World Intangible Assets vs Net Tangible Assets Analysis

WRLD Stock

USD 131.28 3.92 2.90%

World Acceptance financial indicator trend analysis is more than just analyzing World Acceptance current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether World Acceptance is a good investment. Please check the relationship between World Acceptance Intangible Assets and its Net Tangible Assets accounts. 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.

For information on how to trade World Stock refer to our How to Trade World Stock guide.

Intangible Assets vs Net Tangible Assets

Intangible Assets vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of World Acceptance Intangible Assets account and Net Tangible Assets. At this time, the significance of the direction appears to have no relationship.

The correlation between World Acceptance's Intangible Assets and Net Tangible Assets is 0.05. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of World Acceptance, assuming nothing else is changed. The correlation between historical values of World Acceptance's Intangible Assets and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of World Acceptance are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Intangible Assets i.e., World Acceptance's Intangible Assets and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.05

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Most indicators from World Acceptance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into World Acceptance current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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.

For information on how to trade World Stock refer to our How to Trade World Stock guide.At present, World Acceptance's Enterprise Value Over EBITDA is projected to increase based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 11.48, whereas Tax Provision is forecasted to decline to about 5.1 M.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	5.0M	4.5M	10.8M	11.4M
Income Tax Expense	11.7M	5.9M	22.1M	25.2M

