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. The company serves individua… Read more
World Acceptance Corporation (WRLD) - Net Assets
Latest net assets as of December 2025: $351.60 Million USD
Based on the latest financial reports, World Acceptance Corporation (WRLD) has net assets worth $351.60 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.14 Billion) and total liabilities ($790.78 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $351.60 Million |
| % of Total Assets | 30.78% |
| Annual Growth Rate | 10.44% |
| 5-Year Change | 8.53% |
| 10-Year Change | 12.49% |
| Growth Volatility | 15.23 |
World Acceptance Corporation - Net Assets Trend (1992–2025)
This chart illustrates how World Acceptance Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for World Acceptance Corporation (1992–2025)
The table below shows the annual net assets of World Acceptance Corporation from 1992 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $439.48 Million | +3.55% |
| 2024-03-31 | $424.43 Million | +10.18% |
| 2023-03-31 | $385.23 Million | +3.27% |
| 2022-03-31 | $373.02 Million | -7.88% |
| 2021-03-31 | $404.93 Million | -1.71% |
| 2020-03-31 | $411.96 Million | -25.38% |
| 2019-03-31 | $552.12 Million | +2.03% |
| 2018-03-31 | $541.11 Million | +17.36% |
| 2017-03-31 | $461.06 Million | +18.01% |
| 2016-03-31 | $390.69 Million | +23.81% |
| 2015-03-31 | $315.57 Million | +2.67% |
| 2014-03-31 | $307.36 Million | -16.11% |
| 2013-03-31 | $366.40 Million | -12.53% |
| 2012-03-31 | $418.88 Million | -5.36% |
| 2011-03-31 | $442.58 Million | +15.57% |
| 2010-03-31 | $382.95 Million | +29.23% |
| 2009-03-31 | $296.33 Million | +26.47% |
| 2008-03-31 | $234.31 Million | +8.73% |
| 2007-03-31 | $215.49 Million | +2.41% |
| 2006-03-31 | $210.43 Million | +10.92% |
| 2005-03-31 | $189.71 Million | +21.16% |
| 2004-03-31 | $156.58 Million | +34.94% |
| 2003-03-31 | $116.04 Million | +13.28% |
| 2002-03-31 | $102.43 Million | +23.82% |
| 2001-03-31 | $82.73 Million | +21.31% |
| 2000-03-31 | $68.19 Million | +24.67% |
| 1999-03-31 | $54.70 Million | +15.64% |
| 1998-03-31 | $47.30 Million | +21.28% |
| 1997-03-31 | $39.00 Million | -13.14% |
| 1996-03-31 | $44.90 Million | +25.42% |
| 1995-03-31 | $35.80 Million | +33.09% |
| 1994-03-31 | $26.90 Million | +28.10% |
| 1993-03-31 | $21.00 Million | +26.51% |
| 1992-03-31 | $16.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to World Acceptance Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 19128.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $173.05 Million | 39.38% |
| Common Stock | $439.48 Million | 100.00% |
| Total Equity | $439.48 Million | 100.00% |
World Acceptance Corporation Competitors by Market Cap
The table below lists competitors of World Acceptance Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Banco di Desio e della Brianza S.p.A.
LSE:0O5V
|
$328.93 Million |
|
Shanghai Dragon Corp
SHG:600630
|
$329.05 Million |
|
Infomedia Ltd
AU:IFM
|
$329.44 Million |
|
Fujian Longzhou Transportation Co Ltd
SHE:002682
|
$329.58 Million |
|
Beijing Jingxi Culture&Tourism Co Ltd
SHE:000802
|
$328.72 Million |
|
Investment AB Oresund
ST:ORES
|
$328.69 Million |
|
Morguard North American Residential Real Estate Investment Trust
PINK:MNARF
|
$328.60 Million |
|
Dongsung FineTec Co. Ltd
KQ:033500
|
$328.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in World Acceptance Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 424,427,216 to 439,480,464, a change of 15,053,248 (3.5%).
- Net income of 89,741,000 contributed positively to equity growth.
- Share repurchases of 54,196,000 reduced equity.
- Other comprehensive income decreased equity by 424,427,216.
- Other factors increased equity by 403,935,464.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $89.74 Million | +20.42% |
| Share Repurchases | $54.20 Million | -12.33% |
| Other Comprehensive Income | $-424.43 Million | -96.57% |
| Other Changes | $403.94 Million | +91.91% |
| Total Change | $- | 3.55% |
Book Value vs Market Value Analysis
This analysis compares World Acceptance Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.74x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 131.30x to 1.74x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1992-03-31 | $1.06 | $138.70 | x |
| 1993-03-31 | $1.00 | $138.70 | x |
| 1994-03-31 | $1.30 | $138.70 | x |
| 1995-03-31 | $1.71 | $138.70 | x |
| 1996-03-31 | $2.07 | $138.70 | x |
| 1997-03-31 | $1.97 | $138.70 | x |
| 1998-03-31 | $2.47 | $138.70 | x |
| 1999-03-31 | $2.85 | $138.70 | x |
| 2000-03-31 | $3.56 | $138.70 | x |
| 2001-03-31 | $4.39 | $138.70 | x |
| 2002-03-31 | $5.30 | $138.70 | x |
| 2003-03-31 | $6.34 | $138.70 | x |
| 2004-03-31 | $8.09 | $138.70 | x |
| 2005-03-31 | $9.70 | $138.70 | x |
| 2006-03-31 | $11.02 | $138.70 | x |
| 2007-03-31 | $11.72 | $138.70 | x |
| 2008-03-31 | $13.49 | $138.70 | x |
| 2009-03-31 | $18.00 | $138.70 | x |
| 2010-03-31 | $23.14 | $138.70 | x |
| 2011-03-31 | $27.30 | $138.70 | x |
| 2012-03-31 | $27.40 | $138.70 | x |
| 2013-03-31 | $27.73 | $138.70 | x |
| 2014-03-31 | $26.18 | $138.70 | x |
| 2015-03-31 | $33.87 | $138.70 | x |
| 2016-03-31 | $44.34 | $138.70 | x |
| 2017-03-31 | $52.50 | $138.70 | x |
| 2018-03-31 | $60.40 | $138.70 | x |
| 2019-03-31 | $59.99 | $138.70 | x |
| 2020-03-31 | $51.80 | $138.70 | x |
| 2021-03-31 | $60.69 | $138.70 | x |
| 2022-03-31 | $58.61 | $138.70 | x |
| 2023-03-31 | $65.30 | $138.70 | x |
| 2024-03-31 | $72.40 | $138.70 | x |
| 2025-03-31 | $79.80 | $138.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently World Acceptance Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 20.42%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.89%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 2.29x
- Recent ROE (20.42%) is above the historical average (19.25%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1992 | 12.05% | 5.01% | 0.64x | 3.77x | $340.00K |
| 1993 | 20.95% | 10.02% | 0.69x | 3.02x | $2.30 Million |
| 1994 | 21.56% | 11.44% | 0.69x | 2.72x | $3.11 Million |
| 1995 | 24.02% | 14.78% | 0.70x | 2.33x | $5.02 Million |
| 1996 | 23.61% | 15.16% | 0.78x | 1.99x | $6.11 Million |
| 1997 | 20.77% | 11.13% | 0.71x | 2.62x | $4.20 Million |
| 1998 | 17.12% | 10.04% | 0.68x | 2.50x | $3.37 Million |
| 1999 | 13.35% | 7.95% | 0.69x | 2.44x | $1.83 Million |
| 2000 | 20.78% | 13.46% | 0.69x | 2.25x | $7.35 Million |
| 2001 | 18.86% | 12.94% | 0.66x | 2.21x | $7.33 Million |
| 2002 | 18.88% | 14.16% | 0.70x | 1.91x | $9.10 Million |
| 2003 | 19.70% | 14.69% | 0.68x | 1.97x | $11.26 Million |
| 2004 | 18.37% | 16.06% | 0.68x | 1.67x | $13.11 Million |
| 2005 | 17.92% | 16.13% | 0.72x | 1.55x | $15.02 Million |
| 2006 | 18.30% | 15.83% | 0.73x | 1.58x | $17.47 Million |
| 2007 | 22.23% | 16.39% | 0.71x | 1.91x | $26.35 Million |
| 2008 | 22.62% | 15.31% | 0.71x | 2.07x | $29.57 Million |
| 2009 | 19.06% | 14.41% | 0.75x | 1.78x | $26.86 Million |
| 2010 | 19.24% | 16.72% | 0.74x | 1.55x | $35.37 Million |
| 2011 | 20.62% | 18.57% | 0.74x | 1.51x | $46.99 Million |
| 2012 | 24.04% | 19.13% | 0.72x | 1.75x | $58.81 Million |
| 2013 | 28.41% | 18.47% | 0.70x | 2.21x | $67.45 Million |
| 2014 | 34.69% | 17.79% | 0.70x | 2.77x | $75.87 Million |
| 2015 | 35.12% | 18.16% | 0.70x | 2.74x | $79.28 Million |
| 2016 | 22.37% | 15.68% | 0.69x | 2.06x | $48.33 Million |
| 2017 | 15.96% | 15.00% | 0.61x | 1.74x | $27.49 Million |
| 2018 | 9.92% | 10.68% | 0.60x | 1.55x | $-420.78K |
| 2019 | 6.74% | 6.84% | 0.64x | 1.55x | $-17.98 Million |
| 2020 | 6.83% | 4.77% | 0.57x | 2.50x | $-13.04 Million |
| 2021 | 21.80% | 16.72% | 0.55x | 2.36x | $47.79 Million |
| 2022 | 14.45% | 9.21% | 0.48x | 3.27x | $16.62 Million |
| 2023 | 5.51% | 3.44% | 0.55x | 2.90x | $-17.29 Million |
| 2024 | 18.22% | 13.49% | 0.54x | 2.49x | $34.90 Million |
| 2025 | 20.42% | 15.89% | 0.56x | 2.29x | $45.79 Million |
Industry Comparison
This section compares World Acceptance Corporation's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $42,167,772,618
- Average return on equity (ROE) among peers: 3.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| World Acceptance Corporation (WRLD) | $351.60 Million | 12.05% | 2.25x | $328.81 Million |
| Accord Financial Corp (ACCFF) | $103.96 Million | 11.43% | 4.00x | $8.00 Million |
| Acom Co. Ltd (ACJJF) | $306.73 Billion | 3.47% | 2.77x | $799.50 Million |
| Affirm Holdings Inc (AFRM) | $3.07 Billion | 1.70% | 2.63x | $13.28 Billion |
| Federal Agricultural Mortgage Corporation (AGM) | $47.20 Million | 1.69% | 11.77x | $1.51 Billion |
| Aiful Corp (AIFLF) | $97.47 Billion | -37.44% | 4.75x | $852.52 Million |
| Jianpu Technology Inc (AIJTY) | $520.74 Million | 20.38% | 0.93x | $16.37 Million |
| AIOS Tech Inc. (AIOS) | $40.53 Million | 17.61% | 0.35x | $2.83 Million |
| Ally Financial Inc (ALLY) | $13.49 Billion | 6.88% | 11.39x | $10.34 Billion |
| Alpha Investment Inc (ALPC) | $-38.66K | 0.00% | 0.00x | $166.69 Million |
| Antalpha Platform Holding Co (ANTA) | $202.32 Million | 9.14% | 10.90x | $14.83 Million |