World Acceptance Balance Sheet Health
Financial Health criteria checks 4/6
World Acceptance has a total shareholder equity of $424.4M and total debt of $496.0M, which brings its debt-to-equity ratio to 116.9%. Its total assets and total liabilities are $1.1B and $631.9M respectively. World Acceptance's EBIT is $147.4M making its interest coverage ratio 3.1. It has cash and short-term investments of $11.8M.
Key information
116.9%
Debt to equity ratio
US$496.03m
Debt
Interest coverage ratio | 3.1x |
Cash | US$11.84m |
Equity | US$424.43m |
Total liabilities | US$631.92m |
Total assets | US$1.06b |
Recent financial health updates
No updates
Recent updates
World 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 16World Acceptance EPS beats by $1.88, misses on revenue
May 06Financial Position Analysis
Short Term Liabilities: WRLD's short term assets ($862.4M) exceed its short term liabilities ($76.6M).
Long Term Liabilities: WRLD's short term assets ($862.4M) exceed its long term liabilities ($555.4M).
Debt to Equity History and Analysis
Debt Level: WRLD's net debt to equity ratio (114.1%) is considered high.
Reducing Debt: WRLD's debt to equity ratio has increased from 45.6% to 116.9% over the past 5 years.
Debt Coverage: WRLD's debt is well covered by operating cash flow (53.6%).
Interest Coverage: WRLD's interest payments on its debt are well covered by EBIT (3.1x coverage).