Linde Income Before Tax vs Minority Interest Analysis

LIN Stock  USD 432.52  2.83  0.66%   
Linde Plc financial indicator trend analysis is infinitely more than just investigating Linde plc Ordinary recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Linde plc Ordinary is a good investment. Please check the relationship between Linde Plc Income Before Tax and its Minority Interest accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Linde plc Ordinary. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

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 Linde plc Ordinary Income Before Tax account and Minority Interest. At this time, the significance of the direction appears to have no relationship.
The correlation between Linde Plc's Income Before Tax and Minority Interest is 0.04. 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 Linde plc Ordinary, assuming nothing else is changed. The correlation between historical values of Linde Plc'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 Linde plc Ordinary 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., Linde Plc's Income Before Tax and Minority Interest go up and down completely randomly.

Correlation Coefficient

0.04
Relationship DirectionPositive 
Relationship StrengthInsignificant

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Linde Plc income statement and is an important metric when analyzing Linde plc Ordinary 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 Linde plc Ordinary whose combined shares represent less than 50% of the total outstanding shares issued by Linde Plc have a minority interest in Linde Plc.
Most indicators from Linde Plc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Linde plc Ordinary 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 Linde plc Ordinary. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
At this time, Linde Plc's Issuance Of Capital Stock is very stable compared to the past year. As of the 17th of May 2024, Sales General And Administrative To Revenue is likely to grow to 0.07, while Selling General Administrative is likely to drop about 1.2 B.
 2021 2022 2023 2024 (projected)
Gross Profit13.3B13.9B15.4B16.1B
Total Revenue30.8B33.4B32.9B34.5B

Linde Plc fundamental ratios Correlations

0.880.980.961.00.980.790.990.931.00.720.930.980.840.970.960.580.980.960.860.60.980.99-0.90.990.3
0.880.860.910.840.890.970.880.910.880.540.910.940.710.950.950.320.950.880.920.520.840.82-0.710.850.16
0.980.860.980.970.930.740.970.970.970.690.970.960.810.930.970.50.970.960.90.50.980.97-0.950.970.29
0.960.910.980.950.920.810.960.980.960.710.980.970.830.930.990.480.980.940.950.50.950.94-0.920.950.3
1.00.840.970.950.980.730.990.911.00.730.910.960.840.950.940.610.960.950.820.590.981.0-0.910.990.31
0.980.890.930.920.980.830.980.880.990.70.880.970.820.980.940.590.970.940.810.650.950.97-0.820.970.28
0.790.970.740.810.730.830.80.790.790.450.790.860.650.910.870.260.880.770.840.50.730.71-0.560.760.16
0.990.880.970.960.990.980.80.910.990.750.910.980.860.970.960.590.980.940.850.620.970.98-0.880.980.4
0.930.910.970.980.910.880.790.910.920.631.00.940.730.90.960.380.950.960.950.470.920.9-0.890.90.16
1.00.880.970.961.00.990.790.990.920.730.920.980.860.970.960.60.980.950.850.60.980.99-0.90.990.32
0.720.540.690.710.730.70.450.750.630.730.630.690.870.660.670.830.690.60.580.660.650.73-0.640.710.36
0.930.910.970.980.910.880.790.911.00.920.630.940.730.90.960.380.950.960.950.470.920.9-0.890.90.16
0.980.940.960.970.960.970.860.980.940.980.690.940.820.970.990.480.990.960.910.550.960.95-0.860.950.3
0.840.710.810.830.840.820.650.860.730.860.870.730.820.820.820.770.840.690.730.630.80.85-0.780.860.41
0.970.950.930.930.950.980.910.970.90.970.660.90.970.820.960.530.990.920.850.640.920.94-0.790.950.28
0.960.950.970.990.940.940.870.960.960.960.670.960.990.820.960.450.990.940.950.50.950.93-0.880.950.28
0.580.320.50.480.610.590.260.590.380.60.830.380.480.770.530.450.520.420.270.790.480.62-0.470.590.37
0.980.950.970.980.960.970.880.980.950.980.690.950.990.840.990.990.520.950.910.590.950.95-0.860.970.29
0.960.880.960.940.950.940.770.940.960.950.60.960.960.690.920.940.420.950.860.530.950.94-0.870.920.2
0.860.920.90.950.820.810.840.850.950.850.580.950.910.730.850.950.270.910.860.310.860.81-0.830.830.11
0.60.520.50.50.590.650.50.620.470.60.660.470.550.630.640.50.790.590.530.310.430.58-0.320.580.35
0.980.840.980.950.980.950.730.970.920.980.650.920.960.80.920.950.480.950.950.860.430.98-0.940.970.27
0.990.820.970.941.00.970.710.980.90.990.730.90.950.850.940.930.620.950.940.810.580.98-0.920.990.3
-0.9-0.71-0.95-0.92-0.91-0.82-0.56-0.88-0.89-0.9-0.64-0.89-0.86-0.78-0.79-0.88-0.47-0.86-0.87-0.83-0.32-0.94-0.92-0.91-0.31
0.990.850.970.950.990.970.760.980.90.990.710.90.950.860.950.950.590.970.920.830.580.970.99-0.910.34
0.30.160.290.30.310.280.160.40.160.320.360.160.30.410.280.280.370.290.20.110.350.270.3-0.310.34
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Linde Plc Account Relationship Matchups

