Senmiao Net Tangible Assets vs Capital Surpluse Analysis

AIHS Stock

USD 0.89 0.05 5.32%

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 Tangible Assets and its Capital Surpluse 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 Tangible Assets vs Capital Surpluse

Net Tangible Assets vs Capital Surpluse Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Senmiao Technology Net Tangible Assets account and Capital Surpluse. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Senmiao Technology's Net Tangible Assets and Capital Surpluse is -0.36. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Capital Surpluse 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 Tangible Assets and Capital Surpluse 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 Tangible Assets of Senmiao Technology are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Net Tangible Assets i.e., Senmiao Technology's Net Tangible Assets and Capital Surpluse go up and down completely randomly.

Correlation Coefficient

-0.36

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Capital Surpluse

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.

	2021	2022	2023	2024 (projected)
Interest Expense	61.7K	25.7K	46.7K	44.4K
Depreciation And Amortization	9.4M	12.5M	1.5M	1.4M

Interest Expense Depreciation And Amortization

Senmiao Technology fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Capital Surpluse	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant And Equipment Net	Current Deferred Revenue	Net Invested Capital	Net Working Capital	Short Long Term Debt Total	Capital Stock
Total Assets		0.43	0.3	0.53	0.63	0.28	0.45	-0.25	-0.25	0.37	-0.29	-0.42	-0.37	0.81	-0.4	0.25	0.82	0.26	-0.02	-0.27	0.54	0.27	0.19	0.4
Other Current Liab	0.43		0.96	-0.34	-0.09	0.6	-0.41	0.0	0.0	0.29	0.44	0.14	0.42	0.02	0.43	0.93	0.03	0.65	0.76	0.58	-0.33	-0.63	0.82	0.55
Total Current Liabilities	0.3	0.96		-0.49	-0.25	0.67	-0.5	0.0	0.0	0.44	0.47	0.17	0.49	-0.13	0.6	1.0	-0.11	0.61	0.85	0.66	-0.48	-0.76	0.9	0.48
Total Stockholder Equity	0.53	-0.34	-0.49		0.6	-0.46	0.86	0.17	0.17	-0.18	-0.67	-0.72	-0.7	0.6	-0.82	-0.51	0.7	0.1	-0.66	-0.81	0.98	0.88	-0.33	0.29
Net Tangible Assets	0.63	-0.09	-0.25	0.6		-0.42	0.45	0.1	0.1	0.01	-0.31	-0.25	-0.36	0.71	-0.52	-0.32	0.83	-0.1	-0.5	-0.46	0.53	0.56	-0.41	0.01
Net Debt	0.28	0.6	0.67	-0.46	-0.42		-0.19	-0.7	-0.7	0.64	0.19	0.14	0.12	0.14	0.3	0.67	-0.04	0.21	0.54	0.38	-0.34	-0.5	0.59	0.23
Retained Earnings	0.45	-0.41	-0.5	0.86	0.45	-0.19		-0.16	-0.16	0.14	-0.9	-0.82	-0.94	0.73	-0.93	-0.53	0.75	0.11	-0.8	-0.96	0.92	0.92	-0.32	0.36
Cash	-0.25	0.0	0.0	0.17	0.1	-0.7	-0.16		1.0	-0.43	0.14	-0.11	0.27	-0.47	0.19	0.02	-0.18	0.38	0.07	0.06	0.04	-0.02	0.15	0.22
Cash And Short Term Investments	-0.25	0.0	0.0	0.17	0.1	-0.7	-0.16	1.0		-0.43	0.14	-0.11	0.27	-0.47	0.19	0.02	-0.18	0.38	0.07	0.06	0.04	-0.02	0.15	0.22
Net Receivables	0.37	0.29	0.44	-0.18	0.01	0.64	0.14	-0.43	-0.43		-0.25	-0.27	-0.21	0.34	0.1	0.44	0.35	0.23	0.16	-0.07	-0.13	-0.17	0.43	0.26
Common Stock Total Equity	-0.29	0.44	0.47	-0.67	-0.31	0.19	-0.9	0.14	0.14	-0.25		0.89	0.98	-0.58	0.83	0.48	-0.62	-0.14	0.75	0.92	-0.73	-0.81	0.3	-0.34
Common Stock Shares Outstanding	-0.42	0.14	0.17	-0.72	-0.25	0.14	-0.82	-0.11	-0.11	-0.27	0.89		0.84	-0.46	0.69	0.17	-0.59	-0.49	0.48	0.78	-0.75	-0.66	-0.06	-0.63
Capital Surpluse	-0.37	0.42	0.49	-0.7	-0.36	0.12	-0.94	0.27	0.27	-0.21	0.98	0.84		-0.7	0.9	0.51	-0.68	-0.08	0.77	0.92	-0.78	-0.85	0.35	-0.32
Other Current Assets	0.81	0.02	-0.13	0.6	0.71	0.14	0.73	-0.47	-0.47	0.34	-0.58	-0.46	-0.7		-0.74	-0.2	0.93	0.02	-0.52	-0.62	0.65	0.62	-0.23	0.25
Other Stockholder Equity	-0.4	0.43	0.6	-0.82	-0.52	0.3	-0.93	0.19	0.19	0.1	0.83	0.69	0.9	-0.74		0.64	-0.72	0.0	0.86	0.91	-0.88	-0.94	0.52	-0.25
Total Liab	0.25	0.93	1.0	-0.51	-0.32	0.67	-0.53	0.02	0.02	0.44	0.48	0.17	0.51	-0.2	0.64		-0.17	0.6	0.88	0.68	-0.51	-0.78	0.92	0.46
Total Current Assets	0.82	0.03	-0.11	0.7	0.83	-0.04	0.75	-0.18	-0.18	0.35	-0.62	-0.59	-0.68	0.93	-0.72	-0.17		0.17	-0.53	-0.66	0.72	0.66	-0.16	0.37
Common Stock	0.26	0.65	0.61	0.1	-0.1	0.21	0.11	0.38	0.38	0.23	-0.14	-0.49	-0.08	0.02	0.0	0.6	0.17		0.28	0.0	0.13	-0.13	0.77	0.96
Property Plant And Equipment Net	-0.02	0.76	0.85	-0.66	-0.5	0.54	-0.8	0.07	0.07	0.16	0.75	0.48	0.77	-0.52	0.86	0.88	-0.53	0.28		0.89	-0.69	-0.93	0.76	0.08
Current Deferred Revenue	-0.27	0.58	0.66	-0.81	-0.46	0.38	-0.96	0.06	0.06	-0.07	0.92	0.78	0.92	-0.62	0.91	0.68	-0.66	0.0	0.89		-0.85	-0.95	0.48	-0.22
Net Invested Capital	0.54	-0.33	-0.48	0.98	0.53	-0.34	0.92	0.04	0.04	-0.13	-0.73	-0.75	-0.78	0.65	-0.88	-0.51	0.72	0.13	-0.69	-0.85		0.9	-0.31	0.34
Net Working Capital	0.27	-0.63	-0.76	0.88	0.56	-0.5	0.92	-0.02	-0.02	-0.17	-0.81	-0.66	-0.85	0.62	-0.94	-0.78	0.66	-0.13	-0.93	-0.95	0.9		-0.62	0.09
Short Long Term Debt Total	0.19	0.82	0.9	-0.33	-0.41	0.59	-0.32	0.15	0.15	0.43	0.3	-0.06	0.35	-0.23	0.52	0.92	-0.16	0.77	0.76	0.48	-0.31	-0.62		0.65
Capital Stock	0.4	0.55	0.48	0.29	0.01	0.23	0.36	0.22	0.22	0.26	-0.34	-0.63	-0.32	0.25	-0.25	0.46	0.37	0.96	0.08	-0.22	0.34	0.09	0.65

