Senmiao Net Debt vs Common Stock Total Equity Analysis

AIHS Stock  USD 0.93  0.02  2.11%   
Senmiao Technology financial indicator trend analysis is much more than just breaking down Senmiao Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Senmiao Technology is a good investment. Please check the relationship between Senmiao Technology Net Debt and its Common Stock Total Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Senmiao Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For more information on how to buy Senmiao Stock please use our How to Invest in Senmiao Technology guide.

Net Debt vs Common Stock Total Equity

Net Debt vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Senmiao Technology Net Debt account and Common Stock Total Equity. At this time, the significance of the direction appears to have very week relationship.
The correlation between Senmiao Technology's Net Debt and Common Stock Total Equity is 0.2. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Senmiao Technology, assuming nothing else is changed. The correlation between historical values of Senmiao Technology's Net Debt and Common Stock Total Equity 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 Senmiao Technology are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Net Debt i.e., Senmiao Technology's Net Debt and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

0.2
Relationship DirectionPositive 
Relationship StrengthVery Weak

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.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from Senmiao Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Senmiao Technology 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 Senmiao Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For more information on how to buy Senmiao Stock please use our How to Invest in Senmiao Technology guide.At this time, Senmiao Technology's Discontinued Operations is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.74 in 2024, whereas Selling General Administrative is likely to drop slightly above 4.2 M in 2024.
 2023 2024 (projected)
Reconciled Depreciation1.5M2.0M
Interest Income1.5M1.6M

Senmiao Technology fundamental ratios Correlations

0.780.560.220.520.13-0.16-0.1-0.1-0.27-0.36-0.57-0.420.360.290.490.760.3-0.1-0.370.70.410.170.44
0.780.95-0.330.140.49-0.56-0.02-0.020.140.08-0.270.07-0.020.760.920.380.570.480.20.17-0.20.70.57
0.560.95-0.52-0.10.57-0.640.060.060.260.25-0.140.26-0.230.871.00.130.680.680.4-0.08-0.450.880.61
0.22-0.33-0.520.65-0.610.690.120.12-0.62-0.5-0.34-0.560.54-0.67-0.580.56-0.14-0.78-0.770.730.81-0.630.03
0.520.14-0.10.65-0.430.290.10.1-0.19-0.31-0.25-0.360.67-0.32-0.180.83-0.1-0.5-0.460.530.56-0.420.01
0.130.490.57-0.61-0.43-0.18-0.7-0.70.60.20.150.130.10.340.59-0.050.20.550.39-0.36-0.520.60.22
-0.16-0.56-0.640.690.29-0.18-0.31-0.31-0.27-0.64-0.3-0.70.7-0.91-0.670.41-0.15-0.76-0.720.370.62-0.540.04
-0.1-0.020.060.120.1-0.7-0.311.0-0.360.14-0.120.27-0.560.330.07-0.180.380.070.060.04-0.020.150.22
-0.1-0.020.060.120.1-0.7-0.311.0-0.360.14-0.120.27-0.560.330.07-0.180.380.070.060.04-0.020.150.22
-0.270.140.26-0.62-0.190.6-0.27-0.36-0.360.590.680.570.020.240.3-0.23-0.160.520.65-0.76-0.70.35-0.27
-0.360.080.25-0.5-0.310.2-0.640.140.140.590.880.98-0.510.520.29-0.62-0.140.750.92-0.73-0.810.32-0.34
-0.57-0.27-0.14-0.34-0.250.15-0.3-0.12-0.120.680.880.83-0.240.09-0.1-0.59-0.480.460.76-0.75-0.65-0.04-0.63
-0.420.070.26-0.56-0.360.13-0.70.270.270.570.980.83-0.630.570.32-0.68-0.080.770.92-0.78-0.850.37-0.32
0.36-0.02-0.230.540.670.10.7-0.56-0.560.02-0.51-0.24-0.63-0.64-0.30.8-0.2-0.57-0.550.430.54-0.420.03
0.290.760.87-0.67-0.320.34-0.910.330.330.240.520.090.57-0.640.89-0.270.510.810.63-0.28-0.620.820.35
0.490.921.0-0.58-0.180.59-0.670.070.070.30.29-0.10.32-0.30.890.050.670.730.45-0.15-0.520.910.58
0.760.380.130.560.83-0.050.41-0.18-0.18-0.23-0.62-0.59-0.680.8-0.270.050.17-0.53-0.660.720.66-0.180.37
0.30.570.68-0.14-0.10.2-0.150.380.38-0.16-0.14-0.48-0.08-0.20.510.670.170.280.00.13-0.130.760.96
-0.10.480.68-0.78-0.50.55-0.760.070.070.520.750.460.77-0.570.810.73-0.530.280.89-0.69-0.930.770.08
-0.370.20.4-0.77-0.460.39-0.720.060.060.650.920.760.92-0.550.630.45-0.660.00.89-0.85-0.950.5-0.22
0.70.17-0.080.730.53-0.360.370.040.04-0.76-0.73-0.75-0.780.43-0.28-0.150.720.13-0.69-0.850.9-0.340.34
0.41-0.2-0.450.810.56-0.520.62-0.02-0.02-0.7-0.81-0.65-0.850.54-0.62-0.520.66-0.13-0.93-0.950.9-0.650.09
0.170.70.88-0.63-0.420.6-0.540.150.150.350.32-0.040.37-0.420.820.91-0.180.760.770.5-0.34-0.650.64
0.440.570.610.030.010.220.040.220.22-0.27-0.34-0.63-0.320.030.350.580.370.960.08-0.220.340.090.64
Click cells to compare fundamentals

