Second Chance Properties (SGX:528) Cash-to-Debt : 0.20 (As of Feb. 2024)

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What is Second Chance Properties Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Second Chance Properties's cash to debt ratio for the quarter that ended in Feb. 2024 was 0.20.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Second Chance Properties couldn't pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

The historical rank and industry rank for Second Chance Properties's Cash-to-Debt or its related term are showing as below:

SGX:528' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.54 Max: 1.81
Current: 0.2

During the past 13 years, Second Chance Properties's highest Cash to Debt Ratio was 1.81. The lowest was 0.01. And the median was 0.54.

SGX:528's Cash-to-Debt is ranked worse than
69.44% of 1106 companies
in the Retail - Cyclical industry
Industry Median: 0.46 vs SGX:528: 0.20

Second Chance Properties Cash-to-Debt Historical Data

The historical data trend for Second Chance Properties's Cash-to-Debt 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Second Chance Properties Cash-to-Debt Chart

Second Chance Properties Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Cash-to-Debt

Get a 7-Day Free Trial

1.66

0.85

0.01

0.21

Second Chance Properties Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Cash-to-Debt	Get a 7-Day Free Trial															0.01	0.01	0.21	0.21	0.20

Competitive Comparison of Second Chance Properties's Cash-to-Debt

For the Luxury Goods subindustry, Second Chance Properties's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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.

Second Chance Properties's Cash-to-Debt Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Second Chance Properties's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Second Chance Properties's Cash-to-Debt falls into.

Second Chance Properties Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Second Chance Properties's Cash to Debt Ratio for the fiscal year that ended in Aug. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	18.915	/	(91.531	+	0)
	=	0.21

Second Chance Properties's Cash to Debt Ratio for the quarter that ended in Feb. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	15.324	/	(74.816	+	0.842)
	=	0.20

Second Chance Properties (SGX:528) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Second Chance Properties Cash-to-Debt Related Terms

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Second Chance Properties (SGX:528) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Second Chance Properties Ltd (SGX:528) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

60 Paya Lebar Road, No. 07-20 Paya Lebar Square, Singapore, SGP, 409051

Website

http://www.secondchance.com.sg

Second Chance Properties Ltd is a Singapore-based investment holding company, retailing of readymade garments, holding of property as investment for rental income and investing in securities. The company operates in four segments: Wearing apparel; Gold & jewelry, which is the key revenue generator; Investment dealing; and Property rental. Its geographical segments include Singapore and Malaysia, of which the vast majority of the revenue comes from Singapore.

Second Chance Properties (SGX:528) Headlines

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