Accord Total 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 Total 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.
Total Assets vs Common Stock
Total 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 Total Assets account and Common Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Accord Financial's Total Assets and Common Stock is 0.9. Overlapping area represents the amount of variation of Total 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 Total 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 Total 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 Total Assets i.e., Accord Financial's Total Assets and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
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.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 Expenses | 41.0M | 43.0M | Total Revenue | 44.4M | 31.7M |
Accord Financial fundamental ratios Correlations
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Accord Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Accord Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 406.2M | 384.9M | 520.1M | 491.8M | 513.5M | 539.2M | |
Short Long Term Debt Total | 297.5M | 274.5M | 397.9M | 368.1M | 423.3M | 444.4M | |
Total Stockholder Equity | 92.5M | 89.9M | 100.0M | 101.0M | 83.9M | 59.9M | |
Property Plant And Equipment Net | 2.3M | 1.7M | 1.3M | 1.7M | 2.1M | 1.1M | |
Net Debt | 290.7M | 268.9M | 384.1M | 356.4M | 406.3M | 426.6M | |
Retained Earnings | 75.0M | 73.1M | 83.3M | 82.2M | 65.6M | 50.9M | |
Non Current Assets Total | 19.4M | 18.2M | 17.5M | 17.0M | 15.3M | 20.4M | |
Common Stock Shares Outstanding | 8.3M | 8.3M | 8.5M | 8.6M | 8.6M | 7.3M | |
Liabilities And Stockholders Equity | 406.2M | 384.9M | 520.1M | 491.8M | 565.5M | 593.8M | |
Non Current Liabilities Total | 46.9M | 43.5M | 368.7M | 342.4M | 393.8M | 413.5M | |
Other Current Assets | 7.0M | 1.5M | 10.5M | 6.7M | 7.7M | 7.4M | |
Other Stockholder Equity | 1.3M | 1.2M | 1.1M | 1.7M | 1.5M | 2.5M | |
Total Liab | 309.8M | 291.2M | 416.1M | 385.1M | 424.8M | 446.1M | |
Property Plant And Equipment Gross | 2.3M | 1.7M | 4.7M | 4.6M | 4.3M | 4.5M | |
Total Current Assets | 109.1M | 117.1M | 93.7M | 77.4M | 89.0M | 100.4M | |
Intangible Assets | 3.6M | 3.3M | 3.1M | 3.2M | 3.0M | 2.7M | |
Other Assets | 277.7M | 249.6M | 408.9M | 397.3M | 456.9M | 479.8M | |
Accumulated Other Comprehensive Income | 6.7M | 6.1M | 6.1M | 7.7M | 8.8M | 9.2M | |
Short Term Debt | 254.0M | 232.3M | 356.8M | 331.2M | 380.9M | 399.9M | |
Accounts Payable | 6.2M | 10.8M | 11.9M | 11.2M | 8.1M | 6.5M | |
Cash | 6.8M | 5.5M | 13.8M | 11.6M | 5.9M | 7.0M | |
Cash And Short Term Investments | 6.8M | 5.5M | 13.8M | 11.6M | 13.4M | 14.8M | |
Net Receivables | 102.3M | 111.6M | 79.9M | 65.8M | 75.6M | 81.4M | |
Good Will | 14.0M | 13.5M | 13.2M | 13.1M | 12.1M | 0.0 | |
Other Current Liab | (260.2M) | (243.2M) | (368.7M) | (342.4M) | (308.2M) | (292.8M) | |
Total Current Liabilities | 260.2M | 243.2M | 368.7M | 342.4M | 393.8M | 413.5M | |
Non Currrent Assets Other | (19.4M) | (18.2M) | (17.5M) | (17.0M) | (15.3M) | (14.6M) | |
Other Liab | 2.1M | 3.5M | 1.9M | 800.7K | 920.8K | 1.7M | |
Net Tangible Assets | 75.4M | 73.4M | 83.7M | 85.7M | 98.5M | 76.7M | |
Short Long Term Debt | 11.2M | 21.4M | 356.8M | 331.2M | 371.8M | 390.4M | |
Property Plant Equipment | 2.3M | 1.7M | 1.3M | 1.7M | 2.0M | 1.1M | |
Long Term Debt | 41.9M | 251.9M | 40.1M | 35.4M | 40.4M | 59.2M | |
Long Term Debt Total | 43.5M | 42.2M | 41.1M | 154.0M | 177.1M | 186.0M | |
Capital Surpluse | 1.3M | 1.2M | 1.1M | 1.7M | 2.0M | 2.1M | |
Net Invested Capital | 388.4M | 363.1M | 496.9M | 467.5M | 496.1M | 439.2M |
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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.