Credit Acceptance Balance Sheet Health
Financial Health criteria checks 2/6
Credit Acceptance has a total shareholder equity of $1.6B and total debt of $6.2B, which brings its debt-to-equity ratio to 379.5%. Its total assets and total liabilities are $8.7B and $7.0B respectively.
Key information
379.5%
Debt to equity ratio
US$6.25b
Debt
| Interest coverage ratio | n/a |
| Cash | US$159.70m |
| Equity | US$1.65b |
| Total liabilities | US$7.04b |
| Total assets | US$8.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2D5's short term assets ($8.5B) exceed its short term liabilities ($572.8M).
Long Term Liabilities: 2D5's short term assets ($8.5B) exceed its long term liabilities ($6.5B).
Debt to Equity History and Analysis
Debt Level: 2D5's net debt to equity ratio (369.8%) is considered high.
Reducing Debt: 2D5's debt to equity ratio has increased from 177.6% to 379.5% over the past 5 years.
Debt Coverage: 2D5's debt is not well covered by operating cash flow (18.3%).
Interest Coverage: Insufficient data to determine if 2D5's interest payments on its debt are well covered by EBIT.