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World Acceptance (WRLD) Financials

World Acceptance logo
$165.30 -5.46 (-3.20%)
Closing price 04:00 PM Eastern
Extended Trading
$165.27 -0.03 (-0.02%)
As of 04:10 PM Eastern
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Annual Income Statements for World Acceptance

Annual Income Statements for World Acceptance

This table shows World Acceptance's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 3/31/2015 3/31/2016 3/31/2017 3/31/2018 3/31/2019 3/31/2020 3/31/2021 3/31/2022 3/31/2023 3/31/2024 3/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 111 87 74 54 37 28 88 54 21 77 90
Consolidated Net Income / (Loss)		 111 87 74 54 37 28 88 54 21 77 90
Net Income / (Loss) Continuing Operations		 111 87 68 49 74 28 88 54 21 77 90
Total Pre-Tax Income 		176 138 106 97 90 35 111 66 27 99 112
Total Revenue		 610 557 469 484 527 564 502 552 566 525 522
Net Interest Income / (Expense)		 0.00 0.00 406 417 451 482 425 452 458 420 422
Total Interest Income		 0.00 0.00 428 436 469 508 451 486 508 469 465
Loans and Leases Interest Income		 - - 428 436 469 508 451 486 508 469 465
Total Interest Expense		 0.00 0.00 22 19 18 26 26 33 50 48 43
Long-Term Debt Interest Expense		 - - 22 19 18 26 26 33 50 48 43
Total Non-Interest Income		 610 557 63 67 75 82 77 100 108 105 100
Provision for Credit Losses		 119 124 119 118 148 182 86 186 259 157 169
Total Non-Interest Expense		 315 296 244 269 288 347 305 300 279 269 241
Salaries and Employee Benefits		 192 170 159 164 181 204 185 183 178 164 141
Net Occupancy & Equipment Expense		 42 44 38 39 49 54 56 52 52 50 49
Marketing Expense		 17 17 17 21 22 24 17 18 6.10 9.93 10
Other Operating Expenses		 63 65 31 43 35 60 41 42 39 40 37
Amortization Expense		 0.72 0.53 0.49 0.99 1.53 5.01 5.47 5.01 4.47 4.22 3.81
Income Tax Expense		 65 50 38 48 16 6.75 23 12 5.91 22 22
Basic Earnings per Share		 $12.12 $10.12 $8.45 $6.11 $4.14 $3.66 $13.59 $8.88 $3.69 $13.45 $16.54
Weighted Average Basic Shares Outstanding		 9.15M 8.64M 8.71M 8.79M 8.99M 7.69M 6.49M 6.07M 5.75M 5.75M 5.43M
Diluted Earnings per Share		 $11.90 $10.05 $8.38 $5.99 $4.05 $3.54 $13.23 $8.47 $3.60 $13.19 $16.30
Weighted Average Diluted Shares Outstanding		 9.32M 8.69M 8.78M 8.96M 9.20M 7.95M 6.67M 6.36M 5.90M 5.86M 5.51M
Weighted Average Basic & Diluted Shares Outstanding		 9.10M 8.60M 8.70M 8.80M 9M 7.51M 6.78M 6.28M 6.24M 5.84M 5.31M

Quarterly Income Statements for World Acceptance

This table shows World Acceptance's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q3 2025
Period end date 12/31/2021 3/31/2022 6/30/2022 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2024 12/31/2023 3/31/2024 12/31/2024
Net Income / (Loss) Attributable to Common Shareholders		 7.33 18 -8.57 -0.64 5.80 25 9.54 22 17 35 13
Consolidated Net Income / (Loss)		 7.33 18 -8.57 -0.64 5.80 25 9.54 22 17 35 13
Net Income / (Loss) Continuing Operations		 7.33 18 -8.57 -0.64 5.80 25 9.54 22 17 35 13
Total Pre-Tax Income 		7.72 23 -11 -0.09 7.90 30 12 28 20 46 16
Total Revenue		 149 148 147 138 132 149 127 121 126 155 127
Net Interest Income / (Expense)		 0.00 237 119 117 112 109 104 103 107 108 111
Total Interest Income		 0.00 258 130 130 126 121 117 114 119 122 122
Loans and Leases Interest Income		 - - 130 130 126 121 117 114 119 122 122
Total Interest Expense		 0.00 21 11 13 14 12 12 10 12 14 11
Long-Term Debt Interest Expense		 - - 11 13 14 12 12 10 12 14 11
Total Non-Interest Income		 149 -89 28 21 20 39 23 18 19 47 16
Provision for Credit Losses		 - - 86 69 60 45 47 47 41 30 44
Total Non-Interest Expense		 141 11 72 70 65 73 68 46 66 78 67
Salaries and Employee Benefits		 44 47 45 45 41 47 42 22 40 49 41
Net Occupancy & Equipment Expense		 13 13 13 13 13 12 13 12 12 13 12
Marketing Expense		 6.85 2.40 2.21 1.01 1.32 1.55 2.75 2.82 3.72 2.31 4.45
Other Operating Expenses		 76 -53 9.90 8.79 8.88 12 9.89 8.48 9.16 13 8.47
Amortization Expense		 1.28 1.27 1.13 1.11 1.11 1.11 1.07 0.96 1.05 1.10 0.94
Income Tax Expense		 0.39 4.86 -2.16 0.55 2.10 5.43 2.82 5.80 2.85 11 2.62
Basic Earnings per Share		 $1.20 $3.08 ($1.49) ($0.11) $1.01 $4.28 $1.65 $4.05 $2.89 $5.96 $2.46
Weighted Average Basic Shares Outstanding		 6.12M 6.07M 5.74M 5.73M 5.76M 5.75M 5.77M 5.47M 5.77M 5.75M 5.44M
Diluted Earnings per Share		 $1.14 $2.95 ($1.49) ($0.11) $0.99 $4.21 $1.62 $3.99 $2.84 $5.85 $2.45
Weighted Average Diluted Shares Outstanding		 6.40M 6.36M 5.74M 5.73M 5.86M 5.90M 5.89M 5.55M 5.86M 5.86M 5.46M
Weighted Average Basic & Diluted Shares Outstanding		 6.55M 6.28M 6.28M 6.26M 6.23M 6.24M 5.85M 5.75M 6.08M 5.84M 5.75M

Annual Cash Flow Statements for World Acceptance

This table details how cash moves in and out of World Acceptance's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 3/31/2015 3/31/2016 3/31/2017 3/31/2018 3/31/2019 3/31/2020 3/31/2021 3/31/2022 3/31/2023 3/31/2024 3/31/2025
Net Change in Cash & Equivalents		 19 -26 2.82 17 -23 2.28 4.13 3.49 -2.73 -4.67 -2.11
Net Cash From Operating Activities		 242 206 219 218 245 281 227 272 292 266 254
Net Cash From Continuing Operating Activities		 242 206 136 218 245 280 227 272 292 266 254
Net Income / (Loss) Continuing Operations		 111 87 0.00 54 37 28 88 54 21 77 90
Consolidated Net Income / (Loss)		 111 87 - 54 37 28 88 54 21 77 90
Provision For Loan Losses		 119 124 119 131 148 182 86 186 259 157 169
Depreciation Expense		 6.54 6.50 6.92 7.34 6.61 7.67 8.27 10 6.24 6.67 6.33
Amortization Expense		 1.14 3.30 2.52 1.86 2.12 29 24 23 22 20 19
Non-Cash Adjustments to Reconcile Net Income		 -3.93 -7.21 3.95 14 52 30 27 3.13 1.03 7.10 -23
Changes in Operating Assets and Liabilities, net		 8.48 -7.51 2.88 9.73 -2.18 4.37 -6.18 -4.42 -18 -2.43 -6.46
Net Cash From Investing Activities		 -108 -102 -132 -170 -207 -279 -82 -452 -181 -135 -153
Net Cash From Continuing Investing Activities		 -108 -102 -132 -170 -207 -279 -82 -452 -181 -135 -153
Purchase of Property, Leasehold Improvements and Equipment		 -8.59 -8.65 -6.81 -9.17 -9.81 -11 -12 -6.07 -5.83 -5.93 -3.68
Purchase of Investment Securities		 -117 -94 -105 -143 -191 -207 -56 -447 -175 -130 -150
Sale of Property, Leasehold Improvements and Equipment		 0.40 0.89 0.80 0.31 0.47 0.28 3.16 1.35 0.53 0.35 0.55
Net Cash From Financing Activities		 -112 -129 -84 -31 -63 0.39 -141 183 -114 -135 -104
Net Cash From Continuing Financing Activities		 -112 -129 -84 -31 -63 0.39 -141 183 -114 -135 -104
Issuance of Debt		 311 295 275 295 364 541 311 815 314 306 417
Repayment of Debt		 -315 -427 -355 -346 -357 -343 -358 -529 -411 -405 -466
Repurchase of Common Equity		 -115 0.00 -5.00 -4.61 -75 -197 -102 -111 -14 -36 -54
Other Financing Activities, Net		 7.53 3.33 0.60 24 4.60 0.14 9.09 7.73 -1.89 0.04 -0.32
Cash Interest Paid		 23 24 19 18 17 24 25 21 52 49 45
Cash Income Taxes Paid		 61 63 38 39 23 16 15 31 11 8.95 3.65

Quarterly Cash Flow Statements for World Acceptance

This table details how cash moves in and out of World Acceptance's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q4 2025
Period end date 12/31/2021 3/31/2022 6/30/2022 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 3/31/2025
Net Change in Cash & Equivalents		 1.78 0.57 -5.93 7.39 0.27 -4.45 -0.52 2.80 -6.01 -0.94 -5.85
Net Cash From Operating Activities		 60 105 58 78 69 86 60 63 59 84 91
Net Cash From Continuing Operating Activities		 60 105 58 78 69 86 60 63 59 84 91
Net Income / (Loss) Continuing Operations		 7.33 18 -8.57 -0.64 5.80 25 9.54 16 17 35 44
Consolidated Net Income / (Loss)		 7.33 18 -8.57 -0.64 5.80 25 9.54 16 17 35 44
Provision For Loan Losses		 56 57 86 69 60 45 47 40 41 29 33
Depreciation Expense		 2.57 2.51 1.51 1.51 1.63 1.59 1.57 1.66 1.71 1.73 1.53
Amortization Expense		 6.15 6.79 6.02 5.18 5.72 4.94 4.75 4.99 5.07 5.32 4.61
Non-Cash Adjustments to Reconcile Net Income		 -12 15 -6.15 -1.73 5.66 3.36 -0.58 -2.13 3.73 6.08 2.01
Changes in Operating Assets and Liabilities, net		 -0.33 4.60 -20 5.55 -9.21 5.85 -2.16 2.30 -8.92 6.35 5.51
Net Cash From Investing Activities		 -187 -17 -134 -40 -41 35 -51 -36 -70 22 48
Net Cash From Continuing Investing Activities		 -187 -17 -134 -40 -41 35 -51 -36 -70 22 48
Purchase of Property, Leasehold Improvements and Equipment		 -1.10 -1.59 -1.35 -1.78 -1.39 -1.31 -1.66 -1.54 -1.22 -1.51 -0.87
Purchase of Investment Securities		 -186 -15 -133 -38 -40 37 -50 -35 -69 24 49
Sale of Property, Leasehold Improvements and Equipment		 0.03 0.06 0.28 - 0.07 0.18 0.17 0.10 0.05 0.04 0.11
Net Cash From Financing Activities		 128 -88 70 -31 -28 -126 -8.97 -25 5.14 -107 -145
Net Cash From Continuing Financing Activities		 128 -88 70 -31 -28 -126 -8.97 -25 5.14 -107 -145
Issuance of Debt		 168 108 128 55 69 62 66 58 91 91 119
Repayment of Debt		 -19 -136 -44 -85 -94 -188 -75 -83 -67 -179 -233
Repurchase of Common Equity		 -19 -61 -14 - - -0.00 0.00 - -17 -19 -32
Other Financing Activities, Net		 -1.89 1.09 0.40 - -2.46 0.17 0.71 0.36 -1.88 0.85 0.48
Cash Interest Paid		 4.77 5.30 18 6.81 18 8.93 17 7.23 17 7.60 8.21
Cash Income Taxes Paid		 7.68 4.06 4.01 6.77 - 0.01 2.47 4.71 0.56 1.23 0.45

Annual Balance Sheets for World Acceptance

This table presents World Acceptance's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 3/31/2015 3/31/2016 3/31/2017 3/31/2018 3/31/2019 3/31/2020 3/31/2021 3/31/2022 3/31/2023 3/31/2024 3/31/2025
Total Assets		 866 806 801 841 855 1,030 954 1,218 1,117 1,056 1,008
Cash and Due from Banks		 38 12 15 12 9.34 12 16 19 17 12 9.73
Loans and Leases, Net of Allowance		 742 707 696 679 756 804 1,013 1,389 1,264 1,174 1,122
Loans and Leases		 813 776 768 745 837 901 1,105 1,523 1,390 1,277 1,226
Allowance for Loan and Lease Losses		 70 70 72 66 82 96 92 134 126 103 103
Premises and Equipment, Net		 26 25 24 23 25 25 25 24 24 23 20
Goodwill		 6.12 6.12 6.07 7.03 7.03 7.37 7.37 7.37 7.37 7.37 7.37
Intangible Assets		 3.36 2.92 6.61 6.64 15 24 24 20 15 11 7.39
Other Assets		 50 53 53 113 42 157 -131 -241 -210 -171 -159
Total Liabilities & Shareholders' Equity		 866 806 801 841 855 1,030 954 1,218 1,117 1,056 1,008
Total Liabilities		 551 414 340 300 303 618 549 845 732 632 568
Other Short-Term Payables		 31 31 32 34 39 - 41 58 51 54 42
Long-Term Debt		 501 375 295 245 252 451 405 692 595 496 447
Other Long-Term Liabilities		 18 8.26 13 21 12 167 103 95 86 82 79
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 316 392 461 541 552 412 405 373 385 424 439
Total Preferred & Common Equity		 316 392 461 541 552 412 405 373 385 424 439
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 316 392 461 541 552 412 405 373 385 424 439
Common Stock		 142 139 144 176 198 227 256 281 288 286 266
Retained Earnings		 189 276 345 391 354 185 149 92 97 138 173

Quarterly Balance Sheets for World Acceptance

This table presents World Acceptance's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q3 2025
Period end date 12/31/2021 6/30/2022 9/30/2022 12/31/2022 6/30/2024 9/30/2024 12/31/2023 12/31/2024
Total Assets		 1,270 1,279 1,247 1,217 1,048 1,049 1,120 1,111
Cash and Due from Banks		 19 13 21 21 11 9.75 13 16
Loans and Leases, Net of Allowance		 -133 -156 -156 -145 -110 -114 -121 -116
Allowance for Loan and Lease Losses		 133 156 156 145 110 114 121 116
Premises and Equipment, Net		 25 24 25 24 22 21 23 21
Goodwill		 7.37 7.37 7.37 7.37 7.37 7.37 7.37 7.37
Intangible Assets		 21 19 18 16 10 9.11 12 8.30
Other Assets		 1,332 1,371 1,333 1,292 1,107 1,116 1,185 1,175
Total Liabilities & Shareholders' Equity		 1,270 1,279 1,247 1,217 1,048 1,049 1,120 1,111
Total Liabilities		 861 925 891 857 626 632 713 682
Other Short-Term Payables		 51 53 55 49 50 44 45 41
Long-Term Debt		 720 777 747 723 493 505 585 560
Other Long-Term Liabilities		 89 95 89 86 83 83 82 81
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 409 354 357 360 423 417 407 428
Total Preferred & Common Equity		 409 354 357 360 423 417 407 428
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 409 354 357 360 423 417 407 428
Common Stock		 275 285 289 286 286 269 285 267
Retained Earnings		 134 69 68 73 137 149 122 161

Annual Metrics And Ratios for World Acceptance

This table displays calculated financial ratios and metrics derived from World Acceptance's official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 3/31/2015 3/31/2016 3/31/2017 3/31/2018 3/31/2019 3/31/2020 3/31/2021 3/31/2022 3/31/2023 3/31/2024 3/31/2025
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 1.83% -8.64% -15.81% 3.04% 8.90% 7.13% -10.96% 9.85% 2.60% -7.26% -0.54%
EBITDA Growth		 3.23% -19.61% -21.87% -8.09% -7.02% -27.83% 101.40% -30.79% -44.31% 128.47% 8.48%
EBIT Growth		 3.40% -21.67% -23.16% -8.59% -7.20% -61.16% 219.12% -41.13% -58.61% 266.20% 12.65%
NOPAT Growth		 3.96% -21.15% -22.43% -27.58% 50.53% -61.90% 213.53% -38.92% -60.62% 264.29% 16.03%
Net Income Growth		 3.96% -21.15% -15.78% -27.05% -30.65% -24.38% 213.53% -38.92% -60.62% 264.29% 16.03%
EPS Growth		 23.96% -15.55% -16.62% -28.52% -32.39% -12.59% 273.73% -35.98% -57.50% 266.39% 23.58%
Operating Cash Flow Growth		 -1.66% -14.81% 6.45% -0.61% 12.22% 14.84% -19.23% 20.05% 7.01% -8.84% -4.37%
Free Cash Flow Firm Growth		 77.11% 28.56% -43.15% -75.33% 189.60% -155.24% 558.40% -242.52% 152.66% 29.44% -9.85%
Invested Capital Growth		 0.48% -6.14% -1.35% 3.94% 2.30% 7.34% -6.16% 31.54% -7.97% -6.12% -3.71%
Revenue Q/Q Growth		 2.62% -5.18% -11.67% 9.06% 4.15% 1.31% -1.72% 1.12% 0.13% 1.19% 0.00%
EBITDA Q/Q Growth		 -27.96% -35.53% -52.94% -52.08% -59.97% -75.62% -47.88% -54.85% -85.43% 15.04% 0.00%
EBIT Q/Q Growth		 -28.84% -37.39% -54.94% -54.36% -62.17% -87.52% -52.65% -62.86% -92.21% 19.15% 0.00%
NOPAT Q/Q Growth		 9.42% -17.62% -5.29% -0.78% 19.94% -34.20% 32.35% -32.95% 41.71% 14.88% 0.00%
Net Income Q/Q Growth		 9.42% -17.62% 2.83% -4.80% 30.94% -45.22% 51.97% -32.95% 41.71% 14.88% 0.00%
EPS Q/Q Growth		 16.44% -16.46% 2.57% -6.41% 29.39% -22.20% 38.10% -31.14% 53.85% 14.20% 0.00%
Operating Cash Flow Q/Q Growth		 -0.89% -1.51% -1.02% 4.35% 3.41% 11.91% -6.15% 3.61% -6.23% -0.70% 2.89%
Free Cash Flow Firm Q/Q Growth		 -1.04% 0.90% -38.18% 433.60% 107.63% -104.25% -1.89% -33.61% 69.71% -12.76% 0.00%
Invested Capital Q/Q Growth		 -9.76% -12.37% -7.77% -9.22% -51.53% -11.56% -9.85% -5.69% -9.40% -7.21% 0.00%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 30.11% 26.49% 24.59% 21.93% 18.72% 12.61% 28.53% 17.98% 9.76% 24.04% 26.22%
EBIT Margin		 28.85% 24.73% 22.57% 20.03% 17.07% 6.19% 22.18% 11.89% 4.80% 18.94% 21.45%
Profit (Net Income) Margin		 18.16% 15.68% 15.68% 11.10% 7.07% 4.99% 17.58% 9.77% 3.75% 14.73% 17.19%
Tax Burden Percent		 62.96% 63.38% 69.47% 55.44% 41.43% 80.66% 79.25% 82.22% 78.21% 77.81% 80.14%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 37.04% 36.62% 36.02% 49.31% 17.78% 19.34% 20.75% 17.78% 21.79% 22.19% 19.86%
Return on Invested Capital (ROIC)		 13.60% 11.04% 8.90% 6.37% 9.29% 3.38% 10.55% 5.75% 2.08% 8.14% 9.93%
ROIC Less NNEP Spread (ROIC-NNEP)		 13.60% 11.04% 10.64% 8.07% -5.46% 3.38% 10.55% 5.75% 2.08% 8.14% 9.93%
Return on Net Nonoperating Assets (RNNOA)		 21.98% 13.67% 8.35% 4.35% -2.48% 2.46% 11.06% 8.11% 3.52% 10.97% 10.84%
Return on Equity (ROE)		 35.59% 24.71% 17.26% 10.71% 6.81% 5.84% 21.61% 13.86% 5.60% 19.11% 20.78%
Cash Return on Invested Capital (CROIC)		 13.13% 17.37% 10.27% 2.50% 7.02% -3.70% 16.91% -21.49% 10.38% 14.45% 13.71%
Operating Return on Assets (OROA)		 20.51% 16.49% 13.19% 11.80% 10.60% 3.70% 11.23% 6.04% 2.32% 9.15% 10.85%
Return on Assets (ROA)		 12.92% 10.45% 9.16% 6.54% 4.39% 2.99% 8.90% 4.96% 1.82% 7.12% 8.70%
Return on Common Equity (ROCE)		 35.59% 24.71% 17.26% 10.71% 6.81% 5.84% 21.61% 13.86% 5.60% 19.11% 20.78%
Return on Equity Simple (ROE_SIMPLE)		 35.12% 22.30% 15.96% 9.92% 6.74% 6.84% 21.80% 14.45% 5.51% 18.22% 20.42%
Net Operating Profit after Tax (NOPAT)		 111 87 68 49 74 28 88 54 21 77 90
NOPAT Margin		 18.16% 15.68% 14.44% 10.15% 14.03% 4.99% 17.58% 9.77% 3.75% 14.73% 17.19%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% -1.73% -1.70% 14.76% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 41.20% 41.42% 45.43% 46.49% 47.81% 50.04% 51.36% 45.93% 41.67% 42.70% 38.39%
Operating Expenses to Revenue		 51.68% 53.09% 52.05% 55.65% 54.75% 61.60% 60.65% 54.37% 49.37% 51.16% 46.14%
Earnings before Interest and Taxes (EBIT)		 176 138 106 97 90 35 111 66 27 99 112
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 184 148 115 106 99 71 143 99 55 126 137
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 2.20 0.86 0.99 1.77 2.04 1.05 2.18 3.37 1.35 2.08 1.65
Price to Tangible Book Value (P/TBV)		 2.27 0.88 1.01 1.81 2.13 1.14 2.36 3.63 1.43 2.17 1.71
Price to Revenue (P/Rev)		 1.14 0.61 0.97 1.98 2.14 0.77 1.76 2.28 0.92 1.68 1.39
Price to Earnings (P/E)		 6.27 3.87 6.18 17.81 30.27 15.38 10.00 23.29 24.43 11.40 8.10
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 15.95% 25.83% 16.18% 5.61% 3.30% 6.50% 10.00% 4.29% 4.09% 8.77% 12.34%
Enterprise Value to Invested Capital (EV/IC)		 1.42 0.91 0.97 1.51 1.70 1.01 1.57 1.81 1.12 1.48 1.31
Enterprise Value to Revenue (EV/Rev)		 1.90 1.26 1.57 2.46 2.60 1.55 2.53 3.50 1.94 2.60 2.23
Enterprise Value to EBITDA (EV/EBITDA)		 6.30 4.74 6.37 11.21 13.89 12.26 8.88 19.45 19.87 10.82 8.51
