| FXPO Stock | | | 109.20 0.20 0.18% |
Ferrexpo PLC financial indicator trend analysis is much more than just examining Ferrexpo PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ferrexpo PLC is a good investment. Please check the relationship between Ferrexpo PLC Minority Interest and its Cost Of Revenue accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ferrexpo PLC. 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.
Minority Interest vs Cost Of Revenue
Minority Interest vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ferrexpo PLC Minority Interest account and
Cost Of Revenue. At this time, the significance of the direction appears to have very week relationship.
The correlation between Ferrexpo PLC's Minority Interest and Cost Of Revenue is 0.28. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Ferrexpo PLC, assuming nothing else is changed. The correlation between historical values of Ferrexpo PLC's Minority Interest and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of Ferrexpo PLC are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Minority Interest i.e., Ferrexpo PLC's Minority Interest and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.28 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
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 Ferrexpo PLC whose combined shares represent less than 50% of the total outstanding shares issued by Ferrexpo PLC have a minority interest in Ferrexpo PLC.
Cost Of Revenue
Cost of Revenue is found on Ferrexpo PLC income statement and represents the costs associated with goods and services Ferrexpo PLC provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from Ferrexpo PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ferrexpo PLC 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ferrexpo PLC. 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.
Selling General Administrative is likely to drop to about 62
M in 2024.
Tax Provision is likely to drop to about 15.5
M in 2024
Ferrexpo PLC fundamental ratios Correlations
Click cells to compare fundamentals
Ferrexpo PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ferrexpo PLC fundamental ratios Accounts
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