WHF WhiteHorse Finance Inc

Price (delayed)

$12.4

Market cap

$288.21M

P/E Ratio

14.09

Dividend/share

$1.51

EPS

$0.88

Enterprise value

$651.7M

WhiteHorse Finance is a business development company that originates and invests in loans to privately held, lower middle market companies across a broad range of industries. The Company's investment activities ...

Highlights
The net income has increased by 30% year-on-year and by 29% since the previous quarter
WHF's EPS is up by 29% since the previous quarter and by 29% year-on-year
The price to earnings (P/E) is 20% less than the last 4 quarters average of 17.6 but 8% more than the 5-year quarterly average of 13.1
WHF's gross margin is down by 5% year-on-year
The equity has declined by 4.7% year-on-year

Key stats

What are the main financial stats of WHF
Market
Shares outstanding
23.24M
Market cap
$288.21M
Enterprise value
$651.7M
Valuations
Price to earnings (P/E)
14.09
Price to book (P/B)
0.91
Price to sales (P/S)
2.79
EV/EBIT
31.93
EV/EBITDA
31.93
EV/Sales
6.31
Earnings
Revenue
$103.26M
EBIT
$20.41M
EBITDA
$20.41M
Free cash flow
$90.37M
Per share
EPS
$0.88
Free cash flow per share
$3.89
Book value per share
$13.63
Revenue per share
$4.44
TBVPS
$31.44
Balance sheet
Total assets
$730.75M
Total liabilities
$413.98M
Debt
$386.76M
Equity
$316.77M
Working capital
N/A
Liquidity
Debt to equity
1.22
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
17.81
Margins
EBITDA margin
19.8%
Gross margin
46.5%
Net margin
19.8%
Operating margin
41.4%
Efficiency
Return on assets
2.7%
Return on equity
6.3%
Return on invested capital
1.8%
Return on capital employed
N/A
Return on sales
19.8%
Dividend
Dividend yield
12.18%
DPS
$1.51
Payout ratio
171.6%

WHF stock price

How has the WhiteHorse Finance stock price performed over time
Intraday
-1.2%
1 week
1.64%
1 month
-0.24%
1 year
-0.48%
YTD
0.81%
QTD
0.81%

Financial performance

How have WhiteHorse Finance's revenue and profit performed over time
Revenue
$103.26M
Gross profit
$47.98M
Operating income
$42.71M
Net income
$20.41M
Gross margin
46.5%
Net margin
19.8%
The net income has increased by 30% year-on-year and by 29% since the previous quarter
The net margin has grown by 30% from the previous quarter and by 11% YoY
WhiteHorse Finance's revenue has increased by 18% YoY
WhiteHorse Finance's operating income has increased by 15% YoY

Growth

What is WhiteHorse Finance's growth rate over time

Valuation

What is WhiteHorse Finance stock price valuation
P/E
14.09
P/B
0.91
P/S
2.79
EV/EBIT
31.93
EV/EBITDA
31.93
EV/Sales
6.31
WHF's EPS is up by 29% since the previous quarter and by 29% year-on-year
The price to earnings (P/E) is 20% less than the last 4 quarters average of 17.6 but 8% more than the 5-year quarterly average of 13.1
The equity has declined by 4.7% year-on-year
WHF's price to sales (P/S) is 27% lower than its 5-year quarterly average of 3.8 and 3.8% lower than its last 4 quarters average of 2.9
WhiteHorse Finance's revenue has increased by 18% YoY

Efficiency

How efficient is WhiteHorse Finance business performance
WHF's ROA is up by 42% YoY and by 35% from the previous quarter
The return on invested capital is up by 38% since the previous quarter and by 38% year-on-year
WHF's ROE is up by 37% YoY and by 31% QoQ
WHF's return on sales is up by 30% since the previous quarter and by 11% year-on-year

Dividends

What is WHF's dividend history
DPS
$1.51
Dividend yield
12.18%
Payout ratio
171.6%
Recent dividends

Financial health

How did WhiteHorse Finance financials performed over time
WHF's total assets is 77% greater than its total liabilities
WHF's total liabilities is down by 11% YoY and by 2.4% QoQ
WHF's total assets is down by 8% year-on-year and by 2.1% since the previous quarter
The debt is 22% more than the equity
The debt has contracted by 12% YoY and by 2.9% from the previous quarter
The company's debt to equity fell by 8% YoY

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.