Singamas Container Holdings (HKSE:00716) Cash-to-Debt : 65.41 (As of Jun. 2023)

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What is Singamas Container 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. Singamas Container Holdings's cash to debt ratio for the quarter that ended in Jun. 2023 was 65.41.

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, Singamas Container Holdings could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

HKSE:00716' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.19 Med: 0.73 Max: 85.43
Current: 28.07

During the past 13 years, Singamas Container Holdings's highest Cash to Debt Ratio was 85.43. The lowest was 0.19. And the median was 0.73.

HKSE:00716's Cash-to-Debt is ranked better than
89.18% of 379 companies
in the Packaging & Containers industry
Industry Median: 0.4 vs HKSE:00716: 28.07

Singamas Container Holdings Cash-to-Debt Historical Data

The historical data trend for Singamas Container 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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Singamas Container Holdings Cash-to-Debt Chart

Singamas Container Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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4.40

1.61

85.43

60.25

28.07

Singamas Container Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															85.43	56.57	60.25	65.41	28.07

Competitive Comparison of Singamas Container Holdings's Cash-to-Debt

For the Packaging & Containers subindustry, Singamas Container 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.

Singamas Container Holdings's Cash-to-Debt Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Singamas Container Holdings's Cash-to-Debt distribution charts can be found below:

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

Singamas Container 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.

Singamas Container Holdings's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	2878.807	/	(20.74	+	27.039)
	=	60.25

Singamas Container Holdings's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	2585.885	/	(20.428	+	19.105)
	=	65.41

Singamas Container Holdings (HKSE:00716) 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.

Singamas Container Holdings Cash-to-Debt Related Terms

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Singamas Container Holdings (HKSE:00716) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Singamas Container Holdings Ltd (HKSE:00716) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

SNGSF:USA

Address

75-83 King’s Road, 19th Floor, SUP Tower, Hong Kong, HKG

Website

https://www.singamas.com

Singamas Container Holdings Ltd is a Hong Kong-based investment holding company. Its operations represent two business segments. The Manufacturing segment is the key revenue driver for the company. It involves the manufacturing of dry freight containers, collapsible flatrack containers, tank containers, offshore containers, other specialized containers, and container parts. The Logistics services segment is engaged in the provision of container storage, repair, and trucking services, serving as a freight station, container/cargo handling, and other container-related services. Its geographical segments include Hong Kong, Europe, the United States of America, Taiwan, Singapore, the Middle East, PRC, Korea, and Others.

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