| SXL Stock | | | 0.59 0.01 1.67% |
Southern Cross financial indicator trend analysis is much more than just breaking down Southern Cross Media prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Southern Cross Media is a good investment. Please check the relationship between Southern Cross Minority Interest and its Net Income accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Southern Cross Media. 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 Net Income
Minority Interest vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Southern Cross Media Minority Interest account and
Net Income. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Southern Cross' Minority Interest and Net Income is 0.12. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Net Income in the same time period over historical financial statements of Southern Cross Media, assuming nothing else is changed. The correlation between historical values of Southern Cross' Minority Interest and Net Income 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 Southern Cross Media are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Minority Interest i.e., Southern Cross' Minority Interest and Net Income go up and down completely randomly.
Correlation Coefficient | 0.12 |
| Relationship Direction | Positive |
| 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 Southern Cross Media whose combined shares represent less than 50% of the total outstanding shares issued by Southern Cross have a minority interest in Southern Cross.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Southern Cross Media financial statement analysis. It represents the amount of money remaining after all of Southern Cross Media operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Southern Cross' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Southern Cross Media 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 Southern Cross Media. 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 gain to about 224.8
M in 2025, despite the fact that
Tax Provision is likely to grow to (82.1
M).
Southern Cross fundamental ratios Correlations
Click cells to compare fundamentals
Southern Cross Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Southern Cross fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Southern Stock Analysis
When running Southern Cross' price analysis, check to
measure Southern Cross' 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 Southern Cross is operating at the current time. Most of Southern Cross' value examination focuses on studying past and present price action to
predict the probability of Southern Cross' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southern Cross' price. Additionally, you may evaluate how the addition of Southern Cross to your portfolios can decrease your overall portfolio volatility.