World Acceptance Debt-to-Equity Ratio Growth & History (WRLD)
World Acceptance's debt-to-equity ratio was 1.88 for fiscal 2025.
View full World Acceptance company overviewWorld Acceptance annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2026-03-31 | 1.88 | 0.68 | +56.33% |
| 2024 | 2025-03-31 | 1.20 | −0.17 | −12.29% |
| 2023 | 2024-03-31 | 1.37 | −0.41 | −22.80% |
| 2022 | 2023-03-31 | 1.78 | −0.32 | −15.38% |
| 2021 | 2022-03-31 | 2.10 | 0.88 | +71.43% |
| 2020 | 2021-03-31 | 1.23 | −0.12 | −8.76% |
| 2019 | 2020-03-31 | 1.34 | 0.89 | +194.63% |
| 2018 | 2019-03-31 | 0.46 | 0.00 | +0.82% |
| 2017 | 2018-03-31 | 0.45 | −0.19 | −29.30% |
| 2016 | 2017-03-31 | 0.64 | −0.32 | −33.05% |
| 2015 | 2016-03-31 | 0.96 | −0.63 | −39.80% |
| 2014 | 2015-03-31 | 1.59 | −0.06 | −3.44% |
| 2013 | 2014-03-31 | 1.64 | 0.55 | +50.56% |
| 2012 | 2013-03-31 | 1.09 | 0.43 | +63.86% |
| 2011 | 2012-03-31 | 0.67 | — | — |
World Acceptance quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q1 2026 | 2026-06-30 | 1.79 | 0.50 | +38.57% |
| Q4 2025 | 2026-03-31 | 1.88 | 0.68 | +56.33% |
| Q3 2025 | 2025-12-31 | 2.14 | 0.64 | +42.53% |
| Q2 2025 | 2025-09-30 | 1.81 | 0.39 | +27.84% |
| Q1 2025 | 2025-06-30 | 1.29 | −0.08 | −5.56% |
| Q4 2024 | 2025-03-31 | 1.20 | −0.17 | −12.29% |
| Q3 2024 | 2024-12-31 | 1.50 | −0.15 | −8.87% |
| Q2 2024 | 2024-09-30 | 1.41 | −0.17 | −10.49% |
| Q1 2024 | 2024-06-30 | 1.37 | −0.32 | −19.08% |
| Q4 2023 | 2024-03-31 | 1.37 | −0.41 | −22.80% |
| Q3 2023 | 2023-12-31 | 1.65 | −0.62 | −27.30% |
| Q2 2023 | 2023-09-30 | 1.58 | −0.78 | −33.11% |
| Q1 2023 | 2023-06-30 | 1.69 | −0.78 | −31.52% |
| Q4 2022 | 2023-03-31 | 1.78 | −0.32 | −15.38% |
| Q3 2022 | 2022-12-31 | 2.26 | 2.05 | +955.77% |
| Q2 2022 | 2022-09-30 | 2.36 | 2.14 | +997.61% |
| Q1 2022 | 2022-06-30 | 2.47 | 2.25 | +1013.24% |
| Q4 2021 | 2022-03-31 | 2.10 | 0.88 | +71.43% |
| Q3 2021 | 2021-12-31 | 0.21 | −0.05 | −18.44% |
| Q2 2021 | 2021-09-30 | 0.21 | −0.05 | −18.20% |
| Q1 2021 | 2021-06-30 | 0.22 | −0.03 | −11.16% |
| Q4 2020 | 2021-03-31 | 1.23 | −0.12 | −8.76% |
| Q3 2020 | 2020-12-31 | 0.26 | −0.05 | −17.06% |
| Q2 2020 | 2020-09-30 | 0.26 | −0.04 | −14.01% |
| Q1 2020 | 2020-06-30 | 0.25 | 0.04 | +16.35% |
| Q4 2019 | 2020-03-31 | 1.34 | 0.89 | +194.63% |
| Q3 2019 | 2019-12-31 | 0.32 | 0.32 | — |
| Q2 2019 | 2019-09-30 | 0.31 | 0.31 | — |
| Q1 2019 | 2019-06-30 | 0.21 | 0.21 | — |
| Q4 2018 | 2019-03-31 | 0.46 | 0.00 | +0.82% |
| Q3 2018 | 2018-12-31 | 0.00 | — | — |
| Q2 2018 | 2018-09-30 | 0.00 | — | — |
| Q1 2018 | 2018-06-30 | 0.00 | — | — |
| Q4 2017 | 2018-03-31 | 0.45 | −0.19 | −29.30% |
| Q4 2016 | 2017-03-31 | 0.64 | −0.32 | −33.05% |
| Q4 2015 | 2016-03-31 | 0.96 | −0.63 | −39.80% |
| Q4 2014 | 2015-03-31 | 1.59 | −0.06 | −3.44% |
| Q4 2013 | 2014-03-31 | 1.64 | 0.55 | +50.56% |
| Q4 2012 | 2013-03-31 | 1.09 | 0.43 | +63.86% |
| Q4 2011 | 2012-03-31 | 0.67 | — | — |
World Acceptance debt-to-equity ratio trends
Over the last five fiscal years, World Acceptance's debt-to-equity ratio increased from 1.23 to 1.88, a change of 0.66. The latest reported quarter, Q1 2026, shows 1.79.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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