earnings
confidence high
sentiment negative
materiality 0.75
WhiteHorse Finance Q4 NII $0.343/sh; NAV down 3.6% to $12.31
WhiteHorse Finance, Inc.
- Total investment income $21.0M, down 8.1% from Q3; net investment income $7.98M ($0.343/sh).
- Net realized losses of $12.3M in Q4; net unrealized appreciation $8.2M partially offset.
- NAV per share fell to $12.31 from $12.77; total investments at fair value $642.2M.
- Declared $0.385/sh quarterly distribution, payable Apr 4, 2025 to holders of record Mar 21.
- CEO cites specific portfolio challenges; majority of credits stable and performing.