Atlanticus Holdings Corporation 6.125% Senior Notes due 2026
Financial ratios & Valuation

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
4.5725.97-6.21-0.816.454.943.796.042.825.45N/A4.94
Price/Sales ratio
0.310.610.660.440.310.371.042.681.310.48N/A0.37
Price/Book Value ratio
4.414.066.80-0.92-2.323.193.043.271.041.29N/A-2.32
Price/Cash Flow ratio
-1.5851.501.00-1.311.181.301.675.061.101.22N/A1.30
Price/Free Cash Flow ratio
-1.32-2.22K1.01-1.291.221.311.685.231.121.23N/A1.31
Price/Earnings Growth ratio
-0.03-0.330.01-0.00-0.050.020.010.06-0.10-0.20N/A-0.05
Dividend Yield
N/AN/AN/AN/AN/AN/A3.80%2.02%6.46%4.44%N/AN/A
Profitability Indicator Ratios
Gross Profit Margin
100%-8.13%35.87%56.61%76.00%83.67%90.45%90.43%85.00%91.06%95.88%76.00%
Operating Profit Margin
-26.18%4.91%-20.77%8.57%25.56%9.13%33.67%54.94%70.76%22.31%77.31%25.56%
Pretax Profit Margin
-26.18%4.91%-20.77%-62.97%2.19%9.07%33.61%54.92%51.02%11.12%14.25%2.19%
Net Profit Margin
6.88%2.37%-10.65%-54.34%4.94%7.55%27.66%44.49%46.34%8.90%10.55%4.94%
Effective Tax Rate
126.83%51.73%48.68%13.49%-118.61%17.48%17.89%19.02%9.82%20.69%9.82%-118.61%
Return on Assets
2.67%0.61%-1.74%-9.58%1.34%2.82%7.79%9.15%5.67%3.8%4.62%1.34%
Return On Equity
96.45%15.63%-109.46%113.17%-36.05%64.64%80.24%54.23%37.00%23.66%36.89%-36.05%
Return on Capital Employed
-24.34%2.77%-6.94%3.61%8.51%3.57%9.83%11.55%33.09%10.07%129.39%8.51%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A2.33N/A
Quick Ratio
0.930.791.201.113.2536.0743.1165.092.0818.012.3336.07
Cash ratio
0.260.330.410.160.573.254.269.680.212.600.213.25
Days of Sales Outstanding
370.70719.671.46K1.48K975.14N/AN/AN/A4.64K717.891.29K975.14
Days of Inventory outstanding
N/A331.73881.76789.371.35K-8.72K-18.21K-22.37K3.60KN/AN/AN/A
Operating Cycle
N/A1.05K2.35K2.27K2.33K-8.72K-18.21K-22.37K8.24K717.89319.94319.94
Days of Payables Outstanding
N/A242.50830.391.29K1.01K265.78468.93403.78368.82218.03375.75265.78
Cash Conversion Cycle
N/A808.901.52K975.791.31K-8.98K-18.68K-22.77K7.87K499.86921.80921.80
Debt Ratios
Debt Ratio
1.241.160.691.430.700.830.750.731.450.740.800.70
Debt Equity Ratio
45.0529.8143.93-16.99-18.7619.007.754.339.474.615.89-18.76
Long-term Debt to Capitalization
0.960.940.971.111.050.950.880.810.830.82N/A0.95
Total Debt to Capitalization
0.970.960.971.061.050.950.880.810.900.82N/A0.95
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A9.88N/A
Cash Flow to Debt Ratio
-0.060.000.15-0.040.100.120.230.140.090.22N/A0.12
Company Equity Multiplier
36.0625.6162.89-11.81-26.7322.8810.295.926.516.227.31-26.73
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
-0.190.010.65-0.330.260.280.620.531.180.390.330.26
Free Cash Flow / Operating Cash Flow Ratio
1.19-0.020.991.010.960.990.990.960.980.9910.96
Cash Flow Coverage Ratio
-0.060.000.15-0.040.100.120.230.140.090.22N/A0.12
Short Term Coverage Ratio
-0.150.00N/A-0.09N/AN/AN/AN/A0.20N/A0.20N/A
Dividend Payout Ratio
N/AN/AN/AN/AN/AN/A14.40%12.25%18.28%24.22%N/AN/A