UTI Minority Interest vs Cost Of Revenue Analysis

UTIAMC Stock   1,299  11.80  0.92%   
UTI Asset financial indicator trend analysis is much more than just breaking down UTI Asset Management prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether UTI Asset Management is a good investment. Please check the relationship between UTI Asset Minority Interest and its Cost Of Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in UTI Asset Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Minority Interest vs Cost Of Revenue

Minority Interest vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of UTI Asset Management Minority Interest account and Cost Of Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between UTI Asset's Minority Interest and Cost Of Revenue is -0.95. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of UTI Asset Management, assuming nothing else is changed. The correlation between historical values of UTI Asset's Minority Interest and Cost Of 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 UTI Asset Management are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Minority Interest i.e., UTI Asset's Minority Interest and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.95
Relationship DirectionNegative 
Relationship StrengthSignificant

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 UTI Asset Management whose combined shares represent less than 50% of the total outstanding shares issued by UTI Asset have a minority interest in UTI Asset.

Cost Of Revenue

Cost of Revenue is found on UTI Asset Management income statement and represents the costs associated with goods and services UTI Asset provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from UTI Asset's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into UTI Asset Management 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 UTI Asset Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
The current year's Issuance Of Capital Stock is expected to grow to about 278.4 M, whereas Selling General Administrative is forecasted to decline to about 427.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit7.5B7.1B12.8B8.1B
Total Revenue11.2B11.3B17.4B11.5B

UTI Asset fundamental ratios Correlations

0.910.430.650.80.270.94-0.740.97-0.450.890.590.850.680.960.950.86-0.450.270.960.81-0.490.08-0.030.960.89
0.910.090.370.90.180.96-0.710.83-0.310.950.580.780.580.810.860.78-0.30.380.80.73-0.320.050.120.80.7
0.430.090.80.080.080.27-0.170.45-0.490.150.10.50.310.50.310.52-0.690.190.510.43-0.230.1-0.530.50.62
0.650.370.80.150.350.41-0.310.71-0.250.280.130.550.510.760.510.67-0.750.220.770.56-0.280.18-0.450.760.88
0.80.90.080.15-0.160.95-0.70.65-0.530.990.730.720.40.630.820.71-0.130.430.620.69-0.42-0.160.210.630.47
0.270.180.080.35-0.160.03-0.340.450.11-0.03-0.330.170.250.440.240.16-0.31-0.360.430.250.130.220.010.440.51
0.940.960.270.410.950.03-0.70.84-0.450.980.660.830.590.820.880.83-0.290.360.820.76-0.430.040.040.820.7
-0.74-0.71-0.17-0.31-0.7-0.34-0.7-0.680.65-0.74-0.31-0.49-0.08-0.68-0.81-0.780.21-0.12-0.66-0.920.410.48-0.09-0.68-0.64
0.970.830.450.710.650.450.84-0.68-0.320.770.470.830.751.00.90.79-0.450.131.00.76-0.510.23-0.111.00.94
-0.45-0.31-0.49-0.25-0.530.11-0.450.65-0.32-0.49-0.49-0.440.08-0.36-0.58-0.510.42-0.38-0.34-0.610.340.65-0.2-0.36-0.36
0.890.950.150.280.99-0.030.98-0.740.77-0.490.70.780.50.750.880.77-0.20.380.740.74-0.45-0.070.140.750.6
0.590.580.10.130.73-0.330.66-0.310.47-0.490.70.640.560.480.70.27-0.180.470.470.25-0.57-0.080.490.470.31
0.850.780.50.550.720.170.83-0.490.83-0.440.780.640.760.830.820.64-0.580.520.830.61-0.450.24-0.050.830.77
0.680.580.310.510.40.250.59-0.080.750.080.50.560.760.730.590.3-0.350.130.750.18-0.390.690.020.730.64
0.960.810.50.760.630.440.82-0.681.0-0.360.750.480.830.730.910.8-0.510.171.00.78-0.530.18-0.121.00.96
0.950.860.310.510.820.240.88-0.810.9-0.580.880.70.820.590.910.75-0.370.30.890.8-0.64-0.110.160.910.81
0.860.780.520.670.710.160.83-0.780.79-0.510.770.270.640.30.80.75-0.450.270.80.93-0.31-0.14-0.320.80.81
-0.45-0.3-0.69-0.75-0.13-0.31-0.290.21-0.450.42-0.2-0.18-0.58-0.35-0.51-0.37-0.45-0.56-0.51-0.36-0.120.00.09-0.5-0.66
0.270.380.190.220.43-0.360.36-0.120.13-0.380.380.470.520.130.170.30.27-0.560.160.26-0.09-0.240.040.160.2
0.960.80.510.770.620.430.82-0.661.0-0.340.740.470.830.751.00.890.8-0.510.160.76-0.510.22-0.141.00.97
0.810.730.430.560.690.250.76-0.920.76-0.610.740.250.610.180.780.80.93-0.360.260.76-0.46-0.33-0.260.770.77
-0.49-0.32-0.23-0.28-0.420.13-0.430.41-0.510.34-0.45-0.57-0.45-0.39-0.53-0.64-0.31-0.12-0.09-0.51-0.460.080.11-0.52-0.41
0.080.050.10.18-0.160.220.040.480.230.65-0.07-0.080.240.690.18-0.11-0.140.0-0.240.22-0.330.08-0.290.180.15
-0.030.12-0.53-0.450.210.010.04-0.09-0.11-0.20.140.49-0.050.02-0.120.16-0.320.090.04-0.14-0.260.11-0.29-0.12-0.24
0.960.80.50.760.630.440.82-0.681.0-0.360.750.470.830.731.00.910.8-0.50.161.00.77-0.520.18-0.120.96
0.890.70.620.880.470.510.7-0.640.94-0.360.60.310.770.640.960.810.81-0.660.20.970.77-0.410.15-0.240.96
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UTI Asset Account Relationship Matchups

