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Credit Acceptance ROA 2024

Credit Acceptance ROA

0.04

Credit Acceptance Dividend yield

Ticker

CACC

ISIN

US2253101016

WKN

884343

In 2024, Credit Acceptance's return on assets (ROA) was 0.04, a -51.55% increase from the 0.08 ROA in the previous year.

Credit Acceptance Aktienanalyse

What does Credit Acceptance do?

Credit Acceptance Corp is a US financial services provider specializing in providing auto loans for people with poor credit. The company was founded in 1972 and is headquartered in Southfield, Michigan. It employs around 8,000 people and has branches in several US states. Credit Acceptance ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Credit Acceptance's Return on Assets (ROA)

Credit Acceptance's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Credit Acceptance's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Credit Acceptance's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Credit Acceptance’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Credit Acceptance Stock

What is the Return on Assets (ROA) of Credit Acceptance this year?

The Return on Assets (ROA) of Credit Acceptance is 0.04 undefined this year.

What was the ROA of Credit Acceptance compared to the previous year?

The ROA of Credit Acceptance has increased by -51.55% compared to the previous year.

What consequences do high ROA have for investors of Credit Acceptance?

A high ROA is advantageous for investors of Credit Acceptance, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Credit Acceptance?

A low ROA can be unfavorable for investors of Credit Acceptance as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Credit Acceptance affect the company?

An increase in ROA of Credit Acceptance can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Credit Acceptance impact the company?

A reduction in the ROA of Credit Acceptance can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Credit Acceptance?

Some factors that can influence the ROA of Credit Acceptance include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Credit Acceptance important for investors?

The ROA of Credit Acceptance is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Credit Acceptance take to improve ROA?

To improve ROA, Credit Acceptance can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does Credit Acceptance pay?

Over the past 12 months, Credit Acceptance paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Credit Acceptance is expected to pay a dividend of 0 USD.

What is the dividend yield of Credit Acceptance?

The current dividend yield of Credit Acceptance is .

When does Credit Acceptance pay dividends?

Credit Acceptance pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Credit Acceptance?

Credit Acceptance paid dividends every year for the past 0 years.

What is the dividend of Credit Acceptance?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Credit Acceptance located?

Credit Acceptance is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Credit Acceptance kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Credit Acceptance from 5/20/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 5/20/2024.

When did Credit Acceptance pay the last dividend?

The last dividend was paid out on 5/20/2024.

What was the dividend of Credit Acceptance in the year 2023?

In the year 2023, Credit Acceptance distributed 0 USD as dividends.

In which currency does Credit Acceptance pay out the dividend?

The dividends of Credit Acceptance are distributed in USD.

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Andere Kennzahlen von Credit Acceptance

Our stock analysis for Credit Acceptance Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Credit Acceptance Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.