Home Depot Free Cash Flow vs Earnings before Tax Analysis

HD -- USA Stock  

USD 197.41  2.90  1.45%

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 Earnings before Tax accounts. Please also check Risk vs Return Analysis.

Free Cash Flow vs Earnings before Tax

Accounts Relationship

Free Cash Flow vs Earnings before Tax

Significance: Almost Identical Trend

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

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Free Cash Flow

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

Earnings before Tax

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

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