Best Buy Average Assets vs Enterprise Value Analysis

Average Assets vs Enterprise Value

Accounts Relationship

Average Assets vs Enterprise Value

Significance: Almost No Relationship

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

Correlation Coefficient

0.12
Relationship DirectionPositive 
Relationship StrengthInsignificant

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.

Enterprise Value

Enterprise Value (or EV) is usually referred to as Best Buy theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Best Buy Co debt, but would also pocket its cash. Enterprise Value is more accurate representation of Best Buy value then its market capitalization because it takes into account all of Best Buy Co existing debt. Enterprise value is a measure of the value of a business as a whole, calculated as Market Capitalization plus Total Debt USD minus Cash and Equivalents USD.

Did you try this?

Run Fundamentals Comparison Now
   

Fundamentals Comparison

Compare fundamentals across multiple equities to find investing opportunities
View All  Next Launch Fundamentals Comparison

Generate Optimal Portfolios

Align your risk and return expectations
Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Check also Trending Equities. Please also try Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.