>

Best Buy Earning Before Interest and Taxes EBIT vs Net Income Common Stock Analysis

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

Earnings Report: May 28, 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 Net Income Common Stock accounts. Continue to Trending Equities.

Earning Before Interest and Taxes EBIT vs Net Income Common Stock

Accounts Relationship

Earning Before Interest and Taxes EBIT vs Net Income Common Stock

Significance: Almost Identical Trend

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 Net Income Common Stock

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Earning Before Interest and Taxes EBIT

Earnings before interest and tax is calculated by adding income tax expense and interest expense back to net income.

Net Income Common Stock

The amount of net income (loss) for the period due to common shareholders. typically differs from net income to the parent entity due to the deduction of preferred dividends.