Best Buy Interest Expense vs Consolidated Income Analysis

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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 Interest Expense and its Consolidated Income accounts. Continue to Trending Equities.

Interest Expense vs Consolidated Income

Accounts Relationship

Interest Expense vs Consolidated Income

Significance: Pay attention

Interest Expense diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Best Buy Interest Expense account and Consolidated Income

Correlation Coefficient

Relationship DirectionNegative 
Relationship StrengthSignificant

Interest Expense

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

Consolidated Income

The portion of profit or loss for the period; net of income taxes; which is attributable to the consolidated entity; before the deduction of net income to non controlling interests.