Linde Plc fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets86.6B88.2B81.6B79.7B80.8B84.9B
Short Long Term Debt Total14.0B16.2B14.2B17.9B20.3B21.3B
Other Current Liab3.9B4.9B4.3B4.7B4.6B4.8B
Total Current Liabilities12.2B13.7B13.6B16.5B15.7B16.5B
Total Stockholder Equity49.1B47.3B44.0B40.0B39.7B41.7B
Property Plant And Equipment Net29.1B28.7B26.0B23.5B25.5B26.8B
Net Debt11.3B12.4B11.4B12.5B15.7B16.4B
Accounts Payable3.3B3.1B3.5B3.0B3.0B3.2B
Cash2.7B3.8B2.8B5.4B4.7B4.9B
Non Current Assets Total76.3B77.3B71.4B66.6B68.2B71.6B
Non Currrent Assets Other1.7B1.9B1.7B2.1B948M889.3M
Cash And Short Term Investments2.7B3.8B2.8B5.4B4.7B4.9B
Net Receivables4.7B4.3B4.6B4.7B5.1B5.3B
Common Stock Shares Outstanding545.2M531.2M521.9M504.0M492.3M373.9M
Liabilities And Stockholders Equity86.6B88.2B81.6B79.7B80.8B84.9B
Non Current Liabilities Total22.8B24.9B22.5B21.8B24.0B25.2B
Inventory1.7B1.7B1.7B2.0B2.1B2.2B
Other Current Assets1.1B1.1B970M950M93M88.4M
Total Liab35.0B38.6B36.2B38.3B39.7B41.7B
Total Current Assets10.4B10.9B10.2B13.0B12.6B13.3B
Short Term Debt3.3B4.0B2.9B5.7B6.2B6.5B
Retained Earnings16.8B17.2B18.7B20.5B8.8B7.9B
Other Stockholder Equity37.0B34.8B30.4B25.3B36.7B38.5B
Intangible Assets16.1B16.2B13.8B12.4B12.4B13.0B
Accumulated Other Comprehensive Income(4.8B)(4.7B)(5.0B)(5.8B)(5.8B)(5.5B)
Other Liab11.4B12.8B11.2B8.9B10.3B10.8B
Other Assets948M4.2B145.5B4.8B5.5B7.8B
Long Term Debt10.6B12.2B11.3B12.2B13.4B7.5B
Treasury Stock(629M)(3.2B)(5.4B)(9.8B)(8.8B)(8.4B)
Property Plant Equipment30.1B28.7B26.0B23.5B27.1B13.9B
Current Deferred Revenue1.8B1.8B2.9B3.1B1.9B1.3B
Good Will27.0B28.2B27.0B25.8B26.8B28.1B
Property Plant And Equipment Gross30.1B29.8B49.5B51.6B56.3B59.1B
Retained Earnings Total Equity16.5B16.8B17.2B18.7B21.5B12.7B
Deferred Long Term Liab90M96M62M66M75.9M76.0M
Net Tangible Assets5.9B2.9B3.2B1.8B2.1B3.5B

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When determining whether Linde plc Ordinary offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Linde Plc'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 Linde Plc Ordinary Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Linde Plc Ordinary Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Linde plc Ordinary. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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Is Linde Plc'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 Linde Plc. If investors know Linde 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 Linde Plc 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
0.095
Dividend Share
5.215
Earnings Share
12.88
Revenue Per Share
67.448
Quarterly Revenue Growth
(0.01)
The market value of Linde plc Ordinary is measured differently than its book value, which is the value of Linde that is recorded on the company's balance sheet. Investors also form their own opinion of Linde Plc's value that differs from its market value or its book value, called intrinsic value, which is Linde Plc'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 Linde Plc's market value can be influenced by many factors that don't directly affect Linde Plc'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 Linde Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Linde Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Linde Plc'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.