Ravin Prashad - World Acceptance President CEO, Director

WRLD Stock  USD 137.72  1.48  1.06%   

CEO

Mr. Ravin Chad Prashad is President, Chief Executive Officer, Director of the Company. Mr. Prashad has served as Senior Vice President and Chief Strategy and Analytics Officer since February 2018 and as Vice President of Analytics from June 2014 to February 2018. Previously, Mr. Prashad served as Senior Director of Strategy Development for Resurgent Capital Services from 2013 to 2014 and Director of Legal Strategy for Resurgent Capital Services from 2009 to 2013 since 2018.
Age 43
Tenure 6 years
Address 104 South Main Street, Greenville, SC, United States, 29601
Phone864 298 9800
Webhttps://www.loansbyworld.com
Prashad holds a Bachelor of Arts in Political Science and dual major BS in Business Administration and Economics from Presbyterian College and a Master of Arts in Economics from Clemson University. He has served on the Board of Directors of Fostering Great Ideas, a nonprofit organization, since 2013, serving as Chairman in 2015 and 2016.

World Acceptance Management Efficiency

The company has return on total asset (ROA) of 0.0727 % which means that it generated a profit of $0.0727 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1746 %, meaning that it created $0.1746 on every $100 dollars invested by stockholders. World Acceptance's management efficiency ratios could be used to measure how well World Acceptance manages its routine affairs as well as how well it operates its assets and liabilities. As of April 24, 2024, Return On Tangible Assets is expected to decline to 0.02. In addition to that, Return On Capital Employed is expected to decline to 0.06. At present, World Acceptance's Other Assets are projected to increase significantly based on the last few years of reporting. The current year's Net Tangible Assets is expected to grow to about 432.5 M, whereas Non Currrent Assets Other are projected to grow to (45.6 B).
The company currently holds 679 M in liabilities with Debt to Equity (D/E) ratio of 2.34, implying the company greatly relies on financing operations through barrowing. World Acceptance has a current ratio of 17.9, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist World Acceptance until it has trouble settling it off, either with new capital or with free cash flow. So, World Acceptance's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like World Acceptance sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for World to invest in growth at high rates of return. When we think about World Acceptance's use of debt, we should always consider it together with cash and equity.

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World Acceptance Corporation, together with its subsidiaries, engages in small-loan consumer finance business. World Acceptance Corporation was founded in 1962 and is headquartered in Greenville, South Carolina. World Acceptance operates under Credit Services classification in the United States and is traded on NASDAQ Exchange. It employs 3121 people. World Acceptance (WRLD) is traded on NASDAQ Exchange in USA. It is located in 104 South Main Street, Greenville, SC, United States, 29601 and employs 22 people. World Acceptance is listed under Consumer Finance category by Fama And French industry classification.

Management Performance

World Acceptance Leadership Team

Elected by the shareholders, the World Acceptance's board of directors comprises two types of representatives: World Acceptance inside directors who are chosen from within the company, and outside directors, selected externally and held independent of World. The board's role is to monitor World Acceptance's management team and ensure that shareholders' interests are well served. World Acceptance's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, World Acceptance's outside directors are responsible for providing unbiased perspectives on the board's policies.
Scott Vassalluzzo, Independent Director
Tara Bullock, Senior Vice President General Counsel, Secretary
John Calmes, CFO, Sr. VP and Treasurer
Jeff Tinney, Senior Vice President - Western Division
Ravin Prashad, President CEO, Director
Victoria Hammond, Senior Marketing
Alice Caulder, Senior Resources
Erik Brown, Senior Vice President Central Division
Ken Bramlett, Lead Independent Director
Darrell Whitaker, Independent Director
Charles Way, Independent Director
Jackie Willyard, Senior Vice President - South Eastern Division
Janet Matricciani, CEO and Director
Jason Childers, Senior Solutions
Ricardo Saldana, VP Operations
Daniel Dyer, Senior Vice President - Central Division
Francisco Pozo, Sr. VP of Mexico
James Gilreath, Independent Director
James Wanserski, Interim President and CEO
Chad Prashad, President CEO, Director
Luke Umstetter, General VP
Scott McIntyre, Principal Accounting Officer

World Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is World Acceptance a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards World Acceptance in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, World Acceptance's short interest history, or implied volatility extrapolated from World Acceptance options trading.

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When determining whether World Acceptance is a strong investment it is important to analyze World Acceptance's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact World Acceptance's future performance. For an informed investment choice regarding World Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in World Acceptance. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
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Is World Acceptance's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of World Acceptance. If investors know World will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about World Acceptance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.869
Earnings Share
11.36
Revenue Per Share
100.58
Quarterly Revenue Growth
(0.06)
Return On Assets
0.0727
The market value of World Acceptance is measured differently than its book value, which is the value of World that is recorded on the company's balance sheet. Investors also form their own opinion of World Acceptance's value that differs from its market value or its book value, called intrinsic value, which is World Acceptance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because World Acceptance's market value can be influenced by many factors that don't directly affect World Acceptance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between World Acceptance's value and its price as these two are different measures arrived at by different means. Investors typically determine if World Acceptance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, World Acceptance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.