SDA (SunCar Technology Group) Debt-to-Equity : 2.44 (As of Mar. 2025)

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What is SunCar Technology Group Debt-to-Equity?

SunCar Technology Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was $84.8 Mil. SunCar Technology Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was $0.0 Mil. SunCar Technology Group's Total Stockholders Equity for the quarter that ended in Mar. 2025 was $34.8 Mil. SunCar Technology Group's debt to equity for the quarter that ended in Mar. 2025 was 2.44.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for SunCar Technology Group's Debt-to-Equity or its related term are showing as below:

SDA' s Debt-to-Equity Range Over the Past 10 Years
Min: -14.19 Med: 5.25 Max: 34.52
Current: 2.44

During the past 5 years, the highest Debt-to-Equity Ratio of SunCar Technology Group was 34.52. The lowest was -14.19. And the median was 5.25.

SDA's Debt-to-Equity is ranked worse than
94.25% of 1200 companies
in the Vehicles & Parts industry
Industry Median: 0.46 vs SDA: 2.44

SunCar Technology Group Debt-to-Equity Historical Data

The historical data trend for SunCar Technology Group's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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SunCar Technology Group Debt-to-Equity Chart

SunCar Technology Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

20.44

-3.22

-14.19

5.24

7.08

SunCar Technology Group Quarterly Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Debt-to-Equity	Get a 7-Day Free Trial							N/A	5.27	4.75	7.08	2.44

Competitive Comparison of SunCar Technology Group's Debt-to-Equity

For the Auto & Truck Dealerships subindustry, SunCar Technology Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

SunCar Technology Group's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, SunCar Technology Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where SunCar Technology Group's Debt-to-Equity falls into.

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SunCar Technology Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SunCar Technology Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(84.141	+	0.021)	/	11.892
	=	7.08

SunCar Technology Group's Debt to Equity Ratio for the quarter that ended in Mar. 2025 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(84.79	+	0.017)	/	34.816
	=	2.44

SunCar Technology Group (NAS:SDA) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

SunCar Technology Group Debt-to-Equity Related Terms

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SunCar Technology Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » SunCar Technology Group Inc (NAS:SDA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 656 Lingshi Road, Suncar Auto Building, Jing’an District, Shanghai, CHN, 200072

Website

https://www.suncartech.com

SunCar Technology Group Inc operates digital automotive aftersales market service platform and vehicle insurance technology platform. It develops and operates online platforms that connect drivers in China with a range of aftermarket automotive services and insurance coverage options from a nationwide network of service providers. These comprehensive digital systems are built on SunCar's multi-tenant, cloud-based platform.