Switch to:
Also traded in: Germany

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry
vs
history
Cash-to-Debt 0.08
WHF's Cash-to-Debt is ranked lower than
94% of the 1574 Companies
in the Global Asset Management industry.

( Industry Median: 9999.00 vs. WHF: 0.08 )
Ranked among companies with meaningful Cash-to-Debt only.
WHF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05  Med: 0.11 Max: No Debt
Current: 0.08
Equity-to-Asset 0.55
WHF's Equity-to-Asset is ranked lower than
77% of the 1445 Companies
in the Global Asset Management industry.

( Industry Median: 0.85 vs. WHF: 0.55 )
Ranked among companies with meaningful Equity-to-Asset only.
WHF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.53  Med: 0.57 Max: 1
Current: 0.55
0.53
1
Interest Coverage 3.07
WHF's Interest Coverage is ranked lower than
90% of the 1426 Companies
in the Global Asset Management industry.

( Industry Median: 768.53 vs. WHF: 3.07 )
Ranked among companies with meaningful Interest Coverage only.
WHF' s Interest Coverage Range Over the Past 10 Years
Min: 2.08  Med: 3.3 Max: 37.31
Current: 3.07
2.08
37.31
Piotroski F-Score: 6
Altman Z-Score: 1.24
WACC vs ROIC
6.26%
6.45%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry
vs
history
Operating Margin % 49.56
WHF's Operating Margin % is ranked lower than
51% of the 1498 Companies
in the Global Asset Management industry.

( Industry Median: 50.80 vs. WHF: 49.56 )
Ranked among companies with meaningful Operating Margin % only.
WHF' s Operating Margin % Range Over the Past 10 Years
Min: 44.09  Med: 50.16 Max: 94.21
Current: 49.56
44.09
94.21
Net Margin % 65.58
WHF's Net Margin % is ranked higher than
59% of the 1501 Companies
in the Global Asset Management industry.

( Industry Median: 40.64 vs. WHF: 65.58 )
Ranked among companies with meaningful Net Margin % only.
WHF' s Net Margin % Range Over the Past 10 Years
Min: -6.01  Med: 52.05 Max: 88.31
Current: 65.58
-6.01
88.31
ROE % 14.32
WHF's ROE % is ranked higher than
72% of the 1588 Companies
in the Global Asset Management industry.

( Industry Median: 6.46 vs. WHF: 14.32 )
Ranked among companies with meaningful ROE % only.
WHF' s ROE % Range Over the Past 10 Years
Min: -1.2  Med: 8.64 Max: 17.27
Current: 14.32
-1.2
17.27
ROA % 7.95
WHF's ROA % is ranked higher than
68% of the 1617 Companies
in the Global Asset Management industry.

( Industry Median: 3.64 vs. WHF: 7.95 )
Ranked among companies with meaningful ROA % only.
WHF' s ROA % Range Over the Past 10 Years
Min: -0.65  Med: 5.09 Max: 10.6
Current: 7.95
-0.65
10.6
ROC (Joel Greenblatt) % 1198.35
WHF's ROC (Joel Greenblatt) % is ranked higher than
84% of the 955 Companies
in the Global Asset Management industry.

( Industry Median: 68.89 vs. WHF: 1198.35 )
Ranked among companies with meaningful ROC (Joel Greenblatt) % only.
WHF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 120.78  Med: 2009 Max: 7134.18
Current: 1198.35
120.78
7134.18
GuruFocus has detected 8 Warning Signs with WhiteHorse Finance Inc $WHF.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
» WHF's 30-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Operating Cash Flow & Free Cash Flow
Operating Cash Flow & Net Income

» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Business Description

Industry: Asset Management » Asset Management    NAICS: 523920    SIC: 6726
Compare:OTCPK:DVSPF, NAS:CSWC, NAS:CIFC, NYSE:JP, AMEX:FTF, NAS:SUNS, AMEX:EVM, NAS:GLAD, NYSE:NUO, AMEX:DHY, NYSE:NUM, OTCPK:TSRUF, NAS:NEWT, AMEX:NBH, NYSE:SFE, NAS:GAIN, AMEX:GLQ, AMEX:NRO, NYSE:MVC, AMEX:NVX » details
Traded in other countries:M9X.Germany,
Headquarter Location:USA
WhiteHorse Finance Inc is a non-diversified, closed-end management investment company. It makes debt investments in privately held, small-cap companies located in North America.

WhiteHorse Finance Inc was formed on December 28, 2011 and commenced its operations on January 1, 2012 as H.I.G. WhiteHorse Holdings, LLC, a Delaware limited liability company. The Company is a closed-ended investment company. It mainly makes debt investments in privately held, small-cap companies located in the United States. Its objective is to generate risk-adjusted returns mainly by originating secured loans to small-cap companies across a broad range of industries. The company derives its revenues from the receipt of interest payments, as well as origination and other fees, capital appreciation and dividends. Its investment activities are managed by WhiteHorse Advisers.

Ratios

vs
industry
vs
history
PE Ratio 7.45
WHF's PE Ratio is ranked higher than
69% of the 1200 Companies
in the Global Asset Management industry.

