Minority/Non Controlling Interest

Metadata

  • Id: bs_minority_noncontrolling_interest
  • Type: fundamentals
  • Subtype: balance_sheet
  • Units: currency
  • Decimal Points: 0
  • Currency Convertible: Yes
  • Tags: “minority/non controlling interest”, “non-controlling interest”, “NCI”, “minority interest”, “MI”, “equity of less than 50% ownership in subsidiary”

Description

Minority/Non Controlling Interest is a type of equity that represents the ownership stake of less than 50% in a subsidiary company by an investor or a parent company. Minority/Non Controlling Interest does not have control over the decisions or operations of the subsidiary company. Minority/Non Controlling Interest is reported on the consolidated balance sheet of the parent company and its subsidiaries as a component of shareholders’ equity. Minority/Non Controlling Interest also receives a proportionate share of the net income or loss of the subsidiary company, which is reported on the consolidated income statement of the parent company.