Tenaris (Tenaris) Other Income (Minority Interest) : $-52 Mil (TTM As of Mar. 2024)

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What is Tenaris 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. Tenaris's Other Income (Minority Interest) for the three months ended in Mar. 2024 was $-13 Mil. Its Other Income (Minority Interest) for the trailing twelve months (TTM) ended in Mar. 2024 was $-52 Mil.

Tenaris Other Income (Minority Interest) Historical Data

The historical data trend for Tenaris'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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Tenaris Other Income (Minority Interest) Chart

Tenaris Annual Data

Trend

Dec14

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Other Income (Minority Interest)

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11.43

8.00

46.87

4.58

-39.77

Tenaris Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Other Income (Minority Interest)	Get a 7-Day Free Trial															-0.58	-13.01	-9.49	-16.68	-13.25

Tenaris 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-52 Mil.

Tenaris (NYSE:TS) 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.

Tenaris (Tenaris) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tenaris SA (NYSE:TS) » Definitions » Other Income (Minority Interest)

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Traded in Other Exchanges

TNRSF:USA TEN:Italy TENm:UK 0HXB:UK TW10:Germany T1SS34:Brazil

Address

26, Boulevard Royal, 4th Floor, Luxembourg, LUX, L-2449

Website

https://www.tenaris.com

Tenaris is one of the largest global producers of oil country tubular goods, or OCTG, which are used primarily in the construction of oil and gas wells. The company's production facilities are located primarily in the U.S., Argentina, Mexico, and Italy. Tenaris' premium OCTG products are among the most trusted by oil companies for use in the most challenging applications, including deep-water offshore wells and horizontal shale wells.