Credit Historical Income Statement

CACC Stock

USD 522.22 0.04 0.01%

Historical analysis of Credit Acceptance income statement accounts such as Interest Expense of 277.7 M, Selling General Administrative of 44 M or Selling And Marketing Expenses of 96.3 M can show how well Credit Acceptance performed in making a profits. Evaluating Credit Acceptance income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Credit Acceptance's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Credit Acceptance latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Credit Acceptance is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Credit Acceptance. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

For information on how to trade Credit Stock refer to our How to Trade Credit Stock guide.

About Credit Income Statement Analysis

Credit Acceptance Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Credit Acceptance shareholders. The income statement also shows Credit investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Credit Acceptance Income Statement Chart

Credit Acceptance Income Statement is one of the three primary financial statements used for reporting Credit's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Credit Acceptance revenue and expense. Credit Acceptance Income Statement primarily focuses on the company's revenues and expenses during a particular period.

At present, Credit Acceptance's Selling And Marketing Expenses is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 2 B, whereas Depreciation And Amortization is forecasted to decline to about 25.3 M.

Selling General Administrative Selling And Marketing Expenses Total Revenue Gross Profit

Total Revenue

Total revenue comprises all receipts Credit Acceptance generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Credit Acceptance minus its cost of goods sold. It is profit before Credit Acceptance operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most accounts from Credit Acceptance's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Credit Acceptance current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Credit Acceptance. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

For information on how to trade Credit Stock refer to our How to Trade Credit Stock guide.At present, Credit Acceptance's Selling And Marketing Expenses is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 2 B, whereas Depreciation And Amortization is forecasted to decline to about 25.3 M.

	2021	2022	2023	2024 (projected)
Gross Profit	1.4B	709.4M	1.9B	2.0B
Total Revenue	1.8B	1.2B	1.9B	2.0B

