SunCar Technology Group Balance Sheet Health
Financial Health criteria checks 4/6
SunCar Technology Group has a total shareholder equity of $68.0M and total debt of $83.0M, which brings its debt-to-equity ratio to 122.1%. Its total assets and total liabilities are $223.2M and $155.2M respectively.
Key information
122.1%
Debt to equity ratio
US$83.03m
Debt
Interest coverage ratio | n/a |
Cash | US$52.45m |
Equity | US$67.99m |
Total liabilities | US$155.25m |
Total assets | US$223.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SDA's short term assets ($175.2M) exceed its short term liabilities ($124.4M).
Long Term Liabilities: SDA's short term assets ($175.2M) exceed its long term liabilities ($30.9M).
Debt to Equity History and Analysis
Debt Level: SDA's net debt to equity ratio (45%) 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 1.6 years if free cash flow continues to reduce at historical rates of 30.8% each year.