Second Chance Properties Ltd

SGX:528 Stock Report

Market Cap: S$278.3m

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Second Chance Properties Balance Sheet Health

Financial Health criteria checks 3/6

Second Chance Properties has a total shareholder equity of SGD279.8M and total debt of SGD74.6M, which brings its debt-to-equity ratio to 26.7%. Its total assets and total liabilities are SGD357.4M and SGD77.6M respectively. Second Chance Properties's EBIT is SGD19.4M making its interest coverage ratio 6. It has cash and short-term investments of SGD448.0K.

Key information

26.7%

Debt to equity ratio

S$74.61m

Debt

Interest coverage ratio6x
CashS$448.00k
EquityS$279.81m
Total liabilitiesS$77.60m
Total assetsS$357.42m

Recent financial health updates

Does Second Chance Properties (SGX:528) Have A Healthy Balance Sheet?

Dec 28
Does Second Chance Properties (SGX:528) Have A Healthy Balance Sheet?

Second Chance Properties (SGX:528) Has A Pretty Healthy Balance Sheet

Mar 31
Second Chance Properties (SGX:528) Has A Pretty Healthy Balance Sheet

These 4 Measures Indicate That Second Chance Properties (SGX:528) Is Using Debt Reasonably Well

Dec 12
These 4 Measures Indicate That Second Chance Properties (SGX:528) Is Using Debt Reasonably Well

Recent updates

Does Second Chance Properties (SGX:528) Have A Healthy Balance Sheet?

Dec 28
Does Second Chance Properties (SGX:528) Have A Healthy Balance Sheet?

It's Unlikely That Second Chance Properties Ltd's (SGX:528) CEO Will See A Huge Pay Rise This Year

Dec 14
It's Unlikely That Second Chance Properties Ltd's (SGX:528) CEO Will See A Huge Pay Rise This Year

Second Chance Properties (SGX:528) Could Be At Risk Of Shrinking As A Company

May 30
Second Chance Properties (SGX:528) Could Be At Risk Of Shrinking As A Company

Second Chance Properties (SGX:528) Has A Pretty Healthy Balance Sheet

Mar 31
Second Chance Properties (SGX:528) Has A Pretty Healthy Balance Sheet

How Much Of Second Chance Properties Ltd (SGX:528) Do Insiders Own?

Feb 23
How Much Of Second Chance Properties Ltd (SGX:528) Do Insiders Own?

Is Second Chance Properties (SGX:528) Using Capital Effectively?

Feb 08
Is Second Chance Properties (SGX:528) Using Capital Effectively?

Can You Imagine How Second Chance Properties' (SGX:528) Shareholders Feel About The 11% Share Price Increase?

Jan 25
Can You Imagine How Second Chance Properties' (SGX:528) Shareholders Feel About The 11% Share Price Increase?

How Much Did Second Chance Properties' (SGX:528) CEO Pocket Last Year?

Jan 11
How Much Did Second Chance Properties' (SGX:528) CEO Pocket Last Year?

How Many Second Chance Properties Ltd (SGX:528) Shares Did Insiders Buy, In The Last Year?

Dec 27
How Many Second Chance Properties Ltd (SGX:528) Shares Did Insiders Buy, In The Last Year?

These 4 Measures Indicate That Second Chance Properties (SGX:528) Is Using Debt Reasonably Well

Dec 12
These 4 Measures Indicate That Second Chance Properties (SGX:528) Is Using Debt Reasonably Well

Could The Second Chance Properties Ltd (SGX:528) Ownership Structure Tell Us Something Useful?

Nov 25
Could The Second Chance Properties Ltd (SGX:528) Ownership Structure Tell Us Something Useful?

Financial Position Analysis

Short Term Liabilities: 528's short term assets (SGD32.2M) do not cover its short term liabilities (SGD76.6M).

Long Term Liabilities: 528's short term assets (SGD32.2M) exceed its long term liabilities (SGD1.0M).

Debt to Equity History and Analysis

Debt Level: 528's net debt to equity ratio (26.5%) is considered satisfactory.

Reducing Debt: 528's debt to equity ratio has increased from 14.5% to 26.7% over the past 5 years.

Debt Coverage: 528's debt is not well covered by operating cash flow (18.8%).

Interest Coverage: 528's interest payments on its debt are well covered by EBIT (6x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/09/30 19:00
End of Day Share Price 2024/09/27 00:00
Earnings2024/02/29
Annual Earnings2023/08/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Second Chance Properties Ltd is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Lynette TanOSK-DMG