CSX Total Revenue vs Minority Interest Analysis

CSX Stock

USD 33.99 0.04 0.12%

CSX financial indicator trend analysis is way more than just evaluating CSX Corporation prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CSX Corporation is a good investment. Please check the relationship between CSX Total Revenue and its Minority Interest accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CSX Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

Total Revenue vs Minority Interest

Total Revenue vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CSX Corporation Total Revenue account and Minority Interest. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between CSX's Total Revenue and Minority Interest is -0.64. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Minority Interest in the same time period over historical financial statements of CSX Corporation, assuming nothing else is changed. The correlation between historical values of CSX's Total Revenue 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 Total Revenue of CSX Corporation 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 Total Revenue i.e., CSX's Total Revenue and Minority Interest go up and down completely randomly.

Correlation Coefficient

-0.64

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Total Revenue

Total revenue comprises all receipts CSX Corporation generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary 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 CSX Corporation whose combined shares represent less than 50% of the total outstanding shares issued by CSX have a minority interest in CSX.

Most indicators from CSX's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CSX Corporation 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 CSX Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

At this time, CSX's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 12.79 in 2024, whereas Selling General Administrative is likely to drop slightly above 27.6 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	5.1B	5.8B	5.7B	4.4B
Total Revenue	12.5B	14.9B	14.7B	11.1B

