Credit Acceptance Corporation
Credit Acceptance Corporation provides financing programs, and related products and services to independent and franchised automobile dealers in the United States. The company advances money to dealers in exchange for the right to service the underlying consumer loans; and buys the consumer loans from the dealers and keeps various amounts collected from the consumers. It is also involved in the business of reinsuring coverage under vehicle service contracts sold to consumers by dealers on vehicles financed by the company. The company was founded in 1972 and is headquartered in Southfield, Michigan. Show More...
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Website https://www.creditacceptance.com
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Sector Financial Services
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Industry Credit Services
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Last Quote 477.30 USD
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Last Updated 30-05-2025
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External Links Yahoo Finance Morningstar Ratios
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Interest Coverage
The interest coverage ratio is a debt ratio and profitability ratio used to determine how easily a company can pay interest on its outstanding debt.
Reference: Investopedia -
2010-12 2011-12 2012-12 2013-12 2014-12 2015-12 2016-12 2017-12 2018-12 2019-12 TTM Earnings Per Share USD 5.67 7.07 8.58 10.54 11.92 14.28 16.31 24.04 29.39 34.57 21.31 Dividends USD Payout Ratio % * Shares Mil 30.0 27.0 26.0 24.0 22.0 21.0 20.0 20.0 20.0 19.0 19.0 Book Value Per Share * USD 17.38 19.25 25.79 30.07 36.34 46.26 58.64 70.0 103.48 129.83 111.4 Free Cash Flow Per Share * USD 6.58 9.13 11.71 12.54 16.04 18.66 22.5 27.81 32.24 40.95 Return on Assets % 13.5 12.12 11.29 11.08 10.2 9.71 8.75 10.22 10.23 9.61 5.82 Financial Leverage (Average) 2.83 3.26 3.43 3.24 3.97 3.65 3.59 3.25 3.13 3.15 3.69 Return on Equity % 34.97 37.07 37.82 36.9 36.66 36.77 31.67 34.71 32.55 30.19 20.32 Return on Invested Capital % 18.67 16.63 15.26 14.67 13.14 12.72 11.71 13.5 13.3 12.87 8.54 Interest Coverage 6.31 6.18 6.41 7.13 8.42 7.24 6.44 5.86 5.82 5.36 3.64 Current Ratio 0.34 0.79 13.38 9.92 11.54 17.97 24.92 24.0 17.07 35.47 28.62 Quick Ratio 0.02 0.04 12.49 9.23 10.64 16.81 23.3 22.53 16.07 33.59 26.74 Debt/Equity 1.16 1.77 1.94 1.71 2.33 2.18 2.22 1.99 1.83 1.93 2.42