Boqii Income Before Tax vs Tax Provision Analysis

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 Tax Provision 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 Tax Provision

Income Before Tax vs Tax Provision 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 Tax Provision. At this time, the significance of the direction appears to have pay attention.
The correlation between Boqii Holding's Income Before Tax and Tax Provision is -0.83. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Tax Provision 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 Tax Provision 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 Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Income Before Tax i.e., Boqii Holding's Income Before Tax and Tax Provision go up and down completely randomly.

Correlation Coefficient

-0.83
Relationship DirectionNegative 
Relationship StrengthSignificant

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.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
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 Amortization19.4M32.4M37.3M24.6M
Interest Income15.5M7.4M2.6M2.5M

Boqii Holding fundamental ratios Correlations

0.92-0.67-0.370.80.760.790.51-0.480.71-0.81-0.530.960.94-0.27-0.310.770.960.180.750.77-0.60.89-0.70.520.78
0.92-0.59-0.330.590.870.570.35-0.270.89-0.65-0.470.960.89-0.12-0.090.880.910.20.820.58-0.530.96-0.470.330.58
-0.67-0.590.87-0.86-0.7-0.850.190.53-0.230.950.96-0.59-0.710.10.3-0.23-0.69-0.09-0.26-0.790.94-0.680.850.13-0.29
-0.37-0.330.87-0.74-0.43-0.740.450.650.080.780.96-0.36-0.320.260.460.01-0.480.20.18-0.610.93-0.510.770.390.0
0.80.59-0.86-0.740.51.00.21-0.830.18-0.96-0.810.720.68-0.49-0.670.340.83-0.130.260.93-0.850.69-0.990.280.59
0.760.87-0.7-0.430.50.48-0.04-0.060.8-0.67-0.610.760.880.310.220.70.720.540.730.53-0.540.87-0.39-0.050.27
0.790.57-0.85-0.741.00.480.21-0.840.16-0.95-0.80.710.66-0.51-0.680.330.82-0.150.250.93-0.850.68-0.990.280.59
0.510.350.190.450.21-0.040.21-0.180.38-0.070.370.470.35-0.48-0.310.470.42-0.110.520.190.160.19-0.150.990.86
-0.48-0.270.530.65-0.83-0.06-0.84-0.180.150.660.59-0.49-0.220.780.94-0.19-0.620.50.11-0.770.63-0.450.85-0.23-0.39
0.710.89-0.230.080.180.80.160.380.15-0.28-0.080.780.770.180.290.90.660.420.920.24-0.110.77-0.040.330.44
-0.81-0.650.950.78-0.96-0.67-0.95-0.070.66-0.280.89-0.72-0.780.250.44-0.36-0.81-0.09-0.34-0.90.89-0.740.94-0.13-0.51
-0.53-0.470.960.96-0.81-0.61-0.80.370.59-0.080.89-0.48-0.530.120.35-0.12-0.58-0.02-0.04-0.720.94-0.630.820.31-0.11
0.960.96-0.59-0.360.720.760.710.47-0.490.78-0.72-0.480.86-0.32-0.330.870.980.080.740.71-0.550.95-0.610.460.69
0.940.89-0.71-0.320.680.880.660.35-0.220.77-0.78-0.530.860.05-0.010.70.850.430.820.68-0.560.83-0.580.370.67
-0.27-0.120.10.26-0.490.31-0.51-0.480.780.180.250.12-0.320.050.93-0.08-0.410.840.17-0.350.34-0.160.52-0.5-0.5
-0.31-0.090.30.46-0.670.22-0.68-0.310.940.290.440.35-0.33-0.010.93-0.04-0.450.720.24-0.580.47-0.210.71-0.36-0.41
0.770.88-0.230.010.340.70.330.47-0.190.9-0.36-0.120.870.7-0.08-0.040.790.260.840.46-0.120.84-0.20.410.48
0.960.91-0.69-0.480.830.720.820.42-0.620.66-0.81-0.580.980.85-0.41-0.450.79-0.010.670.82-0.650.93-0.740.440.69
0.180.2-0.090.2-0.130.54-0.15-0.110.50.42-0.09-0.020.080.430.840.720.26-0.010.43-0.010.180.180.19-0.13-0.05
0.750.82-0.260.180.260.730.250.520.110.92-0.34-0.040.740.820.170.240.840.670.430.39-0.070.67-0.130.490.55
0.770.58-0.79-0.610.930.530.930.19-0.770.24-0.9-0.720.710.68-0.35-0.580.460.82-0.010.39-0.680.7-0.90.250.47
-0.6-0.530.940.93-0.85-0.54-0.850.160.63-0.110.890.94-0.55-0.560.340.47-0.12-0.650.18-0.07-0.68-0.620.860.1-0.33
0.890.96-0.68-0.510.690.870.680.19-0.450.77-0.74-0.630.950.83-0.16-0.210.840.930.180.670.7-0.62-0.590.170.46
-0.7-0.470.850.77-0.99-0.39-0.99-0.150.85-0.040.940.82-0.61-0.580.520.71-0.2-0.740.19-0.13-0.90.86-0.59-0.23-0.54
0.520.330.130.390.28-0.050.280.99-0.230.33-0.130.310.460.37-0.5-0.360.410.44-0.130.490.250.10.17-0.230.89
0.780.58-0.290.00.590.270.590.86-0.390.44-0.51-0.110.690.67-0.5-0.410.480.69-0.050.550.47-0.330.46-0.540.89
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Boqii Holding Account Relationship Matchups

