Accord Non Current Assets Total vs Net Receivables Analysis

ACD Stock  CAD 4.10  0.10  2.50%   
Accord Financial financial indicator trend analysis is way more than just evaluating Accord Financial Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Accord Financial Corp is a good investment. Please check the relationship between Accord Financial Non Current Assets Total and its Net Receivables accounts. 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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Non Current Assets Total vs Net Receivables

Non Current Assets Total vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Accord Financial Corp Non Current Assets Total account and Net Receivables. At this time, the significance of the direction appears to have pay attention.
The correlation between Accord Financial's Non Current Assets Total and Net Receivables is -0.78. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Accord Financial Corp, assuming nothing else is changed. The correlation between historical values of Accord Financial's Non Current Assets Total and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Accord Financial Corp are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Non Current Assets Total i.e., Accord Financial's Non Current Assets Total and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.78
Relationship DirectionNegative 
Relationship StrengthWeak

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Net Receivables

Most indicators from Accord Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
At this time, Accord Financial's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 28th of May 2024, Enterprise Value is likely to grow to about 466 M, while Selling General Administrative is likely to drop about 18.4 M.
 2023 2024 (projected)
Other Operating Expenses41.0M43.0M
Total Revenue44.4M31.7M

Accord Financial fundamental ratios Correlations

1.00.750.750.990.75-0.02-0.440.830.06-0.21.00.890.110.540.890.990.750.39-0.110.150.470.880.9-0.90.99
1.00.690.761.00.68-0.02-0.410.870.04-0.141.00.910.050.530.911.00.720.32-0.140.120.40.870.89-0.911.0
0.750.690.560.690.99-0.06-0.40.410.14-0.520.710.510.370.430.480.680.720.660.10.260.750.820.81-0.610.69
0.750.760.560.770.52-0.010.090.55-0.090.10.760.72-0.170.590.780.750.58-0.03-0.230.150.450.870.87-0.830.73
0.991.00.690.770.68-0.01-0.40.870.03-0.131.00.920.040.540.921.00.720.3-0.150.120.40.870.89-0.920.99
0.750.680.990.520.68-0.02-0.460.410.13-0.550.70.510.350.420.470.670.710.660.060.250.750.790.78-0.610.68
-0.02-0.02-0.06-0.01-0.01-0.020.070.030.00.58-0.02-0.01-0.290.06-0.03-0.050.06-0.19-0.17-0.78-0.01-0.05-0.050.01-0.07
-0.44-0.41-0.40.09-0.4-0.460.07-0.29-0.040.65-0.41-0.2-0.380.06-0.21-0.4-0.07-0.43-0.17-0.28-0.03-0.19-0.220.19-0.43
0.830.870.410.550.870.410.03-0.29-0.20.050.860.96-0.270.220.920.880.490.15-0.1-0.140.020.660.69-0.850.87
0.060.040.14-0.090.030.130.0-0.04-0.2-0.10.04-0.190.780.51-0.290.040.360.41-0.370.040.39-0.03-0.040.280.05
-0.2-0.14-0.520.1-0.13-0.550.580.650.05-0.1-0.150.06-0.580.040.06-0.14-0.1-0.59-0.26-0.7-0.26-0.23-0.220.01-0.19
1.01.00.710.761.00.7-0.02-0.410.860.04-0.150.910.070.550.911.00.740.34-0.140.130.430.870.89-0.911.0
0.890.910.510.720.920.51-0.01-0.20.96-0.190.060.91-0.270.370.970.920.60.16-0.15-0.040.220.760.78-0.950.91
0.110.050.37-0.170.040.35-0.29-0.38-0.270.78-0.580.07-0.270.38-0.330.050.320.710.150.410.460.040.030.30.09
0.540.530.430.590.540.420.060.060.220.510.040.550.370.380.340.530.810.29-0.310.240.730.490.49-0.380.54
0.890.910.480.780.920.47-0.03-0.210.92-0.290.060.910.97-0.330.340.920.530.02-0.160.040.170.790.82-0.970.9
0.991.00.680.751.00.67-0.05-0.40.880.04-0.141.00.920.050.530.920.720.33-0.140.140.390.860.88-0.911.0
0.750.720.720.580.720.710.06-0.070.490.36-0.10.740.60.320.810.530.720.51-0.20.170.80.690.69-0.610.72
0.390.320.66-0.030.30.66-0.19-0.430.150.41-0.590.340.160.710.290.020.330.510.360.220.580.280.27-0.090.36
-0.11-0.140.1-0.23-0.150.06-0.17-0.17-0.1-0.37-0.26-0.14-0.150.15-0.31-0.16-0.14-0.20.360.05-0.09-0.07-0.070.17-0.12
0.150.120.260.150.120.25-0.78-0.28-0.140.04-0.70.13-0.040.410.240.040.140.170.220.050.330.180.18-0.080.17
0.470.40.750.450.40.75-0.01-0.030.020.39-0.260.430.220.460.730.170.390.80.58-0.090.330.510.49-0.350.39
0.880.870.820.870.870.79-0.05-0.190.66-0.03-0.230.870.760.040.490.790.860.690.28-0.070.180.511.0-0.850.85
0.90.890.810.870.890.78-0.05-0.220.69-0.04-0.220.890.780.030.490.820.880.690.27-0.070.180.491.0-0.870.88
-0.9-0.91-0.61-0.83-0.92-0.610.010.19-0.850.280.01-0.91-0.950.3-0.38-0.97-0.91-0.61-0.090.17-0.08-0.35-0.85-0.87-0.89
0.991.00.690.730.990.68-0.07-0.430.870.05-0.191.00.910.090.540.91.00.720.36-0.120.170.390.850.88-0.89
Click cells to compare fundamentals

