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 12Credit Acceptance Should Take A Breather
Sep 14Credit Acceptance EPS beats by $3.31, beats on revenue
Feb 01Credit Acceptance completes $100M asset-backed financing
Jan 29Financial 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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 17:06 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Credit Acceptance Corporation is covered by 18 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| James Fotheringham | BMO Capital Markets Equity Research |
| Kenneth Bruce | BofA Global Research |
| Giuliano Anderes Bologna | BTIG |