Ecolab Minority Interest vs Discontinued Operations Analysis

ECL Stock  USD 247.38  0.46  0.19%   
Ecolab financial indicator trend analysis is much more than just examining Ecolab Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ecolab Inc is a good investment. Please check the relationship between Ecolab Minority Interest and its Discontinued Operations accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ecolab Inc. 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.

Minority Interest vs Discontinued Operations

Minority Interest vs Discontinued Operations Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ecolab Inc Minority Interest account and Discontinued Operations. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Ecolab's Minority Interest and Discontinued Operations is -0.61. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Discontinued Operations in the same time period over historical financial statements of Ecolab Inc, assuming nothing else is changed. The correlation between historical values of Ecolab's Minority Interest and Discontinued Operations 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 Ecolab Inc are associated (or correlated) with its Discontinued Operations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Discontinued Operations has no effect on the direction of Minority Interest i.e., Ecolab's Minority Interest and Discontinued Operations go up and down completely randomly.

Correlation Coefficient

-0.61
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 Ecolab Inc whose combined shares represent less than 50% of the total outstanding shares issued by Ecolab have a minority interest in Ecolab.

Discontinued Operations

Most indicators from Ecolab's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ecolab Inc 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ecolab Inc. 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, Ecolab's Sales General And Administrative To Revenue is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 22.27 this year, although the value of Tax Provision will most likely fall to about 231.3 M.
 2021 2023 2024 (projected)
Interest Expense218.3M348.9M366.3M
Depreciation And Amortization843.1M923.6M969.8M

Ecolab fundamental ratios Correlations

0.960.70.90.970.930.960.790.180.990.240.180.980.720.950.920.43-0.040.990.950.270.630.870.650.950.96
0.960.670.830.860.880.970.770.340.940.090.340.920.560.980.90.44-0.180.980.940.160.560.910.670.910.9
0.70.670.610.740.810.710.910.020.70.520.020.690.440.620.620.18-0.570.650.63-0.140.020.790.770.660.61
0.90.830.610.880.830.870.690.050.90.130.050.920.720.760.890.480.040.880.850.580.570.830.640.850.84
0.970.860.740.880.940.920.83-0.010.980.38-0.010.960.780.860.870.32-0.030.910.870.270.570.830.670.910.92
0.930.880.810.830.940.930.940.010.940.270.010.940.70.850.910.34-0.320.890.830.10.410.910.750.890.89
0.960.970.710.870.920.930.830.10.970.160.10.940.670.930.940.46-0.190.960.880.20.580.930.660.90.9
0.790.770.910.690.830.940.83-0.040.810.39-0.040.80.530.720.770.16-0.580.750.69-0.110.140.880.80.760.72
0.180.340.020.05-0.010.010.1-0.040.09-0.251.00.13-0.280.380.050.03-0.010.290.46-0.140.070.120.180.230.19
0.990.940.70.90.980.940.970.810.090.260.090.970.750.930.920.42-0.040.970.910.280.630.870.640.940.95
0.240.090.520.130.380.270.160.39-0.250.26-0.250.150.180.14-0.03-0.34-0.110.140.13-0.12-0.070.070.160.190.22
0.180.340.020.05-0.010.010.1-0.041.00.09-0.250.13-0.280.380.050.03-0.010.290.46-0.140.070.120.180.230.19
0.980.920.690.920.960.940.940.80.130.970.150.130.750.890.930.39-0.060.950.920.280.560.90.740.930.91
0.720.560.440.720.780.70.670.53-0.280.750.18-0.280.750.590.730.470.220.660.590.40.630.580.340.720.77
0.950.980.620.760.860.850.930.720.380.930.140.380.890.590.860.44-0.090.980.950.10.630.830.560.910.93
0.920.90.620.890.870.910.940.770.050.92-0.030.050.930.730.860.62-0.130.920.850.310.610.930.580.870.89
0.430.440.180.480.320.340.460.160.030.42-0.340.030.390.470.440.620.160.480.420.460.640.44-0.050.460.51
-0.04-0.18-0.570.04-0.03-0.32-0.19-0.58-0.01-0.04-0.11-0.01-0.060.22-0.09-0.130.16-0.05-0.020.620.56-0.42-0.48-0.040.04
0.990.980.650.880.910.890.960.750.290.970.140.290.950.660.980.920.48-0.050.970.260.650.880.620.940.95
0.950.940.630.850.870.830.880.690.460.910.130.460.920.590.950.850.42-0.020.970.250.580.830.640.920.92
0.270.16-0.140.580.270.10.2-0.11-0.140.28-0.12-0.140.280.40.10.310.460.620.260.250.580.09-0.070.290.31
0.630.560.020.570.570.410.580.140.070.63-0.070.070.560.630.630.610.640.560.650.580.580.34-0.060.680.73
0.870.910.790.830.830.910.930.880.120.870.070.120.90.580.830.930.44-0.420.880.830.090.340.770.820.79
0.650.670.770.640.670.750.660.80.180.640.160.180.740.340.560.58-0.05-0.480.620.64-0.07-0.060.770.620.5
0.950.910.660.850.910.890.90.760.230.940.190.230.930.720.910.870.46-0.040.940.920.290.680.820.620.97
0.960.90.610.840.920.890.90.720.190.950.220.190.910.770.930.890.510.040.950.920.310.730.790.50.97
Click cells to compare fundamentals

Ecolab Account Relationship Matchups

Ecolab fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets20.9B18.1B21.2B21.5B21.8B22.9B
Short Long Term Debt Total6.8B7.0B9.0B8.9B8.7B9.2B
Other Current Liab2.0B1.5B1.4B1.6B1.8B1.8B
Total Current Liabilities3.6B2.9B3.6B4.2B4.3B4.6B
Total Stockholder Equity8.7B6.2B7.2B7.2B8.0B8.4B
Property Plant And Equipment Net3.7B3.5B3.7B3.7B4.0B4.2B
Net Debt6.7B5.7B8.7B8.3B7.8B8.2B
Retained Earnings10.0B8.2B8.8B9.3B10.1B10.6B
Cash118.8M1.3B359.9M598.6M919.5M965.5M
Non Current Assets Total16.0B13.0B16.5B16.0B16.2B17.0B
Non Currrent Assets Other3.7B476M546M382.5M413.4M448.1M
Cash And Short Term Investments118.8M1.3B359.9M598.6M919.5M965.5M
Net Receivables2.5B2.3B2.5B2.7B3.0B3.2B
Common Stock Shares Outstanding292.5M287M289.1M286.6M286.5M286.2M
Liabilities And Stockholders Equity20.9B18.1B21.2B21.5B21.8B22.9B
Non Current Liabilities Total8.5B9.0B10.4B10.0B9.4B9.9B
Inventory1.1B1.3B1.5B1.8B1.5B1.6B
Other Current Assets33.1M298.2M357M404.7M206.3M133.3M
Other Stockholder Equity421.7M(444.7M)(319.6M)(720.8M)(546.0M)(518.7M)
Total Liab12.1B11.9B14.0B14.2B13.8B14.5B
Total Current Assets4.8B5.1B4.7B5.5B5.6B5.9B
Short Term Debt502.6M142.9M526.1M613.4M756.5M408.3M
Intangible Assets2.9B3.0B4.2B3.7B3.5B1.8B
Accounts Payable1.1B1.2B1.4B1.7B1.6B1.6B
Property Plant And Equipment Gross4.5B3.5B3.7B3.7B8.2B8.6B
Accumulated Other Comprehensive Income(2.1B)(2.0B)(1.6B)(1.7B)(1.9B)(1.8B)
Common Stock Total Equity359.6M362.6M364.1M364.7M419.4M347.6M
Common Stock359.6M362.6M364.1M364.7M365.7M342.4M
Other Liab2.1B2.0B1.8B1.6B1.8B1.3B
Other Assets584.1M476M546M535.1M1.00.95
Long Term Debt6.0B6.7B8.3B8.1B7.6B4.1B
Treasury Stock(5.5B)(6.7B)(6.8B)(7.3B)(6.6B)(6.2B)
Property Plant Equipment4.0B3.1B3.7B3.7B4.3B2.3B
Good Will5.6B6.0B8.1B8.0B8.1B4.7B
Net Tangible Assets(2.2B)(2.8B)(5.1B)(4.5B)(4.0B)(4.2B)
Current Deferred Revenue76.7M80.4M91.7M116.5M110.9M105.4M
Noncontrolling Interest In Consolidated Entity40.5M35M28.9M22.5M20.3M39.4M
Retained Earnings Total Equity10.0B8.2B8.8B9.3B10.7B7.1B
Long Term Debt Total6.0B6.7B8.3B8.1B9.3B6.1B

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When determining whether Ecolab Inc is a strong investment it is important to analyze Ecolab'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 Ecolab's future performance. For an informed investment choice regarding Ecolab Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ecolab Inc. 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.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Specialty Chemicals space 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 Ecolab. If investors know Ecolab 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 Ecolab 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
0.065
Dividend Share
2.28
Earnings Share
7.14
Revenue Per Share
55.042
Quarterly Revenue Growth
0.178
The market value of Ecolab Inc is measured differently than its book value, which is the value of Ecolab that is recorded on the company's balance sheet. Investors also form their own opinion of Ecolab's value that differs from its market value or its book value, called intrinsic value, which is Ecolab'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 Ecolab's market value can be influenced by many factors that don't directly affect Ecolab'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 Ecolab's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ecolab is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ecolab'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.