Depreciation And Amortization Income Tax Expense

World Acceptance fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Other Current Liab	Total Current Liabilities	Accounts Payable	Other Current Assets	Other Liab	Long Term Debt	Good Will	Intangible Assets	Property Plant Equipment
Common Stock Shares Outstanding		-0.76	-0.76	-0.55	-0.72	-0.75	-0.48	-0.34	0.13	0.25	-0.17	-0.34	0.16	0.48	-0.78	-0.73	0.17	0.14	0.14	-0.75	0.86	-0.66	-0.73	-0.92	-0.45	-0.63
Total Assets	-0.76		0.74	0.68	0.57	0.73	0.12	0.43	-0.06	-0.19	0.06	0.43	-0.04	-0.17	0.76	0.53	-0.06	-0.05	-0.05	0.87	-0.85	0.6	0.6	0.74	0.43	0.39
Short Long Term Debt Total	-0.76	0.74		0.14	0.8	1.0	0.47	0.25	-0.3	-0.42	0.3	0.25	-0.19	-0.49	1.0	0.79	-0.3	-0.29	-0.29	0.71	-0.67	0.54	0.94	0.72	0.44	0.74
Total Stockholder Equity	-0.55	0.68	0.14		0.13	0.12	-0.07	0.34	0.2	0.16	-0.19	0.34	0.07	0.06	0.18	0.11	0.19	0.2	0.2	0.6	-0.77	0.47	0.06	0.65	0.18	0.01
Property Plant And Equipment Net	-0.72	0.57	0.8	0.13		0.81	0.53	-0.07	-0.6	-0.61	0.61	-0.07	-0.57	-0.53	0.8	0.99	-0.6	-0.57	-0.57	0.78	-0.5	0.5	0.72	0.68	0.8	0.68
Net Debt	-0.75	0.73	1.0	0.12	0.81		0.49	0.21	-0.33	-0.44	0.33	0.21	-0.22	-0.5	1.0	0.8	-0.33	-0.33	-0.32	0.71	-0.66	0.52	0.94	0.71	0.45	0.75
Retained Earnings	-0.48	0.12	0.47	-0.07	0.53	0.49		-0.18	-0.4	-0.53	0.4	-0.18	-0.39	-0.99	0.47	0.61	-0.4	-0.38	-0.38	0.3	-0.23	0.35	0.66	0.52	0.09	0.85
Cash	-0.34	0.43	0.25	0.34	-0.07	0.21	-0.18		0.56	0.42	-0.56	1.0	0.58	0.15	0.27	-0.09	0.56	0.7	0.7	0.18	-0.44	0.52	0.2	0.27	-0.2	-0.05
Non Current Assets Total	0.13	-0.06	-0.3	0.2	-0.6	-0.33	-0.4	0.56		0.88	-0.99	0.56	0.95	0.4	-0.29	-0.6	0.99	0.95	0.95	-0.32	-0.11	-0.22	-0.28	-0.16	-0.69	-0.45
Non Currrent Assets Other	0.25	-0.19	-0.42	0.16	-0.61	-0.44	-0.53	0.42	0.88		-0.89	0.42	0.84	0.59	-0.41	-0.6	0.89	0.85	0.85	-0.36	-0.01	-0.23	-0.35	-0.19	-0.62	-0.53
Other Assets	-0.17	0.06	0.3	-0.19	0.61	0.33	0.4	-0.56	-0.99	-0.89		-0.56	-0.96	-0.41	0.3	0.61	-1.0	-0.95	-0.95	0.32	0.09	0.22	0.28	0.17	0.69	0.45
Cash And Short Term Investments	-0.34	0.43	0.25	0.34	-0.07	0.21	-0.18	1.0	0.56	0.42	-0.56		0.58	0.15	0.27	-0.09	0.56	0.7	0.7	0.18	-0.44	0.52	0.2	0.27	-0.2	-0.05
Non Current Liabilities Total	0.16	-0.04	-0.19	0.07	-0.57	-0.22	-0.39	0.58	0.95	0.84	-0.96	0.58		0.39	-0.19	-0.58	0.96	0.91	0.91	-0.35	-0.09	-0.21	-0.16	-0.18	-0.69	-0.43
Other Stockholder Equity	0.48	-0.17	-0.49	0.06	-0.53	-0.5	-0.99	0.15	0.4	0.59	-0.41	0.15	0.39		-0.48	-0.59	0.41	0.39	0.38	-0.32	0.23	-0.34	-0.64	-0.49	-0.12	-0.83
Total Liab	-0.78	0.76	1.0	0.18	0.8	1.0	0.47	0.27	-0.29	-0.41	0.3	0.27	-0.19	-0.48		0.79	-0.3	-0.28	-0.28	0.74	-0.7	0.56	0.94	0.74	0.45	0.74
Property Plant And Equipment Gross	-0.73	0.53	0.79	0.11	0.99	0.8	0.61	-0.09	-0.6	-0.6	0.61	-0.09	-0.58	-0.59	0.79		-0.61	-0.58	-0.58	0.75	-0.49	0.51	0.75	0.71	0.75	0.74
Total Current Assets	0.17	-0.06	-0.3	0.19	-0.6	-0.33	-0.4	0.56	0.99	0.89	-1.0	0.56	0.96	0.41	-0.3	-0.61		0.95	0.95	-0.31	-0.09	-0.22	-0.28	-0.17	-0.69	-0.45
Other Current Liab	0.14	-0.05	-0.29	0.2	-0.57	-0.33	-0.38	0.7	0.95	0.85	-0.95	0.7	0.91	0.39	-0.28	-0.58	0.95		1.0	-0.28	-0.1	0.0	-0.27	-0.15	-0.65	-0.43
Total Current Liabilities	0.14	-0.05	-0.29	0.2	-0.57	-0.32	-0.38	0.7	0.95	0.85	-0.95	0.7	0.91	0.38	-0.28	-0.58	0.95	1.0		-0.27	-0.1	0.0	-0.27	-0.14	-0.65	-0.43
Accounts Payable	-0.75	0.87	0.71	0.6	0.78	0.71	0.3	0.18	-0.32	-0.36	0.32	0.18	-0.35	-0.32	0.74	0.75	-0.31	-0.28	-0.27		-0.73	0.62	0.6	0.77	0.66	0.54
Other Current Assets	0.86	-0.85	-0.67	-0.77	-0.5	-0.66	-0.23	-0.44	-0.11	-0.01	0.09	-0.44	-0.09	0.23	-0.7	-0.49	-0.09	-0.1	-0.1	-0.73		-0.65	-0.62	-0.91	-0.24	-0.41
Other Liab	-0.66	0.6	0.54	0.47	0.5	0.52	0.35	0.52	-0.22	-0.23	0.22	0.52	-0.21	-0.34	0.56	0.51	-0.22	0.0	0.0	0.62	-0.65		0.54	0.71	0.33	0.44
Long Term Debt	-0.73	0.6	0.94	0.06	0.72	0.94	0.66	0.2	-0.28	-0.35	0.28	0.2	-0.16	-0.64	0.94	0.75	-0.28	-0.27	-0.27	0.6	-0.62	0.54		0.74	0.25	0.85
Good Will	-0.92	0.74	0.72	0.65	0.68	0.71	0.52	0.27	-0.16	-0.19	0.17	0.27	-0.18	-0.49	0.74	0.71	-0.17	-0.15	-0.14	0.77	-0.91	0.71	0.74		0.37	0.63
Intangible Assets	-0.45	0.43	0.44	0.18	0.8	0.45	0.09	-0.2	-0.69	-0.62	0.69	-0.2	-0.69	-0.12	0.45	0.75	-0.69	-0.65	-0.65	0.66	-0.24	0.33	0.25	0.37		0.27
Property Plant Equipment	-0.63	0.39	0.74	0.01	0.68	0.75	0.85	-0.05	-0.45	-0.53	0.45	-0.05	-0.43	-0.83	0.74	0.74	-0.45	-0.43	-0.43	0.54	-0.41	0.44	0.85	0.63	0.27

