Bannerman Minority Interest vs Reconciled Depreciation Analysis

BMN Stock   2.87  0.14  4.65%   
Bannerman Resources financial indicator trend analysis is way more than just evaluating Bannerman Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bannerman Resources is a good investment. Please check the relationship between Bannerman Resources Minority Interest and its Reconciled Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bannerman Resources. 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 Bannerman Resources Minority Interest account and Reconciled Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Bannerman Resources' Minority Interest and Reconciled Depreciation is -0.18. 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 Bannerman Resources, assuming nothing else is changed. The correlation between historical values of Bannerman Resources' 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 Bannerman Resources 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., Bannerman Resources' Minority Interest and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

-0.18
Relationship DirectionNegative 
Relationship StrengthInsignificant

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 Bannerman Resources whose combined shares represent less than 50% of the total outstanding shares issued by Bannerman Resources have a minority interest in Bannerman Resources.

Reconciled Depreciation

Most indicators from Bannerman Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bannerman Resources 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 Bannerman Resources. 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.
Selling General Administrative is likely to drop to about 2.4 M in 2024. Issuance Of Capital Stock is likely to drop to about 150.8 K in 2024
 2021 2022 2023 2024 (projected)
Total Revenue99K1.4M1.6M1.7M
Depreciation And Amortization32K37K13K12.4K

Bannerman Resources fundamental ratios Correlations

0.810.210.990.420.830.470.530.070.930.780.8-0.76-0.760.84-0.450.830.640.730.590.80.82-0.65-0.54-0.45-0.4
0.810.250.790.30.910.290.640.150.640.390.37-0.83-0.340.46-0.620.910.250.280.490.380.91-0.25-0.33-0.15-0.15
0.210.250.160.090.090.130.060.410.060.270.26-0.03-0.070.26-0.070.090.140.020.060.260.09-0.160.16-0.130.34
0.990.790.160.370.860.450.54-0.060.950.740.76-0.8-0.760.81-0.460.850.620.740.620.760.84-0.62-0.63-0.44-0.5
0.420.30.090.370.240.93-0.050.390.210.370.46-0.26-0.330.510.050.250.070.090.50.460.23-0.21-0.080.290.06
0.830.910.090.860.240.310.74-0.180.720.320.33-0.97-0.40.41-0.651.00.20.340.550.341.0-0.2-0.6-0.12-0.43
0.470.290.130.450.930.31-0.090.140.320.360.47-0.38-0.430.54-0.020.320.050.170.660.470.29-0.21-0.320.23-0.16
0.530.640.060.54-0.050.74-0.09-0.110.420.140.12-0.69-0.160.11-0.410.740.090.15-0.080.130.79-0.09-0.31-0.12-0.23
0.070.150.41-0.060.39-0.180.14-0.11-0.130.350.320.33-0.010.290.1-0.180.2-0.06-0.160.31-0.18-0.230.68-0.070.79
0.930.640.060.950.210.720.320.42-0.130.790.8-0.67-0.840.84-0.410.720.770.880.580.810.7-0.73-0.67-0.63-0.59
0.780.390.270.740.370.320.360.140.350.790.99-0.21-0.860.97-0.070.310.910.890.290.990.31-0.94-0.24-0.7-0.19
0.80.370.260.760.460.330.470.120.320.80.99-0.25-0.880.99-0.050.330.880.880.391.00.32-0.91-0.29-0.64-0.22
-0.76-0.83-0.03-0.8-0.26-0.97-0.38-0.690.33-0.67-0.21-0.250.4-0.330.65-0.97-0.07-0.28-0.58-0.25-0.970.120.730.040.55
-0.76-0.34-0.07-0.76-0.33-0.4-0.43-0.16-0.01-0.84-0.86-0.880.4-0.870.18-0.4-0.75-0.9-0.41-0.88-0.380.910.590.740.53
0.840.460.260.810.510.410.540.110.290.840.970.99-0.33-0.87-0.110.410.840.860.520.990.39-0.86-0.34-0.6-0.25
-0.45-0.62-0.07-0.460.05-0.65-0.02-0.410.1-0.41-0.07-0.050.650.18-0.11-0.65-0.05-0.16-0.32-0.06-0.640.040.480.070.19
0.830.910.090.850.251.00.320.74-0.180.720.310.33-0.97-0.40.41-0.650.190.330.550.331.0-0.19-0.6-0.11-0.43
0.640.250.140.620.070.20.050.090.20.770.910.88-0.07-0.750.84-0.050.190.930.180.880.18-0.9-0.22-0.78-0.24
0.730.280.020.740.090.340.170.15-0.060.880.890.88-0.28-0.90.86-0.160.330.930.320.880.32-0.91-0.51-0.81-0.52
0.590.490.060.620.50.550.66-0.08-0.160.580.290.39-0.58-0.410.52-0.320.550.180.320.390.5-0.14-0.530.01-0.38
0.80.380.260.760.460.340.470.130.310.810.991.0-0.25-0.880.99-0.060.330.880.880.390.33-0.91-0.29-0.64-0.22
0.820.910.090.840.231.00.290.79-0.180.70.310.32-0.97-0.380.39-0.641.00.180.320.50.33-0.19-0.59-0.11-0.42
-0.65-0.25-0.16-0.62-0.21-0.2-0.21-0.09-0.23-0.73-0.94-0.910.120.91-0.860.04-0.19-0.9-0.91-0.14-0.91-0.190.310.830.31
-0.54-0.330.16-0.63-0.08-0.6-0.32-0.310.68-0.67-0.24-0.290.730.59-0.340.48-0.6-0.22-0.51-0.53-0.29-0.590.310.240.9
-0.45-0.15-0.13-0.440.29-0.120.23-0.12-0.07-0.63-0.7-0.640.040.74-0.60.07-0.11-0.78-0.810.01-0.64-0.110.830.240.29
-0.4-0.150.34-0.50.06-0.43-0.16-0.230.79-0.59-0.19-0.220.550.53-0.250.19-0.43-0.24-0.52-0.38-0.22-0.420.310.90.29
Click cells to compare fundamentals

