Credit Acceptance Corporation

Credit Acceptance Corporation - Current Ratioverified

CACC

Price:

$579.73

Market Cap:

$6.06B

Credit Acceptance Corporation (CACC) operates nationwide, serving as a financial partner for both independent and franchised automobile dealerships across the United States. The company's core business involves two primary methods of engaging with these dealers: 1. It furnishes upfront capital to dealerships, securing the privilege to administer and collect payments on the subsequent consumer loans. 2. Alternatively, CACC directly purchases consumer loan portfolios from dealers, then manages the collection of payments from borrowers and retains the proceeds. Beyond its direct lending activities, the corporation also participates in the reinsurance market, underwriting vehicle service contrac...[Read more]

Industry

Financial - Credit Services

IPO Date

1992-06-05

Stock Exchange

NASDAQ

Ticker

CACC

The Current Ratio as of June 2026 (TTM) for Credit Acceptance Corporation (CACC) is 20.57

According to Credit Acceptance Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 20.57. This represents a change of 94.32% compared to the average of 10.59 of the last 4 quarters.

Credit Acceptance Corporation (CACC) Historical Current Ratio (quarterly & annually)

How has CACC Current Ratio performed in the past?

The mean historical Current Ratio of Credit Acceptance Corporation over the last ten years is 19.75. The current 20.57 Current Ratio has changed 10.32% with respect to the historical average. Over the past ten years (40 quarters), CACC's Current Ratio was at its highest in in the March 2020 quarter at 41.68. The Current Ratio was at its lowest in in the December 2019 quarter at 0.

Quarterly (TTM)
Annual

Average

19.75

Median

25.33

Minimum

0

Maximum

39.28

Credit Acceptance Corporation (CACC) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Credit Acceptance Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 0%

Maximum Annual Current Ratio = 39.28

Minimum Annual Increase = 0%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20250.26Infinity%
202400%
202300%
20220-100.00%
202139.280.14%
202039.2310.60%
201935.478.79%
201832.6126.67%
201725.743.30%
201624.92-4.48%

Credit Acceptance Corporation (CACC) Average Current Ratio

How has CACC Current Ratio performed in the past?

The current Current Ratio of Credit Acceptance Corporation (CACC) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

0.09

5-year avg

7.91

10-year avg

19.75

Credit Acceptance Corporation (CACC) Current Ratio vs. Peers

How is CACC’s Current Ratio compared to its peers?

Credit Acceptance Corporation’s Current Ratio is greater than Navient Corporation SR NT 6% 121543 (0.36), greater than Nelnet, Inc. (0), greater than SLM Corporation (13.93), less than United Bankshares, Inc. (33.20), greater than Grupo Aval Acciones y Valores S.A. (0.48), greater than Ameris Bancorp (0.08), greater than Main Street Capital Corporation (0.16), greater than Virtu Financial, Inc. (0.54), greater than Home Bancshares, Inc. (0.29), greater than Raymond James Financial, Inc. (0.37),

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