CBAK Minority Interest vs Other Operating Expenses Analysis
| CBAT Stock | | | USD 0.90 0.01 1.10% |
CBAK Energy financial indicator trend analysis is way more than just evaluating CBAK Energy Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CBAK Energy Technology is a good investment. Please check the relationship between CBAK Energy Minority Interest and its Other Operating Expenses accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in CBAK Energy Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Minority Interest vs Other Operating Expenses
Minority Interest vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
CBAK Energy Technology Minority Interest account and
Other Operating Expenses. At this time, the significance of the direction appears to have no relationship.
The correlation between CBAK Energy's Minority Interest and Other Operating Expenses is 0.09. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of CBAK Energy Technology, assuming nothing else is changed. The correlation between historical values of CBAK Energy's Minority Interest and Other Operating Expenses 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 CBAK Energy Technology are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Minority Interest i.e., CBAK Energy's Minority Interest and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.09 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
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 CBAK Energy Technology whose combined shares represent less than 50% of the total outstanding shares issued by CBAK Energy have a minority interest in CBAK Energy.
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of CBAK Energy Technology. It is also known as CBAK Energy 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.
Most indicators from CBAK Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CBAK Energy Technology 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in CBAK Energy Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
At this time, CBAK Energy's
Tax Provision is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.12 in 2025, whereas
Selling General Administrative is likely to drop slightly above 11.7
M in 2025.
CBAK Energy fundamental ratios Correlations
Click cells to compare fundamentals
CBAK Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CBAK Energy fundamental ratios Accounts
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