Best Buy Invested Capital vs Invested Capital Average Analysis

Invested Capital vs Invested Capital Average

Invested Capital

Invested capital represents the total cash investment that shareholders and debt holders have contributed to Best Buy Co Inc. There are two different methods for calculating Best Buy Co invested capital: operating approach and financing approach. Understanding ##company1# invested capital allows investors to 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.

Invested Capital Average

Average invested capital value for the period used in the calculation of Return on Invested Capital, and derived from Invested Capital. 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.

Accounts Relationship

Invested Capital vs Invested Capital Average

Significance: Almost Identical Trend

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

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong