PRA Group (PRAA) Financials

PRA Group Inc (PRAA) is a financial services company that specializes in the acquisition and management of non-performing loans. The company's income statement shows its financial performance over a specific period of time. It provides information on the company's revenues, expenses, and profits. The income statement is divided into various sections, including gross profit, operating income, and net income from stockholders. PRAA's gross profit represents the company's total revenue minus the cost of goods sold. It is an important indicator of the company's profitability.

PRAA's EBIT (earnings before interest and taxes) measures the company's operating profitability before taking into account interest and tax expenses. It is calculated by subtracting operating expenses from gross profit. EBITDA (earnings before interest, taxes, depreciation, and amortization) is another financial metric used to assess a company's operating performance. It provides a clearer picture of the company's profitability by excluding non-cash expenses like depreciation and amortization.

In terms of its balance sheet, PRAA's total assets represent the company's resources that are expected to provide future economic benefits. It includes cash equivalents, accounts receivable, property, plant, and equipment, and other assets. On the other hand, PRAA's total liabilities represent the company's obligations and debts. It includes accounts payable, loans, and other liabilities. The difference between total assets and total liabilities is known as stockholders' equity, which represents the shareholders' ownership in the company.

PRAA's cash flow statement provides information on the company's cash inflows and outflows. It is divided into three sections: operating cash flow, investing cash flow, and financing cash flow. Operating cash flow shows the cash generated or used by the company's core operations. Investing cash flow reflects the cash used for investments in property, plant, and equipment, as well as the proceeds from the sale of investments. Financing cash flow includes cash inflows or outflows from borrowing, repaying debt, and issuing or repurchasing stock.

A key financial metric derived from the cash flow statement is free cash flow, which represents the cash available to the company after deducting capital expenditures. It is an important indicator of the company's ability to generate cash. PRAA's net debt is a measure of the company's overall debt after deducting its cash and cash equivalents. It provides insight into the company's financial leverage and ability to manage its debt obligations.