| 600598 Stock | | | 13.87 0.38 2.67% |
Heilongjiang Agriculture financial indicator trend analysis is much more than just examining Heilongjiang Agriculture latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Heilongjiang Agriculture is a good investment. Please check the relationship between Heilongjiang Agriculture Minority Interest and its Net Income From Continuing Ops accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Heilongjiang Agriculture 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.
Minority Interest vs Net Income From Continuing Ops
Minority Interest vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Heilongjiang Agriculture Minority Interest account and
Net Income From Continuing Ops. At this time, the significance of the direction appears to have no relationship.
The correlation between Heilongjiang Agriculture's Minority Interest and Net Income From Continuing Ops is 0.03. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Heilongjiang Agriculture Co, assuming nothing else is changed. The correlation between historical values of Heilongjiang Agriculture's Minority Interest and Net Income From Continuing Ops 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 Heilongjiang Agriculture Co are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Minority Interest i.e., Heilongjiang Agriculture's Minority Interest and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | 0.03 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
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 Heilongjiang Agriculture Co whose combined shares represent less than 50% of the total outstanding shares issued by Heilongjiang Agriculture have a minority interest in Heilongjiang Agriculture.
Net Income From Continuing Ops
Most indicators from Heilongjiang Agriculture's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Heilongjiang Agriculture 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 Heilongjiang Agriculture 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 676
M. The current year's
Tax Provision is expected to grow to about 31.8
MHeilongjiang Agriculture fundamental ratios Correlations
Click cells to compare fundamentals
Heilongjiang Agriculture Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Heilongjiang Agriculture fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Heilongjiang Stock
Balance Sheet is a snapshot of the
financial position of Heilongjiang Agriculture at a specified time, usually calculated after every quarter, six months, or one year. Heilongjiang Agriculture Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Heilongjiang Agriculture 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 Heilongjiang currently owns. An asset can also be divided into two categories, current and non-current.