White Horse Bhd (5009) — Tangible Net Worth Ratio

Latest as of March 2026: 100.0%

White Horse Bhd (5009) has a Tangible Net Worth Ratio of 100.0% as of March 2026. This metric is calculated by deducting intangible assets (RM0.00) from net assets (RM541.53 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore 5009 year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

RM541.53 Million
MYR

Intangible Assets

RM0.00
Goodwill, patents, brand value

Total Assets

RM655.81 Million
MYR

White Horse Bhd Tangible Net Worth Ratio (2011–2025)

This chart shows how White Horse Bhd's Tangible Net Worth Ratio has changed across 15 annual periods from 2011 to 2025. As of March 2026, the ratio stands at 100.0%, reflecting net assets of RM541.53 Million with intangible assets of RM0.00 MYR. For live market cap and overall valuation, see White Horse Bhd (5009) market capitalisation.

Annual Tangible Net Worth Ratio for White Horse Bhd (2011–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for White Horse Bhd from 2011 to 2025, covering 15 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore White Horse Bhd (5009) capital reinvestment to see what proportion of operating cash flow is directed to capital expenditures.

Year Tangible NW Ratio Net Assets (MYR) Intangible Assets Total Assets Change (pp)
2025 100.0% RM548.88 Million RM0.00 RM670.85 Million ▲ +0.0 pp
2024 100.0% RM565.63 Million RM0.00 RM719.79 Million ▲ +0.0 pp
2023 100.0% RM585.23 Million RM0.00 RM748.84 Million ▲ +0.0 pp
2022 100.0% RM597.15 Million RM0.00 RM763.50 Million ▲ +0.0 pp
2021 100.0% RM600.67 Million RM0.00 RM756.53 Million ▲ +0.0 pp
2020 100.0% RM587.50 Million RM0.00 RM851.27 Million ▲ +0.0 pp
2019 100.0% RM641.98 Million RM0.00 RM946.85 Million ▲ +0.0 pp
2018 100.0% RM706.46 Million RM0.00 RM1.05 Billion ▲ +1.9 pp
2017 98.1% RM745.43 Million RM14.38 Million RM1.11 Billion ▲ +0.2 pp
2016 97.9% RM768.30 Million RM16.12 Million RM1.21 Billion ▼ -2.1 pp
2015 100.0% RM761.00 Million RM0.00 RM1.27 Billion ▲ +0.0 pp
2014 100.0% RM739.00 Million RM0.00 RM1.20 Billion ▲ +0.0 pp
2013 100.0% RM699.00 Million RM0.00 RM1.16 Billion ▲ +0.0 pp
2012 100.0% RM670.00 Million RM0.00 RM919.00 Million ▲ +0.0 pp
2011 100.0% RM655.00 Million RM0.00 RM902.00 Million
pp = percentage points