CURO Group Story

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CURO -- USA Stock  

USD 15.83  0.52  3.40%

The next fiscal quarter end is expected on the 31st of December 2020. The stock is still going through an active upward rally. CURO Group Profit Margin is quite stable at the moment as compared to the past year. The company's current value of Profit Margin is estimated at 0.18. Return on Average Assets is expected to rise to 0.11 this year, although the value of Average Assets will most likely fall to about 1.1 B. As many investors are getting excited about financial services space, it is fair to outline CURO Group Holdings as an investment option.
Published over three weeks ago
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Will latest CURO Group (NYSE:CURO) debt levels change next month?
This firm currently holds 918.29 M in liabilities with Debt to Equity (D/E) ratio of 8.16, indicating the firm may have difficulties to generate enough cash to satisfy its financial obligations. The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. CURO Group has an asset utilization ratio of 108.91 percent. This suggests that the company is making $1.09 for each dollar of assets. An increasing asset utilization means that CURO Group Holdings is more efficient with each dollar of assets it utilizes for everyday operations.
CURO Group financial leverage ratio helps determine the effect of debt on the overall profitability of the company. It measures the total debt position of CURO Group, including all of CURO Group's outstanding debt obligations, and compares it with the equity. In simple terms, the high financial leverage means the cost of production, together with running the business day-to-day, is high, whereas, lower financial leverage implies lower fixed cost investment in the business and generally considered by investors to be a good sign. So if creditors own a majority of CURO Group assets, the company is considered highly leveraged. Understanding the composition and structure of overall CURO Group debt and outstanding corporate bonds gives a good idea of how risky the capital structure of a business is and if it is worth investing in it. Please read more on our technical analysis page.

Understanding CURO Group Total Debt

CURO Group Holdings liabilities are broken down into two parts on the balance sheet. These are short-term (or current) obligations and long-term debt. CURO Group Holdings has to fulfill its short-term liabilities in this reporting year and should be no more than 12 months old. Long-term debt, on the other hand, is anything beyond the 12-month payment timeframe. Common short-term liabilities found on CURO Group balance sheet include debt obligations and money owed to different CURO Group vendors, workers, and loan providers. Below is the chart of CURO Group main long-term debt accounts currently reported on its balance sheet.
You can use CURO Group Holdings financial leverage analysis tool to get a better grip on understanding its financial position

How important is CURO Group's Liquidity

CURO Group financial leverage refers to using borrowed capital as a funding source to finance CURO Group Holdings ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. CURO Group financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between CURO Group's total debt and its cash.

Exercise or conversion by Donald Gayhardt of 15000 shares of CURO Group subject to Rule 16b-3

Legal trades by CURO Group insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
CURO Group insider trading alert for exercise of stock option (right to buy) by Donald Gayhardt, President & CEO, on 5th of January 2021. This event was filed by Curo Group Holdings Corp with SEC on 2021-01-05. Statement of changes in beneficial ownership - SEC Form 4 [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

Breaking down CURO Group Indicators

The company reported the previous year's revenue of 947.61 M. Net Income was 99.55 M with profit before overhead, payroll, taxes, and interest of 900.57 M.

Asset Breakdown

324.4 M
Assets Non Current
151.4 M
Goodwill
462 M
Current Assets
Total Assets1.07 Billion
Current Assets462.05 Million
Assets Non Current324.39 Million
Goodwill151.41 Million
Tax Assets15.6 Million

CURO Group implied volatility may change after the rise

CURO Group latest information ratio surges over 0.13. CURO Group Holdings is displaying above-average volatility over the selected time horizon. Investors should scrutinize CURO Group Holdings independently to ensure intended market timing strategies are aligned with expectations about CURO Group volatility.

Our Final Take On CURO Group

Whereas many other companies within the credit services industry are still a little expensive, even after the recent corrections, CURO Group may offer a potential longer-term growth to institutional investors. The inconsistency in the assessment between current CURO Group valuation and our trade advice on CURO Group is due to the recent market swings and your selection of investing horizon. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to CURO Group.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of CURO Group Holdings. Please refer to our Terms of Use for any information regarding our disclosure principles.

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