Redeiaoracion (Redeiaoracion) Other Income (Minority Interest) : $-30 Mil (TTM As of Sep. 2023)

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What is Redeiaoracion 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. Redeiaoracion's Other Income (Minority Interest) for the three months ended in Sep. 2023 was $-9 Mil. Its Other Income (Minority Interest) for the trailing twelve months (TTM) ended in Sep. 2023 was $-30 Mil.

Redeiaoracion Other Income (Minority Interest) Historical Data

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

Redeiaoracion Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Other Income (Minority Interest)

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0.08

-0.08

12.10

-6.39

-17.43

Redeiaoracion Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Other Income (Minority Interest)	Get a 7-Day Free Trial															-9.39	-6.10	-7.82	-6.81	-9.30

Redeiaoracion 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-30 Mil.

Redeiaoracion (OTCPK:RDEIF) 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.

Redeiaoracion (Redeiaoracion) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Redeia Corporacion SA (OTCPK:RDEIF) » Definitions » Other Income (Minority Interest)

Comparable Companies

Traded in Other Exchanges

RDEIY:USA 1REE:Italy REDe:UK 0RI5:UK RED:Spain RE21:Germany

Address

Paseo del Conde de los Gaitanes, 177, Alcobendas, Madrid, ESP, 28109

Website

https://www.ree.es

Redeia owns and operates the Spanish electric transmission system. The company has acquired almost all of the nation's power grid, which other owners were forced to sell to it by government decree. Its activities are regulated by the National Energy Commission, which answers to the Spanish legislature. Redeia also operates a small fibre-optics network in Spain and has a growing Latin American infrastructure business. The group significantly increased its exposure to telecommunications by acquiring Spanish communications satellite operator Hispasat from Abertis in 2019.

Redeiaoracion (Redeiaoracion) Headlines

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