000725 Stock | | | 4.38 0.02 0.45% |
BOE Technology financial indicator trend analysis is way more than just evaluating BOE Technology Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BOE Technology Group is a good investment. Please check the relationship between BOE Technology Cash and its Intangible Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in BOE Technology Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Cash vs Intangible Assets
Cash vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BOE Technology Group Cash account and
Intangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between BOE Technology's Cash and Intangible Assets is 0.91. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of BOE Technology Group, assuming nothing else is changed. The correlation between historical values of BOE Technology's Cash and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of BOE Technology Group are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Cash i.e., BOE Technology's Cash and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Cash
Cash refers to the most liquid asset of BOE Technology Group, which is listed under current asset account on BOE Technology Group balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from BOE Technology customers. The amounts must be unrestricted with restricted cash listed in a different BOE Technology 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.
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from BOE Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BOE Technology Group 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 BOE Technology Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
The current year's
Tax Provision is expected to grow to about 1.9
B, whereas
Selling General Administrative is forecasted to decline to about 5.2
B.
BOE Technology fundamental ratios Correlations
Click cells to compare fundamentals
BOE Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BOE Technology fundamental ratios Accounts
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Other Information on Investing in BOE Stock
Balance Sheet is a snapshot of the
financial position of BOE Technology Group at a specified time, usually calculated after every quarter, six months, or one year. BOE Technology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of BOE Technology and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which BOE currently owns. An asset can also be divided into two categories, current and non-current.