SunCar Technology Group (SDA)

Net assets on the balance sheet as of December 2023 : £51.8 M

According to SunCar Technology Group's latest financial reports the company has £51.8 M 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	$£53.36 M	75.56%
2022-12-31	$£30.39 M	55.46%
2022-06-30	$£45.44 M	12.92%
2021-12-31	$£19.55 M	-46.04%
2021-06-30	$£40.24 M
2020-12-31	$£36.23 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