BSL Corporation Berhad Balance Sheet Health

Financial Health criteria checks 5/6

BSL Berhad has a total shareholder equity of MYR196.1M and total debt of MYR18.1M, which brings its debt-to-equity ratio to 9.2%. Its total assets and total liabilities are MYR247.1M and MYR51.0M respectively.

Key information

9.2%

Debt to equity ratio

RM 18.06m

Debt

Interest coverage ratio	n/a
Cash	RM 115.75m
Equity	RM 196.06m
Total liabilities	RM 51.04m
Total assets	RM 247.10m

Recent financial health updates

Is BSL Corporation Berhad (KLSE:BSLCORP) A Risky Investment?

Nov 15

Health Check: How Prudently Does BSL Corporation Berhad (KLSE:BSLCORP) Use Debt?

Aug 02

Is BSL Corporation Berhad (KLSE:BSLCORP) Using Debt Sensibly?

Apr 26

We Think BSL Corporation Berhad (KLSE:BSLCORP) Can Manage Its Debt With Ease

Feb 16

Recent updates

What BSL Corporation Berhad's (KLSE:BSLCORP) 40% Share Price Gain Is Not Telling You

Dec 09

Is BSL Corporation Berhad (KLSE:BSLCORP) A Risky Investment?

Nov 15

BSL Corporation Berhad's (KLSE:BSLCORP) Business Is Trailing The Industry But Its Shares Aren't

Oct 10

Health Check: How Prudently Does BSL Corporation Berhad (KLSE:BSLCORP) Use Debt?

Aug 02

Subdued Growth No Barrier To BSL Corporation Berhad (KLSE:BSLCORP) With Shares Advancing 40%

Jun 10

Is BSL Corporation Berhad (KLSE:BSLCORP) Using Debt Sensibly?

Apr 26

Some BSL Corporation Berhad (KLSE:BSLCORP) Shareholders Look For Exit As Shares Take 29% Pounding

Mar 03

We Think BSL Corporation Berhad (KLSE:BSLCORP) Can Manage Its Debt With Ease

Feb 16

Financial Position Analysis

Short Term Liabilities: BSLCORP's short term assets (MYR153.6M) exceed its short term liabilities (MYR45.3M).

Long Term Liabilities: BSLCORP's short term assets (MYR153.6M) exceed its long term liabilities (MYR5.7M).

Debt to Equity History and Analysis

Debt Level: BSLCORP has more cash than its total debt.

Reducing Debt: BSLCORP's debt to equity ratio has increased from 7.8% to 9.2% over the past 5 years.

Balance Sheet

Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: BSLCORP has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: BSLCORP has sufficient cash runway for 2.1 years if free cash flow continues to reduce at historical rates of 45.6% each year.

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/26 00:24
End of Day Share Price	2024/12/24 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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

BSL Corporation Berhad 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.

Analyst	Institution
Liew Mee Kien	Maybank Research Pte. Ltd.

BSL Corporation Berhad Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

Is BSL Corporation Berhad (KLSE:BSLCORP) A Risky Investment?

Health Check: How Prudently Does BSL Corporation Berhad (KLSE:BSLCORP) Use Debt?

Is BSL Corporation Berhad (KLSE:BSLCORP) Using Debt Sensibly?

We Think BSL Corporation Berhad (KLSE:BSLCORP) Can Manage Its Debt With Ease

Recent updates

What BSL Corporation Berhad's (KLSE:BSLCORP) 40% Share Price Gain Is Not Telling You

High number of new and inexperienced directors

Third quarter 2024 earnings released: EPS: RM0.004 (vs RM0.005 loss in 3Q 2023)

Now 55% overvalued

BSL Corporation Berhad Appoints Muhammad Nabil Izzat Bin Ahmad Khusairi as Independent and Non-Executive Director

New major risk - Market cap size

High number of new and inexperienced directors

Is BSL Corporation Berhad (KLSE:BSLCORP) A Risky Investment?

Now 39% overvalued

Now 39% overvalued

BSL Corporation Berhad's (KLSE:BSLCORP) Business Is Trailing The Industry But Its Shares Aren't

BSL Corporation Berhad Announces Re-Designation of Hoo Wai Keong from Chief Executive Officer to Executive Director

Now 35% overvalued

Health Check: How Prudently Does BSL Corporation Berhad (KLSE:BSLCORP) Use Debt?

