Credit Income Tax Expense from 2010 to 2024

CACC Stock  USD 473.10  13.08  2.84%   
Credit Acceptance's Income Tax Expense is increasing over the years with slightly volatile fluctuation. Overall, Income Tax Expense is expected to go to about 87.6 M this year. During the period from 2010 to 2024 Credit Acceptance Income Tax Expense annual values regression line had geometric mean of  111,650,865 and mean square error of 4521 T. View All Fundamentals
 
Income Tax Expense  
First Reported
1992-03-31
Previous Quarter
-8.2 M
Current Value
27.7 M
Quarterly Volatility
22.7 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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.

Latest Credit Acceptance's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Credit Acceptance over the last few years. It is Credit Acceptance's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Credit Acceptance's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

Credit Income Tax Expense Regression Statistics

Arithmetic Mean145,190,503
Geometric Mean111,650,865
Coefficient Of Variation46.80
Mean Deviation49,462,197
Median145,100,000
Standard Deviation67,946,070
Sample Variance4616.7T
Range300.1M
R-Value0.30
Mean Square Error4521T
R-Squared0.09
Significance0.28
Slope4,574,789
Total Sum of Squares64633.4T

Credit Income Tax Expense History

202487.6 M
202381.5 M
2022175.9 M
2021302.6 M
2020128.5 M
2019199.8 M
2018181.1 M

About Credit Acceptance Financial Statements

Credit Acceptance stakeholders use historical fundamental indicators, such as Credit Acceptance's Income Tax Expense, 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
Income Tax Expense81.5 M87.6 M

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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
14.95
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.