Credit Common Stock vs Total Assets Analysis

CACC Stock

USD 526.60 11.08 2.15%

Credit Acceptance financial indicator trend analysis is way more than just evaluating Credit Acceptance prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Credit Acceptance is a good investment. Please check the relationship between Credit Acceptance Common Stock and its Total Assets accounts. 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.

Common Stock vs Total Assets

Common Stock vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Credit Acceptance Common Stock account and Total Assets. At this time, the significance of the direction appears to have pay attention.

The correlation between Credit Acceptance's Common Stock and Total Assets is -0.76. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Total Assets in the same time period over historical financial statements of Credit Acceptance, assuming nothing else is changed. The correlation between historical values of Credit Acceptance's Common Stock and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Credit Acceptance are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Common Stock i.e., Credit Acceptance's Common Stock and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.76

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Common Stock

Total Assets

Total assets refers to the total amount of Credit Acceptance assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Credit Acceptance books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Most indicators from Credit Acceptance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 Enterprise Value is projected to increase significantly based on the last few years of reporting.

	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 fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Short Term Investments	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Long Term Debt Total	Net Debt	Non Current Liabilities Total	Other Current Liab	Total Current Liabilities	Accounts Payable	Cash	Net Receivables	Common Stock Total Equity	Short Term Debt	Common Stock	Other Liab
Total Assets		0.96	0.84	0.93	0.85	-0.21	0.69	0.36	-0.76	0.28	0.8	0.99	0.83	1.0	1.0	1.0	1.0	-0.19	0.8	0.88	0.39	1.0	-0.76	0.18	-0.76	0.83
Total Stockholder Equity	0.96		0.86	1.0	0.69	-0.35	0.58	0.49	-0.73	0.4	0.62	0.92	0.66	0.96	0.93	0.93	0.93	-0.08	0.63	0.74	0.51	0.96	-0.63	0.09	-0.63	0.71
Property Plant And Equipment Net	0.84	0.86		0.86	0.61	-0.55	0.68	0.48	-0.78	0.51	0.54	0.81	0.7	0.84	0.82	0.81	0.82	-0.21	0.44	0.6	0.5	0.83	-0.61	0.18	-0.61	0.6
Retained Earnings	0.93	1.0	0.86		0.63	-0.39	0.55	0.52	-0.71	0.43	0.55	0.89	0.6	0.93	0.9	0.89	0.9	-0.05	0.57	0.68	0.54	0.93	-0.59	0.06	-0.59	0.66
Non Current Assets Total	0.85	0.69	0.61	0.63		0.22	0.62	0.15	-0.57	-0.13	0.87	0.89	0.92	0.84	0.87	0.88	0.87	-0.09	0.95	0.96	0.17	0.84	-0.81	0.07	-0.81	0.76
Non Currrent Assets Other	-0.21	-0.35	-0.55	-0.39	0.22		-0.26	-0.24	0.44	-0.88	0.13	-0.15	0.0	-0.22	-0.17	-0.17	-0.18	0.35	0.37	0.18	-0.25	-0.21	0.11	-0.34	0.11	-0.01
