Company: ATLCL
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001437749-25-033947
Chunk: 79

Company: Atlanticus Holdings Corp
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 8
Chunk 79
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761

     3.8
     %
      
     $
     98,377

     4.1
     %

      90 or more days past due 
      
     $
     227,418

     8.6
     %
      
     $
     218,215

     9.0
     %
      
     $
     243,830

     10.5
     %
      
     $
     247,621

     10.3
     %

      Average managed receivables 
      
     $
     2,534,602

     $
     2,366,598

     $
     2,364,680

     $
     2,363,231

      Total managed yield ratio, annualized (1) 

     40.5
     %

     39.0
     %

     38.9
     %

     39.4
     %

      Combined principal net charge-off ratio, annualized (2) 

     22.2
     %

     26.0
     %

     28.4
     %

     26.4
     %

      Interest expense ratio, annualized (3) 

     6.6
     %

     6.3
     %

     5.8
     %

     5.4
     %

      Net interest margin ratio, annualized (4) 

     11.7
     %

     6.7
     %

     4.7
     %

     7.6
     %

     (1)
      The Total managed yield ratio, annualized is calculated using the annualized total managed yield as the numerator and period-end average managed receivables as the denominator. 

      (2) 
      The Combined principal net charge-off ratio, annualized is calculated using the annualized combined principal net charge-offs as the numerator and period-end average managed receivables as the denominator. 

      (3) 
      Interest expense ratio, annualized is calculated using the annualized interest expense associated with the CaaS segment (See Note 4, "Segment Reporting" to our condensed consolidated financial statements) as the numerator and period-end average managed receivables as the denominator. 

      (4) 
      Net interest margin ratio, annualized is calculated using the Total managed yield ratio, annualized less the Combined principal net charge-off ratio, annualized less the