Credit Capital Surpluse vs Short Term Investments Analysis

CACC Stock  USD 497.70  3.46  0.70%   
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 Capital Surpluse and its Short Term Investments 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 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.

Capital Surpluse vs Short Term Investments

Capital Surpluse vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Credit Acceptance Capital Surpluse account and Short Term Investments. At this time, the significance of the direction appears to have no relationship.
The correlation between Credit Acceptance's Capital Surpluse and Short Term Investments is 0.01. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Short Term Investments 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 Capital Surpluse and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Surpluse of Credit Acceptance are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Capital Surpluse i.e., Credit Acceptance's Capital Surpluse and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.01
Relationship DirectionPositive 
Relationship StrengthInsignificant

Capital Surpluse

Short Term Investments

Short Term Investments is an item under the current assets section of Credit Acceptance balance sheet. It contains any investments Credit Acceptance undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Credit Acceptance can easily liquidate in the marketplace.
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 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.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 Profit1.4B709.4M1.9B2.0B
Total Revenue1.8B1.2B1.9B2.0B

Credit Acceptance fundamental ratios Correlations

0.960.840.930.470.430.690.36-0.760.28-0.020.990.830.480.971.00.99-0.330.80.880.390.48-0.760.18-0.760.83
0.960.861.00.280.240.580.49-0.730.40.040.920.660.640.890.930.91-0.180.630.740.510.64-0.630.09-0.630.71
0.840.860.860.10.050.680.48-0.780.51-0.160.810.70.70.80.810.79-0.290.440.60.50.7-0.610.18-0.610.6
0.931.00.860.210.170.550.52-0.710.430.060.890.60.670.850.890.87-0.140.570.680.540.67-0.590.06-0.590.66
0.470.280.10.211.00.33-0.07-0.14-0.590.290.540.64-0.540.450.520.57-0.090.870.77-0.06-0.54-0.48-0.13-0.480.57
0.430.240.050.171.00.3-0.08-0.1-0.620.310.50.6-0.580.410.480.53-0.070.850.74-0.08-0.58-0.44-0.15-0.440.54
0.690.580.680.550.330.3-0.1-0.550.19-0.20.710.750.320.710.710.71-0.460.520.59-0.090.32-0.480.25-0.480.8
0.360.490.480.52-0.07-0.08-0.1-0.160.220.130.310.130.410.280.30.30.160.10.181.00.4-0.03-0.14-0.030.19
-0.76-0.73-0.78-0.71-0.14-0.1-0.55-0.16-0.520.24-0.75-0.6-0.59-0.78-0.76-0.740.44-0.51-0.63-0.19-0.590.79-0.380.79-0.51
0.280.40.510.43-0.59-0.620.190.22-0.52-0.380.230.030.850.30.240.19-0.25-0.21-0.040.230.85-0.260.35-0.260.01
-0.020.04-0.160.060.290.31-0.20.130.24-0.38-0.05-0.18-0.31-0.23-0.05-0.030.830.02-0.080.13-0.310.1-0.870.1-0.06
0.990.920.810.890.540.50.710.31-0.750.23-0.050.880.410.981.01.0-0.380.840.920.330.41-0.790.21-0.790.85
0.830.660.70.60.640.60.750.13-0.60.03-0.180.880.160.870.870.88-0.490.830.880.140.15-0.770.27-0.770.83
0.480.640.70.67-0.54-0.580.320.41-0.590.85-0.310.410.160.480.430.38-0.23-0.110.080.431.0-0.250.31-0.250.22
0.970.890.80.850.450.410.710.28-0.780.3-0.230.980.870.480.980.97-0.550.810.90.30.48-0.780.41-0.780.85
1.00.930.810.890.520.480.710.3-0.760.24-0.051.00.870.430.981.0-0.370.830.910.320.43-0.780.21-0.780.85
0.990.910.790.870.570.530.710.3-0.740.19-0.031.00.880.380.971.0-0.370.860.930.320.38-0.790.2-0.790.86
-0.33-0.18-0.29-0.14-0.09-0.07-0.460.160.44-0.250.83-0.38-0.49-0.23-0.55-0.37-0.37-0.37-0.440.15-0.230.4-0.950.4-0.44
0.80.630.440.570.870.850.520.1-0.51-0.210.020.840.83-0.110.810.830.86-0.370.980.12-0.11-0.730.17-0.730.76
0.880.740.60.680.770.740.590.18-0.63-0.04-0.080.920.880.080.90.910.93-0.440.980.20.07-0.80.25-0.80.79
0.390.510.50.54-0.06-0.08-0.091.0-0.190.230.130.330.140.430.30.320.320.150.120.20.42-0.06-0.14-0.060.19
0.480.640.70.67-0.54-0.580.320.4-0.590.85-0.310.410.151.00.480.430.38-0.23-0.110.070.42-0.250.3-0.250.22
-0.76-0.63-0.61-0.59-0.48-0.44-0.48-0.030.79-0.260.1-0.79-0.77-0.25-0.78-0.78-0.790.4-0.73-0.8-0.06-0.25-0.271.0-0.5
0.180.090.180.06-0.13-0.150.25-0.14-0.380.35-0.870.210.270.310.410.210.2-0.950.170.25-0.140.3-0.27-0.270.25
-0.76-0.63-0.61-0.59-0.48-0.44-0.48-0.030.79-0.260.1-0.79-0.77-0.25-0.78-0.78-0.790.4-0.73-0.8-0.06-0.251.0-0.27-0.5
0.830.710.60.660.570.540.80.19-0.510.01-0.060.850.830.220.850.850.86-0.440.760.790.190.22-0.50.25-0.5
Click cells to compare fundamentals

