JuneYao Interest Expense vs Minority Interest Analysis

605388 Stock   7.45  0.30  4.20%   
JuneYao Dairy financial indicator trend analysis is infinitely more than just investigating JuneYao Dairy recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JuneYao Dairy is a good investment. Please check the relationship between JuneYao Dairy Interest Expense and its Minority Interest accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in JuneYao Dairy 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.

Interest Expense vs Minority Interest

Interest Expense vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JuneYao Dairy Interest Expense account and Minority Interest. At this time, the significance of the direction appears to have very week relationship.
The correlation between JuneYao Dairy's Interest Expense and Minority Interest is 0.22. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Minority Interest in the same time period over historical financial statements of JuneYao Dairy Co, assuming nothing else is changed. The correlation between historical values of JuneYao Dairy's Interest Expense 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 Interest Expense of JuneYao Dairy 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 Interest Expense i.e., JuneYao Dairy's Interest Expense and Minority Interest go up and down completely randomly.

Correlation Coefficient

0.22
Relationship DirectionPositive 
Relationship StrengthVery Weak

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

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 JuneYao Dairy Co whose combined shares represent less than 50% of the total outstanding shares issued by JuneYao Dairy have a minority interest in JuneYao Dairy.
Most indicators from JuneYao Dairy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JuneYao Dairy 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 JuneYao Dairy 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 307.8 M, whereas Tax Provision is forecasted to decline to about 18.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit371.1M351.5M399.2M391.2M
Total Revenue913.6M986.1M1.6B1.3B

JuneYao Dairy fundamental ratios Correlations

-0.83-0.440.990.8-0.730.950.780.710.80.790.950.620.740.070.94-0.330.920.770.910.660.670.940.890.51-0.77
-0.830.47-0.84-0.810.64-0.86-0.69-0.66-0.81-0.69-0.91-0.77-0.81-0.04-0.820.35-0.77-0.9-0.91-0.37-0.68-0.76-0.83-0.270.71
-0.440.47-0.53-0.020.77-0.59-0.04-0.77-0.01-0.78-0.450.150.050.41-0.320.99-0.69-0.1-0.64-0.110.15-0.34-0.16-0.73-0.08
0.99-0.84-0.530.76-0.780.970.740.760.750.840.940.560.690.010.92-0.420.950.730.930.640.620.920.860.57-0.72
0.8-0.81-0.020.76-0.310.690.770.361.00.40.780.930.980.420.880.10.570.960.70.60.930.830.910.05-0.98
-0.730.640.77-0.78-0.31-0.88-0.53-0.98-0.29-0.91-0.77-0.11-0.250.51-0.550.72-0.89-0.37-0.82-0.26-0.1-0.55-0.42-0.640.22
0.95-0.86-0.590.970.69-0.880.780.870.690.860.960.510.65-0.150.84-0.490.950.70.960.550.540.820.760.52-0.63
0.78-0.69-0.040.740.77-0.530.780.510.780.40.830.640.810.160.670.060.580.710.740.650.760.620.66-0.05-0.79
0.71-0.66-0.770.760.36-0.980.870.510.340.920.740.170.31-0.510.58-0.730.890.420.80.280.160.570.430.63-0.27
0.8-0.81-0.010.751.0-0.290.690.780.340.390.770.940.990.420.880.110.570.950.690.640.960.830.910.04-0.98
0.79-0.69-0.780.840.4-0.910.860.40.920.390.750.250.32-0.450.72-0.720.960.470.780.280.190.730.60.83-0.3
0.95-0.91-0.450.940.78-0.770.960.830.740.770.750.640.75-0.020.84-0.330.860.80.960.510.640.80.820.34-0.72
0.62-0.770.150.560.93-0.110.510.640.170.940.250.640.950.390.760.260.390.960.530.380.90.680.85-0.11-0.89
0.74-0.810.050.690.98-0.250.650.810.310.990.320.750.950.40.820.170.50.950.660.610.970.750.86-0.08-0.97
0.07-0.040.410.010.420.51-0.150.16-0.510.42-0.45-0.020.390.40.170.47-0.270.29-0.020.370.510.170.27-0.41-0.51
0.94-0.82-0.320.920.88-0.550.840.670.580.880.720.840.760.820.17-0.210.840.850.780.640.770.990.960.5-0.85
-0.330.350.99-0.420.10.72-0.490.06-0.730.11-0.72-0.330.260.170.47-0.21-0.610.02-0.53-0.050.26-0.24-0.03-0.72-0.19
0.92-0.77-0.690.950.57-0.890.950.580.890.570.960.860.390.5-0.270.84-0.610.590.870.490.40.850.730.75-0.51
0.77-0.9-0.10.730.96-0.370.70.710.420.950.470.80.960.950.290.850.020.590.730.40.850.780.90.06-0.88
0.91-0.91-0.640.930.7-0.820.960.740.80.690.780.960.530.66-0.020.78-0.530.870.730.50.550.760.740.41-0.62
0.66-0.37-0.110.640.6-0.260.550.650.280.640.280.510.380.610.370.64-0.050.490.40.50.720.670.540.2-0.72
0.67-0.680.150.620.93-0.10.540.760.160.960.190.640.90.970.510.770.260.40.850.550.720.720.81-0.12-0.97
0.94-0.76-0.340.920.83-0.550.820.620.570.830.730.80.680.750.170.99-0.240.850.780.760.670.720.940.57-0.81
0.89-0.83-0.160.860.91-0.420.760.660.430.910.60.820.850.860.270.96-0.030.730.90.740.540.810.940.35-0.87
0.51-0.27-0.730.570.05-0.640.52-0.050.630.040.830.34-0.11-0.08-0.410.5-0.720.750.060.410.2-0.120.570.350.0
-0.770.71-0.08-0.72-0.980.22-0.63-0.79-0.27-0.98-0.3-0.72-0.89-0.97-0.51-0.85-0.19-0.51-0.88-0.62-0.72-0.97-0.81-0.870.0
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JuneYao Dairy Account Relationship Matchups

