CACC - Credit Acceptance Corporation
NASDAQ
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Financial Services
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Credit Services
Southfield,
United States
Type: Equity
CACC price evolution
CACC
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $517.6 | $567.6 | $470.9 | |
| Short term investments | ||||
| Net receivables | $26.4 | $39.9 | $11.1 | $4.3 |
| Inventory | ||||
| Total current assets | $186.1 | $48.2 | $19.5 | $17.5 |
| Long term investments | ||||
| Property, plant & equipment | $15.2 | $16.1 | $44.6 | $46.5 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | ||||
| Total investments | $7653.8 | $7445.5 | $7048.5 | |
| Total assets | $8683.2 | $8255.4 | $8097 | $7610.2 |
| Current liabilities | ||||
| Accounts payable | $364.4 | $344.2 | $342.7 | $318.8 |
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | $364.6 | $344.4 | $412.2 | $399.8 |
| Long term debt | $6248.9 | $5946.6 | $5611.5 | $5067.5 |
| Total noncurrent liabilities | ||||
| Total debt | $5946.6 | $5611.5 | $5067.5 | |
| Total liabilities | $7036.7 | $6700.5 | $6444.8 | $5856.5 |
| Shareholders' equity | ||||
| Retained earnings | $1321 | $1242.2 | $1349.8 | $1475.6 |
| Other shareholder equity | $0.9 | -$1.2 | -$1.2 | -$1 |
| Total shareholder equity | $1554.9 | $1652.2 | $1753.7 | |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $470.9 | $417.7 | $434.2 | $396.2 |
| Short term investments | ||||
| Net receivables | $4.3 | $8.7 | $109.2 | $147 |
| Inventory | ||||
| Total current assets | $17.5 | $16.4 | $132.5 | $7397.2 |
| Long term investments | ||||
| Property, plant & equipment | $46.5 | $51.4 | $57.3 | $59.4 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | $91.8 | |||
| Total investments | $7048.5 | $6370 | $6398.4 | $6854 |
| Total assets | $7610.2 | $6904.7 | $7050.9 | $7489 |
| Current liabilities | ||||
| Accounts payable | $318.8 | $259.5 | $175 | $186.7 |
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | $399.8 | $263.3 | $175.2 | $282.8 |
| Long term debt | $5067.5 | $4590.7 | $4616.3 | $4502.2 |
| Total noncurrent liabilities | $4616.3 | $4903.7 | ||
| Total debt | $5067.5 | $4590.7 | $4616.3 | $4608.6 |
| Total liabilities | $5856.5 | $5280.7 | $5226.7 | $5186.5 |
| Shareholders' equity | ||||
| Retained earnings | $1475.6 | $1381.1 | $1626.7 | $2138.8 |
| Other shareholder equity | -$1 | -$2.9 | $0.2 | $1.6 |
| Total shareholder equity | $1753.7 | $1624 | $1824.2 | $2302.5 |
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $550.3 | $538.2 | $508 | $491.6 |
| Cost of revenue | $340.9 | $203 | $180.3 | |
| Gross Profit | $197.3 | $305 | $311.3 | |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $124.4 | $126.1 | $114.3 | |
| Total operating expenses | $332.6 | $148.1 | $126.1 | $114.3 |
| Operating income | $49.2 | $178.9 | $197 | |
| Income from continuing operations | ||||
| EBIT | $49.2 | $178.9 | $195.2 | |
| Income tax expense | $27.7 | -$8.2 | $22.1 | $22.8 |
| Interest expense | -$111.2 | $104.5 | $92.5 | $78.8 |
| Net income | ||||
| Net income | $78.8 | -$47.1 | $64.3 | $93.6 |
| Income (for common shares) | -$47.1 | $64.3 | $93.6 | |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $1901.9 | $1832.4 | $1856 | $1669.3 |
| Cost of revenue | $806.9 | $527.8 | ||
| Gross Profit | $1095 | $1304.6 | $1856 | $1669.3 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $459.1 | $426.3 | $383.7 | $325.6 |
| Total operating expenses | $459.1 | $426.3 | $430.9 | $920.4 |
| Operating income | $635.9 | $878.3 | $1425.1 | $748.9 |
| Income from continuing operations | ||||
| EBIT | $634.1 | $878.3 | $1425.1 | $741.5 |
| Income tax expense | $81.5 | $175.9 | $302.6 | $128.5 |
| Interest expense | $266.5 | $166.6 | $164.2 | $192 |
| Net income | ||||
| Net income | $286.1 | $535.8 | $958.3 | $421 |
| Income (for common shares) | $286.1 | $535.8 | $958.3 | $421 |
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Net income | -$47.1 | $64.3 | $93.6 | |
| Operating activities | ||||
| Depreciation | $6.9 | $7.1 | $6.7 | |
| Business acquisitions & disposals | -$1033.6 | -$1089.4 | -$801 | |
| Stock-based compensation | $10.6 | $10.9 | $10.1 | |
| Total cash flows from operations | $204 | $310 | $311.2 | |
| Investing activities | ||||
| Capital expenditures | $2.8 | -$0.3 | -$1.7 | |
| Investments | $504.8 | $505.8 | $457.8 | |
| Total cash flows from investing | -$1533.9 | -$526 | -$583.9 | -$344.9 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | -$60.8 | -$176.5 | -$52.8 | |
| Net borrowings | $336.9 | $539.5 | $154.2 | |
| Total cash flows from financing | $947.6 | $272 | $370.6 | $66.4 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $245.4 | -$50 | $96.7 | $32.7 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $286.1 | $535.8 | $958.3 | $421 |
| Operating activities | ||||
| Depreciation | $26.6 | $25.6 | $26.3 | $23.8 |
| Business acquisitions & disposals | -$3216.5 | -$2760.8 | -$2256.5 | -$2396.3 |
| Stock-based compensation | $39.1 | $36.5 | $24.8 | $6.2 |
| Total cash flows from operations | $1203.8 | $1238.7 | $1069.4 | $985.2 |
| Investing activities | ||||
| Capital expenditures | -$4 | -$3.1 | -$7.6 | -$8.5 |
| Investments | $1803.7 | $2303.3 | $2701.4 | $1731.3 |
| Total cash flows from investing | -$1416.8 | -$460.6 | $437.3 | -$673.5 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | -$197.4 | -$769.4 | -$1460 | -$480.8 |
| Net borrowings | $490.5 | -$29 | $8.5 | $67.1 |
| Total cash flows from financing | $266.2 | -$794.6 | -$1468.7 | -$433.2 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $53.2 | -$16.5 | $38 | -$121.5 |
News
Fundamentals
| Market cap | $5.58B |
|---|---|
| Enterprise value | N/A |
| Shares outstanding | 12.11M |
| Revenue | $2.09B |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | $189.60M |
| Revenue Q/Q | 14.98% |
| Revenue Y/Y | 11.70% |
| P/E ratio | 29.45 |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | 2.67 |
| P/B ratio | N/A |
| Book/Share | N/A |
| Cash/Share | N/A |
| EPS | $15.65 |
|---|---|
| ROA | 2.32% |
| ROE | N/A |
| Debt/Equity | 3.34 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | 0.51 |
| Quick ratio | N/A |