Larsen Minority Interest vs Net Income Analysis

LT Stock   3,758  49.05  1.29%   
Larsen Toubro financial indicator trend analysis is infinitely more than just investigating Larsen Toubro Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Larsen Toubro Limited is a good investment. Please check the relationship between Larsen Toubro Minority Interest and its Net Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Larsen Toubro 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 board of governors.

Minority Interest vs Net Income

Minority Interest vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Larsen Toubro Limited Minority Interest account and Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Larsen Toubro's Minority Interest and Net Income is -0.17. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Net Income in the same time period over historical financial statements of Larsen Toubro Limited, assuming nothing else is changed. The correlation between historical values of Larsen Toubro's Minority Interest and Net Income 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 Larsen Toubro Limited are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Minority Interest i.e., Larsen Toubro's Minority Interest and Net Income go up and down completely randomly.

Correlation Coefficient

-0.17
Relationship DirectionNegative 
Relationship StrengthInsignificant

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 Larsen Toubro Limited whose combined shares represent less than 50% of the total outstanding shares issued by Larsen Toubro have a minority interest in Larsen Toubro.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Larsen Toubro Limited financial statement analysis. It represents the amount of money remaining after all of Larsen Toubro Limited operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Larsen Toubro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Larsen Toubro 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Larsen Toubro 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 board of governors.
The current year's Selling General Administrative is expected to grow to about 588.6 B. The current year's Tax Provision is expected to grow to about 51.9 B
 2021 2022 2023 2024 (projected)
Gross Profit559.3B667.3B779.0B818.0B
Total Revenue1.6T1.8T2.2T2.3T

Larsen Toubro fundamental ratios Correlations

0.830.210.990.98-0.040.80.90.790.290.860.77-0.780.640.740.53-0.310.860.980.540.470.920.830.910.920.62
0.830.170.750.740.051.00.70.960.70.570.91-0.490.890.780.18-0.390.980.770.620.560.630.510.90.880.41
0.210.170.160.230.350.140.330.220.00.32-0.17-0.340.190.320.590.410.20.19-0.080.490.170.310.170.19-0.51
0.990.750.160.99-0.130.720.910.70.170.890.73-0.780.510.690.58-0.340.810.990.570.360.950.870.90.920.67
0.980.740.230.99-0.10.710.940.680.170.940.7-0.810.50.690.61-0.250.811.00.540.350.960.920.890.910.59
-0.040.050.35-0.13-0.10.07-0.170.250.05-0.17-0.040.030.320.41-0.150.410.05-0.15-0.630.64-0.22-0.17-0.17-0.19-0.36
0.81.00.140.720.710.070.640.960.730.510.9-0.450.910.770.13-0.40.960.730.580.570.590.450.870.850.42
0.90.70.330.910.94-0.170.640.60.150.960.65-0.820.420.640.61-0.260.760.940.620.30.90.920.880.890.39
0.790.960.220.70.680.250.960.60.660.490.85-0.390.930.80.14-0.240.950.690.470.720.570.430.80.810.36
0.290.70.00.170.170.050.730.150.66-0.020.64-0.090.810.34-0.35-0.260.590.190.310.420.05-0.080.390.370.02
0.860.570.320.890.94-0.170.510.960.49-0.020.55-0.790.270.590.67-0.130.660.930.510.210.930.990.790.830.4
0.770.91-0.170.730.7-0.040.90.650.850.640.55-0.40.750.73-0.07-0.490.90.730.640.390.610.50.850.830.52
-0.78-0.49-0.34-0.78-0.810.03-0.45-0.82-0.39-0.09-0.79-0.4-0.35-0.44-0.590.2-0.49-0.8-0.23-0.32-0.76-0.76-0.62-0.59-0.35
0.640.890.190.510.50.320.910.420.930.810.270.75-0.350.67-0.03-0.220.820.510.280.750.370.220.610.60.24
0.740.780.320.690.690.410.770.640.80.340.590.73-0.440.670.2-0.180.810.690.340.640.580.560.750.720.2
0.530.180.590.580.61-0.150.130.610.14-0.350.67-0.07-0.59-0.030.20.050.280.60.20.040.650.680.410.480.24
-0.31-0.390.41-0.34-0.250.41-0.4-0.26-0.24-0.26-0.13-0.490.2-0.22-0.180.05-0.35-0.33-0.490.11-0.33-0.09-0.46-0.38-0.53
0.860.980.20.810.810.050.960.760.950.590.660.9-0.490.820.810.28-0.350.820.630.540.710.610.930.940.43
0.980.770.190.991.0-0.150.730.940.690.190.930.73-0.80.510.690.6-0.330.820.580.330.960.90.910.930.62
0.540.62-0.080.570.54-0.630.580.620.470.310.510.64-0.230.280.340.2-0.490.630.58-0.060.530.460.760.750.42
0.470.560.490.360.350.640.570.30.720.420.210.39-0.320.750.640.040.110.540.33-0.060.240.180.360.33-0.08
0.920.630.170.950.96-0.220.590.90.570.050.930.61-0.760.370.580.65-0.330.710.960.530.240.920.820.870.63
0.830.510.310.870.92-0.170.450.920.43-0.080.990.5-0.760.220.560.68-0.090.610.90.460.180.920.750.790.4
0.910.90.170.90.89-0.170.870.880.80.390.790.85-0.620.610.750.41-0.460.930.910.760.360.820.750.970.52
0.920.880.190.920.91-0.190.850.890.810.370.830.83-0.590.60.720.48-0.380.940.930.750.330.870.790.970.54
0.620.41-0.510.670.59-0.360.420.390.360.020.40.52-0.350.240.20.24-0.530.430.620.42-0.080.630.40.520.54
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Larsen Toubro Account Relationship Matchups

