Accord Financial Corp
Accord Financial Corp., through its subsidiaries, provides asset-based financial services to industrial and commercial enterprises primarily in Canada and the United States. It 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 equipme… Read more
Accord Financial Corp (ACCFF) - Net Assets
Latest net assets as of September 2025: $81.74 Million USD
Based on the latest financial reports, Accord Financial Corp (ACCFF) has net assets worth $81.74 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($436.47 Million) and total liabilities ($354.73 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $81.74 Million |
| % of Total Assets | 18.73% |
| Annual Growth Rate | 5.13% |
| 5-Year Change | -7.55% |
| 10-Year Change | 18.63% |
| Growth Volatility | 10.51 |
Accord Financial Corp - Net Assets Trend (1995–2024)
This chart illustrates how Accord Financial Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Accord Financial Corp (1995–2024)
The table below shows the annual net assets of Accord Financial Corp from 1995 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $86.68 Million | -2.24% |
| 2023-12-31 | $88.66 Million | -16.84% |
| 2022-12-31 | $106.61 Million | +2.55% |
| 2021-12-31 | $103.96 Million | +10.88% |
| 2020-12-31 | $93.76 Million | -2.71% |
| 2019-12-31 | $96.37 Million | +1.24% |
| 2018-12-31 | $95.18 Million | +18.78% |
| 2017-12-31 | $80.13 Million | +5.88% |
| 2016-12-31 | $75.68 Million | +3.58% |
| 2015-12-31 | $73.07 Million | +19.13% |
| 2014-12-31 | $61.33 Million | +14.79% |
| 2013-12-31 | $53.43 Million | +12.73% |
| 2012-12-31 | $47.40 Million | -0.96% |
| 2011-12-31 | $47.86 Million | +7.40% |
| 2010-12-31 | $44.56 Million | +2.78% |
| 2009-12-31 | $43.36 Million | -10.01% |
| 2008-12-31 | $48.18 Million | +22.92% |
| 2007-12-31 | $39.20 Million | -1.31% |
| 2006-12-31 | $39.72 Million | +2.99% |
| 2005-12-31 | $38.56 Million | +10.21% |
| 2004-12-31 | $34.99 Million | -21.89% |
| 2003-12-31 | $44.80 Million | -1.81% |
| 2002-12-31 | $45.63 Million | +7.09% |
| 2001-12-31 | $42.61 Million | +8.73% |
| 2000-12-31 | $39.19 Million | +24.01% |
| 1999-12-31 | $31.60 Million | +13.67% |
| 1998-12-31 | $27.80 Million | +12.55% |
| 1997-12-31 | $24.70 Million | +13.82% |
| 1996-12-31 | $21.70 Million | +6.90% |
| 1995-12-31 | $20.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Accord Financial Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 362.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $62.47 Million | 77.29% |
| Common Stock | $9.45 Million | 11.69% |
| Other Comprehensive Income | $7.07 Million | 8.74% |
| Other Components | $1.84 Million | 2.28% |
| Total Equity | $80.83 Million | 100.00% |
Accord Financial Corp Competitors by Market Cap
The table below lists competitors of Accord Financial Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Perdana Gapura Prima Tbk
JK:GPRA
|
$8.00 Million |
|
Cayman Tung Ling Co Ltd
TWO:2924
|
$8.00 Million |
|
Holistic Asset Finance Group Co. Ltd
PINK:HAFG
|
$8.00 Million |
|
Lealea Hotels & Resorts Co., Ltd.
TWO:5364
|
$8.01 Million |
|
COSMOS HEALTH NEW DL-01
F:V67A
|
$8.00 Million |
|
PT Wahana Interfood Nusantara Tbk
JK:COCO
|
$7.99 Million |
|
Mistral Iberia Real Estate SOCIMI S.A.
MC:YMIB
|
$7.99 Million |
|
Toyota Caetano
LS:SCT
|
$7.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Accord Financial Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 83,904,000 to 80,827,000, a change of -3,077,000 (-3.7%).
- Net loss of 3,139,000 reduced equity.
