World Acceptance Corporation - Asset Resilience Ratio
World Acceptance Corporation (WRLD) has an Asset Resilience Ratio of 0.93% as of September 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. See WRLD working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2010–2022)
This chart shows how World Acceptance Corporation's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see WRLD total asset value.
Liquid Assets Composition Over Time
This chart breaks down World Acceptance Corporation's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore how much of World Acceptance Corporation's assets are long-term investments to see how much of total assets are deployed in long-term investments.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $9.74 Million | 0.93% |
| Total Liquid Assets | $9.74 Million | 0.93% |
Asset Resilience Insights
- Limited Liquidity: World Acceptance Corporation maintains only 0.93% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
World Acceptance Corporation Industry Peers by Asset Resilience Ratio
Compare World Acceptance Corporation's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Direct Finance TA
TA:DIFI |
Credit Services | 0.01% |
|
Upstart Holdings Inc
NASDAQ:UPST |
Credit Services | 1.39% |
|
Latitude Group Holdings Ltd
AU:LFS |
Credit Services | 3.67% |
|
OppFi Inc
NYSE:OPFI |
Credit Services | 6.56% |
|
Starteck Finance Limited
NSE:STARTECK |
Credit Services | 0.02% |
|
Mint Corp
V:MIT |
Credit Services | 0.00% |
|
Williamson Magor & Company Limited
NSE:WILLAMAGOR |
Credit Services | 0.06% |
|
Butn Ltd
AU:BTN |
Credit Services | 3.72% |
Annual Asset Resilience Ratio for World Acceptance Corporation (2010–2022)
The table below shows the annual Asset Resilience Ratio data for World Acceptance Corporation.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2022-03-31 | 0.00% | $322.00 | $1.22 Billion | 0.00pp |
| 2019-03-31 | 0.00% | $433.00 | $854.99 Million | +0.00pp |
| 2018-03-31 | 0.00% | $304.00 | $840.99 Million | 0.00pp |
| 2017-03-31 | 0.00% | $410.00 | $800.59 Million | +0.00pp |
| 2016-03-31 | 0.00% | $24.00 | $804.33 Million | +0.00pp |
| 2015-03-31 | 0.00% | $-65.00 | $866.13 Million | +0.00pp |
| 2014-03-31 | 0.00% | $-317.00 | $850.03 Million | 0.00pp |
| 2013-03-31 | 0.00% | $365.00 | $809.32 Million | +0.00pp |
| 2012-03-31 | 0.00% | $176.00 | $735.00 Million | +0.00pp |
| 2011-03-31 | 0.00% | $-420.00 | $666.40 Million | 0.00pp |
| 2010-03-31 | 0.00% | $168.00 | $593.05 Million | -- |
About World Acceptance Corporation
World Acceptance Corporation engages in consumer finance business in the United States. The company offers short-term small installment loans, medium-term larger installment loans, related credit insurance, and ancillary products and services to individuals. It also provides income tax return preparation and electronic filing services; and automobile club memberships to borrowers. The company ser… Read more