Gross Profit Total Revenue

Credit Acceptance income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Selling And Marketing Expenses	Total Revenue	Gross Profit	Operating Income	Ebit	Ebitda	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Other Operating Expenses	Total Operating Expenses	Cost Of Revenue	Extraordinary Items	Net Income From Continuing Ops	Non Recurring	Non Operating Income Net Other	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		-0.19	-0.23	-0.24	-0.24	-0.22	-0.17	-0.17	1.0	-0.17	0.02	-0.19	-0.09	-0.2	-0.19	-0.24	-0.09	-0.25	-0.33	-0.36	0.02	0.02	-0.1	-0.23
Interest Expense	-0.19		0.52	0.83	0.9	0.94	0.27	0.27	-0.16	0.27	-0.22	0.32	0.09	0.78	0.52	0.83	-0.28	0.44	0.64	0.49	-0.24	-0.12	0.34	0.67
Selling General Administrative	-0.23	0.52		0.77	0.8	0.66	0.77	0.76	-0.16	0.77	0.07	0.8	0.59	0.6	0.62	0.77	-0.47	0.77	0.87	0.58	0.17	-0.34	0.48	0.82
Selling And Marketing Expenses	-0.24	0.83	0.77		0.95	0.9	0.46	0.45	-0.21	0.46	-0.07	0.5	0.29	0.89	0.75	0.97	-0.47	0.58	0.81	0.66	-0.21	-0.24	0.47	0.81
Total Revenue	-0.24	0.9	0.8	0.95		0.96	0.53	0.53	-0.19	0.53	-0.16	0.57	0.35	0.85	0.7	0.95	-0.42	0.67	0.79	0.58	-0.06	-0.33	0.54	0.87
Gross Profit	-0.22	0.94	0.66	0.9	0.96		0.31	0.31	-0.19	0.32	-0.3	0.36	0.14	0.9	0.65	0.93	-0.28	0.5	0.68	0.46	-0.19	-0.38	0.59	0.82
Operating Income	-0.17	0.27	0.77	0.46	0.53	0.31		1.0	-0.08	1.0	0.39	0.99	0.91	0.08	0.13	0.39	-0.54	0.92	0.62	0.57	0.62	0.07	0.0	0.46
Ebit	-0.17	0.27	0.76	0.45	0.53	0.31	1.0		-0.09	1.0	0.38	0.99	0.91	0.08	0.12	0.39	-0.54	0.92	0.62	0.57	0.62	0.07	0.0	0.46
Ebitda	1.0	-0.16	-0.16	-0.21	-0.19	-0.19	-0.08	-0.09		-0.08	0.05	-0.1	-0.01	-0.19	-0.18	-0.21	-0.14	-0.17	-0.28	-0.31	0.07	0.03	-0.1	-0.19
Income Before Tax	-0.17	0.27	0.77	0.46	0.53	0.32	1.0	1.0	-0.08		0.38	0.99	0.91	0.09	0.14	0.4	-0.53	0.92	0.63	0.57	0.62	0.06	0.01	0.48
Total Other Income Expense Net	0.02	-0.22	0.07	-0.07	-0.16	-0.3	0.39	0.38	0.05	0.38		0.35	0.44	-0.38	-0.27	-0.23	-0.39	0.2	0.16	0.47	0.22	0.44	-0.45	-0.35
Net Income	-0.19	0.32	0.8	0.5	0.57	0.36	0.99	0.99	-0.1	0.99	0.35		0.85	0.14	0.19	0.45	-0.48	0.95	0.69	0.59	0.57	0.05	0.03	0.53
Income Tax Expense	-0.09	0.09	0.59	0.29	0.35	0.14	0.91	0.91	-0.01	0.91	0.44	0.85		-0.08	-0.05	0.2	-0.64	0.73	0.35	0.45	0.73	0.07	-0.06	0.25
Other Operating Expenses	-0.2	0.78	0.6	0.89	0.85	0.9	0.08	0.08	-0.19	0.09	-0.38	0.14	-0.08		0.87	0.94	-0.2	0.28	0.63	0.38	-0.43	-0.51	0.71	0.83
Total Operating Expenses	-0.19	0.52	0.62	0.75	0.7	0.65	0.13	0.12	-0.18	0.14	-0.27	0.19	-0.05	0.87		0.79	-0.2	0.26	0.64	0.36	-0.4	-0.58	0.72	0.78
Cost Of Revenue	-0.24	0.83	0.77	0.97	0.95	0.93	0.39	0.39	-0.21	0.4	-0.23	0.45	0.2	0.94	0.79		-0.33	0.57	0.78	0.54	-0.18	-0.36	0.58	0.91
Extraordinary Items	-0.09	-0.28	-0.47	-0.47	-0.42	-0.28	-0.54	-0.54	-0.14	-0.53	-0.39	-0.48	-0.64	-0.2	-0.2	-0.33		-0.29	-0.3	-0.35	-0.06	-0.04	-0.01	-0.15
Net Income From Continuing Ops	-0.25	0.44	0.77	0.58	0.67	0.5	0.92	0.92	-0.17	0.92	0.2	0.95	0.73	0.28	0.26	0.57	-0.29		0.7	0.59	0.55	-0.03	0.15	0.65
Non Recurring	-0.33	0.64	0.87	0.81	0.79	0.68	0.62	0.62	-0.28	0.63	0.16	0.69	0.35	0.63	0.64	0.78	-0.3	0.7		0.79	-0.09	-0.06	0.28	0.73
Non Operating Income Net Other	-0.36	0.49	0.58	0.66	0.58	0.46	0.57	0.57	-0.31	0.57	0.47	0.59	0.45	0.38	0.36	0.54	-0.35	0.59	0.79		0.0	0.21	-0.03	0.37
Tax Provision	0.02	-0.24	0.17	-0.21	-0.06	-0.19	0.62	0.62	0.07	0.62	0.22	0.57	0.73	-0.43	-0.4	-0.18	-0.06	0.55	-0.09	0.0		0.04	-0.13	0.05
Interest Income	0.02	-0.12	-0.34	-0.24	-0.33	-0.38	0.07	0.07	0.03	0.06	0.44	0.05	0.07	-0.51	-0.58	-0.36	-0.04	-0.03	-0.06	0.21	0.04		-0.96	-0.52
Net Interest Income	-0.1	0.34	0.48	0.47	0.54	0.59	0.0	0.0	-0.1	0.01	-0.45	0.03	-0.06	0.71	0.72	0.58	-0.01	0.15	0.28	-0.03	-0.13	-0.96		0.69
Reconciled Depreciation	-0.23	0.67	0.82	0.81	0.87	0.82	0.46	0.46	-0.19	0.48	-0.35	0.53	0.25	0.83	0.78	0.91	-0.15	0.65	0.73	0.37	0.05	-0.52	0.69

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Credit Acceptance Account Relationship Matchups

