Best Buy Average Assets vs Free Cash Flow 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 Free Cash Flow accounts. Check also Trending Equities.

Average Assets vs Free Cash Flow

Accounts Relationship

Average Assets vs Free Cash Flow

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 Free Cash Flow

Correlation Coefficient

0.15
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.

Free Cash Flow

Free Cash Flow is a measure of financial performance calculated as Net Cash Flow from Operations minus Capital Expenditure.

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