Credit Long Term Debt vs Total Assets Analysis

CACC Stock

USD 473.10 13.08 2.84%

Credit Acceptance financial indicator trend analysis is way more than just evaluating Credit Acceptance prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Credit Acceptance is a good investment. Please check the relationship between Credit Acceptance Long Term Debt and its Total Assets accounts. 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.

Long Term Debt vs Total Assets

Long Term Debt vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Credit Acceptance Long Term Debt account and Total Assets. At this time, the significance of the direction appears to have totally related.

The correlation between Credit Acceptance's Long Term Debt and Total Assets is 0.99. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Assets in the same time period over historical financial statements of Credit Acceptance, assuming nothing else is changed. The correlation between historical values of Credit Acceptance's Long Term Debt and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Credit Acceptance are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Long Term Debt i.e., Credit Acceptance's Long Term Debt and Total Assets go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

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Long Term Debt

Long-term debt is a debt that Credit Acceptance has held for over one year. Long-term debt appears on Credit Acceptance balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Credit Acceptance balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Total Assets

Total assets refers to the total amount of Credit Acceptance assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Credit Acceptance books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Most indicators from Credit Acceptance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 Enterprise Value Over EBITDA is projected to increase based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 19.29, whereas Selling General Administrative is forecasted to decline to about 44 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

Gross Profit Total Revenue

Credit Acceptance fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Short Term Investments	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Long Term Debt Total	Net Debt	Non Current Liabilities Total	Other Current Liab	Total Current Liabilities	Accounts Payable	Cash	Net Receivables	Common Stock Total Equity	Short Term Debt	Common Stock	Other Liab
Total Assets		0.96	0.84	0.93	0.47	0.43	0.69	0.36	-0.76	0.28	-0.47	0.99	0.83	0.48	0.97	1.0	0.99	-0.35	0.75	0.88	0.39	1.0	-0.76	0.18	-0.76	0.83
Total Stockholder Equity	0.96		0.86	1.0	0.28	0.24	0.58	0.49	-0.73	0.4	-0.24	0.92	0.66	0.64	0.89	0.93	0.91	-0.2	0.57	0.74	0.51	0.96	-0.63	0.09	-0.63	0.71
Property Plant And Equipment Net	0.84	0.86		0.86	0.1	0.05	0.68	0.48	-0.78	0.51	-0.2	0.81	0.7	0.7	0.8	0.81	0.79	-0.29	0.38	0.6	0.5	0.83	-0.61	0.18	-0.61	0.6
Retained Earnings	0.93	1.0	0.86		0.21	0.17	0.55	0.52	-0.71	0.43	-0.16	0.89	0.6	0.67	0.85	0.89	0.87	-0.15	0.51	0.68	0.54	0.93	-0.59	0.06	-0.59	0.66
Non Current Assets Total	0.47	0.28	0.1	0.21		1.0	0.33	-0.07	-0.14	-0.59	-0.79	0.54	0.64	-0.54	0.45	0.52	0.57	-0.14	0.92	0.77	-0.06	0.47	-0.48	-0.13	-0.48	0.57
Non Currrent Assets Other	0.43	0.24	0.05	0.17	1.0		0.3	-0.08	-0.1	-0.62	-0.78	0.5	0.6	-0.58	0.41	0.48	0.53	-0.12	0.9	0.74	-0.08	0.43	-0.44	-0.15	-0.44	0.54
Other Assets	0.69	0.58	0.68	0.55	0.33	0.3		-0.1	-0.55	0.19	-0.45	0.71	0.75	0.32	0.71	0.71	0.71	-0.48	0.49	0.59	-0.09	0.69	-0.48	0.25	-0.48	0.8
Cash And Short Term Investments	0.36	0.49	0.48	0.52	-0.07	-0.08	-0.1		-0.16	0.22	0.15	0.31	0.13	0.41	0.28	0.3	0.3	0.16	0.07	0.18	1.0	0.36	-0.03	-0.14	-0.03	0.19
Common Stock Shares Outstanding	-0.76	-0.73	-0.78	-0.71	-0.14	-0.1	-0.55	-0.16		-0.52	0.3	-0.75	-0.6	-0.59	-0.78	-0.76	-0.74	0.44	-0.44	-0.63	-0.19	-0.76	0.79	-0.38	0.79	-0.51
Short Term Investments	0.28	0.4	0.51	0.43	-0.59	-0.62	0.19	0.22	-0.52		0.34	0.23	0.03	0.85	0.3	0.24	0.19	-0.22	-0.3	-0.04	0.23	0.28	-0.26	0.35	-0.26	0.01
Other Stockholder Equity	-0.47	-0.24	-0.2	-0.16	-0.79	-0.78	-0.45	0.15	0.3	0.34		-0.54	-0.73	0.34	-0.58	-0.53	-0.56	0.65	-0.84	-0.8	0.15	-0.46	0.53	-0.43	0.53	-0.59
Total Liab	0.99	0.92	0.81	0.89	0.54	0.5	0.71	0.31	-0.75	0.23	-0.54		0.88	0.41	0.98	1.0	1.0	-0.4	0.79	0.92	0.33	0.99	-0.79	0.21	-0.79	0.85
Property Plant And Equipment Gross	0.83	0.66	0.7	0.6	0.64	0.6	0.75	0.13	-0.6	0.03	-0.73	0.88		0.16	0.87	0.87	0.88	-0.52	0.81	0.88	0.14	0.83	-0.77	0.27	-0.77	0.83
Total Current Assets	0.48	0.64	0.7	0.67	-0.54	-0.58	0.32	0.41	-0.59	0.85	0.34	0.41	0.16		0.48	0.43	0.38	-0.2	-0.2	0.08	0.43	0.49	-0.25	0.31	-0.25	0.22
Short Long Term Debt Total	0.97	0.89	0.8	0.85	0.45	0.41	0.71	0.28	-0.78	0.3	-0.58	0.98	0.87	0.48		0.98	0.97	-0.57	0.75	0.9	0.3	0.97	-0.78	0.41	-0.78	0.85
Net Debt	1.0	0.93	0.81	0.89	0.52	0.48	0.71	0.3	-0.76	0.24	-0.53	1.0	0.87	0.43	0.98		1.0	-0.4	0.78	0.91	0.32	1.0	-0.78	0.21	-0.78	0.85
Non Current Liabilities Total	0.99	0.91	0.79	0.87	0.57	0.53	0.71	0.3	-0.74	0.19	-0.56	1.0	0.88	0.38	0.97	1.0		-0.39	0.81	0.93	0.32	0.99	-0.79	0.2	-0.79	0.86
Other Current Liab	-0.35	-0.2	-0.29	-0.15	-0.14	-0.12	-0.48	0.16	0.44	-0.22	0.65	-0.4	-0.52	-0.2	-0.57	-0.4	-0.39		-0.36	-0.48	0.15	-0.35	0.42	-0.94	0.42	-0.46
Total Current Liabilities	0.75	0.57	0.38	0.51	0.92	0.9	0.49	0.07	-0.44	-0.3	-0.84	0.79	0.81	-0.2	0.75	0.78	0.81	-0.36		0.95	0.08	0.74	-0.7	0.11	-0.7	0.74
Accounts Payable	0.88	0.74	0.6	0.68	0.77	0.74	0.59	0.18	-0.63	-0.04	-0.8	0.92	0.88	0.08	0.9	0.91	0.93	-0.48	0.95		0.2	0.88	-0.8	0.25	-0.8	0.79
Cash	0.39	0.51	0.5	0.54	-0.06	-0.08	-0.09	1.0	-0.19	0.23	0.15	0.33	0.14	0.43	0.3	0.32	0.32	0.15	0.08	0.2		0.38	-0.06	-0.14	-0.06	0.19
Net Receivables	1.0	0.96	0.83	0.93	0.47	0.43	0.69	0.36	-0.76	0.28	-0.46	0.99	0.83	0.49	0.97	1.0	0.99	-0.35	0.74	0.88	0.38		-0.76	0.18	-0.76	0.82
Common Stock Total Equity	-0.76	-0.63	-0.61	-0.59	-0.48	-0.44	-0.48	-0.03	0.79	-0.26	0.53	-0.79	-0.77	-0.25	-0.78	-0.78	-0.79	0.42	-0.7	-0.8	-0.06	-0.76		-0.27	1.0	-0.5
Short Term Debt	0.18	0.09	0.18	0.06	-0.13	-0.15	0.25	-0.14	-0.38	0.35	-0.43	0.21	0.27	0.31	0.41	0.21	0.2	-0.94	0.11	0.25	-0.14	0.18	-0.27		-0.27	0.25
Common Stock	-0.76	-0.63	-0.61	-0.59	-0.48	-0.44	-0.48	-0.03	0.79	-0.26	0.53	-0.79	-0.77	-0.25	-0.78	-0.78	-0.79	0.42	-0.7	-0.8	-0.06	-0.76	1.0	-0.27		-0.5
Other Liab	0.83	0.71	0.6	0.66	0.57	0.54	0.8	0.19	-0.51	0.01	-0.59	0.85	0.83	0.22	0.85	0.85	0.86	-0.46	0.74	0.79	0.19	0.82	-0.5	0.25	-0.5

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Credit Acceptance Account Relationship Matchups

