Best Buy Earnings before Tax vs Enterprise Value Analysis

BBY -- USA Stock  

USD 75.86  0.40  0.52%

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 Earnings before Tax and its Enterprise Value accounts. Check also Trending Equities.

Earnings before Tax vs Enterprise Value

Accounts Relationship

Earnings before Tax vs Enterprise Value

Significance: Strong Relationship

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

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Earnings before Tax

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

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 Portfolio Optimization Now
   

Portfolio Optimization

Compute new portfolio that will generate highest expected return given your specified tolerance for risk
All  Next Launch Portfolio Optimization

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 Equity Valuation module to check real value of public entities based on technical and fundamental data.