- Other comprehensive income decreased equity by 8,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.14 Million | -3.88% |
| Other Comprehensive Income | $-8.00K | -0.01% |
| Other Changes | $70.00K | +0.09% |
| Total Change | $- | -3.67% |
Book Value vs Market Value Analysis
This analysis compares Accord Financial Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.27x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.46x to 0.27x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | $1.77 | $2.58 | x |
| 1996-12-31 | $2.12 | $2.58 | x |
| 1997-12-31 | $2.52 | $2.58 | x |
| 1998-12-31 | $2.95 | $2.58 | x |
| 1999-12-31 | $3.26 | $2.58 | x |
| 2000-12-31 | $4.01 | $2.58 | x |
| 2001-12-31 | $4.38 | $2.58 | x |
| 2002-12-31 | $4.81 | $2.58 | x |
| 2003-12-31 | $4.68 | $2.58 | x |
| 2004-12-31 | $3.50 | $2.58 | x |
| 2005-12-31 | $3.82 | $2.58 | x |
| 2006-12-31 | $4.00 | $2.58 | x |
| 2007-12-31 | $4.09 | $2.58 | x |
| 2008-12-31 | $5.06 | $2.58 | x |
| 2009-12-31 | $4.60 | $2.58 | x |
| 2010-12-31 | $4.75 | $2.58 | x |
| 2011-12-31 | $5.38 | $2.58 | x |
| 2012-12-31 | $5.64 | $2.58 | x |
| 2013-12-31 | $6.50 | $2.58 | x |
| 2014-12-31 | $7.39 | $2.58 | x |
| 2015-12-31 | $8.79 | $2.58 | x |
| 2016-12-31 | $9.11 | $2.58 | x |
| 2017-12-31 | $9.20 | $2.58 | x |
| 2018-12-31 | $10.78 | $2.58 | x |
| 2019-12-31 | $10.93 | $2.58 | x |
| 2020-12-31 | $10.50 | $2.58 | x |
| 2021-12-31 | $11.68 | $2.58 | x |
| 2022-12-31 | $11.80 | $2.58 | x |
| 2023-12-31 | $9.80 | $2.58 | x |
| 2024-12-31 | $9.44 | $2.58 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Accord Financial Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -3.88%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.80%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 5.12x
- Recent ROE (-3.88%) is below the historical average (11.58%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 23.20% | 22.46% | 0.58x | 1.80x | $2.39 Million |
| 1996 | 19.82% | 22.28% | 0.54x | 1.65x | $2.13 Million |
| 1997 | 18.22% | 23.56% | 0.60x | 1.30x | $2.03 Million |
| 1998 | 17.27% | 24.24% | 0.45x | 1.59x | $2.02 Million |
| 1999 | 19.62% | 25.41% | 0.39x | 1.97x | $3.04 Million |
| 2000 | 18.96% | 26.05% | 0.36x | 2.04x | $3.51 Million |
| 2001 | 6.85% | 10.96% | 0.39x | 1.59x | $-1.34 Million |
| 2002 | 10.19% | 18.25% | 0.35x | 1.58x | $86.20K |
| 2003 | 13.03% | 22.95% | 0.34x | 1.68x | $1.36 Million |
| 2004 | 21.79% | 27.81% | 0.37x | 2.12x | $4.12 Million |
| 2005 | 16.10% | 23.68% | 0.29x | 2.34x | $2.35 Million |
| 2006 | 17.92% | 24.66% | 0.34x | 2.13x | $3.15 Million |
| 2007 | 16.04% | 22.18% | 0.26x | 2.73x | $2.37 Million |
| 2008 | 10.46% | 17.97% | 0.27x | 2.15x | $223.24K |
| 2009 | 7.12% | 12.84% | 0.25x | 2.26x | $-1.25 Million |
| 2010 | 18.50% | 26.25% | 0.28x | 2.54x | $3.79 Million |
| 2011 | 15.85% | 26.70% | 0.29x | 2.06x | $2.80 Million |
| 2012 | 13.45% | 26.59% | 0.19x | 2.63x | $1.64 Million |
| 2013 | 12.24% | 27.06% | 0.20x | 2.26x | $1.19 Million |
| 2014 | 11.22% | 24.82% | 0.18x | 2.52x | $746.09K |
| 2015 | 11.99% | 29.87% | 0.19x | 2.12x | $1.45 Million |
| 2016 | 8.68% | 25.02% | 0.17x | 2.10x | $-1.00 Million |
| 2017 | 7.86% | 21.81% | 0.11x | 3.28x | $-1.63 Million |
| 2018 | 11.53% | 27.60% | 0.10x | 4.16x | $1.37 Million |
| 2019 | 6.97% | 11.47% | 0.14x | 4.39x | $-2.81 Million |
| 2020 | 0.46% | 0.86% | 0.13x | 4.28x | $-8.57 Million |
| 2021 | 11.89% | 18.73% | 0.12x | 5.20x | $1.89 Million |
| 2022 | 1.41% | 2.11% | 0.14x | 4.87x | $-8.67 Million |
| 2023 | -17.43% | -18.35% | 0.16x | 6.12x | $-23.02 Million |
| 2024 | -3.88% | -6.80% | 0.11x | 5.12x | $-11.22 Million |
Industry Comparison
This section compares Accord Financial Corp's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $46,841,529,614
- Average return on equity (ROE) among peers: 2.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Accord Financial Corp (ACCFF) | $81.74 Million | 23.20% | 4.34x | $8.00 Million |
| Acom Co. Ltd (ACJJF) | $306.73 Billion | 3.47% | 2.77x | $799.50 Million |
| Affirm Holdings Inc (AFRM) | $3.07 Billion | 1.70% | 2.63x | $13.28 Billion |
| Federal Agricultural Mortgage Corporation (AGM) | $47.20 Million | 1.69% | 11.77x | $1.51 Billion |
| Aiful Corp (AIFLF) | $97.47 Billion | -37.44% | 4.75x | $852.52 Million |
| Jianpu Technology Inc (AIJTY) | $520.74 Million | 20.38% | 0.93x | $16.37 Million |
| AIOS Tech Inc. (AIOS) | $40.53 Million | 17.61% | 0.35x | $2.83 Million |
| Ally Financial Inc (ALLY) | $13.49 Billion | 6.88% | 11.39x | $10.34 Billion |
| Alpha Investment Inc (ALPC) | $-38.66K | 0.00% | 0.00x | $166.69 Million |
| Antalpha Platform Holding Co (ANTA) | $202.32 Million | 9.14% | 10.90x | $14.83 Million |