Genuine Minority Interest vs Depreciation And Amortization Analysis
GPC Stock | USD 159.93 1.14 0.71% |
Genuine Parts financial indicator trend analysis is much more than just examining Genuine Parts latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Genuine Parts is a good investment. Please check the relationship between Genuine Parts Minority Interest and its Depreciation And Amortization accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genuine Parts Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
Minority Interest vs Depreciation And Amortization
Minority Interest vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Genuine Parts Minority Interest account and Depreciation And Amortization. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Genuine Parts' Minority Interest and Depreciation And Amortization is 0.13. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Genuine Parts Co, assuming nothing else is changed. The correlation between historical values of Genuine Parts' Minority Interest and Depreciation And Amortization 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 Genuine Parts Co are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Minority Interest i.e., Genuine Parts' Minority Interest and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.13 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
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 Genuine Parts Co whose combined shares represent less than 50% of the total outstanding shares issued by Genuine Parts have a minority interest in Genuine Parts.Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Most indicators from Genuine Parts' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Genuine Parts 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genuine Parts Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. The current year's Enterprise Value is expected to grow to about 16.1 B, whereas Selling General Administrative is forecasted to decline to about 3.1 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 6.6B | 7.7B | 7.9B | 8.3B | Total Revenue | 18.9B | 22.1B | 23.1B | 24.2B |
Genuine Parts fundamental ratios Correlations
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Genuine Parts Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Genuine Parts fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 14.6B | 13.4B | 14.4B | 16.5B | 18.0B | 18.9B | |
Short Long Term Debt Total | 4.2B | 3.5B | 3.2B | 4.2B | 4.9B | 5.1B | |
Other Current Liab | 1.7B | 1.5B | 1.8B | 2.0B | 1.8B | 1.9B | |
Total Current Liabilities | 6.4B | 5.9B | 6.6B | 7.7B | 7.8B | 8.2B | |
Total Stockholder Equity | 3.7B | 3.2B | 3.5B | 3.8B | 4.4B | 2.6B | |
Property Plant And Equipment Net | 2.2B | 2.2B | 2.3B | 2.4B | 2.9B | 3.0B | |
Net Debt | 3.9B | 2.5B | 2.5B | 3.5B | 3.8B | 4.0B | |
Retained Earnings | 4.6B | 4.0B | 4.1B | 4.5B | 5.1B | 2.8B | |
Cash | 277.0M | 990.2M | 714.7M | 653.5M | 1.1B | 1.2B | |
Non Current Assets Total | 6.7B | 6.3B | 6.6B | 7.7B | 8.4B | 8.8B | |
Non Currrent Assets Other | 616.1M | 495.5M | 840.4M | 847.3M | 949.5M | 997.0M | |
Cash And Short Term Investments | 277.0M | 990.2M | 714.7M | 653.5M | 1.1B | 1.2B | |
Net Receivables | 2.4B | 1.6B | 1.8B | 2.2B | 2.2B | 1.3B | |
Common Stock Shares Outstanding | 146.4M | 145.1M | 144.2M | 142.3M | 141.0M | 133.3M | |
Liabilities And Stockholders Equity | 14.6B | 13.4B | 14.4B | 16.5B | 18.0B | 18.9B | |
Non Current Liabilities Total | 4.6B | 4.3B | 4.3B | 5.0B | 5.7B | 6.0B | |
Inventory | 3.4B | 3.5B | 3.9B | 4.4B | 4.7B | 4.9B | |
Other Current Assets | 1.1B | 1.1B | 1.4B | 1.5B | 1.6B | 1.7B | |
Other Stockholder Equity | 98.8M | 117.2M | 120.0M | 140.3M | 173.0M | 181.7M | |
Total Liab | 11.0B | 10.2B | 10.8B | 12.7B | 13.6B | 14.2B | |
Total Current Assets | 7.9B | 7.1B | 7.8B | 8.8B | 9.6B | 10.1B | |
Short Term Debt | 624.0M | 160.5M | 17M | 252.0M | 355.3M | 373.1M | |
Accounts Payable | 3.9B | 4.1B | 4.8B | 5.5B | 5.5B | 5.8B | |
Property Plant And Equipment Gross | 2.3B | 2.2B | 3.6B | 3.9B | 4.5B | 4.7B | |
Accumulated Other Comprehensive Income | (1.1B) | (1.0B) | (857.7M) | (1.0B) | (976.9M) | (928.0M) | |
Intangible Assets | 1.5B | 1.5B | 1.4B | 1.8B | 1.8B | 907.1M | |
Common Stock Total Equity | 145.4M | 144.4M | 142.2M | 140.9M | 126.8M | 127.1M | |
Common Stock | 145.4M | 144.4M | 142.2M | 140.9M | 139.6M | 126.5M | |
Other Assets | 553.8M | 1.7B | 985.9M | 847.3M | 974.4M | 584.8M | |
Long Term Debt | 2.8B | 2.5B | 2.4B | 3.1B | 3.6B | 3.7B | |
Good Will | 2.3B | 1.9B | 1.9B | 2.6B | 2.7B | 2.9B | |
Property Plant Equipment | 1.2B | 1.2B | 1.2B | 2.4B | 2.8B | 2.9B | |
Current Deferred Revenue | 110.9M | 114.0M | (17M) | 132.6M | 119.4M | 95.3M | |
Other Liab | 928.4M | 1.0B | 1.1B | 1.1B | 1.3B | 739.7M | |
Net Tangible Assets | 637.8M | 578.4M | 958.2M | 225.8M | 203.2M | 193.0M | |
Noncontrolling Interest In Consolidated Entity | 20.8M | 13.2M | 12.5M | 14.1M | 16.2M | 17.1M | |
Retained Earnings Total Equity | 4.6B | 4.0B | 4.1B | 4.5B | 5.2B | 4.2B | |
Long Term Debt Total | 2.8B | 2.5B | 2.4B | 3.1B | 3.5B | 3.7B |
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Is Genuine Parts' 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 Genuine Parts. If investors know Genuine 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 Genuine Parts 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 (0.17) | Dividend Share 3.85 | Earnings Share 8.97 | Revenue Per Share 165.038 | Quarterly Revenue Growth 0.003 |
The market value of Genuine Parts is measured differently than its book value, which is the value of Genuine that is recorded on the company's balance sheet. Investors also form their own opinion of Genuine Parts' value that differs from its market value or its book value, called intrinsic value, which is Genuine Parts' 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 Genuine Parts' market value can be influenced by many factors that don't directly affect Genuine Parts' 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 Genuine Parts' value and its price as these two are different measures arrived at by different means. Investors typically determine if Genuine Parts is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genuine Parts' 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.