TROW Minority Interest vs Net Income From Continuing Ops Analysis

TROW Stock  USD 114.02  5.19  4.77%   
T Rowe financial indicator trend analysis is much more than just breaking down T Rowe Price prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether T Rowe Price is a good investment. Please check the relationship between T Rowe Minority Interest and its Net Income From Continuing Ops accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in T Rowe Price. 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.

Minority Interest vs Net Income From Continuing Ops

Minority Interest vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of T Rowe Price Minority Interest account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between T Rowe's Minority Interest and Net Income From Continuing Ops is -0.37. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of T Rowe Price, assuming nothing else is changed. The correlation between historical values of T Rowe's Minority Interest and Net Income From Continuing Ops 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 T Rowe Price are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Minority Interest i.e., T Rowe's Minority Interest and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

-0.37
Relationship DirectionNegative 
Relationship StrengthInsignificant

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

Net Income From Continuing Ops

Most indicators from T Rowe's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into T Rowe Price 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 World Market Map to better understand how to build diversified portfolios, which includes a position in T Rowe Price. 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, T Rowe's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.23 in 2024, whereas Enterprise Value Over EBITDA is likely to drop 6.54 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit6.5B5.1B12.3T12.9T
Total Revenue7.7B6.5B6.5B6.8B

T Rowe fundamental ratios Correlations

0.830.99-0.730.99-0.170.920.20.390.951.00.570.790.870.750.850.940.460.22-0.130.910.480.920.740.760.91
0.830.87-0.480.880.050.74-0.070.240.90.840.870.910.70.370.620.740.110.23-0.290.90.220.880.460.850.99
0.990.87-0.760.99-0.050.860.250.380.980.980.60.780.90.720.80.950.430.33-0.120.90.420.90.750.740.93
-0.73-0.48-0.76-0.72-0.15-0.45-0.56-0.25-0.73-0.66-0.15-0.23-0.95-0.64-0.48-0.91-0.49-0.58-0.18-0.48-0.12-0.47-0.93-0.18-0.55
0.990.880.99-0.72-0.110.890.150.390.970.990.630.810.880.690.830.930.410.24-0.170.910.40.920.720.770.94
-0.170.05-0.05-0.15-0.11-0.420.34-0.130.05-0.210.06-0.230.08-0.34-0.370.0-0.040.730.34-0.16-0.33-0.24-0.13-0.24-0.02
0.920.740.86-0.450.89-0.420.010.320.820.940.550.850.640.750.860.750.38-0.07-0.280.890.640.90.540.840.81
0.2-0.070.25-0.560.150.340.010.050.230.15-0.28-0.190.370.56-0.070.370.430.760.450.060.320.010.53-0.13-0.01
0.390.240.38-0.250.39-0.130.320.050.320.410.210.240.270.310.630.310.410.030.010.390.090.40.240.220.31
0.950.90.98-0.730.970.050.820.230.320.940.690.770.870.670.730.910.440.42-0.150.90.350.870.720.730.94
1.00.840.98-0.660.99-0.210.940.150.410.940.60.830.830.750.860.90.440.17-0.170.930.50.940.690.80.92
0.570.870.6-0.150.630.060.55-0.280.210.690.60.820.370.120.40.40.050.13-0.40.750.020.730.150.760.82
0.790.910.78-0.230.81-0.230.85-0.190.240.770.830.820.490.410.650.590.04-0.09-0.360.920.460.940.280.990.91
0.870.70.9-0.950.880.080.640.370.270.870.830.370.490.640.640.980.420.450.040.670.20.680.890.440.76
0.750.370.72-0.640.69-0.340.750.560.310.670.750.120.410.640.630.730.680.280.020.620.710.60.780.440.48
0.850.620.8-0.480.83-0.370.86-0.070.630.730.860.40.650.640.630.720.45-0.09-0.130.740.420.760.540.620.71
0.940.740.95-0.910.930.00.750.370.310.910.90.40.590.980.730.720.470.410.030.760.360.760.870.550.81
0.460.110.43-0.490.41-0.040.380.430.410.440.440.050.040.420.680.450.470.410.250.360.330.280.520.040.21
0.220.230.33-0.580.240.73-0.070.760.030.420.170.13-0.090.450.28-0.090.410.410.330.14-0.060.030.46-0.110.21
-0.13-0.29-0.12-0.18-0.170.34-0.280.450.01-0.15-0.17-0.4-0.360.040.02-0.130.030.250.33-0.220.19-0.310.05-0.3-0.24
0.910.90.9-0.480.91-0.160.890.060.390.90.930.750.920.670.620.740.760.360.14-0.220.50.950.50.90.94
0.480.220.42-0.120.4-0.330.640.320.090.350.50.020.460.20.710.420.360.33-0.060.190.50.460.230.570.3
0.920.880.9-0.470.92-0.240.90.010.40.870.940.730.940.680.60.760.760.280.03-0.310.950.460.510.910.93
0.740.460.75-0.930.72-0.130.540.530.240.720.690.150.280.890.780.540.870.520.460.050.50.230.510.240.53
0.760.850.74-0.180.77-0.240.84-0.130.220.730.80.760.990.440.440.620.550.04-0.11-0.30.90.570.910.240.87
0.910.990.93-0.550.94-0.020.81-0.010.310.940.920.820.910.760.480.710.810.210.21-0.240.940.30.930.530.87
Click cells to compare fundamentals

