White Horse Bhd Working Capital to Net Assets Ratio
White Horse Bhd working capital to net assets ratio. White Horse Bhd (5009) has a Working Capital to Net Assets ratio of 58.5% as of June 2026. Working capital of RM315.41 Million (current assets of RM419.39 Million minus current liabilities of RM103.98 Million) is measured against net assets of RM538.74 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of White Horse Bhd (2011–2025)
Working capital to net assets ratio of White Horse Bhd from 2011 to 2025. This chart shows how White Horse Bhd's Working Capital to Net Assets ratio has evolved across 15 annual periods from 2011 to 2025. As of June 2026, the ratio stands at 58.5%, reflecting working capital of RM315.41 Million against net assets of RM538.74 Million MYR. See White Horse Bhd (5009) liquidity interval to measure how many days the company can operate on defensive assets alone.
White Horse Bhd Working Capital to Net Assets Ratio by Year (2011–2025)
White Horse Bhd working capital to net assets ratio by year from 2011 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for White Horse Bhd from 2011 to 2025, covering 15 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see White Horse Bhd balance sheet assets.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 57.3% | RM314.48 Million | RM548.88 Million | RM424.11 Million | RM109.64 Million | ▲ +1.9 pp |
| 2024 | 55.4% | RM313.27 Million | RM565.63 Million | RM447.48 Million | RM134.21 Million | ▲ +0.2 pp |
| 2023 | 55.1% | RM322.70 Million | RM585.23 Million | RM470.41 Million | RM147.71 Million | ▲ +4.3 pp |
| 2022 | 50.9% | RM303.75 Million | RM597.15 Million | RM468.02 Million | RM164.27 Million | ▲ +1.8 pp |
| 2021 | 49.1% | RM294.91 Million | RM600.67 Million | RM449.93 Million | RM155.02 Million | ▲ +1.1 pp |
| 2020 | 48.0% | RM282.09 Million | RM587.50 Million | RM513.67 Million | RM231.58 Million | ▲ +5.2 pp |
| 2019 | 42.8% | RM274.82 Million | RM641.98 Million | RM502.33 Million | RM227.50 Million | ▼ -0.9 pp |
| 2018 | 43.7% | RM308.96 Million | RM706.46 Million | RM597.26 Million | RM288.30 Million | ▼ -2.9 pp |
| 2017 | 46.6% | RM347.42 Million | RM745.43 Million | RM649.33 Million | RM301.91 Million | ▼ -0.8 pp |
| 2016 | 47.4% | RM364.28 Million | RM768.30 Million | RM727.77 Million | RM363.49 Million | ▲ +5.5 pp |
| 2015 | 41.9% | RM319.00 Million | RM761.00 Million | RM722.00 Million | RM403.00 Million | ▼ -2.9 pp |
| 2014 | 44.8% | RM331.00 Million | RM739.00 Million | RM672.00 Million | RM341.00 Million | ▼ -2.1 pp |
| 2013 | 46.9% | RM328.00 Million | RM699.00 Million | RM669.00 Million | RM341.00 Million | ▲ +5.9 pp |
| 2012 | 41.0% | RM275.00 Million | RM670.00 Million | RM503.00 Million | RM228.00 Million | ▲ +3.5 pp |
| 2011 | 37.6% | RM246.00 Million | RM655.00 Million | RM466.00 Million | RM220.00 Million | — |