WhiteHorse Historical Income Statement
| WHF Stock | USD 10.54 0.05 0.48% |
Historical analysis of WhiteHorse Finance income statement accounts such as Depreciation And Amortization of 55.3 M, Interest Expense of 31.4 M, Selling General Administrative of 3.7 M or Total Revenue of 108.4 M can show how well WhiteHorse Finance performed in making a profits. Evaluating WhiteHorse Finance income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of WhiteHorse Finance's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining WhiteHorse Finance latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether WhiteHorse Finance is a good buy for the upcoming year.
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About WhiteHorse Income Statement Analysis
WhiteHorse Finance Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to WhiteHorse Finance shareholders. The income statement also shows WhiteHorse investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
WhiteHorse Finance Income Statement Chart
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Total Revenue
Total revenue comprises all receipts WhiteHorse Finance generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of WhiteHorse Finance. It is also known as WhiteHorse Finance overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from WhiteHorse Finance operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of WhiteHorse Finance is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Cost Of Revenue
Cost of Revenue is found on WhiteHorse Finance income statement and represents the costs associated with goods and services WhiteHorse Finance provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most accounts from WhiteHorse Finance's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into WhiteHorse Finance current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WhiteHorse Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. For more detail on how to invest in WhiteHorse Stock please use our How to Invest in WhiteHorse Finance guide.At this time, WhiteHorse Finance's Total Revenue is most likely to increase significantly in the upcoming years. The WhiteHorse Finance's current Gross Profit is estimated to increase to about 81.1 M, while Other Operating Expenses is projected to decrease to roughly 17.9 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 31.1M | 60.2M | 50.6M | 36.2M | Other Operating Expenses | 4.3M | 49.2M | 25.7M | 17.9M |
WhiteHorse Finance income statement Correlations
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WhiteHorse Finance Account Relationship Matchups
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WhiteHorse Finance income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | (45.5M) | (38.0M) | 7.6M | 37.5M | 52.6M | 55.3M | |
| Interest Expense | 13.5M | 13.1M | 16.6M | 21.9M | 29.9M | 31.4M | |
| Selling General Administrative | 3.0M | 3.6M | 4.3M | 4.6M | 4.3M | 3.7M | |
| Total Revenue | 34.2M | 36.0M | 35.4M | 21.4M | 103.3M | 108.4M | |
| Gross Profit | 34.2M | 36.0M | 35.4M | (2.0M) | 77.2M | 81.1M | |
| Other Operating Expenses | 2.6M | 3.6M | 4.3M | 49.2M | 25.7M | 17.9M | |
| Operating Income | 31.7M | 32.4M | 31.1M | 60.2M | 50.6M | 36.2M | |
| Ebit | 31.7M | 32.4M | 31.1M | (1.5M) | (2.0M) | (1.9M) | |
| Ebitda | 31.7M | 32.4M | 38.7M | 36.0M | 50.6M | 41.4M | |
| Cost Of Revenue | 32.1M | 20.8M | 22.2M | 23.3M | 26.0M | 27.4M | |
| Total Operating Expenses | 2.6M | 3.6M | 4.3M | 4.6M | 25.7M | 27.0M | |
| Income Before Tax | 31.7M | 32.4M | 31.1M | 16.7M | 20.4M | 30.4M | |
| Total Other Income Expense Net | (13.5M) | (13.1M) | (16.6M) | (40.9M) | (30.2M) | (28.7M) | |
| Net Income Applicable To Common Shares | 30.8M | 31.7M | 30.1M | 15.7M | 18.0M | 30.7M | |
| Net Income | 30.8M | 31.7M | 30.1M | 15.7M | 20.4M | 30.0M | |
| Net Income From Continuing Ops | 30.8M | 31.7M | 30.1M | 23.0M | 15.8M | 29.8M | |
| Income Tax Expense | 813K | 742K | 1.0M | 1.0M | 965K | 696K | |
| Interest Income | 57.5M | 56.6M | 63.2M | 76.5M | 89.5M | 63.7M | |
| Net Interest Income | 44.0M | 43.5M | 46.6M | 54.5M | 60.5M | 51.4M | |
| Tax Provision | 813K | 742K | 1.0M | 1.0M | 1.1M | 1.0M |
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When determining whether WhiteHorse Finance is a strong investment it is important to analyze WhiteHorse Finance's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact WhiteHorse Finance's future performance. For an informed investment choice regarding WhiteHorse Stock, refer to the following important reports:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WhiteHorse Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. For more detail on how to invest in WhiteHorse Stock please use our How to Invest in WhiteHorse Finance guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of WhiteHorse Finance. If investors know WhiteHorse will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about WhiteHorse Finance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.02 | Dividend Share 1.54 | Earnings Share 0.45 | Revenue Per Share 4.192 | Quarterly Revenue Growth (0.12) |
The market value of WhiteHorse Finance is measured differently than its book value, which is the value of WhiteHorse that is recorded on the company's balance sheet. Investors also form their own opinion of WhiteHorse Finance's value that differs from its market value or its book value, called intrinsic value, which is WhiteHorse Finance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because WhiteHorse Finance's market value can be influenced by many factors that don't directly affect WhiteHorse Finance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between WhiteHorse Finance's value and its price as these two are different measures arrived at by different means. Investors typically determine if WhiteHorse Finance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WhiteHorse Finance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.