World Acceptance's Total Assets for the quarter that ended in Dec. 2023 was $1,119.5 Mil.
During the past 12 months, World Acceptance's average Total Assets Growth Rate was -7.50% per year.
During the past 3 years, the average Total Assets Growth Rate was 2.60% per year.
During the past 5 years, the average Total Assets Growth Rate was 7.10% per year.
During the past 10 years, the average Total Assets Growth Rate was 3.70% per year.
During the past 13 years, World Acceptance's highest 3-Year average Total Assets Growth Rate was 18.10%. The lowest was -1.80%. And the median was 12.10%.
Total Assets is connected with ROA %. World Acceptance's annualizedROA % for the quarter that ended in Dec. 2023 was 5.99%. Total Assets is also linked to Revenue through Asset Turnover. World Acceptance's Asset Turnover for the quarter that ended in Dec. 2023 was 0.11.
World Acceptance Total Assets Historical Data
The historical data trend for World Acceptance's Total Assets can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
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World Acceptance Annual Data
Trend
Mar14
Mar15
Mar16
Mar17
Mar18
Mar19
Mar20
Mar21
Mar22
Mar23
Total Assets
854.99
1,030.09
954.27
1,218.30
1,117.32
World Acceptance Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Total Assets
1,216.98
1,117.32
1,113.97
1,105.70
1,119.54
World Acceptance Total Assets Calculation
Total Assets are all the assets a company owns.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
World Acceptance's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
World Acceptance (NAS:WRLD) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Dec. 2023) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
World Acceptance's Asset Turnover for the quarter that ended in Dec. 2023 is
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
World Acceptance Total Assets Related Terms
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World Acceptance (World Acceptance) Business Description
World Acceptance Corp operates a small-loan consumer finance business. 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 offers income tax return preparation services to its loan customers and other individuals.
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