Annual Income Statements for World Acceptance
This table shows World Acceptance's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.
Quarterly Income Statements for World Acceptance
This table shows World Acceptance's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q3 2025 |
Net Income / (Loss) Attributable to Common Shareholders |
|
7.33 |
18 |
-8.57 |
-0.64 |
5.80 |
25 |
9.54 |
22 |
17 |
35 |
13 |
Consolidated Net Income / (Loss) |
|
7.33 |
18 |
-8.57 |
-0.64 |
5.80 |
25 |
9.54 |
22 |
17 |
35 |
13 |
Net Income / (Loss) Continuing Operations |
|
7.33 |
18 |
-8.57 |
-0.64 |
5.80 |
25 |
9.54 |
22 |
17 |
35 |
13 |
Total Pre-Tax Income |
|
7.72 |
23 |
-11 |
-0.09 |
7.90 |
30 |
12 |
28 |
20 |
46 |
16 |
Total Revenue |
|
149 |
148 |
147 |
138 |
132 |
149 |
127 |
121 |
126 |
155 |
127 |
Net Interest Income / (Expense) |
|
0.00 |
237 |
119 |
117 |
112 |
109 |
104 |
103 |
107 |
108 |
111 |
Total Interest Income |
|
0.00 |
258 |
130 |
130 |
126 |
121 |
117 |
114 |
119 |
122 |
122 |
Loans and Leases Interest Income |
|
- |
- |
130 |
130 |
126 |
121 |
117 |
114 |
119 |
122 |
122 |
Total Interest Expense |
|
0.00 |
21 |
11 |
13 |
14 |
12 |
12 |
10 |
12 |
14 |
11 |
Long-Term Debt Interest Expense |
|
- |
- |
11 |
13 |
14 |
12 |
12 |
10 |
12 |
14 |
11 |
Total Non-Interest Income |
|
149 |
-89 |
28 |
21 |
20 |
39 |
23 |
18 |
19 |
47 |
16 |
Provision for Credit Losses |
|
- |
- |
86 |
69 |
60 |
45 |
47 |
47 |
41 |
30 |
44 |
Total Non-Interest Expense |
|
141 |
11 |
72 |
70 |
65 |
73 |
68 |
46 |
66 |
78 |
67 |
Salaries and Employee Benefits |
|
44 |
47 |
45 |
45 |
41 |
47 |
42 |
22 |
40 |
49 |
41 |
Net Occupancy & Equipment Expense |
|
13 |
13 |
13 |
13 |
13 |
12 |
13 |
12 |
12 |
13 |
12 |
Marketing Expense |
|
6.85 |
2.40 |
2.21 |
1.01 |
1.32 |
1.55 |
2.75 |
2.82 |
3.72 |
2.31 |
4.45 |
Other Operating Expenses |
|
76 |
-53 |
9.90 |
8.79 |
8.88 |
12 |
9.89 |
8.48 |
9.16 |
13 |
8.47 |
Amortization Expense |
|
1.28 |
1.27 |
1.13 |
1.11 |
1.11 |
1.11 |
1.07 |
0.96 |
1.05 |
1.10 |
0.94 |
Income Tax Expense |
|
0.39 |
4.86 |
-2.16 |
0.55 |
2.10 |
5.43 |
2.82 |
5.80 |
2.85 |
11 |
2.62 |
Basic Earnings per Share |
|
$1.20 |
$3.08 |
($1.49) |
($0.11) |
$1.01 |
$4.28 |
$1.65 |
$4.05 |
$2.89 |
$5.96 |
$2.46 |
Weighted Average Basic Shares Outstanding |
|
6.12M |
6.07M |
5.74M |
5.73M |
5.76M |
5.75M |
5.77M |
5.47M |
5.77M |
5.75M |
5.44M |
Diluted Earnings per Share |
|
$1.14 |
$2.95 |
($1.49) |
($0.11) |
$0.99 |
$4.21 |
$1.62 |
$3.99 |
$2.84 |
$5.85 |
$2.45 |
Weighted Average Diluted Shares Outstanding |
|
6.40M |
6.36M |
5.74M |
5.73M |
5.86M |
5.90M |
5.89M |
5.55M |
5.86M |
5.86M |
5.46M |
Weighted Average Basic & Diluted Shares Outstanding |
|
6.55M |
6.28M |
6.28M |
6.26M |
6.23M |
6.24M |
5.85M |
5.75M |
6.08M |
5.84M |
5.75M |
Annual Cash Flow Statements for World Acceptance
This table details how cash moves in and out of World Acceptance's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.
Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
2025 |
Net Change in Cash & Equivalents |
|
19 |
-26 |
2.82 |
17 |
-23 |
2.28 |
4.13 |
3.49 |
-2.73 |
-4.67 |
-2.11 |
Net Cash From Operating Activities |
|
242 |
206 |
219 |
218 |
245 |
281 |
227 |
272 |
292 |
266 |
254 |
Net Cash From Continuing Operating Activities |
|
242 |
206 |
136 |
218 |
245 |
280 |
227 |
272 |
292 |
266 |
254 |
Net Income / (Loss) Continuing Operations |
|
111 |
87 |
0.00 |
54 |
37 |
28 |
88 |
54 |
21 |
77 |
90 |
Consolidated Net Income / (Loss) |
|
111 |
87 |
- |
54 |
37 |
28 |
88 |
54 |
21 |
77 |
90 |
Provision For Loan Losses |
|
119 |
124 |
119 |
131 |
148 |
182 |
86 |
186 |
259 |
157 |
169 |
Depreciation Expense |
|
6.54 |
6.50 |
6.92 |
7.34 |
6.61 |
7.67 |
8.27 |
10 |
6.24 |
6.67 |
6.33 |
Amortization Expense |
|
1.14 |
3.30 |
2.52 |
1.86 |
2.12 |
29 |
24 |
23 |
22 |
20 |
19 |
Non-Cash Adjustments to Reconcile Net Income |
|
-3.93 |
-7.21 |
3.95 |
14 |
52 |
30 |
27 |
3.13 |
1.03 |
7.10 |
-23 |
Changes in Operating Assets and Liabilities, net |
|
8.48 |
-7.51 |
2.88 |
9.73 |
-2.18 |
4.37 |
-6.18 |
-4.42 |
-18 |
-2.43 |
-6.46 |
Net Cash From Investing Activities |
|
-108 |
-102 |
-132 |
-170 |
-207 |
-279 |
-82 |
-452 |
-181 |
-135 |
-153 |
Net Cash From Continuing Investing Activities |
|
-108 |
-102 |
-132 |
-170 |
-207 |
-279 |
-82 |
-452 |
-181 |
-135 |
-153 |
Purchase of Property, Leasehold Improvements and Equipment |
|
-8.59 |
-8.65 |
-6.81 |
-9.17 |
-9.81 |
-11 |
-12 |
-6.07 |
-5.83 |
-5.93 |
-3.68 |
Purchase of Investment Securities |
|
-117 |
-94 |
-105 |
-143 |
-191 |
-207 |
-56 |
-447 |
-175 |
-130 |
-150 |
Sale of Property, Leasehold Improvements and Equipment |
|
0.40 |
0.89 |
0.80 |
0.31 |
0.47 |
0.28 |
3.16 |
1.35 |
0.53 |
0.35 |
0.55 |
Net Cash From Financing Activities |
|
-112 |
-129 |
-84 |
-31 |
-63 |
0.39 |
-141 |
183 |
-114 |
-135 |
-104 |
Net Cash From Continuing Financing Activities |
|
-112 |
-129 |
-84 |
-31 |
-63 |
0.39 |
-141 |
183 |
-114 |
-135 |
-104 |
Issuance of Debt |
|
311 |
295 |
275 |
295 |
364 |
541 |
311 |
815 |
314 |
306 |
