Accord Financial Corp. (ACD) - Net Assets
Based on the latest financial reports, Accord Financial Corp. (ACD) has net assets worth CA$46.71 Million CAD (≈ $33.79 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$187.28 Million ≈ $135.48 Million USD) and total liabilities (CA$140.57 Million ≈ $101.69 Million USD). 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. Check Accord Financial Corp. tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$46.71 Million |
| % of Total Assets | 24.94% |
| Annual Growth Rate | 3.3% |
| 5-Year Change | -48.22% |
| 10-Year Change | -28.87% |
| Growth Volatility | 12.96 |
Accord Financial Corp. - Net Assets Trend (1995–2025)
This chart illustrates how Accord Financial Corp.'s net assets have evolved over time, based on quarterly financial data. See ACD days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Accord Financial Corp. (1995–2025)
The table below shows the annual net assets of Accord Financial Corp. from 1995 to 2025. For live valuation and market cap data, see Accord Financial Corp. (ACD) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$53.83 Million ≈ $38.94 Million |
-37.90% |
| 2024-12-31 | CA$86.68 Million ≈ $62.70 Million |
-2.24% |
| 2023-12-31 | CA$88.66 Million ≈ $64.14 Million |
-16.84% |
| 2022-12-31 | CA$106.61 Million ≈ $77.12 Million |
+2.55% |
| 2021-12-31 | CA$103.96 Million ≈ $75.20 Million |
+10.88% |
| 2020-12-31 | CA$93.76 Million ≈ $67.82 Million |
-2.71% |
| 2019-12-31 | CA$96.37 Million ≈ $69.71 Million |
+1.24% |
| 2018-12-31 | CA$95.18 Million ≈ $68.86 Million |
+18.78% |
| 2017-12-31 | CA$80.13 Million ≈ $57.97 Million |
+5.88% |
| 2016-12-31 | CA$75.68 Million ≈ $54.75 Million |
+3.58% |
| 2015-12-31 | CA$73.07 Million ≈ $52.85 Million |
+19.13% |
| 2014-12-31 | CA$61.33 Million ≈ $44.37 Million |
+14.79% |
| 2013-12-31 | CA$53.43 Million ≈ $38.65 Million |
+12.73% |
| 2012-12-31 | CA$47.40 Million ≈ $34.29 Million |
-0.96% |
| 2011-12-31 | CA$47.86 Million ≈ $34.62 Million |
+7.40% |
| 2010-12-31 | CA$44.56 Million ≈ $32.23 Million |
+2.78% |
| 2009-12-31 | CA$43.36 Million ≈ $31.36 Million |
-10.01% |
| 2008-12-31 | CA$48.18 Million ≈ $34.85 Million |
+22.92% |
| 2007-12-31 | CA$39.20 Million ≈ $28.35 Million |
-1.31% |
| 2006-12-31 | CA$39.72 Million ≈ $28.73 Million |
+2.99% |
| 2005-12-31 | CA$38.56 Million ≈ $27.90 Million |
+10.21% |
| 2004-12-31 | CA$34.99 Million ≈ $25.31 Million |
-21.89% |
| 2003-12-31 | CA$44.80 Million ≈ $32.41 Million |
-1.81% |
| 2002-12-31 | CA$45.63 Million ≈ $33.01 Million |
+7.09% |
| 2001-12-31 | CA$42.61 Million ≈ $30.82 Million |
+8.73% |
| 2000-12-31 | CA$39.19 Million ≈ $28.35 Million |
+24.01% |
| 1999-12-31 | CA$31.60 Million ≈ $22.86 Million |
+13.67% |
| 1998-12-31 | CA$27.80 Million ≈ $20.11 Million |
+12.55% |
| 1997-12-31 | CA$24.70 Million ≈ $17.87 Million |
+13.82% |
| 1996-12-31 | CA$21.70 Million ≈ $15.70 Million |
+6.90% |
| 1995-12-31 | CA$20.30 Million ≈ $14.68 Million |
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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 140.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$32.50 Million | 63.74% |
| Common Stock | CA$9.45 Million | 18.53% |
| Other Comprehensive Income | CA$7.16 Million | 14.04% |
| Other Components | CA$1.89 Million | 3.70% |
| Total Equity | CA$50.99 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 |
|---|---|
|
Ensysce Biosciences Inc
NASDAQ:ENSC
|
$3.90 Million |
|
NFT Limited
NYSE MKT:MI
|
$3.90 Million |
|
Telemasters Holdings Ltd
JSE:TLM
|
$3.91 Million |
|
MPAY S.A. ZY-50
F:8NJ
|
$3.91 Million |
|
Classic Minerals Ltd
AU:CLZ
|
$3.90 Million |
|
Young & Co’S Brewery A
LSE:YNGA
|
$3.90 Million |
|
Tesoro Minerals Corp.
