World Acceptance Liabilities 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.

Liabilities Details

Assessing World Acceptance's Liabilities

World Acceptance's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating World Acceptance's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing World Acceptance's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

World Acceptance's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in World Acceptance’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about World Acceptance stock

What is the level of liabilities of World Acceptance this year?

World Acceptance has a debt balance of 631.92 M USD this year.

What were the liabilities of World Acceptance compared to the previous year?

The liabilities of World Acceptance have increased by -25.24% dropped compared to the previous year.

What are the consequences of high debt for investors of World Acceptance?

High liabilities can pose a risk for investors of World Acceptance, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in World Acceptance?

Low liabilities mean that World Acceptance has a strong financial position and is able to meet its obligations without overburdening its finances.

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

An increase in liabilities of World Acceptance can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

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

A decrease in the liabilities of World Acceptance can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

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

Some factors that can influence the liabilities of World Acceptance include investments, acquisitions, operating costs, and sales development.

Why is the level of liabilities of World Acceptance so important for investors?

The liabilities of World Acceptance are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can World Acceptance take to modify the liabilities?

To change its liabilities, World Acceptance can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

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 10/2/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 10/2/2024.

When did World Acceptance pay the last dividend?

The last dividend was paid out on 10/2/2024.

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.