( Industry Median: 12.67 vs. WHF: 7.45 )
Ranked among companies with meaningful PE Ratio only.
WHF' s PE Ratio Range Over the Past 10 Years
Min: 6.66  Med: 10.54 Max: 51.17
Current: 7.45
6.66
51.17
PE Ratio without NRI 7.45
WHF's PE Ratio without NRI is ranked higher than
70% of the 1207 Companies
in the Global Asset Management industry.

( Industry Median: 12.88 vs. WHF: 7.45 )
Ranked among companies with meaningful PE Ratio without NRI only.
WHF' s PE Ratio without NRI Range Over the Past 10 Years
Min: 6.66  Med: 10.54 Max: 51.17
Current: 7.45
6.66
51.17
PB Ratio 1.05
WHF's PB Ratio is ranked lower than
58% of the 1518 Companies
in the Global Asset Management industry.

( Industry Median: 1.00 vs. WHF: 1.05 )
Ranked among companies with meaningful PB Ratio only.
WHF' s PB Ratio Range Over the Past 10 Years
Min: 0.7  Med: 0.9 Max: 1.05
Current: 1.05
0.7
1.05
PS Ratio 4.90
WHF's PS Ratio is ranked higher than
57% of the 1306 Companies
in the Global Asset Management industry.

( Industry Median: 6.13 vs. WHF: 4.90 )
Ranked among companies with meaningful PS Ratio only.
WHF' s PS Ratio Range Over the Past 10 Years
Min: 3.05  Med: 4.8 Max: 8.59
Current: 4.9
3.05
8.59
Price-to-Free-Cash-Flow 11.78
WHF's Price-to-Free-Cash-Flow is ranked higher than
61% of the 400 Companies
in the Global Asset Management industry.

( Industry Median: 15.14 vs. WHF: 11.78 )
Ranked among companies with meaningful Price-to-Free-Cash-Flow only.
WHF' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 4.74  Med: 9.9 Max: 14.07
Current: 11.78
4.74
14.07
Price-to-Operating-Cash-Flow 11.78
WHF's Price-to-Operating-Cash-Flow is ranked higher than
60% of the 810 Companies
in the Global Asset Management industry.

( Industry Median: 16.22 vs. WHF: 11.78 )
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
WHF' s Price-to-Operating-Cash-Flow Range Over the Past 10 Years
Min: 4.74  Med: 9.9 Max: 14.07
Current: 11.78
4.74
14.07
EV-to-EBIT 10.00
WHF's EV-to-EBIT is ranked higher than
54% of the 1168 Companies
in the Global Asset Management industry.

( Industry Median: 11.17 vs. WHF: 10.00 )
Ranked among companies with meaningful EV-to-EBIT only.
WHF' s EV-to-EBIT Range Over the Past 10 Years
Min: -0.1  Med: 11.3 Max: 51.5
Current: 10
-0.1
51.5
EV-to-EBITDA 10.00
WHF's EV-to-EBITDA is ranked higher than
52% of the 1194 Companies
in the Global Asset Management industry.

( Industry Median: 10.57 vs. WHF: 10.00 )
Ranked among companies with meaningful EV-to-EBITDA only.
WHF' s EV-to-EBITDA Range Over the Past 10 Years
Min: -0.1  Med: 11.3 Max: 51.5
Current: 10
-0.1
51.5
Current Ratio 1.94
WHF's Current Ratio is ranked lower than
69% of the 1095 Companies
in the Global Asset Management industry.

( Industry Median: 4.57 vs. WHF: 1.94 )
Ranked among companies with meaningful Current Ratio only.
WHF' s Current Ratio Range Over the Past 10 Years
Min: 0.58  Med: 2.53 Max: 74.63
Current: 1.94
0.58
74.63
Quick Ratio 1.94
WHF's Quick Ratio is ranked lower than
68% of the 1095 Companies
in the Global Asset Management industry.

( Industry Median: 4.29 vs. WHF: 1.94 )
Ranked among companies with meaningful Quick Ratio only.
WHF' s Quick Ratio Range Over the Past 10 Years
Min: 0.58  Med: 2.53 Max: 74.63
Current: 1.94
0.58
74.63
Days Sales Outstanding 38.25
WHF's Days Sales Outstanding is ranked higher than
52% of the 513 Companies
in the Global Asset Management industry.

( Industry Median: 40.33 vs. WHF: 38.25 )
Ranked among companies with meaningful Days Sales Outstanding only.
WHF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 12.01  Med: 26.27 Max: 38.25
Current: 38.25
12.01
38.25

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield % 9.82
WHF's Dividend Yield % is ranked higher than
91% of the 1508 Companies
in the Global Asset Management industry.

( Industry Median: 4.08 vs. WHF: 9.82 )
Ranked among companies with meaningful Dividend Yield % only.
WHF' s Dividend Yield % Range Over the Past 10 Years
Min: 0.72  Med: 10.8 Max: 15.14
Current: 9.82
0.72
15.14
Dividend Payout Ratio 0.73
WHF's Dividend Payout Ratio is ranked lower than
52% of the 932 Companies
in the Global Asset Management industry.

