KNR Income Tax Expense vs Minority Interest Analysis

KNRCON Stock   326.80  1.40  0.43%   
KNR Constructions financial indicator trend analysis is infinitely more than just investigating KNR Constructions recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether KNR Constructions is a good investment. Please check the relationship between KNR Constructions Income Tax Expense and its Minority Interest accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KNR Constructions 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 persons.

Income Tax Expense vs Minority Interest

Income Tax Expense vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of KNR Constructions Income Tax Expense account and Minority Interest. At this time, the significance of the direction appears to have pay attention.
The correlation between KNR Constructions' Income Tax Expense and Minority Interest is -0.82. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Minority Interest in the same time period over historical financial statements of KNR Constructions Limited, assuming nothing else is changed. The correlation between historical values of KNR Constructions' Income Tax Expense 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 Income Tax Expense of KNR Constructions 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 Income Tax Expense i.e., KNR Constructions' Income Tax Expense and Minority Interest go up and down completely randomly.

Correlation Coefficient

-0.82
Relationship DirectionNegative 
Relationship StrengthSignificant

Income Tax Expense

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 KNR Constructions Limited whose combined shares represent less than 50% of the total outstanding shares issued by KNR Constructions have a minority interest in KNR Constructions.
Most indicators from KNR Constructions' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into KNR Constructions 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KNR Constructions 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 persons.
The current year's Selling General Administrative is expected to grow to about 2.1 B, whereas Tax Provision is forecasted to decline to about 1 B.
 2021 2022 2023 2024 (projected)
Gross Profit8.6B14.3B13.8B14.5B
Total Revenue33.1B40.6B44.4B46.7B

KNR Constructions fundamental ratios Correlations

0.750.810.810.970.730.660.960.490.870.980.620.670.92-0.380.210.710.940.6-0.280.820.960.770.40.160.29
0.750.550.750.610.570.970.590.530.450.830.590.260.62-0.32-0.060.990.620.57-0.050.940.60.610.410.40.21
0.810.550.810.780.610.440.780.110.720.810.790.550.67-0.290.220.530.820.39-0.150.720.770.850.170.27-0.06
0.810.750.810.730.80.670.720.590.510.840.850.470.61-0.180.270.710.790.75-0.390.920.730.810.430.520.13
0.970.610.780.730.710.481.00.430.940.910.50.770.93-0.410.310.550.950.54-0.360.690.990.780.36-0.010.35
0.730.570.610.80.710.480.720.610.520.680.750.540.58-0.010.420.510.840.78-0.580.70.750.720.230.510.43
0.660.970.440.670.480.480.460.550.290.760.560.10.51-0.21-0.170.980.50.540.020.90.470.440.380.460.16
0.960.590.780.721.00.720.460.420.940.90.50.780.92-0.420.330.530.960.55-0.370.680.990.780.320.00.34
0.490.530.110.590.430.610.550.420.180.510.330.230.350.050.220.480.430.85-0.490.580.440.180.340.30.35
0.870.450.720.510.940.520.290.940.180.780.30.780.91-0.510.250.40.850.3-0.180.490.930.720.22-0.220.29
0.980.830.810.840.910.680.760.90.510.780.650.530.87-0.350.080.80.880.6-0.180.880.890.720.430.210.2
0.620.590.790.850.50.750.560.50.330.30.650.320.390.120.260.560.680.5-0.330.760.530.690.160.750.1
0.670.260.550.470.770.540.10.780.230.780.530.320.62-0.450.770.180.80.28-0.630.350.80.670.05-0.060.52
0.920.620.670.610.930.580.510.920.350.910.870.390.62-0.380.060.60.840.38-0.150.660.920.690.43-0.010.38
-0.38-0.32-0.29-0.18-0.41-0.01-0.21-0.420.05-0.51-0.350.12-0.45-0.38-0.22-0.31-0.31-0.06-0.17-0.26-0.41-0.28-0.240.320.1
0.21-0.060.220.270.310.42-0.170.330.220.250.080.260.770.06-0.22-0.160.440.26-0.770.060.370.34-0.170.150.38
0.710.990.530.710.550.510.980.530.480.40.80.560.180.6-0.31-0.160.560.520.050.930.550.550.410.410.15
0.940.620.820.790.950.840.50.960.430.850.880.680.80.84-0.310.440.560.57-0.480.730.970.840.260.220.43
0.60.570.390.750.540.780.540.550.850.30.60.50.280.38-0.060.260.520.57-0.420.680.560.420.320.360.08
-0.28-0.05-0.15-0.39-0.36-0.580.02-0.37-0.49-0.18-0.18-0.33-0.63-0.15-0.17-0.770.05-0.48-0.42-0.18-0.39-0.35-0.04-0.19-0.67
0.820.940.720.920.690.70.90.680.580.490.880.760.350.66-0.260.060.930.730.68-0.180.690.730.460.510.15
0.960.60.770.730.990.750.470.990.440.930.890.530.80.92-0.410.370.550.970.56-0.390.690.790.340.070.39
0.770.610.850.810.780.720.440.780.180.720.720.690.670.69-0.280.340.550.840.42-0.350.730.790.280.280.27
0.40.410.170.430.360.230.380.320.340.220.430.160.050.43-0.24-0.170.410.260.32-0.040.460.340.280.130.16
0.160.40.270.52-0.010.510.460.00.3-0.220.210.75-0.06-0.010.320.150.410.220.36-0.190.510.070.280.130.06
0.290.21-0.060.130.350.430.160.340.350.290.20.10.520.380.10.380.150.430.08-0.670.150.390.270.160.06
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KNR Constructions Account Relationship Matchups

