The non controlling interest refers to the companies ownership of other companies. For example: say Apple owns 75% of Beats and effectively controls Beats. Apple would then consolidate Beats financials with its own but because Apple doesn't own 100% of Beats, it need to reflect the portion that the other "non controlling" owners stake. That's why apple lists the minority interest position to effectively reduce it's ownership of beats financials.
Vitae reprehenderit voluptate expedita atque. Incidunt molestiae dignissimos distinctio dolore consequatur. Eos enim illum quia. Harum perspiciatis doloremque recusandae at similique veniam.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
Sorry, you need to login or sign up in order to vote. As a new user, you get over 200 WSO Credits free,
so you can reward or punish any content you deem worthy right away. See you on the other side!
The non controlling interest refers to the companies ownership of other companies. For example: say Apple owns 75% of Beats and effectively controls Beats. Apple would then consolidate Beats financials with its own but because Apple doesn't own 100% of Beats, it need to reflect the portion that the other "non controlling" owners stake. That's why apple lists the minority interest position to effectively reduce it's ownership of beats financials.
Vitae reprehenderit voluptate expedita atque. Incidunt molestiae dignissimos distinctio dolore consequatur. Eos enim illum quia. Harum perspiciatis doloremque recusandae at similique veniam.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...