603999 Stock | | | 6.34 0.08 1.25% |
Duzhe Publishing financial indicator trend analysis is much more than just examining Duzhe Publishing Media latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Duzhe Publishing Media is a good investment. Please check the relationship between Duzhe Publishing Ebitda and its Minority Interest accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Duzhe Publishing 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 nation.
Ebitda vs Minority Interest
Ebitda vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Duzhe Publishing Media Ebitda account and
Minority Interest. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Duzhe Publishing's Ebitda and Minority Interest is -0.65. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Duzhe Publishing Media, assuming nothing else is changed. The correlation between historical values of Duzhe Publishing's Ebitda 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 Ebitda of Duzhe Publishing Media 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 Ebitda i.e., Duzhe Publishing's Ebitda and Minority Interest go up and down completely randomly.
Correlation Coefficient | -0.65 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Ebitda
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 Duzhe Publishing Media whose combined shares represent less than 50% of the total outstanding shares issued by Duzhe Publishing have a minority interest in Duzhe Publishing.
Most indicators from Duzhe Publishing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Duzhe Publishing 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Duzhe Publishing 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 nation.
As of November 28, 2024,
Selling General Administrative is expected to decline to about 90.5
M. The current year's
Tax Provision is expected to grow to about (18.8
M)
Duzhe Publishing fundamental ratios Correlations
Click cells to compare fundamentals
Duzhe Publishing Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Duzhe Publishing fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Duzhe Stock
Balance Sheet is a snapshot of the
financial position of Duzhe Publishing Media at a specified time, usually calculated after every quarter, six months, or one year. Duzhe Publishing Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Duzhe Publishing 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 Duzhe currently owns. An asset can also be divided into two categories, current and non-current.