Accord Financial Statements From 2010 to 2024

ACD Stock  CAD 4.00  0.05  1.23%   
Accord Financial financial statements provide useful quarterly and yearly information to potential Accord Financial Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Accord Financial financial statements helps investors assess Accord Financial's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Accord Financial's valuation are summarized below:
Gross Profit
64.6 M
Profit Margin
(0.21)
Market Capitalization
34.2 M
Enterprise Value Revenue
7.4041
Revenue
41.9 M
We have found one hundred twenty available fundamental signals for Accord Financial Corp, which can be analyzed and compared to other ratios and to its rivals. Self-guided Investors are advised to validate Accord Financial's prevailing fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 23rd of November 2024, Market Cap is likely to grow to about 48.4 M. Also, Enterprise Value is likely to grow to about 470 M

Accord Financial Total Revenue

83.69 Million

Check Accord Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Accord Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 62.7 M, Interest Expense of 37.1 M or Selling General Administrative of 18.4 M, as well as many indicators such as Price To Sales Ratio of 0.84, Dividend Yield of 0.0307 or PTB Ratio of 0.45. Accord financial statements analysis is a perfect complement when working with Accord Financial Valuation or Volatility modules.
  
This module can also supplement various Accord Financial Technical models . Check out the analysis of Accord Financial Correlation against competitors.

Accord Financial Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets539.2 M513.5 M288 M
Slightly volatile
Short and Long Term Debt Total434.7 M414 M207.6 M
Slightly volatile
Total Current Liabilities409.6 M390.1 M190.1 M
Slightly volatile
Total Stockholder Equity59.8 M83.9 M71.3 M
Slightly volatile
Property Plant And Equipment Net1.1 M2.1 M998.6 K
Slightly volatile
Net Debt424.6 M404.3 M191 M
Slightly volatile
Retained Earnings50.9 M65.6 M58.7 M
Slightly volatile
Non Current Assets Total532.9 M507.6 M85.1 M
Slightly volatile
Common Stock Shares Outstanding7.3 M8.6 M8.5 M
Slightly volatile
Liabilities And Stockholders Equity539.2 M513.5 M288 M
Slightly volatile
Non Current Liabilities Total31.1 M33.3 M40.4 M
Slightly volatile
Total Liabilities446.1 M424.8 M212.3 M
Slightly volatile
Property Plant And Equipment Gross4.5 M4.3 M1.8 M
Slightly volatile
Total Current Assets5.6 M5.9 M114 M
Very volatile
Short Term Debt409.6 M390.1 M175.6 M
Slightly volatile
Intangible Assets2.7 MM2.7 M
Slightly volatile
Other Assets479.8 M456.9 M157.1 M
Slightly volatile
Accounts Payable6.5 M8.1 M6.6 M
Slightly volatile
Cash7.2 M9.7 M8.6 M
Slightly volatile
Cash And Short Term Investments14.6 M9.7 M18 M
Very volatile
Net Receivables490.7 M467.3 M134.8 M
Slightly volatile
Good Will19.6 M18.6 M8.7 M
Slightly volatile
Common Stock Total Equity7.7 M10.9 M7.7 M
Slightly volatile
Common Stock8.2 M9.4 M7.7 M
Slightly volatile
Current Deferred Revenue461.3 M439.3 M162.2 M
Slightly volatile
Inventory272.8 M532.8 M243.8 M
Slightly volatile
Other Liabilities1.7 M920.8 K1.3 M
Pretty Stable
Net Tangible Assets76.7 M98.5 M68.7 M
Slightly volatile
Short and Long Term Debt390.4 M371.8 M138.5 M
Slightly volatile
Property Plant Equipment1.1 MM931.2 K
Slightly volatile
Long Term Debt59.2 M40.4 M40.6 M
Slightly volatile
Short Term Investments107.4 M120.8 M131.6 M
Slightly volatile
Long Term Debt Total186 M177.1 M52.3 M
Slightly volatile
Capital Surpluse2.1 MM751.1 K
Slightly volatile
Net Invested Capital439.2 M496.1 M323.2 M
Slightly volatile
Net Working Capital91 M119.6 M81.5 M
Slightly volatile
Capital Stock10.2 M9.4 M8.7 M
Slightly volatile
Capital Lease Obligations1.6 M1.9 M1.5 M
Pretty Stable

Accord Financial Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization62.7 M59.7 M24.3 M
Slightly volatile
Selling General Administrative18.4 M34.5 M20.5 M
Slightly volatile
Total Revenue83.7 M79.7 M38.1 M
Slightly volatile
Gross Profit83 M79 M36.1 M
Slightly volatile
Other Operating Expenses62.7 M59.7 M27.6 M
Slightly volatile
Cost Of Revenue665 K700 K2.2 M
Pretty Stable
Net Income Applicable To Common Shares1.2 M1.3 M5.8 M
Slightly volatile
Interest Income72.2 M68.7 M18 M
Slightly volatile
Net Interest Income34.1 M33.4 M29.3 M
Slightly volatile
Research Development0.360.340.2253
Very volatile
Reconciled Depreciation888.4 K700 K691.7 K
Slightly volatile

