World Good Will vs Cash Analysis

WRLD Stock

USD 118.83 1.26 1.07%

World Acceptance financial indicator trend analysis is more than just analyzing World Acceptance current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether World Acceptance is a good investment. Please check the relationship between World Acceptance Good Will and its Cash accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in World Acceptance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For information on how to trade World Stock refer to our How to Trade World Stock guide.

Good Will vs Cash

Good Will vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of World Acceptance Good Will account and Cash. At this time, the significance of the direction appears to have weak relationship.

The correlation between World Acceptance's Good Will and Cash is 0.35. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Cash in the same time period over historical financial statements of World Acceptance, assuming nothing else is changed. The correlation between historical values of World Acceptance's Good Will and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of World Acceptance are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Good Will i.e., World Acceptance's Good Will and Cash go up and down completely randomly.

Correlation Coefficient

0.35

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Cash

Cash refers to the most liquid asset of World Acceptance, which is listed under current asset account on World Acceptance balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from World Acceptance customers. The amounts must be unrestricted with restricted cash listed in a different World Acceptance account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from World Acceptance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into World Acceptance current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in World Acceptance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For information on how to trade World Stock refer to our How to Trade World Stock guide.At present, World Acceptance's Discontinued Operations is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 1.4 B, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.0003.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	483.4M	538.9M	10.9M	10.3M
Income Tax Expense	11.7M	5.9M	22.1M	25.2M

