White Horse Bhd (5009) — Financial Flexibility Index

Latest as of March 2026: -0.11x

White Horse Bhd (5009) has a Financial Flexibility Index of -0.11x as of March 2026. Free cash flow of RM-12.70 Million (operating CF RM-12.74 Million minus capex RM42.00K) represents 0% of total liabilities (RM114.27 Million). Check 5009 total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

-0.11x
Free Cash Flow / Total Liabilities

Free Cash Flow

RM-12.70 Million
Operating CF − Capex

Total Liabilities

RM114.27 Million
MYR

Capital Expenditures

RM42.00K
MYR

White Horse Bhd Financial Flexibility Index (2011–2025)

Historical Financial Flexibility Index trend for White Horse Bhd across 15 annual periods. For the full cash flow conversion analysis, see White Horse Bhd cash flow conversion.

Annual Financial Flexibility Index for White Horse Bhd (2011–2025)

Year-by-year free cash flow to debt coverage for White Horse Bhd. Explore 5009 cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (MYR) Operating CF Total Liabilities YoY Change
2025 0.32x RM38.50 Million RM29.00 Million RM121.98 Million ▲ +128.6%
2024 0.14x RM21.29 Million RM16.99 Million RM154.16 Million ▼ -29.6%
2023 0.20x RM32.11 Million RM30.08 Million RM163.60 Million ▲ +185.9%
2022 -0.23x RM-38.01 Million RM-59.20 Million RM166.35 Million ▼ -253.2%
2021 0.15x RM23.25 Million RM14.36 Million RM155.86 Million ▼ -43.1%
2020 0.26x RM69.20 Million RM65.58 Million RM263.78 Million ▲ +6.7%
2019 0.25x RM74.94 Million RM61.90 Million RM304.87 Million ▲ +39.4%
2018 0.18x RM59.73 Million RM35.38 Million RM338.68 Million ▲ +47.1%
2017 0.12x RM43.47 Million RM18.58 Million RM362.62 Million ▼ -40.2%
2016 0.20x RM88.31 Million RM64.30 Million RM440.35 Million ▼ -24.5%
2015 0.27x RM136.00 Million RM94.00 Million RM512.00 Million ▲ +28.1%
2014 0.21x RM95.00 Million RM47.00 Million RM458.00 Million ▼ -3.2%
2013 0.21x RM99.00 Million RM85.00 Million RM462.00 Million ▲ +48.2%
2012 0.14x RM36.00 Million RM14.00 Million RM249.00 Million ▼ -75.0%
2011 0.58x RM143.00 Million RM62.00 Million RM247.00 Million —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities