World Short Term Debt vs Property Plant Equipment Analysis
WRLD Stock | USD 135.33 0.26 0.19% |
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 Term Debt and its Property Plant Equipment 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 Term Debt vs Property Plant Equipment
Short Term Debt vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of World Acceptance Short Term Debt account and Property Plant Equipment. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between World Acceptance's Short Term Debt and Property Plant Equipment is -0.55. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Property Plant Equipment 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 Term Debt and Property Plant Equipment 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 Term Debt of World Acceptance are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Short Term Debt i.e., World Acceptance's Short Term Debt and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | -0.55 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Short Term Debt
Property Plant Equipment
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
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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 |
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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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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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.