WHF
WhiteHorse Finance, Inc.
Price Chart
Latest Quote
$6.78
Current Price| Previous Close | $6.71 |
| Open | $6.74 |
| Day High | $6.83 |
| Day Low | $6.61 |
| Volume | 113,816 |
Stock Information
| Quarterly Dividend / Yield | $1.41 / 20.72% |
| Shares Outstanding | 23.24M |
| Total Debt | $323.53M |
| Cash Equivalents | $9.54M |
| Revenue | $76.34M |
| Net Income | $9.86M |
| Sector | Financial Services |
| Industry | Asset Management |
| Market Cap | $157.59M |
| P/E Ratio | 15.77 |
| EPS (TTM) | $0.43 |
| Exchange | NMS |
đ Custom Metrics & Score
Score: 10/42| Debt to Equity | 1.23 |
| Debt to Earnings | 29.50 |
| Avg Revenue Growth | -12.91% |
| Profit Margin | 63.47% |
| Return on Equity | 3.79% |
| Avg FCF Growth | -46.83% |
| FCF Yield | 49.98% |
Score Explanation: The perfect score is 42/42 based on debt levels, profitability, growth rates, and cash flow metrics. FCF Yield is weighted most heavily as it shows what return the business currently generates.
Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-02-02 | $6.78 | 114,300 |
| 2026-01-30 | $6.71 | 77,200 |
| 2026-01-29 | $6.78 | 91,500 |
| 2026-01-28 | $6.82 | 166,600 |
| 2026-01-27 | $6.84 | 84,300 |
| 2026-01-26 | $6.82 | 77,900 |
| 2026-01-23 | $6.92 | 63,800 |
| 2026-01-22 | $6.99 | 81,400 |
| 2026-01-21 | $6.94 | 186,500 |
| 2026-01-20 | $7.01 | 305,400 |
| 2026-01-16 | $6.92 | 97,000 |
| 2026-01-15 | $7.04 | 58,500 |
| 2026-01-14 | $6.98 | 62,100 |
| 2026-01-13 | $6.85 | 124,300 |
| 2026-01-12 | $6.87 | 107,200 |
| 2026-01-09 | $6.95 | 48,500 |
| 2026-01-08 | $6.99 | 84,800 |
| 2026-01-07 | $6.89 | 150,500 |
| 2026-01-06 | $7.09 | 130,600 |
| 2026-01-05 | $7.22 | 259,500 |
About WhiteHorse Finance, Inc.
WhiteHorse Finance, Inc. is business development company, non-diversified, closed end management company specializing in originating senior secured loans, lower middle market, growth capital industries. It invests in broadline retail, office services and supplies, building products, health care services, health care supplies, research and consulting services, application software, home furnishings, specialized consumer services, data processing and outsourced services, leisure facilities, cable, and satellite. It prefers to invest in United States. It typically invests between $5 million to $25 million in companies having enterprise value of between $50 million and $350 million.
đ° Latest News
B. Riley Cuts WhiteHorse Finance (WHF) Price Target to $7.50 After Soft Q3 Results
Insider Monkey âĸ 2025-11-18T07:40:40Z
WhiteHorse Finance Inc (WHF) Q3 2025 Earnings Call Highlights: Navigating Market Challenges ...
GuruFocus.com âĸ 2025-11-11T01:04:40ZWhiteHorse Finance (WHF) Q3 Earnings and Revenues Lag Estimates
Zacks âĸ 2025-11-10T14:05:02Z
WhiteHorse: Q3 Earnings Snapshot
Associated Press Finance âĸ 2025-11-10T13:05:44ZImplied Volatility Surging for WhiteHorse Finance Stock Options
Zacks âĸ 2025-09-10T12:40:00Z
New Strong Sell Stocks for August 14th
Zacks âĸ 2025-08-14T09:42:00Z
WhiteHorse Finance (WHF) Q2 Earnings and Revenues Miss Estimates
Zacks âĸ 2025-08-07T12:45:06Z
WhiteHorse: Q2 Earnings Snapshot
Associated Press Finance âĸ 2025-08-07T11:42:00ZPhenixFIN (PFX) Q3 Earnings and Revenues Top Estimates
Zacks âĸ 2025-08-06T21:40:03Z
WhiteHorse Finance Inc (WHF) Q1 2025 Earnings Call Highlights: Navigating Market Challenges ...
