EBay Minority Interest vs Income Tax Expense Analysis

EBAY Stock  USD 63.29  0.75  1.17%   
EBay financial indicator trend analysis is much more than just examining eBay Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether eBay Inc is a good investment. Please check the relationship between EBay Minority Interest and its Income Tax Expense accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in eBay Inc. 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.

Minority Interest vs Income Tax Expense

Minority Interest vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of eBay Inc Minority Interest account and Income Tax Expense. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between EBay's Minority Interest and Income Tax Expense is -0.1. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of eBay Inc, assuming nothing else is changed. The correlation between historical values of EBay's Minority Interest and Income Tax Expense 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 eBay Inc are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Minority Interest i.e., EBay's Minority Interest and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

-0.1
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 eBay Inc whose combined shares represent less than 50% of the total outstanding shares issued by EBay have a minority interest in EBay.

Income Tax Expense

Most indicators from EBay's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into eBay Inc 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in eBay Inc. 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.
At this time, EBay's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 978.6 M in 2024, whereas Discontinued Operations is likely to drop slightly above 5.5 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit7.8B7.1B7.3B6.1B
Total Revenue10.4B9.8B10.1B8.2B

EBay fundamental ratios Correlations

0.180.880.920.890.91-0.330.170.780.850.860.040.850.85-0.580.030.290.320.810.150.940.080.620.620.590.21
0.18-0.17-0.06-0.240.240.810.430.56-0.210.510.290.3-0.3-0.650.910.49-0.50.670.04-0.070.680.69-0.520.760.46
0.88-0.170.990.860.82-0.60.00.530.890.55-0.060.670.98-0.24-0.30.20.450.610.150.96-0.220.280.670.26-0.02
0.92-0.060.990.860.85-0.520.070.580.890.63-0.050.720.96-0.32-0.210.210.390.690.160.97-0.080.360.640.340.04
0.89-0.240.860.860.75-0.650.00.530.910.65-0.110.730.9-0.34-0.350.020.530.460.140.92-0.150.350.840.280.08
0.910.240.820.850.75-0.250.210.810.770.780.230.740.77-0.70.110.440.210.820.210.850.020.730.570.710.13
-0.330.81-0.6-0.52-0.65-0.250.460.08-0.660.060.26-0.17-0.72-0.350.90.3-0.730.190.13-0.540.580.34-0.850.40.49
0.170.430.00.070.00.210.460.15-0.010.230.40.39-0.11-0.550.560.14-0.850.340.680.10.430.49-0.20.50.79
0.780.560.530.580.530.810.080.150.560.820.230.730.45-0.820.420.510.140.840.10.630.20.870.290.850.28
0.85-0.210.890.890.910.77-0.66-0.010.560.56-0.030.710.9-0.34-0.310.080.490.50.180.92-0.150.350.830.29-0.02
0.860.510.550.630.650.780.060.230.820.560.160.670.49-0.750.40.40.130.850.030.630.390.780.360.740.24
0.040.29-0.06-0.05-0.110.230.260.40.23-0.030.16-0.01-0.14-0.460.390.75-0.40.220.03-0.04-0.050.41-0.060.370.06
0.850.30.670.720.730.74-0.170.390.730.710.67-0.010.64-0.610.120.130.050.720.340.830.20.670.450.680.54
0.85-0.30.980.960.90.77-0.72-0.110.450.90.49-0.140.64-0.15-0.440.080.560.50.080.95-0.280.180.760.16-0.1
-0.58-0.65-0.24-0.32-0.34-0.7-0.35-0.55-0.82-0.34-0.75-0.46-0.61-0.15-0.65-0.50.3-0.71-0.39-0.38-0.4-0.99-0.14-0.94-0.53
0.030.91-0.3-0.21-0.350.110.90.560.42-0.310.40.390.12-0.44-0.650.48-0.670.510.24-0.220.570.65-0.60.680.54
0.290.490.20.210.020.440.30.140.510.080.40.750.130.08-0.50.48-0.130.55-0.050.17-0.040.52-0.130.530.0
0.32-0.50.450.390.530.21-0.73-0.850.140.490.13-0.40.050.560.3-0.67-0.13-0.06-0.50.39-0.44-0.240.61-0.28-0.62
0.810.670.610.690.460.820.190.340.840.50.850.220.720.5-0.710.510.55-0.060.120.660.360.770.120.80.3
0.150.040.150.160.140.210.130.680.10.180.030.030.340.08-0.390.24-0.05-0.50.120.210.010.320.010.320.68
0.94-0.070.960.970.920.85-0.540.10.630.920.63-0.040.830.95-0.38-0.220.170.390.660.21-0.130.420.690.410.15
0.080.68-0.22-0.08-0.150.020.580.430.2-0.150.39-0.050.2-0.28-0.40.57-0.04-0.440.360.01-0.130.39-0.310.40.35
0.620.690.280.360.350.730.340.490.870.350.780.410.670.18-0.990.650.52-0.240.770.320.420.390.140.980.5
0.62-0.520.670.640.840.57-0.85-0.20.290.830.36-0.060.450.76-0.14-0.6-0.130.610.120.010.69-0.310.140.04-0.28
0.590.760.260.340.280.710.40.50.850.290.740.370.680.16-0.940.680.53-0.280.80.320.410.40.980.040.53
0.210.46-0.020.040.080.130.490.790.28-0.020.240.060.54-0.1-0.530.540.0-0.620.30.680.150.350.5-0.280.53
Click cells to compare fundamentals

