Space Group Holdings (HKSE:02448) Cash-to-Debt : 0.05 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Space Group 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. Space Group Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.05.

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, Space Group Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

HKSE:02448' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.1 Max: 0.22
Current: 0.05

During the past 10 years, Space Group Holdings's highest Cash to Debt Ratio was 0.22. The lowest was 0.01. And the median was 0.10.

HKSE:02448's Cash-to-Debt is ranked worse than
92.5% of 1653 companies
in the Construction industry
Industry Median: 0.62 vs HKSE:02448: 0.05

Space Group Holdings Cash-to-Debt Historical Data

The historical data trend for Space Group 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.

* Premium members only.

Space Group Holdings Cash-to-Debt Chart

Space Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.05

0.22

0.19

0.10

0.05

Space Group Holdings Semi-Annual Data
	Dec14	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													0.19	0.04	0.10	0.07	0.05

Competitive Comparison of Space Group Holdings's Cash-to-Debt

For the Engineering & Construction subindustry, Space Group 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.

Space Group Holdings's Cash-to-Debt Distribution in the Construction Industry

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

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

Space Group 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.

Space Group Holdings's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	15.652	/	(331.383	+	5.09)
	=	0.05

Space Group Holdings's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	15.652	/	(331.383	+	5.09)
	=	0.05

Space Group Holdings (HKSE:02448) 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.

Space Group Holdings Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Space Group Holdings's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Space Group Holdings (HKSE:02448) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Space Group Holdings Ltd (HKSE:02448) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

8C, Avenida de Marciano Baptista 18, Edificio Centro Comercial Chong Fok, Macau, MAC

Website

https://www.spacegroup.com.mo

Space Group Holdings Limited is an investment holding company principally engaged in the provision of fitting-out works in Macau. The Company operates two business segments. The Fitting-out Works segment is involved in the execution of fitting-out works, procurement of materials, site supervision, management of subcontractors, overall project management, and interior decorative and modification works for existing buildings. The Building Construction Works segment is involved in structural building works, procurement of materials, site supervision, management of subcontractors, and overall project management.

Executives

Che Chan U	2201 Interest of corporation controlled by you
Ng Lai Kuan	2202 Interest of your spouse
Lei Soi Kun	2201 Interest of corporation controlled by you
Space Investment (bvi) Ltd	2101 Beneficial owner
Jpmorgan Chase & Co.	2201 Interest of corporation controlled by you
Cheng Chi Heng	2101 Beneficial owner

Space Group Holdings (HKSE:02448) Headlines

No Headlines