417 |
Repayment of Debt |
|
-315 |
-427 |
-355 |
-346 |
-357 |
-343 |
-358 |
-529 |
-411 |
-405 |
-466 |
Repurchase of Common Equity |
|
-115 |
0.00 |
-5.00 |
-4.61 |
-75 |
-197 |
-102 |
-111 |
-14 |
-36 |
-54 |
Other Financing Activities, Net |
|
7.53 |
3.33 |
0.60 |
24 |
4.60 |
0.14 |
9.09 |
7.73 |
-1.89 |
0.04 |
-0.32 |
Cash Interest Paid |
|
23 |
24 |
19 |
18 |
17 |
24 |
25 |
21 |
52 |
49 |
45 |
Cash Income Taxes Paid |
|
61 |
63 |
38 |
39 |
23 |
16 |
15 |
31 |
11 |
8.95 |
3.65 |
Quarterly Cash Flow Statements for World Acceptance
This table details how cash moves in and out of World Acceptance's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q4 2025 |
Net Change in Cash & Equivalents |
|
1.78 |
0.57 |
-5.93 |
7.39 |
0.27 |
-4.45 |
-0.52 |
2.80 |
-6.01 |
-0.94 |
-5.85 |
Net Cash From Operating Activities |
|
60 |
105 |
58 |
78 |
69 |
86 |
60 |
63 |
59 |
84 |
91 |
Net Cash From Continuing Operating Activities |
|
60 |
105 |
58 |
78 |
69 |
86 |
60 |
63 |
59 |
84 |
91 |
Net Income / (Loss) Continuing Operations |
|
7.33 |
18 |
-8.57 |
-0.64 |
5.80 |
25 |
9.54 |
16 |
17 |
35 |
44 |
Consolidated Net Income / (Loss) |
|
7.33 |
18 |
-8.57 |
-0.64 |
5.80 |
25 |
9.54 |
16 |
17 |
35 |
44 |
Provision For Loan Losses |
|
56 |
57 |
86 |
69 |
60 |
45 |
47 |
40 |
41 |
29 |
33 |
Depreciation Expense |
|
2.57 |
2.51 |
1.51 |
1.51 |
1.63 |
1.59 |
1.57 |
1.66 |
1.71 |
1.73 |
1.53 |
Amortization Expense |
|
6.15 |
6.79 |
6.02 |
5.18 |
5.72 |
4.94 |
4.75 |
4.99 |
5.07 |
5.32 |
4.61 |
Non-Cash Adjustments to Reconcile Net Income |
|
-12 |
15 |
-6.15 |
-1.73 |
5.66 |
3.36 |
-0.58 |
-2.13 |
3.73 |
6.08 |
2.01 |
Changes in Operating Assets and Liabilities, net |
|
-0.33 |
4.60 |
-20 |
5.55 |
-9.21 |
5.85 |
-2.16 |
2.30 |
-8.92 |
6.35 |
5.51 |
Net Cash From Investing Activities |
|
-187 |
-17 |
-134 |
-40 |
-41 |
35 |
-51 |
-36 |
-70 |
22 |
48 |
Net Cash From Continuing Investing Activities |
|
-187 |
-17 |
-134 |
-40 |
-41 |
35 |
-51 |
-36 |
-70 |
22 |
48 |
Purchase of Property, Leasehold Improvements and Equipment |
|
-1.10 |
-1.59 |
-1.35 |
-1.78 |
-1.39 |
-1.31 |
-1.66 |
-1.54 |
-1.22 |
-1.51 |
-0.87 |
Purchase of Investment Securities |
|
-186 |
-15 |
-133 |
-38 |
-40 |
37 |
-50 |
-35 |
-69 |
24 |
49 |
Sale of Property, Leasehold Improvements and Equipment |
|
0.03 |
0.06 |
0.28 |
- |
0.07 |
0.18 |
0.17 |
0.10 |
0.05 |
0.04 |
0.11 |
Net Cash From Financing Activities |
|
128 |
-88 |
70 |
-31 |
-28 |
-126 |
-8.97 |
-25 |
5.14 |
-107 |
-145 |
Net Cash From Continuing Financing Activities |
|
128 |
-88 |
70 |
-31 |
-28 |
-126 |
-8.97 |
-25 |
5.14 |
-107 |
-145 |
Issuance of Debt |
|
168 |
108 |
128 |
55 |
69 |
62 |
66 |
58 |
91 |
91 |
119 |
Repayment of Debt |
|
-19 |
-136 |
-44 |
-85 |
-94 |
-188 |
-75 |
-83 |
-67 |
-179 |
-233 |
Repurchase of Common Equity |
|
-19 |
-61 |
-14 |
- |
- |
-0.00 |
0.00 |
- |
-17 |
-19 |
-32 |
Other Financing Activities, Net |
|
-1.89 |
1.09 |
0.40 |
- |
-2.46 |
0.17 |
0.71 |
0.36 |
-1.88 |
0.85 |
0.48 |
Cash Interest Paid |
|
4.77 |
5.30 |
18 |
6.81 |
18 |
8.93 |
17 |
7.23 |
17 |
7.60 |
8.21 |
Cash Income Taxes Paid |
|
7.68 |
4.06 |
4.01 |
6.77 |
- |
0.01 |
2.47 |
4.71 |
0.56 |
1.23 |
0.45 |
Annual Balance Sheets for World Acceptance
This table presents World Acceptance's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
2025 |
Total Assets |
|
866 |
806 |
801 |
841 |
855 |
1,030 |
954 |
1,218 |
1,117 |
1,056 |
1,008 |
Cash and Due from Banks |
|
38 |
12 |
15 |
12 |
9.34 |
12 |
16 |
19 |
17 |
12 |
9.73 |
Loans and Leases, Net of Allowance |
|
742 |
707 |
696 |
679 |
756 |
804 |
1,013 |
1,389 |
1,264 |
1,174 |
1,122 |
Loans and Leases |
|
813 |
776 |
768 |
745 |
837 |
901 |
1,105 |
1,523 |
1,390 |
1,277 |
1,226 |
Allowance for Loan and Lease Losses |
|
70 |
70 |
72 |
66 |
82 |
96 |
92 |
134 |
126 |
103 |
103 |
Premises and Equipment, Net |
|
26 |
25 |
24 |
23 |
25 |
25 |
25 |
24 |
24 |
23 |
20 |
Goodwill |
|
6.12 |
6.12 |
6.07 |
7.03 |
7.03 |
7.37 |
7.37 |
7.37 |
7.37 |
7.37 |
7.37 |
Intangible Assets |
|
3.36 |
2.92 |
6.61 |
6.64 |
15 |
24 |
24 |
20 |
15 |
11 |
7.39 |
Other Assets |
|
50 |
53 |
53 |
113 |
42 |
157 |
-131 |
-241 |
-210 |
-171 |
-159 |
Total Liabilities & Shareholders' Equity |
|
866 |
806 |
801 |
841 |
855 |
1,030 |
954 |
1,218 |
1,117 |
1,056 |
1,008 |
Total Liabilities |
|
551 |
414 |
340 |
300 |
303 |
618 |
549 |
845 |
732 |
632 |
568 |
Other Short-Term Payables |
|
31 |
31 |
32 |
34 |
39 |
- |
41 |
58 |
51 |
54 |
42 |
Long-Term Debt |
|
501 |
375 |
295 |
245 |
252 |
451 |
405 |
692 |
595 |
496 |
447 |
Other Long-Term Liabilities |
|
18 |
8.26 |
13 |
21 |
12 |
167 |
103 |
95 |
86 |
82 |
79 |
Commitments & Contingencies |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Equity & Noncontrolling Interests |
|
316 |
392 |
461 |
541 |
552 |
412 |
405 |
373 |
385 |
424 |
439 |
Total Preferred & Common Equity |
|
316 |
392 |
461 |
541 |
552 |
412 |
405 |
373 |
385 |
424 |
439 |
Preferred Stock |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Common Equity |
|
316 |
392 |
461 |
541 |
