WhiteHorse Financial Statements From 2010 to 2025

WHF Stock  USD 10.16  0.25  2.52%   
WhiteHorse Finance financial statements provide useful quarterly and yearly information to potential WhiteHorse Finance investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on WhiteHorse Finance financial statements helps investors assess WhiteHorse Finance's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting WhiteHorse Finance's valuation are summarized below:
Gross Profit
92.8 M
Profit Margin
0.1169
Market Capitalization
230.3 M
Enterprise Value Revenue
34.1574
Revenue
92.8 M
There are over one hundred nineteen available fundamental gauges for WhiteHorse Finance, which can be analyzed over time and compared to other ratios. Active traders should verify all of WhiteHorse Finance prevalent fundamental drivers against the trend between 2010 and 2025 to make sure the company can sustain itself down the road.

WhiteHorse Finance Total Revenue

97.46 Million

Check WhiteHorse Finance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among WhiteHorse Finance's main balance sheet or income statement drivers, such as Interest Expense of 14.8 M, Selling General Administrative of 3.9 M or Total Revenue of 97.5 M, as well as many indicators such as Price To Sales Ratio of 2.3 K, Dividend Yield of 0.0 or PTB Ratio of 966. WhiteHorse financial statements analysis is a perfect complement when working with WhiteHorse Finance Valuation or Volatility modules.
  
Check out the analysis of WhiteHorse Finance Correlation against competitors.
For more detail on how to invest in WhiteHorse Stock please use our How to Invest in WhiteHorse Finance guide.

WhiteHorse Finance Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets632.1 M676.8 M553.1 M
Slightly volatile
Short and Long Term Debt Total353.3 M444.8 M308.4 M
Slightly volatile
Total Current Liabilities18.7 M37.2 M15.3 M
Slightly volatile
Total Stockholder Equity312.1 M286.1 M278.6 M
Slightly volatile
Other LiabilitiesM742.5 K1.1 M
Pretty Stable
Accounts Payable13.6 M16.4 M11.2 M
Slightly volatile
Cash26.6 M27 M48.2 M
Slightly volatile
Non Current Assets Total545.7 M642.2 M460.1 M
Slightly volatile
Long Term Debt531.8 M506.5 M284.4 M
Slightly volatile
Cash And Short Term Investments25.6 M27 M105.8 M
Pretty Stable
Net Receivables6.5 M5.6 M5.4 M
Slightly volatile
Common Stock Total Equity21 K26.4 K19.4 K
Slightly volatile
Common Stock Shares Outstanding24.4 B23.2 BB
Slightly volatile
Liabilities And Stockholders Equity632.1 M676.8 M553.1 M
Slightly volatile
Non Current Liabilities Total29.7 M31.2 M197.6 M
Pretty Stable
Other Stockholder Equity318.5 M286.1 M283.7 M
Slightly volatile
Total Liabilities320.1 M390.7 M274.4 M
Slightly volatile
Total Current Assets31 M32.6 M119.8 M
Pretty Stable
Common Stock21.7 K26.4 K19.4 K
Slightly volatile
Inventory0.860.978.1 M
Slightly volatile
Net Tangible Assets321.3 M382.2 M285.4 M
Slightly volatile
Deferred Long Term Liabilities3.2 M3.6 M3.9 M
Slightly volatile
Long Term Investments598.1 M642.2 M422.7 M
Slightly volatile
Short and Long Term Debt172.8 M209.7 M159.5 M
Slightly volatile
Short Term Debt281.8 M444.8 M237.2 M
Slightly volatile
Long Term Debt Total269.9 M506.5 M281.6 M
Slightly volatile
Capital Surpluse327.8 M390.1 M305.1 M
Slightly volatile
Net Invested Capital716.8 M639.3 M575.9 M
Slightly volatile
Net Working Capital20 M19.5 M24.8 M
Slightly volatile
Capital Stock24.4 K26.4 K21.9 K
Slightly volatile

WhiteHorse Finance Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Interest Expense14.8 M27.9 M12 M
Slightly volatile
Selling General Administrative3.9 M5.1 M3.2 M
Slightly volatile
Total Revenue97.5 M92.8 M45.1 M
Slightly volatile
Other Operating Expenses4.9 M5.1 M13.3 M
Slightly volatile
Operating Income92.1 M87.7 M42.6 M
Slightly volatile
EBITDA41.4 M58.2 M39.9 M
Slightly volatile
Total Operating Expenses5.6 M5.1 M4.6 M
Slightly volatile
Interest Income65.7 M76.3 M48.8 M
Slightly volatile
Net Interest Income51.6 M48.4 M44.8 M
Slightly volatile
Tax Provision1.1 M1.1 M959.2 K
Slightly volatile
Research Development0.260.180.4063
Slightly volatile

