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Best Buy Interest Expense vs Revenues 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 Revenues accounts. Continue to Trending Equities.

Interest Expense vs Revenues

Accounts Relationship

Interest Expense vs Revenues

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 Revenues

Correlation Coefficient

-0.9
Relationship DirectionNegative 
Relationship StrengthSignificant

Interest Expense

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

Revenues

Revenues refers to the total amount of money received by best buy for goods sold or services provided during a certain time period. it also includes all of best buy sales as well as any other increase in best buy co equity.revenues are reported on best buy income statement and calculated before any expenses are subtracted. amount of revenue recognized from goods sold; services rendered; insurance premiums; or other activities that constitute an earning process. interest income for financial institutions is reported net of interest expense and provision for credit losses.