MDLZ Stock | | | USD 64.88 0.06 0.09% |
Mondelez International financial indicator trend analysis is infinitely more than just investigating Mondelez International recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mondelez International is a good investment. Please check the relationship between Mondelez International Minority Interest and its Total Operating Expenses accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mondelez International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For more information on how to buy Mondelez Stock please use our
How to Invest in Mondelez International guide.
Minority Interest vs Total Operating Expenses
Minority Interest vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Mondelez International Minority Interest account and
Total Operating Expenses. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Mondelez International's Minority Interest and Total Operating Expenses is -0.21. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Mondelez International, assuming nothing else is changed. The correlation between historical values of Mondelez International's Minority Interest and Total Operating Expenses 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 Mondelez International are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Minority Interest i.e., Mondelez International's Minority Interest and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | -0.21 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
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 Mondelez International whose combined shares represent less than 50% of the total outstanding shares issued by Mondelez International have a minority interest in Mondelez International.
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from Mondelez International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mondelez International 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 Mondelez International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For more information on how to buy Mondelez Stock please use our
How to Invest in Mondelez International guide.At this time, Mondelez International's
Sales General And Administrative To Revenue is fairly stable compared to the past year.
Enterprise Value is likely to rise to about 122.7
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 5.7
B in 2024.
Mondelez International fundamental ratios Correlations
Click cells to compare fundamentals
Mondelez International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mondelez International fundamental ratios Accounts
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