FBS Global Ltd balance sheet

At the end of fiscal 2025, FBS Global Ltd had total assets of $21.6m, total liabilities of $11.6m and shareholders' equity of $10.1m. It held $4.1m in cash against $112,436 of debt: net cash of $4.0m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

FBS Global Ltd: balance sheet, annual
Fiscal year	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Cash and equivalents	1	3	2	4
Receivables	3	3	2	3
Total current assets	9	10	7	19
Total assets	13	14	11	22
Accounts payable	2	2	1	2
Deferred revenue (current)	0	1	1	3
Total current liabilities	8	9	8	12
Short-term debt	—	1	1	0
Long-term debt	—	1	0	0
Total debt	0	2	1	0
Total liabilities	9	10	8	12
Shareholders' equity	4	4	3	10
Net debt (negative = net cash)	−1	−2	−2	−4
Shares outstanding	11m	11m	11m	14m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from FBS Global Ltd's SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to FBS Global Ltd.