World Short Long Term Debt Total vs Other Stockholder Equity Analysis
WRLD Stock | USD 126.96 2.06 1.60% |
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 Short Long Term Debt Total and its Other Stockholder Equity 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.
Short Long Term Debt Total vs Other Stockholder Equity
Short Long Term Debt Total vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of World Acceptance Short Long Term Debt Total account and Other Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between World Acceptance's Short Long Term Debt Total and Other Stockholder Equity is -0.49. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Other Stockholder Equity 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 Short Long Term Debt Total and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of World Acceptance are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Short Long Term Debt Total i.e., World Acceptance's Short Long Term Debt Total and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.49 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Short Long Term Debt Total
Other Stockholder Equity
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 |
World Acceptance fundamental ratios Correlations
Click cells to compare fundamentals
World Acceptance Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
Also Currently Popular
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 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 Transaction History module to view history of all your transactions and understand their impact on performance.
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.
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges |
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.