552 |
412 |
405 |
373 |
385 |
424 |
439 |
Common Stock |
|
142 |
139 |
144 |
176 |
198 |
227 |
256 |
281 |
288 |
286 |
266 |
Retained Earnings |
|
189 |
276 |
345 |
391 |
354 |
185 |
149 |
92 |
97 |
138 |
173 |
Quarterly Balance Sheets for World Acceptance
This table presents World Acceptance's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q3 2025 |
Total Assets |
|
1,270 |
1,279 |
1,247 |
1,217 |
1,048 |
1,049 |
1,120 |
1,111 |
Cash and Due from Banks |
|
19 |
13 |
21 |
21 |
11 |
9.75 |
13 |
16 |
Loans and Leases, Net of Allowance |
|
-133 |
-156 |
-156 |
-145 |
-110 |
-114 |
-121 |
-116 |
Allowance for Loan and Lease Losses |
|
133 |
156 |
156 |
145 |
110 |
114 |
121 |
116 |
Premises and Equipment, Net |
|
25 |
24 |
25 |
24 |
22 |
21 |
23 |
21 |
Goodwill |
|
7.37 |
7.37 |
7.37 |
7.37 |
7.37 |
7.37 |
7.37 |
7.37 |
Intangible Assets |
|
21 |
19 |
18 |
16 |
10 |
9.11 |
12 |
8.30 |
Other Assets |
|
1,332 |
1,371 |
1,333 |
1,292 |
1,107 |
1,116 |
1,185 |
1,175 |
Total Liabilities & Shareholders' Equity |
|
1,270 |
1,279 |
1,247 |
1,217 |
1,048 |
1,049 |
1,120 |
1,111 |
Total Liabilities |
|
861 |
925 |
891 |
857 |
626 |
632 |
713 |
682 |
Other Short-Term Payables |
|
51 |
53 |
55 |
49 |
50 |
44 |
45 |
41 |
Long-Term Debt |
|
720 |
777 |
747 |
723 |
493 |
505 |
585 |
560 |
Other Long-Term Liabilities |
|
89 |
95 |
89 |
86 |
83 |
83 |
82 |
81 |
Commitments & Contingencies |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Equity & Noncontrolling Interests |
|
409 |
354 |
357 |
360 |
423 |
417 |
407 |
428 |
Total Preferred & Common Equity |
|
409 |
354 |
357 |
360 |
423 |
417 |
407 |
428 |
Preferred Stock |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Common Equity |
|
409 |
354 |
357 |
360 |
423 |
417 |
407 |
428 |
Common Stock |
|
275 |
285 |
289 |
286 |
286 |
269 |
285 |
267 |
Retained Earnings |
|
134 |
69 |
68 |
73 |
137 |
149 |
122 |
161 |
Annual Metrics And Ratios for World Acceptance
This table displays calculated financial ratios and metrics derived from World Acceptance's official financial filings.
Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
2025 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
1.83% |
-8.64% |
-15.81% |
3.04% |
8.90% |
7.13% |
-10.96% |
9.85% |
2.60% |
-7.26% |
-0.54% |
EBITDA Growth |
|
3.23% |
-19.61% |
-21.87% |
-8.09% |
-7.02% |
-27.83% |
101.40% |
-30.79% |
-44.31% |
128.47% |
8.48% |
EBIT Growth |
|
3.40% |
-21.67% |
-23.16% |
-8.59% |
-7.20% |
-61.16% |
219.12% |
-41.13% |
-58.61% |
266.20% |
12.65% |
NOPAT Growth |
|
3.96% |
-21.15% |
-22.43% |
-27.58% |
50.53% |
-61.90% |
213.53% |
-38.92% |
-60.62% |
264.29% |
16.03% |
Net Income Growth |
|
3.96% |
-21.15% |
-15.78% |
-27.05% |
-30.65% |
-24.38% |
213.53% |
-38.92% |
-60.62% |
264.29% |
16.03% |
EPS Growth |
|
23.96% |
-15.55% |
-16.62% |
-28.52% |
-32.39% |
-12.59% |
273.73% |
-35.98% |
-57.50% |
266.39% |
23.58% |
Operating Cash Flow Growth |
|
-1.66% |
-14.81% |
6.45% |
-0.61% |
12.22% |
14.84% |
-19.23% |
20.05% |
7.01% |
-8.84% |
-4.37% |
Free Cash Flow Firm Growth |
|
77.11% |
28.56% |
-43.15% |
-75.33% |
189.60% |
-155.24% |
558.40% |
-242.52% |
152.66% |
29.44% |
-9.85% |
Invested Capital Growth |
|
0.48% |
-6.14% |
-1.35% |
3.94% |
2.30% |
7.34% |
-6.16% |
31.54% |
-7.97% |
-6.12% |
-3.71% |
Revenue Q/Q Growth |
|
2.62% |
-5.18% |
-11.67% |
9.06% |
4.15% |
1.31% |
-1.72% |
1.12% |
0.13% |
1.19% |
0.00% |
EBITDA Q/Q Growth |
|
-27.96% |
-35.53% |
-52.94% |
-52.08% |
-59.97% |
-75.62% |
-47.88% |
-54.85% |
-85.43% |
15.04% |
0.00% |
EBIT Q/Q Growth |
|
-28.84% |
-37.39% |
-54.94% |
-54.36% |
-62.17% |
-87.52% |
-52.65% |
-62.86% |
-92.21% |
19.15% |
0.00% |
NOPAT Q/Q Growth |
|
9.42% |
-17.62% |
-5.29% |
-0.78% |
19.94% |
-34.20% |
32.35% |
-32.95% |
41.71% |
14.88% |
0.00% |
Net Income Q/Q Growth |
|
9.42% |
-17.62% |
2.83% |
-4.80% |
30.94% |
-45.22% |
51.97% |
-32.95% |
41.71% |
14.88% |
0.00% |
EPS Q/Q Growth |
|
16.44% |
-16.46% |
2.57% |
-6.41% |
29.39% |
-22.20% |
38.10% |
-31.14% |
53.85% |
14.20% |
0.00% |
Operating Cash Flow Q/Q Growth |
|
-0.89% |
-1.51% |
-1.02% |
4.35% |
3.41% |
11.91% |
-6.15% |
3.61% |
-6.23% |
-0.70% |
2.89% |
Free Cash Flow Firm Q/Q Growth |
|
-1.04% |
0.90% |
-38.18% |
433.60% |
107.63% |
-104.25% |
-1.89% |
-33.61% |
69.71% |
-12.76% |
0.00% |
Invested Capital Q/Q Growth |
|
-9.76% |
-12.37% |
-7.77% |
-9.22% |
-51.53% |
-11.56% |
-9.85% |
-5.69% |
-9.40% |
-7.21% |
0.00% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
30.11% |
26.49% |
24.59% |
21.93% |
18.72% |
12.61% |
28.53% |
17.98% |
9.76% |
24.04% |
26.22% |
EBIT Margin |
|
28.85% |
24.73% |
22.57% |
20.03% |
17.07% |
6.19% |
22.18% |
11.89% |
4.80% |
18.94% |
21.45% |
Profit (Net Income) Margin |
|
18.16% |
15.68% |
15.68% |
11.10% |
7.07% |
4.99% |
17.58% |
9.77% |
3.75% |
14.73% |
17.19% |
Tax Burden Percent |
|
62.96% |
63.38% |
69.47% |
55.44% |
41.43% |
80.66% |
79.25% |
82.22% |
78.21% |
77.81% |
80.14% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
|
37.04% |
36.62% |
36.02% |
49.31% |
