RR Stock | | | 575.40 1.60 0.28% |
Rolls Royce financial indicator trend analysis is much more than just breaking down Rolls Royce Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rolls Royce Holdings is a good investment. Please check the relationship between Rolls Royce Minority Interest and its Total Operating Expenses accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rolls Royce Holdings PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Minority Interest vs Total Operating Expenses
Minority Interest vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Rolls Royce Holdings Minority Interest account and
Total Operating Expenses. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Rolls Royce's Minority Interest and Total Operating Expenses is -0.02. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Rolls Royce Holdings PLC, assuming nothing else is changed. The correlation between historical values of Rolls Royce's Minority Interest and Total Operating Expenses 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 Rolls Royce Holdings PLC are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Minority Interest i.e., Rolls Royce's Minority Interest and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | -0.02 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
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 Rolls Royce Holdings PLC whose combined shares represent less than 50% of the total outstanding shares issued by Rolls Royce have a minority interest in Rolls Royce.
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from Rolls Royce's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rolls Royce Holdings 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rolls Royce Holdings PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
At present, Rolls Royce's
Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting.
Rolls Royce fundamental ratios Correlations
Click cells to compare fundamentals
Rolls Royce Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Rolls Royce fundamental ratios Accounts
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Other Information on Investing in Rolls Stock
Balance Sheet is a snapshot of the
financial position of Rolls Royce Holdings at a specified time, usually calculated after every quarter, six months, or one year. Rolls Royce Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Rolls Royce 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 Rolls currently owns. An asset can also be divided into two categories, current and non-current.