NACCO Minority Interest vs Selling General Administrative Analysis

NC Stock  USD 27.55  0.01  0.04%   
NACCO Industries financial indicator trend analysis is infinitely more than just investigating NACCO Industries recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NACCO Industries is a good investment. Please check the relationship between NACCO Industries Minority Interest and its Selling General Administrative accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NACCO Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade NACCO Stock refer to our How to Trade NACCO Stock guide.

Minority Interest vs Selling General Administrative

Minority Interest vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NACCO Industries Minority Interest account and Selling General Administrative. At this time, the significance of the direction appears to have very week relationship.
The correlation between NACCO Industries' Minority Interest and Selling General Administrative is 0.27. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of NACCO Industries, assuming nothing else is changed. The correlation between historical values of NACCO Industries' Minority Interest and Selling General Administrative 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 NACCO Industries are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Minority Interest i.e., NACCO Industries' Minority Interest and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.27
Relationship DirectionPositive 
Relationship StrengthVery Weak

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

Selling General Administrative

Most indicators from NACCO Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NACCO Industries 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NACCO Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade NACCO Stock refer to our How to Trade NACCO Stock guide.At present, NACCO Industries' Enterprise Value is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Interest Expense1.7M2.0M2.5M2.3M
Depreciation And Amortization3.2M25.2M29.4M40.7M

NACCO Industries fundamental ratios Correlations

0.620.920.840.550.570.370.630.810.610.480.810.830.540.530.830.80.320.860.260.850.850.250.850.280.52
0.620.60.44-0.190.710.93-0.140.360.720.950.360.450.860.980.430.250.740.850.290.440.430.630.570.820.64
0.920.60.910.580.440.290.650.90.420.450.90.890.560.460.870.860.290.880.250.920.940.30.90.260.59
0.840.440.910.490.10.140.610.830.110.220.830.990.420.30.980.85-0.070.84-0.10.990.960.460.98-0.050.59
0.55-0.190.580.490.19-0.460.990.70.1-0.270.70.47-0.02-0.30.460.72-0.110.160.380.540.58-0.450.37-0.280.12
0.570.710.440.10.190.660.150.310.950.780.310.110.680.720.090.190.880.470.780.140.19-0.030.180.820.36
0.370.930.290.14-0.460.66-0.43-0.010.710.93-0.010.170.740.970.17-0.050.750.640.280.130.110.580.30.840.44
0.63-0.140.650.610.990.15-0.430.770.08-0.250.770.590.01-0.260.580.78-0.170.270.270.650.68-0.330.49-0.310.2
0.810.360.90.830.70.31-0.010.770.250.231.00.790.420.20.750.810.130.680.130.850.910.170.770.110.58
0.610.720.420.110.10.950.710.080.250.790.250.110.570.750.120.190.850.50.650.130.170.00.210.780.22
0.480.950.450.22-0.270.780.93-0.250.230.790.230.220.790.960.190.110.870.690.390.210.240.480.350.940.5
0.810.360.90.830.70.31-0.010.771.00.250.230.790.420.20.750.810.130.680.130.850.910.170.770.110.58
0.830.450.890.990.470.110.170.590.790.110.220.790.450.320.990.83-0.080.85-0.080.990.950.490.98-0.050.63
0.540.860.560.42-0.020.680.740.010.420.570.790.420.450.840.430.220.60.760.420.450.430.580.530.710.87
0.530.980.460.3-0.30.720.97-0.260.20.750.960.20.320.840.310.090.760.760.330.30.280.60.450.850.58
0.830.430.870.980.460.090.170.580.750.120.190.750.990.430.310.81-0.110.84-0.090.980.910.480.98-0.090.58
0.80.250.860.850.720.19-0.050.780.810.190.110.810.830.220.090.810.00.630.10.860.90.050.77-0.080.32
0.320.740.29-0.07-0.110.880.75-0.170.130.850.870.13-0.080.60.76-0.110.00.380.67-0.060.020.050.020.960.22
0.860.850.880.840.160.470.640.270.680.50.690.680.850.760.760.840.630.380.110.840.810.650.920.450.72
0.260.290.25-0.10.380.780.280.270.130.650.390.13-0.080.420.33-0.090.10.670.11-0.040.0-0.42-0.070.510.12
0.850.440.920.990.540.140.130.650.850.130.210.850.990.450.30.980.86-0.060.84-0.040.970.440.97-0.040.63
0.850.430.940.960.580.190.110.680.910.170.240.910.950.430.280.910.90.020.810.00.970.340.920.020.58
0.250.630.30.46-0.45-0.030.58-0.330.170.00.480.170.490.580.60.480.050.050.65-0.420.440.340.570.290.7
0.850.570.90.980.370.180.30.490.770.210.350.770.980.530.450.980.770.020.92-0.070.970.920.570.080.66
0.280.820.26-0.05-0.280.820.84-0.310.110.780.940.11-0.050.710.85-0.09-0.080.960.450.51-0.040.020.290.080.38
0.520.640.590.590.120.360.440.20.580.220.50.580.630.870.580.580.320.220.720.120.630.580.70.660.38
Click cells to compare fundamentals

