Bombay Minority Interest vs Reconciled Depreciation Analysis

BBTC Stock   2,406  81.20  3.26%   
Bombay Burmah financial indicator trend analysis is way more than just evaluating Bombay Burmah Trading prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bombay Burmah Trading is a good investment. Please check the relationship between Bombay Burmah Minority Interest and its Reconciled Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bombay Burmah Trading. 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 Reconciled Depreciation

Minority Interest vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bombay Burmah Trading Minority Interest account and Reconciled Depreciation. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Bombay Burmah's Minority Interest and Reconciled Depreciation is -0.59. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Bombay Burmah Trading, assuming nothing else is changed. The correlation between historical values of Bombay Burmah's Minority Interest and Reconciled Depreciation 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 Bombay Burmah Trading are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Minority Interest i.e., Bombay Burmah's Minority Interest and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

-0.59
Relationship DirectionNegative 
Relationship StrengthVery 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 Bombay Burmah Trading whose combined shares represent less than 50% of the total outstanding shares issued by Bombay Burmah have a minority interest in Bombay Burmah.

Reconciled Depreciation

Most indicators from Bombay Burmah's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bombay Burmah Trading 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 Bombay Burmah Trading. 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.
Discontinued Operations is likely to gain to about 2.9 B in 2024, whereas Selling General Administrative is likely to drop slightly above 301.9 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense2.5B4.2B3.6B3.8B
Depreciation And Amortization2.1B2.4B3.1B3.3B

Bombay Burmah fundamental ratios Correlations

0.810.530.950.950.940.790.620.94-0.410.650.69-0.090.760.960.71-0.210.920.96-0.090.080.60.230.60.890.93
0.810.640.890.60.741.00.60.57-0.710.780.39-0.010.940.810.970.130.960.93-0.01-0.060.760.560.780.590.67
0.530.640.640.360.580.60.790.35-0.520.73-0.06-0.460.630.60.620.510.670.62-0.460.090.630.190.20.30.55
0.950.890.640.820.950.860.70.82-0.590.780.51-0.110.80.960.80.030.970.97-0.11-0.030.740.40.660.750.9
0.950.60.360.820.870.580.510.98-0.180.470.77-0.080.570.870.49-0.430.760.83-0.080.130.41-0.010.440.940.89
0.940.740.580.950.870.710.680.9-0.470.720.53-0.230.650.950.63-0.040.870.89-0.230.090.660.270.450.760.96
0.791.00.60.860.580.710.550.54-0.720.770.410.020.940.780.970.10.940.910.02-0.050.760.560.80.570.64
0.620.60.790.70.510.680.550.51-0.380.66-0.03-0.680.60.690.560.450.690.65-0.680.320.480.370.160.540.73
0.940.570.350.820.980.90.540.51-0.190.460.73-0.130.520.870.44-0.420.740.79-0.130.130.40.010.390.910.9
-0.41-0.71-0.52-0.59-0.18-0.47-0.72-0.38-0.19-0.78-0.030.03-0.54-0.45-0.64-0.29-0.6-0.550.030.18-0.81-0.49-0.61-0.06-0.35
0.650.780.730.780.470.720.770.660.46-0.780.21-0.290.580.650.670.340.740.75-0.290.10.970.340.520.350.71
0.690.39-0.060.510.770.530.41-0.030.73-0.030.210.340.340.580.28-0.690.470.590.340.140.25-0.130.550.740.54
-0.09-0.01-0.46-0.11-0.08-0.230.02-0.68-0.130.03-0.290.34-0.03-0.130.01-0.43-0.08-0.041.0-0.71-0.1-0.130.44-0.16-0.33
0.760.940.630.80.570.650.940.60.52-0.540.580.34-0.030.780.970.110.920.88-0.03-0.030.530.570.690.620.57
0.960.810.60.960.870.950.780.690.87-0.450.650.58-0.130.780.73-0.040.940.95-0.130.070.580.350.580.830.9
0.710.970.620.80.490.630.970.560.44-0.640.670.280.010.970.730.20.910.870.01-0.10.650.610.740.520.56
-0.210.130.510.03-0.43-0.040.10.45-0.42-0.290.34-0.69-0.430.11-0.040.20.06-0.03-0.430.060.260.46-0.16-0.4-0.06
0.920.960.670.970.760.870.940.690.74-0.60.740.47-0.080.920.940.910.060.98-0.08-0.030.690.490.710.730.81
0.960.930.620.970.830.890.910.650.79-0.550.750.59-0.040.880.950.87-0.030.98-0.040.020.710.390.720.790.86
-0.09-0.01-0.46-0.11-0.08-0.230.02-0.68-0.130.03-0.290.341.0-0.03-0.130.01-0.43-0.08-0.04-0.71-0.1-0.130.44-0.16-0.33
0.08-0.060.09-0.030.130.09-0.050.320.130.180.10.14-0.71-0.030.07-0.10.06-0.030.02-0.71-0.060.06-0.240.290.21
0.60.760.630.740.410.660.760.480.4-0.810.970.25-0.10.530.580.650.260.690.71-0.1-0.060.280.580.270.63
0.230.560.190.4-0.010.270.560.370.01-0.490.34-0.13-0.130.570.350.610.460.490.39-0.130.060.280.440.110.17
0.60.780.20.660.440.450.80.160.39-0.610.520.550.440.690.580.74-0.160.710.720.44-0.240.580.440.470.4
0.890.590.30.750.940.760.570.540.91-0.060.350.74-0.160.620.830.52-0.40.730.79-0.160.290.270.110.470.83
0.930.670.550.90.890.960.640.730.9-0.350.710.54-0.330.570.90.56-0.060.810.86-0.330.210.630.170.40.83
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Bombay Burmah Account Relationship Matchups