17.78% |
19.34% |
20.75% |
17.78% |
21.79% |
22.19% |
19.86% |
Return on Invested Capital (ROIC) |
|
13.60% |
11.04% |
8.90% |
6.37% |
9.29% |
3.38% |
10.55% |
5.75% |
2.08% |
8.14% |
9.93% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
13.60% |
11.04% |
10.64% |
8.07% |
-5.46% |
3.38% |
10.55% |
5.75% |
2.08% |
8.14% |
9.93% |
Return on Net Nonoperating Assets (RNNOA) |
|
21.98% |
13.67% |
8.35% |
4.35% |
-2.48% |
2.46% |
11.06% |
8.11% |
3.52% |
10.97% |
10.84% |
Return on Equity (ROE) |
|
35.59% |
24.71% |
17.26% |
10.71% |
6.81% |
5.84% |
21.61% |
13.86% |
5.60% |
19.11% |
20.78% |
Cash Return on Invested Capital (CROIC) |
|
13.13% |
17.37% |
10.27% |
2.50% |
7.02% |
-3.70% |
16.91% |
-21.49% |
10.38% |
14.45% |
13.71% |
Operating Return on Assets (OROA) |
|
20.51% |
16.49% |
13.19% |
11.80% |
10.60% |
3.70% |
11.23% |
6.04% |
2.32% |
9.15% |
10.85% |
Return on Assets (ROA) |
|
12.92% |
10.45% |
9.16% |
6.54% |
4.39% |
2.99% |
8.90% |
4.96% |
1.82% |
7.12% |
8.70% |
Return on Common Equity (ROCE) |
|
35.59% |
24.71% |
17.26% |
10.71% |
6.81% |
5.84% |
21.61% |
13.86% |
5.60% |
19.11% |
20.78% |
Return on Equity Simple (ROE_SIMPLE) |
|
35.12% |
22.30% |
15.96% |
9.92% |
6.74% |
6.84% |
21.80% |
14.45% |
5.51% |
18.22% |
20.42% |
Net Operating Profit after Tax (NOPAT) |
|
111 |
87 |
68 |
49 |
74 |
28 |
88 |
54 |
21 |
77 |
90 |
NOPAT Margin |
|
18.16% |
15.68% |
14.44% |
10.15% |
14.03% |
4.99% |
17.58% |
9.77% |
3.75% |
14.73% |
17.19% |
Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
-1.73% |
-1.70% |
14.76% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
|
41.20% |
41.42% |
45.43% |
46.49% |
47.81% |
50.04% |
51.36% |
45.93% |
41.67% |
42.70% |
38.39% |
Operating Expenses to Revenue |
|
51.68% |
53.09% |
52.05% |
55.65% |
54.75% |
61.60% |
60.65% |
54.37% |
49.37% |
51.16% |
46.14% |
Earnings before Interest and Taxes (EBIT) |
|
176 |
138 |
106 |
97 |
90 |
35 |
111 |
66 |
27 |
99 |
112 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
184 |
148 |
115 |
106 |
99 |
71 |
143 |
99 |
55 |
126 |
137 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
2.20 |
0.86 |
0.99 |
1.77 |
2.04 |
1.05 |
2.18 |
3.37 |
1.35 |
2.08 |
1.65 |
Price to Tangible Book Value (P/TBV) |
|
2.27 |
0.88 |
1.01 |
1.81 |
2.13 |
1.14 |
2.36 |
3.63 |
1.43 |
2.17 |
1.71 |
Price to Revenue (P/Rev) |
|
1.14 |
0.61 |
0.97 |
1.98 |
2.14 |
0.77 |
1.76 |
2.28 |
0.92 |
1.68 |
1.39 |
Price to Earnings (P/E) |
|
6.27 |
3.87 |
6.18 |
17.81 |
30.27 |
15.38 |
10.00 |
23.29 |
24.43 |
11.40 |
8.10 |
Dividend Yield |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Earnings Yield |
|
15.95% |
25.83% |
16.18% |
5.61% |
3.30% |
6.50% |
10.00% |
4.29% |
4.09% |
8.77% |
12.34% |
Enterprise Value to Invested Capital (EV/IC) |
|
1.42 |
0.91 |
0.97 |
1.51 |
1.70 |
1.01 |
1.57 |
1.81 |
1.12 |
1.48 |
1.31 |
Enterprise Value to Revenue (EV/Rev) |
|
1.90 |
1.26 |
1.57 |
2.46 |
2.60 |
1.55 |
2.53 |
3.50 |
1.94 |
2.60 |
2.23 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
6.30 |
4.74 |
6.37 |
11.21 |
13.89 |
12.26 |
8.88 |
19.45 |
19.87 |
10.82 |
8.51 |
Enterprise Value to EBIT (EV/EBIT) |
|
6.58 |
5.08 |
6.93 |
12.27 |
15.24 |
25.00 |
11.42 |
29.41 |
40.43 |
13.74 |
10.40 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
10.45 |
8.02 |
10.84 |
24.21 |
18.54 |
30.99 |
14.41 |
35.77 |
51.69 |
17.66 |
12.97 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
4.79 |
3.40 |
3.35 |
5.45 |
5.60 |
3.11 |
5.61 |
7.08 |
3.76 |
5.14 |
4.58 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
10.82 |
5.09 |
9.40 |
61.64 |
24.53 |
0.00 |
9.00 |
0.00 |
10.34 |
9.94 |
9.40 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
1.59 |
0.96 |
0.64 |
0.45 |
0.46 |
1.10 |
1.00 |
1.86 |
1.55 |
1.17 |
1.02 |
Long-Term Debt to Equity |
|
1.59 |
0.96 |
0.64 |
0.45 |
0.46 |
1.10 |
1.00 |
1.86 |
1.55 |
1.17 |
1.02 |
Financial Leverage |
|
1.62 |
1.24 |
0.79 |
0.54 |
0.45 |
0.73 |
1.05 |
1.41 |
1.70 |
1.35 |
1.09 |
Leverage Ratio |
|
2.76 |
2.36 |
1.88 |
1.64 |
1.55 |
1.96 |
2.43 |
2.79 |
3.08 |
2.68 |
2.39 |
Compound Leverage Factor |
|
2.76 |
2.36 |
1.88 |
1.64 |
1.55 |
1.96 |
2.43 |
2.79 |
3.08 |
2.68 |
2.39 |
Debt to Total Capital |
|
61.36% |
48.88% |
39.03% |
31.16% |
31.33% |
52.27% |
50.00% |
64.99% |
60.71% |
53.89% |
50.42% |
Short-Term Debt to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Long-Term Debt to Total Capital |
|
61.36% |
48.88% |
39.03% |
31.16% |
31.33% |
52.27% |
50.00% |
64.99% |
60.71% |
53.89% |
50.42% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
|
38.64% |
51.12% |
60.97% |
68.84% |
68.67% |
47.73% |
50.00% |
35.01% |
39.29% |
46.11% |
49.58% |
Debt to EBITDA |
|
2.73 |
2.54 |
2.56 |
2.31 |
2.56 |
6.34 |
2.83 |
6.98 |
10.78 |
3.93 |
3.26 |
Net Debt to EBITDA |
|
2.52 |
2.45 |
2.43 |
2.19 |
2.46 |
6.18 |
2.72 |
6.79 |
10.48 |
3.84 |
3.19 |
Long-Term Debt to EBITDA |
|
2.73 |
2.54 |
2.56 |
2.31 |
2.56 |
6.34 |
2.83 |
6.98 |
10.78 |
3.93 |
3.26 |
Debt to NOPAT |
|
4.52 |
4.29 |
4.35 |
4.99 |
3.41 |
16.02 |
4.59 |
12.84 |
28.04 |
6.41 |
