Inner Minority Interest vs Tax Provision Analysis

600295 Stock   9.65  0.07  0.73%   
Inner Mongolia financial indicator trend analysis is infinitely more than just investigating Inner Mongolia ERDOS recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Inner Mongolia ERDOS is a good investment. Please check the relationship between Inner Mongolia Minority Interest and its Tax Provision accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Inner Mongolia ERDOS. 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 Tax Provision

Minority Interest vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Inner Mongolia ERDOS Minority Interest account and Tax Provision. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Inner Mongolia's Minority Interest and Tax Provision is -0.49. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Inner Mongolia ERDOS, assuming nothing else is changed. The correlation between historical values of Inner Mongolia's Minority Interest and Tax Provision 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 Inner Mongolia ERDOS are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Minority Interest i.e., Inner Mongolia's Minority Interest and Tax Provision go up and down completely randomly.

Correlation Coefficient

-0.49
Relationship DirectionNegative 
Relationship StrengthVery Weak

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 Inner Mongolia ERDOS whose combined shares represent less than 50% of the total outstanding shares issued by Inner Mongolia have a minority interest in Inner Mongolia.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most indicators from Inner Mongolia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Inner Mongolia ERDOS 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 Inner Mongolia ERDOS. 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 713.9 M, whereas Selling General Administrative is forecasted to decline to about 1.4 B.
 2022 2023 2024 2025 (projected)
Operating Income7.0B3.9B4.5B2.3B
Total Revenue36.4B30.6B35.1B36.9B

Inner Mongolia fundamental ratios Correlations

0.410.80.490.520.580.690.360.120.65-0.020.830.720.830.90.220.440.1-0.520.510.50.560.390.340.410.54
0.410.250.070.12-0.070.18-0.150.110.480.10.360.070.340.370.43-0.020.35-0.090.160.240.13-0.170.020.06-0.07
0.80.250.070.120.30.6-0.010.410.260.120.950.540.410.90.260.06-0.16-0.270.00.040.240.060.720.530.58
0.490.070.070.990.940.510.92-0.630.49-0.490.040.830.770.17-0.420.98-0.02-0.860.890.860.820.83-0.190.410.56
0.520.120.120.990.940.520.91-0.60.5-0.50.090.850.760.21-0.420.97-0.05-0.880.890.850.810.81-0.150.440.59
0.58-0.070.30.940.940.60.88-0.470.42-0.470.250.920.740.33-0.380.92-0.11-0.850.770.750.810.840.00.570.68
0.690.180.60.510.520.60.35-0.310.37-0.150.480.640.710.48-0.170.52-0.07-0.760.580.650.850.510.570.830.77
0.36-0.15-0.010.920.910.880.35-0.540.39-0.45-0.060.780.590.08-0.520.94-0.05-0.750.790.680.690.8-0.230.260.51
0.120.110.41-0.63-0.6-0.47-0.31-0.540.090.620.55-0.35-0.320.450.74-0.640.310.64-0.71-0.76-0.62-0.550.22-0.24-0.3
0.650.480.260.490.50.420.370.390.090.290.410.350.710.50.330.430.63-0.280.50.420.430.4-0.190.120.11
-0.020.10.12-0.49-0.5-0.47-0.15-0.450.620.290.24-0.45-0.130.150.57-0.470.530.47-0.49-0.48-0.44-0.460.15-0.22-0.27
0.830.360.950.040.090.250.48-0.060.550.410.240.460.460.970.52-0.010.07-0.14-0.040.010.150.010.550.380.38
0.720.070.540.830.850.920.640.78-0.350.35-0.450.460.730.54-0.320.82-0.28-0.820.680.670.740.690.210.570.76
0.830.340.410.770.760.740.710.59-0.320.71-0.130.460.730.580.020.710.21-0.710.810.840.790.640.030.380.49
0.90.370.90.170.210.330.480.080.450.50.150.970.540.580.490.110.1-0.190.120.130.230.110.40.280.35
0.220.430.26-0.42-0.42-0.38-0.17-0.520.740.330.570.52-0.320.020.49-0.530.590.53-0.46-0.39-0.38-0.44-0.04-0.22-0.48
0.44-0.020.060.980.970.920.520.94-0.640.43-0.47-0.010.820.710.11-0.53-0.09-0.880.880.830.810.82-0.120.420.63
0.10.35-0.16-0.02-0.05-0.11-0.07-0.050.310.630.530.07-0.280.210.10.59-0.090.210.0-0.01-0.05-0.02-0.41-0.23-0.43
-0.52-0.09-0.27-0.86-0.88-0.85-0.76-0.750.64-0.280.47-0.14-0.82-0.71-0.190.53-0.880.21-0.83-0.86-0.9-0.72-0.24-0.7-0.82
0.510.160.00.890.890.770.580.79-0.710.5-0.49-0.040.680.810.12-0.460.880.0-0.830.960.880.77-0.170.320.49
0.50.240.040.860.850.750.650.68-0.760.42-0.480.010.670.840.13-0.390.83-0.01-0.860.960.890.72-0.090.410.5
0.560.130.240.820.810.810.850.69-0.620.43-0.440.150.740.790.23-0.380.81-0.05-0.90.880.890.770.170.690.69
0.39-0.170.060.830.810.840.510.8-0.550.4-0.460.010.690.640.11-0.440.82-0.02-0.720.770.720.77-0.130.470.52
0.340.020.72-0.19-0.150.00.57-0.230.22-0.190.150.550.210.030.4-0.04-0.12-0.41-0.24-0.17-0.090.17-0.130.640.68
0.410.060.530.410.440.570.830.26-0.240.12-0.220.380.570.380.28-0.220.42-0.23-0.70.320.410.690.470.640.8
0.54-0.070.580.560.590.680.770.51-0.30.11-0.270.380.760.490.35-0.480.63-0.43-0.820.490.50.690.520.680.8
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Inner Mongolia Account Relationship Matchups

