WhiteHorse Return On Tangible Assets from 2010 to 2024

WHF Stock  USD 10.62  0.05  0.47%   
WhiteHorse Finance's Return On Tangible Assets are decreasing over the last several years with slightly volatile swings. Return On Tangible Assets are predicted to flatten to 0.03. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.02793291
Current Value
0.0265
Quarterly Volatility
0.03642111
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check WhiteHorse Finance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among WhiteHorse Finance's main balance sheet or income statement drivers, such as Depreciation And Amortization of 55.3 M, Interest Expense of 31.4 M or Selling General Administrative of 3.7 M, as well as many indicators such as Price To Sales Ratio of 2.63, Dividend Yield of 0.088 or PTB Ratio of 0.71. WhiteHorse financial statements analysis is a perfect complement when working with WhiteHorse Finance Valuation or Volatility modules.
  
Check out the analysis of WhiteHorse Finance Correlation against competitors.
For more detail on how to invest in WhiteHorse Stock please use our How to Invest in WhiteHorse Finance guide.

Latest WhiteHorse Finance's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of WhiteHorse Finance over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. WhiteHorse Finance's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in WhiteHorse Finance's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

WhiteHorse Return On Tangible Assets Regression Statistics

Arithmetic Mean0.06
Coefficient Of Variation63.29
Mean Deviation0.03
Median0.05
Standard Deviation0.04
Sample Variance0
Range0.1178
R-Value(0.60)
Mean Square Error0.0009
R-Squared0.36
Significance0.02
Slope(0)
Total Sum of Squares0.02

WhiteHorse Return On Tangible Assets History

2024 0.0265
2023 0.0279
2022 0.0197
2021 0.0354
2020 0.0441
2019 0.0489

About WhiteHorse Finance Financial Statements

WhiteHorse Finance stakeholders use historical fundamental indicators, such as WhiteHorse Finance's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although WhiteHorse Finance investors may analyze each financial statement separately, they are all interrelated. For example, changes in WhiteHorse Finance's assets and liabilities are reflected in the revenues and expenses on WhiteHorse Finance's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in WhiteHorse Finance. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.03  0.03 

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 the analysis of WhiteHorse Finance Correlation against competitors.
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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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.