WBS Stock | | | USD 61.78 0.27 0.44% |
Webster Financial financial indicator trend analysis is more than just analyzing Webster Financial current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Webster Financial is a good investment. Please check the relationship between Webster Financial Other Operating Expenses and its Minority Interest accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Webster Financial. 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 labor statistics.
For more information on how to buy Webster Stock please use our
How to Invest in Webster Financial guide.
Other Operating Expenses vs Minority Interest
Other Operating Expenses vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Webster Financial Other Operating Expenses account and
Minority Interest. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Webster Financial's Other Operating Expenses and Minority Interest is -0.33. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Webster Financial, assuming nothing else is changed. The correlation between historical values of Webster Financial's Other Operating Expenses 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 Other Operating Expenses of Webster Financial 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 Other Operating Expenses i.e., Webster Financial's Other Operating Expenses and Minority Interest go up and down completely randomly.
Correlation Coefficient | -0.33 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Webster Financial. It is also known as Webster Financial overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
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 Webster Financial whose combined shares represent less than 50% of the total outstanding shares issued by Webster Financial have a minority interest in Webster Financial.
Most indicators from Webster Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Webster Financial 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Webster Financial. 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 labor statistics.
For more information on how to buy Webster Stock please use our
How to Invest in Webster Financial guide.At this time, Webster Financial's
Selling General Administrative is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 20.05 in 2024, whereas
Tax Provision is likely to drop slightly above 129.5
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Operating Income | 533.9M | 1.0B | 1.1B | 1.1B | Other Operating Expenses | 689.4M | 16.4M | 1.1B | 1.2B |
Webster Financial fundamental ratios Correlations
Click cells to compare fundamentals
Webster Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Webster Financial fundamental ratios Accounts
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Additional Tools for Webster Stock Analysis
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measure Webster Financial'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 Webster Financial is operating at the current time. Most of Webster Financial's value examination focuses on studying past and present price action to
predict the probability of Webster Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Webster Financial's price. Additionally, you may evaluate how the addition of Webster Financial to your portfolios can decrease your overall portfolio volatility.