Sun Operating Income vs Minority Interest Analysis
| SRES Stock | CAD 0.05 0.0009 1.83% |
Sun Residential financial indicator trend analysis is much more than just breaking down Sun Residential Real prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sun Residential Real is a good investment. Please check the relationship between Sun Residential Operating Income and its Minority Interest accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sun Residential Real. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Operating Income vs Minority Interest
Operating Income vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sun Residential Real Operating Income account and Minority Interest. At this time, the significance of the direction appears to have pay attention.
The correlation between Sun Residential's Operating Income and Minority Interest is -0.85. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Sun Residential Real, assuming nothing else is changed. The correlation between historical values of Sun Residential's Operating 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 Operating Income of Sun Residential Real 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 Operating Income i.e., Sun Residential's Operating Income and Minority Interest go up and down completely randomly.
Correlation Coefficient | -0.85 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Operating Income
Operating Income is the amount of profit realized from Sun Residential Real 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 Sun Residential Real 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.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 Sun Residential Real whose combined shares represent less than 50% of the total outstanding shares issued by Sun Residential have a minority interest in Sun Residential.Most indicators from Sun Residential's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sun Residential Real 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sun Residential Real. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. Tax Provision is likely to climb to about (1.3 M) in 2024. Selling General Administrative is likely to drop to about 360 K in 2024
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.9M | 3.0M | 3.1M | 3.1M | Total Revenue | 4.9M | 5.5M | 5.8M | 5.6M |
Sun Residential fundamental ratios Correlations
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Sun Residential Account Relationship Matchups
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Additional Tools for Sun Stock Analysis
When running Sun Residential's price analysis, check to measure Sun Residential'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 Sun Residential is operating at the current time. Most of Sun Residential's value examination focuses on studying past and present price action to predict the probability of Sun Residential's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sun Residential's price. Additionally, you may evaluate how the addition of Sun Residential to your portfolios can decrease your overall portfolio volatility.