USD 484.82
| ticker | 1 day return % | 1 week return % | 1 month return % | 3 months return % | 6 months return % | 1 year return % | 3 years return % | 5 years return % | 10 years return % | maximum return % |
|---|---|---|---|---|---|---|---|---|---|---|
| CACC | 0.5 | 10.9 | 3.4 | 2.0 | -17.6 | -6.1 | -16.2 | 7.1 | 240.8 | 17801.0 |
| S&P 500 | 1.0 | 3.7 | 2.1 | 2.3 | 8.2 | 25.4 | 31.0 | 80.6 | 196.5 | 33856.2 |
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| Attribute | Value |
|---|---|
| symbol | CACC |
| name | Credit Acceptance Corporation |
| price | 484.82 |
| changes percentage | 0.535 |
| change | 2.58 |
| day low | 480.145 |
| day high | 497.12 |
| year high | 616.66 |
| year low | 409.22 |
| market cap | 5872188322 |
| price avg 50 | 467.0966 |
| price avg 200 | 486.51544 |
| exchange | NASDAQ |
| volume | 36566 |
| avg volume | 66868 |
| open | 487.3 |
| previous close | 482.24 |
| eps | 14.94 |
| pe | 32.45 |
| earnings announcement | 2025-01-29T10:59:00.000+0000 |
| shares outstanding | 12112100 |
| timestamp | 2025-01-17 21:00:01 |
We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.
| 2023 | 2022 | Y/Y change % | |
|---|---|---|---|
| 0000885550 | |||
| revenue | 1901900000 | 1184400000 | 60.58 |
| gross profit | 1284500000 | 709400000 | 81.07 |
| gross profit ratio | 0.68 | 0.6 | 12.76 |
| research and development expenses | 0 | 0.39 | -100.00 |
| operating expenses | 459100000 | 608700000 | -24.58 |
| interest income | 19700000 | 6600000 | 198.48 |
| interest expense | 0 | 0 | NaN |
| ebitda | 373900000 | 711700000 | -47.46 |
| ebitdaratio | 0.2 | 0.6 | -67.28 |
| operating income | 440100000 | 686100000 | -35.85 |
| operating income ratio | 0.23 | 0.58 | -60.05 |
| net income | 286100000 | 535800000 | -46.60 |
| net income ratio | 0.15 | 0.45 | -66.75 |
| eps | 22.09 | 39.5 | -44.08 |
| 2024Q3 | 2024Q2 | Q/Q change % | |
|---|---|---|---|
| 0000885550 | |||
| revenue | 543600000 | 538200000 | 1.00 |
| gross profit | 336600000 | 531300000 | -36.65 |
| gross profit ratio | 0.62 | 0.99 | -37.28 |
| research and development expenses | 0 | 0 | NaN |
| operating expenses | 336600000 | 369200000 | -8.83 |
| interest income | 6400000 | 6400000 | 0.00 |
| interest expense | 0 | 0 | NaN |
| ebitda | 106700000 | -31600000 | 437.66 |
| ebitdaratio | 0.2 | 0.74 | -73.62 |
| operating income | 99800000 | 393500000 | -74.64 |
| operating income ratio | 0.18 | 0.73 | -74.89 |
| net income | 78800000 | -47100000 | 267.30 |
| net income ratio | 0.14 | -0.09 | 265.64 |
| eps | 6.42 | -3.83 | 267.62 |
Revenue Growth: revenue increased to 544 million in 2024Q3 from 538 million in 2024Q2 representing a change of 1.0%. This indicates a sales growth, which is a positive sign for the company.
Operating Expenses: Operating Expenses decreased to 337 million in 2024Q3 from 369 million in 2024Q2 representing a change of -8.83%. The decrease in operating expenses can be attributed to various factors such as improved profitability, cost optimization and financial stability, lower operating expenses can be positive indicators.
EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to 107 million in 2024Q3 from -32 million in 2024Q2 representing a change of 437.66%. The increase in EBITDA indicates improved operational efficiency and profitability.
Operating Income: Operating income increased to 100 million in 2024Q3 from 394 million in 2024Q2 representing a change of -74.64%. The increase in operating income indicates better operational performance and increased profitability.