Depreciation And Amortization Income Tax Expense

World Acceptance fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Other Current Liab	Total Current Liabilities	Accounts Payable	Other Current Assets	Other Liab	Long Term Debt	Good Will	Intangible Assets	Property Plant Equipment
Common Stock Shares Outstanding		-0.76	-0.76	-0.55	-0.72	-0.75	-0.25	-0.34	0.13	0.25	-0.17	-0.34	0.16	-0.81	-0.78	-0.72	0.17	0.14	0.14	-0.62	0.78	-0.66	-0.61	-0.91	-0.45	-0.63
Total Assets	-0.76		0.74	0.68	0.57	0.73	0.29	0.43	-0.06	-0.19	0.06	0.43	-0.04	0.52	0.76	0.44	-0.06	-0.05	-0.05	0.75	-0.87	0.6	0.84	0.82	0.43	0.39
Short Long Term Debt Total	-0.76	0.74		0.14	0.8	1.0	0.34	0.25	-0.3	-0.42	0.3	0.25	-0.19	0.66	1.0	0.75	-0.3	-0.29	-0.29	0.54	-0.6	0.54	0.91	0.71	0.44	0.74
Total Stockholder Equity	-0.55	0.68	0.14		0.13	0.12	0.02	0.34	0.2	0.16	-0.19	0.34	0.07	0.3	0.18	0.07	0.19	0.2	0.2	0.64	-0.8	0.47	0.2	0.73	0.18	0.01
Property Plant And Equipment Net	-0.72	0.57	0.8	0.13		0.81	0.28	-0.07	-0.6	-0.61	0.61	-0.07	-0.57	0.62	0.8	0.95	-0.6	-0.57	-0.57	0.56	-0.4	0.5	0.58	0.65	0.8	0.68
Net Debt	-0.75	0.73	1.0	0.12	0.81		0.34	0.21	-0.33	-0.44	0.33	0.21	-0.22	0.66	1.0	0.76	-0.33	-0.32	-0.32	0.54	-0.59	0.52	0.9	0.7	0.45	0.75
Retained Earnings	-0.25	0.29	0.34	0.02	0.28	0.34		0.03	-0.21	-0.64	0.22	0.03	-0.21	0.34	0.33	0.19	-0.22	-0.21	-0.2	0.17	-0.17	0.11	0.36	0.17	0.17	0.37
Cash	-0.34	0.43	0.25	0.34	-0.07	0.21	0.03		0.56	0.42	-0.56	1.0	0.58	0.18	0.27	-0.13	0.56	0.7	0.7	0.19	-0.5	0.52	0.39	0.35	-0.2	-0.05
Non Current Assets Total	0.13	-0.06	-0.3	0.2	-0.6	-0.33	-0.21	0.56		0.88	-0.99	0.56	0.95	-0.32	-0.29	-0.59	0.99	0.95	0.95	-0.14	-0.19	-0.22	-0.12	-0.1	-0.69	-0.45
Non Currrent Assets Other	0.25	-0.19	-0.42	0.16	-0.61	-0.44	-0.64	0.42	0.88		-0.89	0.42	0.84	-0.42	-0.41	-0.56	0.89	0.85	0.85	-0.17	-0.06	-0.23	-0.29	-0.16	-0.62	-0.53
Other Assets	-0.17	0.06	0.3	-0.19	0.61	0.33	0.22	-0.56	-0.99	-0.89		-0.56	-0.96	0.33	0.3	0.6	-1.0	-0.95	-0.95	0.14	0.17	0.22	0.12	0.1	0.69	0.45
Cash And Short Term Investments	-0.34	0.43	0.25	0.34	-0.07	0.21	0.03	1.0	0.56	0.42	-0.56		0.58	0.18	0.27	-0.13	0.56	0.7	0.7	0.19	-0.5	0.52	0.39	0.35	-0.2	-0.05
Non Current Liabilities Total	0.16	-0.04	-0.19	0.07	-0.57	-0.22	-0.21	0.58	0.95	0.84	-0.96	0.58		-0.33	-0.19	-0.57	0.96	0.91	0.91	-0.18	-0.16	-0.21	0.01	-0.12	-0.69	-0.43
Other Stockholder Equity	-0.81	0.52	0.66	0.3	0.62	0.66	0.34	0.18	-0.32	-0.42	0.33	0.18	-0.33		0.67	0.68	-0.34	-0.3	-0.3	0.28	-0.47	0.55	0.49	0.68	0.35	0.82
Total Liab	-0.78	0.76	1.0	0.18	0.8	1.0	0.33	0.27	-0.29	-0.41	0.3	0.27	-0.19	0.67		0.76	-0.3	-0.28	-0.28	0.56	-0.63	0.56	0.91	0.74	0.45	0.74
Property Plant And Equipment Gross	-0.72	0.44	0.75	0.07	0.95	0.76	0.19	-0.13	-0.59	-0.56	0.6	-0.13	-0.57	0.68	0.76		-0.6	-0.56	-0.56	0.51	-0.3	0.52	0.47	0.62	0.64	0.8
Total Current Assets	0.17	-0.06	-0.3	0.19	-0.6	-0.33	-0.22	0.56	0.99	0.89	-1.0	0.56	0.96	-0.34	-0.3	-0.6		0.95	0.95	-0.13	-0.17	-0.22	-0.12	-0.1	-0.69	-0.45
Other Current Liab	0.14	-0.05	-0.29	0.2	-0.57	-0.32	-0.21	0.7	0.95	0.85	-0.95	0.7	0.91	-0.3	-0.28	-0.56	0.95		1.0	-0.1	-0.18	0.0	-0.12	-0.08	-0.65	-0.43
Total Current Liabilities	0.14	-0.05	-0.29	0.2	-0.57	-0.32	-0.2	0.7	0.95	0.85	-0.95	0.7	0.91	-0.3	-0.28	-0.56	0.95	1.0		-0.1	-0.18	0.0	-0.12	-0.08	-0.65	-0.43
Accounts Payable	-0.62	0.75	0.54	0.64	0.56	0.54	0.17	0.19	-0.14	-0.17	0.14	0.19	-0.18	0.28	0.56	0.51	-0.13	-0.1	-0.1		-0.63	0.56	0.51	0.73	0.43	0.41
Other Current Assets	0.78	-0.87	-0.6	-0.8	-0.4	-0.59	-0.17	-0.5	-0.19	-0.06	0.17	-0.5	-0.16	-0.47	-0.63	-0.3	-0.17	-0.18	-0.18	-0.63		-0.58	-0.63	-0.9	-0.25	-0.23
Other Liab	-0.66	0.6	0.54	0.47	0.5	0.52	0.11	0.52	-0.22	-0.23	0.22	0.52	-0.21	0.55	0.56	0.52	-0.22	0.0	0.0	0.56	-0.58		0.46	0.7	0.33	0.44
Long Term Debt	-0.61	0.84	0.91	0.2	0.58	0.9	0.36	0.39	-0.12	-0.29	0.12	0.39	0.01	0.49	0.91	0.47	-0.12	-0.12	-0.12	0.51	-0.63	0.46		0.59	0.31	0.53
Good Will	-0.91	0.82	0.71	0.73	0.65	0.7	0.17	0.35	-0.1	-0.16	0.1	0.35	-0.12	0.68	0.74	0.62	-0.1	-0.08	-0.08	0.73	-0.9	0.7	0.59		0.41	0.51
Intangible Assets	-0.45	0.43	0.44	0.18	0.8	0.45	0.17	-0.2	-0.69	-0.62	0.69	-0.2	-0.69	0.35	0.45	0.64	-0.69	-0.65	-0.65	0.43	-0.25	0.33	0.31	0.41		0.27
Property Plant Equipment	-0.63	0.39	0.74	0.01	0.68	0.75	0.37	-0.05	-0.45	-0.53	0.45	-0.05	-0.43	0.82	0.74	0.8	-0.45	-0.43	-0.43	0.41	-0.23	0.44	0.53	0.51	0.27

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World Acceptance Account Relationship Matchups

