World Long Term Debt vs Non Currrent Assets Other Analysis
WRLD Stock | USD 120.92 0.78 0.64% |
World Acceptance financial indicator trend analysis is more than just analyzing World Acceptance current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether World Acceptance is a good investment. Please check the relationship between World Acceptance Long Term Debt and its Non Currrent Assets Other accounts. 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.
Long Term Debt vs Non Currrent Assets Other
Long Term Debt vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of World Acceptance Long Term Debt account and Non Currrent Assets Other. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between World Acceptance's Long Term Debt and Non Currrent Assets Other is -0.29. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of World Acceptance, assuming nothing else is changed. The correlation between historical values of World Acceptance's Long Term Debt and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of World Acceptance are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Long Term Debt i.e., World Acceptance's Long Term Debt and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | -0.29 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Long Term Debt
Long-term debt is a debt that World Acceptance has held for over one year. Long-term debt appears on World Acceptance balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on World Acceptance balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Most indicators from World Acceptance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 Discontinued Operations is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 1.4 B, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.07.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 483.4M | 538.9M | 10.9M | 10.3M | Income Tax Expense | 11.7M | 5.9M | 22.1M | 25.2M |
World Acceptance fundamental ratios Correlations
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World Acceptance Account Relationship Matchups
High Positive Relationship
High Negative Relationship
World Acceptance fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 8.0M | 6.7M | 6.4M | 5.9M | 5.9M | 5.6M | |
Total Assets | 1.0B | 954.3M | 1.2B | 1.1B | 1.1B | 566.6M | |
Short Long Term Debt Total | 553.9M | 496.7M | 779.8M | 679.0M | 577.9M | 606.8M | |
Total Stockholder Equity | 414.5M | 404.9M | 373.0M | 385.2M | 424.4M | 271.1M | |
Property Plant And Equipment Net | 126.4M | 116.4M | 110.7M | 105.2M | 102.4M | 107.5M | |
Net Debt | 542.2M | 481.0M | 760.6M | 662.5M | 566.1M | 594.4M | |
Retained Earnings | 184.7M | 149.3M | 92.1M | 97.2B | 138.0M | 131.1M | |
Cash | 11.6M | 15.7M | 19.2M | 16.5M | 11.8M | 9.7M | |
Non Current Assets Total | 158.3M | 147.3M | 137.8M | 127.9M | 194.0M | 184.3M | |
Non Currrent Assets Other | (158.3M) | (147.3M) | (137.8M) | (41.7B) | 73.1M | 69.5M | |
Other Assets | 853.9M | 791.2M | 1.1B | 972.9M | 1.0 | 1.05 | |
Cash And Short Term Investments | 11.6M | 15.7M | 19.2M | 16.5M | 11.8M | 9.7M | |
Liabilities And Stockholders Equity | 1.0B | 954.3M | 1.2B | 1.1B | 1.1B | 567.9M | |
Non Current Liabilities Total | 553.9M | 496.7M | 58.0M | 50.6M | 555.4M | 527.6M | |
Other Stockholder Equity | 45.0M | 255.6M | 280.9M | 288.1M | 286.4M | 300.8M | |
Total Liab | 613.6M | 549.3M | 845.3M | 732.1M | 631.9M | 663.5M | |
Property Plant And Equipment Gross | 126.4M | 116.4M | 110.7M | 105.2M | 158.6M | 166.5M | |
Total Current Assets | 15.9M | 15.7M | 19.2M | 16.5M | 862.4M | 819.3M | |
Other Current Liab | (59.7M) | (34.6M) | (52.2M) | (44.9M) | 5.5M | 5.2M | |
Total Current Liabilities | 59.7M | 41.0M | 58.0M | 50.6M | 76.6M | 72.7M | |
Accounts Payable | 59.7M | 23.1M | 44.8M | 42.3M | 48.5M | 32.7M | |
Other Current Assets | (11.6M) | (15.7M) | (19.2M) | (16.5M) | 3.1M | 2.9M | |
Long Term Debt | 451.1M | 405.0M | 692.4M | 595.3M | 496.0M | 307.7M | |
Intangible Assets | 24.4M | 23.5M | 19.8M | 15.3M | 11.1M | 10.5M | |
Property Plant Equipment | 24.8M | 26.3M | 110.7M | 105.2M | 121.0M | 127.0M | |
Net Receivables | 4.3M | 733.7B | 985.5B | 887.8B | 3.1M | 2.9M | |
Net Tangible Assets | 380.1M | 374.0M | 345.9M | 362.6M | 417.0M | 432.5M | |
Retained Earnings Total Equity | 391.3M | 354.0M | 184.7M | 149.3M | 134.4M | 217.2M | |
Long Term Debt Total | 244.9M | 251.9M | 451.1M | 405.0M | 364.5M | 296.7M | |
Capital Surpluse | 175.9M | 198.1M | 227.2M | 255.6M | 293.9M | 171.1M | |
Long Term Investments | 725.2M | 755.6M | 804.4M | 733.7M | 843.7M | 802.7M | |
Common Stock | 414.5M | 404.9M | 373.0M | 424.4M | 488.1M | 512.5M | |
Net Invested Capital | 863.1M | 405.0M | 692.4M | 595.3M | 920.5M | 579.0M |
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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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency 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.