Inner Mongolia fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets46.8B49.8B47.8B48.6B55.9B31.7B
Other Current Liab2.0B3.7B3.0B725.2M834.0M792.3M
Total Current Liabilities22.6B20.4B16.6B17.3B19.9B14.9B
Total Stockholder Equity13.6B18.6B20.4B21.3B24.5B25.7B
Retained Earnings8.2B13.2B13.2B13.7B15.8B16.6B
Accounts Payable7.2B7.9B7.3B10.6B12.1B12.7B
Cash8.0B6.8B5.5B5.9B6.8B3.5B
Other Assets763.8M651.9M793.2M2.5B2.9B3.1B
Net Receivables1.1B1.6B1.0B1.3B1.5B1.4B
Inventory3.3B4.5B4.2B3.9B4.5B3.6B
Other Current Assets650.7M556.5M734.9M278.9M320.8M304.7M
Total Liab28.6B25.9B22.0B22.2B25.5B19.5B
Intangible Assets1.1B1.1B1.3B1.3B1.5B1.6B
Property Plant Equipment24.2B21.7B19.5B19.4B22.3B14.6B
Long Term Debt5.6B4.9B3.2B2.0B2.3B2.2B
Other Liab332.4M337.3M474.1M642.7M739.1M776.0M
Net Tangible Assets11.7B12.5B17.5B19.1B22.0B12.2B
Other Stockholder Equity123.8M185.0M196.6M181.2M208.3M119.7M
Deferred Long Term Liab260.8M285.0M256.4M275.6M316.9M229.5M
Short Long Term Debt10.5B6.8B5.4B2.7B2.5B2.3B
Total Current Assets16.5B16.9B12.6B12.9B14.8B16.6B
Non Current Assets Total30.3B32.9B35.2B35.7B41.1B35.4B
Non Currrent Assets Other59.3M57.9M1.6B130.2M117.2M111.4M
Non Current Liabilities Total6.0B5.5B5.3B4.9B5.6B5.9B
Non Current Liabilities Other32.9M30.3M27.6M58.9M67.7M40.9M
Net Debt11.7B8.2B5.0B3.1B2.8B2.6B
Net Invested Capital29.8B30.3B29.0B26.0B23.4B23.8B
Net Working Capital(6.0B)(3.5B)(4.1B)(4.4B)(5.1B)(5.4B)
Property Plant And Equipment Net21.7B19.5B19.4B19.4B17.4B16.5B
Property Plant And Equipment Gross42.3B42.7B19.4B46.9B42.3B30.9B

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Other Information on Investing in Inner Stock

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