Credit Acceptance Corp financial data

Symbol
CACC on Nasdaq
Industry
Personal Credit Institutions
Location
25505 West Twelve Mile Road, Southfield, MI
State of incorporation
MI
Fiscal year end
December 31
Former names
CREDIT ACCEPTANCE CORPORATION (to 7/11/2008)
Latest financial report
10-Q - Q2 2024 - Jul 31, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 371 % +15.4%
Return On Equity 10.9 % -45.7%
Return On Assets 2.32 % -51.4%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 12.1M shares -5.55%
Common Stock, Shares, Outstanding 12.1M shares -5.54%
Entity Public Float 3.24B USD +5.2%
Common Stock, Value, Issued 100K USD 0%
Weighted Average Number of Shares Outstanding, Basic 12.3M shares -5.88%
Weighted Average Number of Shares Outstanding, Diluted 12.3M shares -6.24%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 2.02B USD +8.94%
Selling and Marketing Expense 92.6M USD +7.93%
General and Administrative Expense 95.6M USD +25.8%
Costs and Expenses 1.77B USD +25.6%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 244M USD -44.5%
Income Tax Expense (Benefit) 62.4M USD -40%
Net Income (Loss) Attributable to Parent 182M USD -45.9%
Earnings Per Share, Basic 14.1 USD/shares -45.4%
Earnings Per Share, Diluted 13.9 USD/shares -45.8%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 8.3M USD +159%
Property, Plant and Equipment, Net 16.1M USD -67.4%
Assets 8.26B USD +14.6%
Deferred Income Tax Liabilities, Net 410M USD -8.72%
Liabilities 6.7B USD +22.8%
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.2M USD +55.6%
Retained Earnings (Accumulated Deficit) 1.24B USD -16.5%
Stockholders' Equity Attributable to Parent 1.55B USD -11%
Liabilities and Equity 8.26B USD +14.6%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 310M USD +4.55%
Net Cash Provided by (Used in) Financing Activities 371M USD +214%
Net Cash Provided by (Used in) Investing Activities -584M USD -69.6%
Common Stock, Shares Authorized 80M shares 0%
Common Stock, Shares, Issued 12.1M shares -5.54%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 96.7M USD +37.4%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 518M USD +25.6%
Interest Paid, Excluding Capitalized Interest, Operating Activities 77.9M USD +54%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 784M USD +7.53%
Depreciation 2.2M USD 0%
Payments to Acquire Property, Plant, and Equipment 300K USD -66.7%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 183M USD -45.4%
Lessee, Operating Lease, Liability, to be Paid 3M USD +114%
Property, Plant and Equipment, Gross 68.2M USD
Lessee, Operating Lease, Liability, to be Paid, Year Two 900K USD +50%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.5M USD +114%
Deferred Income Tax Expense (Benefit) 31.9M USD +31.8%
Lessee, Operating Lease, Liability, to be Paid, Year Three 600K USD +500%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 1M shares 0%
Unrecognized Tax Benefits 61M USD +6.83%
Lessee, Operating Lease, Liability, to be Paid, Year Four 0 USD
Interest Expense 346M USD +66.2%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%