GROW Income Before Tax vs Minority Interest Analysis

GROW Stock  USD 2.68  0.01  0.37%   
US Global financial indicator trend analysis is much more than just breaking down US Global Investors prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether US Global Investors is a good investment. Please check the relationship between US Global Income Before Tax and its Minority Interest accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in US Global Investors. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

Income Before Tax vs Minority Interest

Income Before Tax vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of US Global Investors Income Before Tax account and Minority Interest. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between US Global's Income Before Tax and Minority Interest is -0.19. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Minority Interest in the same time period over historical financial statements of US Global Investors, assuming nothing else is changed. The correlation between historical values of US Global's Income Before Tax 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 Income Before Tax of US Global Investors 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 Income Before Tax i.e., US Global's Income Before Tax and Minority Interest go up and down completely randomly.

Correlation Coefficient

-0.19
Relationship DirectionNegative 
Relationship StrengthInsignificant

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on US Global income statement and is an important metric when analyzing US Global Investors profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

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 US Global Investors whose combined shares represent less than 50% of the total outstanding shares issued by US Global have a minority interest in US Global.
Most indicators from US Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into US Global Investors 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 US Global Investors. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
At this time, US Global's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 71.2 K in 2024, whereas Tax Provision is likely to drop slightly above 963.8 K in 2024.

US Global fundamental ratios Correlations

0.760.860.860.04-0.050.84-0.040.04-0.160.170.91-0.080.020.15-0.78-0.66-0.32-0.07-0.02-0.50.860.320.02-0.62-0.78
0.760.980.98-0.570.310.980.52-0.57-0.43-0.380.93-0.05-0.51-0.16-0.98-0.86-0.49-0.05-0.25-0.490.98-0.3-0.52-0.07-0.98
0.860.981.0-0.420.191.00.39-0.42-0.36-0.240.98-0.1-0.39-0.08-0.98-0.85-0.49-0.09-0.2-0.561.0-0.12-0.39-0.25-0.98
0.860.981.0-0.420.191.00.4-0.42-0.36-0.240.98-0.1-0.39-0.08-0.98-0.85-0.49-0.1-0.2-0.561.0-0.13-0.4-0.25-0.98
0.04-0.57-0.42-0.42-0.44-0.41-0.911.00.560.91-0.310.020.940.420.520.580.290.030.40.13-0.420.940.96-0.70.52
-0.050.310.190.19-0.440.180.3-0.43-0.55-0.330.110.58-0.34-0.02-0.27-0.18-0.120.62-0.10.370.18-0.49-0.360.63-0.27
0.840.981.01.0-0.410.180.39-0.41-0.32-0.220.97-0.11-0.36-0.1-0.97-0.82-0.49-0.11-0.2-0.551.0-0.11-0.37-0.25-0.97
-0.040.520.390.4-0.910.30.39-0.92-0.39-0.960.31-0.31-0.9-0.2-0.48-0.49-0.11-0.34-0.3-0.130.39-0.83-0.90.58-0.48
0.04-0.57-0.42-0.421.0-0.43-0.41-0.920.570.92-0.320.030.960.370.520.580.30.040.420.12-0.420.940.97-0.70.53
-0.16-0.43-0.36-0.360.56-0.55-0.32-0.390.570.45-0.35-0.40.63-0.090.430.490.51-0.50.29-0.02-0.350.530.62-0.420.43
0.17-0.38-0.24-0.240.91-0.33-0.22-0.960.920.45-0.180.230.940.170.350.460.040.250.310.06-0.240.90.93-0.690.35
0.910.930.980.98-0.310.110.970.31-0.32-0.35-0.18-0.1-0.340.06-0.95-0.85-0.51-0.1-0.17-0.590.98-0.02-0.34-0.36-0.95
-0.08-0.05-0.1-0.10.020.58-0.11-0.310.03-0.40.23-0.10.05-0.120.070.11-0.380.93-0.040.44-0.11-0.10.020.310.07
0.02-0.51-0.39-0.390.94-0.34-0.36-0.90.960.630.94-0.340.050.180.490.60.370.060.440.17-0.390.91.0-0.630.5
0.15-0.16-0.08-0.080.42-0.02-0.1-0.20.37-0.090.170.06-0.120.180.080.070.06-0.07-0.06-0.05-0.070.410.25-0.340.08
-0.78-0.98-0.98-0.980.52-0.27-0.97-0.480.520.430.35-0.950.070.490.080.920.520.070.250.6-0.980.250.50.141.0
-0.66-0.86-0.85-0.850.58-0.18-0.82-0.490.580.490.46-0.850.110.60.070.920.470.110.30.71-0.860.350.60.060.92
-0.32-0.49-0.49-0.490.29-0.12-0.49-0.110.30.510.04-0.51-0.380.370.060.520.47-0.390.420.38-0.50.170.360.040.51
-0.07-0.05-0.09-0.10.030.62-0.11-0.340.04-0.50.25-0.10.930.06-0.070.070.11-0.39-0.030.44-0.1-0.090.040.310.07
-0.02-0.25-0.2-0.20.4-0.1-0.2-0.30.420.290.31-0.17-0.040.44-0.060.250.30.42-0.030.11-0.20.360.41-0.210.25
-0.5-0.49-0.56-0.560.130.37-0.55-0.130.12-0.020.06-0.590.440.17-0.050.60.710.380.440.11-0.57-0.10.150.480.6
0.860.981.01.0-0.420.181.00.39-0.42-0.35-0.240.98-0.11-0.39-0.07-0.98-0.86-0.5-0.1-0.2-0.57-0.12-0.39-0.26-0.98
0.32-0.3-0.12-0.130.94-0.49-0.11-0.830.940.530.9-0.02-0.10.90.410.250.350.17-0.090.36-0.1-0.120.92-0.880.25
0.02-0.52-0.39-0.40.96-0.36-0.37-0.90.970.620.93-0.340.021.00.250.50.60.360.040.410.15-0.390.92-0.650.5
-0.62-0.07-0.25-0.25-0.70.63-0.250.58-0.7-0.42-0.69-0.360.31-0.63-0.340.140.060.040.31-0.210.48-0.26-0.88-0.650.13
-0.78-0.98-0.98-0.980.52-0.27-0.97-0.480.530.430.35-0.950.070.50.081.00.920.510.070.250.6-0.980.250.50.13
Click cells to compare fundamentals

