Accord Other Current Assets vs Common Stock Analysis

ACD Stock  CAD 4.02  0.15  3.60%   
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 Other Current Assets and its Common Stock 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.

Other Current Assets vs Common Stock

Other Current Assets vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Accord Financial Corp Other Current Assets account and Common Stock. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Accord Financial's Other Current Assets and Common Stock is -0.04. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Common Stock 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 Other Current Assets and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Accord Financial Corp are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Other Current Assets i.e., Accord Financial's Other Current Assets and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.04
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Common Stock

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 closely tied 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 10th of June 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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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.