Accord Financial Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation535.3 K700 K733.9 K
Very volatile
Dividends Paid2.8 M1.9 M2.5 M
Pretty Stable
Capital Expenditures224.2 K236 K209.3 K
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.840.88852.0487
Slightly volatile
Dividend Yield0.03070.04880.037
Very volatile
PTB Ratio0.450.47030.9611
Slightly volatile
Days Sales Outstanding664498927
Pretty Stable
Book Value Per Share10.8810.35918.9363
Slightly volatile
Average Payables510.5 K537.4 KM
Slightly volatile
Capex To Depreciation0.320.33710.3677
Slightly volatile
PB Ratio0.450.47030.9611
Slightly volatile
EV To Sales10.5810.07947.0856
Slightly volatile
ROIC0.03850.04050.0783
Slightly volatile
Inventory Turnover0.0020.00210.029
Slightly volatile
Days Of Inventory On Hand191.5 K182.4 K86.2 K
Slightly volatile
Payables Turnover1.631.842.0033
Slightly volatile
Sales General And Administrative To Revenue0.460.77640.6195
Slightly volatile
Average Inventory405.7 M386.4 M255.3 M
Slightly volatile
Capex To Revenue0.0050.00530.0072
Slightly volatile
Cash Per Share1.250.6912.0916
Very volatile
Days Payables Outstanding143161175
Slightly volatile
Intangibles To Total Assets0.00550.00580.0319
Pretty Stable
Net Debt To EBITDA20.7219.731710.6316
Slightly volatile
Current Ratio0.01440.01521.1118
Slightly volatile
Tangible Book Value Per Share10.5110.00917.9422
Slightly volatile
Receivables Turnover0.720.767.8854
Slightly volatile
Graham Number20.3819.413912.4427
Slightly volatile
Shareholders Equity Per Share4.939.80318.2799
Slightly volatile
Debt To Equity5.164.91812.4014
Slightly volatile
Capex Per Share0.02620.02760.024
Very volatile
Average Receivables36.2 M32.9 M73.8 M
Pretty Stable
Revenue Per Share5.455.18833.9005
Slightly volatile
Interest Debt Per Share54.9552.33724.945
Slightly volatile
Debt To Assets0.840.80360.603
Slightly volatile
Enterprise Value Over EBITDA22.7221.639315.2681
Slightly volatile
Operating Cycle192 K182.9 K75.3 K
Slightly volatile
Price Book Value Ratio0.450.47030.9611
Slightly volatile
Days Of Payables Outstanding143161175
Slightly volatile
Ebt Per Ebit0.08530.08980.6854
Slightly volatile
Effective Tax Rate0.360.43390.3165
Pretty Stable
Company Equity Multiplier6.436.11993.611
Slightly volatile
Long Term Debt To Capitalization0.170.21190.2208
Pretty Stable
Total Debt To Capitalization0.870.8310.6399
Slightly volatile
Debt Equity Ratio5.164.91812.4014
Slightly volatile
Cash Ratio0.01440.01520.0649
Slightly volatile
Cash Conversion Cycle192 K182.9 K75.3 K
Slightly volatile
Days Of Inventory Outstanding191.5 K182.4 K86.2 K
Slightly volatile
Days Of Sales Outstanding664498927
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio0.651.00460.9733
Pretty Stable
Price To Book Ratio0.450.47030.9611
Slightly volatile
Fixed Asset Turnover31.0620.995746.4808
Slightly volatile
Enterprise Value Multiple22.7221.639315.2681
Slightly volatile
Debt Ratio0.840.80360.603
Slightly volatile
Price Sales Ratio0.840.88852.0487
Slightly volatile
Asset Turnover0.08220.08650.1692
Slightly volatile
Gross Profit Margin0.740.98420.911
Very volatile
Price Fair Value0.450.47030.9611
Slightly volatile

Accord Financial Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap48.4 M39.5 M65.1 M
Very volatile
Enterprise Value470 M447.6 M254.6 M
Slightly volatile

Accord Fundamental Market Drivers

Cash And Short Term Investments9.7 M

About Accord Financial Financial Statements

Accord Financial investors utilize fundamental indicators, such as revenue or net income, to predict how Accord Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue439.3 M461.3 M
Total Revenue79.7 M83.7 M
Cost Of Revenue700 K665 K
Sales General And Administrative To Revenue 0.78  0.46 
Capex To Revenue 0.01  0.01 
Revenue Per Share 5.19  5.45 
Ebit Per Revenue 0.70  0.67 

Pair Trading with Accord Financial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Accord Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Accord Financial will appreciate offsetting losses from the drop in the long position's value.

Moving against Accord Stock

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The ability to find closely correlated positions to Accord Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Accord Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Accord Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Accord Financial Corp to buy it.
The correlation of Accord Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Accord Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Accord Financial Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Accord Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Accord Stock

Accord Financial financial ratios help investors to determine whether Accord Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Accord with respect to the benefits of owning Accord Financial security.