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Senmiao Technology (Senmiao Technology) Liabilities-to-Assets : 0.52 (As of Dec. 2023)


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What is Senmiao Technology Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Senmiao Technology's Total Liabilities for the quarter that ended in Dec. 2023 was $6.27 Mil. Senmiao Technology's Total Assets for the quarter that ended in Dec. 2023 was $12.14 Mil. Therefore, Senmiao Technology's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.52.


Senmiao Technology Liabilities-to-Assets Historical Data

The historical data trend for Senmiao Technology's Liabilities-to-Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Senmiao Technology Liabilities-to-Assets Chart

Senmiao Technology Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Liabilities-to-Assets
Get a 7-Day Free Trial 0.32 0.91 0.89 0.37 0.42

Senmiao Technology Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.36 0.42 0.46 0.52 0.52

Competitive Comparison of Senmiao Technology's Liabilities-to-Assets

For the Credit Services subindustry, Senmiao Technology's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Senmiao Technology's Liabilities-to-Assets Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Senmiao Technology's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Senmiao Technology's Liabilities-to-Assets falls into.



Senmiao Technology Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Senmiao Technology's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Liabilities-to-Assets (A: Mar. 2023 )=Total Liabilities/Total Assets
=6.011/14.239
=0.42

Senmiao Technology's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=6.269/12.135
=0.52

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Senmiao Technology  (NAS:AIHS) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Senmiao Technology Liabilities-to-Assets Related Terms

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Senmiao Technology (Senmiao Technology) Business Description

Traded in Other Exchanges
N/A
Address
Middle Jiannan Boulevard, 16th Floor, Shihao Square, High-Tech Zone, Sichuan, Chengdu, CHN, 610000
Senmiao Technology Ltd is a holding company. The company's operating segment includes Automobile Transaction and Related Services and Online ride-hailing platform Services. It generates maximum revenue from the Automobile Transaction and Related Services segment. Geographically, it derives revenue from China.
Executives
Xiaoyuan Zhang officer: CFO & Treasurer 16F SHIHAO SQUARE MIDDLE JIANNAN BLVD, HIGH TECH ZONE, CHENGDU, SICHUAN F4 610000
Haitao Liu officer: Chief Operating Officer 16F SHIHAO SQUARE MIDDLE JIANNAN BLVD, HIGH TECH ZONE CHENGDU, SICHUAN F4 610000
Chunhai Li officer: Chief Technology Officer 16F SHIHAO SQUARE MIDDLE JIANNAN BLVD, HIGH TECH ZONE CHENGDU, SICHUAN F4 610000
Trent D Davis director 811 SW NAITO PARKWAY, SUITE 200, PORTLAND OR 97204
Xiaojuan Lin director 16F SHIHAO SQUARE MIDDLE JIANNAN BLVD, HIGH TECH ZONE CHENGDU, SICHUAN F4 610000
Xi Wen director, officer: See Remarks 16F SHIHAO SQUARE MIDDLE JIANNAN BLVD, HIGH TECH ZONE CHENGDU, SICHUAN F4 610000
Jie Gao director 16F, SHIHAO SQUARE, MIDDLE JIANNAN BLVD., HIGH-TECH ZONE, CHENGDU, SICHUAN F4 610000
Sichun Wang director 16F, SHIHAO SQUARE, MIDDLE JIANNAN BLVD., HIGH-TECH ZONE, CHENGDU, SICHUAN F4 610000
Rong Zhu officer: Chief Financial Officer 16F SHIHAO SQUARE MIDDLE JIANNAN BLVD, HIGH TECH ZONE CHENGDU, SICHUAN F4 610000
Yulei Rao director 16F SHIHAO SQUARE MIDDLE JIANNAN BLVD, HIGH TECH ZONE CHENGDU, SICHUAN F4 610000
Xiang Hu director, 10 percent owner 16F SHIHAO SQUARE MIDDLE JIANNAN BLVD, HIGH TECH ZONE CHENGDU, SICHUAN F4 610000
Xi Chen officer: Chief Executive Officer 16F SHIHAO SQUARE MIDDLE JIANNAN BLVD, HIGH TECH ZONE CHENGDU, SICHUAN F4 610000