Drax Group (Drax Group) Other Income (Minority Interest) : $2 Mil (TTM As of Dec. 2023)

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What is Drax Group Other Income (Minority Interest)?

Other Income (Minority Interest) represents par value or stated value of the subsidiary stock not owned by the parent company plus the minority interest's equity in the surplus of the subsidiary. Drax Group's Other Income (Minority Interest) for the six months ended in Dec. 2023 was $1 Mil. Its Other Income (Minority Interest) for the trailing twelve months (TTM) ended in Dec. 2023 was $2 Mil.

Drax Group Other Income (Minority Interest) Historical Data

The historical data trend for Drax Group's Other Income (Minority Interest) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Drax Group Other Income (Minority Interest) Chart

Drax Group Annual Data

Trend

Dec14

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Dec23

Other Income (Minority Interest)

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0.67

3.17

1.65

Drax Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Other Income (Minority Interest)	Get a 7-Day Free Trial															0.40	1.23	1.95	1.14	0.51

Drax Group Other Income (Minority Interest) Calculation

Other Income (Minority Interest) represents par value or stated value of the subsidiary stock not owned by the parent company plus the minority interest's equity in the surplus of the subsidiary.

Other Income (Minority Interest) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $2 Mil.

Drax Group (OTCPK:DRXGY) Other Income (Minority Interest) Explanation

Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company. It is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

Drax Group (Drax Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Drax Group PLC (OTCPK:DRXGY) » Definitions » Other Income (Minority Interest)

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Traded in Other Exchanges

DRXGF:USA DRXl:UK DRX:UK D9F2:Germany

Address

Drax Power Station, Selby, North Yorkshire, GBR, YO8 8PH

Website

http://www.drax.com

Drax Group PLC is a UK-based renewable energy company engaged in renewable power generation, the production of sustainable biomass and the sale of renewable electricity to businesses. It operates a generation portfolio of sustainable biomass, hydro-electric and pumped hydro storage assets across four sites in England and Scotland. The company also operates a global bioenergy supply business with manufacturing facilities at around 13 sites in the United States and Canada, producing compressed wood pellets for its own use and for customers in Europe and Asia.