White Horse Berhad Balance Sheet Health
Financial Health criteria checks 5/6
White Horse Berhad has a total shareholder equity of MYR584.5M and total debt of MYR95.0M, which brings its debt-to-equity ratio to 16.3%. Its total assets and total liabilities are MYR748.9M and MYR164.3M respectively.
Key information
16.3%
Debt to equity ratio
RM95.03m
Debt
| Interest coverage ratio | n/a |
| Cash | RM171.38m |
| Equity | RM584.52m |
| Total liabilities | RM164.33m |
| Total assets | RM748.85m |
Recent financial health updates
Is White Horse Berhad (KLSE:WTHORSE) A Risky Investment?
Mar 09
Health Check: How Prudently Does White Horse Berhad (KLSE:WTHORSE) Use Debt?
Oct 26Is White Horse Berhad (KLSE:WTHORSE) A Risky Investment?
May 18Is White Horse Berhad (KLSE:WTHORSE) Using Too Much Debt?
Jan 22
Recent updates
White Horse Berhad (KLSE:WTHORSE) Looks Inexpensive But Perhaps Not Attractive Enough
Mar 01We Think That There Are Some Issues For White Horse Berhad (KLSE:WTHORSE) Beyond Its Promising Earnings
Aug 30Is White Horse Berhad (KLSE:WTHORSE) A Risky Investment?
Mar 09Health Check: How Prudently Does White Horse Berhad (KLSE:WTHORSE) Use Debt?
Oct 26Is White Horse Berhad (KLSE:WTHORSE) A Risky Investment?
May 18Is White Horse Berhad (KLSE:WTHORSE) Using Too Much Debt?
Jan 22Financial Position Analysis
Short Term Liabilities: WTHORSE's short term assets (MYR470.2M) exceed its short term liabilities (MYR148.2M).
Long Term Liabilities: WTHORSE's short term assets (MYR470.2M) exceed its long term liabilities (MYR16.2M).
Debt to Equity History and Analysis
Debt Level: WTHORSE has more cash than its total debt.
Reducing Debt: WTHORSE's debt to equity ratio has reduced from 26.2% to 16.3% over the past 5 years.
Debt Coverage: WTHORSE's debt is well covered by operating cash flow (30.7%).
Interest Coverage: Insufficient data to determine if WTHORSE's interest payments on its debt are well covered by EBIT.