Home Depot Net Income Per Employee vs Earnings before Tax Analysis

HD -- USA Stock  

USD 173.47  0.40  0.23%

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 Net Income Per Employee and its Earnings before Tax accounts. Please also check Risk vs Return Analysis.

Net Income Per Employee vs Earnings before Tax

Accounts Relationship

Net Income Per Employee vs Earnings before Tax

Significance: Almost Identical Trend

Net Income Per Employee diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Home Depot Net Income Per Employee account and Earnings before Tax

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Income Per Employee

Earnings before Tax

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

Did you try this?

Run Instant Ratings Now

   

Instant Ratings

Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
All  Next Launch Instant Ratings

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 Pair Correlation module to compare performance and examine historical correlation between any two equity instruments.
Search macroaxis.com