CREDIT ACCEPTANCE CORP Annual Interest Expense in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Credit Acceptance Corp quarterly/annual Interest Expense history and growth rate from 2010 to 2023.
  • Credit Acceptance Corp Interest Expense for the quarter ending September 30, 2024 was $111M, a 57.7% increase year-over-year.
  • Credit Acceptance Corp Interest Expense for the twelve months ending September 30, 2024 was $387M, a 63.2% increase year-over-year.
  • Credit Acceptance Corp annual Interest Expense for 2023 was $267M, a 60% increase from 2022.
  • Credit Acceptance Corp annual Interest Expense for 2022 was $167M, a 1.46% increase from 2021.
  • Credit Acceptance Corp annual Interest Expense for 2021 was $164M, a 14.5% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $267M +$99.9M +60% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-12
2022 $167M +$2.4M +1.46% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-12
2021 $164M -$27.8M -14.5% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-12
2020 $192M -$4.2M -2.14% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-10
2019 $196M +$39.6M +25.3% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-11
2018 $157M +$36.4M +30.3% Jan 1, 2018 Dec 31, 2018 10-K 2021-02-12
2017 $120M +$22.5M +23% Jan 1, 2017 Dec 31, 2017 10-K 2020-02-11
2016 $97.7M +$21.7M +28.6% Jan 1, 2016 Dec 31, 2016 10-K 2019-02-08
2015 $76M +$19.3M +34% Jan 1, 2015 Dec 31, 2015 10-K 2018-02-09
2014 $56.7M -$8.3M -12.8% Jan 1, 2014 Dec 31, 2014 10-K 2017-02-10
2013 $65M +$1.6M +2.52% Jan 1, 2013 Dec 31, 2013 10-K 2016-02-12
2012 $63.4M +$6.2M +10.8% Jan 1, 2012 Dec 31, 2012 10-K 2015-02-12
2011 $57.2M +$9.4M +19.7% Jan 1, 2011 Dec 31, 2011 10-K 2014-02-14
2010 $47.8M Jan 1, 2010 Dec 31, 2010 10-K 2013-02-20
* An asterisk sign (*) next to the value indicates that the value is likely invalid.