Financial Analysis-Portfolio convalescence Associates
William Baker
Financial Management
Abstract
This paper allow provide a complete financial report on Portfolio Recovery Associates, a US publicly-traded friendship headquartered in the Norfolk, Virginia. A familiarity overview ordain be conducted to describe the companys operations, locations, markets, and lines of business. Financial statements for the past three years will be discussed . The companys common stock price will also be analyzed for the past three years. This query considers the companys culture, a critical factor in the corporations success.
club Overview:
Portfolio Recovery Associates, Inc. (PRA) is a market leader in the consumer debt purchase and accrual industry. The company also provides a broad range of fee-based service through its various subsidiaries. PRA was founded in 1996 and has been publicly traded company since 2002. The companys shares are publicly traded on the NASDAQ Global use up Market under the ticker symbol PRAA. The Company is severalize by its strong customer focus, continuous 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, New 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 considered the largest public debt buyer as measured by market capitalization with more than 28 million customer accounts purchased. PRA is a diversified 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 Professional Services, LLC, Claims Compensation...If you want to get a full essay, order it on our website: Orderessay
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