601900 Stock | | | 15.33 0.21 1.35% |
Southern PublishingMedia financial indicator trend analysis is much more than just breaking down Southern PublishingMedia prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Southern PublishingMedia is a good investment. Please check the relationship between Southern PublishingMedia Gross Profit and its Minority Interest accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Southern PublishingMedia 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 board of governors.
Gross Profit vs Minority Interest
Gross Profit vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Southern PublishingMedia Gross Profit account and
Minority Interest. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Southern PublishingMedia's Gross Profit and Minority Interest is -0.45. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Southern PublishingMedia Co, assuming nothing else is changed. The correlation between historical values of Southern PublishingMedia's Gross Profit 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 Gross Profit of Southern PublishingMedia 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 Gross Profit i.e., Southern PublishingMedia's Gross Profit and Minority Interest go up and down completely randomly.
Correlation Coefficient | -0.45 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Southern PublishingMedia Co minus its cost of goods sold. It is profit before Southern PublishingMedia operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
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 Southern PublishingMedia Co whose combined shares represent less than 50% of the total outstanding shares issued by Southern PublishingMedia have a minority interest in Southern PublishingMedia.
Most indicators from Southern PublishingMedia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Southern PublishingMedia 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 Southern PublishingMedia 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 board of governors.
As of December 13, 2024,
Selling General Administrative is expected to decline to about 967.8
M. The current year's
Tax Provision is expected to grow to about (84.8
M)
Southern PublishingMedia fundamental ratios Correlations
Click cells to compare fundamentals
Southern PublishingMedia Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Southern PublishingMedia fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Southern Stock
Balance Sheet is a snapshot of the
financial position of Southern PublishingMedia at a specified time, usually calculated after every quarter, six months, or one year. Southern PublishingMedia Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Southern PublishingMedia 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 Southern currently owns. An asset can also be divided into two categories, current and non-current.