Credit Financial Statements From 2010 to 2024

CACC Stock  USD 551.60  0.47  0.09%   
Credit Acceptance financial statements provide useful quarterly and yearly information to potential Credit Acceptance investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Credit Acceptance financial statements helps investors assess Credit Acceptance's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Credit Acceptance's valuation are summarized below:
Gross Profit
1.1 B
Profit Margin
0.3182
Market Capitalization
6.8 B
Enterprise Value Revenue
6.2958
Revenue
899.2 M
We have found one hundred twenty available fundamental signals for Credit Acceptance, which can be analyzed and compared to other ratios and to its rivals. Investors should ensure to validate all of Credit Acceptance's prevailing performance against the performance from 2010 to 2024 to make sure the company is sustainable down the road.
Check Credit Acceptance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Credit main balance sheet or income statement drivers, such as Depreciation And Amortization of 25.3 M, Interest Expense of 277.7 M or Selling General Administrative of 44 M, as well as many exotic indicators such as Short Term Coverage Ratios of 15.43, Price Earnings Ratio of 24.76 or Price To Sales Ratio of 5.87. Credit financial statements analysis is a perfect complement when working with Credit Acceptance Valuation or Volatility modules.
  
This module can also supplement Credit Acceptance's financial leverage analysis and stock options assessment as well as various Credit Acceptance Technical models . Check out the analysis of Credit Acceptance Correlation against competitors.
For information on how to trade Credit Stock refer to our How to Trade Credit Stock guide.

Credit Acceptance Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total AssetsB7.6 B4.8 B
Slightly volatile
Total Stockholder Equity1.8 B1.8 B1.3 B
Slightly volatile
Property Plant And Equipment Net26.4 M46.5 M32.2 M
Slightly volatile
Retained Earnings1.5 B1.5 B1.2 B
Slightly volatile
Non Current Assets Total181.5 M172.9 M79.8 M
Slightly volatile
Other Assets313.7 M420.2 M205.7 M
Slightly volatile
Cash And Short Term Investments17.7 M13.2 M23.5 M
Pretty Stable
Common Stock Shares Outstanding25.7 M13 M21.3 M
Slightly volatile
Short Term Investments6.6 M6.9 M42.3 M
Pretty Stable
Liabilities And Stockholders EquityB7.6 B4.8 B
Slightly volatile
Other Stockholder Equity292.9 M279 M134.2 M
Slightly volatile
Total Liabilities6.1 B5.9 B3.5 B
Slightly volatile
Property Plant And Equipment Gross120 M114.3 M50.7 M
Slightly volatile
Total Current Assets7.8 B7.4 B4.7 B
Slightly volatile
Short and Long Term Debt Total5.3 B5.1 BB
Slightly volatile
Net Debt5.3 B5.1 BB
Slightly volatile
Non Current Liabilities Total5.7 B5.5 B3.3 B
Slightly volatile
Total Current Liabilities419.8 M399.8 M189.4 M
Slightly volatile
Accounts Payable334.7 M318.8 M170.3 M
Slightly volatile
Cash18 M13.2 M23 M
Pretty Stable
Net Receivables7.3 BB4.4 B
Slightly volatile
Common Stock Total Equity85.5 K90 K192.6 K
Slightly volatile
Short Term Debt70.4 M74.1 M205.7 M
Pretty Stable
Common Stock85.5 K90 K192.6 K
Slightly volatile
Other Liabilities515.2 M490.7 M251.6 M
Slightly volatile
Long Term Debt5.3 B5.1 BB
Slightly volatile
Property Plant Equipment34.6 M59.1 M37.6 M
Slightly volatile
Inventory1.1 B1.1 B452.1 M
Slightly volatile
Net Tangible Assets1.5 B1.9 B1.4 B
Slightly volatile
Retained Earnings Total Equity1.4 B1.6 B1.2 B
Slightly volatile
Long Term Debt Total3.1 B5.2 B2.9 B
Slightly volatile
Capital Surpluse296.7 M282.6 M143.8 M
Slightly volatile
Deferred Long Term Liabilities515.2 M490.7 M240.3 M
Slightly volatile
Long Term Investments4.7 B7.2 B4.4 B
Slightly volatile
Non Current Liabilities Other479.4 M539.4 M587.3 M
Slightly volatile
Short and Long Term Debt2.2 M2.3 M915.1 M
Slightly volatile
Net Invested Capital6.9 B6.8 B5.5 B
Slightly volatile
Net Working Capital6.6 BBB
Slightly volatile
Capital Stock120 K90 K174 K
Slightly volatile

