World Acceptance Corporation

NasdaqGS:WRLD Stock Report

Market Cap: US$581.5m

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 ratio3.4x
CashUS$9.75m
EquityUS$417.46m
Total liabilitiesUS$631.70m
Total assetsUS$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
Improved Earnings Required Before World Acceptance Corporation (NASDAQ:WRLD) Shares Find Their Feet

This Is Why World Acceptance Corporation's (NASDAQ:WRLD) CEO Compensation Looks Appropriate

Aug 14
This Is Why World Acceptance Corporation's (NASDAQ:WRLD) CEO Compensation Looks Appropriate

World Acceptance Corporation's (NASDAQ:WRLD) Shares Lagging The Market But So Is The Business

Jul 16
World Acceptance Corporation's (NASDAQ:WRLD) Shares Lagging The Market But So Is The Business

Fewer Investors Than Expected Jumping On World Acceptance Corporation (NASDAQ:WRLD)

Mar 22
Fewer Investors Than Expected Jumping On World Acceptance Corporation (NASDAQ:WRLD)

Market Might Still Lack Some Conviction On World Acceptance Corporation (NASDAQ:WRLD) Even After 25% Share Price Boost

Dec 22
Market Might Still Lack Some Conviction On World Acceptance Corporation (NASDAQ:WRLD) Even After 25% Share Price Boost

World Acceptance: Consumer Finance's Today-Best Near-Term Cap-Gain Prospect

Aug 07

World Acceptance Non-GAAP EPS of $1.15, revenue of $157.59M beats by $8.92M

Jul 27

Here's Why I Think World Acceptance (NASDAQ:WRLD) Is An Interesting Stock

May 05
Here's Why I Think World Acceptance (NASDAQ:WRLD) Is An Interesting Stock

I Ran A Stock Scan For Earnings Growth And World Acceptance (NASDAQ:WRLD) Passed With Ease

Jan 24
I Ran A Stock Scan For Earnings Growth And World Acceptance (NASDAQ:WRLD) Passed With Ease

A Look At Why World Acceptance Corporation's Stock Is Outperforming Its Peers

Jan 16

Here's Why I Think World Acceptance (NASDAQ:WRLD) Might Deserve Your Attention Today

Oct 21
Here's Why I Think World Acceptance (NASDAQ:WRLD) Might Deserve Your Attention Today

We Take A Look At Whether World Acceptance Corporation's (NASDAQ:WRLD) CEO May Be Underpaid

Jul 29
We Take A Look At Whether World Acceptance Corporation's (NASDAQ:WRLD) CEO May Be Underpaid

Should You Be Adding World Acceptance (NASDAQ:WRLD) To Your Watchlist Today?

Jul 22
Should You Be Adding World Acceptance (NASDAQ:WRLD) To Your Watchlist Today?

World Acceptance approves $30M buyback program

Jun 16

Financial 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).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 06:05
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

World Acceptance Corporation is covered by 11 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
James FotheringhamBMO Capital Markets Equity Research
William ArmstrongCL King & Associates, Inc.
Robert RamseyFBR Capital Markets & Co.