Click cells to compare fundamentals

Senmiao Technology Account Relationship Matchups

Senmiao Technology fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	15.6M	22.3M	19.9M	14.2M	9.9M	12.5M
Other Current Liab	6.7M	15.7M	5.2M	4.3M	4.5M	5.6M
Total Current Liabilities	11.1M	16.8M	6.2M	5.2M	5.3M	6.7M
Total Stockholder Equity	2.8M	5.9M	8.1M	4.4M	894.9K	850.2K
Net Tangible Assets	8.1M	2.0M	5.9M	7.1M	6.4M	5.1M
Net Debt	6.2M	4.4M	(78.0K)	(619.1K)	(73.7K)	(77.4K)
Retained Earnings	(23.7M)	(34.1M)	(34.6M)	(37.7M)	(41.4M)	(39.3M)
Accounts Payable	377.1K	44.8K	14.4K	183.6K	150.3K	139.5K
Cash	833.9K	4.4M	1.2M	1.6M	792.3K	752.7K
Non Current Assets Total	9.0M	11.4M	14.3M	9.4M	7.2M	8.0M
Non Currrent Assets Other	1.6M	748.2K	6.7M	4.4M	3.5M	3.5M
Other Assets	1.6M	742.7K	6.7M	(9.3M)	(8.4M)	(7.9M)
Long Term Debt	177.8K	64.2K	45.0K	71.2K	81.9K	56.3K
Cash And Short Term Investments	833.9K	4.4M	1.2M	1.6M	792.3K	752.7K
Net Receivables	3.5M	1.0M	769.1K	310.9K	989.1K	1.1M
Common Stock Shares Outstanding	2.8M	3.9M	5.7M	7.2M	8.9M	4.7M
Liabilities And Stockholders Equity	15.6M	22.3M	19.9M	14.2M	9.9M	12.5M
Non Current Liabilities Total	3.0M	3.0M	1.1M	826.1K	229.9K	218.4K
Capital Surpluse	23.6M	23.8M	27.0M	40.8M	46.9M	25.3M
Capital Lease Obligations	6.7M	8.5M	961.7K	982.2K	492.6K	468.0K
Inventory	1.0M	127.9K	286.5K	6.7K	810.9K	462.7K
Other Current Assets	72.6K	5.4M	1.7M	1.0M	869.8K	826.3K
Other Stockholder Equity	50.7M	40.8M	42.0M	43.1M	43.7M	35.5M
Total Liab	14.2M	19.7M	7.3M	6.0M	5.6M	7.7M
Property Plant And Equipment Gross	6.6M	9.6M	6.6M	4.2M	5.5M	4.0M
Short Long Term Debt	226.8K	1.2M	145.5K	8.8K	154.8K	147.1K
Total Current Assets	6.6M	10.9M	5.6M	4.9M	2.7M	2.5M
Accumulated Other Comprehensive Income	(507.5K)	(838.7K)	(109.5K)	(1.2M)	(1.7M)	(1.6M)
Short Term Debt	4.0M	894.0K	841.0K	485.9K	500.3K	475.3K
Intangible Assets	777.6K	968.1K	959.6K	774.3K	590.7K	938.4K
Common Stock	2.9K	5.0K	630.0	773.0	1.1K	1.7K
Property Plant Equipment	125.9K	6.6M	3.7M	6.6M	7.6M	8.0M
Property Plant And Equipment Net	6.6M	9.6M	6.6M	4.2M	3.1M	4.2M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC