SunCar Technology Group (SDA) Debt to Equity Ratio

Price: $4.15
Market Cap: $450.76M
Avg Volume: 556.53K
Country: CN
Industry: Auto - Dealerships
Sector: Consumer Cyclical
Beta: 0.029
52W Range: $3.815-11.74
Website: SunCar Technology Group

Debt to Equity Ratio

SunCar Technology Group's debt to equity ratio indicates the proportion of equity and debt the company uses to finance its assets:

  • Annual: 5.24
  • Quarterly: 4.75
  • TTM: 4.75

Other Key Debt Metrics

These metrics provide additional insights into SunCar Technology Group's financial leverage and its ability to meet financial obligations:

  • Debt Ratio - indicates the proportion of a company's assets that are financed through debt:
    • Annual: 37.75%
    • Quarterly: 33.37%
    • TTM: 33.37%
  • Debt to Assets Ratio - shows the proportion of a company's assets that are financed by debt:
    • Annual: 37.75%
    • Quarterly: 33.37%
    • TTM: 33.37%

These financial metrics offer a comprehensive view of SunCar Technology Group's debt structure and financial health. By comparing these ratios with industry benchmarks, investors can better understand the company's leverage and risk profile.

Annual Debt to Equity Ratio

5.24

Quarterly Debt to Equity Ratio

4.75

TTM Debt to Equity Ratio

4.75

SunCar Technology Group Historical Debt to Equity Ratio
27.0027.0018.0018.009.009.000.000.00-9.00-9.00-18.00-18.00Debt to Equity RatioJul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024
Historical Debt Ratio
39.05%39.05%31.24%31.24%23.43%23.43%15.62%15.62%7.81%7.81%0.00%0.00%Debt RatioJul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024
Historical Debt to Assets Ratio
39.05%39.05%31.24%31.24%23.43%23.43%15.62%15.62%7.81%7.81%0.00%0.00%Debt to Assets RatioJul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024

SunCar Technology Group Historical Debt to Equity Ratio

The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2023.

Year Debt to Equity Ratio Debt Ratio Debt to Assets Ratio
2023 5.24 37.75% 37.75%
2022 -14.19 39.05% 39.05%
2021 0.01 0.98% 0.98%
2021 20.43 28.83% 28.83%
2020 0.00 0.00% 0.00%

Related Metrics

Explore detailed financial metrics and analysis for SDA.