What is the equity of Best Buy Co this year?
Best Buy Co has equity of 3.05 B USD this year.
Best Buy Co Equity 2024
Best Buy Co Equity
3.05 B USD
Best Buy Co Dividend yield
1.3 %
Ticker
BBY
ISIN
US0865161014
WKN
873629
In 2024, Best Buy Co's equity was 3.05 B USD, a 1.09% increase from the 3.02 B USD equity in the previous year.
Best Buy Co Aktienanalyse
What does Best Buy Co do?
Best Buy Co. Inc. is a multinational retailer of consumer electronics, computers, and household appliances headquartered in Richfield, Minnesota, USA. The company was founded in 1966 by Richard M. Schulze and his business partners under the name Sound of Music. Initially, the company specialized in selling audio products and had only one store in St. Paul, Minnesota. In 1983, Schulze renamed the company to Best Buy and opened the first Best Buy Superstore in Burnsville, Minnesota. The Superstore offered a wide selection of electronics products at affordable prices, which quickly proved to be a successful formula. In the 1990s, Best Buy expanded throughout the United States and also opened stores in Canada and Mexico. Today, Best Buy is one of the largest retailers of electronics worldwide. Best Buy's business model is based on selling electronics products and services in large retail stores. Best Buy offers a wide range of products, including computers, tablets, smartphones, TVs, household appliances, cameras, video games, and more. Additionally, the company also provides services such as repairs, installations, and maintenance services for the products sold. Best Buy is divided into various business segments, all of which contribute to making the company profitable. The largest division is the Consumer Electronics Group, which is primarily responsible for the sale of electronics products such as TVs, audio devices, computer hardware, and consumer goods such as smartphones and tablets. The Home Appliances Group focuses on the sale of household appliances such as refrigerators, ovens, washing machines, and dryers. The Entertainment Group sells video games, music, and movies. Best Buy also has a digital division that deals with the online sale of products and services. An important feature of the Best Buy business model is its commitment to customer service. In recent years, Best Buy has invested in training and employee development to ensure that its staff can assist customers in selecting, purchasing, and using the products. The company has also built an online community that allows customers to exchange ideas and provide feedback. In addition to selling electronics products, Best Buy also carries a range of private label brands. These include Insignia and Rocketfish, which offer electronics products such as TVs, speakers, and phone cases. Furthermore, the company also offers its own brands for computers and household appliances, including Dynex and Amana. Overall, Best Buy has undergone an impressive development in recent decades. The company has evolved from a small audio store in Minnesota to become one of the largest retailers of consumer electronics globally. Despite increasing competition from online retailers and discount stores, Best Buy has been able to remain competitive and strengthen its presence in both the retail business and the online community. Best Buy Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.Equity Details
Analyzing Best Buy Co's Equity
Best Buy Co's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Best Buy Co's equity is essential for assessing its financial health, stability, and value to shareholders.
Year-to-Year Comparison
Evaluating Best Buy Co's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.
Impact on Investments
Best Buy Co's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.
Interpreting Equity Fluctuations
Fluctuations in Best Buy Co’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.
Frequently Asked Questions about Best Buy Co Stock
What was the equity of Best Buy Co compared to the previous year?
The equity of Best Buy Co has increased/decreased by 1.09% increased compared to the previous year.
What impact does a high equity have on investors of Best Buy Co?
A high equity is advantageous for investors of Best Buy Co as it is an indicator of the company's financial stability and its ability to manage risks and challenges.
What impact does low equity have on investors of Best Buy Co?
A low equity can be a risk for investors of Best Buy Co, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.
How does an increase in equity of Best Buy Co affect the company?
An increase in equity of Best Buy Co can strengthen the company's financial position and improve its ability to make investments in the future.
How does a reduction in the equity of Best Buy Co affect the company?
A reduction in equity of Best Buy Co can affect the financial situation of the company and lead to a higher dependence on debt capital.
What are some factors that influence the equity of Best Buy Co?
Some factors that can affect the equity of Best Buy Co include profits, dividend payments, capital increases, and acquisitions.
Why is the equity of Best Buy Co so important for investors?
The equity of Best Buy Co is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.
What strategic measures can Best Buy Co take to change the equity?
To change equity, Best Buy Co can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.
How much dividend does Best Buy Co pay?
Over the past 12 months, Best Buy Co paid a dividend of 0.94 USD . This corresponds to a dividend yield of about 1.3 %. For the coming 12 months, Best Buy Co is expected to pay a dividend of 1.42 USD.
What is the dividend yield of Best Buy Co?
The current dividend yield of Best Buy Co is 1.3 %.
When does Best Buy Co pay dividends?
Best Buy Co pays a quarterly dividend. This is distributed in the months of July, October, January, April.
How secure is the dividend of Best Buy Co?
Best Buy Co paid dividends every year for the past 0 years.
What is the dividend of Best Buy Co?
For the upcoming 12 months, dividends amounting to 1.42 USD are expected. This corresponds to a dividend yield of 1.96 %.
In which sector is Best Buy Co located?
Best Buy Co is assigned to the 'Cyclical consumption' sector.
Wann musste ich die Aktien von Best Buy Co kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Best Buy Co from 4/11/2024 amounting to 0.94 USD, you needed to have the stock in your portfolio before the ex-date on 3/20/2024.
When did Best Buy Co pay the last dividend?
The last dividend was paid out on 4/11/2024.
What was the dividend of Best Buy Co in the year 2023?
In the year 2023, Best Buy Co distributed 3.68 USD as dividends.
In which currency does Best Buy Co pay out the dividend?
The dividends of Best Buy Co are distributed in USD.
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Andere Kennzahlen von Best Buy Co
Our stock analysis for Best Buy Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Best Buy Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
