AIM Stock | | | CAD 2.50 0.04 1.63% |
Aimia financial indicator trend analysis is way more than just evaluating Aimia Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aimia Inc is a good investment. Please check the relationship between Aimia Interest Expense and its Minority Interest accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Aimia Inc. 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.
Interest Expense vs Minority Interest
Interest Expense vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Aimia Inc Interest Expense account and
Minority Interest. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Aimia's Interest Expense and Minority Interest is 0.53. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Aimia Inc, assuming nothing else is changed. The correlation between historical values of Aimia's Interest Expense 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 Interest Expense of Aimia Inc 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 Interest Expense i.e., Aimia's Interest Expense and Minority Interest go up and down completely randomly.
Correlation Coefficient | 0.53 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
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 Aimia Inc whose combined shares represent less than 50% of the total outstanding shares issued by Aimia have a minority interest in Aimia.
Most indicators from Aimia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aimia Inc 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 Aimia Inc. 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.
At this time, Aimia's
Issuance Of Capital Stock is very stable compared to the past year. As of the 29th of November 2024,
Sales General And Administrative To Revenue is likely to grow to 1.14, while
Selling General Administrative is likely to drop about 149.7
M.
Aimia fundamental ratios Correlations
Click cells to compare fundamentals
Aimia Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Aimia fundamental ratios Accounts
Other Information on Investing in Aimia Stock
Balance Sheet is a snapshot of the
financial position of Aimia Inc at a specified time, usually calculated after every quarter, six months, or one year. Aimia Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Aimia 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 Aimia currently owns. An asset can also be divided into two categories, current and non-current.