World Net Income from 2010 to 2024

WRLD Stock  USD 110.73  1.47  1.31%   
World Acceptance's Net Income is decreasing over the years with slightly volatile fluctuation. Net Income is expected to dwindle to about 48.2 M. During the period from 2010 to 2024 World Acceptance Net Income annual values regression line had coefficient of variation of  49.21 and r-squared of  0.08. View All Fundamentals
 
Net Income  
First Reported
1991-09-30
Previous Quarter
9.9 M
Current Value
22.1 M
Quarterly Volatility
11 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check World Acceptance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among World Acceptance's main balance sheet or income statement drivers, such as Interest Expense of 50.6 M, Other Operating Expenses of 498.7 M or Operating Income of 77.3 M, as well as many indicators such as Price To Sales Ratio of 1.85, Dividend Yield of 0.0 or PTB Ratio of 2.63. World financial statements analysis is a perfect complement when working with World Acceptance Valuation or Volatility modules.
  
Check out the analysis of World Acceptance Correlation against competitors.
For information on how to trade World Stock refer to our How to Trade World Stock guide.

Latest World Acceptance's Net Income Growth Pattern

Below is the plot of the Net Income of World Acceptance over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in World Acceptance financial statement analysis. It represents the amount of money remaining after all of World Acceptance operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is World Acceptance's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in World Acceptance's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 77.35 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

World Net Income Regression Statistics

Arithmetic Mean68,409,508
Coefficient Of Variation49.21
Mean Deviation27,446,933
Median73,897,515
Standard Deviation33,663,512
Sample Variance1133.2T
Range111.4M
R-Value(0.29)
Mean Square Error1119.2T
R-Squared0.08
Significance0.30
Slope(2,167,479)
Total Sum of Squares15865.2T

World Net Income History

202448.2 M
202377.3 M
202221.2 M
202153.9 M
202088.3 M
201928.2 M
201873.9 M

Other Fundumenentals of World Acceptance

World Acceptance Net Income component correlations

About World Acceptance Financial Statements

World Acceptance stakeholders use historical fundamental indicators, such as World Acceptance's Net Income, to determine how well the company is positioned to perform in the future. Although World Acceptance investors may analyze each financial statement separately, they are all interrelated. For example, changes in World Acceptance's assets and liabilities are reflected in the revenues and expenses on World Acceptance's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in World Acceptance. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Income77.3 M49.9 M
Net Income Applicable To Common Shares24.4 M23.2 M
Net Income From Continuing Ops77.3 M63.1 M
Net Income Per Share 13.45  14.13 
Net Income Per E B T 0.78  0.53 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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:
Check out the analysis of World Acceptance Correlation against competitors.
For information on how to trade World Stock refer to our How to Trade World Stock guide.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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.