4.98 |
Net Debt to NOPAT |
|
4.18 |
4.15 |
4.13 |
4.73 |
3.28 |
15.61 |
4.41 |
12.48 |
27.26 |
6.26 |
4.87 |
Long-Term Debt to NOPAT |
|
4.52 |
4.29 |
4.35 |
4.99 |
3.41 |
16.02 |
4.59 |
12.84 |
28.04 |
6.41 |
4.98 |
Noncontrolling Interest Sharing Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
107 |
138 |
78 |
19 |
56 |
-31 |
141 |
-202 |
106 |
137 |
124 |
Operating Cash Flow to CapEx |
|
2,954.29% |
2,653.88% |
3,648.88% |
2,460.54% |
2,620.01% |
2,555.99% |
2,661.74% |
5,772.68% |
5,503.10% |
4,760.95% |
8,111.07% |
Free Cash Flow to Firm to Interest Expense |
|
0.00 |
0.00 |
3.64 |
1.01 |
3.11 |
-1.19 |
5.50 |
-6.03 |
2.10 |
2.85 |
2.90 |
Operating Cash Flow to Interest Expense |
|
0.00 |
0.00 |
10.20 |
11.42 |
13.64 |
10.85 |
8.83 |
8.15 |
5.78 |
5.51 |
5.95 |
Operating Cash Flow Less CapEx to Interest Expense |
|
0.00 |
0.00 |
9.92 |
10.96 |
13.12 |
10.43 |
8.50 |
8.01 |
5.67 |
5.39 |
5.88 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.71 |
0.67 |
0.58 |
0.59 |
0.62 |
0.60 |
0.51 |
0.51 |
0.48 |
0.48 |
0.51 |
Fixed Asset Turnover |
|
24.06 |
21.77 |
18.97 |
20.59 |
21.85 |
22.48 |
20.06 |
22.16 |
23.39 |
22.42 |
24.48 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
817 |
767 |
756 |
786 |
804 |
863 |
810 |
1,065 |
980 |
920 |
886 |
Invested Capital Turnover |
|
0.75 |
0.70 |
0.62 |
0.63 |
0.66 |
0.68 |
0.60 |
0.59 |
0.55 |
0.55 |
0.58 |
Increase / (Decrease) in Invested Capital |
|
3.86 |
-50 |
-10 |
30 |
18 |
59 |
-53 |
255 |
-85 |
-60 |
-34 |
Enterprise Value (EV) |
|
1,158 |
701 |
735 |
1,189 |
1,370 |
873 |
1,272 |
1,929 |
1,098 |
1,366 |
1,164 |
Market Capitalization |
|
695 |
338 |
455 |
956 |
1,127 |
433 |
883 |
1,256 |
519 |
882 |
727 |
Book Value per Share |
|
$33.11 |
$43.92 |
$52.49 |
$59.59 |
$57.38 |
$51.93 |
$59.51 |
$56.98 |
$61.85 |
$69.80 |
$76.48 |
Tangible Book Value per Share |
|
$32.11 |
$42.91 |
$51.05 |
$58.08 |
$55.05 |
$47.92 |
$54.97 |
$52.84 |
$58.21 |
$66.77 |
$73.91 |
Total Capital |
|
817 |
767 |
756 |
786 |
804 |
863 |
810 |
1,065 |
980 |
920 |
886 |
Total Debt |
|
501 |
375 |
295 |
245 |
252 |
451 |
405 |
692 |
595 |
496 |
447 |
Total Long-Term Debt |
|
501 |
375 |
295 |
245 |
252 |
451 |
405 |
692 |
595 |
496 |
447 |
Net Debt |
|
463 |
362 |
280 |
232 |
243 |
439 |
389 |
673 |
579 |
484 |
437 |
Capital Expenditures (CapEx) |
|
8.19 |
7.76 |
6.01 |
8.86 |
9.34 |
11 |
8.53 |
4.72 |
5.30 |
5.58 |
3.13 |
Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
-5.81 |
-4.60 |
37 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
|
501 |
375 |
295 |
245 |
252 |
451 |
405 |
692 |
595 |
496 |
447 |
Total Depreciation and Amortization (D&A) |
|
7.68 |
9.80 |
9.44 |
9.20 |
8.73 |
36 |
32 |
34 |
28 |
27 |
25 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$12.12 |
$10.12 |
$8.45 |
$6.11 |
$4.14 |
$3.66 |
$13.59 |
$8.88 |
$0.00 |
$13.45 |
$16.54 |
Adjusted Weighted Average Basic Shares Outstanding |
|
9.15M |
8.64M |
8.71M |
8.79M |
8.99M |
7.69M |
6.49M |
6.07M |
0.00 |
5.75M |
5.43M |
Adjusted Diluted Earnings per Share |
|
$11.90 |
$10.05 |
$8.38 |
$5.99 |
$4.05 |
$3.54 |
$13.23 |
$8.47 |
$0.00 |
$13.19 |
$16.30 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
9.32M |
8.69M |
8.78M |
8.96M |
9.20M |
7.95M |
6.67M |
6.36M |
0.00 |
5.86M |
5.51M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$4.14 |
$3.66 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
8.99M |
8.81M |
8.82M |
9.13M |
9.31M |
7.51M |
6.78M |
6.28M |
0.00 |
5.84M |
5.31M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
111 |
87 |
68 |
49 |
74 |
28 |
88 |
54 |
21 |
77 |
90 |
Normalized NOPAT Margin |
|
18.16% |
15.68% |
14.44% |
10.15% |
14.03% |
4.99% |
17.58% |
9.77% |
3.75% |
14.73% |
17.19% |
Pre Tax Income Margin |
|
28.85% |
24.73% |
22.57% |
20.03% |
17.07% |
6.19% |
22.18% |
11.89% |
4.80% |
18.94% |
21.45% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
0.00 |
0.00 |
4.93 |
5.07 |
5.01 |
1.35 |
4.34 |
1.96 |
0.54 |
2.06 |
2.62 |
NOPAT to Interest Expense |
|
0.00 |
0.00 |
3.15 |
2.57 |
4.12 |
1.09 |
3.44 |
1.61 |
0.42 |
1.60 |
2.10 |
EBIT Less CapEx to Interest Expense |
|
0.00 |
0.00 |
4.65 |
4.61 |
4.49 |
0.92 |
4.00 |
1.82 |
0.43 |
1.95 |
2.55 |
NOPAT Less CapEx to Interest Expense |
|
0.00 |
0.00 |
2.87 |
2.11 |
3.60 |
0.66 |
3.10 |
1.47 |
0.32 |
1.49 |
2.03 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Augmented Payout Ratio |
|
104.05% |
0.00% |
6.79% |
8.59% |
200.13% |
701.06% |
116.05% |
206.12% |
67.42% |
46.81% |
60.39% |
Quarterly Metrics And Ratios for World Acceptance
This table displays calculated financial ratios and metrics derived from World Acceptance's official financial filings.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q3 2025 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
20.16% |
4.32% |
18.19% |
5.42% |
-10.84% |
0.50% |
-18.39% |
-10.05% |
-4.83% |
4.16% |
1.01% |
EBITDA Growth |
|
-27.67% |
95.05% |
-110.92% |
-68.51% |
-7.16% |
-75.01% |
702.15% |
318.15% |
72.38% |
45.09% |
-35.53% |
EBIT Growth |
|
-54.36% |
143.61% |