Credit Acceptance Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization25.3 M26.6 M830.1 M
Slightly volatile
Selling General Administrative44 M87.2 M52.1 M
Slightly volatile
Selling And Marketing Expenses96.3 M91.7 M54.4 M
Slightly volatile
Total RevenueB1.9 B1.1 B
Slightly volatile
Gross ProfitB1.9 B851 M
Slightly volatile
Operating Income303.8 M367.6 M520.9 M
Slightly volatile
EBIT306.8 M367.6 M522.5 M
Slightly volatile
EBITDA349.2 M367.6 M1.4 B
Pretty Stable
Income Before Tax304.5 M367.6 M524.3 M
Slightly volatile
Net Income217 M286.1 M379.1 M
Slightly volatile
Income Tax Expense87.6 M81.5 M145.2 M
Slightly volatile
Other Operating Expenses1.6 B1.5 B594 M
Slightly volatile
Cost Of Revenue612.1 M583 M321.3 M
Slightly volatile
Net Income Applicable To Common Shares647 M616.2 M430.8 M
Slightly volatile
Net Income From Continuing Ops464.9 M319.8 M409.8 M
Slightly volatile
Non Recurring108.8 M174.8 M110 M
Slightly volatile
Tax Provision139.5 M94.4 M172.2 M
Very volatile
Interest Income17.1 M18 M71.5 M
Slightly volatile
Reconciled Depreciation25.2 M26.2 M20 M
Slightly volatile

Credit Acceptance Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow1.1 B1.2 B20.6 B
Slightly volatile
Depreciation25.3 M26.6 M830.1 M
Slightly volatile
Capital Expenditures3.8 MM594.2 M
Slightly volatile
Total Cash From Operating Activities1.1 B1.2 B21.2 B
Slightly volatile
Net Income271.8 M286.1 M15 B
Slightly volatile
Begin Period Cash Flow256.2 M417.7 M490.9 M
Pretty Stable
Change To Netincome616.4 M587.1 M216.4 M
Slightly volatile
Stock Based Compensation37.1 M39.1 M828.2 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Short Term Coverage Ratios15.4316.2456513
Slightly volatile
Price Earnings Ratio24.7624.226515.0078
Slightly volatile
Price To Sales Ratio5.873.64445.4904
Pretty Stable
Dividend Yield7.0E-48.0E-40.0393
Slightly volatile
Operating Cycle1.3 K1.9 K1.7 K
Slightly volatile
Price Book Value Ratio3.943.95234.1357
Pretty Stable
Days Of Payables Outstanding247188217
Slightly volatile
Operating Cash Flow Per Share87.992.5236849
Slightly volatile
Price To Operating Cash Flows Ratio10.475.75788.7124
Very volatile
Free Cash Flow Per Share87.6192.2162825
Slightly volatile
Price To Free Cash Flows Ratio5.495.7778.5187
Pretty Stable
Pretax Profit Margin0.380.19330.5458
Slightly volatile
Inventory Turnover1.090.752.0707
Slightly volatile
Ebt Per Ebit0.740.930.9505
Pretty Stable
Payables Turnover1.381.93661.7716
Slightly volatile
Operating Profit Margin0.180.19330.5621
Slightly volatile
Effective Tax Rate0.340.22170.2917
Slightly volatile
Company Equity Multiplier2.664.33953.4721
Pretty Stable
Long Term Debt To Capitalization0.420.74290.6271
Slightly volatile
Cash Per Share1.391.54493.4713
Slightly volatile
Total Debt To Capitalization0.450.74570.6407
Slightly volatile
Return On Capital Employed0.0960.0510.1317
Slightly volatile
Debt Equity Ratio3.082.93192.2805
Slightly volatile
Ebit Per Revenue0.180.19330.5621
Slightly volatile
Quick Ratio11.4617.45822.6132
Slightly volatile
Net Income Per E B T0.550.77830.701
Pretty Stable
Cash Ratio0.03140.0330.1169
Pretty Stable
Cash Conversion Cycle1.1 K1.7 K1.4 K
Slightly volatile
Operating Cash Flow Sales Ratio0.60.632935.7201
Slightly volatile
Days Of Inventory Outstanding525504351
Slightly volatile
Days Of Sales Outstanding7221.3 K1.3 K
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.760.99670.9688
Slightly volatile
Cash Flow Coverage Ratios0.220.234116.3143
Slightly volatile
Price To Book Ratio3.943.95234.1357
Pretty Stable
Current Ratio12.1218.602623.8804
Slightly volatile
Fixed Asset Turnover42.9540.901133.3978
Pretty Stable
Price Cash Flow Ratio10.475.75788.7124
Very volatile
Enterprise Value Multiple19.0632.604814.2521
Slightly volatile
Debt Ratio0.370.67560.6013
Slightly volatile
Cash Flow To Debt Ratio0.220.234116.3143
Slightly volatile
Price Sales Ratio5.873.64445.4904
Pretty Stable
Return On Assets0.05580.03760.0854
Slightly volatile
Receivables Turnover0.260.27330.7698
Slightly volatile
Asset Turnover0.180.24990.2222
Pretty Stable
Net Profit Margin0.260.15040.3852
Slightly volatile
Gross Profit Margin0.550.67540.6945
Slightly volatile
Price Fair Value3.943.95234.1357
Pretty Stable
Return On Equity0.180.16310.2988
Pretty Stable