US Global Account Relationship Matchups

US Global fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets18.8M62.3M60.7M55.7M64.0M35.7M
Other Current Liab1.4M4.8M3.6M2.8M2.5M2.4M
Total Current Liabilities2.0M5.2M4.1M2.9M2.6M2.5M
Total Stockholder Equity16.8M54.3M56.5M52.2M60.0M63.0M
Property Plant And Equipment Net1.6M1.4M1.5M1.2M1.1M1.9M
Net Debt(1.4M)(14.4M)(22.2M)(25.3M)(22.8M)(21.7M)
Retained Earnings2.6M33.8M38.0M37.7M43.4M45.6M
Accounts Payable142K327K533K629K723.4K759.5K
Cash1.9M14.4M22.3M25.4M29.2M30.7M
Non Current Assets Total8.3M35.5M22.7M15.3M13.8M10.2M
Non Currrent Assets Other92K99K216K217K249.6K237.1K
Cash And Short Term Investments8.3M20.8M34.5M37.0M42.6M44.7M
Net Receivables974K4.7M2.2M1.8M1.6M2.4M
Common Stock Shares Outstanding15.1M15.1M15.0M14.6M16.8M16.3M
Liabilities And Stockholders Equity18.8M62.3M60.7M55.7M64.0M35.7M
Non Current Liabilities Total43K2.8M66K538K618.7K587.8K
Other Current Assets7.6M9.8M1.4M13.7M12.4M11.7M
Other Stockholder Equity13.7M13.5M13.8M12.7M14.6M13.5M
Total Liab2.1M8.0M4.2M3.5M3.1M3.0M
Property Plant And Equipment Gross1.6M5.5M5.7M5.7M6.5M6.8M
Total Current Assets10.5M26.8M38.0M40.4M46.4M48.8M
Accumulated Other Comprehensive Income(4K)6.6M4.3M1.3M1.6M1.6M
Other Assets72K92K99K468K421.2K555.2K
Inventory(6.3M)(8.5M)1.0(12.2M)(14.1M)(14.8M)
Property Plant Equipment1.7M1.6M1.4M1.5M1.3M1.9M
Net Tangible Assets21.7M16.8M54.3M56.5M65.0M36.2M
Deferred Long Term Liab133K7K4K9K10.4K9.8K
Long Term Investments6.6M34.0M20.7M12.0M13.8M12.6M

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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 US Global Investors is a strong investment it is important to analyze US Global'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 US Global's future performance. For an informed investment choice regarding GROW Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in US Global Investors. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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Is US Global'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 US Global. If investors know GROW 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 US Global 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
0.512
Dividend Share
0.09
Earnings Share
0.12
Revenue Per Share
0.897
Quarterly Revenue Growth
(0.24)
The market value of US Global Investors is measured differently than its book value, which is the value of GROW that is recorded on the company's balance sheet. Investors also form their own opinion of US Global's value that differs from its market value or its book value, called intrinsic value, which is US Global'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 US Global's market value can be influenced by many factors that don't directly affect US Global'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 US Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if US Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, US Global'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.