SunCar Technology Group Balance Sheet Health
Financial Health criteria checks 4/6
SunCar Technology Group has a total shareholder equity of $69.4M and total debt of $81.3M, which brings its debt-to-equity ratio to 117.1%. Its total assets and total liabilities are $243.9M and $174.5M respectively.
Key information
117.1%
Debt to equity ratio
US$81.32m
Debt
| Interest coverage ratio | n/a |
| Cash | US$41.80m |
| Equity | US$69.44m |
| Total liabilities | US$174.50m |
| Total assets | US$243.94m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SDA's short term assets ($190.8M) exceed its short term liabilities ($144.7M).
Long Term Liabilities: SDA's short term assets ($190.8M) exceed its long term liabilities ($29.8M).
Debt to Equity History and Analysis
Debt Level: SDA's net debt to equity ratio (56.9%) is considered high.
Reducing Debt: Insufficient data to determine if SDA's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: SDA has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: SDA has sufficient cash runway for 2.2 years if free cash flow continues to reduce at historical rates of 16% each year.