Home Depot Invested Capital Average vs Free Cash Flow Analysis

HD -- USA Stock  

USD 170.87  1.92  1.11%

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

Invested Capital Average vs Free Cash Flow

Accounts Relationship

Invested Capital Average vs Free Cash Flow

Significance: Strong Relationship

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

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Free Cash Flow

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

Did you try this?

Run Price Transformation Now

   

Price Transformation

Use Price Transformation models to analyze depth of different equity instruments across global markets
All  Next Launch Price Transformation

Build Efficient Portfolios

Align your risk and return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please also check Risk vs Return Analysis. Please also try Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Search macroaxis.com