JPMorgan Minority Interest vs Income Before Tax Analysis

JPM Stock  USD 193.49  0.12  0.06%   
JPMorgan Chase financial indicator trend analysis is infinitely more than just investigating JPMorgan Chase recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JPMorgan Chase is a good investment. Please check the relationship between JPMorgan Chase Minority Interest and its Income Before Tax accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JPMorgan Chase Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

Minority Interest vs Income Before Tax

Minority Interest vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JPMorgan Chase Minority Interest account and Income Before Tax. At this time, the significance of the direction appears to have pay attention.
The correlation between JPMorgan Chase's Minority Interest and Income Before Tax is -0.73. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of JPMorgan Chase Co, assuming nothing else is changed. The correlation between historical values of JPMorgan Chase's Minority Interest and Income Before Tax 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 JPMorgan Chase Co are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Minority Interest i.e., JPMorgan Chase's Minority Interest and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.73
Relationship DirectionNegative 
Relationship StrengthWeak

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 JPMorgan Chase Co whose combined shares represent less than 50% of the total outstanding shares issued by JPMorgan Chase have a minority interest in JPMorgan Chase.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on JPMorgan Chase income statement and is an important metric when analyzing JPMorgan Chase profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from JPMorgan Chase's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JPMorgan Chase 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JPMorgan Chase Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
At this time, JPMorgan Chase's Selling General Administrative is very stable compared to the past year. As of the 28th of April 2024, Sales General And Administrative To Revenue is likely to grow to 0.36, while Issuance Of Capital Stock is likely to drop 0.00.
 2021 2022 2023 2024 (projected)
Operating Income60.0B46.4B61.6B64.7B
Other Operating Expenses71.3B76.1B87.2B91.5B

JPMorgan Chase fundamental ratios Correlations

0.40.860.160.510.180.310.110.190.11-0.510.290.60.710.380.590.390.170.130.48-0.740.90.870.47-0.550.5
0.40.630.380.960.94-0.550.930.870.4-0.30.60.490.60.09-0.461.00.940.490.34-0.720.730.77-0.52-0.150.28
0.860.630.50.690.45-0.020.410.480.47-0.680.20.770.870.280.190.630.450.480.58-0.90.940.910.11-0.270.38
0.160.380.50.280.42-0.260.30.410.98-0.76-0.50.730.66-0.19-0.250.390.420.970.54-0.70.30.26-0.350.51-0.01
0.510.960.690.280.87-0.450.90.830.31-0.260.650.470.560.13-0.340.950.870.380.28-0.710.810.84-0.39-0.320.18
0.180.940.450.420.87-0.580.940.80.45-0.250.490.370.47-0.05-0.650.941.00.520.21-0.610.560.61-0.75-0.010.17
0.31-0.55-0.02-0.26-0.45-0.58-0.65-0.85-0.3-0.06-0.23-0.22-0.030.210.7-0.56-0.59-0.420.120.160.0-0.050.67-0.270.18
0.110.930.410.30.90.94-0.650.840.34-0.10.590.260.35-0.01-0.710.930.940.40.14-0.50.510.57-0.71-0.050.02
0.190.870.480.410.830.8-0.850.840.43-0.220.430.520.44-0.04-0.510.880.80.550.2-0.590.510.55-0.530.010.06
0.110.40.470.980.310.45-0.30.340.43-0.77-0.490.740.64-0.22-0.330.410.460.970.46-0.680.280.24-0.420.53-0.08
-0.51-0.3-0.68-0.76-0.26-0.25-0.06-0.1-0.22-0.770.36-0.91-0.86-0.27-0.13-0.31-0.25-0.69-0.430.81-0.51-0.430.03-0.37-0.12
0.290.60.2-0.50.650.49-0.230.590.43-0.490.36-0.180.030.33-0.150.590.49-0.4-0.1-0.10.460.53-0.13-0.590.31
0.60.490.770.730.470.37-0.220.260.520.74-0.91-0.180.840.160.110.490.380.740.43-0.880.640.58-0.050.170.13
0.710.60.870.660.560.47-0.030.350.440.64-0.860.030.840.390.110.60.470.620.59-0.940.790.74-0.020.110.36
0.380.090.28-0.190.13-0.050.21-0.01-0.04-0.22-0.270.330.160.390.30.09-0.05-0.32-0.18-0.270.30.270.250.060.09
0.59-0.460.19-0.25-0.34-0.650.7-0.71-0.51-0.33-0.13-0.150.110.110.3-0.47-0.65-0.340.14-0.040.190.130.94-0.430.33
0.391.00.630.390.950.94-0.560.930.880.41-0.310.590.490.60.09-0.470.940.50.34-0.720.720.76-0.53-0.130.29
0.170.940.450.420.871.0-0.590.940.80.46-0.250.490.380.47-0.05-0.650.940.530.21-0.610.560.6-0.75-0.010.17
0.130.490.480.970.380.52-0.420.40.550.97-0.69-0.40.740.62-0.32-0.340.50.530.52-0.690.320.29-0.430.440.02
0.480.340.580.540.280.210.120.140.20.46-0.43-0.10.430.59-0.180.140.340.210.52-0.540.50.490.17-0.10.45
-0.74-0.72-0.9-0.7-0.71-0.610.16-0.5-0.59-0.680.81-0.1-0.88-0.94-0.27-0.04-0.72-0.61-0.69-0.54-0.85-0.820.120.0-0.33
0.90.730.940.30.810.560.00.510.510.28-0.510.460.640.790.30.190.720.560.320.5-0.850.990.08-0.480.46
0.870.770.910.260.840.61-0.050.570.550.24-0.430.530.580.740.270.130.760.60.290.49-0.820.990.03-0.510.48
0.47-0.520.11-0.35-0.39-0.750.67-0.71-0.53-0.420.03-0.13-0.05-0.020.250.94-0.53-0.75-0.430.170.120.080.03-0.420.22
-0.55-0.15-0.270.51-0.32-0.01-0.27-0.050.010.53-0.37-0.590.170.110.06-0.43-0.13-0.010.44-0.10.0-0.48-0.51-0.42-0.35
0.50.280.38-0.010.180.170.180.020.06-0.08-0.120.310.130.360.090.330.290.170.020.45-0.330.460.480.22-0.35
Click cells to compare fundamentals

