Credit Acceptance (FRA:2D5) Marketable Securities : €0 Mil (As of Mar. 2024)

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What is Credit Acceptance Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Credit Acceptance's Marketable Securities for the quarter that ended in Mar. 2024 was €0 Mil.

Credit Acceptance Marketable Securities Historical Data

The historical data trend for Credit Acceptance's Marketable Securities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Credit Acceptance Marketable Securities Chart

Credit Acceptance Annual Data

Trend

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Marketable Securities

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Credit Acceptance Quarterly Data
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Credit Acceptance Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Credit Acceptance (FRA:2D5) Marketable Securities Explanation

Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".

Credit Acceptance Marketable Securities Related Terms

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Credit Acceptance (FRA:2D5) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Credit Acceptance Corp (FRA:2D5) » Definitions » Marketable Securities

Comparable Companies

Traded in Other Exchanges

CACC:USA

Address

25505 W. Twelve Mile Road, Southfield, MI, USA, 48034-8339

Website

https://www.creditacceptance.com

Credit Acceptance Corp is a consumer finance company that specializes in automobile loans. These loans are offered through a U.S. nationwide network of automobile dealers that benefit from sales of vehicles to consumers who could otherwise not obtain financing. The company also benefits from repeat and referral sales, and from sales to customers responding to advertisements for financing, but qualify for traditional financing. The company derives its revenue from finance charges, premiums earned on the reinsurance of vehicle service contracts, and other fees. Of these, financing charges, including servicing fees, are by far the largest source of revenue.

Credit Acceptance (FRA:2D5) Headlines

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