Historical analysis of Best Buy income statement accounts such as Cost of Revenue of 35.7 B
, Earning Before Interest and Taxes EBIT of 1.7 B
or Gross Profit of 9.4 B
can show how well Best Buy Co Inc performed in making a profits. Evaluating Best Buy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Best Buy future profits or losses. Financial Statement Analysis is much more than just reviewing and examining Best Buy Co latest 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
Consolidated Income Net Income Weighted Average Shares Diluted
Best Buy Co Inc Income Statement Chart
The portion of profit or loss for the period, net of income taxes, which is attributable to the consolidated entity, before the deduction of Net Income to Non Controlling Interests
Net income is one of the most important fundamental items in finance. It plays a large role in Best Buy Co financial statement analysis. It represents the amount of money remaining after all of Best Buy Co Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. The portion of profit or loss for the period, net of income taxes, which is attributable to the parent after the deduction of Net Income to Non Controlling Interests
from Consolidated Income
, and before the deduction of Preferred Dividends.
Weighted Average Shares Diluted
The weighted average number of shares or units issued and outstanding that are used by the company to calculate Earnings per Diluted Share
, determined based on the timing of issuance of shares or units in the period.