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Price (delayed)
$11.92
Market cap
$277.06M
P/E Ratio
12.04
Dividend/share
$1.54
EPS
$0.99
Enterprise value
$615.05M
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 surged by 63% year-on-year and by 21% since the previous quarter
WHF's EPS has surged by 62% year-on-year and by 21% since the previous quarter
The equity has declined by 3.9% year-on-year
WHF's gross margin is down by 2.9% year-on-year
Key stats
What are the main financial stats of WHF
Market
Valuations
Earnings
Shares outstanding
23.24M
Market cap
$277.06M
Enterprise value
$615.05M
Price to earnings (P/E)
12.04
Price to book (P/B)
0.89
Price to sales (P/S)
2.76
EV/EBIT
26.94
EV/EBITDA
26.94
EV/Sales
6.12
Revenue
$100.46M
EBIT
$22.83M
EBITDA
$22.83M
Free cash flow
$101.2M
Per share
Balance sheet
Liquidity
EPS
$0.99
Free cash flow per share
$4.35
Book value per share
$13.45
Revenue per share
$4.32
TBVPS
$30.25
Total assets
$703.18M
Total liabilities
$390.5M
Debt
$359.28M
Equity
$312.68M
Working capital
N/A
Debt to equity
1.15
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
14.8
Margins
Efficiency
Dividend
EBITDA margin
22.7%
Gross margin
46.9%
Net margin
22.7%
Operating margin
41.3%
Return on assets
3.1%
Return on equity
7.2%
Return on invested capital
2.1%
Return on capital employed
N/A
Return on sales
22.7%
Dividend yield
12.92%
DPS
$1.54
Payout ratio
155.6%
WHF stock price
How has the WhiteHorse Finance stock price performed over time
Intraday
1.62%
1 week
0%
1 month
2.67%
1 year
-2.69%
YTD
-3.09%
QTD
3.03%
Financial performance
How have WhiteHorse Finance's revenue and profit performed over time
Revenue
$100.46M
Gross profit
$47.1M
Operating income
$41.52M
Net income
$22.83M
Gross margin
46.9%
Net margin
22.7%
The net income has surged by 63% year-on-year and by 21% since the previous quarter
The net margin has soared by 61% YoY and by 23% from the previous quarter
WHF's operating margin is down by 2.8% YoY
WHF's gross margin is down by 2.9% year-on-year
Growth
What is WhiteHorse Finance's growth rate over time
Valuation
What is WhiteHorse Finance stock price valuation
P/E
12.04
P/B
0.89
P/S
2.76
EV/EBIT
26.94
EV/EBITDA
26.94
EV/Sales
6.12
WHF's EPS has surged by 62% year-on-year and by 21% since the previous quarter
The price to earnings (P/E) is 20% less than the last 4 quarters average of 15.1 and 14% less than the 5-year quarterly average of 14.0
The equity has declined by 3.9% year-on-year
WHF's price to sales (P/S) is 23% lower than its 5-year quarterly average of 3.6
WhiteHorse Finance's revenue has decreased by 2.1% QoQ
Efficiency
How efficient is WhiteHorse Finance business performance
The return on invested capital has surged by 75% year-on-year and by 24% since the previous quarter
WHF's ROA has soared by 72% YoY and by 24% from the previous quarter
WHF's ROE has soared by 71% YoY and by 22% QoQ
WHF's return on sales has surged by 61% year-on-year and by 23% since the previous quarter
Dividends
What is WHF's dividend history
DPS
$1.54
Dividend yield
12.92%
Payout ratio
155.6%
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did WhiteHorse Finance financials performed over time
WHF's total assets is 80% greater than its total liabilities
WHF's total liabilities is down by 13% YoY and by 7% QoQ
WHF's total assets is down by 9% year-on-year and by 4.3% since the previous quarter
The debt is 15% more than the equity
The debt has contracted by 16% YoY and by 8% from the previous quarter
The company's debt to equity fell by 12% YoY and by 7% QoQ
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.