Tiong Seng Holdings (SGX:BFI) Cash-to-Debt : 0.92 (As of Dec. 2023)

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What is Tiong Seng 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. Tiong Seng Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.92.

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, Tiong Seng 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 Tiong Seng Holdings's Cash-to-Debt or its related term are showing as below:

SGX:BFI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.31 Med: 0.55 Max: 1.09
Current: 0.92

During the past 13 years, Tiong Seng Holdings's highest Cash to Debt Ratio was 1.09. The lowest was 0.31. And the median was 0.55.

SGX:BFI's Cash-to-Debt is ranked better than
57.89% of 1653 companies
in the Construction industry
Industry Median: 0.62 vs SGX:BFI: 0.92

Tiong Seng Holdings Cash-to-Debt Historical Data

The historical data trend for Tiong Seng 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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Tiong Seng Holdings Cash-to-Debt Chart

Tiong Seng Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.57

0.64

0.62

0.43

0.92

Tiong Seng 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															0.62	0.73	0.43	0.89	0.92

Competitive Comparison of Tiong Seng Holdings's Cash-to-Debt

For the Engineering & Construction subindustry, Tiong Seng 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.

Tiong Seng Holdings's Cash-to-Debt Distribution in the Construction Industry

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

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

Tiong Seng 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.

Tiong Seng 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)
	=	112.578	/	(109.929	+	12.131)
	=	0.92

Tiong Seng 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)
	=	112.578	/	(109.929	+	12.131)
	=	0.92

Tiong Seng Holdings (SGX:BFI) 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.

Tiong Seng Holdings Cash-to-Debt Related Terms

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Tiong Seng Holdings (SGX:BFI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Tiong Seng Holdings Ltd (SGX:BFI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

21 Fan Yoong Road, Singapore, SGP, 629796

Website

https://www.tiongseng.com.sg

Tiong Seng Holdings Ltd operates as a construction and property development firm. It undertakes a wide range of projects of different variables such as residential, commercial, institutional, civil engineering, foundation and infrastructural projects. The firm has three segments, Construction: which derives the majority of revenue and relates to acting as main contractors in the construction and civil engineering projects and provision of construction; Engineering solutions: which relates to manufacturing and supplying precast and prefabricated components and provision of steel and mass-engineered timber. Property development: relates to the development and sales of properties. Most of its revenue is earned through construction services across Singapore. also has a presence in Malaysia.