Credit Financial Statements From 2010 to 2024

CACC Stock  USD 460.02  12.45  2.78%   
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
0.2241
Market Capitalization
5.4 B
Enterprise Value Revenue
5.5821
Revenue
846.1 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. The current year's Market Cap is expected to grow to about 6.5 B. The current year's Enterprise Value is expected to grow to about 11.3 B

Credit Acceptance Total Revenue

2 Billion

Check Credit Acceptance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Credit Acceptance's 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 indicators such as Price To Sales Ratio of 5.86, Dividend Yield of 0.0 or PTB Ratio of 3.93. Credit financial statements analysis is a perfect complement when working with Credit Acceptance Valuation or Volatility modules.
  
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 TotalB7.6 B1.1 B
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
Total Liabilities6.1 B5.9 B3.5 B
Slightly volatile
Property Plant And Equipment Gross120 M114.3 M50.7 M
Slightly volatile
Total Current Assets12.5 M13.2 M3.7 B
Slightly volatile
Short and Long Term Debt Total5.3 B5.1 B3.2 B
Slightly volatile
Net Debt5.3 B5.1 BB
Slightly volatile
Non Current Liabilities Total5.7 B5.5 B3.3 B
Slightly volatile
Total Current Liabilities497.6 M473.9 M199.5 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 B512.4 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 Other684 K720 K80.6 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 M976.9 M
Pretty Stable
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
EBITDA349.2 M367.6 M1.4 B
Pretty Stable
Income Before Tax304.5 M367.6 M524.3 M
Slightly volatile
Net Income216.8 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
Price To Sales Ratio5.863.62835.4822
Pretty Stable
PTB Ratio3.933.93494.1295
Pretty Stable
Days Sales Outstanding1.8 K1.7 K1.4 K
Slightly volatile
Book Value Per Share14213577.273
Slightly volatile
Free Cash Flow Yield0.170.17397.8477
Slightly volatile
Operating Cash Flow Per Share88.2992.933849
Slightly volatile
Stock Based Compensation To Revenue0.01950.02061.4016
Slightly volatile
Capex To Depreciation0.140.15040.5531
Slightly volatile
PB Ratio3.933.93494.1295
Pretty Stable
EV To Sales7.956.28587.975
Very volatile
Free Cash Flow Per Share87.9992.6242825
Slightly volatile
ROIC0.04770.05020.1232
Slightly volatile
Inventory Turnover0.450.480.6367
Very volatile
Net Income Per Share23.1922.086821.7062
Slightly volatile
Days Of Inventory On Hand560795729
Very volatile
Payables Turnover1.31.93661.7596
Slightly volatile
Sales General And Administrative To Revenue0.04360.04580.066
Slightly volatile
Capex To Revenue0.0020.00211.0102
Slightly volatile
Cash Per Share1.391.55173.4799
Slightly volatile
POCF Ratio10.475.73248.7008
Very volatile
Interest Coverage4.026.765.5106
Very volatile
Capex To Operating Cash Flow0.00320.00330.0155
Slightly volatile
PFCF Ratio5.465.75158.5049
Pretty Stable
Days Payables Outstanding271188223
Slightly volatile
Income Quality3.154.20761.7836
Slightly volatile
ROE0.180.16310.2988
Pretty Stable
EV To Operating Cash Flow14.39.93112.6836
Very volatile
PE Ratio25.0424.119815.0037
Slightly volatile
Return On Tangible Assets0.05540.03760.0847
Slightly volatile
EV To Free Cash Flow15.629.964112.9685
Pretty Stable
Earnings Yield0.05430.04150.0727
Pretty Stable
Net Debt To EBITDA7.227.65224.5513
Slightly volatile
Current Ratio0.02650.027921.8358
Pretty Stable
Tangible Book Value Per Share14213579.7149
Slightly volatile
Receivables Turnover0.210.220.7629
Slightly volatile
Graham Number272259191
Slightly volatile
Shareholders Equity Per Share14213577.113
Slightly volatile
Debt To Equity3.032.88962.0843