Senmiao Technology Account Relationship Matchups

Senmiao Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.6M22.3M19.9M14.2M571.6K543.0K
Other Current Liab6.7M10.6M5.2M4.4M(761.5K)(723.4K)
Total Current Liabilities11.1M16.8M6.2M5.2M11.6K11.0K
Total Stockholder Equity2.8M5.9M8.1M4.4M9.9M6.5M
Net Tangible Assets8.1M2.0M5.9M7.1M6.4M5.1M
Net Debt6.2M4.4M(78.0K)(619.1K)255.2K268.0K
Retained Earnings(23.7M)(34.1M)(34.6M)(37.7M)1.1M1.2M
Accounts Payable377.1K44.8K14.4K183.6K150.3K139.5K
Cash833.9K4.4M1.2M1.6M794.6K754.9K
Non Current Assets Total9.0M11.4M14.3M9.4M7.2M8.0M
Non Currrent Assets Other1.6M748.2K6.7M4.4M3.5M3.5M
Other Assets1.6M742.7K6.7M(9.3M)(8.4M)(7.9M)
Long Term Debt177.8K64.2K45.0K71.2K81.9K56.3K
Cash And Short Term Investments833.9K4.4M1.2M1.6M794.6K754.9K
Net Receivables3.5M2.0M1.4M3.2M3.8M2.0M
Common Stock Shares Outstanding2.8M3.9M5.7M7.2M9.5M4.8M
Liabilities And Stockholders Equity15.6M22.3M19.9M14.2M718.6K682.7K
Non Current Liabilities Total3.0M3.0M1.1M826.1K464.3K441.1K
Capital Surpluse23.6M23.8M27.0M40.8M46.9M25.3M
Capital Lease Obligations6.7M8.5M961.7K982.2K492.6K468.0K
Inventory1.0M127.9K286.5K6.7K(11.8M)(11.2M)
Other Current Assets72.6K30.2K14.0K3.1M9.9M10.4M
Other Stockholder Equity50.7M74.8M42.0M43.1M4.2M4.0M
Total Liab14.2M19.7M7.3M6.0M1.1K998.45
Property Plant And Equipment Gross6.6M9.6M6.6M4.2M5.5M4.0M
Short Long Term Debt226.8K1.2M145.5K8.8K154.8K147.1K
Total Current Assets6.6M10.9M5.6M4.9M2.7M2.5M
Accumulated Other Comprehensive Income(507.5K)(838.7K)(109.5K)(1.2M)4.3M4.5M
Short Term Debt4.0M5.9M831.1K477.2K500.3K475.3K
Intangible Assets777.6K968.1K959.6K774.3K590.7K938.4K
Common Stock2.9K5.0K630.0773.01.1K1.7K
Property Plant Equipment125.9K6.6M3.7M6.6M7.6M8.0M
Property Plant And Equipment Net6.6M9.6M6.6M4.2M3.1M4.2M

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