NACCO Industries Account Relationship Matchups

NACCO Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets444.8M476.2M507.2M568.1M596.0M1.1B
Short Long Term Debt Total37.4M57.7M30.4M27.2M46.2M43.9M
Other Current Liab8.9M8.2M26.5M26.5M36.1M34.3M
Total Current Liabilities62.0M52.3M46.0M44.3M70.0M66.5M
Total Stockholder Equity289.4M300.6M352.1M427.0M382.3M435.2M
Property Plant And Equipment Net149.5M182.7M202.1M224.4M232.6M297.3M
Net Debt(85.5M)(30.8M)(55.6M)(83.6M)(38.9M)(36.9M)
Retained Earnings284.9M294.3M336.8M404.9M355.9M433.5M
Cash122.9M88.5M86.0M110.7M85.1M120.0M
Non Current Assets Total244.1M288.0M304.2M307.7M364.0M602.0M
Non Currrent Assets Other28.2M23.4M36.4M(12.1M)30.5M29.0M
Cash And Short Term Investments122.9M88.5M86.0M110.7M85.1M120.0M
Net Receivables21.9M41.3M46.3M60.3M46.1M43.8M
Common Stock Shares Outstanding7.0M7.1M7.2M7.4M7.5M6.6M
Liabilities And Stockholders Equity444.8M476.2M507.2M568.1M596.0M1.1B
Non Current Liabilities Total93.4M123.3M109.1M96.8M143.6M136.5M
Inventory40.5M47.6M54.1M71.5M77M73.2M
Other Current Assets15.5M10.9M14.6M15.9M23.8M32.8M
Other Stockholder Equity8.9M10.9M16.3M23.7M28.7M27.2M
Total Liab155.4M175.6M155.1M141.1M213.6M203.0M
Property Plant And Equipment Gross149.5M182.7M344.5M388.6M460.8M308.2M
Total Current Assets200.7M188.1M203.1M260.4M232.0M220.4M
Accumulated Other Comprehensive Income(11.3M)(11.6M)(8.2M)(9.0M)(9.7M)(10.1M)
Short Term Debt7.8M22.1M2.5M3.6M15.4M14.7M
Intangible Assets37.9M35.3M31.8M28.1M6.0M5.7M
Accounts Payable10.0M5.6M12.9M13.3M17.6M16.7M
Good Will43.6M40.5M37.9M35.3M31.8M30.2M
Common Stock Total Equity7.0M7.1M7.2M7.3M6.6M6.2M
Common Stock7.0M7.1M7.2M7.3M7.4M6.2M
Other Liab63.8M87.7M81.2M73.3M66.0M62.7M
Current Deferred Revenue35.3M16.3M4.1M833K878K834.1K
Other Assets32.1M80.3M51.2M40.3M1.00.95
Long Term Debt17.1M24.4M18.0M16M22.0M20.9M
Property Plant Equipment149.5M182.7M202.1M224.4M201.9M247.3M
Net Tangible Assets251.5M265.3M320.3M398.9M458.7M278.1M
Retained Earnings Total Equity284.9M294.3M336.8M404.9M364.4M246.9M
Long Term Debt Total17.1M24.4M18.2M16.0M14.4M13.7M
Capital Surpluse8.9M10.9M16.3M23.7M27.3M28.6M
Deferred Long Term Liab12.3M17.6M14.8M6.1M5.5M10.2M
Non Current Liabilities Other63.9M81.4M76.1M74.7M11.9M11.3M
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 NACCO Industries 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, NACCO Industries' short interest history, or implied volatility extrapolated from NACCO Industries options trading.

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When determining whether NACCO Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NACCO Industries' 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 Nacco Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nacco Industries Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NACCO Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade NACCO Stock refer to our How to Trade NACCO Stock guide.
Note that the NACCO Industries information on this page should be used as a complementary analysis to other NACCO Industries' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running NACCO Industries' price analysis, check to measure NACCO Industries' 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 NACCO Industries is operating at the current time. Most of NACCO Industries' value examination focuses on studying past and present price action to predict the probability of NACCO Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NACCO Industries' price. Additionally, you may evaluate how the addition of NACCO Industries to your portfolios can decrease your overall portfolio volatility.
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Is NACCO Industries' 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 NACCO Industries. If investors know NACCO 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 NACCO Industries 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
(0.93)
Dividend Share
0.86
Earnings Share
(5.29)
Revenue Per Share
28.723
Quarterly Revenue Growth
(0.11)
The market value of NACCO Industries is measured differently than its book value, which is the value of NACCO that is recorded on the company's balance sheet. Investors also form their own opinion of NACCO Industries' value that differs from its market value or its book value, called intrinsic value, which is NACCO Industries' 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 NACCO Industries' market value can be influenced by many factors that don't directly affect NACCO Industries' 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 NACCO Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if NACCO Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NACCO Industries' 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.