World Acceptance (FRA:WOA) Debt-to-Asset : 0.60 (As of Dec. 2023)

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What is World Acceptance Debt-to-Asset?

World Acceptance's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.0 Mil. World Acceptance's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €612.1 Mil. World Acceptance's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was €1,026.6 Mil. World Acceptance's debt to asset for the quarter that ended in Dec. 2023 was 0.60.

World Acceptance Debt-to-Asset Historical Data

The historical data trend for World Acceptance's Debt-to-Asset 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 Debt-to-Asset Chart

World Acceptance Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Asset

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0.54

0.52

0.64

0.61

0.55

World Acceptance Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial															0.61	0.60	0.58	0.60	0.55

Competitive Comparison of World Acceptance's Debt-to-Asset

For the Credit Services subindustry, World Acceptance's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

World Acceptance's Debt-to-Asset Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, World Acceptance's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where World Acceptance's Debt-to-Asset falls into.

World Acceptance Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

World Acceptance's Debt-to-Asset for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	634.185)	/	1043.575
	=	0.61

World Acceptance's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	612.075)	/	1026.617
	=	0.60

World Acceptance (FRA:WOA) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

World Acceptance Debt-to-Asset Related Terms

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World Acceptance (FRA:WOA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » World Acceptance Corp (FRA:WOA) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

WRLD:USA

Address

104 South Main Street, Greenville, SC, USA, 29601

Website

https://www.loansbyworld.com

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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