( Industry Median: 0.53 vs. WHF: 0.73 )
Ranked among companies with meaningful Dividend Payout Ratio only.
WHF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.73  Med: 1.09 Max: 1.12
Current: 0.73
0.73
1.12
Forward Dividend Yield % 9.82
WHF's Forward Dividend Yield % is ranked higher than
89% of the 1397 Companies
in the Global Asset Management industry.

( Industry Median: 4.06 vs. WHF: 9.82 )
Ranked among companies with meaningful Forward Dividend Yield % only.
N/A
5-Year Yield-on-Cost % 9.82
WHF's 5-Year Yield-on-Cost % is ranked higher than
84% of the 1783 Companies
in the Global Asset Management industry.

( Industry Median: 4.65 vs. WHF: 9.82 )
Ranked among companies with meaningful 5-Year Yield-on-Cost % only.
WHF' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.72  Med: 10.8 Max: 15.14
Current: 9.82
0.72
15.14

Valuation & Return

vs
industry
vs
history
Price-to-Tangible-Book 1.05
WHF's Price-to-Tangible-Book is ranked lower than
56% of the 1455 Companies
in the Global Asset Management industry.

( Industry Median: 1.02 vs. WHF: 1.05 )
Ranked among companies with meaningful Price-to-Tangible-Book only.
WHF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.77  Med: 0.88 Max: 1.05
Current: 1.05
0.77
1.05
Price-to-Median-PS-Value 1.03
WHF's Price-to-Median-PS-Value is ranked lower than
53% of the 1012 Companies
in the Global Asset Management industry.

( Industry Median: 1.01 vs. WHF: 1.03 )
Ranked among companies with meaningful Price-to-Median-PS-Value only.
WHF' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.71  Med: 0.97 Max: 1.77
Current: 1.03
0.71
1.77
Price-to-Graham-Number 0.59
WHF's Price-to-Graham-Number is ranked higher than
67% of the 1055 Companies
in the Global Asset Management industry.

( Industry Median: 0.80 vs. WHF: 0.59 )
Ranked among companies with meaningful Price-to-Graham-Number only.
WHF' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.53  Med: 0.63 Max: 1.31
Current: 0.59
0.53
1.31
Earnings Yield (Greenblatt) % 10.00
WHF's Earnings Yield (Greenblatt) % is ranked higher than
67% of the 1613 Companies
in the Global Asset Management industry.

( Industry Median: 5.01 vs. WHF: 10.00 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) % only.
WHF' s Earnings Yield (Greenblatt) % Range Over the Past 10 Years
Min: -1162.6  Med: 8.8 Max: 13071.8
Current: 10
-1162.6
13071.8

More Statistics

Revenue (TTM) (Mil) $54.01
EPS (TTM) $ 1.94
Beta0.89
Short Percentage of Float0.18%
52-Week Range $10.30 - 14.75
Shares Outstanding (Mil)18.32
» More Articles for WHF

Headlines

Articles On GuruFocus.com
WhiteHorse Finance, Inc. Announces Quarterly Distribution Jun 02 2017 
WhiteHorse Finance, Inc. To Report First Quarter Financial Results Apr 14 2017 

More From Other Websites
Falling Earnings Estimates Signal Weakness Ahead for Fifth Street Finance (FSC) Jun 09 2017
WhiteHorse Finance, Inc. Announces Quarterly Distribution Jun 02 2017
Edited Transcript of WHF earnings conference call or presentation 5-May-17 2:00pm GMT May 09 2017
Investor Network: WhiteHorse Finance, Inc. to Host Earnings Call May 05 2017
WhiteHorse posts 1Q profit May 05 2017
WhiteHorse Finance, Inc. Announces First Quarter 2017 Earnings Results May 05 2017
WhiteHorse Finance, Inc. To Report First Quarter Financial Results Apr 14 2017
/C O R R E C T I O N -- WhiteHorse Finance, Inc./ Mar 17 2017
Edited Transcript of WHF earnings conference call or presentation 2-Mar-17 3:00pm GMT Mar 02 2017
WhiteHorse Finance, Inc. Announces Fourth Quarter and Full Year 2016 Earnings Results Mar 02 2017
WhiteHorse Finance, Inc. To Report Fourth Quarter And Full Year 2016 Financial Results Feb 09 2017
Edited Transcript of WHF earnings conference call or presentation 3-Nov-16 2:00pm GMT Nov 03 2016
WhiteHorse Finance, Inc. To Report Third Quarter Financial Results Oct 18 2016
Whitehorse Finance Downgraded To Neutral At Baird, Cites Higher Balance Sheet Risk Aug 09 2016
Edited Transcript of WHF earnings conference call or presentation 5-Aug-16 2:00pm GMT Aug 05 2016
WhiteHorse Finance, Inc. Announces Second Quarter 2016 Earnings Results Aug 05 2016
Finance Stocks' Q2 Earnings Slated on Aug 5: AINV, OFS, WHF Aug 04 2016

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}