Boqii Holding fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets457.2M880.6M778.3M540.8M383.2M600.5M
Short Long Term Debt Total389.9M615.0M380.4M211.1M242.7M387.0M
Other Current Liab48.9M43.7M39.7M37.1M10.3M9.8M
Total Current Liabilities311.9M216.6M315.9M196.1M72.0M68.4M
Total Stockholder Equity(2.0B)82.7M199.2M178.3M218.7M229.6M
Property Plant And Equipment Net19.9M37.6M46.3M27.8M12.1M22.8M
Current Deferred Revenue15.5M3.9M7.0M4.5M4.0M6.4M
Net Debt295.4M322.8M217.5M121.2M109.1M175.3M
Retained Earnings(2.0B)(2.8B)(2.9B)(3.0B)(3.1B)(3.2B)
Accounts Payable88.0M71.8M94.2M56.0M24.3M23.1M
Cash88.4M292.2M162.9M89.9M72.7M133.8M
Non Current Assets Total178.1M185.8M199.8M134.6M105.0M158.8M
Non Currrent Assets Other11.0M4.1M4.9M6.6M5.9M5.2M
Long Term Debt230.4M501.4M181.1M102.8M42.4M40.3M
Cash And Short Term Investments88.4M460.8M290.9M159.6M183.6M225.2M
Net Receivables106.3M57.2M61.0M86.1M50.1M55.9M
Liabilities And Stockholders Equity457.2M880.6M778.3M540.8M621.9M636.3M
Non Current Liabilities Total2.1B536.3M214.1M119.7M50.3M47.8M
Capital Lease Obligations13.3M28.1M38.2M22.0M8.7M17.4M
Inventory63.1M91.6M109.9M81.1M55.2M86.2M
Other Current Assets4.4M61.9M69.6M42.8M15.7M15.0M
Other Stockholder Equity(1.9B)2.9B3.1B3.2B3.7B3.9B
Total Liab2.4B752.9M530.0M315.9M122.3M116.2M
Net Invested Capital(1.6B)669.6M541.4M367.4M276.3M290.2M
Long Term Investments73.4M74.3M82.3M75.6M65.9M73.1M
Property Plant And Equipment Gross19.9M37.6M46.3M27.8M34.8M35.5M
Short Long Term Debt151.5M85.6M161.1M86.3M15.2M14.5M
Total Current Assets279.1M694.8M578.6M406.2M278.3M441.7M
Accumulated Other Comprehensive Income13.8M(17.1M)(42.6M)(33.3M)(30.0M)(28.5M)
Capital Stock139K446K454K455K1.0M1.1M
Net Working Capital(32.8M)478.2M262.7M210.0M206.2M183.8M
Short Term Debt159.4M93.6M171.1M95.5M85.9M100.3M
Intangible Assets33.5M29.5M25.5M21.6M17.9M23.9M

Additional Tools for Boqii Stock Analysis

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