Best Free Cash Flow Per Share vs Invested Capital Analysis

BBY Stock

USD 73.35 0.29 0.39%

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 Free Cash Flow Per Share and its Invested Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Best Buy Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Free Cash Flow Per Share vs Invested Capital

Free Cash Flow Per Share vs Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Best Buy Free Cash Flow Per Share account and Invested Capital. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Best Buy's Free Cash Flow Per Share and Invested Capital is 0.87. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Invested Capital in the same time period over historical financial statements of Best Buy Co, assuming nothing else is changed. The correlation between historical values of Best Buy's Free Cash Flow Per Share and Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Per Share of Best Buy Co are associated (or correlated) with its Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Invested Capital has no effect on the direction of Free Cash Flow Per Share i.e., Best Buy's Free Cash Flow Per Share and Invested Capital go up and down completely randomly.

Correlation Coefficient

0.87

Relationship Direction	Positive
Relationship Strength	Strong

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Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

Invested Capital

Invested capital represents the total cash investment that shareholders and debt holders have contributed to Best Buy Co. There are two different methods for calculating Best Buy invested capital: operating approach and financing approach. Understanding Best Buy invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.

Most indicators from Best Buy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Best Buy current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Best Buy Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

At this time, Best Buy's Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 23.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 5.1 B in 2024.

	2021	2022	2024 (projected)
Interest Expense	25M	35M	60.3M
Depreciation And Amortization	835M	1.1B	482.9M

