Worldgate Global Logistics Balance Sheet Health
Financial Health criteria checks 6/6
Worldgate Global Logistics has a total shareholder equity of MYR29.5M and total debt of MYR3.8M, which brings its debt-to-equity ratio to 12.8%. Its total assets and total liabilities are MYR48.5M and MYR18.9M respectively.
Key information
12.8%
Debt to equity ratio
RM 3.78m
Debt
| Interest coverage ratio | n/a |
| Cash | RM 20.38m |
| Equity | RM 29.55m |
| Total liabilities | RM 18.91m |
| Total assets | RM 48.46m |
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'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 (MYR36.0M) exceed its short term liabilities (MYR17.4M).
Long Term Liabilities: 8292's short term assets (MYR36.0M) exceed its long term liabilities (MYR1.5M).
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 12.8% 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 more than a year based on its current free cash flow.
Forecast Cash Runway: 8292 has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 29.7% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 09:50 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| 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 here.
Analysis Model and Snowflake
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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 .
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.
| Analyst | Institution |
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