Best Buy Invested Capital vs Average Equity Analysis

BBY -- USA Stock  

USD 77.23  0.97  1.27%

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 Invested Capital and its Average Equity accounts. Check also Trending Equities.

Invested Capital vs Average Equity

Accounts Relationship

Invested Capital vs Average Equity

Significance: Very Strong Relationship

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

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

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.

Average Equity

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

Did you try this?

Run Bollinger Bands Now
   

Bollinger Bands

Use Bollinger Bands indicator to analyze target price for a given investing horizon
All  Next Launch Bollinger Bands

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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.