T Rowe Account Relationship Matchups

T Rowe fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.3B10.7B12.5B11.6B12.3B12.9B
Total Stockholder Equity7.1B7.7B9.0B8.8B9.5B10.0B
Net Debt(1.6B)(2.0B)(1.3B)(1.4B)(1.7B)(1.6B)
Retained Earnings6.4B7.0B8.1B8.4B9.1B9.5B
Common Stock Shares Outstanding238.6M231.2M228.8M227.1M224.8M274.9M
Liabilities And Stockholders Equity9.3B10.7B12.5B11.6B12.3B12.9B
Non Current Liabilities Total1.1B1.4B2.3B2.0B1.5B1.6B
Total Liab1.1B1.4B2.3B2.0B2.0B2.1B
Property Plant And Equipment Net785.2M813M937.4M1.0B1.0B1.1B
Non Current Assets Total6.9B7.6B9.9B9.1B9.4B9.9B
Non Currrent Assets Other201.1M(84.5M)451.2M895.7M885.5M929.8M
Other Assets202.6M219.2M2.4B2.2B2.5B2.6B
Cash And Short Term Investments1.8B2.2B1.5B1.8B2.1B2.2B
Net Receivables646.6M863.1M1.1B748.7M614.9M322.2M
Total Current Assets2.4B3.0B2.6B2.5B2.9B3.0B
Common Stock47M45.6M45.8M44.9M44.8M46.9M
Other Current Liab31.8M85M77.9M(283.6M)8.7M10.2M
Total Current Liabilities246.3M272.7M508.9M452.7M475.7M499.5M
Other Liab39.2M618.1M1.4B184.9M212.6M194.4M
Accounts Payable214.5M187.7M431M406.7M409.5M430.0M
Cash1.8B2.2B1.5B1.8B2.1B1.2B
Accumulated Other Comprehensive Income(43M)(23M)(26.5M)(53M)(47.5M)(45.1M)
Property Plant Equipment674.4M695.4M937.4M1.0B1.2B1.2B
Common Stock Total Equity47M45.6M45.8M44.9M51.6M48.6M
Property Plant And Equipment Gross785.2M813M937.4M1.0B2.7B2.9B
Net Tangible Assets7.6B8.6B5.4B6.2B7.2B5.6B
Retained Earnings Total Equity6.4B7.0B8.1B8.4B9.7B5.1B
Long Term Investments2.9B3.3B4.9B4.1B3.7B2.6B
Non Current Liabilities Other748.9M984M2.3B2.0B962.6M836.3M
Warrants1.1B1.6B982.3M656.7M755.2M1.1B

Currently Active Assets on Macroaxis

When determining whether T Rowe Price is a strong investment it is important to analyze T Rowe'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 T Rowe's future performance. For an informed investment choice regarding TROW Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in T Rowe Price. 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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Complementary Tools for TROW Stock analysis

When running T Rowe's price analysis, check to measure T Rowe's 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 T Rowe is operating at the current time. Most of T Rowe's value examination focuses on studying past and present price action to predict the probability of T Rowe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move T Rowe's price. Additionally, you may evaluate how the addition of T Rowe to your portfolios can decrease your overall portfolio volatility.
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Is T Rowe'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 T Rowe. If investors know TROW 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 T Rowe 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
0.65
Dividend Share
4.88
Earnings Share
7.76
Revenue Per Share
28.829
Quarterly Revenue Growth
0.077
The market value of T Rowe Price is measured differently than its book value, which is the value of TROW that is recorded on the company's balance sheet. Investors also form their own opinion of T Rowe's value that differs from its market value or its book value, called intrinsic value, which is T Rowe'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 T Rowe's market value can be influenced by many factors that don't directly affect T Rowe'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 T Rowe's value and its price as these two are different measures arrived at by different means. Investors typically determine if T Rowe is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, T Rowe'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.