Best Buy Debt Current vs Property Plant and Equipment Net Analysis

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BBY -- USA Stock  

Fiscal Quarter End: January 31, 2020  

Best Buy financial indicator trend analysis is way more than just evaluating Best Buy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Best Buy is a good investment. Please check the relationship between Best Buy Debt Current and its Property Plant and Equipment Net accounts. Continue to Trending Equities.

Debt Current vs Property Plant and Equipment Net

Accounts Relationship

Debt Current vs Property Plant and Equipment Net

Significance: Weak Contrarian Relationship

Debt Current diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Best Buy Debt Current account and Property Plant and Equipment Net

Correlation Coefficient

-0.2
Relationship DirectionNegative 
Relationship StrengthInsignificant

Debt Current

The current portion of [Debt]; reported if the company operates a classified balance sheet that segments current and non-current liabilities.

Property Plant and Equipment Net

A component of [Assets] representing the amount after accumulated depreciation; depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale.