CAPACITE | | | 438.10 17.10 3.76% |
Capacite Infraprojects financial indicator trend analysis is way more than just evaluating Capacite Infraprojects prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Capacite Infraprojects is a good investment. Please check the relationship between Capacite Infraprojects Net Income and its Minority Interest accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Capacite Infraprojects Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
Net Income vs Minority Interest
Net Income vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Capacite Infraprojects Net Income account and
Minority Interest. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Capacite Infraprojects' Net Income and Minority Interest is -0.52. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Capacite Infraprojects Limited, assuming nothing else is changed. The correlation between historical values of Capacite Infraprojects' Net Income 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 Net Income of Capacite Infraprojects Limited 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 Net Income i.e., Capacite Infraprojects' Net Income and Minority Interest go up and down completely randomly.
Correlation Coefficient | -0.52 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Capacite Infraprojects financial statement analysis. It represents the amount of money remaining after all of Capacite Infraprojects Limited operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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 Capacite Infraprojects Limited whose combined shares represent less than 50% of the total outstanding shares issued by Capacite Infraprojects have a minority interest in Capacite Infraprojects.
Most indicators from Capacite Infraprojects' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Capacite Infraprojects 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 Capacite Infraprojects Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
Issuance Of Capital Stock is likely to gain to about 3.4
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 194.9
M in 2024.
Capacite Infraprojects fundamental ratios Correlations
Click cells to compare fundamentals
Capacite Infraprojects Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Capacite Infraprojects fundamental ratios Accounts
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Additional Tools for Capacite Stock Analysis
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measure Capacite Infraprojects' 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 Capacite Infraprojects is operating at the current time. Most of Capacite Infraprojects' value examination focuses on studying past and present price action to
predict the probability of Capacite Infraprojects' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Capacite Infraprojects' price. Additionally, you may evaluate how the addition of Capacite Infraprojects to your portfolios can decrease your overall portfolio volatility.