>

Best Buy Return on Average Equity Trend from 2010 to 2020

<div class='circular--portrait' style='background:#754DEB;color: white;font-size:3em;padding-top: 40px;;'>BES</div>
BBY -- USA Stock  

Earning Report: February 27, 2020  

Best Buy Return on Average Equity yearly trend continues to be fairly stable with very little volatility. Return on Average Equity will likely drop to 0.0001 in 2020. During the period from 2010 to 2020, Best Buy Return on Average Equity regression line of anual values had r-squared of 0.04739 and arithmetic mean of  0.28. 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 Return on Average Equity Marginal Breakdown

Showing smoothed Return on Average Equity of Best Buy Co with missing and latest data points interpolated. Return on equity measures a corporation's profitability by calculating the amount of [NetIncCmn] returned as a percentage of [EquityAvg].
View

0.005 

          10 Years Trend
Increasing
Stable
 Return on Average Equity 
    
  Timeline 

Best Buy Regression Statistics

Arithmetic Mean 0.28
Geometric Mean 0.13
Coefficient Of Variation 60.58
Mean Deviation 0.15
Median 0.27
Standard Deviation 0.17
Sample Variance 0.029663
Range 0.45
R-Value 0.22
Mean Square Error 0.031397
R-Squared 0.04739
Significance 0.52
Slope 0.011305
Total Sum of Squares 0.30

Best Buy Return on Average Equity Over Time

2014  0.45 
2019  0.27 
2020  0.0001