Tata Tax Provision vs Minority Interest Analysis

TATACOMM   1,755  10.10  0.58%   
Tata Communications financial indicator trend analysis is much more than just breaking down Tata Communications prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tata Communications is a good investment. Please check the relationship between Tata Communications Tax Provision and its Minority Interest accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tata Communications 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 main economic indicators.

Tax Provision vs Minority Interest

Tax Provision vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tata Communications Tax Provision account and Minority Interest. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Tata Communications' Tax Provision and Minority Interest is -0.11. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Tata Communications Limited, assuming nothing else is changed. The correlation between historical values of Tata Communications' Tax Provision 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 Tax Provision of Tata Communications 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 Tax Provision i.e., Tata Communications' Tax Provision and Minority Interest go up and down completely randomly.

Correlation Coefficient

-0.11
Relationship DirectionNegative 
Relationship StrengthInsignificant

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

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 Tata Communications Limited whose combined shares represent less than 50% of the total outstanding shares issued by Tata Communications have a minority interest in Tata Communications.
Most indicators from Tata Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tata Communications 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 Tata Communications 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 main economic indicators.
At this time, Tata Communications' Discontinued Operations is very stable compared to the past year. As of the 1st of December 2024, Tax Provision is likely to grow to about 3.2 B, while Selling General Administrative is likely to drop about 1.7 B.
 2021 2022 2023 2024 (projected)
Gross Profit105.2B114.6B64.4B62.4B
Total Revenue167.2B178.4B209.7B133.7B

Tata Communications fundamental ratios Correlations

0.490.77-0.420.930.970.61-0.640.990.44-0.220.70.19-0.060.920.18-0.030.050.960.440.10.960.060.250.460.38
0.490.32-0.050.580.51-0.13-0.340.480.080.140.110.06-0.020.420.02-0.41-0.240.430.220.040.510.45-0.210.32-0.05
0.770.32-0.670.60.750.75-0.310.70.49-0.060.720.220.240.560.45-0.27-0.050.840.680.350.76-0.270.230.70.02
-0.42-0.05-0.67-0.37-0.56-0.720.0-0.33-0.59-0.3-0.27-0.25-0.53-0.5-0.240.30.04-0.65-0.670.2-0.590.72-0.61-0.33-0.2
0.930.580.6-0.370.940.47-0.560.930.48-0.070.480.17-0.040.930.0-0.030.10.890.35-0.150.940.20.260.390.38
0.970.510.75-0.560.940.63-0.590.940.5-0.10.620.230.050.950.12-0.1-0.020.980.51-0.021.0-0.030.350.440.42
0.61-0.130.75-0.720.470.63-0.080.520.720.130.50.210.50.560.33-0.050.10.730.750.060.66-0.430.610.440.17
-0.64-0.34-0.310.0-0.56-0.59-0.08-0.70.190.71-0.660.220.55-0.6-0.13-0.20.27-0.520.1-0.22-0.55-0.190.06-0.25-0.6
0.990.480.7-0.330.930.940.52-0.70.34-0.320.690.2-0.20.910.140.070.090.930.30.070.930.140.230.390.45
0.440.080.49-0.590.480.50.720.190.340.61-0.020.110.770.48-0.13-0.210.280.540.75-0.180.54-0.290.560.4-0.09
-0.220.14-0.06-0.3-0.07-0.10.130.71-0.320.61-0.610.140.85-0.11-0.13-0.520.01-0.090.53-0.35-0.05-0.190.170.0-0.54
0.70.110.72-0.270.480.620.5-0.660.69-0.02-0.61-0.05-0.330.50.470.08-0.150.660.30.530.61-0.14-0.120.530.28
0.190.060.22-0.250.170.230.210.220.20.110.14-0.050.120.20.020.030.20.270.01-0.380.18-0.060.35-0.450.18
-0.06-0.020.24-0.53-0.040.050.50.55-0.20.770.85-0.330.12-0.010.05-0.51-0.090.110.76-0.160.1-0.390.40.21-0.38
0.920.420.56-0.50.930.950.56-0.60.910.48-0.110.50.2-0.010.010.030.090.920.38-0.220.95-0.030.420.230.56
0.180.020.45-0.240.00.120.33-0.130.14-0.13-0.130.470.020.050.01-0.28-0.430.220.340.230.12-0.16-0.150.24-0.15
-0.03-0.41-0.270.3-0.03-0.1-0.05-0.20.07-0.21-0.520.080.03-0.510.03-0.280.49-0.1-0.55-0.15-0.130.080.15-0.290.48
0.05-0.24-0.050.040.1-0.020.10.270.090.280.01-0.150.2-0.090.09-0.430.490.04-0.23-0.28-0.01-0.080.32-0.150.17
0.960.430.84-0.650.890.980.73-0.520.930.54-0.090.660.270.110.920.22-0.10.040.560.010.98-0.150.390.460.38
0.440.220.68-0.670.350.510.750.10.30.750.530.30.010.760.380.34-0.55-0.230.560.190.55-0.40.220.59-0.27
0.10.040.350.2-0.15-0.020.06-0.220.07-0.18-0.350.53-0.38-0.16-0.220.23-0.15-0.280.010.19-0.010.07-0.480.58-0.42
0.960.510.76-0.590.941.00.66-0.550.930.54-0.050.610.180.10.950.12-0.13-0.010.980.55-0.01-0.050.350.480.37
0.060.45-0.270.720.2-0.03-0.43-0.190.14-0.29-0.19-0.14-0.06-0.39-0.03-0.160.08-0.08-0.15-0.40.07-0.05-0.34-0.04-0.1
0.25-0.210.23-0.610.260.350.610.060.230.560.17-0.120.350.40.42-0.150.150.320.390.22-0.480.35-0.34-0.110.49
0.460.320.7-0.330.390.440.44-0.250.390.40.00.53-0.450.210.230.24-0.29-0.150.460.590.580.48-0.04-0.11-0.3
0.38-0.050.02-0.20.380.420.17-0.60.45-0.09-0.540.280.18-0.380.56-0.150.480.170.38-0.27-0.420.37-0.10.49-0.3
Click cells to compare fundamentals

