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
The Price Is Right For Credit Acceptance Corporation (NASDAQ:CACC) Even After Diving 25%
Aug 16
Credit Acceptance Corporation's (NASDAQ:CACC) CEO Compensation Looks Acceptable To Us And Here's Why
May 30Credit Acceptance Corporation's (NASDAQ:CACC) Earnings Haven't Escaped The Attention Of Investors
Apr 10Credit Acceptance: Back At Expensive Levels While Facing The Same Concerns
Feb 26What You Can Learn From Credit Acceptance Corporation's (NASDAQ:CACC) P/E
Dec 23Argentine lenders take the lead in week's financial winners, while Chinese fintechs dip
Sep 10Credit Acceptance: Best Near-Term Capital-Gain Portfolio Wealth-Builder
Sep 02Credit Acceptance extends $500M asset-backed financing
Aug 12Here's Why We Think Credit Acceptance (NASDAQ:CACC) Is Well Worth Watching
Jul 17Here's Why I Think Credit Acceptance (NASDAQ:CACC) Might Deserve Your Attention Today
Apr 17Should You Be Adding Credit Acceptance (NASDAQ:CACC) To Your Watchlist Today?
Jan 11I Ran A Stock Scan For Earnings Growth And Credit Acceptance (NASDAQ:CACC) Passed With Ease
Sep 30Credit Acceptance Should Take A Breather
Sep 14Have Credit Acceptance Corporation (NASDAQ:CACC) Insiders Been Selling Their Stock?
Mar 15Credit Acceptance (NASDAQ:CACC) Shareholders Booked A 86% Gain In The Last Five Years
Feb 24Credit Acceptance EPS beats by $3.31, beats on revenue
Feb 01Credit Acceptance completes $100M asset-backed financing
Jan 29Have Insiders Been Selling Credit Acceptance Corporation (NASDAQ:CACC) Shares This Year?
Jan 03Would Shareholders Who Purchased Credit Acceptance's (NASDAQ:CACC) Stock Year Be Happy With The Share price Today?
Nov 26
Financial Position Analysis
Short Term Liabilities: CACC's short term assets ($8.5B) exceed its short term liabilities ($572.8M).
Long Term Liabilities: CACC's short term assets ($8.5B) exceed its long term liabilities ($6.5B).
Debt to Equity History and Analysis
Debt Level: CACC's net debt to equity ratio (369.8%) is considered high.
Reducing Debt: CACC's debt to equity ratio has increased from 177.6% to 379.5% over the past 5 years.
Debt Coverage: CACC's debt is not well covered by operating cash flow (18.3%).
Interest Coverage: Insufficient data to determine if CACC's interest payments on its debt are well covered by EBIT.