Quick Ratio Analysis of Credit Acceptance Corp. - Deep Dive
Latest FY Quick Ratio
Period Ending - Dec-23
Excellent Quick Ratio
16.23
Period Ending - Dec-22
Poor Quick Ratio
0
Growth
0 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Excellent Quick Ratio
16.94
Quick Ratio Analysis of Credit Acceptance Corp.
Quick Ratio of Credit Acceptance Corp. with value of 16.23 indicates company has liquid assets to pay its obligations. |
Quick Ratio of Credit Acceptance Corp. with value of 16.94 indicates company has liquid assets to pay its obligations in latest Quarter ending on Mar-24. |
Quick Ratio of CACC has grown by 0 % Compared to previous Financial Year. |
Quick Ratio with value of 33.80 was highest in Year Dec-21 in last Five Years. |
Quick Ratio with value of 0 was lowest in Year Dec-22 in last Five Years. |
Latest Quick Ratio with value of 16.23 is Greater than Average Quick Ratio of 11.73 in last five years. |
Other Quick Ratio Related Info of CACC that may interest you.
Credit Acceptance Corp. Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
CACC | 490.83 | 487.39 | 0.706 % | Credit Services |
Defination of Quick Ratio
Quick assets are those assets that can be converted quickly into cash. It indicates whether the company can pay its current short-term obligations or not using its quick assets. This metric is an improved version of the current ratio. more ..Quick Ratio Related Ratios
CurrentRatio | ShortTermDebtToEquityRatio |
Tsr Stability Index
Poor Stability Stock |
FY - Historical Quick Ratio of Credit Acceptance Corp.
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Quick Ratio | 16.23 | 0 | 33.80 | 4.96 | 3.63 | 4.84 | 4.84 |
Change | 0 % | 581.72 % | 36.54 % | -24.93 % | -0.0170 % | 9.82 % |
FY Chart of Quick Ratio of Credit Acceptance Corp.
Note : All Data Generated at the End of Trading Hours (EOD Data)