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Best Buy Net Current Assets as percentage of Total Assets Trend from 2010 to 2020

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BBY -- USA Stock  

Earning Report: February 27, 2020  

Best Buy Net Current Assets as percentage of Total Assets yearly trend continues to be fairly stable with very little volatility. Net Current Assets as percentage of Total Assets are likely outpace its year average in 2020. During the period from 2010 to 2020, Best Buy Net Current Assets as percentage of Total Assets regression line of anual values had r-squared of 0.001374 and arithmetic mean of  17.59. Best Buy Direct Expenses is fairly stable at the moment as compared to the last year. Best Buy reported Direct Expenses of 31.29 Billion in 2019. Consolidated Income is likely to grow to about 1.2 B in 2020, whereas Cost of Revenue is likely to drop slightly above 30.4 B in 2020. Check Best Buy fundamental indicators over time to gain insight into the future company performance. Apply historical fundamental analysis to find patterns among financial statement drivers such as Direct Expenses of 36 B, Consolidated Income of 1.2 B or Cost of Revenue of 30.4 B, as well as many exotic indicators such as Interest Coverage of 16.77, Long Term Debt to Equity of 0.2946 or Calculated Tax Rate of 10.43. This can be a perfect complement to check Best Buy Valuation or Volatility. It can also complement various Best Buy Technical models. Continue to the analysis of Best Buy Correlation with competitors.

Best Buy Net Current Assets as percentage of Total Assets Marginal Breakdown

Showing smoothed Net Current Assets as percentage of Total Assets of Best Buy Co with missing and latest data points interpolated.
Net Current Assets as percentage of Total Assets10 Years Trend
Decreasing
Very volatile
 Net Current Assets as percentage of Total Assets 
    
  Timeline 

Best Buy Regression Statistics

Arithmetic Mean 17.59
Geometric Mean 16.25
Coefficient Of Variation 40.04
Mean Deviation 6.43
Median 21.76
Standard Deviation 7.04
Sample Variance 49.60
Range 17.43
R-Value(0.037064)
Mean Square Error 55.03
R-Squared 0.001374
Significance 0.91
Slope(0.08)
Total Sum of Squares 495.98

Best Buy Net Current Assets as percentage of Total Assets Over Time

2014  10.52 
2019  25.90 
2020  27.95