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Best Buy Income Tax Expense vs Net Income to Non Controlling Interests Analysis

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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 Income Tax Expense and its Net Income to Non Controlling Interests accounts. Continue to Trending Equities.

Income Tax Expense vs Net Income to Non Controlling Interests

Accounts Relationship

Income Tax Expense vs Net Income to Non Controlling Interests

Significance: Significant Contrarian Relationship

Income Tax Expense diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Best Buy Income Tax Expense account and Net Income to Non Controlling Interests

Correlation Coefficient

-0.23
Relationship DirectionNegative 
Relationship StrengthInsignificant

Income Tax Expense

Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.

Net Income to Non Controlling Interests

The portion of income which is attributable to non-controlling interest shareholders; subtracted from [ConsolInc] in order to obtain [NetInc].