WhiteHorse Finance Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow32.8 M24.5 M39.3 M
Slightly volatile
End Period Cash Flow31.9 M27.8 M53.9 M
Slightly volatile
Dividends Paid2.4 M2.5 M22.6 M
Very volatile
Other Cashflows From Investing Activities300.5 M252.1 M311.7 M
Very volatile
Cash And Cash Equivalents Changes200 K225 K245.3 K
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.3 K2.4 K23.4 K
Pretty Stable
Dividend Yield0.00.01.0E-4
Pretty Stable
PTB Ratio966786895
Pretty Stable
Days Sales Outstanding21.0422.1437168
Pretty Stable
Book Value Per Share0.01630.01230.015
Pretty Stable
PB Ratio966786895
Pretty Stable
EV To Sales2.3 K2.4 K23.4 K
Pretty Stable
Sales General And Administrative To Revenue0.05240.05520.4186
Pretty Stable
Average Inventory0.430.453.2 M
Pretty Stable
Cash Per Share0.00110.00120.0059
Pretty Stable
Interest Coverage5.933.14339.4161
Slightly volatile
Current Ratio0.830.875731.5828
Very volatile
Tangible Book Value Per Share0.01630.01230.015
Pretty Stable
Receivables Turnover9.7116.483211.2331
Slightly volatile
Graham Number0.01080.01140.0222
Slightly volatile
Shareholders Equity Per Share0.01630.01230.015
Pretty Stable
Debt To Equity0.711.10.8611
Slightly volatile
Revenue Per Share0.00420.0040.0023
Slightly volatile
Interest Debt Per Share0.00110.00120.0119
Very volatile
Debt To Assets0.350.480.4315
Slightly volatile
Enterprise Value Over EBITDA5.5 K7.6 K6.7 K
Slightly volatile
Price Book Value Ratio966786895
Pretty Stable
Operating Profit Margin0.90.94482.9597
Pretty Stable
Effective Tax Rate0.0890.09360.2346
Pretty Stable
Company Equity Multiplier1.592.36541.9234
Slightly volatile
Long Term Debt To Capitalization0.320.35820.3726
Slightly volatile
Total Debt To Capitalization0.370.490.4455
Slightly volatile
Return On Capital Employed0.140.13710.0795
Pretty Stable
Debt Equity Ratio0.711.10.8611
Slightly volatile
Ebit Per Revenue0.90.94482.9597
Pretty Stable
Net Income Per E B T1.060.90640.9771
Pretty Stable
Cash Ratio0.690.724510.9065
Slightly volatile
Days Of Sales Outstanding21.0422.1437168
Pretty Stable
Price To Book Ratio966786895
Pretty Stable
Enterprise Value Multiple5.5 K7.6 K6.7 K
Slightly volatile
Debt Ratio0.350.480.4315
Slightly volatile
Price Sales Ratio2.3 K2.4 K23.4 K
Pretty Stable
Asset Turnover0.140.13710.0817
Pretty Stable
Price Fair Value966786895
Pretty Stable

WhiteHorse Fundamental Market Drivers

Forward Price Earnings7.2464
Cash And Short Term Investments27 M

WhiteHorse Upcoming Events

29th of February 2024
Upcoming Quarterly Report
View
14th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
29th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About WhiteHorse Finance Financial Statements

WhiteHorse Finance stakeholders use historical fundamental indicators, such as WhiteHorse Finance's revenue or net income, to determine how well the company is positioned to perform in the future. Although WhiteHorse Finance investors may analyze each financial statement separately, they are all interrelated. For example, changes in WhiteHorse Finance's assets and liabilities are reflected in the revenues and expenses on WhiteHorse Finance's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in WhiteHorse Finance. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue-429.7 M-451.2 M
Total Revenue92.8 M97.5 M
Cost Of Revenue-3.5 K-3.3 K
Sales General And Administrative To Revenue 0.06  0.05 
Ebit Per Revenue 0.94  0.90 

Currently Active Assets on Macroaxis

When determining whether WhiteHorse Finance is a strong investment it is important to analyze WhiteHorse Finance's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact WhiteHorse Finance's future performance. For an informed investment choice regarding WhiteHorse Stock, refer to the following important reports:
Check out the analysis of WhiteHorse Finance Correlation against competitors.
For more detail on how to invest in WhiteHorse Stock please use our How to Invest in WhiteHorse Finance guide.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of WhiteHorse Finance. If investors know WhiteHorse will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about WhiteHorse Finance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.139
Dividend Share
1.54
Earnings Share
0.47
Revenue Per Share
3.993
Quarterly Revenue Growth
(0.18)
The market value of WhiteHorse Finance is measured differently than its book value, which is the value of WhiteHorse that is recorded on the company's balance sheet. Investors also form their own opinion of WhiteHorse Finance's value that differs from its market value or its book value, called intrinsic value, which is WhiteHorse Finance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because WhiteHorse Finance's market value can be influenced by many factors that don't directly affect WhiteHorse Finance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between WhiteHorse Finance's value and its price as these two are different measures arrived at by different means. Investors typically determine if WhiteHorse Finance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WhiteHorse Finance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.