Man Minority Interest vs Income Tax Expense Analysis

MANINFRA   234.20  22.05  10.39%   
Man Infraconstructio financial indicator trend analysis is infinitely more than just investigating Man Infraconstruction recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Man Infraconstruction is a good investment. Please check the relationship between Man Infraconstructio Minority Interest and its Income Tax Expense accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Man Infraconstruction 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 board of governors.

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 Man Infraconstruction Minority Interest account and Income Tax Expense. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Man Infraconstructio's Minority Interest and Income Tax Expense is -0.35. 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 Man Infraconstruction Limited, assuming nothing else is changed. The correlation between historical values of Man Infraconstructio'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 Man Infraconstruction Limited 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., Man Infraconstructio's Minority Interest and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

-0.35
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 Man Infraconstruction Limited whose combined shares represent less than 50% of the total outstanding shares issued by Man Infraconstructio have a minority interest in Man Infraconstructio.

Income Tax Expense

Most indicators from Man Infraconstructio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Man Infraconstruction 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 Man Infraconstruction 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 board of governors.
At this time, Man Infraconstructio's Selling General Administrative is relatively stable compared to the past year. As of 12/02/2024, Issuance Of Capital Stock is likely to grow to about 1.4 B, while Tax Provision is likely to drop slightly above 567.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense596.5M584.4M351.2M280.7M
Depreciation And Amortization87.7M108.3M99.5M124.1M

Man Infraconstructio fundamental ratios Correlations

0.040.840.740.150.30.450.550.250.640.450.570.350.820.550.270.880.780.90.510.670.540.69-0.10.540.62
0.040.380.220.64-0.580.16-0.33-0.510.050.450.24-0.67-0.080.230.08-0.230.170.27-0.590.140.45-0.02-0.390.040.23
0.840.380.680.36-0.010.470.15-0.140.630.60.44-0.090.640.650.080.670.760.870.180.730.840.67-0.470.480.64
0.740.220.680.17-0.20.740.27-0.160.870.390.4-0.070.780.810.150.510.970.780.140.810.530.87-0.250.790.94
0.150.640.360.17-0.340.3-0.18-0.380.070.310.21-0.3-0.10.380.490.030.170.31-0.270.060.24-0.06-0.25-0.17-0.03
0.3-0.58-0.01-0.2-0.34-0.470.730.83-0.250.00.320.920.36-0.30.130.66-0.1-0.060.91-0.1-0.23-0.10.29-0.04-0.29
0.450.160.470.740.3-0.47-0.16-0.40.910.190.25-0.240.440.610.240.230.760.64-0.070.690.350.79-0.210.380.69
0.55-0.330.150.27-0.180.73-0.160.850.030.190.50.780.57-0.010.330.70.230.210.760.02-0.120.140.50.250.1
0.25-0.51-0.14-0.16-0.380.83-0.40.85-0.22-0.030.440.840.27-0.430.280.5-0.17-0.120.74-0.29-0.34-0.110.65-0.11-0.28
0.640.050.630.870.07-0.250.910.03-0.220.280.33-0.090.680.670.110.460.910.740.150.850.520.97-0.250.580.86
0.450.450.60.390.310.00.190.19-0.030.280.31-0.130.330.220.20.340.390.560.080.510.680.31-0.250.050.37
0.570.240.440.40.210.320.250.50.440.330.310.380.60.130.50.620.430.410.460.260.110.350.050.270.25
0.35-0.67-0.09-0.07-0.30.92-0.240.780.84-0.09-0.130.380.43-0.240.270.670.00.010.93-0.07-0.40.00.430.01-0.22
0.82-0.080.640.78-0.10.360.440.570.270.680.330.60.430.520.030.850.840.650.640.740.350.76-0.20.760.73
0.550.230.650.810.38-0.30.61-0.01-0.430.670.220.13-0.240.520.00.350.820.63-0.040.70.560.65-0.560.70.74
0.270.080.080.150.490.130.240.330.280.110.20.50.270.030.00.250.110.220.23-0.12-0.190.030.44-0.2-0.15
0.88-0.230.670.510.030.660.230.70.50.460.340.620.670.850.350.250.620.640.830.530.310.55-0.040.430.38
0.780.170.760.970.17-0.10.760.23-0.170.910.390.430.00.840.820.110.620.810.260.890.580.92-0.360.770.92
0.90.270.870.780.31-0.060.640.21-0.120.740.560.410.010.650.630.220.640.810.190.80.710.73-0.270.430.71
0.51-0.590.180.14-0.270.91-0.070.760.740.150.080.460.930.64-0.040.230.830.260.190.22-0.110.270.220.180.02
0.670.140.730.810.06-0.10.690.02-0.290.850.510.26-0.070.740.7-0.120.530.890.80.220.710.88-0.560.610.87
0.540.450.840.530.24-0.230.35-0.12-0.340.520.680.11-0.40.350.56-0.190.310.580.71-0.110.710.57-0.560.290.62
0.69-0.020.670.87-0.06-0.10.790.14-0.110.970.310.350.00.760.650.030.550.920.730.270.880.57-0.260.660.89
-0.1-0.39-0.47-0.25-0.250.29-0.210.50.65-0.25-0.250.050.43-0.2-0.560.44-0.04-0.36-0.270.22-0.56-0.56-0.26-0.4-0.38
0.540.040.480.79-0.17-0.040.380.25-0.110.580.050.270.010.760.7-0.20.430.770.430.180.610.290.66-0.40.81
0.620.230.640.94-0.03-0.290.690.1-0.280.860.370.25-0.220.730.74-0.150.380.920.710.020.870.620.89-0.380.81
Click cells to compare fundamentals

