Suncar Technology Group Inc. balance sheet
At the end of fiscal 2025, Suncar Technology Group Inc. had total assets of $253m, total liabilities of $163m and shareholders' equity of $32.5m. It held $25.0m in cash against $81.8m of debt: net debt of $56.8m.
Balance sheet
| Fiscal year | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|---|---|
| Cash and equivalents | 35 | 21 | 31 | 27 | 25 |
| Receivables | — | 86 | 56 | 76 | 60 |
| Total current assets | — | 145 | 175 | 196 | 183 |
| Total assets | — | 192 | 223 | 247 | 253 |
| Accounts payable | — | — | 27 | 57 | 41 |
| Deferred revenue (current) | — | 4 | 3 | 2 | 6 |
| Total current liabilities | — | 155 | 124 | 157 | 147 |
| Short-term debt | — | 75 | 83 | 84 | 0 |
| Long-term debt | — | — | 30 | — | 1 |
| Total debt | 0 | 75 | 113 | 84 | 82 |
| Total liabilities | — | 155 | 155 | 180 | 163 |
| Shareholders' equity | 26 | −5 | 16 | 12 | 33 |
| Non-controlling interests and other (assets − liabilities − equity) | — | 42 | 52 | 54 | 58 |
| Net debt (negative = net cash) | −35 | 53 | 82 | 57 | 57 |
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