Huntsman Selling General Administrative vs Minority Interest Analysis
HUN Stock | USD 18.26 0.38 2.13% |
Huntsman financial indicator trend analysis is much more than just examining Huntsman latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Huntsman is a good investment. Please check the relationship between Huntsman Selling General Administrative and its Minority Interest accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Huntsman. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. To learn how to invest in Huntsman Stock, please use our How to Invest in Huntsman guide.
Selling General Administrative vs Minority Interest
Selling General Administrative vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Huntsman Selling General Administrative account and Minority Interest. At this time, the significance of the direction appears to have no relationship.
The correlation between Huntsman's Selling General Administrative and Minority Interest is 0.05. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Huntsman, assuming nothing else is changed. The correlation between historical values of Huntsman's Selling General Administrative 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 Selling General Administrative of Huntsman 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 Selling General Administrative i.e., Huntsman's Selling General Administrative and Minority Interest go up and down completely randomly.
Correlation Coefficient | 0.05 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Selling General Administrative
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 Huntsman whose combined shares represent less than 50% of the total outstanding shares issued by Huntsman have a minority interest in Huntsman.Most indicators from Huntsman's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Huntsman 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Huntsman. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. To learn how to invest in Huntsman Stock, please use our How to Invest in Huntsman guide.At this time, Huntsman's Selling General Administrative is very stable compared to the past year. As of the 22nd of December 2024, Tax Provision is likely to grow to about 94.7 M, while Discontinued Operations is likely to drop about 13.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 6.7B | 6.5B | 5.2B | 5.9B | EBITDA | 1.6B | 1.1B | 442M | 419.9M |
Huntsman fundamental ratios Correlations
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Huntsman Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Huntsman fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 8.3B | 8.7B | 9.4B | 8.2B | 7.2B | 8.9B | |
Common Stock Shares Outstanding | 230.6M | 221.9M | 221.4M | 203M | 177.4M | 240.6M | |
Liabilities And Stockholders Equity | 8.3B | 8.7B | 9.4B | 8.2B | 7.2B | 8.9B | |
Total Stockholder Equity | 2.7B | 3.5B | 4.4B | 3.6B | 3.3B | 2.0B | |
Short Long Term Debt Total | 2.4B | 2.1B | 1.6B | 1.7B | 2.1B | 2.8B | |
Other Current Liab | 974M | 329M | 674M | 511M | 233M | 221.4M | |
Total Current Liabilities | 2.0B | 2.0B | 2.1B | 1.7B | 1.2B | 2.1B | |
Other Liab | 927M | 2.2B | 1.2B | 672M | 772.8M | 1.2B | |
Property Plant And Equipment Net | 2.4B | 2.5B | 2.6B | 2.4B | 2.7B | 2.8B | |
Net Debt | 1.9B | 528M | 509M | 1.1B | 1.5B | 2.4B | |
Retained Earnings | 690M | 1.6B | 2.4B | 2.7B | 2.6B | 2.8B | |
Accounts Payable | 961M | 822M | 876M | 1.1B | 719M | 1.0B | |
Cash | 525M | 1.6B | 1.0B | 654M | 540M | 628.5M | |
Non Current Assets Total | 5.8B | 5.1B | 5.5B | 5.1B | 4.9B | 5.6B | |
Non Currrent Assets Other | 2.1B | 961M | 1.1B | 1.1B | 611M | 691.2M | |
Other Assets | 778M | 1.7B | 3.1B | 833M | 958.0M | 1.0B | |
Long Term Debt | 2.2B | 1.5B | 1.5B | 1.7B | 1.7B | 2.7B | |
Cash And Short Term Investments | 525M | 1.6B | 1.0B | 654M | 540M | 628.5M | |
Net Receivables | 953M | 910M | 1.0B | 834M | 753M | 972.9M | |
Good Will | 276M | 533M | 650M | 641M | 644M | 676.2M | |
Non Current Liabilities Total | 3.5B | 3.1B | 2.8B | 2.7B | 2.6B | 3.7B | |
Inventory | 914M | 848M | 1.2B | 995M | 867M | 1.0B | |
Other Current Assets | 155M | 217M | 834M | 662M | 154M | 146.3M | |
Other Stockholder Equity | 3.4B | 3.3B | 3.1B | 2.2B | 1.9B | 3.0B | |
Total Liab | 5.5B | 5.0B | 4.8B | 4.4B | 3.8B | 5.2B | |
Property Plant And Equipment Gross | 2.8B | 3.0B | 6.7B | 6.4B | 6.7B | 4.5B | |
Total Current Assets | 2.5B | 3.6B | 3.9B | 3.1B | 2.3B | 3.8B | |
Accumulated Other Comprehensive Income | (1.3B) | (1.4B) | (1.3B) | (1.2B) | (1.2B) | (1.2B) | |
Intangible Assets | 197M | 453M | 469M | 425M | 387M | 217.8M | |
Property Plant Equipment | 2.4B | 2.5B | 2.6B | 2.4B | 2.1B | 2.9B | |
Noncontrolling Interest In Consolidated Entity | 137M | 154M | 181M | 216M | 248.4M | 199.4M | |
Retained Earnings Total Equity | 690M | 1.6B | 2.4B | 2.7B | 3.1B | 3.3B | |
Deferred Long Term Liab | 296M | 29M | 250M | 161M | 287.5M | 232.3M | |
Treasury Stock | (427M) | (635M) | (731M) | (934M) | (840.6M) | (798.6M) |
Pair Trading with Huntsman
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Huntsman position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Huntsman will appreciate offsetting losses from the drop in the long position's value.Moving together with Huntsman Stock
Moving against Huntsman Stock
0.78 | WS | Worthington Steel | PairCorr |
0.78 | WLKP | Westlake Chemical | PairCorr |
0.46 | RS | Reliance Steel Aluminum | PairCorr |
0.42 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
The ability to find closely correlated positions to Huntsman could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Huntsman when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Huntsman - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Huntsman to buy it.
The correlation of Huntsman is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Huntsman moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Huntsman moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Huntsman can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Huntsman. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. To learn how to invest in Huntsman Stock, please use our How to Invest in Huntsman guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Diversified Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Huntsman. If investors know Huntsman will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Huntsman listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.206 | Dividend Share 0.988 | Earnings Share (0.60) | Revenue Per Share 34.793 | Quarterly Revenue Growth 0.023 |
The market value of Huntsman is measured differently than its book value, which is the value of Huntsman that is recorded on the company's balance sheet. Investors also form their own opinion of Huntsman's value that differs from its market value or its book value, called intrinsic value, which is Huntsman's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Huntsman's market value can be influenced by many factors that don't directly affect Huntsman's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Huntsman's value and its price as these two are different measures arrived at by different means. Investors typically determine if Huntsman is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Huntsman's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.