Home Depot Average Assets vs Invested Capital Average Analysis

HD -- USA Stock  

USD 199.99  0.55  0.27%

Home Depot financial indicator trend analysis is much more than just examining The Home Depot latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether The Home Depot is a good investment. Please check the relationship between Home Depot Average Assets and its Invested Capital Average accounts. Please also check Risk vs Return Analysis.

Average Assets vs Invested Capital Average

Accounts Relationship

Average Assets vs Invested Capital Average

Significance: Almost Identical Trend

Overlapping area represents amount of trend that can be explained by analyzing historical patterns of The Home Depot Average Assets account and Invested Capital Average

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

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.

Did you try this?

Run Stock Tickers Now
   

Stock Tickers

Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
All  Next Launch Stock Tickers

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
Please also check Risk vs Return Analysis. Please also try Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..