Enterprise Value to EBIT (EV/EBIT)		 6.58 5.08 6.93 12.27 15.24 25.00 11.42 29.41 40.43 13.74 10.40
Enterprise Value to NOPAT (EV/NOPAT)		 10.45 8.02 10.84 24.21 18.54 30.99 14.41 35.77 51.69 17.66 12.97
Enterprise Value to Operating Cash Flow (EV/OCF)		 4.79 3.40 3.35 5.45 5.60 3.11 5.61 7.08 3.76 5.14 4.58
Enterprise Value to Free Cash Flow (EV/FCFF)		 10.82 5.09 9.40 61.64 24.53 0.00 9.00 0.00 10.34 9.94 9.40
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 1.59 0.96 0.64 0.45 0.46 1.10 1.00 1.86 1.55 1.17 1.02
Long-Term Debt to Equity		 1.59 0.96 0.64 0.45 0.46 1.10 1.00 1.86 1.55 1.17 1.02
Financial Leverage		 1.62 1.24 0.79 0.54 0.45 0.73 1.05 1.41 1.70 1.35 1.09
Leverage Ratio		 2.76 2.36 1.88 1.64 1.55 1.96 2.43 2.79 3.08 2.68 2.39
Compound Leverage Factor		 2.76 2.36 1.88 1.64 1.55 1.96 2.43 2.79 3.08 2.68 2.39
Debt to Total Capital		 61.36% 48.88% 39.03% 31.16% 31.33% 52.27% 50.00% 64.99% 60.71% 53.89% 50.42%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 61.36% 48.88% 39.03% 31.16% 31.33% 52.27% 50.00% 64.99% 60.71% 53.89% 50.42%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 38.64% 51.12% 60.97% 68.84% 68.67% 47.73% 50.00% 35.01% 39.29% 46.11% 49.58%
Debt to EBITDA		 2.73 2.54 2.56 2.31 2.56 6.34 2.83 6.98 10.78 3.93 3.26
Net Debt to EBITDA		 2.52 2.45 2.43 2.19 2.46 6.18 2.72 6.79 10.48 3.84 3.19
Long-Term Debt to EBITDA		 2.73 2.54 2.56 2.31 2.56 6.34 2.83 6.98 10.78 3.93 3.26
Debt to NOPAT		 4.52 4.29 4.35 4.99 3.41 16.02 4.59 12.84 28.04 6.41 4.98
Net Debt to NOPAT		 4.18 4.15 4.13 4.73 3.28 15.61 4.41 12.48 27.26 6.26 4.87
Long-Term Debt to NOPAT		 4.52 4.29 4.35 4.99 3.41 16.02 4.59 12.84 28.04 6.41 4.98
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 107 138 78 19 56 -31 141 -202 106 137 124
Operating Cash Flow to CapEx		 2,954.29% 2,653.88% 3,648.88% 2,460.54% 2,620.01% 2,555.99% 2,661.74% 5,772.68% 5,503.10% 4,760.95% 8,111.07%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 3.64 1.01 3.11 -1.19 5.50 -6.03 2.10 2.85 2.90
Operating Cash Flow to Interest Expense		 0.00 0.00 10.20 11.42 13.64 10.85 8.83 8.15 5.78 5.51 5.95
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 9.92 10.96 13.12 10.43 8.50 8.01 5.67 5.39 5.88
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.71 0.67 0.58 0.59 0.62 0.60 0.51 0.51 0.48 0.48 0.51
Fixed Asset Turnover		 24.06 21.77 18.97 20.59 21.85 22.48 20.06 22.16 23.39 22.42 24.48
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 817 767 756 786 804 863 810 1,065 980 920 886
Invested Capital Turnover		 0.75 0.70 0.62 0.63 0.66 0.68 0.60 0.59 0.55 0.55 0.58
Increase / (Decrease) in Invested Capital		 3.86 -50 -10 30 18 59 -53 255 -85 -60 -34
Enterprise Value (EV)		 1,158 701 735 1,189 1,370 873 1,272 1,929 1,098 1,366 1,164
Market Capitalization		 695 338 455 956 1,127 433 883 1,256 519 882 727
Book Value per Share		 $33.11 $43.92 $52.49 $59.59 $57.38 $51.93 $59.51 $56.98 $61.85 $69.80 $76.48
Tangible Book Value per Share		 $32.11 $42.91 $51.05 $58.08 $55.05 $47.92 $54.97 $52.84 $58.21 $66.77 $73.91
Total Capital		 817 767 756 786 804 863 810 1,065 980 920 886
Total Debt		 501 375 295 245 252 451 405 692 595 496 447
Total Long-Term Debt		 501 375 295 245 252 451 405 692 595 496 447
Net Debt		 463 362 280 232 243 439 389 673 579 484 437
Capital Expenditures (CapEx)		 8.19 7.76 6.01 8.86 9.34 11 8.53 4.72 5.30 5.58 3.13
Net Nonoperating Expense (NNE)		 0.00 0.00 -5.81 -4.60 37 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 501 375 295 245 252 451 405 692 595 496 447
Total Depreciation and Amortization (D&A)		 7.68 9.80 9.44 9.20 8.73 36 32 34 28 27 25
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $12.12 $10.12 $8.45 $6.11 $4.14 $3.66 $13.59 $8.88 $0.00 $13.45 $16.54
Adjusted Weighted Average Basic Shares Outstanding		 9.15M 8.64M 8.71M 8.79M 8.99M 7.69M 6.49M 6.07M 0.00 5.75M 5.43M
Adjusted Diluted Earnings per Share		 $11.90 $10.05 $8.38 $5.99 $4.05 $3.54 $13.23 $8.47 $0.00 $13.19 $16.30
Adjusted Weighted Average Diluted Shares Outstanding		 9.32M 8.69M 8.78M 8.96M 9.20M 7.95M 6.67M 6.36M 0.00 5.86M 5.51M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $4.14 $3.66 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 8.99M 8.81M 8.82M 9.13M 9.31M 7.51M 6.78M 6.28M 0.00 5.84M 5.31M
Normalized Net Operating Profit after Tax (NOPAT)		 111 87 68 49 74 28 88 54 21 77 90
Normalized NOPAT Margin		 18.16% 15.68% 14.44% 10.15% 14.03% 4.99% 17.58% 9.77% 3.75% 14.73% 17.19%
Pre Tax Income Margin		 28.85% 24.73% 22.57% 20.03% 17.07% 6.19% 22.18% 11.89% 4.80% 18.94% 21.45%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.00 0.00 4.93 5.07 5.01 1.35 4.34 1.96 0.54 2.06 2.62
NOPAT to Interest Expense		 0.00 0.00 3.15 2.57 4.12 1.09 3.44 1.61 0.42 1.60 2.10
EBIT Less CapEx to Interest Expense		 0.00 0.00 4.65 4.61 4.49 0.92 4.00 1.82 0.43 1.95 2.55
NOPAT Less CapEx to Interest Expense		 0.00 0.00 2.87 2.11 3.60 0.66 3.10 1.47 0.32 1.49 2.03
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 104.05% 0.00% 6.79% 8.59% 200.13% 701.06% 116.05% 206.12% 67.42% 46.81% 60.39%

