Whitehorse Finance Stock Retained Earnings
| WHF Stock | USD 10.62 0.05 0.47% |
WhiteHorse Finance fundamentals help investors to digest information that contributes to WhiteHorse Finance's financial success or failures. It also enables traders to predict the movement of WhiteHorse Stock. The fundamental analysis module provides a way to measure WhiteHorse Finance's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to WhiteHorse Finance stock.
| Last Reported | Projected for Next Year | ||
| Retained Earnings | -21.5 M | -20.4 M | |
| Retained Earnings Total Equity | -6.2 M | -6.5 M |
WhiteHorse | Retained Earnings |
WhiteHorse Finance Company Retained Earnings Analysis
WhiteHorse Finance's Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
More About Retained Earnings | All Equity Analysis
Retained Earnings | = | Beginning RE + Income | - | Dividends |
Current WhiteHorse Finance Retained Earnings | (21.53 M) |
Most of WhiteHorse Finance's fundamental indicators, such as Retained Earnings, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, WhiteHorse Finance is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
WhiteHorse Retained Earnings Driver Correlations
Understanding the fundamental principles of building solid financial models for WhiteHorse Finance is extremely important. It helps to project a fair market value of WhiteHorse Stock properly, considering its historical fundamentals such as Retained Earnings. Since WhiteHorse Finance's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of WhiteHorse Finance's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of WhiteHorse Finance's interrelated accounts and indicators.
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Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
| Competition |
Based on the latest financial disclosure, WhiteHorse Finance has a Retained Earnings of (21.53 Million). This is 100.14% lower than that of the Capital Markets sector and 101.48% lower than that of the Financials industry. The retained earnings for all United States stocks is 100.23% higher than that of the company.
WhiteHorse Retained Earnings Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses WhiteHorse Finance's direct or indirect competition against its Retained Earnings to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of WhiteHorse Finance could also be used in its relative valuation, which is a method of valuing WhiteHorse Finance by comparing valuation metrics of similar companies.WhiteHorse Finance is currently under evaluation in retained earnings category among its peers.
WhiteHorse Finance Current Valuation Drivers
We derive many important indicators used in calculating different scores of WhiteHorse Finance from analyzing WhiteHorse Finance's financial statements. These drivers represent accounts that assess WhiteHorse Finance's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of WhiteHorse Finance's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 261.3M | 281.5M | 279.6M | 303.1M | 285.9M | 195.8M | |
| Enterprise Value | 413.1M | 576.1M | 656.4M | 734.9M | 661.9M | 362.2M |
WhiteHorse Finance ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, WhiteHorse Finance's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to WhiteHorse Finance's managers, analysts, and investors.Environmental | Governance | Social |
WhiteHorse Fundamentals
| Return On Equity | 0.0335 | ||||
| Return On Asset | 0.0611 | ||||
| Profit Margin | 0.11 % | ||||
| Operating Margin | 0.72 % | ||||
| Current Valuation | 587.31 M | ||||
| Shares Outstanding | 23.24 M | ||||
| Shares Owned By Insiders | 21.39 % | ||||
| Shares Owned By Institutions | 32.46 % | ||||
| Number Of Shares Shorted | 203.65 K | ||||
| Price To Earning | 8.80 X | ||||
| Price To Book | 0.83 X | ||||
| Price To Sales | 2.52 X | ||||
| Revenue | 103.26 M | ||||
| Gross Profit | 87.53 M | ||||
| EBITDA | 50.62 M | ||||
| Net Income | 20.41 M | ||||
| Cash And Equivalents | 9.23 M | ||||
| Cash Per Share | 0.40 X | ||||
| Total Debt | 386.76 M | ||||
| Debt To Equity | 1.22 % | ||||
| Current Ratio | 1.17 X | ||||
| Book Value Per Share | 12.77 X | ||||
| Cash Flow From Operations | 90.37 M | ||||
| Short Ratio | 2.62 X | ||||
| Earnings Per Share | 0.45 X | ||||
| Price To Earnings To Growth | 1.01 X | ||||
| Target Price | 11.33 | ||||
| Beta | 1.34 | ||||
| Market Capitalization | 245.68 M | ||||
| Total Asset | 730.75 M | ||||
| Retained Earnings | (21.53 M) | ||||
| Annual Yield | 0.15 % | ||||
| Five Year Return | 10.81 % | ||||
| Net Asset | 730.75 M | ||||
| Last Dividend Paid | 1.54 |
About WhiteHorse Finance Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze WhiteHorse Finance's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of WhiteHorse Finance using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of WhiteHorse Finance based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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 WhiteHorse Finance Piotroski F Score and WhiteHorse Finance Altman Z Score analysis. 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 Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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.