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World Acceptance Account Relationship Matchups

World Acceptance fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	8.0M	6.7M	6.4M	5.9M	5.9M	5.6M
Total Assets	1.0B	954.3M	1.2B	1.1B	1.1B	566.6M
Short Long Term Debt Total	553.9M	496.7M	779.8M	679.0M	578.0M	606.8M
Total Stockholder Equity	414.5M	404.9M	373.0M	385.2M	424.4M	271.1M
Property Plant And Equipment Net	126.4M	116.4M	110.7M	105.2M	102.4M	107.5M
Net Debt	542.2M	481.0M	760.6M	662.5M	566.1M	594.4M
Retained Earnings	184.7M	149.3M	92.1M	97.2B	111.7B	117.3B
Cash	11.6M	15.7M	19.2M	16.5M	11.8M	9.7M
Non Current Assets Total	158.3M	147.3M	137.8M	127.9M	194.0M	184.3M
Non Currrent Assets Other	(158.3M)	(147.3M)	(137.8M)	(41.7B)	42.2M	40.1M
Other Assets	853.9M	791.2M	1.1B	972.9M	1.1B	1.1B
Cash And Short Term Investments	11.6M	15.7M	19.2M	16.5M	11.8M	9.7M
Liabilities And Stockholders Equity	1.0B	954.3M	1.2B	1.1B	1.1B	566.6M
Non Current Liabilities Total	553.9M	496.7M	58.0M	50.6M	578.0M	549.1M
Other Stockholder Equity	229.7M	255.6M	280.9M	(96.8B)	(87.1B)	(82.7B)
Total Liab	613.6M	549.3M	845.3M	732.1M	631.9M	663.5M
Property Plant And Equipment Gross	126.4M	116.4M	110.7M	105.2M	121.0M	127.0M
Total Current Assets	15.9M	15.7M	19.2M	16.5M	862.4M	819.3M
Other Current Liab	(59.7M)	(41.0M)	(58.0M)	(50.6M)	(58.1M)	(55.2M)
Total Current Liabilities	59.7M	41.0M	58.0M	50.6M	54.0M	51.3M
Accounts Payable	59.7M	41.0M	58.0M	50.6M	54.0M	34.5M
Other Current Assets	(11.6M)	(15.7M)	(19.2M)	(16.5M)	(14.9M)	(14.2M)
Long Term Debt	451.1M	405.0M	692.4M	595.3M	684.6M	718.8M
Intangible Assets	24.4M	23.5M	19.8M	15.3M	11.1M	10.5M
Property Plant Equipment	24.8M	26.3M	110.7M	105.2M	121.0M	127.0M
Net Receivables	4.3M	733.7B	985.5B	887.8B	3.1M	2.9M
Net Tangible Assets	380.1M	374.0M	345.9M	362.6M	417.0M	432.5M
Retained Earnings Total Equity	391.3M	354.0M	184.7M	149.3M	134.4M	217.2M
Long Term Debt Total	244.9M	251.9M	451.1M	405.0M	364.5M	296.7M
Capital Surpluse	175.9M	198.1M	227.2M	255.6M	293.9M	171.1M
Long Term Investments	725.2M	755.6M	804.4M	733.7M	843.7M	802.7M
Common Stock	414.5M	404.9M	373.0M	424.4M	488.1M	512.5M
Net Invested Capital	863.1M	405.0M	692.4M	595.3M	535.7M	552.8M

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:

How To Invest In World

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Is World Stock a good investment?

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What is World Acceptance's Net Worth?

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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.

For information on how to trade World Stock refer to our How to Trade World Stock guide.

You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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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

0.393

Earnings Share

13.19

Revenue Per Share

97.785

Quarterly Revenue Growth

(0.05)

Return On Assets

0.0849

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.

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World Intangible Assets vs Net Tangible Assets Analysis

Intangible Assets vs Net Tangible Assets

Intangible Assets vs Net Tangible Assets Correlation Analysis

Correlation Coefficient

Intangible Assets

Net Tangible Assets

World Acceptance fundamental ratios Correlations

World Acceptance Account Relationship Matchups

High Positive Relationship

High Negative Relationship

World Acceptance fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Net Debt
Cash And Short Term Investments	+ 1.0	Cash
Total Current Liabilities	+ 1.0	Other Current Liab
Property Plant And Equipment Gross	+ 0.99	Property Plant And Equipment Net

Total Current Assets	- 1.0	Other Assets
Other Assets	- 0.99	Non Current Assets Total
Other Stockholder Equity	- 0.99	Retained Earnings
Non Current Liabilities Total	- 0.96	Other Assets
Total Current Liabilities	- 0.95	Other Assets
Other Current Liab	- 0.95	Other Assets