Other Assets	0.69	0.58	0.68	0.55	0.62	-0.26		-0.1	-0.55	0.19	0.7	0.71	0.75	0.68	0.7	0.71	0.71	-0.32	0.52	0.59	-0.09	0.69	-0.48	0.25	-0.48	0.8
Cash And Short Term Investments	0.36	0.49	0.48	0.52	0.15	-0.24	-0.1		-0.16	0.22	0.11	0.31	0.13	0.37	0.33	0.3	0.32	0.13	0.1	0.18	1.0	0.36	-0.03	-0.14	-0.03	0.19
Common Stock Shares Outstanding	-0.76	-0.73	-0.78	-0.71	-0.57	0.44	-0.55	-0.16		-0.52	-0.6	-0.75	-0.6	-0.76	-0.75	-0.76	-0.76	0.37	-0.51	-0.63	-0.19	-0.76	0.79	-0.38	0.79	-0.51
Short Term Investments	0.28	0.4	0.51	0.43	-0.13	-0.88	0.19	0.22	-0.52		-0.04	0.23	0.03	0.29	0.24	0.24	0.25	-0.35	-0.21	-0.04	0.23	0.28	-0.26	0.35	-0.26	0.01
Other Stockholder Equity	0.8	0.62	0.54	0.55	0.87	0.13	0.7	0.11	-0.6	-0.04		0.85	0.89	0.8	0.83	0.84	0.84	-0.34	0.88	0.89	0.13	0.8	-0.75	0.3	-0.75	0.84
Total Liab	0.99	0.92	0.81	0.89	0.89	-0.15	0.71	0.31	-0.75	0.23	0.85		0.88	0.99	1.0	1.0	1.0	-0.22	0.84	0.92	0.33	0.99	-0.79	0.21	-0.79	0.85
Property Plant And Equipment Gross	0.83	0.66	0.7	0.6	0.92	0.0	0.75	0.13	-0.6	0.03	0.89	0.88		0.83	0.87	0.87	0.87	-0.31	0.83	0.88	0.14	0.83	-0.77	0.27	-0.77	0.83
Total Current Assets	1.0	0.96	0.84	0.93	0.84	-0.22	0.68	0.37	-0.76	0.29	0.8	0.99	0.83		1.0	0.99	1.0	-0.19	0.79	0.88	0.39	1.0	-0.76	0.19	-0.76	0.82
Short Long Term Debt Total	1.0	0.93	0.82	0.9	0.87	-0.17	0.7	0.33	-0.75	0.24	0.83	1.0	0.87	1.0		1.0	1.0	-0.21	0.83	0.91	0.35	1.0	-0.78	0.2	-0.78	0.85
Net Debt	1.0	0.93	0.81	0.89	0.88	-0.17	0.71	0.3	-0.76	0.24	0.84	1.0	0.87	0.99	1.0		1.0	-0.22	0.83	0.91	0.32	1.0	-0.78	0.21	-0.78	0.85
Non Current Liabilities Total	1.0	0.93	0.82	0.9	0.87	-0.18	0.71	0.32	-0.76	0.25	0.84	1.0	0.87	1.0	1.0	1.0		-0.22	0.82	0.9	0.34	1.0	-0.79	0.21	-0.79	0.85
Other Current Liab	-0.19	-0.08	-0.21	-0.05	-0.09	0.35	-0.32	0.13	0.37	-0.35	-0.34	-0.22	-0.31	-0.19	-0.21	-0.22	-0.22		-0.17	-0.26	0.13	-0.19	0.27	-0.99	0.27	-0.27
Total Current Liabilities	0.8	0.63	0.44	0.57	0.95	0.37	0.52	0.1	-0.51	-0.21	0.88	0.84	0.83	0.79	0.83	0.83	0.82	-0.17		0.98	0.12	0.8	-0.73	0.17	-0.73	0.76
Accounts Payable	0.88	0.74	0.6	0.68	0.96	0.18	0.59	0.18	-0.63	-0.04	0.89	0.92	0.88	0.88	0.91	0.91	0.9	-0.26	0.98		0.2	0.88	-0.8	0.25	-0.8	0.79
Cash	0.39	0.51	0.5	0.54	0.17	-0.25	-0.09	1.0	-0.19	0.23	0.13	0.33	0.14	0.39	0.35	0.32	0.34	0.13	0.12	0.2		0.38	-0.06	-0.14	-0.06	0.19
Net Receivables	1.0	0.96	0.83	0.93	0.84	-0.21	0.69	0.36	-0.76	0.28	0.8	0.99	0.83	1.0	1.0	1.0	1.0	-0.19	0.8	0.88	0.38		-0.76	0.18	-0.76	0.82
Common Stock Total Equity	-0.76	-0.63	-0.61	-0.59	-0.81	0.11	-0.48	-0.03	0.79	-0.26	-0.75	-0.79	-0.77	-0.76	-0.78	-0.78	-0.79	0.27	-0.73	-0.8	-0.06	-0.76		-0.27	1.0	-0.5
Short Term Debt	0.18	0.09	0.18	0.06	0.07	-0.34	0.25	-0.14	-0.38	0.35	0.3	0.21	0.27	0.19	0.2	0.21	0.21	-0.99	0.17	0.25	-0.14	0.18	-0.27		-0.27	0.25
Common Stock	-0.76	-0.63	-0.61	-0.59	-0.81	0.11	-0.48	-0.03	0.79	-0.26	-0.75	-0.79	-0.77	-0.76	-0.78	-0.78	-0.79	0.27	-0.73	-0.8	-0.06	-0.76	1.0	-0.27		-0.5
Other Liab	0.83	0.71	0.6	0.66	0.76	-0.01	0.8	0.19	-0.51	0.01	0.84	0.85	0.83	0.82	0.85	0.85	0.85	-0.27	0.76	0.79	0.19	0.82	-0.5	0.25	-0.5

