Home Depot Net Income Per Employee vs Average Equity Analysis

HD -- USA Stock  

USD 179.85  0.59  0.33%

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 Net Income Per Employee and its Average Equity accounts. Please also check Risk vs Return Analysis.

Net Income Per Employee vs Average Equity

Accounts Relationship

Net Income Per Employee vs Average Equity

Significance: Pay attention

Overlapping area represents amount of trend that can be explained by analyzing historical patterns of The Home Depot Net Income Per Employee account and Average Equity

Correlation Coefficient

-0.87
Relationship DirectionNegative 
Relationship StrengthSignificant

Net Income Per Employee

Average Equity

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

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