Spackman Entertainment Group (SGX:40E) Cash-to-Debt : 0.47 (As of Dec. 2023)

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What is Spackman Entertainment Group 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. Spackman Entertainment Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.47.

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, Spackman Entertainment Group 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 Spackman Entertainment Group's Cash-to-Debt or its related term are showing as below:

SGX:40E' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.47 Med: 1.57 Max: 8.32
Current: 0.47

During the past 11 years, Spackman Entertainment Group's highest Cash to Debt Ratio was 8.32. The lowest was 0.47. And the median was 1.57.

SGX:40E's Cash-to-Debt is ranked worse than
65.65% of 1019 companies
in the Media - Diversified industry
Industry Median: 1.25 vs SGX:40E: 0.47

Spackman Entertainment Group Cash-to-Debt Historical Data

The historical data trend for Spackman Entertainment Group'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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Spackman Entertainment Group Cash-to-Debt Chart

Spackman Entertainment Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.93

0.91

4.20

2.80

0.47

Spackman Entertainment Group Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															3.54	3.38	2.80	1.27	0.47

Competitive Comparison of Spackman Entertainment Group's Cash-to-Debt

For the Entertainment subindustry, Spackman Entertainment Group'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.

Spackman Entertainment Group's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Spackman Entertainment Group's Cash-to-Debt distribution charts can be found below:

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

Spackman Entertainment Group 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.

Spackman Entertainment Group'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)
	=	2.145	/	(3.984	+	0.558)
	=	0.47

Spackman Entertainment Group'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)
	=	2.145	/	(3.984	+	0.558)
	=	0.47

Spackman Entertainment Group (SGX:40E) 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.

Spackman Entertainment Group Cash-to-Debt Related Terms

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Spackman Entertainment Group (SGX:40E) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Spackman Entertainment Group Ltd (SGX:40E) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

390 Orchard Road, No. 04-01 Palais Renaissance, Singapore, SGP, 238871

Website

https://spackmanentertainmentgroup.com

Spackman Entertainment Group Ltd is engaged in the independent development, production, presentation, and financing of theatrical motion pictures in Korea. In addition to the film business, it also makes investments in entertainment companies and film funds. The business of the company operates in various segments that include the Distribution of Films, Production of Films, Leasing of Equipment, and Others. Distribution of Film segment generates maximum revenue for the company. The company caters only to the Korean market.

Spackman Entertainment Group (SGX:40E) Headlines

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