Credit Acceptance Account Relationship Matchups

Credit Acceptance fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.4B7.5B7.1B6.9B7.6B8.0B
Total Stockholder Equity2.4B2.3B1.8B1.6B1.8B1.8B
Property Plant And Equipment Net59.7M59.4M57.3M51.4M46.5M26.4M
Retained Earnings2.2B2.1B1.6B1.4B1.5B1.5B
Non Current Assets Total94.8M91.8M109.1M108.3M7.6B8.0B
Non Currrent Assets Other(287.4M)(358.6M)(383.4M)(369.8M)7.5B7.8B
Other Assets91.7M627M462.7M466.9M420.2M313.7M
Cash And Short Term Investments187.4M16M23.3M7.7M13.2M17.7M
Common Stock Shares Outstanding19.0M17.9M16.1M13.6M13.0M25.7M
Short Term Investments59.3M66.1M62.1M72.3M6.9M6.6M
Liabilities And Stockholders Equity7.4B7.5B7.1B6.9B7.6B8.0B
Other Stockholder Equity157.7M161.9M197.2M(1.1B)279M293.0M
Total Liab5.1B5.2B5.2B5.3B5.9B6.1B
Property Plant And Equipment Gross59.7M59.4M112.6M111.9M114.3M120.0M
Total Current Assets7.3B7.4B6.9B6.8B13.2M12.5M
Short Long Term Debt Total4.6B4.6B4.6B6.1B5.1B5.3B
Net Debt4.4B4.6B4.6B4.6B5.1B5.3B
Non Current Liabilities Total4.9B5.0B5.1B5.0B5.9B6.1B
Other Current Liab(11.1M)(282.6M)(177.6M)(1.9B)(399.8M)(379.8M)
Total Current Liabilities206.6M186.9M175.2M263.3M399.8M419.8M
Accounts Payable206.4M186.7M175M260.8M318.8M334.7M
Cash187.4M16M23.3M7.7M13.2M18.0M
Net Receivables6.8B6.9B6.4B6.3B4.3M4.1M
Accumulated Other Comprehensive Income800K1.6M200K(2.9M)(1M)(950K)
Short Term Debt11.3M95.9M2.6M1.5B74.1M70.4M
Other Liab322.5M391M435.2M426.7M490.7M515.2M
Long Term Debt4.5B4.5B4.6B4.6B5.1B5.3B
Other Current Assets(583.9M)381.3M413.9M482.3M(482.1M)(458.0M)
Property Plant Equipment59.7M59.4M57.3M51.4M59.1M34.6M
Inventory973.5M990.6M1.0B946.6M1.1B1.1B
Net Tangible Assets2.4B2.3B1.8B1.6B1.9B1.5B
Retained Earnings Total Equity2.2B2.1B1.6B1.4B1.6B1.4B
Long Term Debt Total4.5B4.5B4.6B4.6B5.2B3.1B
Capital Surpluse157.7M161.9M197.2M245.7M282.6M296.7M
Deferred Long Term Liab322.5M391M435.2M426.7M490.7M515.2M
Long Term Investments6.7B6.8B6.3B6.3B7.2B4.7B
Short Long Term Debt171.9M700K95.9M2.6M2.3M2.2M
Net Invested Capital6.9B6.9B6.4B6.2B6.8B6.9B

Also Currently Popular

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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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
0.169
Earnings Share
14.93
Revenue Per Share
67.945
Quarterly Revenue Growth
0.138
Return On Assets
0.0236
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.