Larsen Toubro fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.1T3.1T3.2T3.3T3.4T3.6T
Short Long Term Debt Total1.4T1.3T1.3T1.2T1.2T693.9B
Other Current Liab6.7B396.0B444.3B143.1B158.4B150.4B
Total Current Liabilities1.4T1.4T1.6T1.6T1.8T1.9T
Total Stockholder Equity667.2B758.7B824.1B893.3B863.6B906.8B
Property Plant And Equipment Net155.6B138.0B137.4B164.2B184.8B144.0B
Net Debt1.3T1.2T1.1T1.0T1.0T637.4B
Cash113.2B133.7B137.7B169.3B119.6B125.6B
Non Current Assets Total1.3T1.2T1.1T1.1T1.2T713.4B
Non Currrent Assets Other710.1B635.9B585.8B515.4B58.2B55.3B
Cash And Short Term Investments259.0B450.0B460.2B630.2B486.3B510.6B
Net Receivables1.5T906.9B995.5B1.5T1.1T659.7B
Common Stock Shares Outstanding1.2B1.2B1.2B1.2B1.4B1.1B
Liabilities And Stockholders Equity3.1T3.1T3.2T3.3T3.4T3.6T
Non Current Liabilities Total871.7B859.5B652.4B647.2B604.8B482.2B
Inventory57.5B58.2B59.4B68.3B66.2B50.8B
Other Current Assets2.3B534.6B558.5B69.6B525.1B551.4B
Other Stockholder Equity(571.7B)50.9B87.2B87.7B65.9B52.6B
Total Liab2.3T2.2T2.2T2.3T2.4T1.2T
Total Current Assets1.8T1.9T2.1T2.2T2.2T2.3T
Common Stock2.8B2.8B2.8B2.8B2.7B1.9B
Intangible Assets196.8B193.1B188.1B181.2B175.3B171.2B
Retained Earnings527.3B610.6B671.4B745.2B794.9B834.6B
Short Term Investments145.8B316.3B322.5B461.0B366.7B385.1B
Accumulated Other Comprehensive Income(74.1B)58.6B62.7B57.5B65.4B68.7B
Short Term Debt591.0B508.9B622.6B577.9B580.8B371.3B
Accounts Payable436.4B457.5B513.7B497.8B532.9B345.2B
Current Deferred Revenue413.1B97.4B113.9B123.3B475.2B499.0B
Good Will80.1B80.7B74.8B78.0B78.0B48.2B
Other Liab12.2B30.9B22.1B19.9B17.9B20.7B
Net Tangible Assets390.3B484.9B561.2B634.0B729.1B432.9B
Other Assets162.6B127.8B9.3M2.0B(10.1B)(9.6B)
Long Term Debt586.2B885.6B616.2B612.2B565.1B723.1B
Deferred Long Term Liab18.5M13.6M8.6M3.7M3.3M3.2M
Short Long Term Debt586.8B504.9B618.5B573.0B575.3B499.2B
Property Plant Equipment155.6B138.0B137.4B6.6B5.9B5.6B
Long Term Debt Total3.3B4.0B4.3B3.7B4.3B2.4B
Capital Surpluse11.0B11.2B11.4B11.5B13.2B12.1B
Capital Lease Obligations21.7B20.2B20.4B21.4B22.8B14.6B

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Other Information on Investing in Larsen Stock

Balance Sheet is a snapshot of the financial position of Larsen Toubro Limited at a specified time, usually calculated after every quarter, six months, or one year. Larsen Toubro Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Larsen Toubro 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 Larsen currently owns. An asset can also be divided into two categories, current and non-current.