Singapore Shipping (SGX:S19) Cash-to-Debt: 5.18 (As of Mar. 2026) — 384% Above Median


SGX:S19 Singapore Shipping Corp Ltd SGX:S19
66 GF Score
Price S$0.31
GF Value S$0.26
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Singapore Shipping Cash-to-Debt?

Singapore Shipping SGX:S19 66 Cash-to-Debt is 5.18 as of Mar. 2026, which is 384% above its 10-year median of 1.07. GuruFocus rates SGX:S19 with a GF Score™ of 66/100 and a GF Value™ of S$0.26 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,000 Transportation companies, Singapore Shipping ranks better than 86.9% on this metric.

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. Singapore Shipping's cash to debt ratio for the quarter that ended in Mar. 2026 was 5.18.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Singapore Shipping could pay off its debt using the cash in hand for the quarter that ended in Mar. 2026.

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

SGX:S19' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.15   Med: 1.07   Max: 5.18
Current: 5.18

During the past 13 years, Singapore Shipping's highest Cash to Debt Ratio was 5.18. The lowest was 0.15. And the median was 1.07.

SGX:S19's Cash-to-Debt is ranked better than
86.9% of 1000 companies
in the Transportation industry
Industry Median: 0.47 vs SGX:S19: 5.18

Singapore Shipping  (SGX:S19) 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.


Singapore Shipping Cash-to-Debt Related Terms


Singapore Shipping Cash-to-Debt Historical Data

* Premium members only.

The historical data trend for Singapore Shipping'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.

Singapore Shipping Cash-to-Debt Chart

Singapore Shipping Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.26 1.76 2.34 3.23 5.18

Singapore Shipping Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.34 2.76 3.23 4.07 5.18

Singapore Shipping Cash-to-Debt Competitor Comparison

For the Marine Shipping subindustry, Singapore Shipping'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.


Singapore Shipping Cash-to-Debt vs Transportation Industry

For the Transportation industry and Industrials sector, Singapore Shipping's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Singapore Shipping's Cash-to-Debt falls into.


SGX:S19
66GF Score
Singapore Shipping Corp Ltd SGX:S19
Cash-to-Debt is just one metric. See GF Score™, valuation, warning signs, and more.
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Singapore Shipping 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.

Singapore Shipping's Cash to Debt Ratio for the fiscal year that ended in Mar. 2026 is calculated as:

Singapore Shipping's Cash to Debt Ratio for the quarter that ended in Mar. 2026 is calculated as:

* 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.

Frequently Asked Questions Learn more about Cash-to-Debt →
What does a Cash-to-Debt of 5.18 mean?
Singapore Shipping (SGX:S19) has a Cash-to-Debt of 5.18 as of Mar. 2026. This is 384% above median its historical median of 1.07. Over the past decade, Singapore Shipping's Cash-to-Debt has ranged from 0.15 to 5.18. According to the industry distribution chart, Singapore Shipping ranks #131 out of 1000 companies in the Transportation industry, placing it in the top 13.1%.
Is Singapore Shipping's Cash-to-Debt too high?
Singapore Shipping's current Cash-to-Debt of 5.18 is 384% above median its 10-year median of 1.07. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 5.18. The Transportation industry median Cash-to-Debt is 0.47. Singapore Shipping's value of 5.18 is 1002.1% above this industry median. Based on the distribution chart, Singapore Shipping ranks #131 out of 1000 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Singapore Shipping has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Singapore Shipping's Cash-to-Debt compare to competitors?
According to the Transportation industry distribution chart, Singapore Shipping ranks #131 out of 1000 companies for Cash-to-Debt. This places Singapore Shipping in the top 13% of its industry — outperforming the majority of peers. The industry median Cash-to-Debt is 0.47. Singapore Shipping's value of 5.18 is 1002.1% above this benchmark. Historically, Singapore Shipping's own Cash-to-Debt has ranged from 0.15 to 5.18 over the past decade. While the company's 10-year median is 1.07 vs. the industry median of 0.47, Singapore Shipping has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for a Transportation company?
The median Cash-to-Debt among Transportation companies is 0.47, based on 1,000 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Singapore Shipping's current Cash-to-Debt of 5.18 is 1002.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Transportation industry, the median Cash-to-Debt is 0.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Singapore Shipping's current Cash-to-Debt is 5.18, which is 384% above median its own 10-year median of 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Singapore Shipping stock overvalued right now?
Based on GuruFocus' analysis, Singapore Shipping (SGX:S19) is currently considered Modestly Overvalued. The stock's GF Value™ is S$0.26, compared to a current price of S$0.31 — trading 17.3% above its estimated fair value. The current Cash-to-Debt is 5.18, which is 384% above median its 10-year median of 1.07 and 1002.1% above the Transportation industry median of 0.47. Singapore Shipping's overall GF Score™ is 66/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Singapore Shipping (SGX:S19), the current Cash-to-Debt is 5.18 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Singapore Shipping (SGX:S19) Overvalued in 2026?

Based on GuruFocus' analysis, Singapore Shipping stock appears to be overvalued. The current stock price of S$0.31 is trading 17.3% above its estimated GF Value™ of S$0.26. GuruFocus considers Singapore Shipping to be Modestly Overvalued.

Key valuation signals for SGX:S19:

  • Cash-to-Debt: 5.18 (384% above median its 10-year median of 1.07)
  • GF Value™: S$0.26 vs. price of S$0.31 (17.3% above fair value)
  • GF Score™: 66/100 with 8 warning signs
  • Industry Position: 1002.1% above the Transportation median (#131 of 1000)

No single metric tells the full story. See the SGX:S19 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Singapore Shipping Business Description

Other Exchanges W1M:Germany
Address 200 Cantonment Road, No. 09-01 Southpoint, Singapore, SGP, 089763
Singapore Shipping Corp Ltd is a shipping company. It operates in two segments: Ship owning segment which includes ship owning and ship management, and Agency and logistics segment that includes shipping agency, terminal operations, warehousing, and logistics services. The company generates the majority of the revenue from the Ship owning segment. Further, it also operates in geographical segments like Japan, Singapore, and other countries. It generates the majority of its revenues from Japan.
66GF Score

Get the complete analysis for SGX:S19

Cash-to-Debt is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

S$0.31
Price
S$0.26
GF Value