World Acceptance fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	8.0M	6.7M	6.4M	5.9M	5.9M	5.6M
Total Assets	1.0B	954.3M	1.2B	1.1B	1.1B	566.6M
Short Long Term Debt Total	553.9M	496.7M	779.8M	679.0M	577.9M	606.8M
Total Stockholder Equity	414.5M	404.9M	373.0M	385.2M	424.4M	271.1M
Property Plant And Equipment Net	126.4M	116.4M	110.7M	105.2M	102.4M	107.5M
Net Debt	542.2M	481.0M	760.6M	662.5M	566.1M	594.4M
Retained Earnings	184.7M	149.3M	92.1M	97.2B	138.0M	131.1M
Cash	11.6M	15.7M	19.2M	16.5M	11.8M	9.7M
Non Current Assets Total	158.3M	147.3M	137.8M	127.9M	194.0M	184.3M
Non Currrent Assets Other	(158.3M)	(147.3M)	(137.8M)	(41.7B)	73.1M	69.5M
Other Assets	853.9M	791.2M	1.1B	972.9M	39.5M	41.5M
Cash And Short Term Investments	11.6M	15.7M	19.2M	16.5M	11.8M	9.7M
Liabilities And Stockholders Equity	1.0B	954.3M	1.2B	1.1B	1.1B	567.9M
Non Current Liabilities Total	553.9M	496.7M	58.0M	50.6M	555.4M	527.6M
Other Stockholder Equity	45.0M	255.6M	280.9M	288.1M	286.4M	300.8M
Total Liab	613.6M	549.3M	845.3M	732.1M	631.9M	663.5M
Property Plant And Equipment Gross	126.4M	116.4M	110.7M	105.2M	158.6M	166.5M
Total Current Assets	15.9M	15.7M	19.2M	16.5M	862.4M	819.3M
Other Current Liab	(59.7M)	(34.6M)	(52.2M)	(44.9M)	28.1M	26.7M
Total Current Liabilities	59.7M	41.0M	58.0M	50.6M	76.6M	72.7M
Accounts Payable	59.7M	23.1M	44.8M	42.3M	48.5M	32.7M
Other Current Assets	(11.6M)	(15.7M)	(19.2M)	(16.5M)	3.1M	2.9M
Long Term Debt	451.1M	405.0M	692.4M	595.3M	496.0M	307.7M
Intangible Assets	24.4M	23.5M	19.8M	15.3M	11.1M	10.5M
Property Plant Equipment	24.8M	26.3M	110.7M	105.2M	121.0M	127.0M
Net Receivables	4.3M	733.7B	985.5B	887.8B	3.1M	2.9M
Net Tangible Assets	380.1M	374.0M	345.9M	362.6M	417.0M	432.5M
Retained Earnings Total Equity	391.3M	354.0M	184.7M	149.3M	134.4M	217.2M
Long Term Debt Total	244.9M	251.9M	451.1M	405.0M	364.5M	296.7M
Capital Surpluse	175.9M	198.1M	227.2M	255.6M	293.9M	171.1M
Long Term Investments	725.2M	755.6M	804.4M	733.7M	843.7M	802.7M
Common Stock	414.5M	404.9M	373.0M	424.4M	488.1M	512.5M
Net Invested Capital	863.1M	405.0M	692.4M	595.3M	920.5M	579.0M

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When determining whether World Acceptance is a strong investment it is important to analyze World Acceptance's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact World Acceptance's future performance. For an informed investment choice regarding World Stock, refer to the following important reports:

How To Invest In World

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Is World Stock a good investment?

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What is World Acceptance's Net Worth?

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Largest Financial Services Companies

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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in World Acceptance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For information on how to trade World Stock refer to our How to Trade World Stock guide.

You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

Is Consumer Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of World Acceptance. If investors know World will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about World Acceptance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.472

Earnings Share

14.63

Revenue Per Share

99.637

Quarterly Revenue Growth

(0.04)

Return On Assets

0.0873

The market value of World Acceptance is measured differently than its book value, which is the value of World that is recorded on the company's balance sheet. Investors also form their own opinion of World Acceptance's value that differs from its market value or its book value, called intrinsic value, which is World Acceptance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because World Acceptance's market value can be influenced by many factors that don't directly affect World Acceptance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between World Acceptance's value and its price as these two are different measures arrived at by different means. Investors typically determine if World Acceptance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, World Acceptance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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World Good Will vs Cash Analysis

Good Will vs Cash

Good Will vs Cash Correlation Analysis

Correlation Coefficient

Good Will

Cash

World Acceptance fundamental ratios Correlations

World Acceptance Account Relationship Matchups

High Positive Relationship

High Negative Relationship

World Acceptance fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Net Debt
Cash And Short Term Investments	+ 1.0	Cash
Total Current Liabilities	+ 1.0	Other Current Liab
Total Current Assets	+ 0.99	Non Current Assets Total

Total Current Assets	- 1.0	Other Assets
Other Assets	- 0.99	Non Current Assets Total
Non Current Liabilities Total	- 0.96	Other Assets
Total Current Liabilities	- 0.95	Other Assets
Other Current Liab	- 0.95	Other Assets
Good Will	- 0.91	Common Stock Shares Outstanding