World Historical Income Statement

WRLD Stock  USD 121.70  3.61  3.06%   
Historical analysis of World Acceptance income statement accounts such as Interest Expense of 50.6 M, Other Operating Expenses of 498.7 M, Operating Income of 77.3 M or Ebit of 155 M can show how well World Acceptance performed in making a profits. Evaluating World Acceptance income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of World Acceptance's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining World Acceptance latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether World Acceptance is a good buy for the upcoming year.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in World Acceptance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade World Stock refer to our How to Trade World Stock guide.

About World Income Statement Analysis

World Acceptance Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to World Acceptance shareholders. The income statement also shows World investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

World Acceptance Income Statement Chart

At present, World Acceptance's EBIT is projected to decrease significantly based on the last few years of reporting. The current year's Income Tax Expense is expected to grow to about 25.2 M, whereas Operating Income is forecasted to decline to about 77.3 M.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of World Acceptance. It is also known as World Acceptance overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of World Acceptance minus its cost of goods sold. It is profit before World Acceptance operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most accounts from World Acceptance's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into World Acceptance current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in World Acceptance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade World Stock refer to our How to Trade World Stock guide.At present, World Acceptance's EBIT is projected to decrease significantly based on the last few years of reporting. The current year's Income Tax Expense is expected to grow to about 25.2 M, whereas Operating Income is forecasted to decline to about 77.3 M.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization483.4M538.9M10.9M10.3M
Income Tax Expense11.7M5.9M22.1M25.2M

World Acceptance income statement Correlations

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0.190.05-0.360.061.0-0.11-0.040.390.13-0.350.18-0.64-0.09-0.640.65-0.3-0.16-0.07-0.050.150.21-0.04-0.33-0.15
0.10.050.350.980.060.920.84-0.130.350.20.6-0.260.92-0.270.260.430.130.450.36-0.08-0.430.410.020.11
-0.32-0.360.350.26-0.350.470.62-0.97-0.130.2-0.11-0.170.56-0.180.170.59-0.340.60.59-0.18-0.20.580.680.23
0.140.060.980.260.070.920.78-0.030.370.210.62-0.230.9-0.240.240.410.190.360.26-0.12-0.470.3-0.050.12
0.181.00.06-0.350.07-0.1-0.020.370.12-0.350.17-0.67-0.07-0.670.67-0.28-0.17-0.05-0.030.150.2-0.02-0.31-0.14
-0.11-0.110.920.470.92-0.10.84-0.270.430.380.54-0.260.97-0.270.260.640.00.460.37-0.09-0.560.40.09-0.02
-0.26-0.040.840.620.78-0.020.84-0.460.40.270.37-0.30.94-0.310.310.55-0.240.750.720.01-0.390.720.15-0.17
0.430.39-0.13-0.97-0.030.37-0.27-0.460.18-0.170.250.13-0.370.13-0.13-0.530.41-0.56-0.560.060.16-0.56-0.76-0.17
-0.20.130.35-0.130.370.120.430.40.180.720.78-0.070.41-0.080.08-0.030.050.010.050.65-0.180.08-0.04-0.7
-0.13-0.350.20.20.21-0.350.380.27-0.170.720.630.060.340.05-0.05-0.010.14-0.18-0.140.35-0.08-0.140.27-0.31
0.360.180.6-0.110.620.170.540.370.250.780.63-0.020.47-0.030.03-0.20.46-0.26-0.250.31-0.01-0.21-0.02-0.12
0.25-0.64-0.26-0.17-0.23-0.67-0.26-0.30.13-0.070.06-0.02-0.291.0-1.0-0.220.48-0.32-0.27-0.050.14-0.27-0.050.11
-0.18-0.090.920.560.9-0.070.970.94-0.370.410.340.47-0.29-0.30.290.63-0.110.610.54-0.07-0.510.560.11-0.08
0.24-0.64-0.27-0.18-0.24-0.67-0.27-0.310.13-0.080.05-0.031.0-0.3-1.0-0.220.47-0.32-0.27-0.040.14-0.27-0.050.1
-0.240.650.260.170.240.670.260.31-0.130.08-0.050.03-1.00.29-1.00.21-0.470.310.260.05-0.130.270.05-0.11
-0.61-0.30.430.590.41-0.280.640.55-0.53-0.03-0.01-0.2-0.220.63-0.220.21-0.490.720.57-0.11-0.720.60.21-0.1
0.76-0.160.13-0.340.19-0.170.0-0.240.410.050.140.460.48-0.110.47-0.47-0.49-0.61-0.57-0.130.22-0.54-0.040.42
-0.65-0.070.450.60.36-0.050.460.75-0.560.01-0.18-0.26-0.320.61-0.320.310.72-0.610.930.06-0.510.940.19-0.26
-0.59-0.050.360.590.26-0.030.370.72-0.560.05-0.14-0.25-0.270.54-0.270.260.57-0.570.930.07-0.340.990.16-0.35
-0.480.15-0.08-0.18-0.120.15-0.090.010.060.650.350.31-0.05-0.07-0.040.05-0.11-0.130.060.07-0.260.170.3-0.63
0.590.21-0.43-0.2-0.470.2-0.56-0.390.16-0.18-0.08-0.010.14-0.510.14-0.13-0.720.22-0.51-0.34-0.26-0.45-0.130.21
-0.62-0.040.410.580.3-0.020.40.72-0.560.08-0.14-0.21-0.270.56-0.270.270.6-0.540.940.990.17-0.450.22-0.34
-0.27-0.330.020.68-0.05-0.310.090.15-0.76-0.040.27-0.02-0.050.11-0.050.050.21-0.040.190.160.3-0.130.220.25
0.62-0.150.110.230.12-0.14-0.02-0.17-0.17-0.7-0.31-0.120.11-0.080.1-0.11-0.10.42-0.26-0.35-0.630.21-0.340.25
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World Acceptance Account Relationship Matchups