Net Income: Net income increased to 79 million in 2024Q3 from -47 million in 2024Q2 representing a change of 267.3%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.
Earnings per Share (EPS): EPS increased to 6.42 in 2024Q3 from 6.42 in 2024Q2 representing a change of 267.62%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.
Gross Profit: Gross Profit decreased to 337 million in 2024Q3 from 531 million in 2024Q2 representing a change of -36.65%. This indicates a sales profitability decline, which is a negative sign for the company.
| 2023 | 2022 | Y/Y change % | |
|---|---|---|---|
| 0000885550 | |||
| total assets | 7610200000 | 6904700000 | 10.22 |
| total liabilities | 5856500000 | 5280700000 | 10.90 |
| total equity | 1753700000 | 5793000000 | -69.73 |
| cash and cash equivalents | 13200000 | 7700000 | 71.43 |
| short term investments | 6900000 | 72300000 | -90.46 |
| long term investments | 86300000 | 68300000 | 26.35 |
| total current assets | 13200000 | 6796400000 | -99.81 |
| total non current assets | 7597000000 | 108300000 | 6914.77 |
| total current liabilities | 399800000 | 263300000 | 51.84 |
| total non current liabilities | 5856500000 | 5017400000 | 16.72 |
| common stock | 100000 | 100000 | 0.00 |
| retained earnings | 1475600000 | 1381100000 | 6.84 |
| total debt | 5067500000 | 4590700000 | 10.39 |
Total Assets: Total Assets increased to 7,610 million in 2023 from 6,905 million in 2022 representing a change of 10.22%. Suggesting a growth in asset holdings.
Cash And Cash Equivalents: Cash And Cash Equivalents increased to 13 million in 2023 from 8 million in 2022 representing a change of 71.43%. This indicates an increase in available liquid assets.
Retained Earnings: Retained Earnings increased to 1,476 million in 2023 from 1,381 million in 2022 representing a change of 6.84%. This indicates an accumulated profits.
Total Liabilities: Total Liabilities increased to 5,856 million in 2023 from 5,281 million in 2022 representing a change of 10.9%. This indicates an increase in overall liabilities.
Total Equity: Total Equity decreased to 1,754 million in 2023 from 5,793 million in 2022 representing a change of -69.73%. This indicates a decrease in shareholders' equity.
Short Term Investments: Short Term Investments decreased to 7 million in 2023 from 72 million in 2022 representing a change of -90.46%. This indicates a decrease in short-term investment holdings.
Total Current Assets: Total Current Assets decreased to 13 million in 2023 from 6,796 million in 2022 representing a change of -99.81%. This indicates a worsen liquidity position.
Total Current Liabilities: Total Current Liabilities increased to 400 million in 2023 from 263 million in 2022 representing a change of 51.84%. This indicates a higher short-term debt burden.
Total Debt: Total Debt increased to 5,068 million in 2023 from 4,591 million in 2022 representing a change of 10.39%. This indicates an increase in overall debt burden.
| 2024Q3 | 2024Q2 | Q/Q change % | |
|---|---|---|---|
| 0000885550 | |||
| total assets | 8683200000 | 8255400000 | 5.18 |
| total liabilities | 7036700000 | 6700500000 | 5.02 |
| total equity | 1646500000 | 1554900000 | 5.89 |
| cash and cash equivalents | 716300000 | 517600000 | 38.39 |
| short term investments | 113900000 | 9300000 | 1124.73 |
| long term investments | 0 | 0 | NaN |
| total current assets | 8532900000 | 8114500000 | 5.16 |
| total non current assets | 150300000 | 140900000 | 6.67 |
| total current liabilities | 364600000 | 344400000 | 5.87 |
| total non current liabilities | 6672100000 | 6356100000 | 4.97 |
| common stock | 100000 | 100000 | 0.00 |
| retained earnings | 1321000000 | 1242200000 | 6.34 |
| total debt | 6248900000 | 5946600000 | 5.08 |
Total Assets: Total Assets increased to 8,683 million in 2024Q3 from 8,255 million in 2024Q2 representing a change of 5.18%. Suggesting a growth in asset holdings.
