MUTHOOTFIN | | | 2,070 7.10 0.34% |
Muthoot Finance financial indicator trend analysis is infinitely more than just investigating Muthoot Finance recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Muthoot Finance is a good investment. Please check the relationship between Muthoot Finance Minority Interest and its Selling General Administrative accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Muthoot Finance 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.
Minority Interest vs Selling General Administrative
Minority Interest vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Muthoot Finance Minority Interest account and
Selling General Administrative. At this time, the significance of the direction appears to have pay attention.
The correlation between Muthoot Finance's Minority Interest and Selling General Administrative is -0.71. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Muthoot Finance Limited, assuming nothing else is changed. The correlation between historical values of Muthoot Finance's Minority Interest and Selling General Administrative 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 Muthoot Finance Limited are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Minority Interest i.e., Muthoot Finance's Minority Interest and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | -0.71 |
Relationship Direction | Negative |
Relationship Strength | Weak |
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 Muthoot Finance Limited whose combined shares represent less than 50% of the total outstanding shares issued by Muthoot Finance have a minority interest in Muthoot Finance.
Selling General Administrative
Most indicators from Muthoot Finance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Muthoot Finance 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 Muthoot Finance 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.
Selling General Administrative is likely to gain to about 24.7
B in 2024, whereas
Tax Provision is likely to drop slightly above 12.3
B in 2024.
Muthoot Finance fundamental ratios Correlations
Click cells to compare fundamentals
Muthoot Finance Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Muthoot Finance fundamental ratios Accounts
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