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Best Buy Interest Expense vs Net Income to Non Controlling Interests 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 Net Income to Non Controlling Interests accounts. Continue to Trending Equities.

Interest Expense vs Net Income to Non Controlling Interests

Accounts Relationship

Interest Expense vs Net Income to Non Controlling Interests

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 Net Income to Non Controlling Interests

Correlation Coefficient

-0.9
Relationship DirectionNegative 
Relationship StrengthSignificant

Interest Expense

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

Net Income to Non Controlling Interests

The portion of income which is attributable to non-controlling interest shareholders; subtracted from consolidated income in order to obtain net income.