Tecnoglass Holdings (TGLS) Minority Interest (2017 - 2023)
Tecnoglass Holdings' Minority Interest came in at $1.99 million for Q3 2023, up 47.5% from $1.35 million a year earlier and up 13.1% from the prior quarter.
Tecnoglass Holdings (TGLS) Minority Interest (2017 - 2023) Analysis & Trends
At the end of FY2022, Tecnoglass Holdings' Minority Interest was $1.51 million, up 80.0% from FY2021.
- Minority Interest carries a five-year compound annual growth rate of 1.2% (FY2017 to FY2022).
- Going back by year, Minority Interest was $836,000 in FY2021 (+49.3%), $560,000 in FY2020 (-7.6%), $606,000 in FY2019 (-30.5%) and $872,000 in FY2018 (-38.5%).
- The Q3 2023 figure represents the highest quarterly Minority Interest in data going back to Q1 2017.
- Year-over-year, Minority Interest has increased for ten consecutive quarters, with growth averaging 61.2% over the last eight quarters.
- The fastest year-over-year change in Minority Interest over five years came in Q3 2022 (growth of 83.3%), and the weakest in Q2 2020 (a decline of 46.4%).
- Business Quant data shows TGLS's Minority Interest at $1.76 million (Q2 2023), $1.64 million (Q1 2023) and $1.51 million (Q4 2022) in the three quarters before Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Trane Technologies | 99.46 Bn | 94.20 Bn | 2.26 Bn |
| 2 | Johnson Controls International | 90.06 Bn | 87.82 Bn | 2.47 Bn |
| 3 | Comfort Systems Usa | 58.26 Bn | 53.51 Bn | 844.23 Mn |
| 4 | Carrier Global | 45.22 Bn | 39.85 Bn | 1.94 Bn |
| 5 | Otis Worldwide | 24.48 Bn | 21.09 Bn | 1.14 Bn |
| 6 | James Hardie Industries | 14.69 Bn | 13.43 Bn | 548.70 Mn |
| 7 | Masco | 13.29 Bn | 11.40 Bn | 868.00 Mn |
| 8 | Allegion | 13.08 Bn | 11.79 Bn | 517.50 Mn |
| 9 | Carlisle Companies | 12.82 Bn | 9.17 Bn | 568.40 Mn |
| 10 | Tecnoglass Holdings | 1.58 Bn | 1.17 Bn | 110.03 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 1.99 Mn |
| Jun 30, 2023 | 1.76 Mn |
| Mar 31, 2023 | 1.64 Mn |
| Dec 31, 2022 | 1.51 Mn |
| Sep 30, 2022 | 1.35 Mn |
| Jun 30, 2022 | 1.16 Mn |
| Mar 31, 2022 | 936,000.00 |
| Dec 31, 2021 | 836,000.00 |
| Sep 30, 2021 | 737,000.00 |
| Jun 30, 2021 | 713,000.00 |
| Mar 31, 2021 | 672,000.00 |
| Dec 31, 2020 | 560,000.00 |
| Sep 30, 2020 | 509,000.00 |
| Jun 30, 2020 | 561,000.00 |
| Mar 31, 2020 | 704,000.00 |
| Dec 31, 2019 | 606,000.00 |
| Sep 30, 2019 | 903,000.00 |
| Jun 30, 2019 | 1.05 Mn |
| Mar 31, 2019 | 865,000.00 |
| Dec 31, 2018 | 872,000.00 |
Tecnoglass Holdings Minority Interest API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=minority-interest&ticker=TGLS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "minority-interest", "ticker": "TGLS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=minority-interest&ticker=TGLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();