World Acceptance Financials

WRLD Stock  USD 121.70  3.61  3.06%   
Based on the measurements of operating efficiency obtained from World Acceptance's historical financial statements, World Acceptance may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter. At present, World Acceptance's Property Plant And Equipment Net is projected to increase significantly based on the last few years of reporting. The current year's Net Debt is expected to grow to about 594.4 M, whereas Total Assets are forecasted to decline to about 566.6 M. Key indicators impacting World Acceptance's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.110.1473
Way Down
Slightly volatile
Return On Assets0.10.0732
Significantly Up
Slightly volatile
Return On Equity0.210.1822
Fairly Up
Slightly volatile
Debt Equity Ratio1.111.1687
Notably Down
Pretty Stable
Current Ratio10.711.2626
Notably Down
Slightly volatile
Investors should never underestimate World Acceptance's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor World Acceptance's cash flow, debt, and profitability to make informed and accurate decisions about investing in World Acceptance.

Net Income

48.21 Million

  
Understanding current and past World Acceptance Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of World Acceptance's financial statements are interrelated, with each one affecting the others. For example, an increase in World Acceptance's assets may result in an increase in income on the income statement.

World Acceptance Earnings Geography

Please note, the presentation of World Acceptance's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, World Acceptance's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of World Acceptance's management manipulating its earnings.

World Acceptance Stock Summary

World Acceptance competes with FirstCash, Enova International, Green Dot, Medallion Financial, and Orix Corp. World Acceptance Corporation, together with its subsidiaries, engages in small-loan consumer finance business. World Acceptance Corporation was founded in 1962 and is headquartered in Greenville, South Carolina. World Acceptance operates under Credit Services classification in the United States and is traded on NASDAQ Exchange. It employs 3121 people.
Specialization
Financial Services, Financial Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS9814191048
CUSIP981419104
LocationSouth Carolina; U.S.A
Business Address104 South Main
SectorConsumer Finance
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.loansbyworld.com
Phone864 298 9800
CurrencyUSD - US Dollar

World Acceptance Key Financial Ratios

World Acceptance Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.0B954.3M1.2B1.1B1.1B566.6M
Net Debt542.2M481.0M760.6M662.5M566.1M594.4M
Retained Earnings184.7M149.3M92.1M97.2B138.0M131.1M
Cash11.6M15.7M19.2M16.5M11.8M9.7M
Other Assets853.9M791.2M1.1B972.9M1.01.05
Total Liab613.6M549.3M845.3M732.1M631.9M663.5M
Total Current Assets15.9M15.7M19.2M16.5M862.4M819.3M
Other Current Liab(59.7M)(34.6M)(52.2M)(44.9M)5.5M5.2M
Accounts Payable59.7M23.1M44.8M42.3M48.5M32.7M
Other Current Assets(11.6M)(15.7M)(19.2M)(16.5M)3.1M2.9M
Long Term Debt451.1M405.0M692.4M595.3M496.0M307.7M
Intangible Assets24.4M23.5M19.8M15.3M11.1M10.5M
Net Receivables4.3M733.7B985.5B887.8B3.1M2.9M
Net Tangible Assets380.1M374.0M345.9M362.6M417.0M432.5M
Long Term Debt Total244.9M251.9M451.1M405.0M364.5M296.7M
Capital Surpluse175.9M198.1M227.2M255.6M293.9M171.1M
Common Stock414.5M404.9M373.0M424.4M488.1M512.5M
Net Invested Capital863.1M405.0M692.4M595.3M920.5M579.0M

World Acceptance Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense25.9M25.7M33.4M50.5M48.2M50.6M
Operating Income35.9M111.4M105.7M77.6M151.6M77.3M
Ebit40.7M(238.9M)(372.7M)(450.4M)147.6M155.0M
Ebitda40.9M149.5M110.7M88.5M158.5M82.3M
Net Income28.2M88.3M53.9M21.2M77.3M48.2M
Income Tax Expense6.8M23.1M11.7M5.9M22.1M25.2M
Total Revenue590.6M530.8M585.6M616.6M525.0M358.3M
Gross Profit408.9M444.6M399.4M357.1M562.3M590.4M
Income Before Tax34.9M111.4M65.6M27.1M99.4M77.8M
Cost Of Revenue181.7M86.2M186.2M259.5M(37.3M)(35.5M)
Tax Provision6.8M23.1M11.7M5.9M22.1M23.1M
Net Interest Income482.4M425.4M452.2M457.9M420.3M359.9M
Interest Income508.3M451.1M485.7M508.3M468.5M528.2M

World Acceptance Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash2.3M4.1M3.5M(2.7M)(4.7M)(4.4M)
Free Cash Flow269.7M215.3M275.4M285.7M259.9M144.9M
Depreciation12.2M12.4M11.7M10.9M10.9M7.0M
Other Non Cash Items206.4M116.1M204.6M273.9M169.8M95.4M
Capital Expenditures11.3M11.7M6.1M5.8M5.9M6.2M
Net Income28.2M88.3M53.9M21.2M77.3M49.9M
End Period Cash Flow11.6M15.7M19.2M16.5M11.8M9.7M
Change To Netincome210.9M114.0M193.3M263.7M303.3M318.4M
Investments(183.5M)(28.9M)(460.9M)(180.6M)(135.1M)(141.9M)
Net Borrowings198.2M(46.9M)291.5M(96.3M)(110.8M)(105.2M)
Dividends Paid4.6M12.3M12.8M654.9K753.2K715.5K

World Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining World Acceptance's current stock value. Our valuation model uses many indicators to compare World Acceptance value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across World Acceptance competition to find correlations between indicators driving World Acceptance's intrinsic value. More Info.
World Acceptance is rated second in return on equity category among its peers. It is rated first in return on asset category among its peers reporting about  0.43  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for World Acceptance is roughly  2.32 . At present, World Acceptance's Return On Equity is projected to slightly decrease based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value World Acceptance by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

World Acceptance Systematic Risk

World Acceptance's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. World Acceptance volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on World Acceptance correlated with the market. If Beta is less than 0 World Acceptance generally moves in the opposite direction as compared to the market. If World Acceptance Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one World Acceptance is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of World Acceptance is generally in the same direction as the market. If Beta > 1 World Acceptance moves generally in the same direction as, but more than the movement of the benchmark.

World Acceptance Thematic Clasifications

World Acceptance is part of Momentum investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Macroaxis long run momentum stocks. Large corporations operating in software, education, financial and car manufacturing industries
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Today, most investors in World Acceptance Stock are looking for potential investment opportunities by analyzing not only static indicators but also various World Acceptance's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of World Acceptance growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0371

At present, World Acceptance's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

World Acceptance November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of World Acceptance help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of World Acceptance. We use our internally-developed statistical techniques to arrive at the intrinsic value of World Acceptance based on widely used predictive technical indicators. In general, we focus on analyzing World Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build World Acceptance's daily price indicators and compare them against related drivers.

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When running World Acceptance's price analysis, check to measure World Acceptance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy World Acceptance is operating at the current time. Most of World Acceptance's value examination focuses on studying past and present price action to predict the probability of World Acceptance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move World Acceptance's price. Additionally, you may evaluate how the addition of World Acceptance to your portfolios can decrease your overall portfolio volatility.
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