Boqii Selling General Administrative vs Interest Expense Analysis
BQ Stock | USD 0.51 0.01 1.92% |
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 Selling General Administrative and its Interest Expense 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.
Selling General Administrative vs Interest Expense
Selling General Administrative vs Interest Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Boqii Holding Limited Selling General Administrative account and Interest Expense. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Boqii Holding's Selling General Administrative and Interest Expense is -0.03. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Interest Expense 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 Selling General Administrative and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Boqii Holding Limited are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Selling General Administrative i.e., Boqii Holding's Selling General Administrative and Interest Expense go up and down completely randomly.
Correlation Coefficient | -0.03 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Selling General Administrative
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.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 11/21/2024, 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
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 457.2M | 880.6M | 778.3M | 540.8M | 383.2M | 600.5M | |
Short Long Term Debt Total | 389.9M | 615.0M | 380.4M | 211.1M | 242.7M | 387.0M | |
Other Current Liab | 48.9M | 43.7M | 39.7M | 37.1M | 10.3M | 9.8M | |
Total Current Liabilities | 311.9M | 216.6M | 315.9M | 196.1M | 72.0M | 68.4M | |
Total Stockholder Equity | (2.0B) | 82.7M | 199.2M | 178.3M | 218.7M | 229.6M | |
Property Plant And Equipment Net | 19.9M | 37.6M | 46.3M | 27.8M | 12.1M | 22.8M | |
Current Deferred Revenue | 15.5M | 3.9M | 7.0M | 4.5M | 4.0M | 6.4M | |
Net Debt | 295.4M | 322.8M | 217.5M | 121.2M | 109.1M | 175.3M | |
Retained Earnings | (2.0B) | (2.8B) | (2.9B) | (3.0B) | (3.1B) | (3.2B) | |
Accounts Payable | 88.0M | 71.8M | 94.2M | 56.0M | 24.3M | 23.1M | |
Cash | 88.4M | 292.2M | 162.9M | 89.9M | 72.7M | 133.8M | |
Non Current Assets Total | 178.1M | 185.8M | 199.8M | 134.6M | 105.0M | 158.8M | |
Non Currrent Assets Other | 11.0M | 4.1M | 4.9M | 6.6M | 5.9M | 5.2M | |
Long Term Debt | 230.4M | 501.4M | 181.1M | 102.8M | 42.4M | 40.3M | |
Cash And Short Term Investments | 88.4M | 460.8M | 290.9M | 159.6M | 183.6M | 225.2M | |
Net Receivables | 106.3M | 57.2M | 61.0M | 86.1M | 50.1M | 55.9M | |
Liabilities And Stockholders Equity | 457.2M | 880.6M | 778.3M | 540.8M | 621.9M | 636.3M | |
Non Current Liabilities Total | 2.1B | 536.3M | 214.1M | 119.7M | 50.3M | 47.8M | |
Capital Lease Obligations | 13.3M | 28.1M | 38.2M | 22.0M | 8.7M | 17.4M | |
Inventory | 63.1M | 91.6M | 109.9M | 81.1M | 55.2M | 86.2M | |
Other Current Assets | 4.4M | 61.9M | 69.6M | 42.8M | 15.7M | 15.0M | |
Other Stockholder Equity | (1.9B) | 2.9B | 3.1B | 3.2B | 3.7B | 3.9B | |
Total Liab | 2.4B | 752.9M | 530.0M | 315.9M | 122.3M | 116.2M | |
Net Invested Capital | (1.6B) | 669.6M | 541.4M | 367.4M | 276.3M | 290.2M | |
Long Term Investments | 73.4M | 74.3M | 82.3M | 75.6M | 65.9M | 73.1M | |
Property Plant And Equipment Gross | 19.9M | 37.6M | 46.3M | 27.8M | 34.8M | 35.5M | |
Short Long Term Debt | 151.5M | 85.6M | 161.1M | 86.3M | 15.2M | 14.5M | |
Total Current Assets | 279.1M | 694.8M | 578.6M | 406.2M | 278.3M | 441.7M | |
Accumulated Other Comprehensive Income | 13.8M | (17.1M) | (42.6M) | (33.3M) | (30.0M) | (28.5M) | |
Capital Stock | 139K | 446K | 454K | 455K | 1.0M | 1.1M | |
Net Working Capital | (32.8M) | 478.2M | 262.7M | 210.0M | 206.2M | 183.8M | |
Short Term Debt | 159.4M | 93.6M | 171.1M | 95.5M | 85.9M | 100.3M | |
Intangible Assets | 33.5M | 29.5M | 25.5M | 21.6M | 17.9M | 23.9M |
Pair Trading with Boqii Holding
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Boqii Holding position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Boqii Holding will appreciate offsetting losses from the drop in the long position's value.Moving against Boqii Stock
0.7 | FL | Foot Locker Earnings Call This Week | PairCorr |
0.68 | BGI | Birks Group | PairCorr |
0.53 | DKS | Dicks Sporting Goods | PairCorr |
0.49 | DIBS | 1StdibsCom | PairCorr |
0.45 | AAP | Advance Auto Parts | PairCorr |
The ability to find closely correlated positions to Boqii Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Boqii Holding when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Boqii Holding - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Boqii Holding Limited to buy it.
The correlation of Boqii Holding is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Boqii Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Boqii Holding Limited moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Boqii Holding can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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.