EUDA Minority Interest vs Total Operating Expenses Analysis

EUDAW Stock   0.09  0.01  5.26%   
EUDA Health financial indicator trend analysis is much more than just examining EUDA Health Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EUDA Health Holdings is a good investment. Please check the relationship between EUDA Health Minority Interest and its Total Operating Expenses accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EUDA Health Holdings. 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 Total Operating Expenses

Minority Interest vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EUDA Health Holdings Minority Interest account and Total Operating Expenses. At this time, the significance of the direction appears to have almost identical trend.
The correlation between EUDA Health's Minority Interest and Total Operating Expenses is 0.92. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of EUDA Health Holdings, assuming nothing else is changed. The correlation between historical values of EUDA Health's Minority Interest and Total Operating Expenses 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 EUDA Health Holdings are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Minority Interest i.e., EUDA Health's Minority Interest and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

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

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from EUDA Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EUDA Health Holdings 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 EUDA Health Holdings. 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, EUDA Health's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 1.21 in 2024, whereas Tax Provision is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense127.1K120.1K23.2K22.1K
Depreciation And Amortization264.1K256.3K111.2K183.4K

EUDA Health fundamental ratios Correlations

0.440.820.80.09-0.490.44-0.090.35-0.42-0.09-0.42-0.12-0.25-0.62-0.65-0.060.250.94-0.380.80.39-0.10.450.990.11
0.440.80.82-0.840.451.0-0.92-0.6-0.83-0.7-0.83-0.74-0.96-0.2-0.880.770.760.70.650.82-0.640.531.00.520.92
0.820.81.0-0.46-0.10.81-0.61-0.18-0.78-0.49-0.78-0.53-0.73-0.54-0.940.330.60.950.11.0-0.160.270.810.870.63
0.80.821.0-0.49-0.040.83-0.64-0.19-0.82-0.48-0.82-0.52-0.75-0.56-0.960.390.650.940.141.0-0.20.330.830.850.66
0.09-0.84-0.46-0.49-0.75-0.840.980.860.740.720.740.740.94-0.050.65-0.86-0.74-0.24-0.91-0.490.95-0.7-0.83-0.01-0.98
-0.490.45-0.1-0.04-0.750.45-0.68-0.59-0.47-0.19-0.47-0.21-0.580.09-0.230.90.66-0.270.94-0.04-0.860.810.43-0.460.66
0.441.00.810.83-0.840.45-0.92-0.59-0.84-0.69-0.84-0.72-0.96-0.22-0.890.770.770.70.650.83-0.640.541.00.520.91
-0.09-0.92-0.61-0.640.98-0.68-0.920.770.840.690.840.720.990.10.78-0.87-0.82-0.41-0.84-0.640.88-0.71-0.91-0.18-1.0
0.35-0.6-0.18-0.190.86-0.59-0.590.770.330.870.330.860.69-0.520.29-0.56-0.30.03-0.81-0.190.89-0.31-0.590.23-0.76
-0.42-0.83-0.78-0.820.74-0.47-0.840.840.330.321.00.370.890.620.95-0.76-0.96-0.62-0.52-0.820.56-0.81-0.82-0.45-0.86
-0.09-0.7-0.49-0.480.72-0.19-0.690.690.870.320.321.00.68-0.430.44-0.33-0.18-0.37-0.52-0.480.62-0.01-0.71-0.22-0.68
-0.42-0.83-0.78-0.820.74-0.47-0.840.840.331.00.320.370.890.620.95-0.76-0.96-0.62-0.52-0.820.56-0.81-0.82-0.45-0.86
-0.12-0.74-0.53-0.520.74-0.21-0.720.720.860.371.00.370.71-0.390.49-0.37-0.23-0.4-0.54-0.520.63-0.05-0.74-0.25-0.71
-0.25-0.96-0.73-0.750.94-0.58-0.960.990.690.890.680.890.710.210.87-0.83-0.84-0.55-0.75-0.750.79-0.69-0.95-0.33-0.99
-0.62-0.2-0.54-0.56-0.050.09-0.220.1-0.520.62-0.430.62-0.390.210.6-0.18-0.59-0.540.23-0.56-0.23-0.48-0.2-0.55-0.14
-0.65-0.88-0.94-0.960.65-0.23-0.890.780.290.950.440.950.490.870.6-0.61-0.83-0.83-0.35-0.960.4-0.59-0.88-0.69-0.8
-0.060.770.330.39-0.860.90.77-0.87-0.56-0.76-0.33-0.76-0.37-0.83-0.18-0.610.880.190.90.39-0.820.870.75-0.020.86
0.250.760.60.65-0.740.660.77-0.82-0.3-0.96-0.18-0.96-0.23-0.84-0.59-0.830.880.440.640.65-0.620.930.750.260.83
0.940.70.950.94-0.24-0.270.7-0.410.03-0.62-0.37-0.62-0.4-0.55-0.54-0.830.190.44-0.090.940.080.080.710.970.42
-0.380.650.10.14-0.910.940.65-0.84-0.81-0.52-0.52-0.52-0.54-0.750.23-0.350.90.64-0.090.14-0.960.70.63-0.310.82
0.80.821.01.0-0.49-0.040.83-0.64-0.19-0.82-0.48-0.82-0.52-0.75-0.56-0.960.390.650.940.14-0.20.330.830.850.66
0.39-0.64-0.16-0.20.95-0.86-0.640.880.890.560.620.560.630.79-0.230.4-0.82-0.620.08-0.96-0.2-0.69-0.630.31-0.87
-0.10.530.270.33-0.70.810.54-0.71-0.31-0.81-0.01-0.81-0.05-0.69-0.48-0.590.870.930.080.70.33-0.690.51-0.10.72
0.451.00.810.83-0.830.431.0-0.91-0.59-0.82-0.71-0.82-0.74-0.95-0.2-0.880.750.750.710.630.83-0.630.510.530.91
0.990.520.870.85-0.01-0.460.52-0.180.23-0.45-0.22-0.45-0.25-0.33-0.55-0.69-0.020.260.97-0.310.850.31-0.10.530.2
0.110.920.630.66-0.980.660.91-1.0-0.76-0.86-0.68-0.86-0.71-0.99-0.14-0.80.860.830.420.820.66-0.870.720.910.2
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EUDA Health Account Relationship Matchups

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