Salzer Income Tax Expense vs Minority Interest Analysis

SALZERELEC   1,118  1.40  0.13%   
Salzer Electronics financial indicator trend analysis is much more than just breaking down Salzer Electronics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Salzer Electronics is a good investment. Please check the relationship between Salzer Electronics Income Tax Expense and its Minority Interest accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Salzer Electronics 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 income.

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 Salzer Electronics Income Tax Expense account and Minority Interest. At this time, the significance of the direction appears to have pay attention.
The correlation between Salzer Electronics' Income Tax Expense and Minority Interest is -0.77. 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 Salzer Electronics Limited, assuming nothing else is changed. The correlation between historical values of Salzer Electronics' 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 Salzer Electronics 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., Salzer Electronics' Income Tax Expense and Minority Interest go up and down completely randomly.

Correlation Coefficient

-0.77
Relationship DirectionNegative 
Relationship StrengthWeak

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 Salzer Electronics Limited whose combined shares represent less than 50% of the total outstanding shares issued by Salzer Electronics have a minority interest in Salzer Electronics.
Most indicators from Salzer Electronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Salzer Electronics 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Salzer Electronics 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 income.
The current year's Issuance Of Capital Stock is expected to grow to about 241.2 M, whereas Selling General Administrative is forecasted to decline to about 45.3 M.
 2021 2022 2023 2024 (projected)
Interest Expense127.1M261.2M340.9M357.9M
Depreciation And Amortization163.3M166.0M201.1M118.1M

Salzer Electronics fundamental ratios Correlations

0.860.780.870.880.980.870.870.84-0.660.970.080.330.830.960.610.870.550.820.990.860.970.920.340.870.81
0.860.640.990.980.841.01.00.97-0.720.82-0.050.290.980.830.61.00.420.660.870.990.860.80.130.770.69
0.780.640.710.690.780.640.660.57-0.430.780.260.230.620.760.130.660.650.720.780.660.750.730.410.560.73
0.870.990.710.980.840.990.990.97-0.670.830.00.340.990.850.530.990.430.680.880.990.860.810.130.780.71
0.880.980.690.980.880.980.990.94-0.730.870.140.310.960.90.620.980.530.760.870.980.870.890.240.810.8
0.980.840.780.840.880.840.850.8-0.731.00.150.230.790.980.630.850.620.840.960.830.980.960.490.820.83
0.871.00.640.990.980.840.990.97-0.740.82-0.040.260.980.840.621.00.430.660.870.990.860.80.150.770.69
0.871.00.660.990.990.850.990.97-0.710.830.010.30.980.850.610.990.440.680.871.00.860.820.150.780.73
0.840.970.570.970.940.80.970.97-0.630.77-0.10.390.980.810.610.980.240.610.860.970.820.750.040.810.61
-0.66-0.72-0.43-0.67-0.73-0.73-0.74-0.71-0.63-0.74-0.170.34-0.62-0.68-0.76-0.72-0.56-0.6-0.64-0.67-0.67-0.69-0.56-0.44-0.6
0.970.820.780.830.871.00.820.830.77-0.740.210.220.760.980.630.820.650.860.940.810.960.970.540.810.84
0.08-0.050.260.00.140.15-0.040.01-0.1-0.170.21-0.03-0.020.270.07-0.020.540.540.00.01-0.020.330.40.10.53
0.330.290.230.340.310.230.260.30.390.340.22-0.030.390.31-0.050.27-0.080.230.330.350.260.28-0.410.670.21
0.830.980.620.990.960.790.980.980.98-0.620.76-0.020.390.80.560.990.340.650.840.990.80.760.020.790.67
0.960.830.760.850.90.980.840.850.81-0.680.980.270.310.80.630.840.630.880.930.840.940.990.460.850.88
0.610.60.130.530.620.630.620.610.61-0.760.630.07-0.050.560.630.60.30.530.580.580.570.610.270.570.52
0.871.00.660.990.980.851.00.990.98-0.720.82-0.020.270.990.840.60.40.680.880.990.860.80.150.770.69
0.550.420.650.430.530.620.430.440.24-0.560.650.54-0.080.340.630.30.40.70.50.420.550.70.590.370.83
0.820.660.720.680.760.840.660.680.61-0.60.860.540.230.650.880.530.680.70.780.680.750.890.50.720.87
0.990.870.780.880.870.960.870.870.86-0.640.940.00.330.840.930.580.880.50.780.860.970.880.290.850.76
0.860.990.660.990.980.830.991.00.97-0.670.810.010.350.990.840.580.990.420.680.860.840.80.090.790.72
0.970.860.750.860.870.980.860.860.82-0.670.96-0.020.260.80.940.570.860.550.750.970.840.920.40.790.77
0.920.80.730.810.890.960.80.820.75-0.690.970.330.280.760.990.610.80.70.890.880.80.920.520.820.91
0.340.130.410.130.240.490.150.150.04-0.560.540.4-0.410.020.460.270.150.590.50.290.090.40.520.110.4
0.870.770.560.780.810.820.770.780.81-0.440.810.10.670.790.850.570.770.370.720.850.790.790.820.110.67
0.810.690.730.710.80.830.690.730.61-0.60.840.530.210.670.880.520.690.830.870.760.720.770.910.40.67
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Salzer Electronics Account Relationship Matchups