Total Equity: Total Equity increased to 1,646 million in 2024Q3 from 1,555 million in 2024Q2 representing a change of 5.89%. This indicates an increase in shareholders' equity.
Cash And Cash Equivalents: Cash And Cash Equivalents increased to 716 million in 2024Q3 from 518 million in 2024Q2 representing a change of 38.39%. This indicates an increase in available liquid assets.
Short Term Investments: Short Term Investments increased to 114 million in 2024Q3 from 9 million in 2024Q2 representing a change of 1124.73%. This indicates an increase in short-term investment holdings.
Total Current Assets: Total Current Assets increased to 8,533 million in 2024Q3 from 8,114 million in 2024Q2 representing a change of 5.16%. This indicates a better liquidity position.
Retained Earnings: Retained Earnings increased to 1,321 million in 2024Q3 from 1,242 million in 2024Q2 representing a change of 6.34%. This indicates an accumulated profits.
Total Liabilities: Total Liabilities increased to 7,037 million in 2024Q3 from 6,700 million in 2024Q2 representing a change of 5.02%. This indicates an increase in overall liabilities.
Total Current Liabilities: Total Current Liabilities increased to 365 million in 2024Q3 from 344 million in 2024Q2 representing a change of 5.87%. This indicates a higher short-term debt burden.
Total Debt: Total Debt increased to 6,249 million in 2024Q3 from 5,947 million in 2024Q2 representing a change of 5.08%. This indicates an increase in overall debt burden.
| 2023 | 2022 | Y/Y change % | |
|---|---|---|---|
| 0000885550 | |||
| net change in cash | 53200000 | -16500000 | 422.42 |
| operating cash flow | 1203800000 | 1238700000 | -2.82 |
| free cash flow | 1199800000 | 1235600000 | -2.90 |
| capital expenditure | -4000000 | -3100000 | -29.03 |
| depreciation and amortization | 26600000 | 25600000 | 3.91 |
| deferred income tax | -38000000 | -7700000 | -393.51 |
| stock based compensation | 39100000 | 36500000 | 7.12 |
| accounts payables | 49700000 | 67900000 | -26.80 |
| inventory | 0 | -100500000 | 100.00 |
| acquisitions net | 0 | 0 | NaN |
| investments in property plant and equipment | -4000000 | -3100000 | -29.03 |
| net cash used for investing activites | -1416800000 | -460600000 | -207.60 |
| debt repayment | 490500000 | -29000000 | 1791.38 |
| common stock issued | 0 | 0 | NaN |
| common stock repurchased | -202600000 | -784500000 | 74.17 |
| dividends paid | 0 | 0 | NaN |
| net cash used provided by financing activities | 266200000 | -794600000 | 133.50 |
| cash at end of period | 470900000 | 417700000 | 12.74 |
| accounts receivables | 4400000 | 100500000 | -95.62 |
| cash at beginning of period | 417700000 | 434200000 | -3.80 |
Net Change in Cash: Net Change in Cash increased to 53 million in 2023 from -16 million in 2022 representing a change of 422.42%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.
Capital Expenditure: Capital Expenditure decreased to -4 million in 2023 from -3 million in 2022 representing a change of -29.03%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.
Accounts Payables: The absolute value of Accounts Payables decreased to 50 million in 2023 from 68 million in 2022 representing a change of -26.8%. This indicates that the company has reduced its outstanding obligations to its suppliers.
Accounts Receivables: Accounts Receivables decreased to 4 million in 2023 from 100 million in 2022 representing a change of -95.62%. This suggests that the company has been able to collect payments from its customers more efficiently and timely.
Operating Cash Flow: Operating Cash Flow decreased to 1,204 million in 2023 from 1,239 million in 2022 representing a change of -2.82%. This indicates that the company generated less cash from its core business operations.
Free Cash Flow: Free Cash Flow decreased to 1,200 million in 2023 from 1,236 million in 2022 representing a change of -2.9%. This indicates a decrease in cash generated after accounting for capital expenditures.