GuruFocus.com âĸ 2025-05-14T07:16:06ZIncome Statement (Annual)
Revenue
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Total Revenue | $17,095,000 | $25,682,000 | $21,353,000 | $35,353,000 |
| Operating Revenue | $17,095,000 | $25,682,000 | $21,353,000 | $35,353,000 |
Expenses
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Interest Expense | $27,899,000 | $29,915,000 | $21,940,000 | $16,594,000 |
| Operating Expense | $5,123,000 | $4,305,000 | $4,646,000 | $4,255,000 |
| General And Administrative Expense | $5,123,000 | $4,305,000 | $4,646,000 | $4,255,000 |
| Other Operating Expenses | - | - | - | $1,004,000 |
Income & Earnings
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Net Income From Continuing Operation Net Minority Interest | $10,851,000 | $20,412,000 | $15,683,000 | $30,094,000 |
| Net Interest Income | $48,434,000 | $58,066,000 | $52,075,000 | $46,558,000 |
| Interest Income | $76,333,000 | $87,981,000 | $74,015,000 | $63,152,000 |
| Normalized Income | $10,851,000 | $20,412,000 | $15,683,000 | $30,094,000 |
| Net Income From Continuing And Discontinued Operation | $10,851,000 | $20,412,000 | $15,683,000 | $30,094,000 |
| Net Income Common Stockholders | $10,851,000 | $20,412,000 | $15,683,000 | $30,094,000 |
| Net Income | $10,851,000 | $20,412,000 | $15,683,000 | $30,094,000 |
| Net Income Including Noncontrolling Interests | $10,851,000 | $20,412,000 | $15,683,000 | $30,094,000 |
| Net Income Continuous Operations | $10,851,000 | $20,412,000 | $15,683,000 | $30,094,000 |
| Pretax Income | $11,972,000 | $21,377,000 | $16,707,000 | $31,098,000 |
Per Share Metrics
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Diluted EPS | $0.47 | $0.88 | $0.68 | $1.42 |
| Basic EPS | $0.47 | $0.88 | $0.68 | $1.42 |
Other
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Tax Effect Of Unusual Items | $0 | $0 | $0 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Diluted Average Shares | $23,243,088 | $23,243,088 | $23,229,552 | $21,150,168 |
| Basic Average Shares | $23,243,088 | $23,243,088 | $23,229,552 | $21,150,168 |
| Diluted NI Availto Com Stockholders | $10,851,000 | $20,412,000 | $15,683,000 | $30,094,000 |
| Tax Provision | $1,121,000 | $965,000 | $1,024,000 | $1,004,000 |
| Gain On Sale Of Security | $-17,980,000 | $-3,000 | $-13,958,000 | $8,553,000 |
| Selling General And Administration | $5,123,000 | $4,305,000 | $4,646,000 | $4,255,000 |
Balance Sheet (Annual)
Assets
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Net Tangible Assets | $286,134,000 | $316,772,000 | $332,387,000 | $349,751,000 |
| Total Assets | $676,821,000 | $730,751,000 | $796,474,000 | $851,019,000 |
| Investmentin Financial Assets | $642,233,000 | $696,168,000 | $760,228,000 | $819,208,000 |
| Financial Assets Designatedas Fair Value Through Profitor Loss Total | $642,213,000 | $696,168,000 | $760,228,000 | $819,208,000 |
| Receivables | $5,743,000 | $8,492,000 | $8,097,000 | $7,521,000 |
| Cash And Cash Equivalents | $12,424,000 | $10,749,000 | $9,508,000 | $12,185,000 |
| Cash Cash Equivalents And Federal Funds Sold | $27,836,000 | $24,880,000 | $26,975,000 | $22,983,000 |
| Prepaid Assets | - | $1,211,000 | $1,174,000 | $1,307,000 |
Debt
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Net Debt | $340,693,000 | $375,699,000 | $430,919,000 | $463,773,000 |
| Total Debt | $353,117,000 | $386,448,000 | $440,427,000 | $475,958,000 |
| Long Term Debt And Capital Lease Obligation | $353,117,000 | $386,448,000 | $440,427,000 | $475,958,000 |
Liabilities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Total Liabilities Net Minority Interest | $390,687,000 | $413,979,000 | $464,087,000 | $501,268,000 |
| Derivative Product Liabilities | $0 | $43,000 | $3,000 | $0 |
| Payables | $37,230,000 | $27,172,000 | $22,832,000 | $24,471,000 |