-152.23% |
-100.63% |
2.38% |
-78.08% |
220.49% |
23,689.21% |
147.01% |
53.16% |
-17.96% |
NOPAT Growth |
|
-49.44% |
-59.05% |
-147.62% |
-100.50% |
-20.78% |
34.00% |
232.45% |
26,004.41% |
187.10% |
40.68% |
-19.66% |
Net Income Growth |
|
-49.44% |
-59.05% |
-154.32% |
-105.13% |
-20.78% |
34.00% |
216.12% |
2,622.42% |
187.10% |
40.68% |
-19.66% |
EPS Growth |
|
-49.33% |
-56.49% |
-161.07% |
-105.67% |
-13.16% |
42.71% |
220.13% |
2,563.64% |
186.87% |
38.95% |
-13.73% |
Operating Cash Flow Growth |
|
17.98% |
9.94% |
18.77% |
35.27% |
14.58% |
-18.43% |
2.66% |
-19.27% |
-14.93% |
-2.18% |
0.00% |
Free Cash Flow Firm Growth |
|
-343.63% |
-341.88% |
-133.00% |
38.53% |
123.83% |
146.20% |
185.03% |
273.18% |
100.16% |
-13.56% |
-83.72% |
Invested Capital Growth |
|
25.74% |
31.54% |
29.55% |
11.49% |
-4.21% |
-7.97% |
-19.08% |
-16.39% |
-8.33% |
-6.12% |
-0.40% |
Revenue Q/Q Growth |
|
13.32% |
-0.44% |
-0.79% |
-5.80% |
-4.17% |
12.22% |
-19.44% |
-2.16% |
1.39% |
22.82% |
0.00% |
EBITDA Q/Q Growth |
|
-21.53% |
791.40% |
-102.18% |
306.17% |
131.37% |
139.90% |
-47.38% |
43.17% |
-4.62% |
101.92% |
0.00% |
EBIT Q/Q Growth |
|
-45.19% |
1,676.93% |
-107.82% |
99.17% |
9,009.18% |
280.45% |
-57.00% |
61.84% |
-6.71% |
135.89% |
0.00% |
NOPAT Q/Q Growth |
|
-41.10% |
150.89% |
-140.86% |
99.17% |
9,449.61% |
324.34% |
-59.61% |
61.67% |
3.62% |
107.93% |
0.00% |
Net Income Q/Q Growth |
|
-41.10% |
150.89% |
-146.60% |
92.56% |
1,010.41% |
324.34% |
-59.61% |
68.60% |
3.62% |
107.93% |
0.00% |
EPS Q/Q Growth |
|
-41.24% |
158.77% |
-150.51% |
92.62% |
1,000.00% |
325.25% |
-57.48% |
67.28% |
4.80% |
105.99% |
0.00% |
Operating Cash Flow Q/Q Growth |
|
4.12% |
73.89% |
-44.61% |
34.90% |
-11.80% |
23.79% |
-30.29% |
30.88% |
-7.06% |
42.34% |
0.00% |
Free Cash Flow Firm Q/Q Growth |
|
-21.05% |
-5.87% |
-11.99% |
57.17% |
146.92% |
105.27% |
106.11% |
-12.76% |
-45.77% |
-11.35% |
0.00% |
Invested Capital Q/Q Growth |
|
14.16% |
-5.69% |
6.17% |
-2.47% |
-1.91% |
-9.40% |
-6.64% |
0.77% |
7.55% |
-7.21% |
0.00% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
11.06% |
99.00% |
-2.18% |
4.77% |
11.51% |
24.61% |
16.08% |
22.17% |
20.86% |
34.29% |
13.31% |
EBIT Margin |
|
5.19% |
92.71% |
-7.31% |
-0.06% |
5.97% |
20.22% |
10.79% |
16.83% |
15.48% |
29.74% |
12.57% |
Profit (Net Income) Margin |
|
4.93% |
12.43% |
-5.84% |
-0.46% |
4.38% |
16.57% |
8.31% |
12.94% |
13.22% |
22.38% |
10.51% |
Tax Burden Percent |
|
94.93% |
79.10% |
79.85% |
718.88% |
73.46% |
81.94% |
76.95% |
76.87% |
85.38% |
75.26% |
83.61% |
Interest Burden Percent |
|
100.00% |
16.95% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
|
5.07% |
20.90% |
0.00% |
0.00% |
26.54% |
18.06% |
23.05% |
23.13% |
14.62% |
24.74% |
16.39% |
Return on Invested Capital (ROIC) |
|
2.65% |
7.31% |
-2.93% |
-0.03% |
2.24% |
9.17% |
4.38% |
6.71% |
6.71% |
12.36% |
0.00% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
2.65% |
7.31% |
-3.10% |
-0.11% |
2.24% |
9.17% |
4.38% |
6.71% |
6.71% |
12.36% |
0.00% |
Return on Net Nonoperating Assets (RNNOA) |
|
4.35% |
10.32% |
-5.08% |
-0.19% |
4.20% |
15.57% |
7.15% |
10.85% |
11.44% |
16.66% |
0.00% |
Return on Equity (ROE) |
|
7.00% |
17.63% |
-8.02% |
-0.22% |
6.44% |
24.74% |
11.53% |
17.55% |
18.14% |
29.02% |
0.00% |
Cash Return on Invested Capital (CROIC) |
|
-14.87% |
-21.49% |
-22.79% |
-9.28% |
5.65% |
10.38% |
24.98% |
23.43% |
15.14% |
14.45% |
0.00% |
Operating Return on Assets (OROA) |
|
2.46% |
47.09% |
-3.65% |
-0.03% |
2.71% |
9.80% |
5.00% |
7.70% |
6.97% |
14.36% |
0.00% |
Return on Assets (ROA) |
|
2.34% |
6.31% |
-2.91% |
-0.22% |
1.99% |
8.03% |
3.85% |
5.92% |
5.95% |
10.81% |
0.00% |
Return on Common Equity (ROCE) |
|
7.00% |
17.63% |
-8.02% |
-0.22% |
6.44% |
24.74% |
11.53% |
17.55% |
18.14% |
29.02% |
0.00% |
Return on Equity Simple (ROE_SIMPLE) |
|
19.64% |
0.00% |
8.35% |
4.63% |
4.17% |
0.00% |
9.40% |
13.53% |
16.44% |
0.00% |
0.00% |
Net Operating Profit after Tax (NOPAT) |
|
7.33 |
18 |
-7.51 |
-0.06 |
5.80 |
25 |
9.95 |
16 |
17 |
35 |
13 |
NOPAT Margin |
|
4.93% |
12.43% |
-5.12% |
-0.04% |
4.38% |
16.57% |
8.31% |
12.94% |
13.22% |
22.38% |
10.51% |
Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.17% |
0.09% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
|
42.97% |
41.93% |
41.31% |
43.26% |
41.49% |
40.71% |
42.42% |
42.71% |
44.19% |
41.70% |
45.40% |
Operating Expenses to Revenue |
|
94.81% |
7.29% |
48.83% |
50.42% |
49.03% |
49.23% |
51.28% |
50.63% |
52.28% |
50.59% |
52.79% |
Earnings before Interest and Taxes (EBIT) |
|
7.72 |
137 |
-11 |
-0.09 |
7.90 |
30 |
13 |
21 |
20 |
46 |
16 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
16 |
146 |
-3.20 |
6.59 |
15 |
37 |
19 |
28 |
26 |
53 |
17 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
4.02 |
3.37 |
1.99 |
1.71 |
1.15 |
1.35 |
1.71 |
1.90 |
2.00 |
2.08 |
1.51 |
Price to Tangible Book Value (P/TBV) |
|
4.32 |
3.63 |
2.15 |
1.83 |
1.23 |
1.43 |
1.78 |
1.98 |
2.10 |
2.17 |
1.57 |
Price to Revenue (P/Rev) |
