Home Depot Free Cash Flow vs Average Equity Analysis

HD -- USA Stock  

USD 207.73  0.67  0.32%

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 Free Cash Flow and its Average Equity accounts. Please also check Risk vs Return Analysis.

Free Cash Flow vs Average Equity

Accounts Relationship

Free Cash Flow vs Average Equity

Significance: Pay attention

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

Correlation Coefficient

-0.88
Relationship DirectionNegative 
Relationship StrengthSignificant

Free Cash Flow

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

Average Equity

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

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Please also check Risk vs Return Analysis. Please also try Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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