Click cells to compare fundamentals

Credit Acceptance Account Relationship Matchups

Credit Acceptance fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.4B	7.5B	7.1B	6.9B	7.6B	8.0B
Total Stockholder Equity	2.4B	2.3B	1.8B	1.6B	1.8B	1.8B
Property Plant And Equipment Net	59.7M	59.4M	57.3M	51.4M	46.5M	26.4M
Retained Earnings	2.2B	2.1B	1.6B	1.4B	1.5B	1.5B
Non Current Assets Total	94.8M	91.8M	109.1M	108.3M	172.9M	181.5M
Non Currrent Assets Other	(287.4M)	(358.6M)	(383.4M)	(369.8M)	126.4M	132.7M
Other Assets	91.7M	627M	462.7M	466.9M	420.2M	313.7M
Cash And Short Term Investments	187.4M	16M	23.3M	7.7M	13.2M	17.7M
Common Stock Shares Outstanding	19.0M	17.9M	16.1M	13.6M	13.0M	25.7M
Short Term Investments	59.3M	66.1M	62.1M	72.3M	6.9M	6.6M
Liabilities And Stockholders Equity	7.4B	7.5B	7.1B	6.9B	7.6B	8.0B
Other Stockholder Equity	157.7M	161.9M	197.2M	245.7M	279M	293.0M
Total Liab	5.1B	5.2B	5.2B	5.3B	5.9B	6.1B
Property Plant And Equipment Gross	59.7M	59.4M	112.6M	111.9M	114.3M	120.0M
Total Current Assets	7.3B	7.4B	6.9B	6.8B	7.4B	7.8B
Short Long Term Debt Total	4.5B	4.6B	4.6B	4.6B	5.1B	5.3B
Net Debt	4.4B	4.6B	4.6B	4.6B	5.1B	5.3B
Non Current Liabilities Total	4.9B	5.0B	5.1B	5.0B	5.5B	5.7B
Other Current Liab	(11.1M)	(144.2M)	(47M)	(1.9B)	(60.7M)	(63.7M)
Total Current Liabilities	206.6M	186.9M	175.2M	263.3M	399.8M	419.8M
Accounts Payable	206.4M	186.7M	175M	260.8M	318.8M	334.7M
Cash	187.4M	16M	23.3M	7.7M	13.2M	18.0M
Net Receivables	6.8B	6.9B	6.4B	6.3B	7.0B	7.3B
Accumulated Other Comprehensive Income	800K	1.6M	200K	(2.9M)	(1M)	(950K)
Short Term Debt	11.3M	95.9M	2.6M	1.5B	74.1M	70.4M
Other Liab	322.5M	391M	435.2M	426.7M	490.7M	515.2M
Long Term Debt	4.5B	4.5B	4.6B	4.6B	5.1B	5.3B
Other Current Assets	(583.9M)	(544.3M)	(546.3M)	482.3M	(482.1M)	(458.0M)
Property Plant Equipment	59.7M	59.4M	57.3M	51.4M	59.1M	34.6M
Inventory	973.5M	990.6M	1.0B	946.6M	1.1B	1.1B
Net Tangible Assets	2.4B	2.3B	1.8B	1.6B	1.9B	1.5B
Retained Earnings Total Equity	2.2B	2.1B	1.6B	1.4B	1.6B	1.4B
Long Term Debt Total	4.5B	4.5B	4.6B	4.6B	5.2B	3.1B
Capital Surpluse	157.7M	161.9M	197.2M	245.7M	282.6M	296.7M
Deferred Long Term Liab	322.5M	391M	435.2M	426.7M	490.7M	515.2M
Long Term Investments	6.7B	6.8B	6.3B	6.3B	7.2B	4.7B
Short Long Term Debt	171.9M	700K	95.9M	2.6M	2.3M	2.2M
Net Invested Capital	6.9B	6.9B	6.4B	6.2B	6.8B	6.9B

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.

Moving against Credit Stock

0.57	GS	Goldman Sachs Group Financial Report 17th of July 2024	Pair Corr
0.53	DB	Deutsche Bank AG Normal Trading	Pair Corr
0.5	LU	Lufax Holding Financial Report 27th of May 2024	Pair Corr
0.49	AXP	American Express Financial Report 19th of July 2024	Pair Corr
0.41	C	Citigroup Aggressive Push	Pair Corr

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?

Details

Largest Consumer Finance Companies

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Largest Financial Services Companies

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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.

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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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

22.01

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 Common Stock vs Total Assets Analysis

Common Stock vs Total Assets

Common Stock vs Total Assets Correlation Analysis

Correlation Coefficient

Common Stock

Total Assets

Credit Acceptance fundamental ratios Correlations

Credit Acceptance Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Credit Acceptance fundamental ratios Accounts

Pair Trading with Credit Acceptance

Moving against Credit Stock

Complementary Tools for Credit Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Assets
Short Long Term Debt Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Assets
Net Receivables	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Stockholder Equity

Short Term Debt	- 0.99	Other Current Liab
Short Term Investments	- 0.88	Non Currrent Assets Other
Common Stock	- 0.81	Non Current Assets Total
Common Stock Total Equity	- 0.81	Non Current Assets Total
Common Stock	- 0.8	Accounts Payable
Common Stock Total Equity	- 0.8	Accounts Payable