Slightly volatile
Capex Per Share0.290.308823.492
Slightly volatile
Revenue Per Share15414764.3803
Slightly volatile
Interest Debt Per Share411391189
Slightly volatile
Debt To Assets0.340.66590.5451
Slightly volatile
Enterprise Value Over EBITDA19.2918.099913.2992
Slightly volatile
Short Term Coverage Ratios13.8914.62174
Pretty Stable
Price Earnings Ratio25.0424.119815.0037
Slightly volatile
Operating Cycle1.2 K1.7 K1.7 K
Slightly volatile
Price Book Value Ratio3.933.93494.1295
Pretty Stable
Days Of Payables Outstanding271188223
Slightly volatile
Price To Operating Cash Flows Ratio10.475.73248.7008
Very volatile
Price To Free Cash Flows Ratio5.465.75158.5049
Pretty Stable
Pretax Profit Margin0.380.19330.5458
Slightly volatile
Ebt Per Ebit0.740.83530.9442
Pretty Stable
Operating Profit Margin0.220.23140.5673
Slightly volatile
Effective Tax Rate0.340.22170.2917
Slightly volatile
Company Equity Multiplier2.664.33953.4721
Pretty Stable
Long Term Debt To Capitalization0.420.74010.6156
Slightly volatile
Total Debt To Capitalization0.420.74290.5963
Slightly volatile
Return On Capital Employed0.0960.06170.1324
Slightly volatile
Debt Equity Ratio3.032.88962.0843
Slightly volatile
Ebit Per Revenue0.220.23140.5673
Slightly volatile
Quick Ratio0.02650.027920.3371
Very volatile
Dividend Paid And Capex Coverage Ratio316301124
Slightly volatile
Net Income Per E B T0.550.77830.701
Pretty Stable
Cash Ratio0.02650.02790.1162
Pretty Stable
Operating Cash Flow Sales Ratio0.60.632935.7201
Slightly volatile
Days Of Inventory Outstanding560795729
Very volatile
Days Of Sales Outstanding1.8 K1.7 K1.4 K
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.760.99670.9688
Slightly volatile
Cash Flow Coverage Ratios0.230.237617.2113
Slightly volatile
Price To Book Ratio3.933.93494.1295
Pretty Stable
Fixed Asset Turnover42.9540.901133.3978
Pretty Stable
Capital Expenditure Coverage Ratio316301124
Slightly volatile
Price Cash Flow Ratio10.475.73248.7008
Very volatile
Enterprise Value Multiple19.2918.099913.2992
Slightly volatile
Debt Ratio0.340.66590.5451
Slightly volatile
Cash Flow To Debt Ratio0.230.237617.2113
Slightly volatile
Price Sales Ratio5.863.62835.4822
Pretty Stable
Return On Assets0.05570.03760.0854
Slightly volatile
Asset Turnover0.180.24990.2222
Pretty Stable
Net Profit Margin0.260.15040.3851
Slightly volatile
Gross Profit Margin0.560.67540.6978
Slightly volatile
Price Fair Value3.933.93494.1295
Pretty Stable
Return On Equity0.180.16310.2988
Pretty Stable

Credit Acceptance Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap6.5 B6.2 B5.3 B
Slightly volatile
Enterprise Value11.3 B10.8 B8.3 B
Slightly volatile

Credit Fundamental Market Drivers

Forward Price Earnings11.9617
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

Credit Acceptance stakeholders use historical fundamental 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 analyze each financial statement separately, they are all interrelated. For example, changes in Credit Acceptance's assets and liabilities are reflected in the revenues and expenses on Credit Acceptance's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Credit Acceptance. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue67.6 M93.3 M
Total Revenue1.9 BB
Cost Of Revenue583 M612.1 M
Stock Based Compensation To Revenue 0.02  0.02 
Sales General And Administrative To Revenue 0.05  0.04 
Revenue Per Share 146.83  154.17 
Ebit Per Revenue 0.23  0.22 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Consumer Finance space 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
0.169
Earnings Share
15.04
Revenue Per Share
67.945
Quarterly Revenue Growth
0.138
Return On Assets
0.0236
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.