603712 Stock | | | 18.84 1.23 6.13% |
TianJin 712 financial indicator trend analysis is much more than just breaking down TianJin 712 Communication prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TianJin 712 Communication is a good investment. Please check the relationship between TianJin 712 Minority Interest and its Ebitda accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in TianJin 712 Communication. 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.
Minority Interest vs Ebitda
Minority Interest vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
TianJin 712 Communication Minority Interest account and
Ebitda. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between TianJin 712's Minority Interest and Ebitda is -0.64. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Ebitda in the same time period over historical financial statements of TianJin 712 Communication, assuming nothing else is changed. The correlation between historical values of TianJin 712's Minority Interest and Ebitda 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 TianJin 712 Communication are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Minority Interest i.e., TianJin 712's Minority Interest and Ebitda go up and down completely randomly.
Correlation Coefficient | -0.64 |
Relationship Direction | Negative |
Relationship Strength | 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 TianJin 712 Communication whose combined shares represent less than 50% of the total outstanding shares issued by TianJin 712 have a minority interest in TianJin 712.
Ebitda
Most indicators from TianJin 712's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TianJin 712 Communication 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 TianJin 712 Communication. 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 23, 2024,
Selling General Administrative is expected to decline to about 143.5
M. The current year's
Tax Provision is expected to grow to about (40.8
M)
TianJin 712 fundamental ratios Correlations
Click cells to compare fundamentals
TianJin 712 Account Relationship Matchups
High Positive Relationship
High Negative Relationship
TianJin 712 fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in TianJin Stock
Balance Sheet is a snapshot of the
financial position of TianJin 712 Communication at a specified time, usually calculated after every quarter, six months, or one year. TianJin 712 Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of TianJin 712 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 TianJin currently owns. An asset can also be divided into two categories, current and non-current.