White Horse Berhad (KLSE:WTHORSE)

White Horse Berhad Balance Sheet

Financials in millions MYR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	46.09	44.43	60.86	44.54	132.71	59.26
Short-Term Investments	95.11	119.52	112.34	95.39	46.07	50.91
Cash & Short-Term Investments	141.2	163.95	173.19	139.93	178.78	110.17
Cash Growth	-12.06%	-5.33%	23.77%	-21.73%	62.28%	18.80%
Accounts Receivable	94.7	84.31	88.83	79.89	97.19	95.49
Other Receivables	10.87	3.74	4.08	3.27	1.62	2.6
Receivables	105.57	88.05	92.91	83.15	98.81	98.09
Inventory	168.27	182.95	191.42	232.52	161.95	234.5
Prepaid Expenses	-	12.41	12.63	12.73	9.34	9.47
Other Current Assets	26.7	0.11	0.47	0.66	1.06	61.44
Total Current Assets	441.73	447.48	470.62	468.99	449.93	513.67
Property, Plant & Equipment	267.37	271.64	277.18	293.53	300.02	336.06
Goodwill	0.68	0.68	0.68	0.68	0.68	0.68
Long-Term Deferred Tax Assets	-	-	0.36	0.09	-	-
Other Long-Term Assets	-	-	-	0.21	5.9	0.87
Total Assets	709.78	719.79	748.84	763.5	756.53	851.27
Accounts Payable	30.96	35.68	33.55	37.84	35.04	31.06
Accrued Expenses	-	27.15	30.35	27.41	29.99	27.75
Short-Term Debt	59.25	63.69	78.23	93.78	69.01	111.43
Current Portion of Long-Term Debt	-	1.8	1.68	-	-	2
Current Portion of Leases	1.13	4.53	1.67	2.49	1.66	2.49
Current Income Taxes Payable	0.17	0.82	1.02	0.76	1.07	0.64
Other Current Liabilities	41.58	0.54	1.2	1.4	18.25	56.22
Total Current Liabilities	133.09	134.21	147.71	163.67	155.02	231.58
Long-Term Debt	12.74	13.25	15.12	-	-	-
Long-Term Leases	6.13	6.13	0.48	1.62	0.27	1.23
Long-Term Deferred Tax Liabilities	0.47	0.25	-	0.82	0.22	1.67
Other Long-Term Liabilities	0.32	0.32	0.29	0.25	0.35	29.29
Total Liabilities	152.75	154.16	163.6	166.36	155.86	263.78
Common Stock	246.94	246.94	246.94	246.94	246.94	246.94
Retained Earnings	315.21	323.81	334.67	351.25	357.08	340.34
Treasury Stock	-24.32	-24.32	-24.32	-24.32	-24.32	-18.91
Comprehensive Income & Other	19.2	19.2	27.94	23.28	20.97	19.13
Shareholders' Equity	557.04	565.63	585.23	597.15	600.67	587.5
Total Liabilities & Equity	709.78	719.79	748.84	763.5	756.53	851.27
Total Debt	79.25	89.4	97.19	97.88	70.94	117.15
Net Cash (Debt)	61.94	74.56	76	42.05	107.84	-6.98
Net Cash Growth	-6.19%	-1.91%	80.76%	-61.01%	-	-
Net Cash Per Share	0.28	0.34	0.34	0.19	0.48	-0.03
Filing Date Shares Outstanding	220.41	220.53	220.53	220.53	220.53	227.71
Total Common Shares Outstanding	220.41	220.53	220.53	220.53	220.53	227.71
Working Capital	308.65	313.27	322.91	305.32	294.91	282.09
Book Value Per Share	2.53	2.56	2.65	2.71	2.72	2.58
Tangible Book Value	556.36	564.95	584.56	596.47	599.99	586.82
Tangible Book Value Per Share	2.52	2.56	2.65	2.70	2.72	2.58
Land	-	26.27	26.27	26.27	26.27	26.27
Buildings	-	256.09	277.79	277.75	277.21	278.43
Machinery	-	578.98	581.18	582.56	583.87	591.96
Construction In Progress	-	0.06	0.06	0.06	1.72	0.06

Source: S&P Global Market Intelligence. Standard template. Financial Sources.