Home Depot Average Equity vs Invested Capital Average Analysis

HD -- USA Stock  

USD 174.26  2.57  1.50%

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

Average Equity vs Invested Capital Average

Accounts Relationship

Average Equity vs Invested Capital Average

Significance: Significant Contrarian Relationship

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

Correlation Coefficient

-0.5
Relationship DirectionNegative 
Relationship StrengthVery Weak

Average Equity

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

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.

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