Accord Historical Balance Sheet

ACD Stock  CAD 3.90  0.04  1.04%   
Trend analysis of Accord Financial Corp balance sheet accounts such as Short Long Term Debt Total of 434.7 M, Total Current Liabilities of 409.6 M or Total Stockholder Equity of 59.8 M provides information on Accord Financial's total assets, liabilities, and equity, which is the actual value of Accord Financial Corp to its prevalent stockholders. By breaking down trends over time using Accord Financial balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Accord Financial Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Accord Financial Corp is a good buy for the upcoming year.

Accord Financial Inventory

272.76 Million

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Accord Financial Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Accord Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Accord Financial Corp at a specified time, usually calculated after every quarter, six months, or one year. Accord Financial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Accord Financial and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Accord currently owns. An asset can also be divided into two categories, current and non-current.

Accord Financial Balance Sheet Chart

At this time, Accord Financial's Liabilities And Stockholders Equity is very stable compared to the past year. As of the 4th of December 2024, Non Current Liabilities Total is likely to grow to about 428.2 M, though Other Current Liabilities is likely to grow to (370.8 M).

Total Assets

Total assets refers to the total amount of Accord Financial assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Accord Financial Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Accord Financial balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Accord Financial Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most accounts from Accord Financial's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Accord Financial Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Accord Financial Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Accord Financial's Liabilities And Stockholders Equity is very stable compared to the past year. As of the 4th of December 2024, Non Current Liabilities Total is likely to grow to about 428.2 M, though Other Current Liabilities is likely to grow to (370.8 M).
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total397.9M485.2M414.0M434.7M
Total Assets520.1M491.8M513.5M539.2M

Accord Financial balance sheet Correlations

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Click cells to compare fundamentals

Accord Financial Account Relationship Matchups

Accord Financial balance sheet Accounts

201920202021202220232024 (projected)
Total Assets406.2M384.9M520.1M491.8M513.5M539.2M
Short Long Term Debt Total297.5M274.5M397.9M485.2M414.0M434.7M
Other Current Liab(254.3M)(233.9M)(374.5M)(342.4M)(390.3M)(370.8M)
Total Current Liabilities260.2M243.2M368.7M342.4M390.1M409.6M
Total Stockholder Equity92.5M89.9M100.0M101.0M83.9M59.8M
Property Plant And Equipment Net2.3M1.7M1.3M1.7M2.1M1.1M
Net Debt290.7M268.9M384.1M356.4M408.1M428.5M
Retained Earnings75.0M73.1M83.3M82.2M65.6M50.9M
Non Current Assets Total19.4M18.2M17.5M17.0M507.6M532.9M
Non Currrent Assets Other(19.4M)(18.2M)(17.5M)(17.0M)502.5M527.6M
Liabilities And Stockholders Equity406.2M384.9M520.1M491.8M513.5M539.2M
Non Current Liabilities Total46.9M43.5M41.9M342.4M407.8M428.2M
Other Current Assets(376.4M)(361.4M)(497.2M)6.7M(477.0M)(453.2M)
Other Stockholder Equity1.3M1.2M1.1M1.7M1.8M1.9M
Total Liab309.8M291.2M416.1M385.1M424.8M446.1M
Property Plant And Equipment Gross2.3M1.7M4.7M4.6M4.3M4.5M
Total Current Assets109.1M117.1M93.7M77.4M5.9M5.6M
Accumulated Other Comprehensive Income6.7M6.1M6.1M7.7M7.1M7.4M
Short Term Debt254.0M232.3M372.2M331.2M390.1M409.6M
Intangible Assets3.6M3.3M3.1M3.2M3.0M2.7M
Other Assets277.7M249.6M408.9M397.3M456.9M479.8M
Accounts Payable6.2M10.8M11.9M11.2M8.1M6.4M
Cash6.8M5.5M13.8M11.6M5.9M7.0M
Cash And Short Term Investments6.8M5.5M13.8M11.6M5.9M5.6M
Net Receivables102.3M111.6M79.9M65.8M467.3M490.7M
Good Will13.5M13.2M13.1M12.1M18.6M19.6M
Other Liab2.1M3.5M1.9M800.7K920.8K1.7M
Net Tangible Assets75.4M73.4M83.7M85.7M98.5M76.7M
Short Long Term Debt11.2M21.4M356.8M331.2M371.8M390.4M
Property Plant Equipment2.3M1.7M1.3M1.7M2.0M1.1M
Long Term Debt41.9M251.9M40.1M35.4M40.4M59.2M
Long Term Debt Total43.5M42.2M41.1M154.0M177.1M186.0M
Capital Surpluse1.3M1.2M1.1M1.7M2.0M2.1M
Net Invested Capital388.4M363.1M496.9M467.5M496.1M439.2M

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

  0.56FFH-PD Fairfax FinancialPairCorr
  0.56GS GOLDMAN SACHS CDRPairCorr
  0.53FFH Fairfax FinancialPairCorr
  0.52FFH-PM Fairfax FinancialPairCorr
  0.51FFH-PE Fairfax FinancialPairCorr
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

Balance Sheet is a snapshot of the financial position of Accord Financial Corp at a specified time, usually calculated after every quarter, six months, or one year. Accord Financial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Accord Financial and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Accord currently owns. An asset can also be divided into two categories, current and non-current.