Gross Profit Total Revenue

CSX fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Accounts Payable	Current Deferred Revenue	Common Stock Total Equity	Short Term Investments
Total Assets		0.72	-0.3	0.28	0.9	0.99	0.71	0.83	0.6	1.0	-0.18	0.65	-0.11	-0.96	0.99	-0.05	0.5	-0.76	0.98	0.57	0.63	-0.07	-0.63	0.26	0.46	-0.11
Short Long Term Debt Total	0.72		-0.4	0.2	0.56	0.65	0.99	0.43	0.6	0.7	0.01	0.59	0.08	-0.83	0.73	-0.05	0.03	-0.5	0.75	0.89	0.62	0.01	-0.39	0.39	0.76	-0.33
Other Current Liab	-0.3	-0.4		-0.18	-0.17	-0.24	-0.39	0.0	-0.31	-0.28	0.43	-0.23	-0.46	0.29	-0.33	-0.11	-0.19	0.0	-0.34	-0.21	-0.34	0.17	-0.12	-1.0	-0.42	0.28
Total Current Liabilities	0.28	0.2	-0.18		-0.06	0.24	0.2	-0.15	0.15	0.27	0.14	0.17	0.54	-0.28	0.36	0.08	-0.33	-0.19	0.42	0.28	0.3	0.72	0.23	0.19	0.45	0.0
Total Stockholder Equity	0.9	0.56	-0.17	-0.06		0.92	0.55	0.96	0.47	0.91	-0.3	0.47	-0.29	-0.84	0.82	0.01	0.64	-0.68	0.79	0.42	0.39	-0.35	-0.7	0.13	0.25	-0.22
Property Plant And Equipment Net	0.99	0.65	-0.24	0.24	0.92		0.64	0.88	0.5	1.0	-0.23	0.57	-0.18	-0.94	0.97	-0.06	0.55	-0.79	0.95	0.52	0.52	-0.1	-0.68	0.2	0.38	-0.06
Net Debt	0.71	0.99	-0.39	0.2	0.55	0.64		0.43	0.49	0.7	-0.02	0.49	0.08	-0.83	0.71	-0.04	0.02	-0.51	0.73	0.91	0.52	-0.01	-0.39	0.38	0.77	-0.28
Retained Earnings	0.83	0.43	0.0	-0.15	0.96	0.88	0.43		0.36	0.85	-0.27	0.42	-0.51	-0.79	0.75	-0.17	0.7	-0.77	0.72	0.32	0.29	-0.32	-0.81	-0.05	0.07	-0.05
Cash	0.6	0.6	-0.31	0.15	0.47	0.5	0.49	0.36		0.54	0.14	0.92	0.03	-0.58	0.62	-0.04	0.21	-0.25	0.61	0.29	0.94	0.07	-0.22	0.29	0.36	-0.42
Non Current Assets Total	1.0	0.7	-0.28	0.27	0.91	1.0	0.7	0.85	0.54		-0.21	0.6	-0.12	-0.96	0.98	-0.04	0.51	-0.77	0.97	0.57	0.57	-0.09	-0.64	0.24	0.44	-0.1
Non Currrent Assets Other	-0.18	0.01	0.43	0.14	-0.3	-0.23	-0.02	-0.27	0.14	-0.21		0.21	0.09	0.12	-0.13	-0.4	-0.31	0.1	-0.11	0.01	0.23	0.24	0.18	-0.41	0.01	0.17
Cash And Short Term Investments	0.65	0.59	-0.23	0.17	0.47	0.57	0.49	0.42	0.92	0.6	0.21		-0.14	-0.64	0.7	-0.23	0.3	-0.41	0.69	0.27	0.97	0.12	-0.34	0.19	0.29	-0.05
Net Receivables	-0.11	0.08	-0.46	0.54	-0.29	-0.18	0.08	-0.51	0.03	-0.12	0.09	-0.14		0.15	-0.06	0.44	-0.48	0.46	-0.02	0.1	0.1	0.09	0.69	0.52	0.44	-0.34
Common Stock Shares Outstanding	-0.96	-0.83	0.29	-0.28	-0.84	-0.94	-0.83	-0.79	-0.58	-0.96	0.12	-0.64	0.15		-0.96	0.17	-0.4	0.82	-0.96	-0.72	-0.61	-0.01	0.68	-0.25	-0.58	0.14
Non Current Liabilities Total	0.99	0.73	-0.33	0.36	0.82	0.97	0.71	0.75	0.62	0.98	-0.13	0.7	-0.06	-0.96		-0.07	0.44	-0.74	1.0	0.57	0.69	0.01	-0.57	0.29	0.48	-0.05
Inventory	-0.05	-0.05	-0.11	0.08	0.01	-0.06	-0.04	-0.17	-0.04	-0.04	-0.4	-0.23	0.44	0.17	-0.07		-0.22	0.48	-0.07	0.04	-0.1	-0.14	0.38	0.16	0.11	-0.35
Other Current Assets	0.5	0.03	-0.19	-0.33	0.64	0.55	0.02	0.7	0.21	0.51	-0.31	0.3	-0.48	-0.4	0.44	-0.22		-0.47	0.4	-0.16	0.16	-0.37	-0.6	0.13	-0.18	0.15
Other Stockholder Equity	-0.76	-0.5	0.0	-0.19	-0.68	-0.79	-0.51	-0.77	-0.25	-0.77	0.1	-0.41	0.46	0.82	-0.74	0.48	-0.47		-0.74	-0.51	-0.31	-0.12	0.88	0.05	-0.36	-0.12
Total Liab	0.98	0.75	-0.34	0.42	0.79	0.95	0.73	0.72	0.61	0.97	-0.11	0.69	-0.02	-0.96	1.0	-0.07	0.4	-0.74		0.6	0.69	0.07	-0.55	0.3	0.52	-0.05
Property Plant And Equipment Gross	0.57	0.89	-0.21	0.28	0.42	0.52	0.91	0.32	0.29	0.57	0.01	0.27	0.1	-0.72	0.57	0.04	-0.16	-0.51	0.6		0.32	0.15	-0.42	0.21	0.81	-0.32
Total Current Assets	0.63	0.62	-0.34	0.3	0.39	0.52	0.52	0.29	0.94	0.57	0.23	0.97	0.1	-0.61	0.69	-0.1	0.16	-0.31	0.69	0.32		0.15	-0.2	0.32	0.41	-0.15
Short Term Debt	-0.07	0.01	0.17	0.72	-0.35	-0.1	-0.01	-0.32	0.07	-0.09	0.24	0.12	0.09	-0.01	0.01	-0.14	-0.37	-0.12	0.07	0.15	0.15		0.12	-0.18	0.19	0.08
Accounts Payable	-0.63	-0.39	-0.12	0.23	-0.7	-0.68	-0.39	-0.81	-0.22	-0.64	0.18	-0.34	0.69	0.68	-0.57	0.38	-0.6	0.88	-0.55	-0.42	-0.2	0.12		0.17	-0.16	-0.06
Current Deferred Revenue	0.26	0.39	-1.0	0.19	0.13	0.2	0.38	-0.05	0.29	0.24	-0.41	0.19	0.52	-0.25	0.29	0.16	0.13	0.05	0.3	0.21	0.32	-0.18	0.17		0.44	-0.3
Common Stock Total Equity	0.46	0.76	-0.42	0.45	0.25	0.38	0.77	0.07	0.36	0.44	0.01	0.29	0.44	-0.58	0.48	0.11	-0.18	-0.36	0.52	0.81	0.41	0.19	-0.16	0.44		-0.42
Short Term Investments	-0.11	-0.33	0.28	0.0	-0.22	-0.06	-0.28	-0.05	-0.42	-0.1	0.17	-0.05	-0.34	0.14	-0.05	-0.35	0.15	-0.12	-0.05	-0.32	-0.15	0.08	-0.06	-0.3	-0.42

