The firm's financial position is increasingly precarious, with accumulated deficits reaching $47.6 million and total assets contracting to $9.9 million from a 2021 peak of $17.4 million.
| Total Current Assets | 614.28K | 2.34M | 11.69M | 14.34M | 17.2M | 2.51M | 936.09K | 607.09K |
| Cash & Short-Term Investments | - | - | - | - | - | - | - | - |
| Cash Only | - | - | - | - | - | - | - | - |
| Short-Term Investments | - | - | - | - | - | - | - | - |
| Accounts Receivable | - | - | - | - | - | - | - | - |
| Days Sales Outstanding | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - |
| Other Current Assets | 0 | 19.96K | 52.76K | -25.62K | -34.9K | 785.46K | -28.89K | 22.65K |
| Total Non-Current Assets | 9.27M | 9.34M | 1.22M | 317.45K | 164.55K | 273.44K | 895.98K | 1.58M |
| Property, Plant & Equipment | 112.59K | 199.47K | 137.41K | 215.29K | 120.28K | 123.67K | 128.84K | 144.87K |
| Fixed Asset Turnover | 0.61x | 0.54x | 1.07x | 0.75x | 18.81x | 29.07x | 30.78x | 44.11x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 40.38K | 51.96K | 66.86K | 89.47K | 30.55K | 61.8K | 98.02K | 142.25K |
| Long-Term Investments | 9.07M | 9.07M | 1M | -55.96K | -65.17K | -777.88K | -9.39K | -1.29M |
| Other Non-Current Assets | - | - | - | - | - | - | - | - |
| Total Assets | 9.88M | 11.68M | 12.91M | 14.66M | 17.37M | 2.78M | 1.83M | 2.19M |
| Asset Turnover | 0.01x | 0.01x | 0.01x | 0.01x | 0.13x | 1.29x | 2.16x | 2.92x |
| Asset Growth % | -15.42% | -9.52% | -11.94% | -15.59% | 523.67% | 51.99% | -16.2% | - |
| Total Current Liabilities | 65.59K | 314.56K | 335.01K | 404.78K | 382.73K | 495.49K | 1.4M | 5.05M |
| Accounts Payable | 6.08K | 5.82K | 5.99K | 8.65K | 2.74K | 4.91K | 4.61K | 2.54K |
| Days Payables Outstanding | - | - | - | - | - | - | - | - |
| Short-Term Debt | 0 | 83.76K | 72.23K | 87.13K | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | - | - | - | - | - | - | - | - |
| Other Current Liabilities | -232.37K | -83.76K | -72.23K | -87.13K | 0 | 0 | 0 | 0 |
| Current Ratio | 9.36x | 7.45x | 34.90x | 35.43x | 44.95x | 5.07x | 0.67x | 0.12x |
| Quick Ratio | 9.36x | 7.45x | 34.90x | 35.43x | 44.95x | 5.07x | 0.67x | 0.12x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 1.93M | 1.14M | 344.24K | 79.09K | 161.02K | 1.44M | 1.21M | 929.13K |
| Long-Term Debt | 1.7M | 1.08M | 0 | 4.71K | 161.02K | 1.44M | 1.21M | 929.13K |
| Capital Lease Obligations | - | - | - | - | - | - | - | - |
| Deferred Tax Liabilities | - | - | - | - | - | - | - | - |
| Other Non-Current Liabilities | - | - | - | - | - | - | - | - |
| Total Liabilities | 2M | 1.45M | 679.25K | 483.87K | 543.75K | 1.93M | 2.6M | 5.98M |
| Total Debt | 1.76M | 146.6K | 416.46K | 166.22K | 161.02K | 1.44M | 1.21M | 929.13K |
| Net Debt | 1.26M | -1.11M | -2.19M | -3.64M | -10.59M | 1.32M | 982.3K | 786.41K |
| Debt / Equity | 0.22x | 0.01x | 0.03x | 0.01x | 0.01x | 1.69x | - | - |
| Debt / EBITDA | - | - | - | - | - | 0.64x | 0.48x | 0.53x |
| Net Debt / EBITDA | - | - | - | - | - | 0.59x | 0.39x | 0.45x |
| Interest Coverage | - | - | - | - | - | 6159.41x | - | - |
| Total Equity | 7.88M | 10.23M | 12.23M | 14.17M | 16.82M | 851.44K | -772.93K | -3.79M |
| Equity Growth % | -22.92% | -16.38% | -13.72% | -15.74% | 1875.82% | 210.16% | 79.6% | - |
| Book Value per Share | 2.81 | 3.65 | 5.15 | 5.96 | 6.01 | 0.28 | -0.26 | -1.35 |
| Total Shareholders' Equity | 7.88M | 10.23M | 12.23M | 14.17M | 16.82M | 851.44K | -772.93K | -3.79M |
| Common Stock | 14.03K | 14.03K | 14.03K | 14.03K | 14K | 10K | 10K | 10K |
| Retained Earnings | -47.65M | -45.37M | -43.36M | -41.46M | -38.9M | -37.64M | -39.23M | -41.06M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 187.36K | 253.3K | 251.86K | 293.65K | 379.73K | 60.99K | 24K | -9.57K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Imminent Liquidity Exhaustion
As reported in recent financial filings, Sentage Holdings has seen its total assets decline from $17.4 million in 2021 to $9.9 million by 2025Q4, signaling a persistent contraction that reflects the company's inability to sustain its historical scale within the competitive Chinese credit services market.
The consistent reduction in total assets suggests that the company is liquidating or failing to replace its operational footprint as revenue streams evaporate. This downward trajectory indicates that the business model is no longer generating the internal capital necessary to maintain its asset base, pointing toward a potential long-term decline in enterprise value.
Based on the most recent quarterly data, Sentage Holdings' cash reserves have plummeted to $503,374, a significant reduction from the $10.8 million held in 2021, which leaves the company with a dangerously thin buffer against ongoing operational losses and potential regulatory or legal contingencies.
While the current ratio remains elevated at 9.36, this metric is likely distorted by the lack of meaningful current liabilities rather than true liquidity strength. Investors should monitor the burn rate closely, as the current cash position appears insufficient to support sustained operations without an immediate capital injection or radical restructuring.
According to the company's balance sheet, retained earnings have deepened to a deficit of $47.6 million, a trend that underscores the persistent value destruction experienced by shareholders since the company's public listing and highlights the lack of profitable growth drivers within the current organizational structure.
The erosion of equity, which has fallen from $16.8 million in 2021 to $7.9 million, reflects the cumulative impact of sustained operating losses. This trend suggests that the company's capital base is being consumed to fund ongoing overhead, leaving little room for strategic pivots or investment in new revenue-generating initiatives.
Financial statements indicate that Sentage Holdings' debt-to-equity ratio of 0.22 may be misleading, as the company's inability to generate revenue suggests that its limited leverage is a function of restricted access to credit markets rather than a deliberate, conservative capital allocation strategy by management.
The presence of $1.8 million in debt against a backdrop of minimal revenue and negative margins warrants further investigation into the company's debt covenants and repayment obligations. The risk remains that the company is effectively a shell entity, where the balance sheet no longer reflects an active, viable business operation.
Quick answers to the most common questions about buying SNTG stock.
As of 2025, Sentage Holdings Inc. (SNTG) had total assets of $9.9M including $0.6M in current assets.
Sentage Holdings Inc. (SNTG) carries total debt of $1.8M. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Sentage Holdings Inc. (SNTG) has total shareholders' equity (book value) of $7.9M ($2.81 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Sentage Holdings Inc. (SNTG) reported a current ratio of 9.36x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.