JPMorgan Chase Account Relationship Matchups

JPMorgan Chase fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding3.2B3.1B3.0B3.0B2.9B2.5B
Total Assets2.7T3.4T3.7T3.7T3.9T4.1T
Short Long Term Debt Total408.0B426.5B469.2B466.7B436.5B257.2B
Total Current Liabilities251.3B277.8B316.3B344.2B44.7B42.5B
Total Stockholder Equity261.3B279.4B294.1B292.3B327.9B344.3B
Property Plant And Equipment Net25.8B27.1B27.1B27.7B30.2B31.7B
Net Debt144.4B(101.2B)(271.7B)(100.5B)(187.6B)(178.2B)
Retained Earnings223.2B237.0B272.3B296.5B332.9B349.5B
Cash263.6B527.6B740.8B567.2B624.2B655.4B
Non Current Assets Total838.7B1.1T1.1T1.1T94.5B89.8B
Non Currrent Assets Other(838.7B)(1.1T)(1.1T)(1.1T)(94.5B)(99.3B)
Other Assets1.1T1.2T1.4T1.6T3.5T3.6T
Cash And Short Term Investments625.0B915.8B1.0T773.1B305.2B328.4B
Net Receivables122.6B170.1B159.7B196.1B107.4B80.3B
Liabilities And Stockholders Equity2.7T3.4T3.7T3.7T3.9T4.1T
Non Current Liabilities Total367.1B381.2B415.6B3.3T414.8B682.7B
Other Stockholder Equity5.5B210M(17B)(18.3B)(26.1B)(24.8B)
Total Liab2.4T3.1T3.4T3.4T3.5T3.7T
Property Plant And Equipment Gross14.9B25.8B27.1B27.7B30.2B31.7B
Total Current Assets747.6B1.1T1.2T969.2B305.2B314.6B
Short Term Debt40.9B45.2B53.6B44.0B44.7B33.9B
Other Current Liab(251.3B)(277.8B)(316.3B)(344.2B)(162.0B)(153.9B)
Accumulated Other Comprehensive Income1.6B8.0B(84M)(17.3B)(10.4B)(9.9B)
Accounts Payable210.4B232.6B262.8B300.1B162.0B190.2B
Long Term Debt137.1B187.8B301.0B190.6B391.8B232.0B
Good Will47.8B49.2B50.3B51.7B52.6B47.9B
Short Term Investments361.3B388.2B308.5B205.9B192.5B262.0B
Other Current Assets1.1T1.6T1.7T1.6T1.7T1.1T
Preferred Stock Total Equity27.0B30.1B34.8B27.4B31.5B17.0B
Treasury Stock(60.5B)(83.0B)(88.2B)(105.4B)(94.9B)(90.1B)
Intangible Assets5.5B4.2B6.4B9.2B11.7B12.1B
Property Plant Equipment25.8B27.1B27.1B27.7B31.9B33.5B
Inventory(1.1T)(1.6T)(1.7T)(1.6T)(1.9T)(1.8T)
Net Tangible Assets234.3B249.3B208.1B264.9B304.7B203.4B
Retained Earnings Total Equity223.2B237.0B272.3B296.5B340.9B179.9B
Long Term Debt Total137.1B187.8B301.0B190.6B171.5B217.0B
Capital Surpluse88.5B88.4B88.4B89.0B80.1B73.8B

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When determining whether JPMorgan Chase is a strong investment it is important to analyze JPMorgan Chase's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact JPMorgan Chase's future performance. For an informed investment choice regarding JPMorgan Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JPMorgan Chase Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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Is JPMorgan Chase's industry 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 JPMorgan Chase. If investors know JPMorgan 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 JPMorgan Chase listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.083
Dividend Share
4.25
Earnings Share
16.57
Revenue Per Share
51.302
Quarterly Revenue Growth
0.11
The market value of JPMorgan Chase is measured differently than its book value, which is the value of JPMorgan that is recorded on the company's balance sheet. Investors also form their own opinion of JPMorgan Chase's value that differs from its market value or its book value, called intrinsic value, which is JPMorgan Chase'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 JPMorgan Chase's market value can be influenced by many factors that don't directly affect JPMorgan Chase'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 JPMorgan Chase's value and its price as these two are different measures arrived at by different means. Investors typically determine if JPMorgan Chase is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JPMorgan Chase'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.