SBC Medical Group Holdings Incorporated balance sheet SBC

As of Jun 30, 2026, SBC Medical Group Holdings Incorporated had total assets of $406.7 million and total liabilities of $126.7 million. Total assets were up 29.0% from a year earlier. Stockholders' equity was $263.8 million. It held $185.9 million in cash and investments against $48.2 million of total debt, net cash of $137.7 million. The current ratio, current assets divided by current liabilities, was 3.31.

USD in millions, except ratios and per-share amounts. The percent under a figure is the change from the year before.

Line
FY 2026
Jun 30, 2026
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
Assets
Cash
184
+20.7%
164
+31.0%
125
—
0
Short-term investments
0
0
—
—
—
Long-term investments
1
—
3
—
—
Cash and investments
186
+21.7%
164
+28.1%
128
—
0
Inventory
3
+74.7%
3
+86.8%
1
—
—
Total current assets
259
+7.5%
231
+25.4%
184
+11.2%
166
+22872.6%
1
Property and equipment, net
7
-8.0%
8
-14.1%
9
—
—
Goodwill
15
+202.9%
15
+234.5%
5
—
—
Total assets
407
+29.0%
380
+43.0%
266
+2.8%
259
+115.8%
120
Liabilities and equity
Accounts payable
—
—
—
0
-44.7%
0
Total current liabilities
78
+29.3%
61
-0.1%
61
-33.8%
92
+16233.8%
1
Total liabilities
127
+79.4%
117
+64.8%
71
-38.2%
115
+2404.8%
5
Stockholders' equity
264
+7.9%
248
+27.3%
195
+37.2%
142
+4332.6%
-3
Debt
Long-term debt
38
+431.7%
43
+549.0%
7
—
—
Lease liabilities
10
+103.1%
9
+57.7%
6
—
—
Total debt
48
+293.4%
52
+323.9%
12
—
—
Net cash
138
-2.0%
112
-3.0%
116
—
—
Ratios
Current ratio
3.31x
3.78x
3.01x
1.79x
1.28x
Debt to equity
0.18x
0.21x
0.06x
—
—
Debt to EBITDA
0.70x
0.74x
0.16x
—
—
Return on equity
18.58%
20.54%
23.89%
27.69%
—
Return on assets
12.06%
13.40%
17.52%
15.21%
—
Book value per share
2.57
2.42
1.90
—
—
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except ratios and per-share amounts. Cash and investments adds short-term and long-term marketable securities to cash. Debt due within a year is the borrowings that are not already in long-term debt. Total debt is those borrowings plus lease liabilities. Net cash is cash and investments minus total debt. Return on equity and return on assets divide the trailing twelve months of net income by the balance on that date. Debt to EBITDA uses the trailing twelve months of EBITDA. The first column is the latest balance sheet when it is newer than the latest fiscal year. More on our methodology.

Company profile

Industry
Services-Offices & Clinics of Doctors of Medicine (SIC 8011)
Listed as
SBC (Nasdaq), SBCWW (Nasdaq)
Fiscal year ends
December 31
Incorporated in
DE
Headquarters
Irvine, CA
SEC filer status
Non-accelerated filer, Smaller reporting company, Emerging growth company
SEC CIK
1930313
Former names
Pono Capital Two, Inc. (until Aug 29, 2024)

Other Services-Offices & Clinics of Doctors of Medicine companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.