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SingAsia Holdings (HKSE:08293) Cash-to-Debt : 0.91 (As of Jan. 2024)


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What is SingAsia 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. SingAsia Holdings's cash to debt ratio for the quarter that ended in Jan. 2024 was 0.91.

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, SingAsia Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

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

HKSE:08293' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.17   Med: 1.17   Max: No Debt
Current: 0.91

During the past 10 years, SingAsia Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 0.17. And the median was 1.17.

HKSE:08293's Cash-to-Debt is ranked worse than
51.08% of 1061 companies
in the Business Services industry
Industry Median: 0.97 vs HKSE:08293: 0.91

SingAsia Holdings Cash-to-Debt Historical Data

The historical data trend for SingAsia 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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SingAsia Holdings Cash-to-Debt Chart

SingAsia Holdings Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.81 2.31 2.41 0.17 1.11

SingAsia Holdings Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.45 N/A 1.11 N/A 0.91

Competitive Comparison of SingAsia Holdings's Cash-to-Debt

For the Staffing & Employment Services subindustry, SingAsia 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.


SingAsia Holdings's Cash-to-Debt Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, SingAsia Holdings's Cash-to-Debt distribution charts can be found below:

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



SingAsia 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.

SingAsia Holdings's Cash to Debt Ratio for the fiscal year that ended in Jul. 2023 is calculated as:

SingAsia Holdings's Cash to Debt Ratio for the quarter that ended in Jan. 2024 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.


SingAsia Holdings  (HKSE:08293) 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.


SingAsia Holdings Cash-to-Debt Related Terms

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


SingAsia Holdings (HKSE:08293) Business Description

Traded in Other Exchanges
N/A
Address
60 Paya Lebar Road, No. 12–29 Paya Lebar Square, Singapore, SGP, 409051
SingAsia Holdings Ltd is a workforce solutions provider for companies and organizations looking to streamline their operations in hotels, resorts, retail, food and beverage and other educational institutions, event organizers, and various industries sectors. The group's segments include Manpower outsourcing and Manpower recruitment. The majority of its revenue is derived from the Manpower outsourcing segment. Geographically, it generates a majority of its revenue from Singapore.
Executives
Irregular Consulting Limited 2101 Beneficial owner
Wee Yu-chih 2201 Interest of corporation controlled by you
Tse Sing Yu 2201 Interest of corporation controlled by you
Huang Weiyan 2101 Beneficial owner
Goh Guan Chua 2101 Beneficial owner
Centrex Treasure Holdings Limited 2101 Beneficial owner
Sim Hak Chor 2201 Interest of corporation controlled by you
Eden Publishing Pte. Ltd. 2101 Beneficial owner
Teo Li Lian 2101 Beneficial owner
Li Haifeng 2101 Beneficial owner
Sim Hak Chor 2201 Interest of corporation controlled by you

SingAsia Holdings (HKSE:08293) Headlines

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