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Best Buy Operating Expenses vs Interest Expense 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 Operating Expenses and its Interest Expense accounts. Continue to Trending Equities.

Operating Expenses vs Interest Expense

Accounts Relationship

Operating Expenses vs Interest Expense

Significance: Weak Relationship

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

Correlation Coefficient

0.31
Relationship DirectionPositive 
Relationship StrengthVery Weak

Operating Expenses

Operating expenses represents the total expenditure on [SGnA]; [RnD] and other operating expense items; it excludes [CoR].

Interest Expense

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