Advanced Holdings Ltd.
Catalist:BLZ Stock Report
Advanced Holdings Balance Sheet Health
Financial Health criteria checks 5/6 Advanced Holdings has a total shareholder equity of SGD31.5M and total debt of SGD7.6M, which brings its debt-to-equity ratio to 24%. Its total assets and total liabilities are SGD42.0M and SGD10.6M respectively.
Key information
24.0%
Debt to equity ratio
Interest coverage ratio n/a Cash S$28.98m Equity S$31.47m Total liabilities S$10.56m Total assets S$42.03m
Recent financial health updates
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First half 2024 earnings released: S$0.015 loss per share (vs S$0.006 loss in 1H 2023) Aug 18
New major risk - Market cap size Aug 15
Less than half of directors are independent May 02 Advanced Holdings Ltd. Approves the Appointment of Ang Meng Hai Markus David as Non-Executive Director and Member of the Remuneration Committee Advanced Holdings Ltd. Announces Retirement of Ho Choon Hou as Independent Director and Committees, with Effect from 26 April 2024
Advanced Holdings Ltd. Announces Retirement of Lim Boon Cheng as Independent and Non-Executive Chairman, with Effect from 26 April 2024 Apr 05
Is Advanced Holdings (SGX:BLZ) Weighed On By Its Debt Load? Mar 28
Advanced Holdings Ltd., Annual General Meeting, Apr 26, 2024 Mar 23
Full year 2023 earnings released: S$0.035 loss per share (vs S$0.016 loss in FY 2022) Feb 27
New minor risk - Financial data availability Feb 26
New major risk - Market cap size Dec 07
Founder recently bought S$1.0m worth of stock Oct 26
Advanced Holdings (SGX:BLZ) Is Using Debt Safely Aug 25
New minor risk - Revenue size Aug 12
First half 2023 earnings released: S$0.61 loss per share (vs S$0.001 profit in 1H 2022) Aug 11
Insufficient new directors Mar 16
Full year 2022 earnings released: S$0.016 loss per share (vs S$0.023 loss in FY 2021) Mar 03
Insufficient new directors Feb 24
Insufficient new directors Feb 03
Insufficient new directors Nov 16
Insufficient new directors Sep 21
Insufficient new directors Sep 02
First half 2022 earnings released Aug 13
Full year 2021 earnings released: S$0.023 loss per share (vs S$0.028 profit in FY 2020) Apr 17
Advanced Holdings Ltd., Annual General Meeting, Apr 28, 2022 Apr 14 Advanced Holdings Ltd. Announces Cessation of Teo Siok San Samantha as Deputy Chief Executive Officer
Full year 2021 earnings: Revenues in line with analyst expectations Feb 27
Does Advanced Holdings (SGX:BLZ) Have A Healthy Balance Sheet? Oct 04
Full year 2020 earnings released: EPS S$0.028 (vs S$0.15 loss in FY 2019) Apr 20
Is Advanced Holdings (SGX:BLZ) Using Debt Sensibly? Mar 31
Full year 2020 earnings released Feb 28
We're Not So Sure You Should Rely on Advanced Holdings's (SGX:BLZ) Statutory Earnings Dec 16 Advanced Holdings Ltd. (SGX:BLZ) entered into a conditional share purchase agreement to acquire a 12.25% stake in Agricore Global Pte. Ltd. from Vertex DG Pte. Ltd. for SGD 15 million.
Financial Position Analysis
Short Term Liabilities: BLZ's short term assets (SGD33.4M) exceed its short term liabilities (SGD5.6M).
Long Term Liabilities: BLZ's short term assets (SGD33.4M) exceed its long term liabilities (SGD4.9M).
Debt to Equity History and Analysis
Debt Level: BLZ has more cash than its total debt.
Reducing Debt: BLZ's debt to equity ratio has increased from 15.5% to 24% over the past 5 years.
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: BLZ has sufficient cash runway for more than 3 years based on its current free cash flow .
Forecast Cash Runway: BLZ has sufficient cash runway for 2.5 years if free cash flow continues to grow at historical rates of 4.4% each year.
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