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WhiteHorse Finance (WhiteHorse Finance) Scaled Net Operating Assets : 0.93 (As of Dec. 2023)


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What is WhiteHorse Finance Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

WhiteHorse Finance's operating assets for the quarter that ended in Dec. 2023 was $720.00 Mil. WhiteHorse Finance's operating liabilities for the quarter that ended in Dec. 2023 was $27.53 Mil. WhiteHorse Finance's Total Assets for the quarter that ended in Sep. 2023 was $746.55 Mil. Therefore, WhiteHorse Finance's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.93.

WhiteHorse Finance Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

WhiteHorse Finance's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(720.002-27.531)/796.474
=0.87

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=730.751 - 10.749
=720.002

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=413.979 - 386.448 - 0
=27.531

WhiteHorse Finance's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Sep. 2023 )
=(720.002-27.531)/746.546
=0.93

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=730.751 - 10.749
=720.002

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=413.979 - 386.448 - 0
=27.531

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

WhiteHorse Finance Scaled Net Operating Assets Related Terms

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WhiteHorse Finance (WhiteHorse Finance) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » WhiteHorse Finance Inc (NAS:WHF) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
M9X:Germany
Address
1450 Brickell Avenue, 31st Floor, Miami, FL, USA, 33131
Website
https://www.whitehorsefinance.com
WhiteHorse Finance Inc is a non-diversified, closed-end management investment company. It makes debt investments in privately held; small-cap companies located in United States. Its investment objective is to generate attractive risk-adjusted returns for investors, primarily by originating senior secured loans to privately held small-cap companies across a broad range of industries.
Executives
John Bolduc director 1450 BRICKELL AVENUE, 31ST FLOOR, MIAMI FL 33131
Marco A. Collazos officer: Chief Compliance Officer 1450 BRICKELL AVENUE, 31ST FLOOR, MIAMI FL 33131
Stuart D Aronson director, officer: Chief Executive Officer C/O WHITEHORSE FINANCE, INC., 1450 BRICKELL AVENUE, 31ST FLOOR, MIAMI FL 33131
Joyson Thomas officer: Chief Financial Officer C/O WHITEHORSE FINANCE, INC., 1450 BRICKELL AVENUE, 31ST FLOOR, MIAMI FL 33131
G Stacy Smith director 300 CRESCENT COURT SUITE 1111, DALLAS TX 75201
Rick Patrick Frier director 11808 PLEASANT WYATT PLACE, CHARLOTTE NC 28277
Anthony Tamer 10 percent owner 1001 SOUTH BAYSHORE DRIVE, STE 2708, MIAMI FL 33131
Sami Mnaymneh 10 percent owner 1001 SOUTH BAYSHORE DRIVE, STE 2708, MIAMI FL 33131
Kevin Francis Burke director C/O WHITEHORSE FINANCE, INC., 1450 BRICKELL AVENUE, 31ST FLOOR, MIAMI FL 33131
Rick D Puckett director 440 S. CHURCH STREET, SUITE 700, CHARLOTTE NC 28202
Edward J. Giordano officer: Chief Financial Officer C/O H.I.G. CAPITAL, LLC, 1450 BRICKELL AVENUE, 31ST FLOOR, MIAMI FL 33131
Gerhard Lombard officer: Chief Financial Officer 600 FIFTH AVENUE, 19TH FLOOR, NEW YORK NY 10020
Carvell James Demus Iii director, officer: Chief Executive Officer 200 CRESCENT COURT, SUITE 1414, DALLAS TX 75201
Tom C Davis director DEAN FOODS COMPANY, 2515 MCKINNEY AVE STE 1200, DALLAS TX 75201
William D Markert director, officer: CHIEF OPERATING OFFICER EVP - NETWORK FINANCIAL MANAGEMENT, 1467 ASHBOURNE CIRCLE, SHAKOPEE MN 55379