Guaranty Income Tax Expense vs Minority Interest Analysis

GTCO Stock   1.79  0.06  3.24%   
Guaranty Trust financial indicator trend analysis is much more than just examining Guaranty Trust Holding latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guaranty Trust Holding is a good investment. Please check the relationship between Guaranty Trust Income Tax Expense and its Minority Interest accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guaranty Trust Holding. 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.

Income Tax Expense vs Minority Interest

Income Tax Expense vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guaranty Trust Holding Income Tax Expense account and Minority Interest. At this time, the significance of the direction appears to have pay attention.
The correlation between Guaranty Trust's Income Tax Expense and Minority Interest is -0.8. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Guaranty Trust Holding, assuming nothing else is changed. The correlation between historical values of Guaranty Trust's Income Tax 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 Income Tax Expense of Guaranty Trust Holding 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 Tax Expense i.e., Guaranty Trust's Income Tax Expense and Minority Interest go up and down completely randomly.

Correlation Coefficient

-0.8
Relationship DirectionNegative 
Relationship StrengthSignificant

Income Tax Expense

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 Guaranty Trust Holding whose combined shares represent less than 50% of the total outstanding shares issued by Guaranty Trust have a minority interest in Guaranty Trust.
Most indicators from Guaranty Trust's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guaranty Trust Holding 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guaranty Trust Holding. 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.
Discontinued Operations is likely to drop to about (15.5 M) in 2024. Tax Provision is likely to drop to about 54.4 B in 2024
 2021 2022 2023 2024 (projected)
Tax Provision46.7B45.0B69.7B54.4B
Income Tax Expense46.7B45.0B51.7B42.7B

Guaranty Trust fundamental ratios Correlations

0.870.960.860.73-0.360.87-0.03-0.710.820.320.88-0.790.810.890.850.930.940.94-0.870.90.870.850.98-0.790.61
0.870.850.990.85-0.050.99-0.05-0.610.970.490.99-0.490.950.840.80.870.890.85-0.610.850.820.820.89-0.490.48
0.960.850.850.74-0.350.87-0.15-0.490.810.330.86-0.770.810.860.810.840.890.91-0.830.860.820.810.89-0.770.61
0.860.990.850.88-0.071.0-0.15-0.550.980.560.97-0.530.980.820.780.870.850.8-0.640.820.810.80.88-0.530.5
0.730.850.740.880.270.86-0.24-0.460.880.620.8-0.380.90.50.430.70.590.64-0.50.510.480.450.76-0.380.1
-0.36-0.05-0.35-0.070.27-0.1-0.10.220.020.1-0.070.75-0.02-0.56-0.63-0.41-0.42-0.260.67-0.54-0.6-0.59-0.310.75-0.87
0.870.990.871.00.86-0.1-0.17-0.560.970.530.97-0.540.980.840.80.880.870.82-0.650.840.830.820.88-0.540.52
-0.03-0.05-0.15-0.15-0.24-0.1-0.17-0.110.010.21-0.010.01-0.290.020.03-0.01-0.01-0.040.020.020.030.03-0.040.010.07
-0.71-0.61-0.49-0.55-0.460.22-0.56-0.11-0.48-0.1-0.590.52-0.52-0.65-0.61-0.81-0.69-0.660.62-0.65-0.65-0.62-0.820.52-0.35
0.820.970.810.980.880.020.970.01-0.480.650.96-0.450.940.750.710.810.790.76-0.570.760.740.730.82-0.450.42
0.320.490.330.560.620.10.530.21-0.10.650.41-0.320.570.210.230.440.180.07-0.370.210.280.230.37-0.320.2
0.880.990.860.970.8-0.070.97-0.01-0.590.960.41-0.470.910.860.810.840.920.89-0.590.870.830.830.88-0.470.49
-0.79-0.49-0.77-0.53-0.380.75-0.540.010.52-0.45-0.32-0.47-0.5-0.73-0.74-0.79-0.67-0.60.99-0.72-0.76-0.71-0.761.0-0.78
0.810.950.810.980.9-0.020.98-0.29-0.520.940.570.91-0.50.750.720.840.780.73-0.610.750.750.730.84-0.50.45
0.890.840.860.820.5-0.560.840.02-0.650.750.210.86-0.730.750.990.90.980.88-0.791.00.990.990.88-0.730.83
0.850.80.810.780.43-0.630.80.03-0.610.710.230.81-0.740.720.990.890.940.82-0.790.991.01.00.83-0.740.89
0.930.870.840.870.7-0.410.88-0.01-0.810.810.440.84-0.790.840.90.890.90.81-0.880.90.920.890.98-0.790.69
0.940.890.890.850.59-0.420.87-0.01-0.690.790.180.92-0.670.780.980.940.90.96-0.750.980.950.960.91-0.670.71
0.940.850.910.80.64-0.260.82-0.04-0.660.760.070.89-0.60.730.880.820.810.96-0.680.890.820.830.89-0.60.52
-0.87-0.61-0.83-0.64-0.50.67-0.650.020.62-0.57-0.37-0.590.99-0.61-0.79-0.79-0.88-0.75-0.68-0.79-0.82-0.77-0.850.99-0.76
0.90.850.860.820.51-0.540.840.02-0.650.760.210.87-0.720.751.00.990.90.980.89-0.790.990.990.88-0.720.82
0.870.820.820.810.48-0.60.830.03-0.650.740.280.83-0.760.750.991.00.920.950.82-0.820.991.00.87-0.760.87
0.850.820.810.80.45-0.590.820.03-0.620.730.230.83-0.710.730.991.00.890.960.83-0.770.991.00.84-0.710.87
0.980.890.890.880.76-0.310.88-0.04-0.820.820.370.88-0.760.840.880.830.980.910.89-0.850.880.870.84-0.760.58
-0.79-0.49-0.77-0.53-0.380.75-0.540.010.52-0.45-0.32-0.471.0-0.5-0.73-0.74-0.79-0.67-0.60.99-0.72-0.76-0.71-0.76-0.78
0.610.480.610.50.1-0.870.520.07-0.350.420.20.49-0.780.450.830.890.690.710.52-0.760.820.870.870.58-0.78
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Guaranty Trust Account Relationship Matchups

Guaranty Trust fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab44.6B83.1B119.3B278.9B320.7B336.7B
Total Current Liabilities2.8T3.8T4.4T5.0T5.8T4.1T
Other Liab182.8B273.4B119.1B443.1B509.6B535.1B
Net Tangible Assets653.4B778.7B844.8B882.6B1.0T815.5B
Retained Earnings526.6B642.4B710.1B765.4B580.0B667.1B
Accounts Payable2.7T3.6T4.2T4.7T102.2B97.0B
Other Assets1.5T1.7T1.9T2.0T2.3T1.8T
Net Receivables22.8B83.0B77.1B70.9B81.6B74.1B
Inventory11.0B14.9B2.4B3.5B3.2B3.0B
Other Current Assets517.5B1.1T1.1T1.2T1.4T966.7B
Other Stockholder Equity15.4B24.9B24.2B16.6B19.1B21.6B
Total Current Assets1.3T2.0T2.2T3.0T3.5T2.1T
Property Plant Equipment165.4B175.2B204.0B197.9B227.5B187.9B

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