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.