Click cells to compare fundamentals

CSX Account Relationship Matchups

CSX fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	38.3B	39.8B	40.5B	41.9B	43.0B	27.0B
Short Long Term Debt Total	16.2B	16.7B	16.4B	18.0B	19.1B	20.0B
Other Current Liab	1.9B	1.6B	2.1B	(6.4B)	836M	739.6M
Total Current Liabilities	2.2B	2.0B	2.2B	2.5B	3.2B	2.0B
Total Stockholder Equity	11.9B	13.1B	13.5B	12.6B	12.1B	8.5B
Property Plant And Equipment Net	32.2B	32.4B	33.0B	34.2B	35.4B	21.6B
Net Debt	15.3B	13.6B	14.1B	16.1B	17.7B	18.6B
Retained Earnings	11.4B	12.5B	11.6B	10.4B	9.8B	7.2B
Cash	958M	3.1B	2.2B	2.0B	1.4B	782.4M
Non Current Assets Total	35.0B	35.4B	36.7B	38.1B	39.6B	24.3B
Non Currrent Assets Other	932M	923M	1.5B	(6.5B)	523M	549.2M
Cash And Short Term Investments	2.0B	3.1B	2.3B	2.1B	1.4B	1.0B
Net Receivables	986M	912M	1.1B	1.3B	1.4B	1.1B
Common Stock Shares Outstanding	2.4B	2.3B	2.3B	2.1B	2.0B	2.9B
Liabilities And Stockholders Equity	38.3B	39.8B	40.5B	41.9B	43.0B	27.0B
Non Current Liabilities Total	24.2B	24.7B	24.8B	26.8B	27.6B	15.8B
Inventory	261M	302M	339M	341M	446M	287.0M
Other Current Assets	1.3B	1.3B	1.6B	1.8B	109M	103.6M
Other Stockholder Equity	361M	418M	76M	584M	696M	661.2M
Total Liab	26.4B	26.7B	27.0B	29.3B	30.8B	18.5B
Property Plant And Equipment Gross	32.7B	32.9B	33.0B	34.2B	50.8B	53.4B
Total Current Assets	3.3B	4.4B	3.9B	3.8B	3.4B	2.7B
Accumulated Other Comprehensive Income	(675M)	(598M)	(408M)	(388M)	379M	398.0M
Short Term Debt	245M	401M	181M	151M	626M	381.5M
Accounts Payable	1.0B	809M	963M	1.1B	1.2B	931.9M
Current Deferred Revenue	(1.0B)	(809M)	(963M)	7.6B	525M	551.3M
Common Stock Total Equity	773M	763M	2.2B	2.1B	2.4B	2.5B
Short Term Investments	996M	2M	77M	129M	83M	78.9M
Common Stock	773M	763M	2.2B	2.1B	2.0B	2.1B
Other Liab	7.8B	8.4B	8.6B	8.3B	9.6B	10.0B
Other Assets	312M	35.4B	1.5B	328M	377.2M	358.3M
Long Term Debt	16.0B	16.3B	16.2B	17.9B	18.0B	11.0B
Property Plant Equipment	32.2B	32.4B	33.0B	34.2B	39.4B	27.2B
Net Tangible Assets	11.8B	13.1B	13.5B	12.1B	13.9B	12.4B
Retained Earnings Total Equity	11.4B	12.5B	11.6B	10.4B	11.9B	11.8B
Long Term Debt Total	16.0B	16.3B	16.2B	17.9B	20.6B	13.1B

