SunCar Historical Balance Sheet
| SDA Stock | 4.18 0.19 4.35% |
Trend analysis of SunCar Technology Group balance sheet accounts such as Net Debt of 64.5 M, Accounts Payable of 21.9 M, Cash of 28.4 M or Cash And Short Term Investments of 43.1 M provides information on SunCar Technology's total assets, liabilities, and equity, which is the actual value of SunCar Technology to its prevalent stockholders. By breaking down trends over time using SunCar Technology balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining SunCar Technology latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether SunCar Technology is a good buy for the upcoming year.
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About SunCar Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of SunCar Technology at a specified time, usually calculated after every quarter, six months, or one year. SunCar Technology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of SunCar Technology and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which SunCar currently owns. An asset can also be divided into two categories, current and non-current.
SunCar Technology Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of SunCar Technology assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in SunCar Technology books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on SunCar Technology balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of SunCar Technology Group are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Accounts Payable
An accounting item on the balance sheet that represents SunCar Technology obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of SunCar Technology are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most accounts from SunCar Technology's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into SunCar Technology current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SunCar Technology Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. At present, SunCar Technology's Net Debt is projected to increase significantly based on the last few years of reporting. The current year's Current Deferred Revenue is expected to grow to about 3.7 M, whereas Total Assets are forecasted to decline to about 150.8 M.
| 2022 | 2023 | 2024 | 2025 (projected) | Other Current Liabilities | 52.5M | 8.8M | 7.9M | 7.5M | Total Assets | 192.0M | 223.2M | 256.7M | 150.8M |
SunCar Technology balance sheet Correlations
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SunCar Technology Account Relationship Matchups
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SunCar Technology balance sheet Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Total Assets | 211.1M | 58.9M | 192.0M | 223.2M | 256.7M | 150.8M | |
| Other Current Liab | 109.7M | 90.0K | 52.5M | 8.8M | 7.9M | 7.5M | |
| Total Current Liabilities | 113.1M | 665.0K | 155.2M | 124.4M | 143.1M | 86.6M | |
| Total Stockholder Equity | 3.0M | 55.3M | (5.3M) | 16.1M | 18.5M | 15.2M | |
| Net Debt | (16.0M) | 464.4K | 53.8M | 53.4M | 61.4M | 64.5M | |
| Retained Earnings | (69.2M) | (6.2M) | (99.6M) | (126.7M) | (114.1M) | (108.3M) | |
| Accounts Payable | 17.3M | 31.5M | 24.2M | 26.6M | 30.6M | 21.9M | |
| Cash | 76.9M | 110.6K | 21.2M | 30.9M | 35.5M | 28.4M | |
| Cash And Short Term Investments | 95.6M | 110.6K | 47.7M | 52.5M | 60.3M | 43.1M | |
| Liabilities And Stockholders Equity | 211.1M | 58.9M | 192.0M | 223.2M | 256.7M | 150.8M | |
| Total Liab | 161.7M | 3.5M | 155.2M | 155.2M | 178.5M | 104.7M | |
| Total Current Assets | 165.3M | 110.6K | 145.4M | 175.2M | 201.5M | 106.9M |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SunCar Technology Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Diversified Consumer Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SunCar Technology. If investors know SunCar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SunCar Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.88) | Revenue Per Share | Quarterly Revenue Growth 0.204 | Return On Assets | Return On Equity |
The market value of SunCar Technology is measured differently than its book value, which is the value of SunCar that is recorded on the company's balance sheet. Investors also form their own opinion of SunCar Technology's value that differs from its market value or its book value, called intrinsic value, which is SunCar Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SunCar Technology's market value can be influenced by many factors that don't directly affect SunCar Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SunCar Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if SunCar Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SunCar Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.