First Acceptance Stock

First Acceptance Debt

The Debt of First Acceptance (FACO) as of Aug 13, 2026 is -45.30 M USD. In the previous year, Debt was -48.60 M USD — a change of -6.79% (higher).

Debt

-45.30 MUSD

YoY

-6.79%

Last updated:

In 2026, First Acceptance's total debt was -45.30 M USD, a -6.79% change from the -48.60 M USD total debt recorded in the previous year.

Access this data via the Eulerpool API

First Acceptance Stock analysis

What does First Acceptance do? First Acceptance Corp is an American insurance company that has been operating in the insurance sector since 1990. The company is headquartered in Nashville, Tennessee and operates more than 350 agencies in 16 US states. The company's goal is to provide insurance for high-risk customers who are often rejected by other insurers. The company was founded in 1990 by founder Rick D. Norris. Norris had previously worked in the car insurance industry and based on his experiences, he believed that there was a market gap. He recognized that many low-income customers had difficulty finding insurance that would accept them. For this reason, he founded First Acceptance Corp and offered affordable car insurance. In the following years, the company expanded and also offered other types of insurance such as liability and accident insurance. In 2007, First Acceptance Corp was listed on the NASDAQ stock exchange. The business model of First Acceptance Corp is based on enabling insurance coverage for customers with a higher risk profile through risk differentiation. The company focuses on customers with a poorer risk profile in order to be able to offer insurance coverage, while maintaining a balanced ratio between risk and premium. The company not only focuses on the car insurance sector, but also offers other insurance products such as household, liability, and accident insurance. First Acceptance Corp is involved in various business areas. The focus is on car insurance, but there are also other divisions that the company serves. - Car insurance: First Acceptance Corp offers insurance for all types of vehicles. The company specializes in customers with a higher risk. - Household insurance: Household belongings are protected against damages. - Liability insurance: Liability insurance protects the policyholder against potential claims for damages caused by the policyholder, such as in a car accident. - Accident insurance: Accident insurance protects the insured and their family from the financial impact that can result from an accident. First Acceptance Corp offers various products to meet the needs of its customers. Some products include: - Car liability insurance: This insurance is legally required and protects the policyholder against third-party liability claims. - Comprehensive insurance: Comprehensive insurance protects the policyholder against damages to their own vehicle that were not caused by the policyholder, such as theft or hail damage. - Collision insurance: Collision insurance offers the most comprehensive protection for the policyholder's own vehicle, regardless of who is responsible for the damage. - Liability insurance: Liability insurance can be of great importance in the event of property or personal injury, as it protects the policyholder and their family from significant financial burdens. - Accident insurance: Accident insurance can be useful in the event that the insured becomes disabled due to an accident or the accident results in a fatality. In summary, First Acceptance Corp is an American insurance company that specializes in customers with a higher risk profile. The company offers various insurance products for cars, household, liability, and accidents and has established itself on a broad basis. The company's philosophy is based on the belief that every customer has the right to insurance coverage, regardless of their income or financial situation. First Acceptance is one of the most popular companies on Eulerpool.

Debt Details

Understanding First Acceptance's Debt Structure

First Acceptance's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing First Acceptance's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to First Acceptance’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in First Acceptance’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about First Acceptance stock

Debt of First Acceptance is -45.30 M USD in 2026.

Debt of First Acceptance changed from -48.60 M USD to -45.30 M USD, representing a -6.79% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Debt First Acceptance since 2006 – with annual values, charts, and detailed analysis.

Debt's USD is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track Debt's First Acceptance historically and in real time.

Access this data via the Eulerpool API

Balance Sheet — First Acceptance

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