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.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 06:47 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
SunCar Technology Group Inc. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Thomas Kerr | Zacks Small-Cap Research |