Credit Acceptance Corp. Q1 2025 Equity Update
Ticker: CACC · Form: 10-Q · Filed: 2025-04-30T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, financials, equity
TL;DR
CACC Q1 equity changes detailed. Retained earnings up.
AI Summary
Credit Acceptance Corp. reported its first quarter 2025 results, ending March 31, 2025. The company's financial statements show changes in its equity accounts, including common stock, additional paid-in capital, retained earnings, and accumulated other comprehensive income, for the period. Specific dollar amounts for these changes are detailed within the filing.
Why It Matters
This filing provides insight into the company's capital structure and how its operations have impacted shareholder equity during the first quarter of 2025.
Risk Assessment
Risk Level: low — The filing is a standard quarterly report and does not contain immediate, significant negative news.
Key Numbers
- 2025 Q1 — Reporting Period (First quarter of 2025)
- 12/31 — Fiscal Year End (Company's fiscal year end)
Key Players & Entities
- Credit Acceptance Corp. (company) — Filer of the 10-Q
- 20250331 (date) — End of the reporting period
- 20250430 (date) — Filing date
- 25505 WEST TWELVE MILE ROAD (address) — Company's business and mailing address
- SOUTHFIELD, MI (location) — Company's business and mailing location
FAQ
What were the specific dollar changes in Credit Acceptance Corp.'s retained earnings for the first quarter of 2025?
The filing indicates changes in retained earnings for the period from January 1, 2025, to March 31, 2025, but specific dollar amounts are not provided in this header information.
What is Credit Acceptance Corp.'s SIC code?
Credit Acceptance Corp.'s Standard Industrial Classification (SIC) code is 6141, which corresponds to Personal Credit Institutions.
When was Credit Acceptance Corp. previously known by another name?
The company was formerly known as Credit Acceptance Corporation, with a date of name change on 19930328.
What is the SEC file number for Credit Acceptance Corp.'s 1934 Act filings?
The SEC file number for Credit Acceptance Corp. under the 1934 Act is 000-20202.
What is the company's state of incorporation?
Credit Acceptance Corp. is incorporated in Michigan (MI).
From the Filing
0000885550-25-000055.txt : 20250430 0000885550-25-000055.hdr.sgml : 20250430 20250430161123 ACCESSION NUMBER: 0000885550-25-000055 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 92 CONFORMED PERIOD OF REPORT: 20250331 FILED AS OF DATE: 20250430 DATE AS OF CHANGE: 20250430 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CREDIT ACCEPTANCE CORP CENTRAL INDEX KEY: 0000885550 STANDARD INDUSTRIAL CLASSIFICATION: PERSONAL CREDIT INSTITUTIONS [6141] ORGANIZATION NAME: 02 Finance EIN: 381999511 STATE OF INCORPORATION: MI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 000-20202 FILM NUMBER: 25895292 BUSINESS ADDRESS: STREET 1: 25505 WEST TWELVE MILE ROAD CITY: SOUTHFIELD STATE: MI ZIP: 48034-8334 BUSINESS PHONE: 2483532700 MAIL ADDRESS: STREET 1: 25505 WEST TWELVE MILE ROAD CITY: SOUTHFIELD STATE: MI ZIP: 48034-8334 FORMER COMPANY: FORMER CONFORMED NAME: CREDIT ACCEPTANCE CORPORATION DATE OF NAME CHANGE: 19930328 10-Q 1 cacc-20250331.htm 10-Q cacc-20250331 false 2025 Q1 0000885550 12/31 xbrli:shares iso4217:USD iso4217:USD xbrli:shares xbrli:pure cacc:program cacc:loan cacc:segment 0000885550 2025-01-01 2025-03-31 0000885550 2025-04-23 0000885550 2025-03-31 0000885550 2024-12-31 0000885550 2024-01-01 2024-03-31 0000885550 us-gaap:CommonStockMember 2024-12-31 0000885550 us-gaap:AdditionalPaidInCapitalMember 2024-12-31 0000885550 us-gaap:RetainedEarningsMember 2024-12-31 0000885550 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-12-31 0000885550 us-gaap:CommonStockMember 2025-01-01 2025-03-31 0000885550 us-gaap:AdditionalPaidInCapitalMember 2025-01-01 2025-03-31 0000885550 us-gaap:RetainedEarningsMember 2025-01-01 2025-03-31 0000885550 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-01-01 2025-03-31 0000885550 us-gaap:CommonStockMember 2025-03-31 0000885550 us-gaap:AdditionalPaidInCapitalMember 2025-03-31 0000885550 us-gaap:RetainedEarningsMember 2025-03-31 0000885550 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-03-31 0000885550 us-gaap:CommonStockMember 2023-12-31 0000885550 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0000885550 us-gaap:RetainedEarningsMember 2023-12-31 0000885550 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0000885550 2023-12-31 0000885550 us-gaap:CommonStockMember 2024-01-01 2024-03-31 0000885550 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-03-31 0000885550 us-gaap:RetainedEarningsMember 2024-01-01 2024-03-31 0000885550 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-01 2024-03-31 0000885550 us-gaap:CommonStockMember 2024-03-31 0000885550 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0000885550 us-gaap:RetainedEarningsMember 2024-03-31 0000885550 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0000885550 2024-03-31 0000885550 cacc:FICOScoreLowerThan650OrNoFICOScoreMember 2025-01-01 2025-03-31 0000885550 cacc:FICOScoreLowerThan650OrNoFICOScoreMember 2024-01-01 2024-03-31 0000885550 cacc:PortfolioProgramMember 2024-01-01 2024-03-31 0000885550 cacc:PurchaseProgramMember 2024-01-01 2024-03-31 0000885550 cacc:PortfolioProgramMember 2024-04-01 2024-06-30 0000885550 cacc:PurchaseProgramMember 2024-04-01 2024-06-30 0000885550 cacc:PortfolioProgramMember 2024-07-01 2024-09-30 0000885550 cacc:PurchaseProgramMember 2024-07-01 2024-09-30 0000885550 cacc:PortfolioProgramMember 2024-10-01 2024-12-31 0000885550 cacc:PurchaseProgramMember 2024-10-01 2024-12-31 0000885550 cacc:PortfolioProgramMember 2025-01-01 2025-03-31 0000885550 cacc:PurchaseProgramMember 2025-01-01 2025-03-31 0000885550 us-gaap:CashAndCashEquivalentsMember 2025-03-31 0000885550 us-gaap:CashAndCashEquivalentsMember 2024-12-31 0000885550 cacc:RestrictedCashAndCashEquivalentsMember 2025-03-31 0000885550 cacc:RestrictedCashAndCashEquivalentsMember 2024-12-31 0000885550 us-gaap:CarryingReportedAmountFairValueDisclosureMember 2025-03-31 0000885550 us-gaap:EstimateOfFairValueFairValueDisclosureMember 2025-03-31 0000885550 us-gaap:CarryingReportedAm