Best Buy Invested Capital Average vs Enterprise Value Analysis

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BBY -- USA Stock  

Fiscal Quarter End: January 31, 2020  

Best Buy financial indicator trend analysis is way more than just evaluating Best Buy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Best Buy is a good investment. Please check the relationship between Best Buy Invested Capital Average and its Enterprise Value accounts. Continue to Trending Equities.

Invested Capital Average vs Enterprise Value

Accounts Relationship

Invested Capital Average vs Enterprise Value

Significance: Significant Contrarian Relationship

Invested Capital Average diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Best Buy Invested Capital Average account and Enterprise Value

Correlation Coefficient

-0.33
Relationship DirectionNegative 
Relationship StrengthInsignificant

Invested Capital Average

Average invested capital value for the period used in the calculation of Return on Invested Capital; and derived from [InvCap]. Invested capital is an input into the calculation of Return on Invested Capital; and is calculated as: [Debt] plus [Assets] minus [Intangibles] minus [CashnEq] minus [LiabilitiesC]. Please note this calculation method is subject to change.

Enterprise Value

Enterprise Value (or EV) is usually referred to as Best Buy theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Best Buy debt, but would also pocket its cash. Enterprise Value is more accurate representation of Best Buy value than its market capitalization because it takes into account all of Best Buy Co existing debt. Enterprise value is a measure of the value of a business as a whole; calculated as [MarketCap] plus [DebtUSD] minus [CashnEqUSD].