White Horse Bhd (5009) — Net Asset Quality Index
White Horse Bhd (5009) has a Net Asset Quality Index of 81.8% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of RM670.85 Million minus total liabilities of RM121.98 Million yields net assets of RM548.88 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check White Horse Bhd liquidity resilience to evaluate the company's liquid asset resilience ratio.
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 December 2025, the index stands at 81.8%, representing net assets of RM548.88 Million against total assets of RM670.85 Million MYR. See White Horse Bhd short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
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 White Horse Bhd stock valuation.
| 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 | — |