Best Buy Average Assets vs Earnings before Tax Analysis

BBY -- USA Stock  

USD 80.64  1.22  1.54%

Best Buy financial indicator trend analysis is way more than just evaluating Best Buy Co prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Best Buy Co is a good investment. Please check the relationship between Best Buy Average Assets and its Earnings before Tax accounts. Check also Trending Equities.

Average Assets vs Earnings before Tax

Accounts Relationship

Average Assets vs Earnings before Tax

Significance: Very Week Relationship

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

Correlation Coefficient

0.28
Relationship DirectionPositive 
Relationship StrengthVery Weak

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.

Earnings before Tax

Earnings Before Tax is calculated by adding Income Tax Expense back to Net Income.

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