Nicholas Financial, Inc.

Nicholas Financial, Inc.verified

NICK

Price:

$5.9

Market Cap:

$43.07M

Nicholas Financial, Inc. operates as a consumer finance company in the United States. The company engages in acquiring and servicing automobile finance installment contracts for the purchase of new and used automobiles and light trucks. It also originates direct consumer loans and sells consumer-finance related products. As of March 31, 2022, the company operated 47 branch offices located in Alabama, Florida, Georgia, Idaho, Illinois, Indiana, Kentucky, Michigan, Missouri, Nevada, North Carolina, Nevada, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Utah, and Wisconsin. Nicholas Financial, Inc. was founded in 1985 and is headquartered in Clearwater, Florida.[Read more]

Industry

Financial - Credit Services

IPO Date

1997-12-29

Stock Exchange

NASDAQ

Ticker

NICK

The Current Ratio as of September 2024 (TTM) for Nicholas Financial, Inc. (NICK) is 3.71

According to Nicholas Financial, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 3.71. This represents a change of -98.48% compared to the average of 244.17 of the last 4 quarters.

Nicholas Financial, Inc. (NICK) Historical Current Ratio (quarterly & annually)

How has NICK Current Ratio performed in the past?

The mean historical Current Ratio of Nicholas Financial, Inc. over the last ten years is 74.59. The current 3.71 Current Ratio has changed 397.05% with respect to the historical average. Over the past ten years (40 quarters), NICK's Current Ratio was at its highest in in the March 2024 quarter at 513.03. The Current Ratio was at its lowest in in the March 2023 quarter at 0.02.

Quarterly (TTM)
Annual

Average

74.59

Median

0.26

Minimum

0.02

Maximum

730.08

Nicholas Financial, Inc. (NICK) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Nicholas Financial, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 4.65%

Maximum Annual Current Ratio = 730.08

Minimum Annual Increase = -98.12%

Minimum Annual Current Ratio = 0.02

Quarterly (TTM)
Annual
YearCurrent RatioChange
2024730.084.65%
20230.02-89.36%
20220.15-49.12%
20210.299.93%
20200.26-98.12%
201914.043.47%
20180.3962.01%
20170.2450.57%
20160.16-35.04%
20150.2528.20%

Nicholas Financial, Inc. (NICK) Average Current Ratio

How has NICK Current Ratio performed in the past?

The current Current Ratio of Nicholas Financial, Inc. (NICK) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

243.41

5-year avg

146.16

10-year avg

74.59

Nicholas Financial, Inc. (NICK) Current Ratio vs. Peers

How is NICK’s Current Ratio compared to its peers?

Nicholas Financial, Inc.’s Current Ratio is less than Regional Management Corp. (49.53), less than ORIX Corporation (4.49), less than FirstCash Holdings, Inc (4.03), greater than Finance Of America Companies Inc. (0.43), less than KYN Capital Group, Inc. (0), greater than World Acceptance Corporation (0), less than Federal Agricultural Mortgage Corporation (17.02), less than SLM Corporation (4.75), greater than Navient Corporation (0), greater than Jianpu Technology Inc. (0.20), greater than American Seniors Association Holding Group, Inc. (1.67), less than Yiren Digital Ltd. (0), less than Federal Agricultural Mortgage Corporation (0), less than null (4.18), less than null (4.75),

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