NUF Stock | | | 3.70 0.09 2.37% |
Nufarm financial indicator trend analysis is infinitely more than just investigating Nufarm recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nufarm is a good investment. Please check the relationship between Nufarm Minority Interest and its Total Revenue accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nufarm. 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 Total Revenue
Minority Interest vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Nufarm Minority Interest account and
Total Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Nufarm's Minority Interest and Total Revenue is 0.66. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Nufarm, assuming nothing else is changed. The correlation between historical values of Nufarm's Minority Interest and Total Revenue 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 Nufarm are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Minority Interest i.e., Nufarm's Minority Interest and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.66 |
Relationship Direction | Positive |
Relationship Strength | Significant |
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 Nufarm whose combined shares represent less than 50% of the total outstanding shares issued by Nufarm have a minority interest in Nufarm.
Total Revenue
Total revenue comprises all receipts Nufarm generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Nufarm's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nufarm 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 Nufarm. 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.
Selling General Administrative is likely to drop to about 216.5
M in 2024.
Tax Provision is likely to drop to about 31.8
M in 2024
Nufarm fundamental ratios Correlations
Click cells to compare fundamentals
Nufarm Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nufarm fundamental ratios Accounts
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Additional Tools for Nufarm Stock Analysis
When running Nufarm's price analysis, check to
measure Nufarm'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 Nufarm is operating at the current time. Most of Nufarm's value examination focuses on studying past and present price action to
predict the probability of Nufarm's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nufarm's price. Additionally, you may evaluate how the addition of Nufarm to your portfolios can decrease your overall portfolio volatility.