Bombay Burmah fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets113.6B124.4B153.1B138.2B119.6B72.7B
Short Long Term Debt Total20.5B26.7B58.8B65.4B21.6B18.5B
Other Current Liab695.4M8.8B10.5B16.3B12.4B13.0B
Total Current Liabilities31.6B38.9B48.1B54.3B42.7B22.4B
Total Stockholder Equity50.9B54.8B55.0B40.3B46.8B28.5B
Property Plant And Equipment Net19.2B19.8B23.5B26.8B28.9B15.1B
Net Debt18.7B20.7B52.8B60.0B14.1B15.5B
Cash1.8B6.0B6.0B5.4B7.5B7.8B
Non Current Assets Total72.1B64.4B66.2B51.1B67.4B39.4B
Non Currrent Assets Other3.2B2.0B2.0B(16.0B)1.8B2.9B
Cash And Short Term Investments13.2B20.9B14.9B62.6B25.6B26.9B
Net Receivables19.9B16.9B16.6B14.3B4.6B4.4B
Liabilities And Stockholders Equity113.6B124.4B153.1B138.2B119.6B72.7B
Non Current Liabilities Total8.9B12.8B37.1B25.7B10.5B11.3B
Inventory8.4B11.8B14.4B12.7B12.4B7.3B
Other Current Assets1K10.3B53.7B47.6B9.6B7.5B
Other Stockholder Equity(33.0B)954.3M954.2M24.7B24.4B25.6B
Total Liab40.5B51.7B85.1B80.0B53.1B33.7B
Total Current Assets41.4B59.9B86.9B87.0B52.3B33.3B
Accumulated Other Comprehensive Income(8.0B)23.7B18.9B20.3B23.5B24.6B
Good Will10.2B10.2B10.2B10.1B10.1B11.2B
Short Term Investments11.4B14.8B8.9B57.1B18.2B12.8B
Intangible Assets97.4M107.1M177.5M161.2M126.2M139.9M
Current Deferred Revenue6.6B9.3B11.8B14.6B430.4M408.9M
Retained Earnings26.3B30.0B35.0B19.0B22.2B22.1B
Accounts Payable11.5B13.5B13.2B14.7B16.6B11.4B
Short Term Debt12.7B15.3B23.1B22.5B12.3B10.7B
Other Liab1.1B1.3B1.3B2.0B2.2B2.4B
Net Tangible Assets40.6B44.5B44.6B30.1B34.6B29.2B
Other Assets3.7B3.0B3.4B745.9M(17K)(16.2K)
Long Term Debt7.7B11.3B35.6B42.7B9.1B13.6B
Short Long Term Debt12.7B15.2B20.7B22.5B12.2B10.6B
Property Plant Equipment18.9B18.9B22.7B26.8B30.8B17.7B
Long Term Debt Total7.7B11.3B35.7B42.9B49.3B51.8B
Capital Lease Obligations135.8M225.6M201.7M188.7M273.4M144.5M
Cash And Equivalents158.5M151.6M766.5M442.4M508.7M293.8M
Net Invested Capital71.3B54.8B111.3B105.6B68.1B81.4B

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