Best Historical Balance Sheet

BBY Stock  USD 87.48  0.14  0.16%   
Trend analysis of Best Buy Co balance sheet accounts such as Short Long Term Debt Total of 4.2 B, Other Current Liabilities of 1.1 B or Total Current Liabilities of 5.2 B provides information on Best Buy's total assets, liabilities, and equity, which is the actual value of Best Buy to its prevalent stockholders. By breaking down trends over time using Best Buy balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Best Buy latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Best Buy is a good buy for the upcoming year.

Best Buy Inventory

3.33 Billion

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Best Buy Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

About Best Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Best Buy at a specified time, usually calculated after every quarter, six months, or one year. Best Buy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Best Buy and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Best currently owns. An asset can also be divided into two categories, current and non-current.

Best Buy Balance Sheet Chart

At this time, Best Buy's Short Term Debt is fairly stable compared to the past year. Common Stock is likely to rise to about 30.4 M in 2024, whereas Total Assets are likely to drop slightly above 9.7 B in 2024.

Total Assets

Total assets refers to the total amount of Best Buy assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Best Buy books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Best Buy balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Best Buy Co are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Accounts Payable

An accounting item on the balance sheet that represents Best Buy obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Best Buy are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most accounts from Best Buy's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Best Buy current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Best Buy Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
At this time, Best Buy's Short Term Debt is fairly stable compared to the past year. Common Stock is likely to rise to about 30.4 M in 2024, whereas Total Assets are likely to drop slightly above 9.7 B in 2024.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total3.9B4.0B4.0B4.2B
Total Assets17.5B15.8B15.0B9.7B

Best Buy balance sheet Correlations

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Best Buy Account Relationship Matchups

Best Buy balance sheet Accounts

201920202021202220232024 (projected)
Total Assets15.6B19.1B17.5B15.8B15.0B9.7B
Short Long Term Debt Total4.1B4.1B3.9B4.0B4.0B4.2B
Other Current Liab923M990M2.5B868M757M1.1B
Total Current Liabilities8.1B10.5B10.7B9.0B7.9B5.2B
Total Stockholder Equity3.5B4.6B3.0B2.8B3.1B2.9B
Property Plant And Equipment Net5.0B4.9B4.9B5.1B5.0B5.3B
Net Debt1.8B(1.4B)1.0B2.1B2.5B2.7B
Retained Earnings3.2B4.2B2.7B2.4B2.7B2.5B
Cash2.2B5.5B2.9B1.9B1.4B1.3B
Non Current Assets Total6.7B6.5B7.0B7.0B7.1B7.4B
Non Currrent Assets Other615M561M548M469M669M702.5M
Cash And Short Term Investments2.2B5.5B2.9B1.9B1.4B1.7B
Net Receivables1.1B1.1B1.0B1.1B939M780.1M
Common Stock Shares Outstanding268.1M263M249.3M225.7M218.5M386.0M
Liabilities And Stockholders Equity15.6B19.1B17.5B15.8B15.0B9.6B
Non Current Liabilities Total4.1B4.0B3.8B4.0B4.0B4.2B
Other Current Assets305M373M596M647M553M440.6M
Other Stockholder Equity295M328M329M21M31M29.5M
Total Liab12.1B14.5B14.5B13.0B11.9B6.7B
Total Current Assets8.9B12.5B10.5B8.8B7.9B6.3B
Accumulated Other Comprehensive Income295M328M329M322M317M332.9M
Short Term Debt1.3B1.5B1.3B1.3B1.3B1.3B
Accounts Payable5.3B7.0B6.8B5.7B4.6B3.6B
Current Deferred Revenue782M1.0B1.4B1.4B1.3B926.9M
Good Will984M986M1.4B1.4B1.6B1.1B
Intangible Assets363M301M275M189M128M223.0M
Short Term Investments183M117M65M178M160.2M152.2M
Other Assets243M277M352M520M468M316M
Long Term Debt1.3B1.1B1.1B1.2B1.2B931M
Long Term Debt Total1.3B1.3B1.2B1.2B1.3B1.3B
Cash And Equivalents2.2B5.5B2.9B1.9B2.2B2.8B
Property Plant Equipment5.0B4.9B4.9B5.1B5.9B4.3B
Other Liab657M694M533M705M634.5M534.1M
Net Tangible Assets2.1B3.3B1.4B3.6B4.1B2.7B
Net Invested Capital4.8B5.8B4.2B1.2B4.2B3.3B
Short Long Term Debt14M110M13M16M14.4M13.7M
Non Current Liabilities Other657M694M533M705M654M532.4M

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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.