SunCar Technology Group (SDA)

Cash on Hand as of December 2023 : $52.45 Million USD

According to SunCar Technology Group's latest financial reports the company has $52.45 Million USD in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

SunCar Technology Group - Cash on Hand chart (from 2021 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$52.45 M	9.86%
2022-12-31	$47.74 M	-25.01%
2022-06-30	$0.11 M	-85.33%
2021-12-31	$63.66 M	-33.42%
2021-06-30	$0.75 M
2020-12-31	$95.62 M

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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SunCar Technology Group (SDA) - Cash on Hand