Noncontrolling Interest

"Noncontrolling Interest" (NCI) refers to the portion of a company's equity ownership that is held by non-controlling shareholders, meaning those who do not have a controlling stake in the company. This metric is reported in the company's balance sheet and is also referred to as minority interest.

NCI arises when a company owns less than 100% of a subsidiary, as the portion of the subsidiary that is not owned by the parent company is considered to be owned by the non-controlling shareholders. The NCI represents their proportionate share of the subsidiary's net assets, and it is calculated as the difference between the subsidiary's total equity and the equity attributed to the parent company.

NCI is important because it reflects the proportion of a company's profits that are attributable to minority shareholders, and it must be properly accounted for in financial statements for accuracy and transparency. It can also affect the valuation of a company, as it may indicate potential limitations on the parent company's ability to control and make decisions for the subsidiary.

Additional Details

Metric Name	Type	Default Period Type
non_controlling_interests	fin_statement	FY

Formatting Details

Data Format	Display Format	Unit
float	financial	usd