CSX Investors Sentiment

The influence of CSX's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in CSX. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to CSX's public news can be used to forecast risks associated with an investment in CSX. The trend in average sentiment can be used to explain how an investor holding CSX can time the market purely based on public headlines and social activities around CSX Corporation. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

CSX's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for CSX's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average CSX's news discussions. The higher the estimated score, the more favorable is the investor's outlook on CSX.

CSX Implied Volatility

41.55

CSX's implied volatility exposes the market's sentiment of CSX Corporation stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if CSX's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that CSX stock will not fluctuate a lot when CSX's options are near their expiration.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards CSX in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, CSX's short interest history, or implied volatility extrapolated from CSX options trading.

Pair Trading with CSX

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CSX position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CSX will appreciate offsetting losses from the drop in the long position's value.

Moving against CSX Stock

0.69	VLRS	Volaris	Pair Corr
0.55	ALK	Alaska Air Group Financial Report 23rd of July 2024	Pair Corr
0.47	AL	Air Lease Financial Report 6th of May 2024	Pair Corr
0.42	DAL	Delta Air Lines Financial Report 11th of July 2024	Pair Corr

The ability to find closely correlated positions to CSX could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CSX when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CSX - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CSX Corporation to buy it.

The correlation of CSX is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CSX moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CSX Corporation moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for CSX can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether CSX Corporation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CSX's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Csx Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Csx Corporation Stock:

How To Invest In CSX

Details

Is CSX Stock a good investment?

Details

What is CSX's Net Worth?

Details

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CSX Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

Complementary Tools for CSX Stock analysis

When running CSX's price analysis, check to measure CSX'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 CSX is operating at the current time. Most of CSX's value examination focuses on studying past and present price action to predict the probability of CSX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CSX's price. Additionally, you may evaluate how the addition of CSX to your portfolios can decrease your overall portfolio volatility.

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Is CSX'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 CSX. If investors know CSX 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 CSX 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

(0.05)

Dividend Share

0.45

Earnings Share

1.83

Revenue Per Share

7.375

Quarterly Revenue Growth

(0.01)

The market value of CSX Corporation is measured differently than its book value, which is the value of CSX that is recorded on the company's balance sheet. Investors also form their own opinion of CSX's value that differs from its market value or its book value, called intrinsic value, which is CSX'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 CSX's market value can be influenced by many factors that don't directly affect CSX'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 CSX's value and its price as these two are different measures arrived at by different means. Investors typically determine if CSX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CSX'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.

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CSX Total Revenue vs Minority Interest Analysis

Total Revenue vs Minority Interest

Total Revenue vs Minority Interest Correlation Analysis

Correlation Coefficient

Total Revenue

Minority Interest

CSX fundamental ratios Correlations

CSX Account Relationship Matchups

High Positive Relationship

High Negative Relationship

CSX fundamental ratios Accounts

CSX Investors Sentiment

CSX Implied Volatility

Pair Trading with CSX

Moving against CSX Stock

Complementary Tools for CSX Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 1.0	Non Current Liabilities Total
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total

Current Deferred Revenue	- 1.0	Other Current Liab
Total Liab	- 0.96	Common Stock Shares Outstanding
Non Current Liabilities Total	- 0.96	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.96	Non Current Assets Total
Common Stock Shares Outstanding	- 0.96	Total Assets
Common Stock Shares Outstanding	- 0.94	Property Plant And Equipment Net