SunCar Technology Group (SDA)

Net assets on the balance sheet as of December 2023 : $67.99 Million USD

According to SunCar Technology Group's latest financial reports the company has $67.99 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

SunCar Technology Group - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$$67.99 M	84.88%
2022-12-31	$$36.77 M	38.97%
2022-06-30	$$55.34 M	-0.36%
2021-12-31	$$26.46 M	-46.51%
2021-06-30	$$55.54 M
2020-12-31	$$49.47 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) - Net assets