Tata Communications Account Relationship Matchups

Tata Communications fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets221.6B213.3B196.7B205.5B245.6B179.3B
Other Current Liab18.2B25.8B2.2B20.2B20.4B14.3B
Total Current Liabilities113.7B77.7B84.3B97.9B136.7B69.0B
Total Stockholder Equity(12.8B)1.2B9.3B15.2B17.9B26.6B
Property Plant And Equipment Net109.0B99.4B97.0B94.6B97.1B86.0B
Net Debt115.6B105.8B84.2B75.7B105.3B63.0B
Accounts Payable38.4B32.4B30.1B32.8B36.6B26.2B
Cash8.5B8.2B7.0B10.0B7.3B6.2B
Non Current Assets Total162.2B155.0B148.0B147.4B185.6B125.3B
Non Currrent Assets Other23.0B26.2B20.6B19.4B19.6B20.5B
Cash And Short Term Investments15.7B22.1B11.7B19.7B9.4B13.7B
Net Receivables32.3B26.1B28.4B29.9B37.6B29.6B
Short Term Investments7.2B13.9B4.8B9.6B2.0B1.9B
Liabilities And Stockholders Equity221.6B213.3B196.7B205.5B245.6B179.3B
Non Current Liabilities Total120.6B134.2B102.8B92.2B91.0B82.9B
Inventory729.7M344.4M378.8M1.6B835.4M456.0M
Other Current Assets11.3B10.9B8.2B6.9B12.3B17.5B
Other Stockholder Equity198.1B(8.2B)36.9B7.3B7.3B6.9B
Total Liab234.4B211.9B187.1B190.0B227.7B142.6B
Total Current Assets59.4B58.4B48.7B58.1B60.0B54.1B
Short Long Term Debt Total124.1B113.9B91.7B87.1B112.6B80.7B
Retained Earnings(52.5B)(41.1B)(31.6B)(19.6B)(16.6B)(15.7B)
Other Assets24.3B25.8B29.3B22.7B4.9B0.95
Accumulated Other Comprehensive Income(189.9B)32.2B30.8B24.6B24.3B25.5B
Short Term Debt42.8B13.8B21.7B28.0B57.0B59.8B
Current Deferred Revenue29.9B29.8B30.3B16.9B11.4B16.9B
Intangible Assets17.4B15.7B15.9B16.8B29.2B30.6B
Good Will918.4M1.1B1.1B1.2B17.8B18.7B
Other Liab38.4B33.8B33.3B34.4B30.9B32.1B
Net Tangible Assets(31.1B)(15.7B)(7.7B)(2.7B)(2.5B)(2.6B)
Long Term Debt68.0B88.9B59.9B50.1B47.5B56.9B
Short Long Term Debt39.2B9.1B19.1B25.2B53.7B31.0B
Property Plant Equipment109.0B99.4B97.0B94.6B85.1B88.9B
Long Term Debt Total81.9B100.4B70.0B59.1B53.2B60.9B
Non Current Liabilities Other40.1M28.0B26.1B25.8B24.3B14.6B
Cash And Equivalents170.8M285.9M132.4M10.6B12.2B12.8B
Capital Lease Obligations16.9B14.4B12.2B10.4B11.5B10.3B
Net Invested Capital94.4B99.2B88.2B90.5B119.0B107.4B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Tata Stock

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