BFUTILITIE | | | 986.15 2.20 0.22% |
BF Utilities financial indicator trend analysis is way more than just evaluating BF Utilities Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BF Utilities Limited is a good investment. Please check the relationship between BF Utilities Income Before Tax and its Minority Interest accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in BF Utilities Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
Income Before Tax vs Minority Interest
Income Before Tax vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BF Utilities Limited Income Before Tax account and
Minority Interest. At this time, the significance of the direction appears to have pay attention.
The correlation between BF Utilities' Income Before Tax and Minority Interest is -0.83. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Minority Interest in the same time period over historical financial statements of BF Utilities Limited, assuming nothing else is changed. The correlation between historical values of BF Utilities' Income Before Tax 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 Income Before Tax of BF Utilities Limited 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 Income Before Tax i.e., BF Utilities' Income Before Tax and Minority Interest go up and down completely randomly.
Correlation Coefficient | -0.83 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on BF Utilities income statement and is an important metric when analyzing BF Utilities Limited profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
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 BF Utilities Limited whose combined shares represent less than 50% of the total outstanding shares issued by BF Utilities have a minority interest in BF Utilities.
Most indicators from BF Utilities' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BF Utilities Limited 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 BF Utilities Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
The BF Utilities' current
Tax Provision is estimated to increase to about 208.2
M, while
Selling General Administrative is projected to decrease to under 5.6
M.
BF Utilities fundamental ratios Correlations
Click cells to compare fundamentals
BF Utilities Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BF Utilities fundamental ratios Accounts
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Other Information on Investing in BFUTILITIE Stock
Balance Sheet is a snapshot of the
financial position of BF Utilities Limited at a specified time, usually calculated after every quarter, six months, or one year. BF Utilities Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of BF Utilities 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 BFUTILITIE currently owns. An asset can also be divided into two categories, current and non-current.