Best Buy Co Stock Total Debt
BBY Stock | USD 76.15 0.15 0.20% |
Best Buy Co fundamentals help investors to digest information that contributes to Best Buy's financial success or failures. It also enables traders to predict the movement of Best Stock. The fundamental analysis module provides a way to measure Best Buy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Best Buy stock.
Total Debt To Capitalization is likely to rise to 0.44 in 2024. Best | Total Debt |
Best Buy Co Company Total Debt Analysis
Best Buy's Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Current Best Buy Total Debt | 3.98 B |
Most of Best Buy's fundamental indicators, such as Total Debt, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Best Buy Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Best Total Debt Driver Correlations
Understanding the fundamental principles of building solid financial models for Best Buy is extremely important. It helps to project a fair market value of Best Stock properly, considering its historical fundamentals such as Total Debt. Since Best Buy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Best Buy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Best Buy's interrelated accounts and indicators.
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Best Total Debt Historical Pattern
Today, most investors in Best Buy Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Best Buy's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total debt growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Best Buy total debt as a starting point in their analysis.
Best Buy Total Debt |
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In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
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Best Short Long Term Debt Total
Short Long Term Debt Total |
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Based on the latest financial disclosure, Best Buy Co has a Total Debt of 3.98 B. This is 3.22% higher than that of the Specialty Retail sector and 19.71% higher than that of the Consumer Discretionary industry. The total debt for all United States stocks is 25.11% higher than that of the company.
Best Total Debt Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Best Buy's direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Best Buy could also be used in its relative valuation, which is a method of valuing Best Buy by comparing valuation metrics of similar companies.Best Buy is currently under evaluation in total debt category among related companies.
Best Buy ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Best Buy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Best Buy's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Best Buy Institutional Holders
Institutional Holdings refers to the ownership stake in Best Buy that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Best Buy's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Best Buy's value.Shares | Dimensional Fund Advisors, Inc. | 2023-12-31 | 2.8 M | Federated Hermes Inc | 2023-12-31 | 2.8 M | Northern Trust Corp | 2023-12-31 | 2.6 M | Raymond James & Associates | 2023-12-31 | 2.6 M | Ubs Asset Mgmt Americas Inc | 2023-12-31 | 2.1 M | Legal & General Group Plc | 2023-12-31 | 2.1 M | Norges Bank | 2023-12-31 | 2.1 M | Bank Of New York Mellon Corp | 2023-12-31 | 1.9 M | Pacer Advisors, Inc. | 2023-12-31 | 1.8 M | Blackrock Inc | 2023-12-31 | 23.3 M | Vanguard Group Inc | 2023-12-31 | 23.1 M |
Best Fundamentals
Return On Equity | 0.42 | ||||
Return On Asset | 0.0702 | ||||
Profit Margin | 0.03 % | ||||
Operating Margin | 0.05 % | ||||
Current Valuation | 18.9 B | ||||
Shares Outstanding | 215.38 M | ||||
Shares Owned By Insiders | 11.28 % | ||||
Shares Owned By Institutions | 84.54 % | ||||
Number Of Shares Shorted | 14.72 M | ||||
Price To Earning | 12.77 X | ||||
Price To Book | 5.50 X | ||||
Price To Sales | 0.39 X | ||||
Revenue | 43.45 B | ||||
Gross Profit | 9.91 B | ||||
EBITDA | 2.64 B | ||||
Net Income | 1.24 B | ||||
Cash And Equivalents | 1.87 B | ||||
Cash Per Share | 4.13 X | ||||
Total Debt | 3.98 B | ||||
Debt To Equity | 1.34 % | ||||
Current Ratio | 0.98 X | ||||
Book Value Per Share | 14.17 X | ||||
Cash Flow From Operations | 1.47 B | ||||
Short Ratio | 3.59 X | ||||
Earnings Per Share | 5.68 X | ||||
Price To Earnings To Growth | 1.44 X | ||||
Target Price | 84.83 | ||||
Number Of Employees | 85 K | ||||
Beta | 1.51 | ||||
Market Capitalization | 16.37 B | ||||
Total Asset | 14.97 B | ||||
Retained Earnings | 2.68 B | ||||
Working Capital | (12 M) | ||||
Current Asset | 9.89 B | ||||
Current Liabilities | 6.92 B | ||||
Annual Yield | 0.05 % | ||||
Five Year Return | 2.63 % | ||||
Net Asset | 14.97 B | ||||
Last Dividend Paid | 3.68 |
About Best Buy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Best Buy Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Best Buy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Best Buy Co based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Best Buy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Best Buy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Best Buy will appreciate offsetting losses from the drop in the long position's value.Moving against Best Stock
0.79 | EGOX | NexteGO NV Ordinary | PairCorr |
0.78 | UCAR | U Power Limited | PairCorr |
0.74 | ARKO | Arko Corp Financial Report 13th of May 2024 | PairCorr |
0.69 | SPWH | Sportsmans Financial Report 4th of June 2024 | PairCorr |
0.67 | EWCZ | European Wax Center Financial Report 8th of May 2024 | PairCorr |
The ability to find closely correlated positions to Best Buy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Best Buy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Best Buy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Best Buy Co to buy it.
The correlation of Best Buy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Best Buy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Best Buy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Best Buy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Best Buy Piotroski F Score and Best Buy Altman Z Score analysis. Note that the Best Buy information on this page should be used as a complementary analysis to other Best Buy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Best Stock analysis
When running Best Buy's price analysis, check to measure Best Buy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Best Buy is operating at the current time. Most of Best Buy's value examination focuses on studying past and present price action to predict the probability of Best Buy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Best Buy's price. Additionally, you may evaluate how the addition of Best Buy to your portfolios can decrease your overall portfolio volatility.
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Is Best Buy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Best Buy. If investors know Best will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Best Buy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.05) | Dividend Share 3.68 | Earnings Share 5.68 | Revenue Per Share 199.596 | Quarterly Revenue Growth (0.01) |
The market value of Best Buy is measured differently than its book value, which is the value of Best that is recorded on the company's balance sheet. Investors also form their own opinion of Best Buy's value that differs from its market value or its book value, called intrinsic value, which is Best Buy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Best Buy's market value can be influenced by many factors that don't directly affect Best Buy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Best Buy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Best Buy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Best Buy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.