SunCar Technology Group Inc. (SDA) — Tangible Net Worth Ratio
SunCar Technology Group Inc. (SDA) has a Tangible Net Worth Ratio of 99.6% as of March 2026. This metric is calculated by deducting intangible assets ($408.00K) from net assets ($90.68 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore SDA shareholders equity momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
SunCar Technology Group Inc. Tangible Net Worth Ratio (2020–2025)
This chart shows how SunCar Technology Group Inc.'s Tangible Net Worth Ratio has changed across 6 annual periods from 2020 to 2025. As of March 2026, the ratio stands at 99.6%, reflecting net assets of $90.68 Million with intangible assets of $408.00K USD. For live market cap and overall valuation, see SunCar Technology Group Inc. market capitalisation.
Annual Tangible Net Worth Ratio for SunCar Technology Group Inc. (2020–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for SunCar Technology Group Inc. from 2020 to 2025, covering 6 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore how much does SunCar Technology Group Inc. reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 99.6% | $90.68 Million | $408.00K | $253.20 Million | ▲ +16.8 pp |
| 2024 | 82.7% | $66.23 Million | $11.46 Million | $246.73 Million | ▲ +0.4 pp |
| 2023 | 82.3% | $67.99 Million | $12.01 Million | $223.24 Million | ▲ +19.4 pp |
| 2022 | 62.9% | $36.78 Million | $13.63 Million | $191.97 Million | ▲ +5.4 pp |
| 2021 | 57.5% | $55.35 Million | $23.53 Million | $58.87 Million | ▼ -15.6 pp |
| 2020 | 73.1% | $55.55 Million | $14.95 Million | $58.39 Million | — |