XAR Stock | | | 71.20 3.80 5.07% |
Xaar Plc financial indicator trend analysis is more than just analyzing Xaar plc current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xaar plc is a good investment. Please check the relationship between Xaar Plc Operating Income and its Minority Interest accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xaar 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.
Operating Income vs Minority Interest
Operating Income vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Xaar plc Operating Income account and
Minority Interest. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Xaar Plc's Operating Income and Minority Interest is -0.11. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Xaar plc, assuming nothing else is changed. The correlation between historical values of Xaar Plc's Operating Income 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 Operating Income of Xaar plc 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 Operating Income i.e., Xaar Plc's Operating Income and Minority Interest go up and down completely randomly.
Correlation Coefficient | -0.11 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Operating Income
Operating Income is the amount of profit realized from Xaar plc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Xaar plc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
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 Xaar plc whose combined shares represent less than 50% of the total outstanding shares issued by Xaar Plc have a minority interest in Xaar Plc.
Most indicators from Xaar Plc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xaar plc 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xaar 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.
The current year's
Issuance Of Capital Stock is expected to grow to about 647.9
K, whereas
Selling General Administrative is forecasted to decline to about 1.7
M.
Xaar Plc fundamental ratios Correlations
Click cells to compare fundamentals
Xaar Plc Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Xaar Plc fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in Xaar Stock
Balance Sheet is a snapshot of the
financial position of Xaar plc at a specified time, usually calculated after every quarter, six months, or one year. Xaar Plc Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Xaar Plc 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 Xaar currently owns. An asset can also be divided into two categories, current and non-current.