Subdued Growth No Barrier To BSL Corporation Berhad (KLSE:BSLCORP) With Shares Advancing 40%

First quarter 2024 earnings released: EPS: RM0 (vs RM0.037 loss in 1Q 2023)

BSL Corporation Berhad, Annual General Meeting, Jun 06, 2024

BSL Corporation Berhad Appoints Doris Wong Sing Ee as Executive Director

Is BSL Corporation Berhad (KLSE:BSLCORP) Using Debt Sensibly?

Some BSL Corporation Berhad (KLSE:BSLCORP) Shareholders Look For Exit As Shares Take 29% Pounding

Full year 2023 earnings released: RM0.02 loss per share (vs RM0.031 loss in FY 2022)

BSL Corporation Berhad Announces Resignation of Florence Toh Sue Mei as Company Secretary

New major risk - Revenue and earnings growth

New minor risk - Financial data availability

High number of new and inexperienced directors

BSL Corporation Berhad Announces Resignation of Encik Johari Shukri Bin Jamil as Independent and Non Executive Member of Nomination Committee

BSL Corporation Berhad Announces the Redesignation of Encik Johari Shukri Bin Jamil from Director to Independent and Non Executive Deputy Chairman

Full year 2022 earnings released: RM0.031 loss per share (vs RM0.059 profit in FY 2021)

High number of new and inexperienced directors

Full year 2022 earnings released: EPS: RM0.015 (vs RM0.048 in FY 2021)

BSL Corporation Berhad Appoints Wong Boon Peng as Independent and Non Executive Member of Remuneration Committee

BSL Corporation Berhad Appoints Miss. Loh May Ann as Independent and Non Executive Director

Third quarter 2022 earnings released: EPS: RM0.005 (vs RM0.005 in 3Q 2021)

BSL Corporation Berhad Announces the Resignation of Chew Khai Liong as Non-Independent and Non-Executive Chairman of the Remuneration Committee, Effective June 15, 2022

Bsl Corporation Berhad Announces the Resignation of Wong Yuet Chyn as Company Secretary

Second quarter 2022 earnings released: RM0.001 loss per share (vs RM0.009 profit in 2Q 2021)

High number of new and inexperienced directors

BSL Corporation Berhad Announces the Re-Designation of Chew Khai Liong from Independent Director to Non-Independent Director

First quarter 2022 earnings: Revenues and EPS in line with analyst expectations

BSL Corporation Berhad Appoints Encik Johari Shukri Bin Jamil as Independent and Non Executive Director, Effective February 1, 2022

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

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Chief Financial Officer Jiun Chay has left the company

Investor sentiment improved over the past week

BSL Corporation Berhad (KLSE:BSLCORP) entered into a Memorandum of Understanding to acquire SD Unify Pte Ltd from Jerry Tan Gim Moh and Tan Hoon Bee.

Investor sentiment improved over the past week

BCM Alliance Berhad (KLSE:BCMALL) acquired a 3.96% stake in BSL Corporation Berhad (KLSE:BSLCORP) for MYR 4.4 million.

Third quarter 2021 earnings released: EPS RM0.011 (vs RM0.024 loss in 3Q 2020)

Company Secretary Joo Ann Toh has left the company

Company Secretary Sit Lee Yap has left the company

Pang Chow Haut and Ho Jien Shiung completed the acquisition of remaining 1.3% stake in BSL Corporation Berhad (KLSE:BSLCORP) for MYR 1.4million.

Pang Chow Haut and Ho Jien Shiung made an offer to acquire remaining 48.28% stake in BSL Corporation Berhad (KLSE:BSLCORP) for MYR 53.7 million.

Second quarter 2021 earnings released: EPS RM0.017 (vs RM0.006 in 2Q 2020)

New 90-day high: RM0.82

We Think BSL Corporation Berhad (KLSE:BSLCORP) Can Manage Its Debt With Ease

First quarter 2021 earnings released: EPS RM0.019 (vs RM0.003 loss in 1Q 2020)

New 90-day high: RM0.68

Full year 2020 earnings released: EPS RM0.004

New 90-day high: RM0.38

BSL Corporation Berhad Announces Demise of Teh Yoon Loy as Executive Director

New 90-day high: RM0.37

Full year earnings released - EPS RM0.0038

New 90-day high - RM0.35

New 90-day high - RM0.21

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

Discover healthy companies

Company Analysis and Financial Data Status