Quarterly Metrics And Ratios for World Acceptance

This table displays calculated financial ratios and metrics derived from World Acceptance's official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q3 2025
Period end date 12/31/2021 3/31/2022 6/30/2022 9/30/2022 12/31/2022 3/31/2023 6/30/2024 9/30/2023 12/31/2023 3/31/2024 12/31/2024
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 20.16% 4.32% 18.19% 5.42% -10.84% 0.50% -18.39% -10.05% -4.83% 4.16% 1.01%
EBITDA Growth		 -27.67% 95.05% -110.92% -68.51% -7.16% -75.01% 702.15% 318.15% 72.38% 45.09% -35.53%
EBIT Growth		 -54.36% 143.61% -152.23% -100.63% 2.38% -78.08% 220.49% 23,689.21% 147.01% 53.16% -17.96%
NOPAT Growth		 -49.44% -59.05% -147.62% -100.50% -20.78% 34.00% 232.45% 26,004.41% 187.10% 40.68% -19.66%
Net Income Growth		 -49.44% -59.05% -154.32% -105.13% -20.78% 34.00% 216.12% 2,622.42% 187.10% 40.68% -19.66%
EPS Growth		 -49.33% -56.49% -161.07% -105.67% -13.16% 42.71% 220.13% 2,563.64% 186.87% 38.95% -13.73%
Operating Cash Flow Growth		 17.98% 9.94% 18.77% 35.27% 14.58% -18.43% 2.66% -19.27% -14.93% -2.18% 0.00%
Free Cash Flow Firm Growth		 -343.63% -341.88% -133.00% 38.53% 123.83% 146.20% 185.03% 273.18% 100.16% -13.56% -83.72%
Invested Capital Growth		 25.74% 31.54% 29.55% 11.49% -4.21% -7.97% -19.08% -16.39% -8.33% -6.12% -0.40%
Revenue Q/Q Growth		 13.32% -0.44% -0.79% -5.80% -4.17% 12.22% -19.44% -2.16% 1.39% 22.82% 0.00%
EBITDA Q/Q Growth		 -21.53% 791.40% -102.18% 306.17% 131.37% 139.90% -47.38% 43.17% -4.62% 101.92% 0.00%
EBIT Q/Q Growth		 -45.19% 1,676.93% -107.82% 99.17% 9,009.18% 280.45% -57.00% 61.84% -6.71% 135.89% 0.00%
NOPAT Q/Q Growth		 -41.10% 150.89% -140.86% 99.17% 9,449.61% 324.34% -59.61% 61.67% 3.62% 107.93% 0.00%
Net Income Q/Q Growth		 -41.10% 150.89% -146.60% 92.56% 1,010.41% 324.34% -59.61% 68.60% 3.62% 107.93% 0.00%
EPS Q/Q Growth		 -41.24% 158.77% -150.51% 92.62% 1,000.00% 325.25% -57.48% 67.28% 4.80% 105.99% 0.00%
Operating Cash Flow Q/Q Growth		 4.12% 73.89% -44.61% 34.90% -11.80% 23.79% -30.29% 30.88% -7.06% 42.34% 0.00%
Free Cash Flow Firm Q/Q Growth		 -21.05% -5.87% -11.99% 57.17% 146.92% 105.27% 106.11% -12.76% -45.77% -11.35% 0.00%
Invested Capital Q/Q Growth		 14.16% -5.69% 6.17% -2.47% -1.91% -9.40% -6.64% 0.77% 7.55% -7.21% 0.00%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 11.06% 99.00% -2.18% 4.77% 11.51% 24.61% 16.08% 22.17% 20.86% 34.29% 13.31%
EBIT Margin		 5.19% 92.71% -7.31% -0.06% 5.97% 20.22% 10.79% 16.83% 15.48% 29.74% 12.57%
Profit (Net Income) Margin		 4.93% 12.43% -5.84% -0.46% 4.38% 16.57% 8.31% 12.94% 13.22% 22.38% 10.51%
Tax Burden Percent		 94.93% 79.10% 79.85% 718.88% 73.46% 81.94% 76.95% 76.87% 85.38% 75.26% 83.61%
Interest Burden Percent		 100.00% 16.95% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 5.07% 20.90% 0.00% 0.00% 26.54% 18.06% 23.05% 23.13% 14.62% 24.74% 16.39%
Return on Invested Capital (ROIC)		 2.65% 7.31% -2.93% -0.03% 2.24% 9.17% 4.38% 6.71% 6.71% 12.36% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)		 2.65% 7.31% -3.10% -0.11% 2.24% 9.17% 4.38% 6.71% 6.71% 12.36% 0.00%
Return on Net Nonoperating Assets (RNNOA)		 4.35% 10.32% -5.08% -0.19% 4.20% 15.57% 7.15% 10.85% 11.44% 16.66% 0.00%
Return on Equity (ROE)		 7.00% 17.63% -8.02% -0.22% 6.44% 24.74% 11.53% 17.55% 18.14% 29.02% 0.00%
Cash Return on Invested Capital (CROIC)		 -14.87% -21.49% -22.79% -9.28% 5.65% 10.38% 24.98% 23.43% 15.14% 14.45% 0.00%
Operating Return on Assets (OROA)		 2.46% 47.09% -3.65% -0.03% 2.71% 9.80% 5.00% 7.70% 6.97% 14.36% 0.00%
Return on Assets (ROA)		 2.34% 6.31% -2.91% -0.22% 1.99% 8.03% 3.85% 5.92% 5.95% 10.81% 0.00%
Return on Common Equity (ROCE)		 7.00% 17.63% -8.02% -0.22% 6.44% 24.74% 11.53% 17.55% 18.14% 29.02% 0.00%
Return on Equity Simple (ROE_SIMPLE)		 19.64% 0.00% 8.35% 4.63% 4.17% 0.00% 9.40% 13.53% 16.44% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 7.33 18 -7.51 -0.06 5.80 25 9.95 16 17 35 13
NOPAT Margin		 4.93% 12.43% -5.12% -0.04% 4.38% 16.57% 8.31% 12.94% 13.22% 22.38% 10.51%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.17% 0.09% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 42.97% 41.93% 41.31% 43.26% 41.49% 40.71% 42.42% 42.71% 44.19% 41.70% 45.40%
Operating Expenses to Revenue		 94.81% 7.29% 48.83% 50.42% 49.03% 49.23% 51.28% 50.63% 52.28% 50.59% 52.79%
Earnings before Interest and Taxes (EBIT)		 7.72 137 -11 -0.09 7.90 30 13 21 20 46 16
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 16 146 -3.20 6.59 15 37 19 28 26 53 17
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 4.02 3.37 1.99 1.71 1.15 1.35 1.71 1.90 2.00 2.08 1.51
Price to Tangible Book Value (P/TBV)		 4.32 3.63 2.15 1.83 1.23 1.43 1.78 1.98 2.10 2.17 1.57
Price to Revenue (P/Rev)		 3.01 2.28 1.23 1.05 0.73 0.92 1.34 1.51 1.54 1.68 0.00
Price to Earnings (P/E)		 20.45 23.29 23.82 36.85 27.54 24.43 18.17 14.05 12.14 11.40 0.00
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 4.89% 4.29% 4.20% 2.71% 3.63% 4.09% 5.50% 7.12% 8.24% 8.77% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 2.08 1.81 1.30 1.21 1.03 1.12 1.32 1.40 1.40 1.48 1.21
Enterprise Value to Revenue (EV/Rev)		 4.30 3.50 2.56 2.29 1.97 1.94 2.23 2.45 2.63 2.60 0.00
