CURO Group Holdings Corp. (CUROQ) Financial Analysis and Rating

Comparison Analysis Based on SEC Data

Company Name CURO Group Holdings Corp.
Industry (SIC) 6199 - Finance Services
Revenue in 2022 $625,593 thousand (ranked #41 out of 126 companies in the industry)
Assets as of 12/31/2022 $2,789 million (ranked #50)
Analyzed report 12/31/2021 (filed 3/07/2022)

Year:
20212022

Financial Position and Performance
Annual | Quarterly

Compared with 2021 industry ratios Change during the year

worse
deteriorated
Compared with all listed companies

worse

Compare with a competitor

Financial Ratios Benchmarking

Financial Ratio Comparison of company ratios for 2021
with industry ratios
(61 - Non-depository Credit Institutions) 		with all listed companies
Solvency Ratios
Debt ratio 
0.93
0.86
0.93
0.57
Debt-to-equity ratio 
14.35
5.02
14.35
0.93
Interest coverage ratio 
1.59
3.07
1.59
3.04
Profitability Ratios
Profit margin 
10.4%
25%
10.4%
5.2%
ROE (Return on equity), after tax 
40.6%
12.6%
40.6%
2.6%
ROA (Return on assets) 
3.3%
1.8%
3.3%
1.1%
Activity Ratios
Asset turnover (days) 
1162
3589
1162
815
Resulting score -0,3 -0,3

Year:
20212022

Additional Ratios (not used in score calculation)

Financial Ratio Comparison of company ratios for 2021
with industry ratios
(61 - Non-depository Credit Institutions) 		with all listed companies
Profitability Ratios
Gross margin 
13.8%
77.9%
13.8%
41.6%
Operating margin (Return on sales) 
38.1%
49.2%
38.1%
9.7%
Activity Ratios
EBIT  $218M
EBITDA  $252M
Price Ratios
Dividend Payout Ratio 
0.27
0.47
0.27
0.27
Earnings per Share (basic)  $1.44
Earnings per Share (diluted)  $1.38

Auditor's Conclusion

We have performed a comparative analysis of the balance sheet and income statement of CURO Group Holdings Corp. (hereafter – the "Company") for the year 2021 as filed with the U.S. Securities and Exchange Commission (SEC). The primary business activity of the Company is "Finance Services" (SIC code 6199). In our analysis, we compared the key financial ratios of the Company with the average (median) values of those ratios calculated for the Company's specific industry sector and for all companies. The averages were calculated using data from 2021 financial statements filed with the SEC through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). By comparing each of the eleven key metrics to the median, we have reached an overall conclusion about the quality of the Company's financial condition. All calculations and conclusions were performed using software and methodologies developed by ReadyRatios.

Based on our analysis of the Company's key financial ratios, we have determined the following. The financial condition of CURO Group Holdings Corp. in 2021 is worse than the typical financial condition of companies in the "Finance Services" industry.

This conclusion is supported by a comparison of the Company's financial ratios with a