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Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. WhiteHorse Finance's Net Income for the three months ended in Sep. 2024 was $-6.86 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was $10.38 Mil.
Net Income is linked to the most popular Earnings per Share (Diluted) number. WhiteHorse Finance's Earnings per Share (Diluted) for the three months ended in Sep. 2024 was $-0.30.
The historical data trend for WhiteHorse Finance's Net Income can be seen below:
* 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 Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Net Income | Get a 7-Day Free Trial | 30.84 | 31.69 | 30.09 | 15.68 | 20.41 |
WhiteHorse Finance Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Net Income | Get a 7-Day Free Trial | 5.60 | 3.43 | 5.97 | 7.84 | -6.86 |
Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.
Net Income
= Revenue
- Cost of Goods Sold
- Selling, General, & Admin. Expense
- Research & Development
- Depreciation, Depletion and Amortization
- Interest Expense
- Non Operating Income (NRI) - Tax Expense + Others
= EBITDA
- Depreciation, Depletion and Amortization
- Interest Expense
- Non Operating Income (NRI) - Tax Expense + Others
= Operating Income
- Interest Expense
- Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others
WhiteHorse Finance's Net Income for the fiscal year that ended in Dec. 2023 is calculated as
Net Income | (A: Dec. 2023 ) | ||||||
= | Pre-Tax Income | + | Tax Provision | + | Net Income (Discontinued Operations) | + | Others |
= | 21.377 | + | -0.965 | + | 0 | + | 0 |
= | 20.41 |
WhiteHorse Finance's Net Income for the quarter that ended in Sep. 2024 is calculated as
Net Income | (Q: Sep. 2024 ) | ||||||
= | Pre-Tax Income | + | Tax Provision | + | Net Income (Discontinued Operations) | + | Others |
= | -6.564 | + | -0.294 | + | 0 | + | 0 |
= | -6.86 |
Net Income for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $10.38 Mil.
* 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 (NAS:WHF) Net Income Explanation
Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:
WhiteHorse Finance's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2024 is calculated as
Earnings per Share (Diluted) (Q: Sep. 2024 ) | = | (Net Income | - | Preferred Dividends) | / | Shares Outstanding (Diluted Average) |
= | (-6.858 | - | 0) | / | 23.243 | |
= | -0.30 |
* 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.
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
EPS is most useful for companies that have:
A predictable businessThe dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.
Be Aware
Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.
Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.
If net earnings is less than 10%, likely to be in a highly competitive business.
Thank you for viewing the detailed overview of WhiteHorse Finance's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.
John Bolduc | director | 1450 BRICKELL AVENUE, 31ST FLOOR, MIAMI FL 33131 |
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 |
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 |
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 |
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