Credit Acceptance Balance Sheet Health
Financial Health criteria checks 3/6
Credit Acceptance has a total shareholder equity of $1.8B and total debt of $5.1B, which brings its debt-to-equity ratio to 289%. Its total assets and total liabilities are $7.6B and $5.9B respectively.
Key information
289.0%
Debt to equity ratio
US$5.07b
Debt
| Interest coverage ratio | n/a |
| Cash | US$13.20m |
| Equity | US$1.75b |
| Total liabilities | US$5.86b |
| Total assets | US$7.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2D5's short term assets ($7.4B) exceed its short term liabilities ($1.4B).
Long Term Liabilities: 2D5's short term assets ($7.4B) exceed its long term liabilities ($4.5B).
Debt to Equity History and Analysis
Debt Level: 2D5's net debt to equity ratio (288.2%) is considered high.
Reducing Debt: 2D5's debt to equity ratio has increased from 191.9% to 289% over the past 5 years.
Debt Coverage: 2D5's debt is well covered by operating cash flow (23.8%).
Interest Coverage: Insufficient data to determine if 2D5's interest payments on its debt are well covered by EBIT.