Man Infraconstructio Account Relationship Matchups

Man Infraconstructio fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.0B14.6B17.2B17.8B21.5B11.8B
Other Current Liab221.4M231.1M253.2M1.2B809.8M655.0M
Total Current Liabilities2.4B4.3B4.0B6.1B5.5B2.9B
Total Stockholder Equity6.7B6.7B8.6B10.9B14.6B15.4B
Property Plant And Equipment Net356.5M434.1M509.7M531.4M426.8M437.2M
Net Debt3.4B4.3B3.5B910.1M(1.1B)(1.1B)
Cash625.8M774.3M2.1B1.1B2.5B2.6B
Non Current Assets Total4.3B3.4B3.1B3.8B2.7B3.2B
Non Currrent Assets Other3.2B2.3B1.7B1.7B182.0M172.9M
Cash And Short Term Investments1.3B2.6B4.9B3.6B6.1B6.4B
Net Receivables2.9B1.2B3.4B6.5B1.6B2.4B
Liabilities And Stockholders Equity13.0B14.6B17.2B17.8B21.5B11.8B
Non Current Liabilities Total3.7B3.3B3.9B278.2M864.6M821.3M
Inventory3.8B4.0B4.5B3.8B5.0B5.3B
Other Current Assets2.4B3.0B2.7B3.2B4.9B5.1B
Total Liab6.1B7.6B7.9B6.4B6.4B4.7B
Total Current Assets8.6B11.2B14.1B14.0B18.9B19.8B
Accumulated Other Comprehensive Income(286.1M)436.5M444.8M495.2M1.9B2.0B
Short Long Term Debt Total4.0B5.1B5.6B2.1B1.3B2.4B
Accounts Payable440.9M784.9M1.0B2.0B1.2B807.8M
Short Term Investments707.3M1.8B2.8B2.5B3.7B3.8B
Current Deferred Revenue1.5B1.6B245.8M966.0M2.7B2.9B
Retained Earnings3.5B3.6B5.4B7.6B10.1B10.6B
Short Term Debt(901.6M)419.3M970.6M988.6M(2.1B)(2.0B)
Other Liab37.7M45.5M58.2M120.6M108.5M113.6M
Net Tangible Assets5.6B6.7B6.7B8.6B9.9B6.5B
Other Assets3.7B2.8B2.4B498.0M(26.5M)(25.1M)
Long Term Debt3.6B3.2B3.8B123.1M634.3M602.6M
Short Long Term Debt413.9M1.4B1.8B1.9B674.2M1.0B
Property Plant Equipment356.5M434.1M509.7M531.4M611.1M471.7M
Long Term Debt Total3.6B3.2B3.8B123.1M110.8M105.2M
Cash And Equivalents31.0M383.1M745.6M86.6M78.0M74.1M
Net Invested Capital10.7B11.4B14.2B13.0B15.9B13.8B
Net Working Capital6.2B6.8B10.1B7.9B13.3B8.9B

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 Man Stock Analysis

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