Accord Total Current Liabilities vs Common Stock Total Equity Analysis

ACD Stock  CAD 4.10  0.05  1.23%   
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 Current Liabilities and its Common Stock Total Equity 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.

Total Current Liabilities vs Common Stock Total Equity

Total Current Liabilities vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Accord Financial Corp Total Current Liabilities account and Common Stock Total Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Accord Financial's Total Current Liabilities and Common Stock Total Equity is 0.85. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Common Stock Total Equity 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 Current Liabilities and Common Stock Total Equity 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 Current Liabilities of Accord Financial Corp are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Total Current Liabilities i.e., Accord Financial's Total Current Liabilities and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

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.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
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 3rd 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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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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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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.