This company listing is no longer active

This company may still be operating, however this listing is no longer active.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.

Boustead Holdings Berhad Balance Sheet Health

Financial Health criteria checks 1/6

Boustead Holdings Berhad has a total shareholder equity of MYR5.2B and total debt of MYR6.8B, which brings its debt-to-equity ratio to 130.5%. Its total assets and total liabilities are MYR15.7B and MYR10.6B respectively.

Key information

130.5%

Debt to equity ratio

RM 6.76b

Debt

Interest coverage ratio	n/a
Cash	RM 565.80m
Equity	RM 5.19b
Total liabilities	RM 10.56b
Total assets	RM 15.75b

Recent financial health updates

Recent updates

Boustead Holdings Berhad's (KLSE:BSTEAD) 26% Price Boost Is Out Of Tune With Earnings

Mar 30

Boustead Holdings Berhad (KLSE:BSTEAD) Has A Somewhat Strained Balance Sheet

Jul 05

Boustead Holdings Berhad (KLSE:BSTEAD) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Mar 07

Does Boustead Holdings Berhad (KLSE:BSTEAD) Have A Healthy Balance Sheet?

Jul 30

Boustead Holdings Berhad (KLSE:BSTEAD) Takes On Some Risk With Its Use Of Debt

Apr 14

How Many Boustead Holdings Berhad (KLSE:BSTEAD) Shares Do Institutions Own?

Mar 10

Would Shareholders Who Purchased Boustead Holdings Berhad's (KLSE:BSTEAD) Stock Three Years Be Happy With The Share price Today?

Feb 03

Is Boustead Holdings Berhad (KLSE:BSTEAD) Using Debt Sensibly?

Dec 30

Is Now An Opportune Moment To Examine Boustead Holdings Berhad (KLSE:BSTEAD)?

Nov 25

Financial Position Analysis

Short Term Liabilities: BSTEAD's short term assets (MYR4.2B) do not cover its short term liabilities (MYR7.3B).

Long Term Liabilities: BSTEAD's short term assets (MYR4.2B) exceed its long term liabilities (MYR3.2B).

Debt to Equity History and Analysis

Debt Level: BSTEAD's net debt to equity ratio (119.5%) is considered high.

Reducing Debt: BSTEAD's debt to equity ratio has increased from 72.4% to 130.5% over the past 5 years.

Debt Coverage: BSTEAD's debt is not well covered by operating cash flow (10.7%).

Interest Coverage: Insufficient data to determine if BSTEAD's interest payments on its debt are well covered by EBIT.

Balance Sheet

Discover healthy companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2023/06/28 01:07
End of Day Share Price	2023/06/19 00:00
Earnings	2023/03/31
Annual Earnings	2022/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Boustead Holdings Berhad is covered by 5 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Tjen-San Chong	DBS Vickers Research
Bernard Ching	ECM Libra Investment Research
Yuan Chan	Hong Leong Investment Bank Berhad

This company listing is no longer active

Boustead Holdings Berhad Balance Sheet Health

Financial Health criteria checks 1/6

Key information

Recent financial health updates

Boustead Holdings Berhad to Delist from Main Market Effective June 28

Boustead Holdings to Be Delisted from Bursa Malaysia Securities Bhd on June 28

Boustead Holdings Berhad (KLSE:BSTEAD) Has A Somewhat Strained Balance Sheet

Does Boustead Holdings Berhad (KLSE:BSTEAD) Have A Healthy Balance Sheet?

Boustead Holdings Berhad (KLSE:BSTEAD) Takes On Some Risk With Its Use Of Debt

Is Boustead Holdings Berhad (KLSE:BSTEAD) Using Debt Sensibly?

Recent updates

Boustead Holdings Berhad to Delist from Main Market Effective June 28

Kuala Lumpur Kepong Berhad (KLSE:KLK) agreed to acquire 33% stake in Boustead Plantations Berhad (KLSE:BPLANT) from Boustead Holdings Berhad for MYR1.1 billion.

Boustead Holdings to Be Delisted from Bursa Malaysia Securities Bhd on June 28

Boustead Holdings Berhad Announces Redesignation of Dato' Ahmad Nazim Bin Abd Rahman as Executive Chairman from Non Executive Chairman

Boustead Holdings Denies Purchasing Shares from Other BHPetrol's Shareholders

First quarter 2023 earnings released: RM0.031 loss per share (vs RM0.14 profit in 1Q 2022)

Boustead Holdings Berhad's (KLSE:BSTEAD) 26% Price Boost Is Out Of Tune With Earnings

Full year 2022 earnings released: EPS: RM0.031 (vs RM0.084 in FY 2021)

Upcoming dividend of RM0.015 per share at 4.2% yield

Boustead Holdings Berhad Appoints Madam Pauline Teh @ Pauline Teh Abdullah as Independent and Non Executive Member of Nomination and Remuneration Committee, Effective on February 01, 2023

