Shell Operating Income vs Minority Interest Analysis
SHEL Stock | USD 65.81 0.51 0.77% |
Shell PLC financial indicator trend analysis is much more than just breaking down Shell PLC ADR prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shell PLC ADR is a good investment. Please check the relationship between Shell PLC Operating Income and its Minority Interest accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shell PLC ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Operating Income vs Minority Interest
Operating Income vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shell PLC ADR Operating Income account and Minority Interest. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Shell PLC's Operating Income and Minority Interest is -0.44. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Shell PLC ADR, assuming nothing else is changed. The correlation between historical values of Shell PLC's Operating Income 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 Operating Income of Shell PLC ADR 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 Operating Income i.e., Shell PLC's Operating Income and Minority Interest go up and down completely randomly.
Correlation Coefficient | -0.44 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Operating Income
Operating Income is the amount of profit realized from Shell PLC ADR operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Shell PLC ADR is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.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 Shell PLC ADR whose combined shares represent less than 50% of the total outstanding shares issued by Shell PLC have a minority interest in Shell PLC.Most indicators from Shell PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shell PLC ADR 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 Shell PLC ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. Enterprise Value is expected to rise to about 426.6 B this year, although the value of Selling General Administrative will most likely fall to about 12.5 B.
2021 | 2022 | 2023 | 2024 (projected) | Research Development | 815M | 1.1B | 1.3B | 982.4M | EBIT | 28.9B | 62.0B | 32.8B | 33.5B |
Shell PLC fundamental ratios Correlations
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Shell PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shell PLC fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 404.3B | 379.3B | 404.4B | 443.0B | 406.3B | 321.5B | |
Short Long Term Debt Total | 96.4B | 108.0B | 89.1B | 83.8B | 81.5B | 50.0B | |
Other Current Liab | 1M | 28.4B | 49.9B | 64.8B | 44.0B | 26.6B | |
Total Current Liabilities | 79.6B | 74.0B | 95.5B | 121.3B | 95.5B | 84.5B | |
Total Stockholder Equity | 186.5B | 155.3B | 172.0B | 190.5B | 186.6B | 149.4B | |
Property Plant And Equipment Net | 238.3B | 210.8B | 194.9B | 198.6B | 194.8B | 159.1B | |
Current Deferred Revenue | 15.4B | 15.4B | 24.2B | 3.4B | 3.1B | 3.2B | |
Net Debt | 78.4B | 76.2B | 52.1B | 43.5B | 42.8B | 31.7B | |
Accounts Payable | 49.2B | 22.7B | 34.1B | 42.6B | 34.6B | 51.6B | |
Cash | 18.1B | 31.8B | 37.0B | 40.2B | 38.8B | 40.7B | |
Non Current Assets Total | 311.6B | 288.6B | 275.6B | 277.1B | 272.2B | 222.8B | |
Non Currrent Assets Other | 1M | (1M) | 10.4B | 41.6B | 16.3B | 26.4B | |
Cash And Short Term Investments | 18.1B | 31.8B | 37.0B | 40.2B | 38.8B | 40.7B | |
Common Stock Shares Outstanding | 4.1B | 3.9B | 3.9B | 3.7B | 3.4B | 4.0B | |
Liabilities And Stockholders Equity | 404.3B | 379.3B | 404.4B | 443.0B | 406.3B | 321.5B | |
Non Current Liabilities Total | 134.2B | 146.8B | 133.5B | 129.1B | 122.4B | 84.4B | |
Inventory | 24.1B | 19.5B | 25.3B | 31.9B | 26.0B | 22.8B | |
Total Liab | 213.9B | 220.7B | 229.1B | 250.4B | 217.9B | 168.9B | |
Total Current Assets | 92.7B | 90.7B | 128.8B | 165.9B | 134.1B | 98.7B | |
Short Term Debt | 15.1B | 16.9B | 8.2B | 9.0B | 10.0B | 9.3B | |
Other Current Assets | 1M | 18.7B | 31.6B | 54.3B | 32.9B | 36.6B | |
Other Stockholder Equity | 13.4B | (24.5B) | 18.3B | 154M | (843M) | (800.9M) | |
Property Plant And Equipment Gross | 238.3B | 210.8B | 436.8B | 435.0B | 455.1B | 477.8B | |
Retained Earnings | 172.4B | 142.6B | 153.0B | 169.5B | 203.2B | 167.6B | |
Net Receivables | 50.6B | 22.0B | 34.9B | 39.5B | 36.5B | 40.4B | |
Common Stock Total Equity | 696M | 685M | 657M | 651M | 748.7M | 640.4M | |
Accumulated Other Comprehensive Income | (23.0B) | (24.7B) | (18.5B) | (16.3B) | (16.3B) | (17.1B) | |
Intangible Assets | 9.3B | 8.7B | 9.8B | 9.7B | 10.3B | 7.2B | |
Common Stock | 657M | 651M | 641M | 584M | 544M | 516.8M | |
Good Will | 14.2B | 14.2B | 14.9B | 16.0B | 16.7B | 10.9B | |
Long Term Debt | 55.8B | 66.8B | 57.5B | 51.5B | 48.5B | 57.3B | |
Short Long Term Debt | 10.1B | 12.8B | 4.1B | 4.6B | 5.3B | 8.6B | |
Other Liab | 52.9B | 55.7B | 52.6B | 54.3B | 48.9B | 44.2B | |
Net Tangible Assets | 163.0B | 132.5B | 147.3B | 164.8B | 148.3B | 127.7B | |
Other Assets | (1M) | 1M | 28.8B | 25.5B | 23.0B | 15.5B | |
Property Plant Equipment | 238.3B | 210.8B | 194.9B | 198.6B | 228.4B | 232.7B | |
Capital Lease Obligations | 30.5B | 28.4B | 27.5B | 27.6B | 27.7B | 25.6B |
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Is Oil & Gas Exploration & Production 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 Shell PLC. If investors know Shell 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 Shell PLC 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 (0.35) | Dividend Share 1.376 | Earnings Share 4.92 | Revenue Per Share 92.712 | Quarterly Revenue Growth (0.07) |
The market value of Shell PLC ADR is measured differently than its book value, which is the value of Shell that is recorded on the company's balance sheet. Investors also form their own opinion of Shell PLC's value that differs from its market value or its book value, called intrinsic value, which is Shell PLC'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 Shell PLC's market value can be influenced by many factors that don't directly affect Shell PLC'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 Shell PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shell PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shell PLC'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.