BW Stock | | | USD 1.98 0.05 2.59% |
Babcock Wilcox financial indicator trend analysis is way more than just evaluating Babcock Wilcox Enter prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Babcock Wilcox Enter is a good investment. Please check the relationship between Babcock Wilcox Other Operating Expenses and its Minority Interest accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Babcock Wilcox Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in housing.
Other Operating Expenses vs Minority Interest
Other Operating Expenses vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Babcock Wilcox Enter Other Operating Expenses account and
Minority Interest. At this time, the significance of the direction appears to have weak relationship.
The correlation between Babcock Wilcox's Other Operating Expenses and Minority Interest is 0.33. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Babcock Wilcox Enterprises, assuming nothing else is changed. The correlation between historical values of Babcock Wilcox's Other 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 Other Operating Expenses of Babcock Wilcox Enterprises 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 Other Operating Expenses i.e., Babcock Wilcox's Other Operating Expenses and Minority Interest go up and down completely randomly.
Correlation Coefficient | 0.33 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Babcock Wilcox Enter. It is also known as Babcock Wilcox overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
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 Babcock Wilcox Enterprises whose combined shares represent less than 50% of the total outstanding shares issued by Babcock Wilcox have a minority interest in Babcock Wilcox.
Most indicators from Babcock Wilcox's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Babcock Wilcox Enter 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 Babcock Wilcox Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in housing.
At this time, Babcock Wilcox's
Discontinued Operations is fairly stable compared to the past year.
Tax Provision is likely to climb to about 12.5
M in 2024, whereas
Issuance Of Capital Stock is likely to drop 0.00 in 2024.
Babcock Wilcox fundamental ratios Correlations
Click cells to compare fundamentals
Babcock Wilcox Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Babcock Wilcox fundamental ratios Accounts
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