Boustead Holdings Berhad Announces Resignation of Datuk Seri Hajjah Zurainah Binti Musa as Independent and Non Executive Director

Boustead Holdings Berhad Announces First Interim Dividend for the Year Ended December 31, 2022, Payable on March 27, 2023

Boustead Holdings Berhad Announces Resignation of Datuk Maulizan Bin Bujang as Independent and Non Executive Director

Third quarter 2022 earnings released: EPS: RM0.049 (vs RM0.027 in 3Q 2021)

Boustead Holdings Berhad Appoints Izaddeen Daud as Its New Group Chief Executive Officer, Effective December 1, 2022

High number of new and inexperienced directors

Boustead Holdings Berhad Provides an Update on Material Litigation

Boustead Holdings Berhad Appoints Dato' Seri Rosman Bin Mohamed as Independent and Non Executive Member of Risk Committee, Effective October 1, 2022

Second quarter 2022 earnings released: EPS: RM0.037 (vs RM0.004 loss in 2Q 2021)

Boustead Holdings Berhad (KLSE:BSTEAD) Has A Somewhat Strained Balance Sheet

Boustead Holdings Berhad Announces Cessation of Office of Tan Sri Abu Bakar Bin Abdullah as Independent and Non Executive Director

Boustead Holdings Berhad and Bakti Wira Development Sdn Bhd Serve with A Writ of Summons and Statement of Claim by One Deepak Jaikishan A/L Jaikishan Rewachand

Boustead Holdings Berhad, Annual General Meeting, Jun 16, 2022

Full year 2021 earnings released: EPS: RM0.084 (vs RM0.27 loss in FY 2020)

High number of new and inexperienced directors

Boustead Holdings Berhad (KLSE:BSTEAD) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Now 24% undervalued

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Boustead Holdings Berhad Appoints Maulizan Bin Bujang as Independent and Non Executive Director, Effective February 1, 2022

Third quarter 2021 earnings: EPS in line with expectations, revenues disappoint

Westports Holdings Berhad (KLSE:WPRTS) and Northport (Malaysia) Bhd completed the acquisition of Boustead Cruise Centre Sdn Bhd from Boustead Holdings Berhad (KLSE:BSTEAD).

Senior Independent Non-Executive Director Zainun Binti Ahmad has left the company

Second quarter 2021 earnings released: RM0.004 loss per share (vs RM0.036 loss in 2Q 2020)

University of Nottingham entered into a share sale agreement to acquire 66.41% stake in University of Nottingham Malaysia Campus from Boustead Holdings Berhad (KLSE:BSTEAD) for approximately MYR 140 million.

Non-Independent Non-Executive Chairman Mohamed bin Nordin has left the company

Does Boustead Holdings Berhad (KLSE:BSTEAD) Have A Healthy Balance Sheet?

Boustead Holdings Berhad and Bakti Wira Development Sdn Bhd Serve with A Writ of Summons and Statement of Claim by One Deepak Jaikishan A/L Jaikishan Rewachand

First quarter 2021 earnings released: EPS RM0.021 (vs RM0.036 loss in 1Q 2020)

Independent Non-Executive Director has left the company

Boustead Holdings Berhad (KLSE:BSTEAD) Takes On Some Risk With Its Use Of Debt

Full year 2020 earnings released: RM0.27 loss per share (vs RM0.63 loss in FY 2019)

Westports Holdings Berhad (KLSE:WPRTS) and Northport (Malaysia) Bhd entered into a Share Sale and Purchase Agreement to acquire Boustead Cruise Centre Sdn Bhd from Boustead Holdings Berhad (KLSE:BSTEAD) for MYR 230 million.

How Many Boustead Holdings Berhad (KLSE:BSTEAD) Shares Do Institutions Own?

Boustead Holdings Berhad Announces Re-Designation of Encik Izaddeen Bin Daud from Executive Director to Deputy Group Managing Director

New 90-day low: RM0.56

New 90-day low: RM0.58

Would Shareholders Who Purchased Boustead Holdings Berhad's (KLSE:BSTEAD) Stock Three Years Be Happy With The Share price Today?

New 90-day high: RM0.67

Is Boustead Holdings Berhad (KLSE:BSTEAD) Using Debt Sensibly?

Third quarter 2020 earnings released: RM0.026 loss per share

Boustead Holdings Berhad Appoints Dato' Sri Mohammed Shazalli Ramly as Group Managing Director, Effective on December 1, 2020

Is Now An Opportune Moment To Examine Boustead Holdings Berhad (KLSE:BSTEAD)?

Boustead Holdings Berhad Announces Cessation of Dato' Sri Amrin Awaluddin, Managing Director Effective 15 November 2020

New 90-day low: RM0.57

Boustead Holdings Berhad Announces Resignation of Nik Amlizan Binti Mohamed as Non Independent and Non Executive Member of Remuneration Committee

First half earnings released

New 90-day high - RM0.77

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Discover healthy companies

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources