BQ Stock | | | USD 0.50 0.01 1.96% |
Boqii Holding financial indicator trend analysis is way more than just evaluating Boqii Holding Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Boqii Holding Limited is a good investment. Please check the relationship between Boqii Holding Income Before Tax and its Depreciation And Amortization accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Boqii Holding Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in producer price index.
Income Before Tax vs Depreciation And Amortization
Income Before Tax vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Boqii Holding Limited Income Before Tax account and
Depreciation And Amortization. At this time, the significance of the direction appears to have strong relationship.
The correlation between Boqii Holding's Income Before Tax and Depreciation And Amortization is 0.72. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Boqii Holding Limited, assuming nothing else is changed. The correlation between historical values of Boqii Holding's Income Before Tax and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Boqii Holding Limited are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Income Before Tax i.e., Boqii Holding's Income Before Tax and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.72 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Boqii Holding income statement and is an important metric when analyzing Boqii Holding Limited profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Boqii Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Boqii Holding Limited current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, 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 Boqii Holding Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in producer price index.
As of 11/24/2024,
Selling General Administrative is likely to grow to about 157.8
M, while
Tax Provision is likely to drop (973.4
K).
| 2021 | 2022 | 2023 | 2024 (projected) |
Depreciation And Amortization | 19.4M | 32.4M | 37.3M | 24.6M | Interest Income | 15.5M | 7.4M | 2.6M | 2.5M |
Boqii Holding fundamental ratios Correlations
Click cells to compare fundamentals
Boqii Holding Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Boqii Holding fundamental ratios Accounts
Additional Tools for Boqii Stock Analysis
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