>

Best Buy Earning Before Interest and Taxes EBIT vs Interest Expense Analysis

<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 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 Earning Before Interest and Taxes EBIT and its Interest Expense accounts. Continue to Trending Equities.

Earning Before Interest and Taxes EBIT vs Interest Expense

Accounts Relationship

Earning Before Interest and Taxes EBIT vs Interest Expense

Significance: Pay attention

Earning Before Interest and Taxes EBIT diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Best Buy Earning Before Interest and Taxes EBIT account and Interest Expense

Correlation Coefficient

-1.0
Relationship DirectionNegative 
Relationship StrengthStrong

Earning Before Interest and Taxes EBIT

Earnings Before Interest and Tax is calculated by adding [TaxExp] and [IntExp] back to [NetInc].

Interest Expense

Amount of the cost of borrowed funds accounted for as interest expense.