Worldgate Global Logistics Balance Sheet Health
Financial Health criteria checks 4/6
Worldgate Global Logistics has a total shareholder equity of MYR36.5M and total debt of MYR4.8M, which brings its debt-to-equity ratio to 13.1%. Its total assets and total liabilities are MYR58.5M and MYR22.0M respectively.
Key information
13.1%
Debt to equity ratio
RM4.77m
Debt
| Interest coverage ratio | n/a |
| Cash | RM21.99m |
| Equity | RM36.47m |
| Total liabilities | RM22.01m |
| Total assets | RM58.48m |
Recent financial health updates
Is Worldgate Global Logistics (HKG:8292) Using Too Much Debt?
Sep 21
Does Worldgate Global Logistics (HKG:8292) Have A Healthy Balance Sheet?
Apr 12Does Worldgate Global Logistics (HKG:8292) Have A Healthy Balance Sheet?
Aug 16Health Check: How Prudently Does Worldgate Global Logistics (HKG:8292) Use Debt?
Dec 09Recent updates
Worldgate Global Logistics Ltd (HKG:8292) Might Not Be As Mispriced As It Looks
Mar 06Positive Sentiment Still Eludes Worldgate Global Logistics Ltd (HKG:8292) Following 62% Share Price Slump
Apr 17Is Worldgate Global Logistics (HKG:8292) Using Too Much Debt?
Sep 21Does Worldgate Global Logistics (HKG:8292) Have A Healthy Balance Sheet?
Apr 12Does Worldgate Global Logistics (HKG:8292) Have A Healthy Balance Sheet?
Aug 16Health Check: How Prudently Does Worldgate Global Logistics (HKG:8292) Use Debt?
Dec 09Financial Position Analysis
Short Term Liabilities: 8292's short term assets (MYR46.9M) exceed its short term liabilities (MYR20.0M).
Long Term Liabilities: 8292's short term assets (MYR46.9M) exceed its long term liabilities (MYR2.0M).
Debt to Equity History and Analysis
Debt Level: 8292 has more cash than its total debt.
Reducing Debt: 8292's debt to equity ratio has reduced from 29.9% to 13.1% 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: Insufficient data to determine if 8292 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 8292 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.