Panda Total Operating Expenses vs Minority Interest Analysis

300898 Stock   24.03  0.49  2.08%   
Panda Dairy financial indicator trend analysis is much more than just breaking down Panda Dairy Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Panda Dairy Corp is a good investment. Please check the relationship between Panda Dairy Total Operating Expenses and its Minority Interest accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Panda Dairy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Total Operating Expenses vs Minority Interest

Total Operating Expenses vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Panda Dairy Corp Total Operating Expenses account and Minority Interest. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Panda Dairy's Total Operating Expenses and Minority Interest is -0.08. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Panda Dairy Corp, assuming nothing else is changed. The correlation between historical values of Panda Dairy's Total Operating Expenses 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 Total Operating Expenses of Panda Dairy Corp 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 Total Operating Expenses i.e., Panda Dairy's Total Operating Expenses and Minority Interest go up and down completely randomly.

Correlation Coefficient

-0.08
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

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 Panda Dairy Corp whose combined shares represent less than 50% of the total outstanding shares issued by Panda Dairy have a minority interest in Panda Dairy.
Most indicators from Panda Dairy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Panda Dairy Corp 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Panda Dairy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
As of December 2, 2024, Tax Provision is expected to decline to about 13.8 M. In addition to that, Selling General Administrative is expected to decline to about 54.1 M
 2021 2022 2023 2024 (projected)
Gross Profit201.0M171.8M219.0M203.3M
Total Revenue856.9M891.6M946.9M804.5M

Panda Dairy fundamental ratios Correlations

0.40.020.190.170.290.260.160.390.810.220.090.210.20.16-0.020.07-0.090.21-0.650.330.430.170.240.170.47
0.4-0.480.940.880.830.860.610.910.290.940.920.860.970.950.860.830.120.970.190.980.730.960.960.96-0.3
0.02-0.48-0.48-0.66-0.26-0.59-0.77-0.27-0.22-0.37-0.39-0.62-0.46-0.49-0.43-0.290.49-0.410.16-0.340.14-0.5-0.57-0.520.03
0.190.94-0.480.930.880.810.590.890.150.970.980.890.990.990.940.920.140.950.340.950.680.990.920.99-0.34
0.170.88-0.660.930.870.880.810.840.170.830.860.960.920.930.810.89-0.120.850.270.820.510.920.830.92-0.35
0.290.83-0.260.880.870.740.520.870.160.850.830.80.880.880.720.940.130.830.340.850.780.860.70.85-0.37
0.260.86-0.590.810.880.740.810.70.030.720.770.920.820.830.730.730.10.790.250.780.590.820.760.83-0.31
0.160.61-0.770.590.810.520.810.540.180.410.490.870.580.60.450.56-0.470.520.040.460.160.590.550.59-0.27
0.390.91-0.270.890.840.870.70.540.350.880.860.810.910.90.760.910.010.910.270.910.690.90.840.88-0.38
0.810.29-0.220.150.170.160.030.180.350.160.020.140.140.11-0.070.01-0.50.14-0.780.210.050.130.250.130.51
0.220.94-0.370.970.830.850.720.410.880.160.970.760.980.970.940.880.260.970.350.980.750.970.940.97-0.35
0.090.92-0.390.980.860.830.770.490.860.020.970.830.980.980.980.910.270.960.470.950.710.980.910.98-0.42
0.210.86-0.620.890.960.80.920.870.810.140.760.830.870.890.780.84-0.10.810.250.780.510.880.790.88-0.33
0.20.97-0.460.990.920.880.820.580.910.140.980.980.871.00.930.920.160.980.370.970.721.00.941.0-0.41
0.160.95-0.490.990.930.880.830.60.90.110.970.980.891.00.940.930.130.970.390.960.681.00.931.0-0.43
-0.020.86-0.430.940.810.720.730.450.76-0.070.940.980.780.930.940.820.320.910.480.890.610.950.90.95-0.39
0.070.83-0.290.920.890.940.730.560.910.010.880.910.840.920.930.820.090.890.540.860.710.910.770.9-0.58
-0.090.120.490.14-0.120.130.1-0.470.01-0.50.260.27-0.10.160.130.320.090.180.450.260.510.140.080.15-0.06
0.210.97-0.410.950.850.830.790.520.910.140.970.960.810.980.970.910.890.180.390.990.730.980.960.97-0.48
-0.650.190.160.340.270.340.250.040.27-0.780.350.470.250.370.390.480.540.450.390.310.330.380.220.36-0.84
0.330.98-0.340.950.820.850.780.460.910.210.980.950.780.970.960.890.860.260.990.310.80.960.940.96-0.36
0.430.730.140.680.510.780.590.160.690.050.750.710.510.720.680.610.710.510.730.330.80.680.580.67-0.32
0.170.96-0.50.990.920.860.820.590.90.130.970.980.881.01.00.950.910.140.980.380.960.680.951.0-0.41
0.240.96-0.570.920.830.70.760.550.840.250.940.910.790.940.930.90.770.080.960.220.940.580.950.95-0.33
0.170.96-0.520.990.920.850.830.590.880.130.970.980.881.01.00.950.90.150.970.360.960.671.00.95-0.38
0.47-0.30.03-0.34-0.35-0.37-0.31-0.27-0.380.51-0.35-0.42-0.33-0.41-0.43-0.39-0.58-0.06-0.48-0.84-0.36-0.32-0.41-0.33-0.38
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Panda Dairy Account Relationship Matchups

Panda Dairy fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab25.7M41.9M65.9M51.7M955.2K907.4K
Total Current Liabilities80.9M202.7M217.4M199.4M173.5M148.1M
Net Tangible Assets449.2M717.9M778.7M811.3M933.0M608.8M
Retained Earnings245.3M233.8M292.5M320.9M333.2M262.4M
Accounts Payable23.0M18.5M47.7M40.8M39.6M29.6M
Other Assets13.2M14.0M16.1M12.8M14.7M14.4M
Net Receivables37.5M30.2M34.7M39.0M35.9M38.0M
Inventory64.8M103.6M133.8M176.8M123.6M110.1M
Other Current Assets69.5M93.6M81.4M140.1M2.4M2.3M
Total Current Assets331.7M708.7M724.8M719.2M777.9M565.4M
Property Plant Equipment186.2M201.6M273.8M287.2M330.2M217.1M
Total Assets592.1M983.9M1.1B1.1B1.1B928.3M
Total Stockholder Equity502.3M769.2M827.9M859.2M943.6M750.2M
Cash53.6M194.8M140.5M143.6M261.4M138.6M
Non Current Assets Total260.4M275.1M341.6M359.7M368.5M334.8M
Non Currrent Assets Other2.2M4.0M5.0M1.1M5.1M3.3M
Non Current Liabilities Total718.8K979.1K6.1M4.8M23.6M24.8M
Total Liab81.7M203.7M223.5M204.2M197.1M168.2M
Deferred Long Term Liab26.3K100.6K209.9K112.8K129.8K106.5K
Net Invested Capital518.2M887.6M898.0M949.3M1.0B812.7M
Net Working Capital250.7M506.1M507.4M519.9M604.5M432.2M
Intangible Assets53.1M51.3M49.3M47.9M46.3M39.6M

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Other Information on Investing in Panda Stock

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