Boustead Projects Limited

SGX:AVM Stock Report

Market Cap: S$299.2m

This company listing is no longer active

This company may still be operating, however this listing is no longer active.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 Projects Balance Sheet Health

Financial Health criteria checks 6/6

Boustead Projects has a total shareholder equity of SGD401.0M and total debt of SGD1.7M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are SGD789.1M and SGD388.1M respectively. Boustead Projects's EBIT is SGD10.1M making its interest coverage ratio -1.4. It has cash and short-term investments of SGD177.7M.

Key information

0.4%

Debt to equity ratio

S$1.69m

Debt

Interest coverage ratio-1.4x
CashS$177.71m
EquityS$401.00m
Total liabilitiesS$388.11m
Total assetsS$789.10m

Recent financial health updates

Recent updates

One Boustead Projects Limited (SGX:AVM) Analyst Just Made A Major Cut To Next Year's Estimates

Jun 10
One Boustead Projects Limited (SGX:AVM) Analyst Just Made A Major Cut To Next Year's Estimates

Is Boustead Projects Limited (SGX:AVM) Potentially Undervalued?

Oct 12
Is Boustead Projects Limited (SGX:AVM) Potentially Undervalued?

Should You Investigate Boustead Projects Limited (SGX:AVM) At S$1.06?

Apr 28
Should You Investigate Boustead Projects Limited (SGX:AVM) At S$1.06?

Calculating The Fair Value Of Boustead Projects Limited (SGX:AVM)

Apr 08
Calculating The Fair Value Of Boustead Projects Limited (SGX:AVM)

We Think Boustead Projects (SGX:AVM) Can Stay On Top Of Its Debt

Mar 22
We Think Boustead Projects (SGX:AVM) Can Stay On Top Of Its Debt

Boustead Projects Limited's (SGX:AVM) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?

Mar 04
Boustead Projects Limited's (SGX:AVM) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?

What Type Of Shareholders Make Up Boustead Projects Limited's (SGX:AVM) Share Registry?

Feb 14
What Type Of Shareholders Make Up Boustead Projects Limited's (SGX:AVM) Share Registry?

Did You Miss Boustead Projects' (SGX:AVM) 49% Share Price Gain?

Jan 30
Did You Miss Boustead Projects' (SGX:AVM) 49% Share Price Gain?

What Does Boustead Projects Limited's (SGX:AVM) Share Price Indicate?

Jan 17
What Does Boustead Projects Limited's (SGX:AVM) Share Price Indicate?

Calculating The Intrinsic Value Of Boustead Projects Limited (SGX:AVM)

Jan 04
Calculating The Intrinsic Value Of Boustead Projects Limited (SGX:AVM)

Are Boustead Projects's (SGX:AVM) Statutory Earnings A Good Guide To Its Underlying Profitability?

Dec 21
Are Boustead Projects's (SGX:AVM) Statutory Earnings A Good Guide To Its Underlying Profitability?

These 4 Measures Indicate That Boustead Projects (SGX:AVM) Is Using Debt Reasonably Well

Dec 03
These 4 Measures Indicate That Boustead Projects (SGX:AVM) Is Using Debt Reasonably Well

Boustead Projects Limited (SGX:AVM) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?

Nov 18
Boustead Projects Limited (SGX:AVM) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?

Financial Position Analysis

Short Term Liabilities: AVM's short term assets (SGD359.0M) exceed its short term liabilities (SGD298.4M).

Long Term Liabilities: AVM's short term assets (SGD359.0M) exceed its long term liabilities (SGD89.7M).


Debt to Equity History and Analysis

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

Reducing Debt: AVM's debt to equity ratio has reduced from 28.9% to 0.4% over the past 5 years.

Debt Coverage: AVM's debt is well covered by operating cash flow (1021.1%).

Interest Coverage: AVM earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/06/23 23:13
End of Day Share Price 2023/03/27 00:00
Earnings2023/03/31
Annual Earnings2023/03/31

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.

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 Github.

Analyst Sources

Boustead Projects Limited is covered by 2 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Khang Chuen OngCGS International
Llelleythan TanUOB Kay Hian Research Pte Ltd