NWTN Minority Interest vs Operating Income Analysis
| NWTN Stock | 1.24 0.08 6.90% |
NWTN financial indicator trend analysis is infinitely more than just investigating NWTN Class B recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NWTN Class B is a good investment. Please check the relationship between NWTN Minority Interest and its Operating Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NWTN Class B. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Minority Interest vs Operating Income
Minority Interest vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NWTN Class B Minority Interest account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between NWTN's Minority Interest and Operating Income is 0.97. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Operating Income in the same time period over historical financial statements of NWTN Class B, assuming nothing else is changed. The correlation between historical values of NWTN's Minority Interest and Operating 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 NWTN Class B are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Minority Interest i.e., NWTN's Minority Interest and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.97 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
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 NWTN Class B whose combined shares represent less than 50% of the total outstanding shares issued by NWTN have a minority interest in NWTN.Operating Income
Operating Income is the amount of profit realized from NWTN Class B operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of NWTN Class B is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most indicators from NWTN's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NWTN Class B 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 NWTN Class B. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At this time, NWTN's Tax Provision is very stable compared to the past year. As of the 28th of November 2024, Issuance Of Capital Stock is likely to grow to about 483 M, while Selling General Administrative is likely to drop about 15.5 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 10.8M | 40.4M | 46.5M | 48.8M | Depreciation And Amortization | 16.2K | 748.6K | 860.9K | 903.9K |
NWTN fundamental ratios Correlations
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NWTN Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NWTN fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 139.4M | 13.9M | 13.9M | 350.2M | 402.7M | 422.9M | |
| Other Current Liab | 38.4K | 190.4M | 28.5M | 34.2M | 39.3M | 55.7M | |
| Total Current Liabilities | 38.4K | 221.9M | 69.4M | 63.1M | 72.6M | 78.0M | |
| Total Stockholder Equity | 139.0M | (195.4M) | (52.5M) | 280.8M | 322.9M | 339.1M | |
| Net Debt | (389.4K) | 23.3M | 25.4M | (189.1M) | (170.2M) | (161.7M) | |
| Retained Earnings | 536.2K | (239.1M) | (251.5M) | (292.2M) | (263.0M) | (249.9M) | |
| Cash | 389.4K | 3.3K | 21.3K | 211.9M | 243.6M | 255.8M | |
| Non Current Assets Total | 138.8M | 48.7K | 33.5K | 109.9M | 126.4M | 132.7M | |
| Cash And Short Term Investments | 389.4K | 3.3K | 21.3K | 211.9M | 243.6M | 255.8M | |
| Liabilities And Stockholders Equity | 139.4M | 13.9M | 13.9M | 350.2M | 402.7M | 422.9M | |
| Total Liab | 440.9K | 221.9M | 69.4M | 72.0M | 82.8M | 80.0M | |
| Total Current Assets | 591.8K | 13.8M | 13.9M | 240.3M | 276.3M | 290.1M |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NWTN Class B. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Automotive Parts & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NWTN. If investors know NWTN will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NWTN listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.35) | Revenue Per Share 0.002 | Return On Assets (0.33) | Return On Equity (1.29) |
The market value of NWTN Class B is measured differently than its book value, which is the value of NWTN that is recorded on the company's balance sheet. Investors also form their own opinion of NWTN's value that differs from its market value or its book value, called intrinsic value, which is NWTN's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NWTN's market value can be influenced by many factors that don't directly affect NWTN's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NWTN's value and its price as these two are different measures arrived at by different means. Investors typically determine if NWTN is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NWTN's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.