| Other Payable | $20,780,000 | $14,065,000 | $9,478,000 | $11,724,000 |
| Accounts Payable | $16,450,000 | $13,107,000 | $13,354,000 | $12,747,000 |
Equity
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Common Stock Equity | $286,134,000 | $316,772,000 | $332,387,000 | $349,751,000 |
| Total Equity Gross Minority Interest | $286,134,000 | $316,772,000 | $332,387,000 | $349,751,000 |
| Stockholders Equity | $286,134,000 | $316,772,000 | $332,387,000 | $349,751,000 |
| Retained Earnings | $-51,094,000 | $-21,526,000 | $-6,876,000 | $10,567,000 |
Other
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Ordinary Shares Number | $23,243,088 | $23,243,088 | $23,243,088 | $23,162,667 |
| Share Issued | $23,243,088 | $23,243,088 | $23,243,088 | $23,162,667 |
| Tangible Book Value | $286,134,000 | $316,772,000 | $332,387,000 | $349,751,000 |
| Invested Capital | $639,251,000 | $703,220,000 | $772,814,000 | $825,709,000 |
| Total Capitalization | $639,251,000 | $703,220,000 | $772,814,000 | $825,709,000 |
| Additional Paid In Capital | $337,205,000 | $338,275,000 | $339,240,000 | $339,161,000 |
| Capital Stock | $23,000 | $23,000 | $23,000 | $23,000 |
| Common Stock | $23,000 | $23,000 | $23,000 | $23,000 |
| Investments And Advances | $642,233,000 | $696,168,000 | $760,228,000 | $819,208,000 |
Cash Flow Statement (Annual)
Free Cash Flow
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Free Cash Flow | $78,758,000 | $90,369,000 | $71,994,000 | $-90,193,000 |
Operating Activities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | $78,758,000 | $90,369,000 | $71,994,000 | $-90,193,000 |
Financing Activities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Issuance Of Capital Stock | $0 | $0 | $125,000 | $37,486,000 |
| Financing Cash Flow | $-75,396,000 | $-92,125,000 | $-68,488,000 | $97,014,000 |
| Net Other Financing Charges | $0 | $0 | $0 | $0 |
| Cash Dividends Paid | $-41,489,000 | $-35,329,000 | $-33,143,000 | $-29,797,000 |
| Common Stock Dividend Paid | $-41,489,000 | $-35,329,000 | $-33,143,000 | $-29,797,000 |
| Net Common Stock Issuance | $0 | $0 | $125,000 | $37,486,000 |
| Common Stock Issuance | $0 | $0 | $125,000 | $37,486,000 |
Other
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Repayment Of Debt | $-153,222,000 | $-222,099,000 | $-175,417,000 | $-366,011,000 |
| Issuance Of Debt | $119,315,000 | $166,748,000 | $140,527,000 | $457,795,000 |
| End Cash Position | $27,836,000 | $24,487,000 | $26,264,000 | $22,468,000 |
| Beginning Cash Position | $24,487,000 | $26,264,000 | $22,468,000 | $15,945,000 |
| Effect Of Exchange Rate Changes | $-13,000 | $-21,000 | $290,000 | $-298,000 |
| Changes In Cash | $3,362,000 | $-1,756,000 | $3,506,000 | $6,821,000 |
| Net Issuance Payments Of Debt | $-33,907,000 | $-55,351,000 | $-34,890,000 | $91,784,000 |
| Net Long Term Debt Issuance | $-33,907,000 | $-55,351,000 | $-34,890,000 | $91,784,000 |
| Long Term Debt Payments | $-153,222,000 | $-222,099,000 | $-175,417,000 | $-366,011,000 |
| Long Term Debt Issuance | $119,315,000 | $166,748,000 | $140,527,000 | $457,795,000 |
| Change In Working Capital | $13,033,000 | $2,701,000 | $-1,506,000 | $7,128,000 |
| Change In Other Current Liabilities | $24,000 | $-509,000 | $-14,000 | $467,000 |
| Change In Payable | $10,058,000 | $3,642,000 | $-1,668,000 | $2,699,000 |
| Change In Prepaid Assets | $202,000 | $-37,000 | $133,000 | $-246,000 |
| Change In Receivables | $2,749,000 | $-395,000 | $43,000 | $4,208,000 |
| Other Non Cash Items | $-9,683,000 | $-8,632,000 | $-6,440,000 | $-5,839,000 |
| Gain Loss On Investment Securities | $65,655,000 | $74,649,000 | $66,144,000 | $-121,482,000 |
| Net Foreign Currency Exchange Gain Loss | $-1,098,000 | $1,239,000 | $-1,887,000 | $-94,000 |
| Net Income From Continuing Operations | $10,851,000 | $20,412,000 | $15,683,000 | $30,094,000 |