WhiteHorse Finance (WHF) Total Debt (2012 - 2026)
WhiteHorse Finance (WHF) recorded Total Debt of $324.76 million in Q3 2026, up 0.4% from $323.53 million a year earlier and up 0.1% from the prior quarter.
WhiteHorse Finance (WHF) Total Debt (2012 - 2026) Analysis & Trends
At the end of FY2025, WhiteHorse Finance reported Total Debt of $323.83 million, down 8.3% from FY2024.
- Annual Total Debt has declined for three straight years, though with a five-year compound annual growth rate of 14.8% (FY2020 to FY2025).
- Across earlier years, Total Debt came in at $353.12 million in FY2024 (-31.4%), $514.91 million in FY2023 (-8.1%), $560.43 million in FY2022 (+128.7%) and $245 million in FY2021 (+50.6%).
- The Q3 2026 figure is the highest quarterly Total Debt since Q2 2025.
- On a year-over-year basis, Total Debt rose in two of the last eight quarters, with an average decline of 9.4%.
- Peak year-over-year performance for Total Debt in the last five years was growth of 246.7% in Q3 2022, against a decline of 31.4% in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $324.45 million (Q2 2026), $324.14 million (Q1 2026) and $323.83 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - | 8.59 Bn |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - | 35.62 Bn |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn | 38.77 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - | 4,169.25 Bn |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - | 8.11 Bn |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - | 2.90 Bn |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn | 146.15 Mn |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - | 13.04 Bn |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - | 38.38 Bn |
| 10 | WhiteHorse Finance | 177.40 Mn | 143.00 Mn | - | 324.76 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 324.76 Mn |
| Jun 30, 2026 | 324.45 Mn |
| Mar 31, 2026 | 324.14 Mn |
| Dec 31, 2025 | 323.83 Mn |
| Sep 30, 2025 | 323.53 Mn |
| Jun 30, 2025 | 363.18 Mn |
| Mar 31, 2025 | 361.13 Mn |
| Dec 31, 2024 | 353.12 Mn |
| Sep 30, 2024 | 352.80 Mn |
| Jun 30, 2024 | 358.90 Mn |
| Mar 31, 2024 | 390.33 Mn |
| Dec 31, 2023 | 514.91 Mn |
| Sep 30, 2023 | 398.15 Mn |
| Jun 30, 2023 | 424.71 Mn |
| Mar 31, 2023 | 423.66 Mn |
| Dec 31, 2022 | 560.43 Mn |
| Sep 30, 2022 | 430.99 Mn |
| Jun 30, 2022 | 179.71 Mn |
| Mar 31, 2022 | 177.97 Mn |
| Dec 31, 2021 | 245.00 Mn |
WhiteHorse Finance Total Debt 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-debt&ticker=WHF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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-debt&ticker=WHF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();