Best Buy Average Assets vs Average Equity Analysis

Average Assets vs Average Equity

Average Assets

Average asset value for the period used in calculation of Return on Average Equity and Return on Average Assets, derived from Total Assets.

Average Equity

Average equity value for the period used in calculation of Return on Average Equity, derived from Shareholders Equity.

Accounts Relationship

Average Assets vs Average Equity

Significance: Almost Identical Trend

Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Best Buy Co Average Assets account and Average Equity

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong