Best Buy Earnings before Tax vs Invested Capital Analysis

BBY -- USA Stock  

USD 72.99  0.84  1.14%

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 Invested Capital accounts. Check also Trending Equities.

Earnings before Tax vs Invested Capital

Accounts Relationship

Earnings before Tax vs Invested Capital

Significance: Fragmental Relationship

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

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

Earnings before Tax

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

Invested Capital

Invested capital represents the total cash investment that shareholders and debt holders have contributed to Best Buy Co. There are two different methods for calculating Best Buy Co invested capital: operating approach and financing approach. Understanding ##company1# invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed. Invested capital is an input into the calculation of Return on Invested Capital; and is calculated as: Total Debt plus Total Assets minus Goodwill and Intangible Assets minus Cash and Equivalents minus Current Liabilities. Please note this calculation method is subject to change.

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