Enterprise Value to EBITDA (EV/EBITDA)		 10.68 19.45 22.01 25.48 2.94 19.87 15.50 13.06 12.69 10.82 0.00
Enterprise Value to EBIT (EV/EBIT)		 13.29 29.41 42.80 66.25 3.20 40.43 23.70 17.94 16.71 13.74 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 29.17 35.77 49.64 80.84 74.36 51.69 30.29 22.82 20.69 17.66 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 8.92 7.08 5.21 4.42 3.58 3.76 4.11 4.63 5.17 5.14 4.82
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 17.82 10.34 4.71 5.43 8.82 9.94 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 1.76 1.86 2.19 2.09 2.01 1.55 1.17 1.21 1.44 1.17 1.31
Long-Term Debt to Equity		 1.76 1.86 2.19 2.09 2.01 1.55 1.17 1.21 1.44 1.17 1.31
Financial Leverage		 1.64 1.41 1.64 1.70 1.88 1.70 1.63 1.62 1.71 1.35 1.37
Leverage Ratio		 3.00 2.79 3.03 3.08 3.23 3.08 3.00 2.97 3.05 2.68 2.67
Compound Leverage Factor		 3.00 0.47 3.03 3.08 3.23 3.08 3.00 2.97 3.05 2.68 2.67
Debt to Total Capital		 63.76% 64.99% 68.69% 67.68% 66.77% 60.71% 53.83% 54.74% 58.97% 53.89% 56.66%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 63.76% 64.99% 68.69% 67.68% 66.77% 60.71% 53.83% 54.74% 58.97% 53.89% 56.66%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 36.24% 35.01% 31.31% 32.32% 33.23% 39.29% 46.17% 45.26% 41.03% 46.11% 43.34%
Debt to EBITDA		 3.28 6.98 11.65 14.26 1.91 10.78 6.34 5.12 5.36 3.93 0.00
Net Debt to EBITDA		 3.19 6.79 11.45 13.86 1.85 10.48 6.20 5.02 5.24 3.84 0.00
Long-Term Debt to EBITDA		 3.28 6.98 11.65 14.26 1.91 10.78 6.34 5.12 5.36 3.93 0.00
Debt to NOPAT		 8.96 12.84 26.27 45.24 48.22 28.04 12.40 8.94 8.74 6.41 0.00
Net Debt to NOPAT		 8.72 12.48 25.82 43.99 46.83 27.26 12.12 8.77 8.55 6.26 0.00
Long-Term Debt to NOPAT		 8.96 12.84 26.27 45.24 48.22 28.04 12.40 8.94 8.74 6.41 0.00
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -224 -237 -266 -114 53 110 226 197 107 95 17
Operating Cash Flow to CapEx		 5,669.94% 6,866.58% 5,441.18% 4,411.73% 5,243.98% 7,582.49% 4,001.10% 4,384.72% 5,017.76% 5,696.54% 0.00%
Free Cash Flow to Firm to Interest Expense		 0.00 -11.18 -23.76 -8.73 3.79 8.99 23.11 15.70 9.14 6.65 1.54
Operating Cash Flow to Interest Expense		 0.00 4.95 5.21 6.02 4.92 7.03 6.11 5.05 5.04 5.89 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 4.88 5.11 5.89 4.83 6.94 5.96 4.94 4.94 5.79 0.00
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.47 0.51 0.50 0.49 0.45 0.48 0.46 0.46 0.45 0.48 0.00
Fixed Asset Turnover		 21.43 22.16 23.63 23.35 23.12 23.39 23.26 22.74 22.12 22.42 0.00
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 1,130 1,065 1,131 1,103 1,082 980 915 922 992 920 988
Invested Capital Turnover		 0.54 0.59 0.57 0.56 0.51 0.55 0.53 0.52 0.51 0.55 0.00
Increase / (Decrease) in Invested Capital		 231 255 258 114 -48 -85 -216 -181 -90 -60 -4.00
Enterprise Value (EV)		 2,346 1,929 1,468 1,334 1,114 1,098 1,204 1,288 1,385 1,366 1,191
Market Capitalization		 1,644 1,256 705 608 413 519 722 793 813 882 646
Book Value per Share		 $61.11 $56.98 $56.40 $56.77 $57.48 $61.85 $72.30 $66.88 $65.39 $69.80 $74.47
Tangible Book Value per Share		 $56.87 $52.84 $52.23 $52.80 $53.68 $58.21 $69.32 $64.24 $62.26 $66.77 $71.74
Total Capital		 1,130 1,065 1,131 1,103 1,082 980 915 922 992 920 988
Total Debt		 720 692 777 747 723 595 493 505 585 496 560
Total Long-Term Debt		 720 692 777 747 723 595 493 505 585 496 560
Net Debt		 702 673 764 726 702 579 482 495 572 484 544
Capital Expenditures (CapEx)		 1.07 1.53 1.07 1.78 1.32 1.13 1.49 1.45 1.17 1.47 0.00
Net Nonoperating Expense (NNE)		 0.00 0.00 1.06 0.58 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 720 692 777 747 723 595 493 505 585 496 560
Total Depreciation and Amortization (D&A)		 8.71 9.30 7.53 6.68 7.35 6.53 6.33 6.64 6.77 7.05 0.94
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $1.20 $3.08 ($1.53) ($0.24) $1.00 $4.28 $1.82 $2.78 $2.89 $5.96 $2.46
Adjusted Weighted Average Basic Shares Outstanding		 6.12M 6.07M 5.74M 5.73M 5.76M 5.75M 5.48M 5.78M 5.77M 5.75M 5.44M
Adjusted Diluted Earnings per Share		 $1.14 $2.95 ($1.53) ($0.24) $0.98 $4.21 $1.79 $2.71 $2.84 $5.85 $2.45
Adjusted Weighted Average Diluted Shares Outstanding		 6.40M 6.36M 5.74M 5.73M 5.86M 5.90M 5.57M 5.94M 5.86M 5.86M 5.46M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 6.55M 6.28M 6.28M 6.26M 6.23M 6.24M 5.85M 5.75M 6.08M 5.84M 5.75M
Normalized Net Operating Profit after Tax (NOPAT)		 7.33 18 -7.51 -0.06 5.80 25 9.95 16 17 35 13
Normalized NOPAT Margin		 4.93% 12.43% -5.12% -0.04% 4.38% 16.57% 8.31% 12.94% 13.22% 22.38% 10.51%
Pre Tax Income Margin		 5.19% 15.71% -7.31% -0.06% 5.97% 20.22% 10.79% 16.83% 15.48% 29.74% 12.57%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.00 6.47 -0.96 -0.01 0.56 2.47 1.32 1.67 1.67 3.24 1.42
NOPAT to Interest Expense		 0.00 0.87 -0.67 0.00 0.41 2.02 1.02 1.28 1.43 2.44 1.19
EBIT Less CapEx to Interest Expense		 0.00 6.39 -1.06 -0.14 0.47 2.37 1.17 1.55 1.57 3.13 0.00
NOPAT Less CapEx to Interest Expense		 0.00 0.79 -0.77 -0.14 0.32 1.93 0.87 1.17 1.33 2.33 0.00
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 79.66% 206.12% 352.81% 571.59% 500.53% 67.42% 0.00% 0.00% 25.84% 46.81% 0.00%

