Worldgate Global Logistics Balance Sheet Health
Financial Health criteria checks 6/6
Worldgate Global Logistics has a total shareholder equity of MYR24.2M and total debt of MYR4.5M, which brings its debt-to-equity ratio to 18.8%. Its total assets and total liabilities are MYR47.3M and MYR23.1M respectively.
Key information
18.8%
Debt to equity ratio
RM 4.55m
Debt
| Interest coverage ratio | n/a |
| Cash | RM 7.87m |
| Equity | RM 24.24m |
| Total liabilities | RM 23.09m |
| Total assets | RM 47.33m |
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) Stock Rockets 55% As Investors Are Less Pessimistic Than Expected
Apr 18Worldgate Global Logistics Ltd's (HKG:8292) 40% Jump Shows Its Popularity With Investors
Feb 12Worldgate Global Logistics Ltd's (HKG:8292) Share Price Is Still Matching Investor Opinion Despite 50% Slump
Nov 19Why Investors Shouldn't Be Surprised By Worldgate Global Logistics Ltd's (HKG:8292) 36% Share Price Surge
Oct 04Take Care Before Jumping Onto Worldgate Global Logistics Ltd (HKG:8292) Even Though It's 27% Cheaper
Jul 02Worldgate 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 (MYR35.4M) exceed its short term liabilities (MYR21.0M).
Long Term Liabilities: 8292's short term assets (MYR35.4M) exceed its long term liabilities (MYR2.1M).
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 30.9% to 18.8% 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: 8292 has sufficient cash runway for 10 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 8292 is forecast to have sufficient cash runway for 9 months based on free cash flow estimates, but has since raised additional capital.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/07 17:24 |
| End of Day Share Price | 2025/05/07 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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
Worldgate Global Logistics Ltd is covered by 0 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.