SunCar Technology Group (SDA) Quick Ratio

Price: $4.08
Market Cap: $443.16M
Avg Volume: 561.27K
Country: CN
Industry: Auto - Dealerships
Sector: Consumer Cyclical
Beta: 0.029
52W Range: $4-11.74
Website: SunCar Technology Group

SunCar Technology Group Quick Ratio

  • Annual: 1.41
  • Quarterly: 1.29
  • TTM: 1.29

What is the Quick Ratio?

The quick ratio, also known as the acid-test ratio, is a liquidity ratio that measures a company's ability to meet its short-term obligations with its most liquid assets. It excludes inventory from current assets, providing a more stringent measure than the current ratio.

Related Metrics

Other important metrics to assess SunCar Technology Group's financial health include:

  • Current Ratio - measures the company's ability to pay short-term obligations with its short-term assets:
    • Annual: 1.41
    • Quarterly: 1.29
    • TTM: 1.29
  • Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
    • Annual: 0.25
    • Quarterly: 0.13
    • TTM: 0.13

These metrics provide insights into SunCar Technology Group's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual Quick Ratio

1.41

Quarterly Quick Ratio

1.29

TTM Quick Ratio

1.29

SunCar Technology Group Historical Quick Ratio
160.00160.00120.00120.0080.0080.0040.0040.000.000.00Quick RatioJul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024
Historical Current Ratio
1.781.781.191.190.590.590.000.00Current RatioJul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024
Historical Cash Ratio
0.890.890.710.710.530.530.360.360.180.180.000.00Cash RatioJul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024

SunCar Technology Group Historical Ratios

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

Year Quick Ratio Current Ratio Cash Ratio
2023 1.41 1.41 0.25
2022 0.92 0.94 0.14
2021 147.66 0.17 0.17
2021 1.31 1.46 0.68
2020 0.89 0.89 0.89

Related Metrics

Explore detailed financial metrics and analysis for SDA.