Stock-Based Compensation: Stock-Based Compensation increased to 39 million in 2023 from 36 million in 2022 representing a change of 7.12%. This indicates increased expenses, which is generally considered a negative sign from a financial perspective.
| 2024Q3 | 2024Q2 | Q/Q change % | |
|---|---|---|---|
| 0000885550 | |||
| operating cash flow | 317700000 | 204000000 | 55.74 |
| free cash flow | 317300000 | 203600000 | 55.84 |
| capital expenditure | -400000 | -400000 | 0.00 |
| depreciation and amortization | 6900000 | 6900000 | 0.00 |
| deferred income tax | 13100000 | -11600000 | 212.93 |
| stock based compensation | 10700000 | 10600000 | 0.94 |
| accounts receivables | 13500000 | -28800000 | 146.88 |
| accounts payables | 12500000 | -2400000 | 620.83 |
| inventory | 0 | 0 | NaN |
| acquisitions net | 0 | 3200000 | -100.00 |
| investments in property plant and equipment | -400000 | -400000 | 0.00 |
| net cash used for investing activites | -424000000 | -526000000 | 19.39 |
| debt repayment | 303100000 | 343600000 | -11.79 |
| common stock issued | -14600000 | 0 | NaN |
| common stock repurchased | 0 | -60800000 | 100.00 |
| dividends paid | 0 | 0 | NaN |
| net cash used provided by financing activities | 305000000 | 272000000 | 12.13 |
| net change in cash | 198700000 | -50000000 | 497.40 |
| cash at end of period | 716300000 | 517600000 | 38.39 |
| cash at beginning of period | 517600000 | 567600000 | -8.81 |
Net Change in Cash: Net Change in Cash increased to 199 million in 2024Q3 from -50 million in 2024Q2 representing a change of 497.4%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.
Operating Cash Flow: Operating Cash Flow increased to 318 million in 2024Q3 from 204 million in 2024Q2 representing a change of 55.74%. This indicates that the company generated more cash from its core business operations.
Free Cash Flow: Free Cash Flow increased to 317 million in 2024Q3 from 204 million in 2024Q2 representing a change of 55.84%. This indicates an increase in cash generated after accounting for capital expenditures.
Deferred Income Tax: Deferred Income Tax increased to 13 million in 2024Q3 from -12 million in 2024Q2 representing a change of 212.93%. This indicates that the company's tax liability for future periods has increased.
Stock-Based Compensation: Stock-Based Compensation increased to 11 million in 2024Q3 from 11 million in 2024Q2 representing a change of 0.94%. This indicates increased expenses, which is generally considered a negative sign from a financial perspective.
Accounts Payables: The absolute value of Accounts Payables increased to 12 million in 2024Q3 from 2 million in 2024Q2 representing a change of 620.83%. This indicates that the company has increased its outstanding obligations to its suppliers.
Accounts Receivables: Accounts Receivables increased to 14 in 2024Q3 from -29 million in 2024Q2 representing a change of 146.88%. This suggests that the company is less capable of collecting payments from its customers.
We save you time by utilizing Generative AI to summarize earnings transcripts. Our summaries provide a clear insight into the company's current performance, future outlook, and overall sentiment expressed during the call. Click on below links to explore more.
Note: The years mentioned below are fiscal years in accounting.
Q3 2024 Earnings call transcript
EPS represents the portion of a company's profit allocated to each outstanding share of common stock. A higher EPS is generally favorable, indicating stronger profitability on a per-share basis.
Positive EPS: A positive EPS signifies that a company is profitable, it is generally viewed positively, supporting stock value and investor confidence.
Negative EPS: Indicates that a company is operating at a loss, which could lead to negative sentiment, potential stock depreciation, and concerns about the company's financial health.
The Next Earning Date represents when the company plans to release its next set of financial results.
An upward trend in EPS suggests consistent growth in earnings, often leading to increased investor confidence. A downward trend may indicate a decline in earnings, potentially decreasing investor confidence and stock value. Fluctuating EPS suggests unpredictable financial performance, warranting cautious investor analysis.
