Net Income Attributable to Noncontrolling Interest Definition & Meaning | Financial Term | CSIMarket
CSI Market
Sign In | Register

Glossary

Net Income Attributable to Noncontrolling Interest

Financial Term

Net Income Attributable to Noncontrolling Interest refers to the portion of a company’s profits that belongs to minority shareholders or noncontrolling interest in a subsidiary. Noncontrolling interest is the ownership percentage of a company’s subsidiary that is not owned by the parent company.

In financial accounting, noncontrolling interest is reported on a company’s balance sheet as a separate component of equity. Noncontrolling interest is calculated as the percentage of a subsidiary’s outstanding shares that is not owned by the parent company. The net income attributable to noncontrolling interest is then calculated based on this percentage, using the same formula for net income as used for the parent company.

The net income attributable to noncontrolling interest is an important measure of a company’s performance, as it indicates the portion of a subsidiary’s profits that belong to minority shareholders. This measure is often used to evaluate the profitability of a subsidiary and is also reported in a company’s consolidated financial statements.

In the financial industry, the net income attributable to noncontrolling interest is valuable data for investors and analysts. By understanding the portion of a subsidiary’s profits that belong to minority shareholders, investors can better evaluate a company’s overall earnings and its value as an investment. Additionally, the net income attributable to noncontrolling interest is used in the calculation of various financial ratios, such as return on equity, which are used to evaluate a company’s financial health and performance.




More Glossary Terms Beginning with N
  • Nanotechnology
    Nanotechnology refers to the development of products and production processes at the molecular level, which is a scale smaller than 100 nanometers (a nanometer is one-billionth of a meter).
    Manufacturing Term Letter: N
  • National Association of Insurance Commissioners NAIC
    An organization of the insurance commissioners or directors of all 50 states, the District of Columbia and the five U.S. territories organized to promote consistency of regulatory practice and statutory accounting standards throughout the United States.
    Insurance Term Letter: N
  • National income NI
    The sum of all incomes, net of consumption of fixed capital (CFC), earned in production. Includes both factor incomes and nonfactor charges. It formerly excluded nonfactor charges.
    Economy Term Letter: N
  • Natural Gas Equivalents
    Oil and NGL volumes are converted to natural gas equivalents using the ratio of one barrel of crude oil, condensate or NGL to 6,000 cubic feet of natural gas.
    Energy Term Letter: N
  • Natural Gas Liquids
    Natural gas liquids, often referred to as NGLs, are both feedstocks used in the manufacture of refined fuels and are products of the refining process. Common NGLs used include propane, isobutane, normal butane and natural gasoline.
    Energy Term Letter: N
  • Natural Gas Liquids NGL
    Liquid hydrocarbons that are extracted and separated from the natural gas stream. NGL products include ethane, propane, butane, natural gasoline and heavier hydrocarbons.
    Energy Term Letter: N
  • NDA or New Drug Application
    When the sponsor of a new drug believes that enough evidence on the drugs safety and effectiveness has been obtained to meet FDAs requirements for marketing approval, the sponsor submits to FDA a new drug application (NDA). The application must contain data from specific technical viewpoints for review, including chemistry, pharmacology, medical, biopharmaceutics, and statistics. If the NDA is app
    Health Care Term Letter: N
  • Net Asset Value NAV
    The value of one share of a mutual fund. NAV is calculated by taking the funds total assets, subtracting liabilities, and dividing by the number of shares outstanding.
    Financial Term Letter: N
  • Net Card Fees
    Represents the charge card membership fees earned during the period. These fees are recognized as revenue over the covered card membership period (typically one year), net of provision for projected refunds for cancellation of card membership.
    Financial Term Letter: N
  • Net domestic product NDP
    The market value of the goods and services produced by labor and property in the United States less the value of the fixed capital used up in production; equal to gross domestic product (GDP) less consumption of fixed capital (CFC). NDP may be viewed as an estimate of sustainable product, which is a rough measure of the level of consumption that can be maintained while leaving capital assets intac
    Economy Term Letter: N
  • Net exports of goods and services
    Exports of goods and services minus imports of goods and services.
    Economy Term Letter: N
  • Net government saving
    The difference between government current receipts and government current expenditures, national income and product accounts.
    Economy Term Letter: N