Interest Expense Depreciation And Amortization

Best Buy fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Common Stock	Current Deferred Revenue	Good Will	Intangible Assets
Total Assets		0.54	0.77	0.97	0.74	0.63	-0.04	0.74	0.69	0.63	-0.07	0.59	0.62	0.33	0.57	0.95	0.58	0.32	0.98	0.92	0.5	0.96	0.68	0.33	0.38	-0.12
Short Long Term Debt Total	0.54		0.08	0.49	0.17	0.98	0.62	0.15	0.44	0.96	0.28	0.17	-0.01	-0.07	0.95	0.34	0.07	0.07	0.62	0.24	0.81	0.47	0.12	0.71	0.78	0.16
Other Current Liab	0.77	0.08		0.82	0.58	0.23	-0.22	0.56	0.35	0.25	-0.47	0.29	0.9	0.54	0.09	0.86	0.86	0.3	0.73	0.84	0.23	0.8	0.75	-0.19	0.08	0.01
Total Current Liabilities	0.97	0.49	0.82		0.62	0.6	-0.04	0.63	0.63	0.6	-0.22	0.5	0.67	0.28	0.48	0.95	0.61	0.32	0.98	0.9	0.55	0.99	0.61	0.32	0.38	-0.02
Total Stockholder Equity	0.74	0.17	0.58	0.62		0.23	-0.32	0.99	0.56	0.28	0.15	0.75	0.49	0.66	0.33	0.72	0.39	0.44	0.59	0.86	0.1	0.65	0.83	0.03	-0.04	-0.46
Property Plant And Equipment Net	0.63	0.98	0.23	0.6	0.23		0.62	0.21	0.42	0.99	0.16	0.16	0.16	0.04	0.93	0.47	0.21	0.1	0.7	0.35	0.83	0.58	0.25	0.66	0.79	0.15
Net Debt	-0.04	0.62	-0.22	-0.04	-0.32	0.62		-0.37	-0.43	0.63	0.15	-0.56	-0.11	-0.17	0.54	-0.11	-0.01	-0.05	0.07	-0.34	0.56	-0.11	-0.16	0.5	0.7	0.18
Retained Earnings	0.74	0.15	0.56	0.63	0.99	0.21	-0.37		0.6	0.25	0.1	0.79	0.48	0.63	0.3	0.73	0.35	0.36	0.59	0.86	0.09	0.66	0.82	0.01	-0.1	-0.49
Cash	0.69	0.44	0.35	0.63	0.56	0.42	-0.43	0.6		0.39	0.14	0.84	0.12	0.09	0.47	0.53	0.09	0.14	0.66	0.68	0.3	0.69	0.32	0.26	0.11	-0.02
Non Current Assets Total	0.63	0.96	0.25	0.6	0.28	0.99	0.63	0.25	0.39		0.22	0.13	0.18	0.09	0.94	0.49	0.26	0.17	0.7	0.35	0.79	0.58	0.29	0.66	0.84	0.16
Non Currrent Assets Other	-0.07	0.28	-0.47	-0.22	0.15	0.16	0.15	0.1	0.14	0.22		0.18	-0.61	-0.15	0.48	-0.22	-0.32	0.17	-0.09	-0.17	-0.07	-0.22	-0.16	0.4	0.29	-0.2
Cash And Short Term Investments	0.59	0.17	0.29	0.5	0.75	0.16	-0.56	0.79	0.84	0.13	0.18		0.08	0.31	0.26	0.49	-0.01	0.21	0.48	0.72	0.09	0.56	0.46	0.17	-0.24	-0.47
Net Receivables	0.62	-0.01	0.9	0.67	0.49	0.16	-0.11	0.48	0.12	0.18	-0.61	0.08		0.58	-0.03	0.73	0.83	0.26	0.57	0.68	0.21	0.65	0.7	-0.32	0.04	0.08
Common Stock Shares Outstanding	0.33	-0.07	0.54	0.28	0.66	0.04	-0.17	0.63	0.09	0.09	-0.15	0.31	0.58		0.06	0.45	0.54	0.1	0.17	0.55	-0.05	0.32	0.88	-0.41	-0.27	-0.35
Non Current Liabilities Total	0.57	0.95	0.09	0.48	0.33	0.93	0.54	0.3	0.47	0.94	0.48	0.26	-0.03	0.06		0.38	0.13	0.1	0.61	0.31	0.65	0.47	0.26	0.67	0.75	0.01
Inventory	0.95	0.34	0.86	0.95	0.72	0.47	-0.11	0.73	0.53	0.49	-0.22	0.49	0.73	0.45	0.38		0.67	0.27	0.91	0.94	0.37	0.95	0.77	0.15	0.24	-0.16
Other Current Assets	0.58	0.07	0.86	0.61	0.39	0.21	-0.01	0.35	0.09	0.26	-0.32	-0.01	0.83	0.54	0.13	0.67		0.1	0.55	0.61	0.1	0.58	0.69	-0.19	0.2	-0.02
Other Stockholder Equity	0.32	0.07	0.3	0.32	0.44	0.1	-0.05	0.36	0.14	0.17	0.17	0.21	0.26	0.1	0.1	0.27	0.1		0.29	0.31	0.15	0.29	0.13	0.12	0.23	0.23
Total Liab	0.98	0.62	0.73	0.98	0.59	0.7	0.07	0.59	0.66	0.7	-0.09	0.48	0.57	0.17	0.61	0.91	0.55	0.29		0.84	0.6	0.96	0.53	0.43	0.5	0.0
Total Current Assets	0.92	0.24	0.84	0.9	0.86	0.35	-0.34	0.86	0.68	0.35	-0.17	0.72	0.68	0.55	0.31	0.94	0.61	0.31	0.84		0.26	0.91	0.81	0.06	0.03	-0.29
Short Term Debt	0.5	0.81	0.23	0.55	0.1	0.83	0.56	0.09	0.3	0.79	-0.07	0.09	0.21	-0.05	0.65	0.37	0.1	0.15	0.6	0.26		0.49	0.08	0.54	0.64	0.23
Accounts Payable	0.96	0.47	0.8	0.99	0.65	0.58	-0.11	0.66	0.69	0.58	-0.22	0.56	0.65	0.32	0.47	0.95	0.58	0.29	0.96	0.91	0.49		0.64	0.28	0.32	-0.02
Common Stock	0.68	0.12	0.75	0.61	0.83	0.25	-0.16	0.82	0.32	0.29	-0.16	0.46	0.7	0.88	0.26	0.77	0.69	0.13	0.53	0.81	0.08	0.64		-0.21	-0.08	-0.41
Current Deferred Revenue	0.33	0.71	-0.19	0.32	0.03	0.66	0.5	0.01	0.26	0.66	0.4	0.17	-0.32	-0.41	0.67	0.15	-0.19	0.12	0.43	0.06	0.54	0.28	-0.21		0.69	-0.12
Good Will	0.38	0.78	0.08	0.38	-0.04	0.79	0.7	-0.1	0.11	0.84	0.29	-0.24	0.04	-0.27	0.75	0.24	0.2	0.23	0.5	0.03	0.64	0.32	-0.08	0.69		0.37
Intangible Assets	-0.12	0.16	0.01	-0.02	-0.46	0.15	0.18	-0.49	-0.02	0.16	-0.2	-0.47	0.08	-0.35	0.01	-0.16	-0.02	0.23	0.0	-0.29	0.23	-0.02	-0.41	-0.12	0.37

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Best Buy Account Relationship Matchups

