| 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 Current Deferred Revenue and its Cash 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.
Current Deferred Revenue vs Cash
Current Deferred Revenue vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Senmiao Technology Current Deferred Revenue account and
Cash. At this time, the significance of the direction appears to have no relationship.
The correlation between Senmiao Technology's Current Deferred Revenue and Cash is 0.06. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Cash 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 Current Deferred Revenue and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Senmiao Technology are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Current Deferred Revenue i.e., Senmiao Technology's Current Deferred Revenue and Cash go up and down completely randomly.
Correlation Coefficient | 0.06 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Cash
Cash refers to the most liquid asset of Senmiao Technology, which is listed under current asset account on Senmiao Technology balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Senmiao Technology customers. The amounts must be unrestricted with restricted cash listed in a different Senmiao 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.
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.
Senmiao Technology fundamental ratios Correlations
Click cells to compare fundamentals
Senmiao Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Senmiao Technology fundamental ratios Accounts
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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.