White Horse Bhd (5009) — Net Asset Quality Index
White Horse Bhd (5009) has a Net Asset Quality Index of 82.6% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of RM655.81 Million minus total liabilities of RM114.27 Million yields net assets of RM541.53 Million. A higher index indicates a stronger, lower-leverage balance sheet. See 5009 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
White Horse Bhd Net Asset Quality Index Over Time (2011–2025)
This chart shows how White Horse Bhd's Net Asset Quality Index has evolved across 15 annual periods from 2011 to 2025. As of March 2026, the index stands at 82.6%, representing net assets of RM541.53 Million against total assets of RM655.81 Million MYR. Explore White Horse Bhd (5009) cash conversion ratio to assess how effectively this company generates cash.
Annual Net Asset Quality Index for White Horse Bhd (2011–2025)
The table below presents the year-by-year Net Asset Quality Index for White Horse Bhd from 2011 to 2025, covering 15 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see 5009 stock market capitalisation.
| Year | Quality Index | Net Assets (MYR) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 81.8% | RM548.88 Million | RM670.85 Million | RM121.98 Million | ▲ +3.2 pp |
| 2024 | 78.6% | RM565.63 Million | RM719.79 Million | RM154.16 Million | ▲ +0.4 pp |
| 2023 | 78.2% | RM585.23 Million | RM748.84 Million | RM163.60 Million | ▼ -0.1 pp |
| 2022 | 78.2% | RM597.15 Million | RM763.50 Million | RM166.35 Million | ▼ -1.2 pp |
| 2021 | 79.4% | RM600.67 Million | RM756.53 Million | RM155.86 Million | ▲ +10.4 pp |
| 2020 | 69.0% | RM587.50 Million | RM851.27 Million | RM263.78 Million | ▲ +1.2 pp |
| 2019 | 67.8% | RM641.98 Million | RM946.85 Million | RM304.87 Million | ▲ +0.2 pp |
| 2018 | 67.6% | RM706.46 Million | RM1.05 Billion | RM338.68 Million | ▲ +0.3 pp |
| 2017 | 67.3% | RM745.43 Million | RM1.11 Billion | RM362.62 Million | ▲ +3.7 pp |
| 2016 | 63.6% | RM768.30 Million | RM1.21 Billion | RM440.35 Million | ▲ +3.8 pp |
| 2015 | 59.8% | RM761.00 Million | RM1.27 Billion | RM512.00 Million | ▼ -2.0 pp |
| 2014 | 61.7% | RM739.00 Million | RM1.20 Billion | RM458.00 Million | ▲ +1.5 pp |
| 2013 | 60.2% | RM699.00 Million | RM1.16 Billion | RM462.00 Million | ▼ -12.7 pp |
| 2012 | 72.9% | RM670.00 Million | RM919.00 Million | RM249.00 Million | ▲ +0.3 pp |
| 2011 | 72.6% | RM655.00 Million | RM902.00 Million | RM247.00 Million | — |