Accounting

Minority Interest

By May 27, 2019September 21st, 2021No Comments

What is Minority Interest?

Minority Interest is the value of the minority equity in a subsidiary that the parent company does not own. So if a company owns 60% of a subsidiary and another company owns the remaining 40%, Minority Interest is the value of the 40%. Minority Interest appears on the Balance Sheet under the Liabilities section.

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