Earnings surprise occurs when a company's actual earnings differ from analysts' expectations. A positive earnings surprise typically reflects better-than-expected performance, potentially leading to stock appreciation. Conversely, a negative earnings surprise can result in stock depreciation. An earnings surprise of zero means the earnings met expectations, which typically has a neutral impact on stock price.
Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.
| 2023-12-31 | 2022-12-31 | Y/Y change % | |
|---|---|---|---|
| FY | |||
| calendar year | 2023 | 2022 | NaN |
| revenue per share | 146.83 | 87.32 | 68.15 |
| net income per share | 22.09 | 39.5 | -44.09 |
| operating cash flow per share | 92.93 | 91.32 | 1.76 |
| free cash flow per share | 92.62 | 91.09 | 1.68 |
| cash per share | 1.55 | 5.9 | -73.69 |
| book value per share | 135.39 | 119.73 | 13.08 |
| tangible book value per share | 135.39 | 124.77 | 8.51 |
| shareholders equity per share | 135.39 | 119.73 | 13.08 |
| interest debt per share | 391.21 | 338.45 | 15.59 |
| market cap | 6900677567.52 | 6434707044 | 7.24 |
| enterprise value | 11954977567.52 | 11017707044 | 8.51 |
| pe ratio | 24.12 | 12.01 | 100.84 |
| price to sales ratio | 3.63 | 5.43 | -33.22 |
| pocfratio | 5.73 | 5.19 | 10.35 |
| pfcf ratio | 5.75 | 5.21 | 10.44 |
| pb ratio | 3.93 | 3.96 | -0.69 |
| ptb ratio | 3.93 | 3.96 | -0.69 |
| ev to sales | 6.29 | 9.3 | -32.43 |
| enterprise value over ebitda | 31.97 | 15.48 | 106.54 |
| ev to operating cash flow | 9.93 | 8.89 | 11.65 |
| ev to free cash flow | 9.96 | 8.92 | 11.74 |
| earnings yield | 0.04 | 0.08 | -50.21 |
| free cash flow yield | 0.17 | 0.19 | -9.45 |
| debt to equity | 2.89 | 2.83 | 2.22 |
| debt to assets | 0.67 | 0.66 | 0.15 |
| net debt to ebitda | 13.52 | 6.44 | 109.92 |
| current ratio | 0.03 | 25.81 | -99.87 |
| interest coverage | 0 | 0 | NaN |
| income quality | 4.21 | 2.31 | 82.00 |
| dividend yield | 0 | 0 | NaN |
| payout ratio | 0 | 0 | NaN |
| sales general and administrative to revenue | 0.05 | 0.07 | -38.78 |
| research and ddevelopement to revenue | 0 | 0.0 | -100.00 |
| intangibles to total assets | 0 | -0.01 | 100.00 |
| capex to operating cash flow | 0.0 | 0.0 | 32.77 |
| capex to revenue | 0.0 | 0.0 | -19.65 |
| capex to depreciation | 0.15 | 0.12 | 24.18 |
| stock based compensation to revenue | 0.02 | 0.03 | -33.29 |
| graham number | 259.38 | 326.21 | -20.49 |
| roic | 0.05 | 0.08 | -38.92 |
| return on tangible assets | 0.04 | 0.08 | -51.07 |
| graham net net | -450.32 | -35.2 | -1179.38 |
| working capital | -386600000 | 6533100000 | -105.92 |
| tangible asset value | 1753700000 | 1692300000 | 3.63 |
| net current asset value | -5843300000 | 1515700000 | -485.52 |
| invested capital | -340100000 | 6516200000 | -105.22 |
| average receivables | 3151000000 | 6371600000 | -50.55 |
| average payables | 289800000 | 217900000 | 33.00 |
| average inventory | 0 | 509650000 | -100.00 |
| days sales outstanding | 0.83 | 1940.78 | -99.96 |
| days payables outstanding | 188.47 | 200.4 | -5.95 |
| days of inventory on hand | 0 | 0 | NaN |
| receivables turnover | 442.3 | 0.19 | 235081.30 |
| payables turnover | 1.94 | 1.82 | 6.33 |
| inventory turnover | 0 | 0 | NaN |
| roe | 0.16 | 0.33 | -50.55 |
| capex per share | 0.31 | 0.23 | 35.11 |
ROE: Return on Equity (ROE) decreased to 0.16 on 2023-12-31 from 0.33 on 2022-12-31, representing a change of -50.55%. However, ROE is >= 15%, suggesting that the company has been generating high returns for its shareholders still.