Credit Acceptance income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	22.4M	23.8M	26.3M	25.6M	26.6M	25.3M
Interest Expense	196.2M	192M	164.3M	25.6M	264.5M	277.7M
Selling General Administrative	65.1M	69.6M	100.3M	88.7M	87.2M	44.0M
Selling And Marketing Expenses	70.2M	69.5M	65.3M	75.6M	91.7M	96.3M
Total Revenue	1.4B	1.6B	1.8B	1.2B	1.9B	2.0B
Gross Profit	1.0B	1.2B	1.4B	709.4M	1.9B	2.0B
Operating Income	837.1M	540.5M	1.2B	686.1M	367.6M	303.8M
Ebit	837.1M	540.5M	1.2B	686.1M	367.6M	306.8M
Ebitda	859.5M	564.3M	1.3B	711.7M	367.6M	349.2M
Income Before Tax	855.9M	549.5M	1.3B	711.7M	367.6M	304.5M
Total Other Income Expense Net	18.8M	9M	26.3M	25.6M	(12.8M)	(12.2M)
Net Income	656.1M	421M	958.3M	535.8M	286.1M	217.0M
Income Tax Expense	199.8M	128.5M	302.6M	175.9M	81.5M	87.6M
Other Operating Expenses	562.7M	1.1B	542M	1.0B	1.5B	1.6B
Total Operating Expenses	173.2M	684.3M	159.7M	608.7M	459.1M	482.1M
Cost Of Revenue	419.6M	416.4M	421.1M	475M	583M	612.2M
Net Income Applicable To Common Shares	656.1M	421M	958.3M	535.8M	616.2M	647.0M
Net Income From Continuing Ops	656.1M	421M	958.3M	535.8M	319.8M	464.9M
Tax Provision	199.8M	128.5M	302.6M	175.9M	94.4M	139.5M
Interest Income	196.2M	2.9M	1.2M	6.6M	18M	17.1M
Net Interest Income	(196.2M)	2.9M	1.2M	6.6M	18M	18.9M
Reconciled Depreciation	22.4M	23.8M	26.3M	25.6M	26.2M	25.2M

Pair Trading with Credit Acceptance

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Credit Acceptance position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Credit Acceptance will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to Credit Acceptance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Credit Acceptance when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Credit Acceptance - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Credit Acceptance to buy it.

The correlation of Credit Acceptance is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Credit Acceptance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Credit Acceptance moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Credit Acceptance can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Credit Acceptance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Credit Acceptance's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Credit Acceptance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Credit Acceptance Stock:

How To Invest In Credit

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Is Credit Stock a good investment?

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What is Credit Acceptance's Net Worth?

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For information on how to trade Credit Stock refer to our How to Trade Credit Stock guide.

Note that the Credit Acceptance information on this page should be used as a complementary analysis to other Credit Acceptance's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

Complementary Tools for Credit Stock analysis

When running Credit Acceptance's price analysis, check to measure Credit Acceptance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Credit Acceptance is operating at the current time. Most of Credit Acceptance's value examination focuses on studying past and present price action to predict the probability of Credit Acceptance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Credit Acceptance's price. Additionally, you may evaluate how the addition of Credit Acceptance to your portfolios can decrease your overall portfolio volatility.

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Is Credit Acceptance's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Credit Acceptance. If investors know Credit will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Credit Acceptance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.24)

Earnings Share

21.99

Revenue Per Share

69.418

Quarterly Revenue Growth

(0.11)

Return On Assets

0.0394

The market value of Credit Acceptance is measured differently than its book value, which is the value of Credit that is recorded on the company's balance sheet. Investors also form their own opinion of Credit Acceptance's value that differs from its market value or its book value, called intrinsic value, which is Credit Acceptance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Credit Acceptance's market value can be influenced by many factors that don't directly affect Credit Acceptance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Credit Acceptance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Credit Acceptance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Credit Acceptance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Credit Historical Income Statement

About Credit Income Statement Analysis

Credit Acceptance Income Statement Chart

Total Revenue

Gross Profit

Credit Acceptance income statement Correlations

Credit Acceptance Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Credit Acceptance income statement Accounts

Pair Trading with Credit Acceptance

Complementary Tools for Credit Stock analysis

COMMON DESTINATIONS

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COMPANY

Ebitda	+ 1.0	Depreciation And Amortization
Ebit	+ 1.0	Operating Income
Income Before Tax	+ 1.0	Operating Income
Income Before Tax	+ 1.0	Ebit
Net Income	+ 0.99	Operating Income
Net Income	+ 0.99	Ebit

Net Interest Income	- 0.96	Interest Income
Extraordinary Items	- 0.64	Income Tax Expense
Interest Income	- 0.58	Total Operating Expenses
Extraordinary Items	- 0.54	Ebit
Extraordinary Items	- 0.54	Operating Income
Extraordinary Items	- 0.53	Income Before Tax