Best Buy Historical Balance Sheet Analysis

Trend analysis of Best Buy Co Inc balance sheet accounts such as Total Assets of 13.5 B, Current Assets of 9.9 B or Assets Non Current of 3.9 B provides information on Best Buy total assets, its liabilities, and its equity which is the actual value of Best Buy Co to its prevalent stockholders. By breaking down trends over time using Best Buy balance sheet statements, investors will see what exactly the company owned and what it owed to creditors or other parties at the end of each accounting year. Financial Statement Analysis is much more than just reviewing and breaking down Best Buy Co prevalent accounting reports in order to predict its past. Macroaxis encourages investors to analyze financial statement over time for various trends across multiple indicators and accounts to determine whether Best Buy Co is a good buy for the upcoming year. Check also Trending Equities.
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Best Buy Co Inc Balance Sheet Chart

Accumulated Other Comprehensive Income    Current Assets    Cash and Equivalents    Debt Non Current    Shareholders Equity    Goodwill and Intangible Assets    Investments    Investments Non Current    Total Liabilities    

Accumulated Other Comprehensive Income

A component of Shareholders Equity representing the accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities.

Current Assets

Current assets of Best Buy Co Inc include cash, cash equivalents, short-term investments, accounts receivable, stock inventory and the portion of prepaid liabilities which will be paid within a year. Depending on the nature of the business, current assets can range from barrels of crude oil, to baked goods, to foreign currency. Current assets are important because they are the assets that are used to fund day-to-day operations of Best Buy. The current portion of Total Assets, reported if a company operates a classified balance sheet that segments current and non-current assets.

Cash and Equivalents

A component of Total Assets representing the amount of currency on hand as well as demand deposits with banks or financial institutions.

Debt Non Current

The non-current portion of Total Debt reported if the company operates a classified balance sheet that segments current and non-current liabilities.

Shareholders Equity

A principal component of the balance sheet, in addition to Total Liabilities and Total Assets, that represents the total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent.

Goodwill and Intangible Assets

A component of Total Assets representing the carrying amounts of all intangible assets and goodwill as of the balance sheet date, net of accumulated amortization and impairment charges.

Investments

A component of Total Assets representing the total amount of marketable and non-marketable securties, loans receivable and other invested assets.

Investments Non Current

The non-current portion of Investments, reported if the company operates a classified balance sheet that segments current and non-current assets.

Total Liabilities

Deferred Income Tax is recorded on Best Buy Co Inc balance sheet and a result of income already earned and recognized for accounting, but not tax, purposes. Also, differences between tax laws and accounting methods can result in a temporary difference in the amount of income tax payable by a company. This difference is recorded on Best Buy books as deferred income tax. Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Principal components are Total Debt, Deferred Revenue, Trade and Non Trade Payables,Deposit Liabilities, and Tax Liabilities.