Grandblue Selling General Administrative vs Minority Interest Analysis

600323 Stock   23.12  0.06  0.26%   
Grandblue Environment financial indicator trend analysis is much more than just examining Grandblue Environment latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Grandblue Environment is a good investment. Please check the relationship between Grandblue Environment Selling General Administrative and its Minority Interest accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Grandblue Environment 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.

Selling General Administrative vs Minority Interest

Selling General Administrative vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Grandblue Environment Selling General Administrative account and Minority Interest. At this time, the significance of the direction appears to have no relationship.
Selling General AdministrativeMinority InterestDiversified AwaySelling General AdministrativeMinority InterestDiversified Away100%
The correlation between Grandblue Environment's Selling General Administrative and Minority Interest is 0.07. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Grandblue Environment Co, assuming nothing else is changed. The correlation between historical values of Grandblue Environment's Selling General Administrative 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 Selling General Administrative of Grandblue Environment 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 Selling General Administrative i.e., Grandblue Environment's Selling General Administrative and Minority Interest go up and down completely randomly.

Correlation Coefficient

0.07
Relationship DirectionPositive 
Relationship StrengthInsignificant

Selling General Administrative

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 Grandblue Environment Co whose combined shares represent less than 50% of the total outstanding shares issued by Grandblue Environment have a minority interest in Grandblue Environment.
Most indicators from Grandblue Environment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Grandblue Environment 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 Grandblue Environment 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 297.1 M, whereas Tax Provision is forecasted to decline to about 264.9 M.
 2021 2022 2023 2024 (projected)
Operating Income2.0B1.9B2.4B2.5B
Total Revenue11.8B12.9B12.5B13.2B

Grandblue Environment fundamental ratios Correlations

0.270.991.00.950.990.990.770.860.940.60.891.00.980.60.81.00.110.860.360.570.880.790.370.860.23
0.270.360.20.270.20.310.2-0.170.010.770.470.30.380.50.720.230.30.23-0.570.60.250.41-0.040.040.09
0.990.360.970.920.980.990.70.820.930.640.920.990.970.580.830.980.090.880.30.620.90.770.450.860.32
1.00.20.970.961.00.980.790.880.950.540.850.990.970.590.760.990.10.840.410.520.870.780.350.860.19
0.950.270.920.960.950.940.80.750.850.660.820.950.970.620.840.930.10.790.230.560.820.880.180.770.03
0.990.20.981.00.950.980.730.890.960.550.880.990.960.540.751.00.070.850.40.550.890.790.380.880.23
0.990.310.990.980.940.980.70.850.920.640.930.990.960.560.80.980.090.880.330.620.910.790.410.870.32
0.770.20.70.790.80.730.70.560.630.450.50.750.830.740.70.750.320.60.240.290.50.63-0.030.5-0.18
0.86-0.170.820.880.750.890.850.560.950.180.720.850.750.310.390.89-0.060.740.730.270.780.520.490.870.35
0.940.010.930.950.850.960.920.630.950.340.80.940.870.380.590.95-0.050.820.540.420.860.640.520.90.31
0.60.770.640.540.660.550.640.450.180.340.680.620.690.640.880.550.340.59-0.420.840.650.750.110.440.13
0.890.470.920.850.820.880.930.50.720.80.680.90.850.50.80.880.150.810.240.620.880.780.410.80.39
1.00.30.990.990.950.990.990.750.850.940.620.90.980.590.810.990.110.870.340.590.890.790.390.860.26
0.980.380.970.970.970.960.960.830.750.870.690.850.980.670.880.960.170.810.210.620.830.830.260.790.11
0.60.50.580.590.620.540.560.740.310.380.640.50.590.670.680.560.720.520.030.330.550.660.070.51-0.13
0.80.720.830.760.840.750.80.70.390.590.880.80.810.880.680.760.240.72-0.190.720.70.810.140.540.09
1.00.230.980.990.931.00.980.750.890.950.550.880.990.960.560.760.110.850.40.550.880.760.390.870.25
0.110.30.090.10.10.070.090.32-0.06-0.050.340.150.110.170.720.240.110.16-0.110.090.230.280.070.21-0.12
0.860.230.880.840.790.850.880.60.740.820.590.810.870.810.520.720.850.160.290.580.910.630.630.860.49
0.36-0.570.30.410.230.40.330.240.730.54-0.420.240.340.210.03-0.190.4-0.110.29-0.430.290.050.310.480.2
0.570.60.620.520.560.550.620.290.270.420.840.620.590.620.330.720.550.090.58-0.430.630.570.240.470.28
0.880.250.90.870.820.890.910.50.780.860.650.880.890.830.550.70.880.230.910.290.630.780.60.960.39
0.790.410.770.780.880.790.790.630.520.640.750.780.790.830.660.810.760.280.630.050.570.780.010.7-0.18
0.37-0.040.450.350.180.380.41-0.030.490.520.110.410.390.260.070.140.390.070.630.310.240.60.010.640.81
0.860.040.860.860.770.880.870.50.870.90.440.80.860.790.510.540.870.210.860.480.470.960.70.640.35
0.230.090.320.190.030.230.32-0.180.350.310.130.390.260.11-0.130.090.25-0.120.490.20.280.39-0.180.810.35
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Grandblue Environment Account Relationship Matchups

Grandblue Environment fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets21.1B24.9B29.3B33.3B35.8B37.6B
Other Current Liab2.0B2.5B904.3M927.5M522.1M669.9M
Total Current Liabilities6.7B7.8B7.6B9.9B9.9B10.4B
Total Stockholder Equity6.6B7.6B9.9B10.9B12.1B12.7B
Other Liab1.6B1.8B2.0B2.1B2.4B2.6B
Retained Earnings4.3B5.1B6.6B7.5B8.4B8.8B
Accounts Payable2.2B2.7B3.2B3.5B3.4B3.5B
Cash992.9M1.0B1.3B1.1B1.5B1.6B
Other Assets279.1M502.5M451.9M8.2B9.4B9.9B
Net Receivables1.0B1.0B1.7B2.8B3.3B3.4B
Inventory354.9M553.5M270.5M263.9M235.2M124.6M
Other Current Assets899.5M807.6M929.0M976.6M791.3M830.9M
Total Liab13.9B16.8B18.7B21.7B23.0B24.1B
Intangible Assets7.6B10.1B9.4B10.7B11.8B12.4B
Property Plant Equipment8.8B9.7B5.8B6.1B7.0B7.4B
Long Term Debt5.6B7.1B9.0B9.6B10.8B11.4B
Net Tangible Assets(1.4B)(3.0B)61.8M(218.6M)(251.3M)(263.9M)
Other Stockholder Equity43.2M52.1M156.2M61.5M70.7M66.2M
Deferred Long Term Liab92.0M100.2M99.0M117.4M135.0M86.3M
Short Long Term Debt1.3B1.2B856.2M1.8B2.0B1.1B
Total Current Assets3.3B3.7B4.8B6.4B7.8B4.2B
Non Current Assets Total17.8B21.2B24.4B26.9B28.0B21.4B
Non Currrent Assets Other265.6M180.3M7.8B8.4B8.0B8.4B
Non Current Liabilities Total7.2B9.0B11.2B11.8B13.0B9.4B
Non Current Liabilities Other4.5B5.5B109.1M34.1M35.7M34.0M
Net Debt5.8B7.2B8.6B10.3B11.3B7.7B
Net Invested Capital13.4B15.8B19.8B22.2B24.9B18.2B
Net Working Capital(3.4B)(4.1B)(2.7B)(3.4B)(2.1B)(2.2B)

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Other Information on Investing in Grandblue Stock

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