Accord Financial Balance Sheet Health
Financial Health criteria checks 2/6
Accord Financial has a total shareholder equity of CA$88.7M and total debt of CA$412.2M, which brings its debt-to-equity ratio to 464.9%. Its total assets and total liabilities are CA$513.5M and CA$424.8M respectively.
Key information
464.9%
Debt to equity ratio
CA$412.17m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$5.91m |
| Equity | CA$88.66m |
| Total liabilities | CA$424.82m |
| Total assets | CA$513.48m |
Recent financial health updates
No updates
Recent updates
Accord Financial (TSE:ACD) Has Affirmed Its Dividend Of CA$0.075
Feb 11
Accord Financial (TSE:ACD) Has Announced A Dividend Of CA$0.05
Aug 07We Think Accord Financial Corp.'s (TSE:ACD) CEO Compensation Package Needs To Be Put Under A Microscope
Apr 29Are Dividend Investors Making A Mistake With Accord Financial Corp. (TSE:ACD)?
Feb 20Read This Before Buying Accord Financial Corp. (TSE:ACD) Shares
Dec 29
Financial Position Analysis
Short Term Liabilities: ACD's short term assets (CA$477.5M) exceed its short term liabilities (CA$377.8M).
Long Term Liabilities: ACD's short term assets (CA$477.5M) exceed its long term liabilities (CA$47.0M).
Debt to Equity History and Analysis
Debt Level: ACD's net debt to equity ratio (458.2%) is considered high.
Reducing Debt: ACD's debt to equity ratio has increased from 275.9% to 464.9% over the past 5 years.
Debt Coverage: ACD's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ACD's interest payments on its debt are well covered by EBIT.