WhiteHorse Finance (WHF) — Cash Flow-to-Debt Ratio
WhiteHorse Finance (WHF) has a Cash Flow-to-Debt Ratio of 0.02x as of December 2025, meaning its operating cash flow of $7.94 Million could theoretically repay 0% of its total liabilities ($355.34 Million) in one year. See WhiteHorse Finance financial flexibility index to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
WhiteHorse Finance Cash Flow-to-Debt Ratio (2012–2025)
Historical debt coverage capacity for WhiteHorse Finance across 14 annual periods. For the full cash flow conversion analysis, see WhiteHorse Finance (WHF) cash flow conversion.
Annual Cash Flow-to-Debt Ratio for WhiteHorse Finance (2012–2025)
Year-by-year debt coverage analysis for WhiteHorse Finance. Check WhiteHorse Finance cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.05x | $19.28 Million | $355.34 Million | ▼ -73.1% |
| 2024 | 0.20x | $78.76 Million | $390.69 Million | ▼ -7.7% |
| 2023 | 0.22x | $90.37 Million | $413.98 Million | ▲ +40.7% |
| 2022 | 0.16x | $71.99 Million | $464.09 Million | ▲ +186.2% |
| 2021 | -0.18x | $-90.19 Million | $501.27 Million | ▼ -13.1% |
| 2020 | -0.16x | $-64.60 Million | $406.09 Million | ▲ +46.7% |
| 2019 | -0.30x | $-94.98 Million | $318.27 Million | ▼ -290.9% |
| 2018 | 0.16x | $31.07 Million | $198.80 Million | ▲ +332.9% |
| 2017 | 0.04x | $7.17 Million | $198.58 Million | ▼ -68.1% |
| 2016 | 0.11x | $22.26 Million | $196.84 Million | ▲ +604.4% |
| 2015 | -0.02x | $-4.51 Million | $201.18 Million | ▲ +96.8% |
| 2014 | -0.69x | $-139.76 Million | $201.48 Million | ▼ -665.0% |
| 2013 | -0.09x | $-13.34 Million | $147.15 Million | ▼ -141.6% |
| 2012 | 0.22x | $31.41 Million | $144.23 Million | — |