in DRLimited Stock
Balance Sheet is a snapshot of the financial position of DR Limited at a specified time, usually calculated after every quarter, six months, or one year. DRLimited Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of DRLimited 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 DRLimited currently owns. An asset can also be divided into two categories, current and non-current.