World Acceptance Balance Sheet Health
Financial Health criteria checks 5/6
World Acceptance has a total shareholder equity of $417.5M and total debt of $504.9M, which brings its debt-to-equity ratio to 121%. Its total assets and total liabilities are $1.0B and $631.7M respectively. World Acceptance's EBIT is $150.4M making its interest coverage ratio 3.4. It has cash and short-term investments of $9.7M.
Key information
121.0%
Debt to equity ratio
US$504.94m
Debt
| Interest coverage ratio | 3.4x |
| Cash | US$9.75m |
| Equity | US$417.46m |
| Total liabilities | US$631.70m |
| Total assets | US$1.05b |
Recent financial health updates
No updates
Recent updates
Improved Earnings Required Before World Acceptance Corporation (NASDAQ:WRLD) Shares Find Their Feet
Nov 12
This Is Why World Acceptance Corporation's (NASDAQ:WRLD) CEO Compensation Looks Appropriate
Aug 14World Acceptance Corporation's (NASDAQ:WRLD) Shares Lagging The Market But So Is The Business
Jul 16Fewer Investors Than Expected Jumping On World Acceptance Corporation (NASDAQ:WRLD)
Mar 22Market Might Still Lack Some Conviction On World Acceptance Corporation (NASDAQ:WRLD) Even After 25% Share Price Boost
Dec 22World Acceptance: Consumer Finance's Today-Best Near-Term Cap-Gain Prospect
Aug 07World Acceptance Non-GAAP EPS of $1.15, revenue of $157.59M beats by $8.92M
Jul 27Here's Why I Think World Acceptance (NASDAQ:WRLD) Is An Interesting Stock
May 05I Ran A Stock Scan For Earnings Growth And World Acceptance (NASDAQ:WRLD) Passed With Ease
Jan 24A Look At Why World Acceptance Corporation's Stock Is Outperforming Its Peers
Jan 16Here's Why I Think World Acceptance (NASDAQ:WRLD) Might Deserve Your Attention Today
Oct 21We Take A Look At Whether World Acceptance Corporation's (NASDAQ:WRLD) CEO May Be Underpaid
Jul 29Should You Be Adding World Acceptance (NASDAQ:WRLD) To Your Watchlist Today?
Jul 22World Acceptance approves $30M buyback program
Jun 16Financial Position Analysis
Short Term Liabilities: WRLD's short term assets ($857.2M) exceed its short term liabilities ($55.9M).
Long Term Liabilities: WRLD's short term assets ($857.2M) exceed its long term liabilities ($575.8M).
Debt to Equity History and Analysis
Debt Level: WRLD's net debt to equity ratio (118.6%) is considered high.
Reducing Debt: WRLD's debt to equity ratio has reduced from 131.4% to 121% over the past 5 years.
Debt Coverage: WRLD's debt is well covered by operating cash flow (48.5%).
Interest Coverage: WRLD's interest payments on its debt are well covered by EBIT (3.4x coverage).