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GE Vernova (GE Vernova) Other Income (Minority Interest) : $-24 Mil (TTM As of Mar. 2024)


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What is GE Vernova 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. GE Vernova's Other Income (Minority Interest) for the three months ended in Mar. 2024 was $-24 Mil. Its Other Income (Minority Interest) for the trailing twelve months (TTM) ended in Mar. 2024 was $-24 Mil.

GE Vernova Other Income (Minority Interest) Historical Data

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

GE Vernova Annual Data
Trend Dec21 Dec22 Dec23
Other Income (Minority Interest)
91.00 -14.00 36.00

GE Vernova Quarterly Data
Dec21 Dec22 Mar23 Dec23 Mar24
Other Income (Minority Interest) - - 32.00 - -24.00

GE Vernova 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 $-24 Mil.

* 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.

GE Vernova  (NYSE:GEV) 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.

GE Vernova (GE Vernova) Business Description

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GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » GE Vernova Inc (NYSE:GEV) » Definitions » Other Income (Minority Interest)
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Y5C:Germany
Address
58 Charles Street, Cambridge, MA, USA
Website
https://www.gevernova.com
GE Vernova operates through its subsidiaries is a purpose-built global energy company spanning the power, wind and electrification segments, supported by advanced research, consulting and financial services accelerators. It helps customers improve energy efficiency and deliver electricity that is critical to improving health, safety and quality of life.

GE Vernova (GE Vernova) Headlines

From GuruFocus

GE Vernova to Announce First Quarter 2024 Financial Results on April 25

By Business Wire • 04-18-2024