Credit Fundamental Market Drivers

Forward Price Earnings14.1643
Cash And Short Term Investments13.2 M

Credit Upcoming Events

31st of January 2024
Upcoming Quarterly Report
View
6th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
31st of January 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Credit Acceptance Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Credit Acceptance income statement, its balance sheet, and the statement of cash flows. Credit Acceptance investors use historical funamental indicators, such as Credit Acceptance's revenue or net income, to determine how well the company is positioned to perform in the future. Although Credit Acceptance investors may use each financial statement separately, they are all related. The changes in Credit Acceptance's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Credit Acceptance's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Credit Acceptance Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Credit Acceptance. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Current Deferred Revenue67.6 M93.3 M
Total Revenue1.9 BB
Cost Of Revenue583 M612.1 M
Ebit Per Revenue 0.19  0.18 

Credit Acceptance Investors Sentiment

The influence of Credit Acceptance's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Credit. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Credit Acceptance's public news can be used to forecast risks associated with an investment in Credit. The trend in average sentiment can be used to explain how an investor holding Credit can time the market purely based on public headlines and social activities around Credit Acceptance. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Credit Acceptance's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Credit Acceptance's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Credit Acceptance's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Credit Acceptance.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Credit Acceptance in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Credit Acceptance's short interest history, or implied volatility extrapolated from Credit Acceptance options trading.

Pair Trading with Credit Acceptance

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Credit Acceptance position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Credit Acceptance will appreciate offsetting losses from the drop in the long position's value.

Moving together with Credit Stock

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Moving against Credit Stock

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The ability to find closely correlated positions to Credit Acceptance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Credit Acceptance when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Credit Acceptance - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Credit Acceptance to buy it.
The correlation of Credit Acceptance is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Credit Acceptance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Credit Acceptance moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Credit Acceptance can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Credit Acceptance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Credit Acceptance's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Credit Acceptance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Credit Acceptance Stock:
Check out the analysis of Credit Acceptance Correlation against competitors.
For information on how to trade Credit Stock refer to our How to Trade Credit Stock guide.
Note that the Credit Acceptance information on this page should be used as a complementary analysis to other Credit Acceptance's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

Complementary Tools for Credit Stock analysis

When running Credit Acceptance's price analysis, check to measure Credit Acceptance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Credit Acceptance is operating at the current time. Most of Credit Acceptance's value examination focuses on studying past and present price action to predict the probability of Credit Acceptance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Credit Acceptance's price. Additionally, you may evaluate how the addition of Credit Acceptance to your portfolios can decrease your overall portfolio volatility.
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Is Credit Acceptance's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Credit Acceptance. If investors know Credit will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Credit Acceptance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.24)
Earnings Share
21.99
Revenue Per Share
69.418
Quarterly Revenue Growth
(0.11)
Return On Assets
0.0394
The market value of Credit Acceptance is measured differently than its book value, which is the value of Credit that is recorded on the company's balance sheet. Investors also form their own opinion of Credit Acceptance's value that differs from its market value or its book value, called intrinsic value, which is Credit Acceptance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Credit Acceptance's market value can be influenced by many factors that don't directly affect Credit Acceptance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Credit Acceptance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Credit Acceptance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Credit Acceptance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.