Credit Acceptance fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.4B	7.5B	7.1B	6.9B	7.6B	8.0B
Total Stockholder Equity	2.4B	2.3B	1.8B	1.6B	1.8B	1.8B
Property Plant And Equipment Net	59.7M	59.4M	57.3M	51.4M	46.5M	26.4M
Retained Earnings	2.2B	2.1B	1.6B	1.4B	1.5B	1.5B
Non Current Assets Total	94.8M	91.8M	109.1M	108.3M	7.6B	8.0B
Non Currrent Assets Other	(287.4M)	(358.6M)	(383.4M)	(369.8M)	7.5B	7.8B
Other Assets	91.7M	627M	462.7M	466.9M	420.2M	313.7M
Cash And Short Term Investments	187.4M	16M	23.3M	7.7M	13.2M	17.7M
Common Stock Shares Outstanding	19.0M	17.9M	16.1M	13.6M	13.0M	25.7M
Short Term Investments	59.3M	66.1M	62.1M	72.3M	6.9M	6.6M
Liabilities And Stockholders Equity	7.4B	7.5B	7.1B	6.9B	7.6B	8.0B
Other Stockholder Equity	157.7M	161.9M	197.2M	(1.1B)	(1.2B)	(1.1B)
Total Liab	5.1B	5.2B	5.2B	5.3B	5.9B	6.1B
Property Plant And Equipment Gross	59.7M	59.4M	112.6M	111.9M	114.3M	120.0M
Total Current Assets	7.3B	7.4B	6.9B	6.8B	13.2M	12.5M
Short Long Term Debt Total	4.6B	4.6B	4.6B	6.1B	5.1B	5.3B
Net Debt	4.4B	4.6B	4.6B	4.6B	5.1B	5.3B
Non Current Liabilities Total	4.9B	5.0B	5.1B	5.0B	5.9B	6.1B
Other Current Liab	(11.1M)	(282.6M)	(177.6M)	(1.9B)	(473.9M)	(450.2M)
Total Current Liabilities	206.6M	186.9M	175.2M	263.3M	473.9M	497.6M
Accounts Payable	206.4M	186.7M	175M	260.8M	318.8M	334.7M
Cash	187.4M	16M	23.3M	7.7M	13.2M	18.0M
Net Receivables	6.8B	6.9B	6.4B	6.3B	7.0B	7.3B
Accumulated Other Comprehensive Income	800K	1.6M	200K	(2.9M)	(1M)	(950K)
Short Term Debt	11.3M	95.9M	2.6M	1.5B	74.1M	70.4M
Other Liab	322.5M	391M	435.2M	426.7M	490.7M	515.2M
Long Term Debt	4.5B	4.5B	4.6B	4.6B	5.1B	5.3B
Other Current Assets	(583.9M)	381.3M	413.9M	482.3M	(482.1M)	(458.0M)
Property Plant Equipment	59.7M	59.4M	57.3M	51.4M	59.1M	34.6M
Inventory	973.5M	990.6M	1.0B	946.6M	1.1B	1.1B
Net Tangible Assets	2.4B	2.3B	1.8B	1.6B	1.9B	1.5B
Retained Earnings Total Equity	2.2B	2.1B	1.6B	1.4B	1.6B	1.4B
Long Term Debt Total	4.5B	4.5B	4.6B	4.6B	5.2B	3.1B
Capital Surpluse	157.7M	161.9M	197.2M	245.7M	282.6M	296.7M
Deferred Long Term Liab	322.5M	391M	435.2M	426.7M	490.7M	515.2M
Long Term Investments	6.7B	6.8B	6.3B	6.3B	7.2B	4.7B
Short Long Term Debt	171.9M	700K	95.9M	2.6M	2.3M	2.2M
Net Invested Capital	6.9B	6.9B	6.4B	6.2B	6.8B	6.9B

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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:

How To Invest In Credit

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Is Credit Stock a good investment?

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What is Credit Acceptance's Net Worth?

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Largest Consumer Finance Companies

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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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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.

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Credit Long Term Debt vs Total Assets Analysis

Long Term Debt vs Total Assets

Long Term Debt vs Total Assets Correlation Analysis

Correlation Coefficient

Long Term Debt

Total Assets

Credit Acceptance fundamental ratios Correlations

Credit Acceptance Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Credit Acceptance fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Total Assets
Net Receivables	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Stockholder Equity
Non Currrent Assets Other	+ 1.0	Non Current Assets Total
Cash	+ 1.0	Cash And Short Term Investments
Net Debt	+ 1.0	Total Liab

Short Term Debt	- 0.94	Other Current Liab
Total Current Liabilities	- 0.84	Other Stockholder Equity
Common Stock	- 0.8	Accounts Payable
Common Stock Total Equity	- 0.8	Accounts Payable
Accounts Payable	- 0.8	Other Stockholder Equity
Common Stock	- 0.79	Non Current Liabilities Total