Accord Financial Balance Sheet Health
Financial Health criteria checks 2/6
Accord Financial has a total shareholder equity of CA$87.6M and total debt of CA$314.8M, which brings its debt-to-equity ratio to 359.5%. Its total assets and total liabilities are CA$420.1M and CA$332.6M respectively.
Key information
359.5%
Debt to equity ratio
CA$314.79m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$8.88m |
| Equity | CA$87.56m |
| Total liabilities | CA$332.56m |
| Total assets | CA$420.12m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ACCF.F's short term assets (CA$385.9M) exceed its short term liabilities (CA$274.9M).
Long Term Liabilities: ACCF.F's short term assets (CA$385.9M) exceed its long term liabilities (CA$57.7M).
Debt to Equity History and Analysis
Debt Level: ACCF.F's net debt to equity ratio (349.4%) is considered high.
Reducing Debt: ACCF.F's debt to equity ratio has increased from 298.9% to 359.5% over the past 5 years.
Debt Coverage: ACCF.F's debt is not well covered by operating cash flow (14.5%).
Interest Coverage: Insufficient data to determine if ACCF.F's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 10:54 |
| End of Day Share Price | 2024/12/16 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Accord Financial Corp. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Greg McLeish | Leede Jones Gable Inc |