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 Other Operating Expenses and its Operating Income 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.
Other Operating Expenses vs Operating Income
Other Operating Expenses vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Boqii Holding Limited Other Operating Expenses account and
Operating Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Boqii Holding's Other Operating Expenses and Operating Income is 0.67. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Operating Income 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 Other Operating Expenses and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Boqii Holding Limited are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Other Operating Expenses i.e., Boqii Holding's Other Operating Expenses and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.67 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Boqii Holding Limited. It is also known as Boqii Holding overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Operating Income
Operating Income is the amount of profit realized from Boqii Holding Limited operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Boqii Holding Limited is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
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
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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.