South Shore Holdings (South Shore Holdings) Cash-to-Debt : 0.12 (As of Sep. 2020)

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What is South Shore Holdings 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. South Shore Holdings's cash to debt ratio for the quarter that ended in Sep. 2020 was 0.12.

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, South Shore Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2020.

The historical rank and industry rank for South Shore Holdings's Cash-to-Debt or its related term are showing as below:

LOUIF's Cash-to-Debt is not ranked ^*
in the Construction industry.
Industry Median: 0.63
* Ranked among companies with meaningful Cash-to-Debt only.

South Shore Holdings Cash-to-Debt Historical Data

The historical data trend for South Shore Holdings'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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South Shore Holdings Cash-to-Debt Chart

South Shore Holdings Annual Data

Trend

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Cash-to-Debt

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0.14

0.08

0.24

0.06

0.07

South Shore Holdings Semi-Annual Data
	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20
Cash-to-Debt	Get a 7-Day Free Trial															0.07	0.06	0.08	0.07	0.12

Competitive Comparison of South Shore Holdings's Cash-to-Debt

For the Engineering & Construction subindustry, South Shore Holdings'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.

South Shore Holdings's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, South Shore Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where South Shore Holdings's Cash-to-Debt falls into.

South Shore Holdings 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.

South Shore Holdings's Cash to Debt Ratio for the fiscal year that ended in Mar. 2020 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)
	=	55.83	/	(578.632	+	198.504)
	=	0.07

South Shore Holdings's Cash to Debt Ratio for the quarter that ended in Sep. 2020 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)
	=	102.895	/	(612.648	+	220.795)
	=	0.12

South Shore Holdings (OTCPK:LOUIF) 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.

South Shore Holdings Cash-to-Debt Related Terms

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South Shore Holdings (South Shore Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » South Shore Holdings Ltd (OTCPK:LOUIF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

250 Hennessy Road, 33rd Floor, 250 Hennessy, Wanchai, Hong Kong, HKG

Website

http://www.southshore-holdings.com

South Shore Holdings Ltd is an investment holding company. The company's operating segment include Management contracting; Property development management; Property investment and Hotel operation. It generates maximum revenue from the Management contracting segment. Management contracting segment is engaged in the building construction and civil engineering. Geographically, it derives a majority of revenue from Hong Kong and also has a presence in Macau, PRC and Singapore and Malaysia.

South Shore Holdings (South Shore Holdings) Headlines

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