WhiteHorse Finance (WHF) — Cash Flow Quality Index

Latest as of December 2025: 1.86x

WhiteHorse Finance (WHF) has a Cash Flow Quality Index of 1.86x as of December 2025. Operating cash flow of $7.94 Million exceeds net income of $4.26 Million, indicating high earnings quality where cash backs reported profits. Explore WHF long-term asset investment ratio to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

1.86x
Operating CF / Net Income

Operating Cash Flow

$7.94 Million
USD

Net Income

$4.26 Million
USD

Data as of

Dec 2025
Most recent filing

WhiteHorse Finance Cash Flow Quality Index (2012–2025)

Historical Cash Flow Quality Index for WhiteHorse Finance across 13 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check WHF goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for WhiteHorse Finance (2012–2025)

Year-by-year earnings quality comparison for WhiteHorse Finance. For live market cap and the full company financial profile, see WHF market cap overview.

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 0.72x $19.28 Million $26.77 Million ▼ -90.1%
2024 7.26x $78.76 Million $10.85 Million ▲ +63.9%
2023 4.43x $90.37 Million $20.41 Million ▼ -3.6%
2022 4.59x $71.99 Million $15.68 Million ▲ +253.2%
2021 -3.00x $-90.19 Million $30.09 Million ▼ -47.0%
2020 -2.04x $-64.60 Million $31.68 Million ▲ +33.8%
2019 -3.08x $-94.98 Million $30.84 Million ▼ -667.9%
2018 0.54x $31.07 Million $57.30 Million ▲ +160.6%
2017 0.21x $7.17 Million $34.45 Million ▼ -70.7%
2016 0.71x $22.26 Million $31.33 Million ▲ +109.9%
2014 -7.15x $-139.76 Million $19.54 Million ▼ -919.9%
2013 -0.70x $-13.34 Million $19.03 Million ▼ -188.3%
2012 0.79x $31.41 Million $39.56 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.