World Acceptance income statement Accounts

201920202021202220232024 (projected)
Interest Expense25.9M25.7M33.4M50.5M48.2M50.6M
Other Operating Expenses528.4M388.4M443.3M342.1B525.0M498.7M
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
Total Operating Expenses(528.4M)(388.4M)(443.3M)285.6B525.0M498.7M
Net Income28.2M88.3M53.9M21.2M77.3M48.2M
Income Tax Expense6.8M23.1M11.7M5.9M22.1M25.2M
Depreciation And Amortization206.3K388.4M483.4M538.9M10.9M10.3M
Selling General Administrative263.1M223.4M221.8M216.8M40.2M38.2M
Selling And Marketing Expenses24.3M17.2M18.3M6.1M9.9M11.4M
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
Total Other Income Expense Net34.9M(34.0M)(38.9M)(49.7M)(52.2M)(54.9M)
Cost Of Revenue181.7M86.2M186.2M259.5M(37.3M)(35.5M)
Net Income Applicable To Common Shares28.2M88.3M53.9M21.2M24.4M23.2M
Net Income From Continuing Ops41.7M88.3M53.9M21.2M77.3M63.1M
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
Reconciled Depreciation12.2M5.5M5.0M4.5M10.9M6.2M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether World Acceptance is a strong investment it is important to analyze World Acceptance's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact World Acceptance's future performance. For an informed investment choice regarding World Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in World Acceptance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade World Stock refer to our How to Trade World Stock guide.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Consumer Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of World Acceptance. If investors know World will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about World Acceptance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.472
Earnings Share
14.63
Revenue Per Share
99.637
Quarterly Revenue Growth
(0.04)
Return On Assets
0.0873
The market value of World Acceptance is measured differently than its book value, which is the value of World that is recorded on the company's balance sheet. Investors also form their own opinion of World Acceptance's value that differs from its market value or its book value, called intrinsic value, which is World Acceptance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because World Acceptance's market value can be influenced by many factors that don't directly affect World Acceptance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between World Acceptance's value and its price as these two are different measures arrived at by different means. Investors typically determine if World Acceptance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, World Acceptance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.