Damien Harmon - Best Buy Ex Omnichannel

BUY Stock  EUR 81.64  1.46  1.76%   

Insider

Damien Harmon is Ex Omnichannel of Best Buy Co
Age 45
Phone612 291 1000
Webhttps://investors.bestbuy.com/investor-relations/o

Best Buy Management Efficiency

The company has return on total asset (ROA) of 0.0698 % which means that it generated a profit of $0.0698 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.4264 %, meaning that it generated $0.4264 on every $100 dollars invested by stockholders. Best Buy's management efficiency ratios could be used to measure how well Best Buy manages its routine affairs as well as how well it operates its assets and liabilities.
Best Buy Co has accumulated 1.22 B in total debt with debt to equity ratio (D/E) of 120.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Best Buy has a current ratio of 1.1, suggesting that it is in a questionable position to pay out its financial obligations in time and when they become due. Debt can assist Best Buy until it has trouble settling it off, either with new capital or with free cash flow. So, Best Buy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Best Buy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Best to invest in growth at high rates of return. When we think about Best Buy's use of debt, we should always consider it together with cash and equity.

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Best Buy Co., Inc. operates as a retailer of technology products, services, and solutions in the United States, Canada, and Mexico. Best Buy Co., Inc. was founded in 1966 and is headquartered in Richfield, Minnesota. BEST BUY operates under Specialty Retail classification in Germany and is traded on Frankfurt Stock Exchange. It employs 125000 people. Best Buy Co (BUY) is traded on Frankfurt Exchange in Germany and employs 57,750 people.

Management Performance

Best Buy Leadership Team

Elected by the shareholders, the Best Buy's board of directors comprises two types of representatives: Best Buy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Best. The board's role is to monitor Best Buy's management team and ensure that shareholders' interests are well served. Best Buy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Best Buy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Todd Hartman, Gen VP
Corie Barry, CEO Director
Brian Tilzer, Analytics Digital
Matthew Bilunas, Ex CFO
Kamy Scarlett, Chief Officer
Richard Schulze, Founder Emeritus
Mollie OBrien, VP Relations
Jason Bonfig, Ex Officer
Mathew Watson, Controller Fin
Damien Harmon, Ex Omnichannel

Best Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Best Buy a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in Best Stock

When determining whether Best Buy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Best Buy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Best Buy Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Best Buy Co Stock:
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 board of governors.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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.