Credit Historical Income Statement
| CACC Stock | USD 473.10 13.08 2.84% |
Historical analysis of Credit Acceptance income statement accounts such as Interest Expense of 277.7 M, Selling General Administrative of 44 M or Selling And Marketing Expenses of 96.3 M can show how well Credit Acceptance performed in making a profits. Evaluating Credit Acceptance income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Credit Acceptance's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Credit Acceptance latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Credit Acceptance is a good buy for the upcoming year.
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About Credit Income Statement Analysis
Credit Acceptance Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Credit Acceptance shareholders. The income statement also shows Credit investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Credit Acceptance Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Credit Acceptance generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Credit Acceptance. It is also known as Credit Acceptance overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Credit Acceptance's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Credit Acceptance current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Credit Acceptance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade Credit Stock refer to our How to Trade Credit Stock guide.At present, Credit Acceptance's Selling And Marketing Expenses is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 2 B, whereas Depreciation And Amortization is forecasted to decline to about 25.3 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.4B | 709.4M | 1.9B | 2.0B | Total Revenue | 1.8B | 1.2B | 1.9B | 2.0B |
Credit Acceptance income statement Correlations
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Credit Acceptance Account Relationship Matchups
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Credit Acceptance income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 22.4M | 920.4M | 403.6M | 953.1M | 26.6M | 25.3M | |
| Interest Expense | 196.2M | 192M | 164.3M | 25.6M | 264.5M | 277.7M | |
| Selling General Administrative | 65.1M | 69.6M | 100.3M | 88.7M | 87.2M | 44.0M | |
| Selling And Marketing Expenses | 70.2M | 69.5M | 65.3M | 75.6M | 91.7M | 96.3M | |
| Total Revenue | 1.4B | 1.6B | 1.8B | 1.2B | 1.9B | 2.0B | |
| Gross Profit | 1.0B | 1.2B | 1.4B | 709.4M | 1.9B | 2.0B | |
| Operating Income | 837.1M | 540.5M | 1.2B | 686.1M | 367.6M | 303.8M | |
| Ebit | 837.1M | (356.1M) | 857.3M | (241.4M) | 367.6M | 231.1M | |
| Ebitda | 859.5M | 564.3M | 1.3B | 711.7M | 367.6M | 349.2M | |
| Income Before Tax | 855.9M | 549.5M | 1.3B | 711.7M | 367.6M | 304.5M | |
| Total Other Income Expense Net | 18.8M | (45.3M) | (38.8M) | (46.4M) | (12.8M) | (12.2M) | |
| Net Income | 656.1M | 421M | 958.3M | 535.8M | 286.1M | 216.8M | |
| Income Tax Expense | 199.8M | 128.5M | 302.6M | 175.9M | 81.5M | 87.6M | |
| Other Operating Expenses | 562.7M | 1.1B | 542M | 1.0B | 1.5B | 1.6B | |
| Total Operating Expenses | 173.2M | 684.3M | 159.7M | 608.7M | 459.1M | 482.1M | |
| Cost Of Revenue | 419.6M | 416.4M | 421.1M | 475M | 583M | 612.2M | |
| Net Income Applicable To Common Shares | 656.1M | 421M | 958.3M | 535.8M | 616.2M | 647.0M | |
| Net Income From Continuing Ops | 656.1M | 421M | 958.3M | 535.8M | 319.8M | 464.9M | |
| Tax Provision | 199.8M | 128.5M | 302.6M | 175.9M | 94.4M | 139.5M | |
| Interest Income | 196.2M | 2.9M | 1.2M | 6.6M | 18M | 17.1M | |
| Net Interest Income | (196.2M) | 2.9M | 1.2M | 6.6M | 18M | 18.9M | |
| Reconciled Depreciation | 22.4M | 23.8M | 26.3M | 25.6M | 26.2M | 25.2M |
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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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Credit Acceptance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade Credit Stock refer to our How to Trade Credit Stock guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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.