KNR Constructions fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets35.0B40.1B52.7B43.4B58.0B60.9B
Short Long Term Debt Total8.7B7.6B14.6B6.5B12.6B6.6B
Other Current Liab2.5B10.3B7.9B4.5B6.8B7.1B
Total Current Liabilities10.6B12.6B12.6B10.7B11.0B7.1B
Total Stockholder Equity15.6B19.7B23.3B27.8B35.5B37.3B
Property Plant And Equipment Net3.9B3.4B4.9B4.6B4.1B3.6B
Net Debt8.3B6.4B13.2B4.6B9.1B5.7B
Retained Earnings13.7B17.8B21.4B26.2B33.9B35.6B
Accounts Payable5.4B1.4B3.1B3.9B2.8B2.5B
Cash406.6M1.3B1.5B1.9B3.6B3.7B
Non Current Assets Total24.0B26.9B33.7B21.8B33.2B34.8B
Non Currrent Assets Other9.9B17.9B23.8B12.4B3.9B5.6B
Cash And Short Term Investments675.6M1.4B1.6B6.2B4.0B4.2B
Net Receivables4.9B5.5B8.6B7.1B11.7B12.3B
Short Term Investments269.0M160.6M154.2M4.3B396.4M600.6M
Liabilities And Stockholders Equity35.0B40.1B52.7B43.4B58.0B60.9B
Non Current Liabilities Total8.5B7.7B14.5B5.3B12.0B6.5B
Inventory1.2B1.5B2.3B2.3B2.2B2.3B
Other Current Assets9.1B4.8B6.5B6.5B7.0B3.7B
Other Stockholder Equity(14.3B)1.3B1.3B(54.1B)978.7M1.0B
Total Liab19.1B20.3B27.1B15.9B23.1B13.6B
Total Current Assets11.0B13.2B19.0B21.6B24.9B26.1B
Accumulated Other Comprehensive Income(8.2B)269.3M263.3M268.4M114.3M120.0M
Current Deferred Revenue1.9B2.4B4.5B2.4B416.7M395.9M
Short Term Debt817.5M(307.1M)1.1B2.1B964.3M848.4M
Intangible Assets8.2B3.6B3.3B3.0B2.6B4.7B
Other Liab546.5M426.2M759.3M292.6M263.3M404.8M
Net Tangible Assets7.4B16.1B20.0B24.8B28.5B29.9B
Other Assets11.5B19.4B25.0B1.3B1.5B1.4B
Long Term Debt7.9B7.3B13.7B4.9B11.6B8.3B
Short Long Term Debt817.5M7.1M846.4M1.5B964.3M713.3M
Property Plant Equipment3.9B3.4B4.9B4.6B5.3B3.7B
Long Term Debt Total7.9B7.3B13.8B5.0B5.7B8.7B
Net Invested Capital24.3B27.0B37.8B34.3B48.1B33.1B
Net Working Capital383.7M603.2M6.4B10.9B13.9B14.6B

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Other Information on Investing in KNR Stock

Balance Sheet is a snapshot of the financial position of KNR Constructions at a specified time, usually calculated after every quarter, six months, or one year. KNR Constructions Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of KNR Constructions and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which KNR currently owns. An asset can also be divided into two categories, current and non-current.