Accord Financial Corp.

Accord Financial Corp.verified

ACD.TO

Price:

$4.01

Market Cap:

$34.32M

Accord Financial Corp., through its subsidiaries, provides asset-based financial services to industrial and commercial enterprises primarily in Canada and the United States. The company is involved in the asset-based lending, which entails financing or purchasing receivables on a recourse basis, as well as financing other tangible assets, such as inventory and equipment; and provision of lease and equipment, working capital, and film and media production financing, as well as credit guarantees and collection services. It also offers factoring and credit investigation services; and supply chain financing for importers. The company serves customers operating in manufacturing, retail, services,...[Read more]

Industry

Financial - Credit Services

IPO Date

1995-12-20

Stock Exchange

TSX

Ticker

ACD.TO

The Current Ratio as of November 2024 (TTM) for Accord Financial Corp. (ACD.TO) is 0.04

According to Accord Financial Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 0.04. This represents a change of -51.65% compared to the average of 0.07 of the last 4 quarters.

Accord Financial Corp. (ACD.TO) Historical Current Ratio (quarterly & annually)

How has ACD.TO Current Ratio performed in the past?

The mean historical Current Ratio of Accord Financial Corp. over the last ten years is 0.95. The current 0.04 Current Ratio has changed 271.97% with respect to the historical average. Over the past ten years (40 quarters), ACD.TO's Current Ratio was at its highest in in the June 2019 quarter at 14.63. The Current Ratio was at its lowest in in the December 2023 quarter at 0.02.

Quarterly (TTM)
Annual

Average

0.95

Median

0.92

Minimum

0.02

Maximum

1.90

Accord Financial Corp. (ACD.TO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Accord Financial Corp. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 15.65%

Maximum Annual Current Ratio = 1.90

Minimum Annual Increase = -93.29%

Minimum Annual Current Ratio = 0.02

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.02-93.29%
20220.23-11.08%
20210.25-47.23%
20200.4814.87%
20190.42-70.44%
20181.424.18%
20171.36-28.37%
20161.902.98%
20151.8515.65%
20141.60-9.61%

Accord Financial Corp. (ACD.TO) Average Current Ratio

How has ACD.TO Current Ratio performed in the past?

The current Current Ratio of Accord Financial Corp. (ACD.TO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.17

5-year avg

0.28

10-year avg

0.95

Accord Financial Corp. (ACD.TO) Current Ratio vs. Peers

How is ACD.TO’s Current Ratio compared to its peers?

Accord Financial Corp.’s Current Ratio is less than Algoma Central Corporation (0.65), greater than Chesswood Group Limited (0.03), less than Clairvest Group Inc. (11.72), greater than Clarke Inc. (0), less than ADF Group Inc. (2.11),

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