Pollux Properties (SGX:5AE) Cash-to-Debt : 0.01 (As of Jun. 2023)

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What is Pollux Properties 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. Pollux Properties's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.01.

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, Pollux Properties couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

SGX:5AE' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.06 Max: 0.18
Current: 0.01

During the past 13 years, Pollux Properties's highest Cash to Debt Ratio was 0.18. The lowest was 0.01. And the median was 0.06.

SGX:5AE's Cash-to-Debt is ranked worse than
95.58% of 1786 companies
in the Real Estate industry
Industry Median: 0.25 vs SGX:5AE: 0.01

Pollux Properties Cash-to-Debt Historical Data

The historical data trend for Pollux Properties'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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Pollux Properties Cash-to-Debt Chart

Pollux Properties Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Dec21

Dec22

Cash-to-Debt

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0.08

0.02

0.04

0.15

0.05

Pollux Properties Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash-to-Debt	Get a 7-Day Free Trial															0.13	0.15	0.14	0.05	0.01

Competitive Comparison of Pollux Properties's Cash-to-Debt

For the Real Estate Services subindustry, Pollux Properties'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.

Pollux Properties's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Pollux Properties's Cash-to-Debt distribution charts can be found below:

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

Pollux Properties 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.

Pollux Properties'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)
	=	7.394	/	(22.457	+	136.043)
	=	0.05

Pollux Properties'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)
	=	2.044	/	(17.131	+	137.83)
	=	0.01

Pollux Properties (SGX:5AE) 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.

Pollux Properties Cash-to-Debt Related Terms

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

Pollux Properties (SGX:5AE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Pollux Properties Ltd (SGX:5AE) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

554 Havelock Road, Singapore, SGP, 169639

Website

https://www.pollux.com.sg

Pollux Properties Ltd is a property developer in Singapore focusing on the development of residential and commercial properties. The company is engaged in the business of developing premium real estate projects. The company operates through five segments: The Property Development segment, which is involved in the acquisition and development of properties for sale; The Property Investment segment, which is involved in renting properties and operating a serviced apartment; The Corporate segment, which is involved in corporate services and investments. The Fund Management segment is involved in providing management and advisory services and Hotel Operations. The company generates the majority of its revenue from the Property Investment segment.

Pollux Properties (SGX:5AE) Headlines

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