On this page of Benford's Law Stocks.com we present our study of NICHOLAS FINANCIAL INC — ticker symbol NICK. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 8/14/2019 to 7/1/2024 for NICHOLAS FINANCIAL INC under CIK number 0001000045. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for NICK, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for NICHOLAS FINANCIAL INC based on the past NICK filings our system processed in the past.
31.8
15.1
12.5
9.3
8.3
5.8
8.2
3.8
5.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing, NICK stockholder letter ]
Total numbers found: 601
Recent share count: 12,700,000 (1's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
601
Normal count compared to other filers, falling within the middle 50%. At this number count, it would take about 6 numbers to move any given column by a full percentage point.
77

Starting from a possible score of 100, we made the following score deductions:
 • The 7's percentage was higher than the 6's percentage, increasing the penalty multiplier.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 7's percentage was above the typical coverage universe range.
 • The 9's percentage was higher than the 8's percentage, increasing the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted point (includes the impact of penalty multiplier) upon observing the 9's percentage was above the typical coverage universe range.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 9's percentage was above the company's typical historical range.
Benford's Law Stocks Indicator
NICK
Normal score compared to other filers, falling within the middle 50%.
MEDS
MU
NSYS
OBLG
MGTX
NARI
NMFC
NVAX
Check our work! We provide our NICHOLAS FINANCIAL INC Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the NICK filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 191 numbers that start with the digit 1. Here they are:
12.7
18,982
106,919
1,491
110,348
1,603
12,657
100,369
121,380
110,348
15,520
145
145
1,417
155,499
116,386
11
175
175
106
106
121,380
100,369
164
1,632
1,090
1,953
130
1,385
175
1,663
106
1,108
12
1,827
140
13
17,800
18,528
18,982
1
1.2
12.5
1,792.55
10,000
100.0
100.0
100.0
100.0
13
19
1
128,170
1,932
1,419
124,315
17,396
106,919
17,335
1
15
11
15
17.3
16,265
1,131
17,396
12,713
14,823
11,289
12,253
1,961
16,265
1,131
17,396
113
113
10,061
1,122
1,496
1,209
1,225
113
113
1,320
1,201
1,224
17,127
1,896
1,321
176
1,145
17
1
12
11
101,856
16,926
118,782
1,728
108,828
18,654
127,482
109,418
18,752
128,170
108,828
10,083
17,055
15.67
18,654
1,448
1,074
17.03
113
183
140
1.9
175
175
17,988
17,988
17,988
105,971
105,971
106,919
1,491
1,491
1,491
16.4
17.6
17.3
16.4
17.6
17.3
10
1,385
1,417
15
14,047
15
11
1,207
1,417
100.4
1
1
1,425
1,722
1,663
111
1,763
1
1.8
1.1
11.85
11.54
10
12.68
12.68
12.68
12.68
10.26
11
12.01
12
11
1
11.10
112
1,047
1,047
1,239
1,026
17
1,221
1.0
1.7
1.7
18,982
123
1,316
100,369
1,304
1,304
1,316
1.3
11.6
1,674
1,792.55
1,792.55
We found 91 numbers that start with the digit 2. Here they are:
222
28,936
22,237
2,570
24,164
20,801
20,801
2.86
2.86
27
241
2,389
2,389
210
210
20,801
20,801
20,801
24,164
2,570
2,182
29,894
29,100
2,389
29,100
27
20,801
20,801
2.86
2.86
2
2
22.1
22.2
210
2,110
21,337
24,832
2,949
28,391
231
2,776
2,229
240
24,832
20,176
2,722
2,201
251
21,337
2,111
215
26
28
25
232
2
2
238
2
2
225
222
25
2.25
29.1
29,100
29,100
29,100
22
20
26
26
2
2
2
297
27
28
2
28
298
213
213
241
2,389
2.6
25.9
2,620
2,620
2,620
We found 75 numbers that start with the digit 3. Here they are:
34.8
38,773
316
30,539
35,267
35,223
32,449
3,931
32,702
34,119
35,292
34,119
34,119
35,223
35,267
34,119
390
3,182
3,512
3,290
300
3,244
32,033
3,351
300
34,119
34,119
38,773
30.4
3,495
37,125
3,533
3,621
32,012
3,495
3,049
3,274
3,698
3.01
3.40
3,176
3.51
390
305
313
36
323
3
3
300
300
300
38,773
38,773
38,773
38,773
32
30
37
31
3
37
37
377
35
3,315
3,315
34
34
38,773
38,650
3,616
35,267
35,267
3
4's 5's 6's
We found 56 numbers that start with the digit 4. Here they are:
454
438
44,270
40,658
43,183
4.65
4.65
44
44
40,658
46
44
44
43
45,801
43,700
4,321
454
4,775
454
421
4.65
4.65
4,286
4,210
446
4,656
40,658
4,656
489
4,210
446
447
40
454
454
454
4,538
4,162
4,812
43
43
43
43
4,355
4,590
47
46
44
44
40.6
40,634
438
438
450
421
We found 50 numbers that start with the digit 5. Here they are:
59,838
5,000
50,000
5,368
58,842
59,838
58,842
523
59
5,902
54
509
5,515
51,629
59
500
53
56,108
562
5,570
5,801
547
506
521
54
590
5.76
50
50
50
535
5
57
59
5
5
5
5
598
598
5,368
5,127
5,368
5,368
59,616
59,838
58,842
57,538
59,838
51
We found 35 numbers that start with the digit 6. Here they are:
668
66
66
66
62
63,348
6.3
6.5
6,807
6,972
688
654
6
6
6
60
60
668
668
668
668
677
6,838
68
65
6.50
6.50
69
6,233
6,020
65.6
668
668
61,154
61,154
7's 8's 9's
We found 49 numbers that start with the digit 7. Here they are:
75
7,289
76,794
76,794
79,809
77,038
7,546
74,405
7,289
76,794
79,809
7,289
76,794
7,237
7,303
7,283
7,330
7,283
7,330
7,283
7,330
7,283
7,330
772
7,952
703
7,950
7,043
712
7.76
73
75
77
70
708
770
750,000
74
7,984.18
766
76,794
74,405
76,794
76,794
75
75
76,794
76,794
754
We found 23 numbers that start with the digit 8. Here they are:
84
89
860
8
82
8,939
8,127
8
8,700
81
85
8.0
80
85
80
85
87
8.84
8
8.97
8.97
88
8.0
We found 31 numbers that start with the digit 9. Here they are:
902
946
996
996
929
93,095
997
900
964
988
9,448
985
907
973
9
98
9.27
9
994
994
994
9,816
9,457
9,457
9.75
902
902
996
996
996
99,065
While the above NICK 10K Filed 7/1/2024 is interesting in isolation, we have found that it is also useful to take a look at older NICHOLAS FINANCIAL INC filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10K Filed 7/1/2024 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical NICK 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

