Novolipetsk Steel PJSC (Novolipetsk Steel PJSC) Other Income (Minority Interest) : $-18 Mil (TTM As of Dec. 2021)

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What is Novolipetsk Steel PJSC 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. Novolipetsk Steel PJSC's Other Income (Minority Interest) for the three months ended in Dec. 2021 was $-4 Mil. Its Other Income (Minority Interest) for the trailing twelve months (TTM) ended in Dec. 2021 was $-18 Mil.

Novolipetsk Steel PJSC Other Income (Minority Interest) Historical Data

The historical data trend for Novolipetsk Steel PJSC'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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Novolipetsk Steel PJSC Other Income (Minority Interest) Chart

Novolipetsk Steel PJSC Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Other Income (Minority Interest)

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-2.00

-5.00

-2.00

-1.00

-18.00

Novolipetsk Steel PJSC Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
Other Income (Minority Interest)	Get a 7-Day Free Trial															-1.00	-3.00	-5.00	-6.00	-4.00

Novolipetsk Steel PJSC 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. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-18 Mil.

Novolipetsk Steel PJSC (OTCPK:NISQY) 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.

Novolipetsk Steel PJSC (Novolipetsk Steel PJSC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Novolipetsk Steel PJSC (OTCPK:NISQY) » Definitions » Other Income (Minority Interest)

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Traded in Other Exchanges

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Address

2, Metallurgov Sq., Lipetsk, RUS, 398040

Website

https://www.nlmk.com

Novolipetsk Steel PJSC is a Russia-based steelmaker with production assets located in Russia, Europe, and the United States. The company's metal products are used in various industries, from construction and engineering to the manufacture of power-generating equipment and off shore wind turbines. The company operates through six segments, namely Mining, Russian flat products, Russian long products, NLMK USA, NLMK DanSteel and Plates Distribution Network, and Investments in NBH. Russian flat products for over half of the company's revenue. Russia, Europe, North America, and the Middle East are the four largest markets for the company.

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