Key Financial Trends

World Acceptance Corp (NASDAQ: WRLD) has shown several meaningful financial trends in the past four years based on the latest analyzed financial data through Q4 2025.

  • Revenue Growth: World Acceptance's total revenue improved notably from approximately $147.9 million in Q4 2022 to $127.3 million in Q3 2025, showing variability but overall maintaining strong income levels.
  • Net Income Improvement: Net income improved from negative values in early 2023 (e.g., Q1 2023 net loss of $8.6 million) to solid profitability, reaching about $44.3 million in Q4 2025.
  • Operating Cash Flow Strength: Net cash from continuing operating activities grew from $58.2 million in Q1 2024 to over $90.9 million by Q4 2025, showing enhanced cash generation capability.
  • Expense Control: Despite fluctuations, non-interest expenses have decreased relative to total revenues with strategic control on marketing and other operating expenses over time.
  • Provision for Loan Losses Fluctuation: Provision expense peaked above $68 million in early 2024 but has decreased to approximately $33 million by Q4 2025, suggesting improved credit risk management.
  • Debt Position: Long-term debt remains substantial, around $560 million in late 2024 and early 2025, though repayment activity is ongoing with net financing cash outflows.
  • Investment Activities: Significant investments in securities occurred, fluctuating quarter-over-quarter, e.g., purchases of $48.8 million in Q4 2025, signaling active asset management strategies.
  • Repayment of Debt Pressure: Financing activities indicate large debt repayments ($232 million repayment in Q4 2025), which leads to significant net cash outflow from financing activities and affects liquidity.
  • Fluctuating Cash Position: Periodic decreases in cash and equivalents, such as the decline of $5.8 million in Q4 2025, suggest tightening liquidity despite strong operating cash flows.
  • Volatility in Earnings: Earnings per share showed considerable volatility, with diluted EPS swinging from negative $1.49 in Q1 2023 to positive $2.45 in Q3 2025, indicating inconsistent profitability trends.

Summary: World Acceptance has demonstrated a recovery in profitability and operating cash flow generation compared to early 2023 losses, alongside disciplined expense and credit loss management. However, the company faces challenges from a high debt load requiring substantial repayments that strain cash flows and liquidity. Investors should watch debt levels and market conditions impacting loan loss provisions closely, even as operating performance stabilizes. Overall, the financial trajectory looks positive with ongoing risks to monitor.

08/18/25 04:08 PMAI Generated. May Contain Errors.

Frequently Asked Questions About World Acceptance's Financials

When does World Acceptance's fiscal year end?

According to the most recent income statement we have on file, World Acceptance's financial year ends in March. Their financial year 2025 ended on March 31, 2025.

How has World Acceptance's net income changed over the last 10 years?

World Acceptance's net income appears to be on a downward trend, with a most recent value of $89.74 million in 2025, falling from $110.83 million in 2015. The previous period was $77.35 million in 2024. See World Acceptance's forecast for analyst expectations on what’s next for the company.

How has World Acceptance's revenue changed over the last 10 years?

Over the last 10 years, World Acceptance's total revenue changed from $610.21 million in 2015 to $522.13 million in 2025, a change of -14.4%.

How much debt does World Acceptance have?

World Acceptance's total liabilities were at $568.15 million at the end of 2025, a 10.1% decrease from 2024, and a 3.2% increase since 2015.

How much cash does World Acceptance have?

In the past 10 years, World Acceptance's cash and equivalents has ranged from $9.34 million in 2019 to $38.34 million in 2015, and is currently $9.73 million as of their latest financial filing in 2025.

How has World Acceptance's book value per share changed over the last 10 years?

Over the last 10 years, World Acceptance's book value per share changed from 33.11 in 2015 to 76.48 in 2025, a change of 131.0%.


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This page (NASDAQ:WRLD) was last updated on 8/18/2025 by MarketBeat.com Staff
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