World Acceptance Balance Sheet Health
Financial Health criteria checks 3/6
World Acceptance has a total shareholder equity of $407.0M and total debt of $585.0M, which brings its debt-to-equity ratio to 143.7%. Its total assets and total liabilities are $1.1B and $712.5M respectively. World Acceptance's EBIT is $135.9M making its interest coverage ratio 2.8. It has cash and short-term investments of $12.8M.
Key information
143.7%
Debt to equity ratio
US$585.01m
Debt
| Interest coverage ratio | 2.8x |
| Cash | US$12.78m |
| Equity | US$407.02m |
| Total liabilities | US$712.52m |
| Total assets | US$1.12b |
Recent financial health updates
No updates
Recent updates
Fewer Investors Than Expected Jumping On World Acceptance Corporation (NASDAQ:WRLD)
Mar 22
Market 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 16World Acceptance EPS beats by $1.88, misses on revenue
May 06Financial Position Analysis
Short Term Liabilities: WRLD's short term assets ($921.7M) exceed its short term liabilities ($51.1M).
Long Term Liabilities: WRLD's short term assets ($921.7M) exceed its long term liabilities ($661.4M).
Debt to Equity History and Analysis
Debt Level: WRLD's net debt to equity ratio (140.6%) is considered high.
Reducing Debt: WRLD's debt to equity ratio has increased from 53.7% to 143.7% over the past 5 years.
Debt Coverage: WRLD's debt is well covered by operating cash flow (45.8%).
Interest Coverage: WRLD's interest payments on its debt are not well covered by EBIT (2.8x coverage).