JuneYao Dairy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B2.2B2.3B2.4B2.5B1.8B
Other Current Liab209.9M156.6M214.7M221.6M27.9M26.5M
Total Current Liabilities389.6M228.4M331.9M433.9M509.2M415.8M
Total Stockholder Equity941.5M1.9B1.9B1.9B1.9B1.4B
Property Plant And Equipment Net144.2M140.8M470.5M641.2M814.0M854.7M
Net Debt(1.1B)(1.0B)(1.1B)(667.1M)(600.4M)(630.4M)
Retained Earnings470.6M554.6M549.5M518.3M525.0M414.0M
Accounts Payable179.7M71.8M116.0M207.9M193.2M135.9M
Cash1.1B1.0B1.1B679.6M499.1M831.9M
Non Current Assets Total200.3M261.2M628.4M1.1B1.3B1.4B
Cash And Short Term Investments1.1B1.9B1.5B720.0M827.9M1.1B
Common Stock Shares Outstanding360.2M381.8M432.3M430M602M387.6M
Liabilities And Stockholders Equity1.3B2.2B2.3B2.4B2.7B1.7B
Non Current Liabilities Total12.5M12.1M17.7M29.7M60.7M63.7M
Inventory64.2M40.5M77.3M172.4M206.5M216.9M
Other Current Assets13.9M14.0M32.9M50.0M48.2M35.5M
Other Stockholder Equity110.9M946.2M959.7M972.9M1.1B1.2B
Total Liab402.1M240.5M349.7M463.6M569.9M438.8M
Total Current Assets1.1B1.9B1.7B1.3B1.2B1.3B
Intangible Assets49.5M45.4M84.7M80.5M171.4M180.0M
Non Currrent Assets Other3.5M71.9M52.6M310.7M54.1M78.6M

Currently Active Assets on Macroaxis

Other Information on Investing in JuneYao Stock

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