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Net Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents plus Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). World Acceptance's Net Cash per Share for the quarter that ended in Dec. 2023 was $-115.22.
The historical rank and industry rank for World Acceptance's Net Cash per Share or its related term are showing as below:
The historical data trend for World Acceptance's Net Cash per Share 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.
World Acceptance Annual Data | |||||||||||||||||||||
Trend | Mar15 | Mar16 | Mar17 | Mar18 | Mar19 | Mar20 | Mar21 | Mar22 | Mar23 | Mar24 | |||||||||||
Net Cash per Share | Get a 7-Day Free Trial | -77.68 | -78.41 | -130.12 | -114.84 | -110.73 |
World Acceptance Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Net Cash per Share | Get a 7-Day Free Trial | -114.84 | -112.35 | -108.36 | -115.22 | -110.73 |
For the Credit Services subindustry, World Acceptance's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Credit Services industry and Financial Services sector, World Acceptance's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where World Acceptance's Price-to-Net-Cash falls into.
In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.
World Acceptance's Net Cash per Share for the fiscal year that ended in Mar. 2023 is calculated as
Net Cash per Share (A: Mar. 2023 ) | |||||||||
= | (Balance Sheet Cash And Cash Equivalents | + | Marketable Securities | - | Total Liabilities | - | Minority Interest) | / | Shares Outstanding (EOP) |
= | (16.509 | + | 0 | - | 732.091 | - | 0) | / | 6.23108 |
= | -114.84 |
World Acceptance's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as
Net Cash per Share (Q: Dec. 2023 ) | = | (Balance Sheet Cash And Cash Equivalents | + | Marketable Securities | - | Total Liabilities | - | Minority Interest) | / | Shares Outstanding (EOP) |
= | (12.776 | + | 0 | - | 712.52 | - | 0) | / | 6.0733 |
= | -115.22 |
* 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) Net Cash per Share Explanation
Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.
Thank you for viewing the detailed overview of World Acceptance's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Calmes John L Jr | officer: VP, CFO and Treasurer | C/O WORLD ACCEPTANCE CORPORATION, 108 FREDERICK STREET, GREENVILLE SC 29607 |
Jason E. Childers | officer: SVP, IT Strategic Solutions | 108 FREDERICK STREET, GREENVILLE SC 29607 |
Scott Mcintyre | officer: SVP, Accounting | 108 FREDERICK STREET, GREENVILLE SC 29607 |
Clifford Sosin | 10 percent owner | 8 WRIGHT STREET, 1ST FL, WESTPORT CT 06880 |
Thomas W Smith | 10 percent owner, other: Member of Section 13(d) Group | 2200 BUTTS ROAD, SUITE 320, BOCA RATON FL 33431 |
Luke J. Umstetter | officer: SVP, General Counsel | 104 SOUTH MAIN STREET, SUITE 400, GREENVILLE SC 29601 |
Darrell E Whitaker | director | 14 BATSON ORCHARD CT., TAYLORS SC 29687 |
R Chad Prashad | officer: See remarks | 108 FREDERICK STREET, GREENVILLE SC 29607 |
Alice Lindsay Caulder | officer: SVP, Human Resources | 108 FREDERICK STREET, GREENVILLE SC 29607 |
Daniel Clinton Dyer | officer: SVP, CENTRAL DIVISION | 230 4TH AVENUE NORTH SUITE 500, NASHVILLE TN 37219 |
Charles D Way | director | |
Elizabeth R. Neuhoff | director | 146 SOTA DRIVE, JUPITER FL 33458 |
Robinson Benjamin E Iii | director | 325 CORPORATE DRIVE, PORTSMOUTH NH 03885 |
Bramlett Ken R Jr | director | 2709 WATER RIDGE PARKWAY, 2ND FLOOR, CHARLOTTE NC 28217 |
Alison N Labruyere | officer: SVP and General Counsel | 108 FREDERICK STREET, GREENVILLE SC 29607 |
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