WhiteHorse Finance, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Interest expense | $23.1M | $27.9M | $29.9M | $21.9M | $16.6M |
| Income tax expense | $0 | $0 | $0 | $0 | — |
| Net income | $14.3M | $10.9M | $20.4M | $15.7M | $30.1M |
| Balance Sheet | |||||
| Cash and equivalents | $7.0M | $12.4M | $10.7M | $9.5M | $12.2M |
| Total assets | $615.1M | $676.8M | $730.8M | $796.5M | $851.0M |
| Total liabilities | $355.3M | $390.7M | $414.0M | $464.1M | $501.3M |
| Total debt | $328.5M | $356.0M | $391.0M | $445.1M | $481.6M |
| Stockholders' equity | $259.8M | $286.1M | $316.8M | $332.4M | $349.8M |
| Cash Flow Statement | |||||
| Cash from operations | $77.3M | $78.8M | $90.4M | $72.0M | -$90.2M |
| Share repurchases | $7.4M | — | — | — | — |
Shares outstanding 21.6M · Free float 57.3%
Annual filing data through FY ended December 31, 2025; float as of July 14, 2026.