| AIHS Stock | | | USD 0.88 0.03 3.30% |
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 Capital Expenditures and its Free Cash Flow 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.
Capital Expenditures vs Free Cash Flow
Capital Expenditures vs Free Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Senmiao Technology Capital Expenditures account and
Free Cash Flow. At this time, the significance of the direction appears to have pay attention.
The correlation between Senmiao Technology's Capital Expenditures and Free Cash Flow is -0.82. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Free Cash Flow 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 Capital Expenditures and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Senmiao Technology are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Capital Expenditures i.e., Senmiao Technology's Capital Expenditures and Free Cash Flow go up and down completely randomly.
Correlation Coefficient | -0.82 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Capital Expenditures
Capital Expenditures are funds used by Senmiao Technology to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Senmiao Technology operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
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.