Grasim Minority Interest vs Selling And Marketing Expenses Analysis

GRASIM Stock   2,670  32.85  1.25%   
Grasim Industries financial indicator trend analysis is much more than just examining Grasim Industries latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Grasim Industries is a good investment. Please check the relationship between Grasim Industries Minority Interest and its Selling And Marketing Expenses accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grasim Industries Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Minority Interest vs Selling And Marketing Expenses

Minority Interest vs Selling And Marketing Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Grasim Industries Minority Interest account and Selling And Marketing Expenses. At this time, the significance of the direction appears to have no relationship.
The correlation between Grasim Industries' Minority Interest and Selling And Marketing Expenses is 0.02. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Selling And Marketing Expenses in the same time period over historical financial statements of Grasim Industries Limited, assuming nothing else is changed. The correlation between historical values of Grasim Industries' Minority Interest and Selling And Marketing Expenses 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 Grasim Industries Limited are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Minority Interest i.e., Grasim Industries' Minority Interest and Selling And Marketing Expenses go up and down completely randomly.

Correlation Coefficient

0.02
Relationship DirectionPositive 
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 Grasim Industries Limited whose combined shares represent less than 50% of the total outstanding shares issued by Grasim Industries have a minority interest in Grasim Industries.

Selling And Marketing Expenses

Most indicators from Grasim Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Grasim Industries 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 Grasim Industries Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
At present, Grasim Industries' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Discontinued Operations is expected to grow to about 6.2 B, whereas Tax Provision is forecasted to decline to about 26.9 B.
 2021 2022 2023 2024 (projected)
Gross Profit465.5B616.6B635.9B667.7B
Total Revenue945.9B1.2T1.3T1.4T

Grasim Industries fundamental ratios Correlations

0.990.81.00.990.980.550.990.910.960.891.00.490.950.970.940.860.941.00.950.76-0.081.01.00.990.9
0.990.830.990.960.970.481.00.890.930.890.990.450.920.980.930.850.91.00.930.78-0.130.990.990.990.9
0.80.830.850.740.8-0.040.830.830.830.840.8-0.110.790.710.590.440.760.810.860.97-0.030.820.820.850.53
1.00.990.850.980.980.490.990.930.970.90.990.410.940.950.910.810.930.990.960.81-0.061.00.990.990.86
0.990.960.740.980.980.620.960.890.950.850.990.540.950.960.940.870.940.980.940.7-0.010.980.980.960.9
0.980.970.80.980.980.540.970.880.960.90.980.430.950.940.910.810.940.970.960.750.010.980.990.970.86
0.550.48-0.040.490.620.540.480.40.480.360.560.890.540.610.720.770.560.530.4-0.05-0.10.520.530.440.73
0.991.00.830.990.960.970.480.890.930.880.990.450.920.980.940.850.90.990.930.77-0.130.990.990.990.9
0.910.890.830.930.890.880.40.890.960.840.910.290.90.820.770.670.890.910.930.86-0.080.920.910.90.71
0.960.930.830.970.950.960.480.930.960.860.960.360.950.880.830.730.940.950.980.83-0.010.960.960.940.77
0.890.890.840.90.850.90.360.880.840.860.880.20.890.830.780.670.850.890.870.80.010.890.90.890.73
1.00.990.80.990.990.980.560.990.910.960.880.490.950.970.940.860.931.00.940.75-0.071.01.00.990.91
0.490.45-0.110.410.540.430.890.450.290.360.20.490.380.590.710.790.410.480.29-0.13-0.110.460.450.40.74
0.950.920.790.940.950.950.540.920.90.950.890.950.380.880.860.761.00.940.920.770.050.940.960.910.8
0.970.980.710.950.960.940.610.980.820.880.830.970.590.880.980.930.860.970.870.63-0.190.970.970.960.97
0.940.930.590.910.940.910.720.940.770.830.780.940.710.860.980.970.850.940.80.52-0.140.930.930.910.99
0.860.850.440.810.870.810.770.850.670.730.670.860.790.760.930.970.760.860.690.37-0.190.850.840.810.98
0.940.90.760.930.940.940.560.90.890.940.850.930.411.00.860.850.760.920.90.750.060.930.950.890.8
1.01.00.810.990.980.970.530.990.910.950.891.00.480.940.970.940.860.920.930.77-0.121.00.990.990.91
0.950.930.860.960.940.960.40.930.930.980.870.940.290.920.870.80.690.90.930.850.010.940.950.950.74
0.760.780.970.810.70.75-0.050.770.860.830.80.75-0.130.770.630.520.370.750.770.85-0.020.780.780.80.44
-0.08-0.13-0.03-0.06-0.010.01-0.1-0.13-0.08-0.010.01-0.07-0.110.05-0.19-0.14-0.190.06-0.120.01-0.02-0.1-0.08-0.07-0.18
1.00.990.821.00.980.980.520.990.920.960.891.00.460.940.970.930.850.931.00.940.78-0.11.00.990.9
1.00.990.820.990.980.990.530.990.910.960.91.00.450.960.970.930.840.950.990.950.78-0.081.00.980.89
0.990.990.850.990.960.970.440.990.90.940.890.990.40.910.960.910.810.890.990.950.8-0.070.990.980.87
0.90.90.530.860.90.860.730.90.710.770.730.910.740.80.970.990.980.80.910.740.44-0.180.90.890.87
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Grasim Industries Account Relationship Matchups

