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SC Health (SC Health) Cash-to-Debt : 0.03 (As of Jun. 2021)


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What is SC Health 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. SC Health's cash to debt ratio for the quarter that ended in Jun. 2021 was 0.03.

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, SC Health couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2021.

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

SCPE.U' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03   Med: 5000.63   Max: No Debt
Current: 0.03

During the past 3 years, SC Health's highest Cash to Debt Ratio was No Debt. The lowest was 0.03. And the median was 5000.63.

SCPE.U's Cash-to-Debt is not ranked
in the Diversified Financial Services industry.
Industry Median: 3.37 vs SCPE.U: 0.03

SC Health Cash-to-Debt Historical Data

The historical data trend for SC Health'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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SC Health Cash-to-Debt Chart

SC Health Annual Data
Trend Dec18 Dec19 Dec20
Cash-to-Debt
No Debt No Debt 1.25

SC Health Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt 1.25 0.05 0.03

Competitive Comparison of SC Health's Cash-to-Debt

For the Shell Companies subindustry, SC Health'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.

SC Health's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, SC Health's Cash-to-Debt distribution charts can be found below:

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


SC Health 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.

SC Health's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
=0.125 / (0.1 + 0)
=1.25

SC Health's Cash to Debt Ratio for the quarter that ended in Jun. 2021 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)
=0.035 / (1.035 + 0)
=0.03

* 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.

SC Health  (NYSE:SCPE.U) 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.

SC Health Cash-to-Debt Related Terms

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SC Health (SC Health) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » SC Health Corp (NYSE:SCPE.U) » Definitions » Cash-to-Debt
Comparable Companies
MFAC GIX SRAC THCA LATN PTAC GNRS DFNS INSU LHC CCXX CCX FPAC VTIQ SPAQ FEAC CCH CPAA LSE:EVRA GHIV
Traded in Other Exchanges
N/A
Address
N0. 10-00, 108 Robinson Road, Singapore, SGP, 068900
Website
https://www.schealthcorp.com
SC Health Corp is a blank check company.
Executives
Glazer Capital, Llc 10 percent owner 250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019
Paul J Glazer 10 percent owner 250 WEST 55TH ST, SUITE 30A, NEW YORK NY 10019
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
David Sin director, 10 percent owner 108 ROBINSON ROAD #10-00, SINGAPORE U0 068900
Hwei Lynn Lau officer: Chief Financial Officer 108 ROBINSON ROAD #10-00, SINGAPORE U0 068900
Sc Health Holdings Ltd 10 percent owner 108 ROBINSON ROAD #10-00, SINGAPORE U0 068900
Franklin Leo Lavin director 108 ROBINSON ROAD #10-00, SINGAPORE U0 068900
Suresh Marimuthu director 108 ROBINSON ROAD #10-00, SINGAPORE U0 068900
Angelo John Coloma director, officer: Chief Executive Officer 108 ROBINSON ROAD #10-00, SINGAPORE U0 068900
Cheok Peng Lim director 108 ROBINSON ROAD #10-00, SINGAPORE U0 068900