WhiteHorse Finance, Inc. (WHF)

WhiteHorse Finance Statistics

Total Valuation

WHF has a market cap or net worth of $227.32 million. The enterprise value is $569.17 million.

Market Cap	227.32M
Enterprise Value	569.17M

Important Dates

The next estimated earnings date is Wednesday, May 7, 2025, before market open.

Earnings Date	May 7, 2025
Ex-Dividend Date	Mar 21, 2025

Share Statistics

WHF has 23.24 million shares outstanding.

Current Share Class	23.24M
Shares Outstanding	23.24M
Shares Change (YoY)	n/a
Shares Change (QoQ)	n/a
Owned by Insiders (%)	4.39%
Owned by Institutions (%)	16.51%
Float	n/a

Valuation Ratios

The trailing PE ratio is 20.95 and the forward PE ratio is 7.39.

PE Ratio	20.95
Forward PE	7.39
PS Ratio	2.46
Forward PS	2.69
PB Ratio	0.80
P/TBV Ratio	0.80
P/FCF Ratio	n/a
P/OCF Ratio	2.90
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	52.45
EV / Sales	6.13
EV / EBITDA	n/a
EV / EBIT	8.59
EV / FCF	n/a

Financial Position

The company has a current ratio of 0.45, with a Debt / Equity ratio of 1.23.

Current Ratio	0.45
Quick Ratio	0.24
Debt / Equity	1.23
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	2.37

Financial Efficiency

Return on equity (ROE) is 3.60% and return on invested capital (ROIC) is 6.17%.

Return on Equity (ROE)	3.60%
Return on Assets (ROA)	5.88%
Return on Invested Capital (ROIC)	6.17%
Return on Capital Employed (ROCE)	11.05%
Revenue Per Employee	n/a
Profits Per Employee	n/a
Employee Count	n/a
Asset Turnover	0.13
Inventory Turnover	n/a

Taxes

In the past 12 months, WHF has paid $1.12 million in taxes.

Income Tax	1.12M
Effective Tax Rate	9.36%

Stock Price Statistics

The stock price has decreased by -23.74% in the last 52 weeks. The beta is 1.09, so WHF's price volatility has been similar to the market average.

Beta (5Y)	1.09
52-Week Price Change	-23.74%
50-Day Moving Average	10.02
200-Day Moving Average	10.90
Relative Strength Index (RSI)	56.46
Average Volume (20 Days)	124,416

Short Selling Information

The latest short interest is 311,059, so 1.34% of the outstanding shares have been sold short.

Short Interest	311,059
Short Previous Month	338,115
Short % of Shares Out	1.34%
Short % of Float	n/a
Short Ratio (days to cover)	2.97

Income Statement

In the last 12 months, WHF had revenue of $92.82 million and earned $10.85 million in profits. Earnings per share was $0.47.

Revenue	92.82M
Gross Profit	92.82M
Operating Income	66.26M
Pretax Income	22.83M
Net Income	10.85M
EBITDA	n/a
EBIT	66.26M
Earnings Per Share (EPS)	$0.47

Balance Sheet

The company has $12.42 million in cash and $353.12 million in debt, giving a net cash position of -$340.69 million or -$14.66 per share.

Cash & Cash Equivalents	12.42M
Total Debt	353.12M
Net Cash	-340.69M
Net Cash Per Share	-$14.66
Equity (Book Value)	286.13M
Book Value Per Share	12.31
Working Capital	-42.51M

Cash Flow

Operating Cash Flow	78.76M
Capital Expenditures	n/a
Free Cash Flow	n/a
FCF Per Share	n/a

Margins

Gross margin is 100.00%, with operating and profit margins of 71.39% and 11.69%.

Gross Margin	100.00%
Operating Margin	71.39%
Pretax Margin	12.90%
Profit Margin	11.69%
EBITDA Margin	n/a
EBIT Margin	71.39%
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of $1.54, which amounts to a dividend yield of 15.75%.

Dividend Per Share	$1.54
Dividend Yield	15.75%
Dividend Growth (YoY)	18.21%
Years of Dividend Growth	2
Payout Ratio	329.87%
Buyback Yield	n/a
Shareholder Yield	15.67%
Earnings Yield	4.75%
FCF Yield	n/a

Analyst Forecast

The average price target for WHF is $10.83, which is 10.74% higher than the current price. The consensus rating is "Sell".

Price Target	$10.83
Price Target Difference	10.74%
Analyst Consensus	Sell
Analyst Count	4
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

WHF has an Altman Z-Score of 0.71 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	0.71
Piotroski F-Score	5