Accord Financial Account Relationship Matchups

Accord Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets406.2M384.9M520.1M491.8M513.5M539.2M
Short Long Term Debt Total297.5M274.5M397.9M368.1M423.3M444.4M
Total Stockholder Equity92.5M89.9M100.0M101.0M83.9M59.9M
Property Plant And Equipment Net2.3M1.7M1.3M1.7M2.1M1.1M
Net Debt290.7M268.9M384.1M356.4M406.3M426.6M
Retained Earnings75.0M73.1M83.3M82.2M65.6M50.9M
Non Current Assets Total19.4M18.2M17.5M17.0M15.3M20.4M
Common Stock Shares Outstanding8.3M8.3M8.5M8.6M8.6M7.3M
Liabilities And Stockholders Equity406.2M384.9M520.1M491.8M565.5M593.8M
Non Current Liabilities Total46.9M43.5M368.7M342.4M393.8M413.5M
Other Current Assets7.0M1.5M10.5M6.7M7.7M7.4M
Other Stockholder Equity1.3M1.2M1.1M1.7M1.5M2.5M
Total Liab309.8M291.2M416.1M385.1M424.8M446.1M
Property Plant And Equipment Gross2.3M1.7M4.7M4.6M4.3M4.5M
Total Current Assets109.1M117.1M93.7M77.4M89.0M100.4M
Intangible Assets3.6M3.3M3.1M3.2M3.0M2.7M
Other Assets277.7M249.6M408.9M397.3M456.9M479.8M
Accumulated Other Comprehensive Income6.7M6.1M6.1M7.7M8.8M9.2M
Short Term Debt254.0M232.3M356.8M331.2M380.9M399.9M
Accounts Payable6.2M10.8M11.9M11.2M8.1M6.5M
Cash6.8M5.5M13.8M11.6M5.9M7.0M
Cash And Short Term Investments6.8M5.5M13.8M11.6M13.4M14.8M
Net Receivables102.3M111.6M79.9M65.8M75.6M81.4M
Good Will14.0M13.5M13.2M13.1M12.1M0.0
Other Current Liab(260.2M)(243.2M)(368.7M)(342.4M)(308.2M)(292.8M)
Total Current Liabilities260.2M243.2M368.7M342.4M393.8M413.5M
Non Currrent Assets Other(19.4M)(18.2M)(17.5M)(17.0M)(15.3M)(14.6M)
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

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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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Note that the Accord Financial Corp information on this page should be used as a complementary analysis to other Accord Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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Please note, there is a significant difference between Accord Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Accord Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Accord Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.