Minority (or noncontrolling) interest is disclosed when the parent owns more than 50%, but less than 100% of the outstanding common stock.

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Minority interest (or noncontrolling interest) is disclosed on the consolidated balance sheet when a parent company owns more than 50% but less than 100% of another company's outstanding common stock. The minority interest represents the portion of the subsidiary's equity that belongs to shareholders other than the parent company. Thus, it is necessary to disclose this portion separately on the consolidated financial statements.

Minority (Or Noncontrolling) Interest Is Disclosed When the Parent Owns