Home Depot Earnings before Tax vs Free Cash Flow Analysis

Earnings before Tax vs Free Cash Flow

Accounts Relationship

Earnings before Tax vs Free Cash Flow

Significance: Almost Identical Trend

Overlapping area represents amount of trend that can be explained by analyzing historical patterns of The Home Depot Earnings before Tax account and Free Cash Flow

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Earnings before Tax

Earnings Before Tax is calculated by adding Income Tax Expense back to Net Income.

Free Cash Flow

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

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