Grasim Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.4T2.7T2.9T3.4T4.1T4.3T
Short Long Term Debt Total846.5B777.0B745.5B1.0T1.4T1.4T
Other Current Liab58.5B24.1B25.9B64.4B247.6B260.0B
Total Current Liabilities466.3B514.2B578.8B695.3B924.3B970.5B
Total Stockholder Equity566.5B654.9B757.0B787.4B886.5B930.9B
Property Plant And Equipment Net616.4B614.6B666.0B738.8B902.5B947.7B
Current Deferred Revenue95.4B171.1B170.2B148.3B29.5B57.5B
Net Debt815.8B750.9B723.1B1.0T1.3T1.4T
Retained Earnings46.3B60.2B101.6B129.8B149.3B156.7B
Accounts Payable66.9B81.2B115.8B133.5B153.6B161.2B
Cash30.7B26.2B22.4B23.1B46.5B48.8B
Non Current Assets Total1.9T2.1T2.3T2.7T3.3T3.4T
Non Currrent Assets Other684.2B761.0B848.2B1.1T46.3B44.0B
Cash And Short Term Investments151.8B224.2B179.7B208.7B267.5B280.9B
Net Receivables298.4B282.2B286.3B319.2B381.5B400.6B
Good Will200.5B200.1B200.6B201.4B201.5B211.6B
Common Stock Shares Outstanding659.4M659.9M660.2M659.9M660.5M580.0M
Short Term Investments121.1B198.0B157.3B185.6B221.0B232.1B
Liabilities And Stockholders Equity2.4T2.7T2.9T3.4T4.1T4.3T
Non Current Liabilities Total1.1T1.1T1.2T1.4T1.8T1.9T
Inventory68.1B62.0B95.4B111.6B135.4B142.2B
Other Current Assets5.2B6.2B6.3B35.5B79.2B83.1B
Other Stockholder Equity270.1B270.5B269.9B268.7B309.0B219.2B
Total Liab1.5T1.6T1.7T2.1T2.7T2.9T
Total Current Assets523.5B574.6B567.6B675.0B863.7B906.8B
Accumulated Other Comprehensive Income248.8B322.9B384.2B387.6B885.2B929.5B
Short Term Debt245.5B237.8B267.0B349.2B493.7B518.3B
Intangible Assets97.7B93.0B89.4B86.4B84.3B88.5B
Common Stock1.3B1.3B1.3B1.3B1.3B1.3B
Other Liab472.0B466.7B585.5B674.7B775.9B814.7B
Net Tangible Assets265.2B268.2B361.8B467.0B537.1B317.4B
Other Assets685.8B739.8B(100K)315.0B1.00.95
Long Term Debt587.5B524.9B465.5B667.1B861.2B433.8B
Short Long Term Debt119.9B235.6B264.6B346.4B489.9B514.4B
Property Plant Equipment618.1B614.6B666.0B738.8B849.7B541.5B
Long Term Debt Total601.1B539.4B478.7B681.2B783.4B466.5B
Capital Surpluse271.7B272.0B272.3B272.6B313.4B217.5B
Capital Lease Obligations15.6B16.7B15.6B16.9B20.5B11.7B
Non Current Liabilities Other390.4B1.3B763.2M162.4M248M235.6M

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Other Information on Investing in Grasim Stock

Balance Sheet is a snapshot of the financial position of Grasim Industries at a specified time, usually calculated after every quarter, six months, or one year. Grasim Industries Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Grasim Industries and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Grasim currently owns. An asset can also be divided into two categories, current and non-current.