Senmiao Technology annual debt-to-equity ratio
2019
2020
2021
2022
2023
2024
Senmiao Technology Debt-to-Equity Ratio Growth & History (VAI)
Senmiao Technology's debt-to-equity ratio was 0.55 for fiscal 2024.
View full Senmiao Technology company overviewSenmiao Technology annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-03-31 | 0.55 | 0.33 | +146.26% |
| 2023 | 2023-03-31 | 0.22 | 0.09 | +63.37% |
| 2022 | 2022-03-31 | 0.14 | −1.31 | −90.56% |
| 2021 | 2021-03-31 | 1.45 | −0.97 | −40.16% |
| 2020 | 2020-03-31 | 2.42 | 2.36 | +3965.80% |
| 2019 | 2019-03-31 | 0.06 | — | — |
Senmiao Technology quarterly debt-to-equity ratio
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q1 2025 | 2024-06-30 | 2.99 | 2.66 | +792.45% |
| Q4 2024 | 2024-03-31 | 0.55 | 0.33 | +146.26% |
| Q3 2024 | 2023-12-31 | 0.46 | 0.26 | +134.62% |
| Q2 2024 | 2023-09-30 | 0.42 | 0.29 | +231.25% |
| Q1 2024 | 2023-06-30 | 0.34 | 0.21 | +169.81% |
| Q4 2023 | 2023-03-31 | 0.22 | 0.09 | +63.37% |
| Q3 2023 | 2022-12-31 | 0.19 | −3.36 | −94.52% |
| Q2 2023 | 2022-09-30 | 0.13 | −3.00 | −95.97% |
| Q1 2023 | 2022-06-30 | 0.12 | −4.20 | −97.12% |
| Q4 2022 | 2022-03-31 | 0.14 | −1.31 | −90.56% |
| Q3 2022 | 2021-12-31 | 3.56 | 0.78 | +28.29% |
| Q2 2022 | 2021-09-30 | 3.13 | 1.39 | +80.11% |
| Q1 2022 | 2021-06-30 | 4.32 | −5.42 | −55.66% |
| Q4 2021 | 2021-03-31 | 1.45 | −0.97 | −40.16% |
| Q3 2021 | 2020-12-31 | 2.77 | 2.65 | +2215.13% |
| Q2 2021 | 2020-09-30 | 1.74 | 1.67 | +2488.88% |
| Q1 2021 | 2020-06-30 | 9.74 | 9.71 | +26427.41% |
| Q4 2020 | 2020-03-31 | 2.42 | 2.36 | +3965.80% |
| Q3 2020 | 2019-12-31 | 0.12 | — | — |
| Q2 2020 | 2019-09-30 | 0.07 | — | — |
| Q1 2020 | 2019-06-30 | 0.04 | — | — |
| Q4 2019 | 2019-03-31 | 0.06 | — | — |
Senmiao Technology debt-to-equity ratio trends
Over the last five fiscal years, Senmiao Technology's debt-to-equity ratio increased from 0.06 to 0.55, a change of 0.49. The latest reported quarter, Q1 2025, shows 2.99.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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