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

Free Cash Flow vs Average Assets

Accounts Relationship

Free Cash Flow vs Average Assets

Significance: Almost No Relationship

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

Correlation Coefficient

0.15
Relationship DirectionPositive 
Relationship StrengthInsignificant

Free Cash Flow

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

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.

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