Credit Total Assets vs Capital Stock Analysis
CACC Stock | USD 460.02 12.45 2.78% |
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 Total Assets and its Capital Stock 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.
Total Assets vs Capital Stock
Total Assets vs Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Credit Acceptance Total Assets account and Capital Stock. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Credit Acceptance's Total Assets and Capital Stock is -0.6. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Capital Stock 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 Total Assets and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Credit Acceptance are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Total Assets i.e., Credit Acceptance's Total Assets and Capital Stock go up and down completely randomly.
Correlation Coefficient | -0.6 |
Relationship Direction | Negative |
Relationship Strength | Weak |
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.Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.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 |
Credit Acceptance fundamental ratios Correlations
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Credit Acceptance Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 | 5.5B | 5.7B | |
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 |
Also Currently Popular
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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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.