World Acceptance Equity 2024

World Acceptance Aktienanalyse

What does World Acceptance do?

World Acceptance Corp is a financial company that operates primarily in the United States and Mexico. It was founded in 1962 in South Carolina and has been listed on NASDAQ since 1989. World Acceptance Corp specializes in offering loans to customers who may not be able to obtain loans from traditional banks. The company has granted over 10 million loans to date, making it one of the largest providers of subprime loans. The business model of World Acceptance Corp is based on providing loans to individuals who may be deemed credit unworthy or have inadequate credit by traditional banks. World Acceptance Corp offers these loans at higher interest rates than traditional banks. Customers can choose from various types of loans, such as installment loans, auto loans, or loans for the purchase of electronics or furniture. The loan terms range from 6 to 36 months. In addition to its main loan business, World Acceptance Corp also offers various insurance products tailored to the needs of low-income customers. These products include accident and health insurance, which are intended to provide financial support to customers in case of injuries or illnesses. However, these insurance policies are controversial as they are often more expensive than comparable products offered by other providers. World Acceptance Corp operates in various segments. Its largest segment is the United States, where it has over 1,000 branches in 17 states. In Mexico, the company operates under the name "Vamos" and has over 270 branches. In both countries, World Acceptance Corp has a strong presence in rural areas where traditional banks are often unavailable. The company also has an online platform through which customers can apply for loans. World Acceptance Corp is not without criticism. Some consumer organizations accuse the company of profiting at the expense of low-income individuals by offering them loans at inflated interest rates. Others accuse World Acceptance Corp of using aggressive and unfair debt collection methods. In 2017, the company paid a fine of several million dollars to the US Consumer Financial Protection Bureau after being accused of deceptive and misleading advertising. Overall, World Acceptance Corp is a company that specializes in selling loans to low-income individuals at higher interest rates than traditional banks. The company operates in the United States and Mexico and has a strong presence in rural areas. World Acceptance Corp also offers various insurance products tailored to the needs of low-income customers. However, the company remains controversial due to its business practices and has had to pay penalties for misconduct in the past. World Acceptance ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Equity Details

Analyzing World Acceptance's Equity

World Acceptance's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding World Acceptance's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating World Acceptance's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

World Acceptance's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in World Acceptance’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about World Acceptance stock

What is the equity of World Acceptance this year?

World Acceptance has equity of 424.43 M USD this year.

What was the equity of World Acceptance compared to the previous year?

The equity of World Acceptance has increased/decreased by 13.79% increased compared to the previous year.

What impact does a high equity have on investors of World Acceptance?

A high equity is advantageous for investors of World Acceptance as it is an indicator of the company's financial stability and its ability to manage risks and challenges.

What impact does low equity have on investors of World Acceptance?

A low equity can be a risk for investors of World Acceptance, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.

How does an increase in equity of World Acceptance affect the company?

An increase in equity of World Acceptance can strengthen the company's financial position and improve its ability to make investments in the future.

How does a reduction in the equity of World Acceptance affect the company?

A reduction in equity of World Acceptance can affect the financial situation of the company and lead to a higher dependence on debt capital.

What are some factors that influence the equity of World Acceptance?

Some factors that can affect the equity of World Acceptance include profits, dividend payments, capital increases, and acquisitions.

Why is the equity of World Acceptance so important for investors?

The equity of World Acceptance is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.

What strategic measures can World Acceptance take to change the equity?

To change equity, World Acceptance can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.

How much dividend does World Acceptance pay?

Over the past 12 months, World Acceptance paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, World Acceptance is expected to pay a dividend of 0 USD.

What is the dividend yield of World Acceptance?

The current dividend yield of World Acceptance is .

When does World Acceptance pay dividends?

World Acceptance pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of World Acceptance?

World Acceptance paid dividends every year for the past 0 years.

What is the dividend of World Acceptance?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is World Acceptance located?

World Acceptance is assigned to the 'Finance' sector.

Wann musste ich die Aktien von World Acceptance kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of World Acceptance from 7/16/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 7/16/2024.

When did World Acceptance pay the last dividend?

The last dividend was paid out on 7/16/2024.

What was the dividend of World Acceptance in the year 2023?

In the year 2023, World Acceptance distributed 0 USD as dividends.

In which currency does World Acceptance pay out the dividend?

The dividends of World Acceptance are distributed in USD.