PE Ratio: Price-to-Earnings (P/E) Ratio increased to 24.12 on 2023-12-31 from 12.01 on 2022-12-31, representing a change of 100.84%. Indicating an increase in the relative valuation of the company's stock.
Current Ratio: Current Ratio decreased to 0.03 on 2023-12-31 from 25.81 on 2022-12-31, representing a change of -99.87%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. Also, it's below 1, indicating potential liquidity issues.
Debt-to-Equity Ratio: Debt-to-Equity Ratio increased to 2.89 on 2023-12-31 from 2.83 on 2022-12-31, representing a change of 2.22%. The debt-to-equity ratio has been increasing, indicating that the company has been relying more on debt financing. A ratio of 2.0 or higher is usually considered risky.
| 2024-09-30 Q3 | 2024-06-30 Q2 | Q/Q change % | |
|---|---|---|---|
| CACC | |||
| calendar year | 2024 | 2024 | NaN |
| revenue per share | 44.29 | 43.82 | 1.06 |
| net income per share | 6.42 | -3.83 | 267.41 |
| operating cash flow per share | 25.88 | 16.61 | 55.83 |
| free cash flow per share | 25.85 | 16.58 | 55.94 |
| cash per share | 67.64 | 42.9 | 57.66 |
| book value per share | 134.14 | 126.6 | 5.96 |
| tangible book value per share | 134.14 | 126.6 | 5.96 |
| shareholders equity per share | 134.14 | 126.6 | 5.96 |
| interest debt per share | 509.09 | 484.17 | 5.15 |
| market cap | 5442840822.7 | 6352586036.28 | -14.32 |
| enterprise value | 10975440822.7 | 11781586036.28 | -6.84 |
| pe ratio | 17.27 | -33.72 | 151.21 |
| price to sales ratio | 10.01 | 11.8 | -15.17 |
| pocfratio | 17.13 | 31.14 | -44.98 |
| pfcf ratio | 17.15 | 31.2 | -45.02 |
| pb ratio | 3.31 | 4.09 | -19.09 |
| ptb ratio | 3.31 | 4.09 | -19.09 |
| ev to sales | 20.19 | 21.89 | -7.77 |
| enterprise value over ebitda | 102.86 | -372.84 | 127.59 |
| ev to operating cash flow | 34.55 | 57.75 | -40.18 |
| ev to free cash flow | 34.59 | 57.87 | -40.22 |
| earnings yield | 0.01 | -0.01 | 295.27 |
| free cash flow yield | 0.06 | 0.03 | 81.89 |
| debt to equity | 3.8 | 3.82 | -0.76 |
| debt to assets | 0.72 | 0.72 | -0.09 |
| net debt to ebitda | 51.85 | -171.8 | 130.18 |
| current ratio | 23.4 | 23.56 | -0.67 |
| interest coverage | 0 | 0 | NaN |
| income quality | 4.03 | -4.33 | 193.09 |
| dividend yield | 0 | 0 | NaN |
| payout ratio | 0 | 0 | NaN |
| sales general and administrative to revenue | 0.05 | 0.04 | 23.76 |
| research and ddevelopement to revenue | 0 | 0 | NaN |
| intangibles to total assets | 0 | 0 | NaN |
| capex to operating cash flow | 0.0 | 0.0 | -35.79 |
| capex to revenue | 0.0 | 0.0 | -0.99 |
| capex to depreciation | 0.06 | 0.06 | 0.00 |
| stock based compensation to revenue | 0.02 | 0.02 | -0.06 |
| graham number | 139.2 | 104.51 | 33.18 |
| roic | 0.01 | 0.04 | -79.05 |
| return on tangible assets | 0.01 | -0.01 | 259.06 |
| graham net net | -30.17 | -39.32 | 23.26 |
| working capital | 8168300000 | 7770100000 | 5.12 |
| tangible asset value | 1646500000 | 1554900000 | 5.89 |
| net current asset value | 1496200000 | 1414000000 | 5.81 |
| invested capital | 8183500000 | 7786200000 | 5.10 |
| average receivables | 7684550000 | 7472150000 | 2.84 |
| average payables | 354300000 | 343450000 | 3.16 |
| average inventory | 0 | 0 | NaN |
| days sales outstanding | 1288.33 | 1268.83 | 1.54 |
| days payables outstanding | 158.43 | 4489.57 | -96.47 |
| days of inventory on hand | 0 | 0 | NaN |
| receivables turnover | 0.07 | 0.07 | -1.51 |
| payables turnover | 0.57 | 0.02 | 2733.70 |
| inventory turnover | 0 | 0 | NaN |
| roe | 0.05 | -0.03 | 258.00 |
| capex per share | 0.03 | 0.03 | 0.06 |
