WhiteHorse Finance, Inc. (WHF) Form 8-K — Nov 9, 2026
WhiteHorse Finance (Nasdaq: WHF) reported Q3 2026 net investment income of $4.4 million, or $0.207 per share, down from $6.1 million, or $0.263 per share, a year earlier. Core NII rose modestly to $0.224 per share from $0.217 in Q2, but still covers only about 90% of the $0.25 quarterly distribution. The quarter showed credit improvement: NAV per share rose for a second straight quarter to $11.82, non-accruals fell to 3.6% of debt investments at cost after a restructuring returned Kyjen (Outward Hound) to accrual status, and net realized/unrealized gains totaled $2.1 million.
Key figures
- Eps
- 0.3
- Revenue
- 14829000
- Net Income
- 6511000
- Total Debt
- 328500000
- Total Assets
- 607000000
- Cash Position
- 23100000
- Shares Outstanding
- 21476471
- Core nii
- 4806000
- Market cap
- $180.2MM
- Share price
- 8.39
- Net leverage
- 1.20x
- Nav per share
- 11.82
- Nii per share
- 0.207
- Dividend yield
- 11.9%
- Gross leverage
- 1.29x
- Core nii per share
- 0.224
- Portfolio fair value
- 569100000
- Distribution per share
- 0.25
- Incentive fee reduction
- 20.00% to 17.50% for quarter ending 12/31/2026
- Core nii dividend coverage
- 90%
- Non accrual pct of debt cost
- 3.6%
- Weighted avg effective yield
- 11.0%
- Special distribution per share
- 0.17
- Non accrual pct of debt fair value
- 1.6%
AI analysis
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