31.8
15.1
12.5
9.3
8.3
5.8
8.2
3.8
5.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 77
XBRL?   [ original filing ]
Total numbers found: 601

= Typical NICK range from 8/14/2019 to 7/1/2024
33.8
17.8
8.7
7.4
6.5
6.7
9.3
4.4
5.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 59
XBRL?   [ original filing ]
Total numbers found: 551

= Typical NICK range from 8/14/2019 to 7/1/2024
33.6
13.2
11.0
8.1
8.6
6.2
12.3
4.0
3.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 56
XBRL?   [ original filing ]
Total numbers found: 593

= Typical NICK range from 8/14/2019 to 7/1/2024
28.2
12.0
13.4
9.1
6.1
8.4
12.6
6.0
4.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 34
XBRL?   [ original filing ]
Total numbers found: 618

= Typical NICK range from 8/14/2019 to 7/1/2024
35.3
15.5
12.1
8.2
6.0
4.6
7.9
6.5
4.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 84
XBRL?   [ original filing ]
Total numbers found: 672

= Typical NICK range from 8/14/2019 to 7/1/2024
34.0
19.2
11.9
8.2
7.3
5.1
7.2
4.3
2.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 95
XBRL?   [ original filing ]
Total numbers found: 902

= Typical NICK range from 8/14/2019 to 7/1/2024
33.8
21.2
10.9
7.0
5.0
5.3
6.8
5.8
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 86
XBRL?   [ original filing ]
Total numbers found: 1,111

= Typical NICK range from 8/14/2019 to 7/1/2024
36.8
16.1
11.2
5.1
6.6
5.4
10.4
3.8
4.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 58
XBRL?   [ original filing ]
Total numbers found: 653

= Typical NICK range from 8/14/2019 to 7/1/2024
33.6
16.4
11.8
10.2
6.8
5.9
8.0
3.9
3.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 91
XBRL?   [ original filing ]
Total numbers found: 560

= Typical NICK range from 8/14/2019 to 7/1/2024
30.8
15.2
10.9
9.0
7.9
7.7
11.8
2.4
4.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 62
XBRL?   [ original filing ]
Total numbers found: 467

= Typical NICK range from 8/14/2019 to 7/1/2024
32.1
13.0
13.1
7.8
6.2
5.7
12.7
6.3
3.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 55
XBRL?   [ original filing ]
Total numbers found: 632

= Typical NICK range from 8/14/2019 to 7/1/2024
30.1
19.9
12.8
10.2
5.1
4.3
9.1
4.8
3.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 84
XBRL?   [ original filing ]
Total numbers found: 1,457

= Typical NICK range from 8/14/2019 to 7/1/2024
31.7
20.6
13.2
7.5
4.9
5.5
7.6
4.7
4.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 82
XBRL?   [ original filing ]
Total numbers found: 1,969

= Typical NICK range from 8/14/2019 to 7/1/2024
34.2
23.7
10.3
5.4
7.2
5.7
5.9
4.6
3.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 83
XBRL?   [ original filing ]
Total numbers found: 803

= Typical NICK range from 8/14/2019 to 7/1/2024
34.0
14.6
10.5
8.4
6.6
5.8
11.5
5.2
3.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 77
XBRL?   [ original filing ]
Total numbers found: 773

= Typical NICK range from 8/14/2019 to 7/1/2024
32.1
16.6
11.1
6.9
6.8
7.1
11.3
3.7
4.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 56
XBRL?   [ original filing ]
Total numbers found: 620

= Typical NICK range from 8/14/2019 to 7/1/2024
35.1
15.8
10.1
8.5
6.3
5.9
7.6
6.5
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 87
XBRL?   [ original filing ]
Total numbers found: 632

= Typical NICK range from 8/14/2019 to 7/1/2024
32.7
14.7
13.1
8.0
5.3
5.6
12.9
5.6
2.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 53
XBRL?   [ original filing ]
Total numbers found: 450

= Typical NICK range from 8/14/2019 to 7/1/2024
30.8
21.9
12.1
8.4
4.8
4.6
8.1
5.8
3.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 86
XBRL?   [ original filing ]
Total numbers found: 1,389

= Typical NICK range from 8/14/2019 to 7/1/2024
36.3
19.9
9.9
7.2
6.3
4.4
7.9
4.6
3.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 90
XBRL?   [ original filing ]
Total numbers found: 1,200

= Typical NICK range from 8/14/2019 to 7/1/2024
 

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