WhiteHorse Finance (WHF) - Cash Flow Conversion Efficiency
Based on the latest financial reports, WhiteHorse Finance (WHF) has a cash flow conversion efficiency ratio of 0.031x as of December 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($7.94 Million) by net assets ($259.79 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See debt-free asset ratio of WhiteHorse Finance to measure how much of total assets are equity-financed.
WhiteHorse Finance - Cash Flow Conversion Efficiency Trend (2012–2025)
This chart illustrates how WhiteHorse Finance's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is WhiteHorse Finance's earnings quality to evaluate the quality of earnings relative to operating cash generation.
WhiteHorse Finance Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of WhiteHorse Finance ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Welldone Co
TWO:6170
|
0.105x |
|
Cardiol Therapeutics Inc Class A
TO:CRDL
|
-0.292x |
|
Atp Ticari Bilgisayar Agi ve Elektrik Guc Kaynaklari Uretim Pazarlama ve Ticaret
IS:ATATP
|
-0.291x |
|
Domo Inc
NASDAQ:DOMO
|
-0.018x |
|
Asara Resources Ltd
AU:AS1
|
-0.027x |
|
SAI SILKS (KALAMANDIR) LIMITED
NSE:KALAMANDIR
|
0.143x |
|
THE REJECT SHOP LTD
F:RFD
|
N/A |
|
Tonlin Department Store Co Ltd
TW:2910
|
0.020x |
Annual Cash Flow Conversion Efficiency for WhiteHorse Finance (2012–2025)
The table below shows the annual cash flow conversion efficiency of WhiteHorse Finance from 2012 to 2025. For the full company profile with market capitalisation and key ratios, see WhiteHorse Finance market cap and net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $259.79 Million | $19.28 Million | 0.074x | -73.03% |
| 2024-12-31 | $286.13 Million | $78.76 Million | 0.275x | -3.52% |
| 2023-12-31 | $316.77 Million | $90.37 Million | 0.285x | +31.71% |
| 2022-12-31 | $332.39 Million | $71.99 Million | 0.217x | +183.99% |
| 2021-12-31 | $349.75 Million | $-90.19 Million | -0.258x | -24.91% |
| 2020-12-31 | $312.90 Million | $-64.60 Million | -0.206x | +31.98% |
| 2019-12-31 | $312.95 Million | $-94.98 Million | -0.303x | -407.96% |
| 2018-12-31 | $315.30 Million | $31.07 Million | 0.099x | +294.46% |
| 2017-12-31 | $286.95 Million | $7.17 Million | 0.025x | -72.01% |
| 2016-12-31 | $249.39 Million | $22.26 Million | 0.089x | +582.99% |
| 2015-12-31 | $244.05 Million | $-4.51 Million | -0.018x | +97.02% |
| 2014-12-31 | $225.36 Million | $-139.76 Million | -0.620x | -955.10% |
| 2013-12-31 | $227.00 Million | $-13.34 Million | -0.059x | -142.86% |
| 2012-12-31 | $229.05 Million | $31.41 Million | 0.137x | -- |
About WhiteHorse Finance
WhiteHorse Finance, Inc. is business development company, non-diversified, closed end management company specializing in originating senior secured loans, lower middle market, growth capital industries. It invests in broadline retail, office services and supplies, building products, health care services, health care supplies, research and consulting services, application software, home furnishing… Read more