Kenneth Booth - Credit Acceptance CFO and Chief Accounting Officer
| CACC Stock | USD 485.70 1.15 0.24% |
CFO
Mr. Kenneth S. Booth serves as Chief Financial Officer of Credit Acceptance Corporationration Mr. Booth joined Credit Acceptance in January 2004 as Director of Internal Audit. He was named Chief Accounting Officer in May 2004 and to his present position in December 2004. From August 1991 until joining us, Mr. Booth worked in public accounting, most recently as a senior manager at PricewaterhouseCoopers LLP. since 2004.
| Age | 58 |
| Tenure | 21 years |
| Address | 25505 West Twelve Mile Road, Southfield, MI, United States, 48034-8339 |
| Phone | 248 353 2700 |
| Web | https://www.creditacceptance.com |
Kenneth Booth Latest Insider Activity
Tracking and analyzing the buying and selling activities of Kenneth Booth against Credit Acceptance stock is an integral part of due diligence when investing in Credit Acceptance. Kenneth Booth insider activity provides valuable insight into whether Credit Acceptance is net buyers or sellers over its current business cycle. Note, Credit Acceptance insiders must abide by specific rules, including filing SEC forms every time they buy or sell Credit Acceptance'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Kenneth Booth over a month ago Acquisition by Kenneth Booth of 57104 shares of Credit Acceptance subject to Rule 16b-3 | ||
Kenneth Booth over two months ago Acquisition by Kenneth Booth of 57104 shares of Credit Acceptance subject to Rule 16b-3 |
Credit Acceptance Management Efficiency
The company has return on total asset (ROA) of 0.0301 % which means that it generated a profit of $0.0301 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1415 %, meaning that it created $0.1415 on every $100 dollars invested by stockholders. Credit Acceptance's management efficiency ratios could be used to measure how well Credit Acceptance manages its routine affairs as well as how well it operates its assets and liabilities. At present, Credit Acceptance's Return On Assets are projected to slightly decrease based on the last few years of reporting. The current year's Return On Equity is expected to grow to 0.18, whereas Return On Capital Employed is forecasted to decline to 0.1. At present, Credit Acceptance's Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Total Current Assets is expected to grow to about 9.2 B, whereas Non Current Assets Total are forecasted to decline to about 14 M.Similar Executives
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Management Performance
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.0301 |
Credit Acceptance Leadership Team
Elected by the shareholders, the Credit Acceptance's board of directors comprises two types of representatives: Credit Acceptance inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Credit. The board's role is to monitor Credit Acceptance's management team and ensure that shareholders' interests are well served. Credit Acceptance's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Credit Acceptance's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Wendy Rummler, Chief Officer | ||
| Douglas Busk, Senior Vice President Treasurer | ||
| Ravi Valiyaveettil, Chief Officer | ||
| Jonathan Lum, Chief Officer | ||
| Jay Martin, Senior Officer | ||
| Noah Kotch, Chief Officer | ||
| Ravi Mohan, Chief Officer | ||
| Arthur Smith, Chief Analytics Officer | ||
| Erin Kerber, Chief Officer | ||
| Andrew Rostami, Chief Officer | ||
| Daniel Ulatowski, Chief Sales Officer | ||
| Kenneth Booth, CFO and Chief Accounting Officer | ||
| Nicholas Elliott, Chief Officer |
Credit Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Credit Acceptance a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.0301 | ||||
| Profit Margin | 0.27 % | ||||
| Operating Margin | 0.58 % | ||||
| Current Valuation | 11.77 B | ||||
| Shares Outstanding | 12.03 M | ||||
| Shares Owned By Insiders | 39.06 % | ||||
| Shares Owned By Institutions | 65.81 % | ||||
| Number Of Shares Shorted | 431.42 K | ||||
| Price To Earning | 12.00 X |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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: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 closely tied 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.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Consumer Finance space 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 0.682 | Earnings Share 19.88 | Revenue Per Share | Quarterly Revenue Growth 0.33 | Return On Assets |
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.