Genie Noncontrolling Interest In Consolidated Entity from 2010 to 2024

GNE Stock  USD 15.26  0.18  1.19%   
Genie Energy's Noncontrolling Interest In Consolidated Entity is decreasing over the years with slightly volatile fluctuation. Noncontrolling Interest In Consolidated Entity is expected to dwindle to about -12.7 M. During the period from 2010 to 2024 Genie Energy Noncontrolling Interest In Consolidated Entity annual values regression line had coefficient of variation of (43.92) and r-squared of  0.53. View All Fundamentals
 
Noncontrolling Interest In Consolidated Entity  
First Reported
2011-09-30
Previous Quarter
-13.5 M
Current Value
-13.3 M
Quarterly Volatility
5.1 M
 
Yuan Drop
 
Covid
Check Genie Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Genie main balance sheet or income statement drivers, such as Depreciation And Amortization of 439.9 K, Interest Expense of 94 K or Total Revenue of 309.7 M, as well as many exotic indicators such as Price To Sales Ratio of 1.76, Dividend Yield of 0.0117 or PTB Ratio of 2.61. Genie financial statements analysis is a perfect complement when working with Genie Energy Valuation or Volatility modules.
  
This module can also supplement Genie Energy's financial leverage analysis and stock options assessment as well as various Genie Energy Technical models . Check out the analysis of Genie Energy Correlation against competitors.
For information on how to trade Genie Stock refer to our How to Trade Genie Stock guide.

Latest Genie Energy's Noncontrolling Interest In Consolidated Entity Growth Pattern

Below is the plot of the Noncontrolling Interest In Consolidated Entity of Genie Energy over the last few years. It is Genie Energy's Noncontrolling Interest In Consolidated Entity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Genie Energy's overall financial position and show how it may be relating to other accounts over time.
Noncontrolling Interest In Consolidated Entity10 Years Trend
Slightly volatile
   Noncontrolling Interest In Consolidated Entity   
       Timeline  

Genie Noncontrolling Interest In Consolidated Entity Regression Statistics

Arithmetic Mean(10,240,835)
Coefficient Of Variation(43.92)
Mean Deviation3,882,135
Median(12,016,000)
Standard Deviation4,498,075
Sample Variance20.2T
Range12.5M
R-Value(0.73)
Mean Square Error10.3T
R-Squared0.53
Significance0
Slope(731,236)
Total Sum of Squares283.3T

Genie Noncontrolling Interest In Consolidated Entity History

2024-12.7 M
2023-12.1 M
2022-13.5 M
2021-12.5 M
2020-12 M
2019-13.9 M
2018-11 M

About Genie Energy Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Genie Energy income statement, its balance sheet, and the statement of cash flows. Genie Energy investors use historical funamental indicators, such as Genie Energy's Noncontrolling Interest In Consolidated Entity, to determine how well the company is positioned to perform in the future. Although Genie Energy investors may use each financial statement separately, they are all related. The changes in Genie Energy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Genie Energy's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Genie Energy Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Genie Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Noncontrolling Interest In Consolidated Entity-12.1 M-12.7 M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Genie Energy is a strong investment it is important to analyze Genie Energy'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 Genie Energy's future performance. For an informed investment choice regarding Genie Stock, refer to the following important reports:
Check out the analysis of Genie Energy Correlation against competitors.
For information on how to trade Genie Stock refer to our How to Trade Genie Stock guide.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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Is Genie Energy'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 Genie Energy. If investors know Genie 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 Genie Energy 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
(0.44)
Dividend Share
0.3
Earnings Share
0.38
Revenue Per Share
17.096
Quarterly Revenue Growth
0.137
The market value of Genie Energy is measured differently than its book value, which is the value of Genie that is recorded on the company's balance sheet. Investors also form their own opinion of Genie Energy's value that differs from its market value or its book value, called intrinsic value, which is Genie Energy'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 Genie Energy's market value can be influenced by many factors that don't directly affect Genie Energy'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 Genie Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genie Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genie Energy'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.