Financial Analysis

Muleka KikwebatiJune 10, 2012| Financial Analysis-Portfolio convalescence Associates William Baker Financial Management thieve This paper allow provide a complete fiscal report on Portfolio Recovery Associates, a US worldly-traded familiarity headquartered in the Norfolk, Virginia. A familiarity overview ordain be conducted to describe the conjunctions operations, locations, markets, and lines of business. Financial statements for the past ternary course of studys pull up stakes be discussed . The play alongs common stock outlay will also be analyzed for the past three years. This query considers the companys culture, a critical factor in the corporations success. floor show Overview: Portfolio Recovery Associates, Inc. (PRA) is a market leader in the consumer debt purchase and accrual industry. The company also provides a broad aim of fee-based service through its various subsidiaries. PRA was founded in 1996 and has been publicly traded compan y since 2002. The companys shares are publicly traded on the NASDAQ globose use up Market under the ticker sign PRAA. The Company is some(prenominal)ize by its strong customer focus, dogging innovation, and culture of fairness and compliance.

The companys headquarter is located in Norfolk, Virginia but subscribe operating in 10 states including Virginia, Alabama, California, Illinois, Kansas, Nevada, natural Jersey, Pennsylvania, Tennessee and Texas. PRA recently acquired UK Company named Mackenzie Hall Holding Ltd located in Kilmarnock, Scotland. PRA purchase this company in the first quarter of 2012. PRA is consider ed the largest public debt buyer as measured! by market capitalization with more than 28 million customer accounts purchased. PRA is a modify company and has grow and diversified throughout its 16 year history. They have carry through this by acquiring several compatible companies. PRAs subsidiaries intromit PRA Location Service, LLC, PRA Government Services, LLC, PRA paid Services, LLC, Claims Compensation...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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