UTI Asset fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets31.5B36.6B39.9B41.7B53.4B36.1B
Short Long Term Debt Total1.1B1.1B1.1B1.1B1.5B923.9M
Other Current Liab323.6M1.8B1.7B1.1B1.2B1.1B
Total Current Liabilities1.8B1.9B2.0B1.5B1.7B1.5B
Total Stockholder Equity27.6B32.3B36.1B38.7B43.9B34.9B
Other Liab1.7B1.8B1.8B927.7M1.1B1.6B
Net Tangible Assets26.0B27.6B32.1B36.0B41.4B30.4B
Property Plant And Equipment Net3.4B3.4B3.4B3.6B2.8B2.7B
Net Debt(118.4M)(978.3M)(687.7M)(968.7M)(1.5B)(1.4B)
Retained Earnings25.3B28.7B32.1B33.8B38.5B30.6B
Accounts Payable14.2M36.3M61.8M506.2M277M147.5M
Cash1.2B2.1B1.7B2.1B1.5B1.7B
Non Current Assets Total22.4B22.5B18.7B36.7B7.3B6.9B
Non Currrent Assets Other114.9M93.1M67.1M379.6M1.3B1.4B
Other Assets20K734.5M809.1M21.2B24.4B25.6B
Cash And Short Term Investments7.9B12.8B19.6B3.6B23.3B12.3B
Net Receivables1.0B556.4M1.0B938.1M883.7M968.4M
Good Will395.7M624.6M555.2M652.4M571.4M554.6M
Short Term Investments6.7B10.8B17.9B1.5B21.8B22.9B
Liabilities And Stockholders Equity31.5B36.6B39.9B41.7B53.4B36.3B
Non Current Liabilities Total2.0B2.4B1.7B1.6B2.0B1.6B
Inventory164.4M548.4M247.1M(15.8M)(41.2B)(39.1B)
Other Current Assets1.3B1.2B282.7M1.7B1.6B1.3B
Other Stockholder Equity258.1M356.1M472.3M497.2M4.1B4.3B
Total Liab3.8B4.3B3.7B3.1B3.7B3.9B
Total Current Assets9.2B14.2B21.2B5.0B24.9B16.3B
Accumulated Other Comprehensive Income1.4B2.2B2.4B3.1B3.4B6.0B
Intangible Assets125.6M109.6M69M65.3M77.2M80.3M
Property Plant Equipment3.4B3.5B3.4B3.5B3.1B2.8B
Net Invested Capital27.6B32.3B36.1B38.7B43.9B35.9B
Net Working Capital6.9B1.3B4.2B3.6B3.1B4.2B

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Other Information on Investing in UTI Stock

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