|
3.01 |
2.28 |
1.23 |
1.05 |
0.73 |
0.92 |
1.34 |
1.51 |
1.54 |
1.68 |
0.00 |
Price to Earnings (P/E) |
|
20.45 |
23.29 |
23.82 |
36.85 |
27.54 |
24.43 |
18.17 |
14.05 |
12.14 |
11.40 |
0.00 |
Dividend Yield |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Earnings Yield |
|
4.89% |
4.29% |
4.20% |
2.71% |
3.63% |
4.09% |
5.50% |
7.12% |
8.24% |
8.77% |
0.00% |
Enterprise Value to Invested Capital (EV/IC) |
|
2.08 |
1.81 |
1.30 |
1.21 |
1.03 |
1.12 |
1.32 |
1.40 |
1.40 |
1.48 |
1.21 |
Enterprise Value to Revenue (EV/Rev) |
|
4.30 |
3.50 |
2.56 |
2.29 |
1.97 |
1.94 |
2.23 |
2.45 |
2.63 |
2.60 |
0.00 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
10.68 |
19.45 |
22.01 |
25.48 |
2.94 |
19.87 |
15.50 |
13.06 |
12.69 |
10.82 |
0.00 |
Enterprise Value to EBIT (EV/EBIT) |
|
13.29 |
29.41 |
42.80 |
66.25 |
3.20 |
40.43 |
23.70 |
17.94 |
16.71 |
13.74 |
0.00 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
29.17 |
35.77 |
49.64 |
80.84 |
74.36 |
51.69 |
30.29 |
22.82 |
20.69 |
17.66 |
0.00 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
8.92 |
7.08 |
5.21 |
4.42 |
3.58 |
3.76 |
4.11 |
4.63 |
5.17 |
5.14 |
4.82 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
0.00 |
0.00 |
0.00 |
0.00 |
17.82 |
10.34 |
4.71 |
5.43 |
8.82 |
9.94 |
0.00 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
1.76 |
1.86 |
2.19 |
2.09 |
2.01 |
1.55 |
1.17 |
1.21 |
1.44 |
1.17 |
1.31 |
Long-Term Debt to Equity |
|
1.76 |
1.86 |
2.19 |
2.09 |
2.01 |
1.55 |
1.17 |
1.21 |
1.44 |
1.17 |
1.31 |
Financial Leverage |
|
1.64 |
1.41 |
1.64 |
1.70 |
1.88 |
1.70 |
1.63 |
1.62 |
1.71 |
1.35 |
1.37 |
Leverage Ratio |
|
3.00 |
2.79 |
3.03 |
3.08 |
3.23 |
3.08 |
3.00 |
2.97 |
3.05 |
2.68 |
2.67 |
Compound Leverage Factor |
|
3.00 |
0.47 |
3.03 |
3.08 |
3.23 |
3.08 |
3.00 |
2.97 |
3.05 |
2.68 |
2.67 |
Debt to Total Capital |
|
63.76% |
64.99% |
68.69% |
67.68% |
66.77% |
60.71% |
53.83% |
54.74% |
58.97% |
53.89% |
56.66% |
Short-Term Debt to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Long-Term Debt to Total Capital |
|
63.76% |
64.99% |
68.69% |
67.68% |
66.77% |
60.71% |
53.83% |
54.74% |
58.97% |
53.89% |
56.66% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
|
36.24% |
35.01% |
31.31% |
32.32% |
33.23% |
39.29% |
46.17% |
45.26% |
41.03% |
46.11% |
43.34% |
Debt to EBITDA |
|
3.28 |
6.98 |
11.65 |
14.26 |
1.91 |
10.78 |
6.34 |
5.12 |
5.36 |
3.93 |
0.00 |
Net Debt to EBITDA |
|
3.19 |
6.79 |
11.45 |
13.86 |
1.85 |
10.48 |
6.20 |
5.02 |
5.24 |
3.84 |
0.00 |
Long-Term Debt to EBITDA |
|
3.28 |
6.98 |
11.65 |
14.26 |
1.91 |
10.78 |
6.34 |
5.12 |
5.36 |
3.93 |
0.00 |
Debt to NOPAT |
|
8.96 |
12.84 |
26.27 |
45.24 |
48.22 |
28.04 |
12.40 |
8.94 |
8.74 |
6.41 |
0.00 |
Net Debt to NOPAT |
|
8.72 |
12.48 |
25.82 |
43.99 |
46.83 |
27.26 |
12.12 |
8.77 |
8.55 |
6.26 |
0.00 |
Long-Term Debt to NOPAT |
|
8.96 |
12.84 |
26.27 |
45.24 |
48.22 |
28.04 |
12.40 |
8.94 |
8.74 |
6.41 |
0.00 |
Noncontrolling Interest Sharing Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
-224 |
-237 |
-266 |
-114 |
53 |
110 |
226 |
197 |
107 |
95 |
17 |
Operating Cash Flow to CapEx |
|
5,669.94% |
6,866.58% |
5,441.18% |
4,411.73% |
5,243.98% |
7,582.49% |
4,001.10% |
4,384.72% |
5,017.76% |
5,696.54% |
0.00% |
Free Cash Flow to Firm to Interest Expense |
|
0.00 |
-11.18 |
-23.76 |
-8.73 |
3.79 |
8.99 |
23.11 |
15.70 |
9.14 |
6.65 |
1.54 |
Operating Cash Flow to Interest Expense |
|
0.00 |
4.95 |
5.21 |
6.02 |
4.92 |
7.03 |
6.11 |
5.05 |
5.04 |
5.89 |
0.00 |
Operating Cash Flow Less CapEx to Interest Expense |
|
0.00 |
4.88 |
5.11 |
5.89 |
4.83 |
6.94 |
5.96 |
4.94 |
4.94 |
5.79 |
0.00 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.47 |
0.51 |
0.50 |
0.49 |
0.45 |
0.48 |
0.46 |
0.46 |
0.45 |
0.48 |
0.00 |
Fixed Asset Turnover |
|
21.43 |
22.16 |
23.63 |
23.35 |
23.12 |
23.39 |
23.26 |
22.74 |
22.12 |
22.42 |
0.00 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
1,130 |
1,065 |
1,131 |
1,103 |
1,082 |
980 |
915 |
922 |
992 |
920 |
988 |
Invested Capital Turnover |
|
0.54 |
0.59 |
0.57 |
0.56 |
0.51 |
0.55 |
0.53 |
0.52 |
0.51 |
0.55 |
0.00 |
Increase / (Decrease) in Invested Capital |
|
231 |
255 |
258 |
114 |
-48 |
-85 |
-216 |
-181 |
-90 |
-60 |
-4.00 |
Enterprise Value (EV) |
|
2,346 |
1,929 |
1,468 |
1,334 |
1,114 |
1,098 |
1,204 |
1,288 |
1,385 |
1,366 |
1,191 |
Market Capitalization |
|
1,644 |
1,256 |
705 |
608 |
413 |
519 |
722 |
793 |
813 |
882 |
646 |
Book Value per Share |
|
$61.11 |
$56.98 |
$56.40 |
$56.77 |
$57.48 |
$61.85 |
$72.30 |
$66.88 |
$65.39 |
$69.80 |
$74.47 |
Tangible Book Value per Share |
|
$56.87 |
$52.84 |
$52.23 |
$52.80 |
$53.68 |
$58.21 |
$69.32 |
$64.24 |
$62.26 |
$66.77 |
$71.74 |
Total Capital |
|
1,130 |
1,065 |
1,131 |
1,103 |
1,082 |
980 |
915 |
922 |
992 |
920 |
988 |
Total Debt |
|
720 |
692 |
777 |
747 |
723 |
595 |
493 |
505 |
585 |
496 |
560 |
Total Long-Term Debt |
|
720 |
692 |
777 |
747 |
723 |
595 |
493 |
505 |
585 |
496 |
560 |
Net Debt |
|
702 |
673 |
764 |
726 |
702 |
579 |
482 |
495 |
