Best Buy Average Equity vs Free Cash Flow Analysis

Average Equity vs Free Cash Flow

Average Equity

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

Free Cash Flow

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

Accounts Relationship

Average Equity vs Free Cash Flow

Significance: Very Week Relationship

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

Correlation Coefficient

0.2
Relationship DirectionPositive 
Relationship StrengthVery Weak