ROE: Return on Equity (ROE) increased to 0.05 on 2024-09-30 Q3 from -0.03 on 2024-06-30 Q2, representing a change of 258.00%. However, ROE is <= 5%, suggesting that the company has not been generating high returns for its shareholders.
Current Ratio: Current Ratio decreased to 23.40 on 2024-09-30 Q3 from 23.56 on 2024-06-30 Q2, representing a change of -0.67%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. Since it's above 3, indicating poor management of working capital.
Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 3.80 on 2024-09-30 Q3 from 3.82 on 2024-06-30 Q2, representing a change of -0.76%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. However, a ratio of 2.0 or higher is usually considered risky.
PE Ratio: Price-to-Earnings (P/E) Ratio increased to 17.27 on 2024-09-30 Q3 from -33.72 on 2024-06-30 Q2, representing a change of 151.21%. Indicating an increase in the relative valuation of the company's stock.
None
| Market Capitalization | Enterprise Value | |
|---|---|---|
| Definition | The total market value of a company's outstanding shares | The total market value of a company, including its debt and other liabilities |
| Calculation | Current share price * Total number of outstanding shares | Market capitalization + Total debt - Cash and cash equivalents |
| Focus | Equity component of a company's value | Total economic value of a company |
| Usefulness | Assesses a company's size and growth potential based on investor sentiment | Provides a more comprehensive valuation that considers both equity and debt |
Analyzing dividends is a crucial aspect of investment evaluation, offering valuable insights into a company's financial health and its commitment to shareholder returns. Dividends represent a portion of a company's profits distributed to its shareholders, providing a steady income stream. We help you analyze dividends based on the indicators mentioned below:
• Investors often assess the average dividend amount, observing trends over time to gauge the company's stability and growth potential. A positive trend in average dividends indicates a consistent and potentially lucrative investment. Additionally, evaluating the trend of dividend increases provides insight into the company's financial strength and management's confidence in future earnings.
• Consistency in paying dividends is a reassuring sign, reflecting a company's reliability and commitment to shareholder value. For investors, dividends not only offer income but also contribute to the overall total return on investment.
• Companies with a history of regular and increasing dividends can attract income-focused investors seeking stable returns, making dividends a critical factor in building a well-rounded investment portfolio.
Interested in the overall sentiment for a particular period? Check out our news sentiment analysis tool.
Sentiment: Positive
Publish Date: 2024-12-20 16:02:00
Southfield, Michigan, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today the completion of a $300.0 million asset-backed non-recourse secured financing (the “Financing”). Pursuant to this transaction, we conveyed loans having a value of approximately $375.1 million to a wholly owned special purpose entity that will pledge the loans to institutional lenders under a loan and security agreement. We will issue three classes of notes:
Sentiment: Positive
Publish Date: 2024-12-11 16:02:00
Southfield, Michigan, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been named one of the Best Places to Work in IT by Computerworld for the 10th year. Credit Acceptance ranked #8 among midsize companies. This award recognizes companies with comprehensive tech-led strategies that foster an inclusive, supportive, and growth-oriented workplace.
