WhiteHorse Non Operating Income Net Other vs Income Tax Expense Analysis
| WHF Stock | USD 10.47 0.07 0.66% |
WhiteHorse Finance financial indicator trend analysis is more than just analyzing WhiteHorse Finance current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WhiteHorse Finance is a good investment. Please check the relationship between WhiteHorse Finance Non Operating Income Net Other and its Income Tax Expense accounts. 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.
Non Operating Income Net Other vs Income Tax Expense
Non Operating Income Net Other vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WhiteHorse Finance Non Operating Income Net Other account and Income Tax Expense. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between WhiteHorse Finance's Non Operating Income Net Other and Income Tax Expense is -0.18. Overlapping area represents the amount of variation of Non Operating Income Net Other that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of WhiteHorse Finance, assuming nothing else is changed. The correlation between historical values of WhiteHorse Finance's Non Operating Income Net Other and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Operating Income Net Other of WhiteHorse Finance are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Non Operating Income Net Other i.e., WhiteHorse Finance's Non Operating Income Net Other and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | -0.18 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Non Operating Income Net Other
Income Tax Expense
Most indicators from WhiteHorse Finance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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.The current Selling General Administrative is estimated to decrease to about 3.7 M. The current Tax Provision is estimated to decrease to about 1 M
| 2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 31.1M | 60.2M | 73.6M | 38.3M | Other Operating Expenses | 4.3M | 49.2M | 25.7M | 17.9M |
WhiteHorse Finance fundamental ratios Correlations
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WhiteHorse Finance Account Relationship Matchups
High Positive Relationship
High Negative Relationship
WhiteHorse Finance fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 631.2M | 719.0M | 851.0M | 796.5M | 730.8M | 622.8M | |
| Short Long Term Debt Total | 598.0M | 384.9M | 476.8M | 470.3M | 386.8M | 353.3M | |
| Other Current Liab | (10.9M) | (11.4M) | (12.7M) | (11.0M) | (13.1M) | (12.5M) | |
| Total Current Liabilities | 10.9M | 11.4M | 12.7M | 2.3M | 27.2M | 28.5M | |
| Total Stockholder Equity | 313.0M | 312.9M | 349.8M | 332.4M | 316.8M | 311.8M | |
| Other Liab | 143K | 372K | 839K | 825K | 742.5K | 1.0M | |
| Net Debt | 294.6M | 376.8M | 464.6M | 431.7M | (10.7M) | (10.2M) | |
| Retained Earnings | 12.2M | 12.9M | 10.6M | (6.9M) | (21.5M) | (20.4M) | |
| Accounts Payable | 10.9M | 11.4M | 12.7M | 13.4M | 13.1M | 9.6M | |
| Cash | 4.3M | 8.1M | 12.2M | 9.5M | 10.7M | 10.2M | |
| Non Current Assets Total | 589.7M | 690.7M | 819.2M | 109.7M | 1.3B | 1.3B | |
| Non Currrent Assets Other | (631.2M) | (719.0M) | (851.0M) | (1.4B) | (696.2M) | (661.4M) | |
| Other Assets | 30.9M | 8.9M | 12.1M | 18.9M | (558.4M) | (530.5M) | |
| Long Term Debt | 182.1M | 176.0M | 298.9M | 440.4M | 506.5M | 531.8M | |
| Cash And Short Term Investments | 4.3M | 8.1M | 12.2M | 660.0M | 10.7M | 10.2M | |
| Net Receivables | 6.4M | 11.2M | 7.5M | 8.1M | 8.9M | 6.6M | |
| Liabilities And Stockholders Equity | 631.2M | 719.0M | 851.0M | 796.5M | 730.8M | 622.8M | |
| Non Current Liabilities Total | 298.9M | 384.9M | 476.8M | 461.8M | 27.2M | 25.8M | |
| Other Current Assets | (33.9M) | 1.1M | 1.3M | (35.1M) | 1.2M | 1.3M | |
| Other Stockholder Equity | 300.7M | 300.0M | 339.2M | 339.2M | 338.3M | 318.8M | |
| Total Liab | 318.3M | 406.1M | 501.3M | 464.1M | 414.0M | 310.9M | |
| Total Current Assets | 10.7M | 19.3M | 19.7M | 667.9M | 20.8M | 19.8M | |
| Net Tangible Assets | 313.0M | 312.9M | 349.8M | 332.4M | 382.2M | 321.3M | |
| Long Term Investments | 589.7M | 690.7M | 819.2M | 760.2M | 696.2M | 587.3M | |
| Capital Surpluse | 302.3M | 301.6M | 300.7M | 339.2M | 390.1M | 327.8M | |
| Net Invested Capital | 612.0M | 698.1M | 826.5M | 773.6M | 703.2M | 718.8M |
Currently Active Assets on Macroaxis
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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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.