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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 ratio	6x
Cash	S$448.00k
Equity	S$279.81m
Total liabilities	S$77.60m
Total assets	S$357.42m

Recent financial health updates

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

Dec 28

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

Mar 31

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

Dec 12

Recent updates

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

Dec 28

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

Dec 14

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

Jan 25

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

Jan 11

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

Dec 27

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

Dec 12

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

Nov 25

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).

This company listing is no longer active

Second Chance Properties Balance Sheet Health

Financial Health criteria checks 3/6

Key information

Recent financial health updates

Second Chance Properties to be Delisted from the Official List of SGX-ST, Effective November 11, 2024

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

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

Recent updates

Second Chance Properties to be Delisted from the Official List of SGX-ST, Effective November 11, 2024

Second Chance Properties Ltd Announces Appointment of Mr. Lee Wei Hsiung as Company Secretary, Effective 4 October 2024

Now 61% overvalued after recent price rise

Mohamed Salleh Maricar, Mohamed Amal Bin Mohamed Salleh Maricar, Nadia, Sofia Binte Mohamed Salleh Maricar, Sapiyah Abu Bakar and Radiah Binte Mohamed Salleh Maricar made an offer to acquire Second Chance Properties Ltd (SGX:528) from a group of shareholders for approximately SGD 280 million.

Now 24% overvalued

Now 23% overvalued

Now 24% overvalued

Second Chance Properties Ltd Proposes First and Final Dividend of 0.55 Singapore Cents Per Ordinary Share Tax-Exempt (One-Tier) for the Financial Year Ended 31 August 2023

Second Chance Properties Ltd Announces Cessation of Deepak Lakhi Ramchandani as Non-Executive Director and Chairman of Investment Committee, Effective 21 December 2023

Full year 2023 earnings released: EPS: S$0.021 (vs S$0.017 in FY 2022)

Second Chance Properties Ltd, Annual General Meeting, Dec 21, 2023

Second Chance Properties Ltd Proposes First and Final Dividend for the Financial Year Ended 31 August 2023

Full year 2023 earnings released: EPS: S$0.021 (vs S$0.017 in FY 2022)

Second Chance Properties Ltd Provides Consolidated Earnings Guidance for the Year Ended August 31, 2023

Less than half of directors are independent

First half 2023 earnings released: EPS: S$0.01 (vs S$0.006 in 1H 2022)

Second Chance Properties Ltd Approves First and Final Tax Exempt Dividend for the Year Ended August 31, 2022

Upcoming dividend of S$0.01 per share at 3.9% yield

Second Chance Properties Ltd Proposes First and Final Tax Exempt Dividend for the Year Ended August 31, 2022, Payable on March 29, 2023

Full year 2022 earnings released: EPS: S$0.017 (vs S$0.013 in FY 2021)

Second Chance Properties Ltd, Annual General Meeting, Dec 28, 2022

Less than half of directors are independent

Second Chance Properties Ltd Proposes Final Dividend for the Fiscal Year 2022

Full year 2022 earnings released: EPS: S$0.017 (vs S$0.013 in FY 2021)

Second Chance Properties Ltd to Report Fiscal Year 2022 Results on Oct 26, 2022

Less than half of directors are independent

First half 2022 earnings released

Second Chance Properties Ltd Approves Special Dividend for the Financial Year Ended August 31, 2021

Executive Director recently sold S$261k worth of stock

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

Upcoming dividend of 0.055 per share

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

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Second Chance Properties Ltd Proposes Special Dividend

Insufficient new directors

Full year 2021 earnings released: EPS S$0.013 (vs S$0.006 in FY 2020)

Founder recently bought S$142k worth of stock

Founder recently bought S$55k worth of stock

Founder recently bought S$88k worth of stock

Founder recently bought S$72k worth of stock

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

Founder recently bought S$55k worth of stock

Founder recently bought S$90k worth of stock

Founder recently bought S$57k worth of stock

First half 2021 earnings released: EPS S$0.007 (vs S$0.005 in 1H 2020)

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

New 90-day high: S$0.28

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

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

New 90-day high: S$0.27

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

New 90-day high: S$0.26

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

New 90-day high: S$0.22

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

Full year 2020 earnings released: EPS S$0.006

New 90-day high: S$0.21

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

Full year earnings released

Second Chance Properties Ltd Announces Change of Company Secretary, with Effect from 18 October 2020

Second Chance Properties Ltd. Reports Consolidated Earnings Results for the Second Quarter and Six Months Ended Dec. 31, 2009 ; Omits to Declare Interim Dividend

Second Chance Properties Ltd to Report Fiscal Year 2020 Results on Oct 28, 2020

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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