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. See how liquid is SunCar Technology Group Inc.'s working capital to evaluate short-term liquidity relative to the company's equity base.
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. See SunCar Technology Group Inc. (SDA) defensive interval to measure how many days the company can operate on defensive assets alone.
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. For the full company profile including market capitalisation, see market value of SunCar Technology Group Inc..
| 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 | — |