White Horse Bhd (5009) — Cash Flow Quality Index
White Horse Bhd (5009) has a Cash Flow Quality Index of 0.51x as of December 2023. Operating cash flow of RM8.40 Million is below net income of RM16.54 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore White Horse Bhd debt service capacity to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
White Horse Bhd Cash Flow Quality Index (2011–2022)
Historical Cash Flow Quality Index for White Horse Bhd across 9 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see White Horse Bhd cash conversion from operations.
Annual Cash Flow Quality Index for White Horse Bhd (2011–2022)
Year-by-year earnings quality comparison for White Horse Bhd.
| Year | Quality Index | Operating CF (MYR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2022 | -74.75x | RM-59.20 Million | RM792.00K | ▼ -8816.4% |
| 2021 | 0.86x | RM14.36 Million | RM16.74 Million | ▼ -75.0% |
| 2017 | 3.43x | RM18.58 Million | RM5.41 Million | ▲ +45.6% |
| 2016 | 2.36x | RM64.30 Million | RM27.27 Million | ▼ -14.7% |
| 2015 | 2.76x | RM94.00 Million | RM34.00 Million | ▲ +247.1% |
| 2014 | 0.80x | RM47.00 Million | RM59.00 Million | ▼ -55.0% |
| 2013 | 1.77x | RM85.00 Million | RM48.00 Million | ▲ +380.7% |
| 2012 | 0.37x | RM14.00 Million | RM38.00 Million | ▼ -63.8% |
| 2011 | 1.02x | RM62.00 Million | RM61.00 Million | — |