Salzer Electronics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.2B6.8B7.5B9.0B9.9B5.0B
Short Long Term Debt Total1.8B2.0B2.5B2.8B3.1B3.3B
Other Current Liab504.2M601.2M445.2M648.2M687.5M426.9M
Total Current Liabilities2.7B3.1B3.6B4.5B4.7B4.9B
Total Stockholder Equity3.1B3.3B3.5B4.1B4.7B5.0B
Property Plant And Equipment Net2.1B2.1B2.2B2.4B2.6B1.5B
Net Debt1.8B2.0B2.5B2.7B3.1B3.2B
Retained Earnings1.5B1.7B1.9B2.2B2.7B2.8B
Accounts Payable540.9M631.6M762.2M1.1B1.0B1.1B
Cash23.5M53.0M19.0M72.8M32.5M30.9M
Non Current Assets Total2.5B2.5B2.5B2.7B2.9B1.7B
Non Currrent Assets Other219.2M99K(64.0M)53.0M85.5M107.7M
Cash And Short Term Investments105.6M134.5M103.3M220.4M182.8M147.8M
Net Receivables1.5B1.9B2.2B3.1B3.3B3.5B
Common Stock Shares Outstanding14.9M15.9M16.0M17.7M17.7M14.7M
Liabilities And Stockholders Equity6.2B6.8B7.5B9.0B9.9B5.0B
Non Current Liabilities Total371.9M353.5M324.2M347.9M424.9M331.0M
Inventory1.6B1.8B2.3B2.7B2.9B3.1B
Other Current Assets452.5M483.7M421.3M141.2M582.2M335.9M
Total Liab3.0B3.5B3.9B4.8B5.1B2.6B
Total Current Assets3.7B4.3B5.0B6.3B7.0B7.4B
Accumulated Other Comprehensive Income(181.7M)222.8M230.3M359.0M269.4M282.8M
Short Term Debt2.1B2.4B2.8B2.7B3.0B1.6B
Current Deferred Revenue479.6M578.5M410.6M72.5M5.1M4.8M
Short Term Investments82.1M81.5M84.3M147.6M150.3M77.0M
Intangible Assets20.8M17.8M15.2M17.2M30.4M18.4M
Other Liab194.1M190.8M200.1M228.8M263.1M202.4M
Net Tangible Assets2.8B3.0B3.2B3.4B3.9B3.0B
Other Assets3.6M311.7M286.8M70.3M1K950.0
Long Term Debt177.8M162.7M124.1M77.8M149.9M98.3M
Short Long Term Debt1.6B1.8B2.4B2.6B2.9B1.9B
Property Plant Equipment2.1B2.1B2.1B2.4B2.7B2.0B
Long Term Debt Total177.8M162.7M124.1M119.1M137.0M128.9M
Cash And Equivalents3.5M4.1M500K33.7M30.3M21.7M
Net Invested Capital4.9B5.3B6.0B6.8B7.8B6.2B
Net Working Capital1.0B1.2B1.4B1.8B2.3B1.5B

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Other Information on Investing in Salzer Stock

Balance Sheet is a snapshot of the financial position of Salzer Electronics at a specified time, usually calculated after every quarter, six months, or one year. Salzer Electronics Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Salzer Electronics 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 Salzer currently owns. An asset can also be divided into two categories, current and non-current.