WhiteHorse Finance (WHF) Total Net Assets (2012 - 2026)
WhiteHorse Finance (WHF) recorded Common Equity of $253.95 million in Q3 2026, down 4.3% from $265.25 million a year earlier but up 0.5% from the prior quarter.
WhiteHorse Finance (WHF) Total Net Assets (2012 - 2026) Analysis & Trends
At the end of FY2025, WhiteHorse Finance reported Common Equity of $259.79 million, down 9.2% from FY2024.
- Annual Common Equity has declined for three straight years, though with a five-year compound annual growth rate of 283.6% (FY2020 to FY2025).
- Across earlier years, Common Equity came in at $286.13 million in FY2024 (-9.7%), $316.77 million in FY2023 (-4.7%), $332.39 million in FY2022 and $349,751 in FY2021 (+11.8%).
- Quarterly Common Equity has ranged from $349,751 in Q4 2021 to $347.92 million in Q1 2022 over the past five years.
- On a year-over-year basis, Common Equity has declined for 15 consecutive quarters, with an average decline of 9.4% over the last eight quarters.
- Peak year-over-year performance for Common Equity in the last five years was growth of 11.8% in Q4 2021, against a decline of 12.1% in Q2 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $252.81 million (Q2 2026), $250.34 million (Q1 2026) and $259.79 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - |
| 10 | WhiteHorse Finance | 177.40 Mn | 143.00 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 253.95 Mn |
| Jun 30, 2026 | 252.81 Mn |
| Mar 31, 2026 | 250.34 Mn |
| Dec 31, 2025 | 259.79 Mn |
| Sep 30, 2025 | 265.25 Mn |
| Jun 30, 2025 | 274.75 Mn |
| Mar 31, 2025 | 281.45 Mn |
| Dec 31, 2024 | 286.13 Mn |
| Sep 30, 2024 | 296.88 Mn |
| Jun 30, 2024 | 312.68 Mn |
| Mar 31, 2024 | 313.79 Mn |
| Dec 31, 2023 | 316.77 Mn |
| Sep 30, 2023 | 322.30 Mn |
| Jun 30, 2023 | 325.30 Mn |
| Mar 31, 2023 | 330.02 Mn |
| Dec 31, 2022 | 332.39 Mn |
| Sep 30, 2022 | 343.02 Mn |
| Jun 30, 2022 | 347.43 Mn |
| Mar 31, 2022 | 347.92 Mn |
| Dec 31, 2021 | 349,751.00 |
WhiteHorse Finance Total Net Assets API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=total-net-assets&ticker=WHF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-net-assets", "ticker": "WHF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=total-net-assets&ticker=WHF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();