Quick Ratio Analysis of Credit Acceptance Corp. - Deep Dive


Latest FY Quick Ratio
Period Ending - Dec-23

16.23


Excellent Quick Ratio
Period Ending - Dec-22
0

Poor Quick Ratio
Growth
0 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24

16.94


Excellent Quick Ratio
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
CodePricePrevious PricePrice ChangeSector
CACC490.83487.39 0.706 % Credit Services
Fundamental AnalysisTechnical Analysis
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 Formula

Quick Ratio Related Ratios
CurrentRatioShortTermDebtToEquityRatio

Tsr Stability Index
Poor Stability Stock
FY - Historical Quick Ratio of Credit Acceptance Corp.
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Quick Ratio16.23033.804.963.634.844.84
Change0 %581.72 %36.54 %-24.93 %-0.0170 %9.82 %
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FY Chart of Quick Ratio of Credit Acceptance Corp.


Note : All Data Generated at the End of Trading Hours (EOD Data)