Best Buy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	15.6B	19.1B	17.5B	15.8B	15.0B	9.7B
Short Long Term Debt Total	4.1B	4.1B	3.9B	4.0B	4.0B	4.2B
Other Current Liab	1.3B	1.7B	1.8B	1.2B	1.4B	881.9M
Total Current Liabilities	8.1B	10.5B	10.7B	9.0B	7.9B	5.2B
Total Stockholder Equity	3.5B	4.6B	3.0B	2.8B	3.1B	2.9B
Property Plant And Equipment Net	5.0B	4.9B	4.9B	5.1B	5.0B	5.3B
Net Debt	1.8B	(1.4B)	1.0B	2.1B	2.5B	2.7B
Retained Earnings	3.2B	4.2B	2.7B	2.4B	2.7B	2.5B
Cash	2.2B	5.5B	2.9B	1.9B	1.4B	1.3B
Non Current Assets Total	6.7B	6.5B	7.0B	7.0B	7.1B	7.4B
Non Currrent Assets Other	615M	561M	548M	469M	454M	476.7M
Cash And Short Term Investments	2.2B	5.5B	2.9B	1.9B	1.4B	1.7B
Net Receivables	1.1B	1.1B	1.0B	1.1B	939M	782.2M
Common Stock Shares Outstanding	268.1M	263M	249.3M	225.7M	218.5M	386.0M
Liabilities And Stockholders Equity	15.6B	19.1B	17.5B	15.8B	15.0B	9.6B
Non Current Liabilities Total	4.1B	4.0B	3.8B	4.0B	4.0B	4.2B
Other Current Assets	305M	373M	596M	647M	553M	422.9M
Other Stockholder Equity	295M	328M	329M	21M	31M	29.5M
Total Liab	12.1B	14.5B	14.5B	13.0B	11.9B	6.7B
Total Current Assets	8.9B	12.5B	10.5B	8.8B	7.9B	6.3B
Accumulated Other Comprehensive Income	295M	328M	329M	322M	317M	332.9M
Short Term Debt	674M	817M	661M	654M	631M	662.6M
Accounts Payable	5.3B	7.0B	6.8B	5.7B	4.6B	3.6B
Current Deferred Revenue	782M	1.0B	1.4B	1.4B	1.3B	926.9M
Good Will	984M	986M	1.4B	1.4B	1.6B	1.1B
Intangible Assets	363M	301M	275M	189M	128M	223.0M
Short Term Investments	183M	117M	65M	178M	160.2M	152.2M
Other Assets	243M	277M	352M	520M	468M	316M
Long Term Debt	1.3B	1.1B	1.1B	1.2B	1.2B	931M
Long Term Debt Total	1.3B	1.3B	1.2B	1.2B	1.3B	1.3B
Cash And Equivalents	2.2B	5.5B	2.9B	1.9B	2.2B	2.8B
Property Plant Equipment	5.0B	4.9B	4.9B	5.1B	5.9B	4.3B
Other Liab	657M	694M	533M	705M	634.5M	534.1M
Net Tangible Assets	2.1B	3.3B	1.4B	3.6B	4.1B	2.7B
Net Invested Capital	4.8B	5.8B	4.2B	1.2B	4.2B	3.3B
Short Long Term Debt	14M	110M	13M	16M	14.4M	13.7M
Non Current Liabilities Other	657M	694M	533M	705M	654M	532.4M

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When determining whether Best Buy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Best Buy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Best Buy Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Best Buy Co Stock:

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Is Best Stock a good investment?

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What is Best Buy's Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Best Buy Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Note that the Best Buy information on this page should be used as a complementary analysis to other Best Buy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Best Buy's price analysis, check to measure Best Buy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Best Buy is operating at the current time. Most of Best Buy's value examination focuses on studying past and present price action to predict the probability of Best Buy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Best Buy's price. Additionally, you may evaluate how the addition of Best Buy to your portfolios can decrease your overall portfolio volatility.

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Is Best Buy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Best Buy. If investors know Best will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Best Buy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.05)

Dividend Share

3.68

Earnings Share

5.68

Revenue Per Share

199.596

Quarterly Revenue Growth

(0.01)

The market value of Best Buy is measured differently than its book value, which is the value of Best that is recorded on the company's balance sheet. Investors also form their own opinion of Best Buy's value that differs from its market value or its book value, called intrinsic value, which is Best Buy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Best Buy's market value can be influenced by many factors that don't directly affect Best Buy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Best Buy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Best Buy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Best Buy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Best Free Cash Flow Per Share vs Invested Capital Analysis

Free Cash Flow Per Share vs Invested Capital

Free Cash Flow Per Share vs Invested Capital Correlation Analysis

Correlation Coefficient

Free Cash Flow Per Share

Invested Capital

Best Buy fundamental ratios Correlations

Best Buy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Best Buy fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Accounts Payable	+ 0.99	Total Current Liabilities
Retained Earnings	+ 0.99	Total Stockholder Equity
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Total Liab	+ 0.98	Total Assets
Property Plant And Equipment Net	+ 0.98	Short Long Term Debt Total
Total Liab	+ 0.98	Total Current Liabilities

Net Receivables	- 0.61	Non Currrent Assets Other
Cash And Short Term Investments	- 0.56	Net Debt
Intangible Assets	- 0.49	Retained Earnings
Intangible Assets	- 0.47	Cash And Short Term Investments
Non Currrent Assets Other	- 0.47	Other Current Liab
Intangible Assets	- 0.46	Total Stockholder Equity