World Acceptance Corporation Net Assets
World Acceptance Corporation net assets. Based on the latest financial reports, World Acceptance Corporation (WRLD) has net assets worth $362.18 Million USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.08 Billion) and total liabilities ($716.86 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. Also explore World Acceptance Corporation (WRLD) equity growth momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $362.18 Million |
| % of Total Assets | 33.57% |
| Annual Growth Rate | 9.39% |
| 5-Year Change | -5.9% |
| 10-Year Change | -23.87% |
| Growth Volatility | 15.91 |
Net Assets of World Acceptance Corporation (1992–2026)
Net assets of World Acceptance Corporation from 1992 to 2026. This chart illustrates how World Acceptance Corporation's net assets have evolved over time, based on quarterly financial data. See World Acceptance Corporation balance sheet quality to measure how much of total assets are equity-financed.
Annual Net Assets for World Acceptance Corporation (1992–2026)
The table below shows the annual net assets of World Acceptance Corporation from 1992 to 2026. For live market cap and overall valuation, see WRLD market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | $351.01 Million | -19.68% |
| 2025-03-31 | $436.99 Million | +2.96% |
| 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 7851.4% over the analyzed period, indicating profitable operations and earnings retention.
World Acceptance Corporation Net Assets Breakdown (March 2026)
World Acceptance Corporation net assets breakdown by equity component as of March 2026.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $71.56 Million | 20.39% |
| Other Components | $279.44 Million | 79.61% |
| Total Equity | $351.01 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 |
|---|---|
|
Shanghai Jiao Yun Group Co Ltd
SHG:600676
|
$772.07 Million |
|
Optiemus Infracom Limited
NSE:OPTIEMUS
|
$772.26 Million |
|
TTK Prestige Limited
NSE:TTKPRESTIG
|
$772.60 Million |
|
Shanghai Bolex Food Technology Co. Ltd.
SHG:603170
|
$772.65 Million |
|
Peakstone Realty Trust
NYSE:PKST
|
$771.78 Million |
|
Tianjin Tianyao Pharmaceuticals Co Ltd
SHG:600488
|
$771.72 Million |
|
Equites Property Fund Ltd
JSE:EQU
|
$771.71 Million |
|
Fujian Foxit Software Development Joint Stock Co Ltd
SHG:688095
|
$771.51 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 2025 to 2026, total equity changed from 436,991,487 to 351,005,291, a change of -85,986,196 (-19.7%).
- Net income of 34,586,024 contributed positively to equity growth.
- Share repurchases of 132,421,630 reduced equity.
- Other factors increased equity by 11,849,410.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $34.59 Million | +9.85% |
| Share Repurchases | $132.42 Million | -37.73% |
| Other Changes | $11.85 Million | +3.38% |
| Total Change | $- | -19.68% |
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: 2.37x
- 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 156.82x to 2.37x 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 | $165.66 | x |
| 1993-03-31 | $1.00 | $165.66 | x |
| 1994-03-31 | $1.30 | $165.66 | x |
| 1995-03-31 | $1.71 | $165.66 | x |
| 1996-03-31 | $2.07 | $165.66 | x |
| 1997-03-31 | $1.97 | $165.66 | x |
| 1998-03-31 | $2.47 | $165.66 | x |
| 1999-03-31 | $2.85 | $165.66 | x |
| 2000-03-31 | $3.56 | $165.66 | x |
| 2001-03-31 | $4.39 | $165.66 | x |
| 2002-03-31 | $5.30 | $165.66 | x |
| 2003-03-31 | $6.34 | $165.66 | x |
| 2004-03-31 | $8.09 | $165.66 | x |
| 2005-03-31 | $9.70 | $165.66 | x |
| 2006-03-31 | $11.02 | $165.66 | x |
| 2007-03-31 | $11.72 | $165.66 | x |
| 2008-03-31 | $13.49 | $165.66 | x |
| 2009-03-31 | $18.00 | $165.66 | x |
| 2010-03-31 | $23.14 | $165.66 | x |
| 2011-03-31 | $27.30 | $165.66 | x |
| 2012-03-31 | $27.40 | $165.66 | x |
| 2013-03-31 | $27.73 | $165.66 | x |
| 2014-03-31 | $26.18 | $165.66 | x |
| 2015-03-31 | $33.87 | $165.66 | x |
| 2016-03-31 | $44.34 | $165.66 | x |
| 2017-03-31 | $52.50 | $165.66 | x |
| 2018-03-31 | $60.40 | $165.66 | x |
| 2019-03-31 | $59.99 | $165.66 | x |
| 2020-03-31 | $51.80 | $165.66 | x |
| 2021-03-31 | $60.69 | $165.66 | x |
| 2022-03-31 | $58.61 | $165.66 | x |
| 2023-03-31 | $65.30 | $165.66 | x |
| 2024-03-31 | $72.40 | $165.66 | x |
| 2025-03-31 | $79.35 | $165.66 | x |
| 2026-03-31 | $69.84 | $165.66 | 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): 9.85%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.91%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 3.00x
- Recent ROE (9.85%) is below the historical average (18.98%), suggesting potential challenges in 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 | 20.54% | 15.89% | 0.56x | 2.31x | $46.04 Million |
| 2026 | 9.85% | 5.91% | 0.56x | 3.00x | $-514.51K |
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: $8,445,664,324
- Average return on equity (ROE) among peers: -1.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| World Acceptance Corporation (WRLD) | $362.18 Million | 12.05% | 1.98x | $772.04 Million |
| Affirm Holdings Inc (AFRM) | $2.58 Billion | -17.12% | 0.89x | $21.37 Billion |
| Federal Agricultural Mortgage Corporation (AGM) | $1.27 Billion | 14.01% | 20.49x | $1.89 Billion |
| Federal Agricultural Mortgage Corporation (AGM-A) | $320.56 Million | 31.07% | 18.15x | $142.25 Million |
| Ally Financial Inc (ALLY) | $14.37 Billion | 14.79% | 19.00x | $11.70 Billion |
| Antalpha Platform Holding Co (ANTA) | $46.38 Million | 9.47% | 26.05x | $43.71 Million |
| Atlanticus Holdings Corporation (ATLC) | $5.78 Million | -109.66% | 62.01x | $1.40 Billion |
| American Express Company (AXP) | $18.26 Billion | 15.05% | 8.92x | $215.64 Billion |
| Bread Financial Holdings, Inc. (BFH) | $2.27 Billion | 9.85% | 10.22x | $3.87 Billion |
| Credit Acceptance Corporation (CACC) | $288.44 Million | 8.55% | 1.99x | $4.99 Billion |
| Capital One Financial Corporation (COF) | $45.05 Billion | 9.83% | 5.86x | $128.04 Billion |
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