Bannerman Resources Account Relationship Matchups

Bannerman Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets52.3M67.0M119.8M113.0M107.8M72.9M
Other Current Liab185K243K1.4M1.5M531K416.6K
Total Current Liabilities284K304K1.7M1.9M1.4M1.4M
Total Stockholder Equity51.7M66.4M117.9M111.1M106.7M68.6M
Accounts Payable53K45K219K389K792K831.6K
Cash4.2M12.5M51.9M42.6M24.0M15.1M
Net Receivables41K31K103K358K685K719.3K
Other Current Assets44K31K7.4M419K234K222.3K
Total Liab547K599K2.0M2.3M2.1M3.3M
Common Stock141.2M152.4M208.8M210.6M211.9M125.5M
Property Plant Equipment48.0M54.4M60.4M60.4M69.4M53.2M
Property Plant And Equipment Net48.0M54.4M60.4M60.4M79.0M57.7M
Net Debt(4.1M)(12.4M)(51.9M)(42.6M)(24.0M)(22.8M)
Retained Earnings(110.5M)(112.8M)(116.2M)(120.8M)(130.4M)(136.9M)
Non Current Assets Total48.0M54.4M60.4M69.6M82.8M60.0M
Non Currrent Assets Other(48.0M)(54.4M)(60.4M)(69.6M)22K23.1K
Cash And Short Term Investments4.2M12.5M51.9M42.6M24.1M15.8M
Common Stock Shares Outstanding103.7M105.2M111.0M150.1M151.8M119.7M
Liabilities And Stockholders Equity52.3M67.0M119.8M113.0M107.8M76.6M
Property Plant And Equipment Gross48.0M54.9M60.7M60.6M79.2M57.8M
Total Current Assets4.3M12.5M59.4M43.4M25.0M16.6M
Accumulated Other Comprehensive Income21.0M26.7M25.4M21.3M25.1M24.3M
Non Current Liabilities Total263K295K298K317.0K692K657.4K
Net Tangible Assets51.7M66.4M117.9M111.1M127.8M75.7M
Other Stockholder Equity(30.7M)(39.7M)(92.6M)(89.8M)(80.8M)(76.8M)
Other Liab263K295K298K317K285.3K280.3K
Net Invested Capital51.7M66.4M117.9M111.1M106.7M87.8M
Net Working Capital4.0M12.2M57.8M41.4M23.6M21.5M
Short Term Investments3.5M11.1M44.9M40.9M38K36.1K
Capital Stock141.2M152.4M208.8M210.6M211.9M195.5M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Bannerman Stock Analysis

When running Bannerman Resources' price analysis, check to measure Bannerman Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bannerman Resources is operating at the current time. Most of Bannerman Resources' value examination focuses on studying past and present price action to predict the probability of Bannerman Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bannerman Resources' price. Additionally, you may evaluate how the addition of Bannerman Resources to your portfolios can decrease your overall portfolio volatility.