EBay Account Relationship Matchups

EBay fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets17.7B19.3B26.6B20.9B21.6B19.0B
Short Long Term Debt Total8.2B8.1B9.3B9.3B8.2B4.8B
Other Current Liab2.4B3.4B2.4B2.5B3.1B3.3B
Total Current Liabilities3.8B4.0B4.6B4.3B4.5B4.3B
Total Stockholder Equity2.7B3.6B9.8B5.2B6.4B9.5B
Property Plant And Equipment Net2.1B1.9B1.5B1.8B1.7B1.4B
Net Debt7.3B6.7B7.9B7.1B6.2B6.6B
Retained Earnings17.6B23.0B36.1B34.3B36.5B38.4B
Accounts Payable251M278M262M261M267M201.8M
Cash923M1.4B1.4B2.2B2.0B2.6B
Non Current Assets Total13.2B12.1B17.5B11.6B10.6B10.6B
Non Currrent Assets Other414M1.2B583M581M265M479.6M
Cash And Short Term Investments2.8B3.8B7.3B7.5B9.0B4.9B
Net Receivables691M652M779M975M1.2B1.1B
Common Stock Shares Outstanding856M718M652M558M533M506.4M
Liabilities And Stockholders Equity17.7B19.3B26.6B20.9B21.6B19.0B
Non Current Liabilities Total11.2B11.7B12.2B11.4B10.7B11.2B
Other Current Assets1.1B3.0B1.0B966M795M854.6M
Other Stockholder Equity(15.3B)(20.0B)(26.7B)(29.4B)(30.3B)(28.8B)
Total Liab15.0B15.7B16.8B15.7B15.2B9.5B
Property Plant And Equipment Gross2.1B1.9B1.5B1.8B6.9B7.3B
Total Current Assets4.6B7.2B9.1B9.3B11.0B8.4B
Accumulated Other Comprehensive Income387M616M398M259M185M175.8M
Short Term Debt1.0B160M1.5B1.3B868M623.1M
Intangible Assets62M12M8M115M114M108.3M
Short Term Investments1.9B2.4B5.9B5.3B7.0B7.4B
Other Liab4.0B3.6B4.3B3.3B3.8B4.0B
Other Assets5.6B6.1B3.8B3.6B4.2B4.4B
Long Term Debt6.7B7.7B7.7B7.7B7.0B4.7B
Good Will4.9B4.7B4.2B4.3B4.3B5.8B
Property Plant Equipment2.0B1.4B1.5B1.2B1.4B1.5B
Treasury Stock(31.4B)(36.5B)(43.4B)(46.7B)(42.0B)(39.9B)
Net Tangible Assets(1.7B)3.5B5.6B891M801.9M761.8M
Long Term Debt Total6.7B7.7B7.7B7.7B8.9B7.1B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for EBay Stock Analysis

When running EBay's price analysis, check to measure EBay's 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 EBay is operating at the current time. Most of EBay's value examination focuses on studying past and present price action to predict the probability of EBay's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EBay's price. Additionally, you may evaluate how the addition of EBay to your portfolios can decrease your overall portfolio volatility.