Credit Acceptance
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Credit Acceptance's balance sheet done over the years? Its assets were worth $7,610,200,000 last year, which is more than in the previous period. 77% of Credit Acceptance’s total assets is currently financed by debt. Its liabilities reached the amount of $5,856,500,000, which means an increase by 11% compared compared to last year.
Debt to Assets
| 2014 | 2785400000 | 2.08B | 74.79% |
|---|---|---|---|
| 2015 | 3389400000 | 2.46B | 72.62% |
| 2016 | 4218000000 | 3.04B | 72.17% |
| 2017 | 4985600000 | 3.44B | 69.2% |
| 2018 | 6237400000 | 4.24B | 68.08% |
| 2019 | 7423200000 | 5.06B | 68.27% |
| 2020 | 7489000000 | 5.18B | 69.25% |
| 2021 | 7050900000 | 5.22B | 74.13% |
| 2022 | 6904700000 | 5.28B | 76.48% |
| 2023 | 7610200000 | 5.85B | 76.96% |
CACC Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 13.2M | 7.7M | 23.3M | 16M | 187.4M | 25.7M | 8.2M | 14.6M | 6.3M | 6.4M |
Short term investments | 6.9M | 72.3M | 62.1M | 66.09M | 59.3M | 58.6M | 46.1M | 45.3M | 48.3M | 53.2M |
Net receivables | 4.3M | 6.30B | 6.44B | 6.93B | 6.75B | 5.77B | 4.62B | 3.88B | 3.11B | 2.51B |
Inventory | 0 | 0 | 1.01B | 990.6M | 973.5M | 115.5M | 570.2M | 513.2M | 0 | 0 |
Other current assets | 0 | 482.3M | -546.3M | -544.3M | -583.9M | 246.7M | 0 | -243.2M | 0 | 0 |
Total current assets | 13.2M | 6.79B | 6.94B | 7.39B | 7.32B | 6.15B | 4.93B | 4.17B | 3.33B | 2.73B |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 46.5M | 51.4M | 57.3M | 59.4M | 59.7M | 40.2M | 20.5M | 18.2M | 18.9M | 20.9M |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term investments | 86.3M | 68.3M | 59.2M | 65M | 59.3M | 56.9M | 43.6M | 43.7M | 0 | 0 |
Other non-current assets | 7.46B | -369.8M | -383.4M | -358.6M | -287.4M | -198.6M | 33.4M | -172M | -211.9M | -180.4M |
Total non-current assets | 7.59B | 108.3M | 109.1M | 91.8M | 94.8M | 78.3M | 53.9M | 44.5M | 55.9M | 53.9M |
Total assets | 7.61B | 6.90B | 7.05B | 7.48B | 7.42B | 6.23B | 4.98B | 4.21B | 3.38B | 2.78B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 435.2M | 44.6M | 48.5M | 0 | -171.9M | 0 | 0 | 0 | 0 |
Short term debt | 0 | 1.50B | 2.6M | 95.9M | 11.3M | 171.9M | 0 | 749.6M | 489.7M | 119.5M |
Total current liabilities | 399.8M | 263.3M | 175.2M | 186.9M | 206.6M | 188.9M | 191.6M | 167.5M | 127.8M | 117.3M |
| Non-current liabilities: | ||||||||||
Long term debt | 4.99B | 4.59B | 4.61B | 4.60B | 4.53B | 3.82B | 3.07B | 2.60B | 1.59B | 1.75B |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 473.9M | 4.79B | 5.22B | 5.18B | 5.06B | 4.24B | 151.7M | 0 | 600.7M | 0 |
Total non-current liabilities | 5.85B | 5.01B | 5.05B | 4.99B | 4.86B | 4.05B | 3.25B | 2.87B | 2.33B | 1.96B |
Total liabilities | 5.85B | 5.28B | 5.22B | 5.18B | 5.06B | 4.24B | 3.44B | 3.04B | 2.46B | 2.08B |
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