Sentiment: Positive
Publish Date: 2024-12-05 16:02:00
Southfield, Michigan, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that we have increased the amount of Warehouse Facility V (the “Facility”), one of our revolving secured warehouse facilities, from $200.0 million to $250.0 million. We also extended the date on which the Facility will cease to revolve from December 29, 2025 to December 29, 2027. The maturity of the Facility was also extended from December 27, 2027 to December 27, 2029. The interest rate on borrowings under the Facility has decreased from the Secured Overnight Financing Rate (“SOFR”) plus 245 basis points to SOFR plus 185 basis points.
Sentiment: Positive
Publish Date: 2024-11-18 16:02:00
Southfield, Michigan, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been named a winner of the 2024 Detroit Free Press Top Workplaces. We ranked #2 among the top large companies in Michigan, the same as a year ago. This is the 13th year in a row that the Company has been recognized with this award by the Detroit Free Press. We also received the prestigious Managers Specialty Award for our leaders' efforts to help team members grow and learn as well as for caring about their concerns.
Sentiment: Negative
Publish Date: 2024-11-01 09:15:19
Higher provisions and operating expenses hurt Credit Acceptance's Q3 earnings, while a rise in revenues offers some support.
Sentiment: Positive
Publish Date: 2024-10-31 16:20:12
Credit Acceptance Corporation (NASDAQ:CACC ) Q3 2024 Earnings Conference Call October 31, 2024 10:00 AM ET Company Participants Jay Martin - CFO Ken Booth - CEO Conference Call Participants Moshe Orenbuch - TD Cowen John Rowan - Janney Montgomery Scott John Hecht - Jefferies Rob Wildhack - Autonomous Research Ryan Shelley - Bank of America Operator Good day, everyone, and welcome to the Credit Acceptance Corporation Third Quarter 2024 Earnings Call. Today's call is being recorded.
Sentiment: Positive
Publish Date: 2024-10-30 21:30:54
Although the revenue and EPS for Credit Acceptance (CACC) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Sentiment: Positive
Publish Date: 2024-10-30 18:51:19
Credit Acceptance (CACC) came out with quarterly earnings of $6.35 per share, missing the Zacks Consensus Estimate of $7.88 per share. This compares to earnings of $5.43 per share a year ago.
Sentiment: Positive
Publish Date: 2024-10-30 16:02:00
Southfield, Michigan, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) today announced consolidated net income of $78.8 million, or $6.35 per diluted share, for the three months ended September 30, 2024 compared to consolidated net income of $70.8 million, or $5.43 per diluted share, for the same period in 2023. Adjusted net income, a non-GAAP financial measure, for the three months ended September 30, 2024 was $109.1 million, or $8.79 per diluted share, compared to $139.5 million, or $10.70 per diluted share, for the same period in 2023. The following table summarizes our financial results:
Sentiment: Positive
Publish Date: 2024-10-23 16:02:00
Southfield, Michigan, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that we expect to issue a news release with our third quarter 2024 earnings on Wednesday, October 30, 2024, after the market closes. A webcast is scheduled for Thursday, October 31, 2024, at 8:30 a.m. Eastern Time to discuss third quarter 2024 earnings.
* The sentiment analysis presented is generated through an algorithm and may be subject to inaccuracies. Users are advised to corroborate key information and employ further analytical methods prior to making critical decisions.
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| Indicator | Bullish | Bearish |
|---|---|---|
| Price and EMA ⓘ | Price crosses above EMA | Price crosses below EMA |
| Short-Term vs Long-Term EMA ⓘ | Short EMA crosses above Long EMA | Short EMA crosses below Long EMA |
| Volume ⓘ | Increasing volume during price uptrend | Increasing volume during price downtrend |
| MACD ⓘ | MACD crosses above Signal Line | MACD crosses below Signal Line |
| RSI ⓘ | RSI is below 30 (oversold) and starts to rise above 30 | RSI is above 70 (overbought) and starts to decline below 70 |
| Candlestick Patterns ⓘ | Bullish candlestick patterns | Bearish candlestick patterns |
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