Senmiao Quick Ratio from 2010 to 2024

AIHS Stock  USD 0.89  0.05  5.32%   
Senmiao Technology Quick Ratio yearly trend continues to be comparatively stable with very little volatility. Quick Ratio will likely drop to 0.47 in 2024. Quick Ratio is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. View All Fundamentals
 
Quick Ratio  
First Reported
2010-12-31
Previous Quarter
0.49617365
Current Value
0.47
Quarterly Volatility
2.37782144
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Senmiao Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Senmiao Technology's main balance sheet or income statement drivers, such as Discontinued Operations of 10.8 M, Depreciation And Amortization of 1.4 M or Interest Expense of 44.4 K, as well as many indicators such as Price To Sales Ratio of 1.08, Dividend Yield of 0.0 or PTB Ratio of 9.47. Senmiao financial statements analysis is a perfect complement when working with Senmiao Technology Valuation or Volatility modules.
  
Check out the analysis of Senmiao Technology Correlation against competitors.
For more information on how to buy Senmiao Stock please use our How to Invest in Senmiao Technology guide.

Latest Senmiao Technology's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of Senmiao Technology over the last few years. It is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. Senmiao Technology's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Senmiao Technology's overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Slightly volatile
   Quick Ratio   
       Timeline  

Senmiao Quick Ratio Regression Statistics

Arithmetic Mean2.88
Geometric Mean1.78
Coefficient Of Variation82.65
Mean Deviation2.14
Median2.64
Standard Deviation2.38
Sample Variance5.65
Range7.0655
R-Value(0.74)
Mean Square Error2.78
R-Squared0.54
Significance0
Slope(0.39)
Total Sum of Squares79.16

Senmiao Quick Ratio History

2024 0.47
2022 0.94
2021 0.86
2020 0.64
2019 0.5
2018 2.64
2017 7.47

About Senmiao Technology Financial Statements

Senmiao Technology shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although Senmiao Technology investors may analyze each financial statement separately, they are all interrelated. The changes in Senmiao Technology's assets and liabilities, for example, are also reflected in the revenues and expenses on on Senmiao Technology's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Quick Ratio 0.50  0.47 

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Additional Tools for Senmiao Stock Analysis

When running Senmiao Technology's price analysis, check to measure Senmiao Technology'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 Senmiao Technology is operating at the current time. Most of Senmiao Technology's value examination focuses on studying past and present price action to predict the probability of Senmiao Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Senmiao Technology's price. Additionally, you may evaluate how the addition of Senmiao Technology to your portfolios can decrease your overall portfolio volatility.