CACC
Credit Acceptance Corp.
Halal Rating :
Last Price
$485.25
Last updated:
Market Cap
-
7D Change
7.45%
1 Year Change
-9.96%
Company Overview
Industries
Exchange
Next Earnings Date
Credit Acceptance Corporation is a consumer finance company that provides financing programs to automobile dealers. The company enables dealers to sell vehicles to consumers regardless of their credit history. Their primary business model involves advancing money to dealers for vehicles sold on credit and collecting the amounts due from the consumers.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $439.1m | $111.2m | $-111200000.0 | $111.2m | 25.32% | 100.00% |
| June 30, 2024 | $410.0m | $104.5m | $-104500000.0 | $104.5m | 25.49% | 100.00% |
| March 31, 2024 | $415.5m | $92.5m | $-92500000.0 | $92.5m | 22.26% | 100.00% |
Company Impact
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