ASSET ACCEPTANCE CAPITAL CORP (AACC) financial statements (2020 and earlier)

Company profile

Business Address 28405 VAN DYKE AVENUE
WARREN, MI 48093
State of Incorp.
Fiscal Year End December 31
SIC 6153 - Short-Term Business Credit Institutions, Except Agricultural (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments14
Cash and cash equivalents14
Income taxes receivable1
Total current assets:15
Noncurrent Assets
Property, plant and equipment13
Intangible assets, net (including goodwill)14
Goodwill14
Total noncurrent assets:27
Other undisclosed assets383
TOTAL ASSETS:425
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities275
Total liabilities:275
Stockholders' equity
Stockholders' equity attributable to parent150
Common stock0
Treasury stock, value(42)
Additional paid in capital152
Accumulated other comprehensive loss(1)
Retained earnings40
Total stockholders' equity:150
TOTAL LIABILITIES AND EQUITY:425

Income statement (P&L) ($ in millions)

12/31/2012
Financial services revenue226
Gross profit:227
Operating expenses(192)
Operating income:35
Nonoperating income0
Investment income, nonoperating0
Other nonoperating income0
Interest and debt expense(21)
Income from continuing operations before income taxes:14
Income tax expense(3)
Net income available to common stockholders, diluted:11

Comprehensive Income ($ in millions)

12/31/2012
Net income:11
Other comprehensive loss(0)
Comprehensive income, net of tax, attributable to parent:11

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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