PNCINFRA | | | 330.10 22.00 7.14% |
PNC Infratech financial indicator trend analysis is much more than just breaking down PNC Infratech Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PNC Infratech Limited is a good investment. Please check the relationship between PNC Infratech Interest Income and its Minority Interest accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in PNC Infratech 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.
Interest Income vs Minority Interest
Interest Income vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
PNC Infratech Limited Interest Income account and
Minority Interest. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between PNC Infratech's Interest Income and Minority Interest is -0.4. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Minority Interest in the same time period over historical financial statements of PNC Infratech Limited, assuming nothing else is changed. The correlation between historical values of PNC Infratech's Interest Income 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 Interest Income of PNC Infratech Limited 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 Interest Income i.e., PNC Infratech's Interest Income and Minority Interest go up and down completely randomly.
Correlation Coefficient | -0.4 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
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 PNC Infratech Limited whose combined shares represent less than 50% of the total outstanding shares issued by PNC Infratech have a minority interest in PNC Infratech.
Most indicators from PNC Infratech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PNC Infratech 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in PNC Infratech 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.
As of 12/27/2024,
Selling General Administrative is likely to grow to about 4.7
B. Also,
Tax Provision is likely to grow to about 3.6
BPNC Infratech fundamental ratios Correlations
Click cells to compare fundamentals
PNC Infratech Account Relationship Matchups
High Positive Relationship
High Negative Relationship
PNC Infratech fundamental ratios Accounts
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measure PNC Infratech's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PNC Infratech is operating at the current time. Most of PNC Infratech's value examination focuses on studying past and present price action to
predict the probability of PNC Infratech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PNC Infratech's price. Additionally, you may evaluate how the addition of PNC Infratech to your portfolios can decrease your overall portfolio volatility.