Home Depot Free Cash Flow vs Invested Capital Average Analysis

HD -- USA Stock  

USD 185.17  8.41  4.34%

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 Invested Capital Average accounts. Please also check Risk vs Return Analysis.

Free Cash Flow vs Invested Capital Average

Accounts Relationship

Free Cash Flow vs Invested Capital Average

Significance: Strong Relationship

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

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Free Cash Flow

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

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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