572 |
484 |
544 |
Capital Expenditures (CapEx) |
|
1.07 |
1.53 |
1.07 |
1.78 |
1.32 |
1.13 |
1.49 |
1.45 |
1.17 |
1.47 |
0.00 |
Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
1.06 |
0.58 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
|
720 |
692 |
777 |
747 |
723 |
595 |
493 |
505 |
585 |
496 |
560 |
Total Depreciation and Amortization (D&A) |
|
8.71 |
9.30 |
7.53 |
6.68 |
7.35 |
6.53 |
6.33 |
6.64 |
6.77 |
7.05 |
0.94 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$1.20 |
$3.08 |
($1.53) |
($0.24) |
$1.00 |
$4.28 |
$1.82 |
$2.78 |
$2.89 |
$5.96 |
$2.46 |
Adjusted Weighted Average Basic Shares Outstanding |
|
6.12M |
6.07M |
5.74M |
5.73M |
5.76M |
5.75M |
5.48M |
5.78M |
5.77M |
5.75M |
5.44M |
Adjusted Diluted Earnings per Share |
|
$1.14 |
$2.95 |
($1.53) |
($0.24) |
$0.98 |
$4.21 |
$1.79 |
$2.71 |
$2.84 |
$5.85 |
$2.45 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
6.40M |
6.36M |
5.74M |
5.73M |
5.86M |
5.90M |
5.57M |
5.94M |
5.86M |
5.86M |
5.46M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
6.55M |
6.28M |
6.28M |
6.26M |
6.23M |
6.24M |
5.85M |
5.75M |
6.08M |
5.84M |
5.75M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
7.33 |
18 |
-7.51 |
-0.06 |
5.80 |
25 |
9.95 |
16 |
17 |
35 |
13 |
Normalized NOPAT Margin |
|
4.93% |
12.43% |
-5.12% |
-0.04% |
4.38% |
16.57% |
8.31% |
12.94% |
13.22% |
22.38% |
10.51% |
Pre Tax Income Margin |
|
5.19% |
15.71% |
-7.31% |
-0.06% |
5.97% |
20.22% |
10.79% |
16.83% |
15.48% |
29.74% |
12.57% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
0.00 |
6.47 |
-0.96 |
-0.01 |
0.56 |
2.47 |
1.32 |
1.67 |
1.67 |
3.24 |
1.42 |
NOPAT to Interest Expense |
|
0.00 |
0.87 |
-0.67 |
0.00 |
0.41 |
2.02 |
1.02 |
1.28 |
1.43 |
2.44 |
1.19 |
EBIT Less CapEx to Interest Expense |
|
0.00 |
6.39 |
-1.06 |
-0.14 |
0.47 |
2.37 |
1.17 |
1.55 |
1.57 |
3.13 |
0.00 |
NOPAT Less CapEx to Interest Expense |
|
0.00 |
0.79 |
-0.77 |
-0.14 |
0.32 |
1.93 |
0.87 |
1.17 |
1.33 |
2.33 |
0.00 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Augmented Payout Ratio |
|
79.66% |
206.12% |
352.81% |
571.59% |
500.53% |
67.42% |
0.00% |
0.00% |
25.84% |
46.81% |
0.00% |
Key Financial Trends
World Acceptance (NASDAQ: WRLD) Financial Summary and Trends Analysis:
Over the last four years, World Acceptance has shown a generally stable and improving financial performance, as reflected in its income, cash flow, and balance sheet statements. Here are the key points drawn from the most recent and comparable quarterly data:
- Net income from continuing operations increased significantly, reaching about $44.3 million in Q4 2025 from $35.1 million in Q4 2024, demonstrating growth in profitability.
- Consistent operating cash flow generation with over $90 million in net cash from continuing operating activities in Q4 2025, up from approximately $83.8 million the prior year quarter.
- Substantial net interest income of $111 million in Q3 2025, indicating a strong core revenue stream from lending activities.
- Provision for loan losses remains considerable but relatively stable, suggesting disciplined credit risk management as the provision fluctuated from $44.1 million in Q3 2025 to $29.3 million in Q4 2024, reflecting loan portfolio quality maintenance.
- Increase in total common equity to approximately $428 million as of Q3 2025 from $407 million in Q3 2024, signaling strengthened capitalization and financial stability.
- Net cash from investing activities increased significantly to $48.1 million in Q4 2025, largely due to increased purchases/sales of investment securities and property improvements, which may support future growth.
- The company carries significant long-term debt of around $560 million as of Q3 2025, slightly down from previous quarters, demonstrating continued leverage but with signs of modest deleveraging.
- Non-interest expenses, including salaries, occupancy, and marketing, have remained high but stable around $67 million for Q3 2025, indicating effective cost control in a competitive lending environment.
- Cash interest paid remains substantial (~$8.2 million in Q4 2025), reflecting ongoing financing costs associated with the company’s debt strategy.
- Negative net cash from financing activities of about -$145 million in Q4 2025 suggests significant debt repayments and common equity repurchases, indicating a focus on optimizing capital structure despite high leverage.
Summary: World Acceptance’s recent financial data shows improving profitability and strong operating cash flows, supported by stable loan interest income and provision for loan losses under control. The balance sheet reflects a healthy equity base with attempts at managing leverage through debt repayment and equity repurchases. Continued investments in property and securities hint towards strategic growth initiatives. Investors should monitor the company’s ability to manage debt levels and maintain credit quality amidst evolving economic conditions.
10/20/25 09:51 AM ETAI Generated. May Contain Errors.