| 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 Net Debt and its Cash 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.
Net Debt vs Cash
Net Debt vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Boqii Holding Limited Net Debt account and
Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Boqii Holding's Net Debt and Cash is 0.78. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash 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 Net Debt and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Boqii Holding Limited are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Debt i.e., Boqii Holding's Net Debt and Cash go up and down completely randomly.
Correlation Coefficient | 0.78 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Cash
Cash refers to the most liquid asset of Boqii Holding Limited, which is listed under current asset account on Boqii Holding Limited balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Boqii Holding customers. The amounts must be unrestricted with restricted cash listed in a different Boqii Holding account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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).
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
When running Boqii Holding's price analysis, check to
measure Boqii Holding'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 Boqii Holding is operating at the current time. Most of Boqii Holding's value examination focuses on studying past and present price action to
predict the probability of Boqii Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Boqii Holding's price. Additionally, you may evaluate how the addition of Boqii Holding to your portfolios can decrease your overall portfolio volatility.