World Pretax Profit Margin from 2010 to 2024

WRLD Stock  USD 133.37  1.04  0.79%   
World Acceptance's Pretax Profit Margin is decreasing over the years with slightly volatile fluctuation. Pretax Profit Margin is expected to dwindle to 0.05. During the period from 2010 to 2024 World Acceptance Pretax Profit Margin annual values regression line had geometric mean of  0.15 and mean square error of  0. View All Fundamentals
 
Pretax Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.0506
Current Value
0.0481
Quarterly Volatility
0.09769914
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check World Acceptance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among World main balance sheet or income statement drivers, such as Interest Expense of 60.9 M, Other Operating Expenses of 413.1 B or Operating Income of 74.7 M, as well as many exotic indicators such as Price To Sales Ratio of 0.85, Dividend Yield of 0.0015 or PTB Ratio of 2.65. World financial statements analysis is a perfect complement when working with World Acceptance Valuation or Volatility modules.
  
This module can also supplement various World Acceptance Technical models . Check out the analysis of World Acceptance Correlation against competitors.
For information on how to trade World Stock refer to our How to Trade World Stock guide.

Latest World Acceptance's Pretax Profit Margin Growth Pattern

Below is the plot of the Pretax Profit Margin of World Acceptance over the last few years. It is World Acceptance's Pretax Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in World Acceptance's overall financial position and show how it may be relating to other accounts over time.
Pretax Profit Margin10 Years Trend
Slightly volatile
   Pretax Profit Margin   
       Timeline  

World Pretax Profit Margin Regression Statistics

Arithmetic Mean0.18
Geometric Mean0.15
Coefficient Of Variation53.29
Mean Deviation0.08
Median0.21
Standard Deviation0.1
Sample Variance0.01
Range0.2598
R-Value(0.87)
Mean Square Error0
R-Squared0.76
Significance0.000023
Slope(0.02)
Total Sum of Squares0.13

World Pretax Profit Margin History

2024 0.0481
2023 0.0506
2022 0.044
2021 0.11
2020 0.21
2019 0.0591
2018 0.17

About World Acceptance Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include World Acceptance income statement, its balance sheet, and the statement of cash flows. World Acceptance investors use historical funamental indicators, such as World Acceptance's Pretax Profit Margin, to determine how well the company is positioned to perform in the future. Although World Acceptance investors may use each financial statement separately, they are all related. The changes in World Acceptance's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on World Acceptance's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on World Acceptance Financial Statements. Understanding these patterns can help to make the right decision on long term investment in World Acceptance. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.05  0.05 
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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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 the analysis of World Acceptance Correlation against competitors.
For information on how to trade World Stock refer to our How to Trade World Stock guide.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

Complementary Tools for World Stock analysis

When running World Acceptance's price analysis, check to measure World Acceptance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy World Acceptance is operating at the current time. Most of World Acceptance's value examination focuses on studying past and present price action to predict the probability of World Acceptance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move World Acceptance's price. Additionally, you may evaluate how the addition of World Acceptance to your portfolios can decrease your overall portfolio volatility.
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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.