V:TES
|
$3.90 Million |
|
Lavide Holding NV
AS:LVIDE
|
$3.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Accord Financial Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 80,827,000 to 50,991,000, a change of -29,836,000 (-36.9%).
- Net loss of 29,969,000 reduced equity.
- Other comprehensive income increased equity by 91,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-29.97 Million | -58.77% |
| Other Comprehensive Income | CA$91.00K | +0.18% |
| Other Changes | CA$42.00K | +0.08% |
| Total Change | CA$- | -36.91% |
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: 0.11x
- 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 0.36x to 0.11x 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 | CA$1.77 | CA$0.63 | x |
| 1996-12-31 | CA$2.12 | CA$0.63 | x |
| 1997-12-31 | CA$2.52 | CA$0.63 | x |
| 1998-12-31 | CA$2.95 | CA$0.63 | x |
| 1999-12-31 | CA$3.26 | CA$0.63 | x |
| 2000-12-31 | CA$4.01 | CA$0.63 | x |
| 2001-12-31 | CA$4.38 | CA$0.63 | x |
| 2002-12-31 | CA$4.81 | CA$0.63 | x |
| 2003-12-31 | CA$4.68 | CA$0.63 | x |
| 2004-12-31 | CA$3.50 | CA$0.63 | x |
| 2005-12-31 | CA$3.82 | CA$0.63 | x |
| 2006-12-31 | CA$4.00 | CA$0.63 | x |
| 2007-12-31 | CA$4.09 | CA$0.63 | x |
| 2008-12-31 | CA$5.06 | CA$0.63 | x |
| 2009-12-31 | CA$4.60 | CA$0.63 | x |
| 2010-12-31 | CA$4.75 | CA$0.63 | x |
| 2011-12-31 | CA$5.38 | CA$0.63 | x |
| 2012-12-31 | CA$5.64 | CA$0.63 | x |
| 2013-12-31 | CA$6.50 | CA$0.63 | x |
| 2014-12-31 | CA$7.39 | CA$0.63 | x |
| 2015-12-31 | CA$8.79 | CA$0.63 | x |
| 2016-12-31 | CA$9.11 | CA$0.63 | x |
| 2017-12-31 | CA$9.18 | CA$0.63 | x |
| 2018-12-31 | CA$10.78 | CA$0.63 | x |
| 2019-12-31 | CA$10.93 | CA$0.63 | x |
| 2020-12-31 | CA$10.50 | CA$0.63 | x |
| 2021-12-31 | CA$11.68 | CA$0.63 | x |
| 2022-12-31 | CA$11.80 | CA$0.63 | x |
| 2023-12-31 | CA$9.80 | CA$0.63 | x |
| 2024-12-31 | CA$9.44 | CA$0.63 | x |
| 2025-12-31 | CA$5.96 | CA$0.63 | 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): -58.77%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -48.42%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 7.00x
- Recent ROE (-58.77%) is below the historical average (9.31%), 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 | CA$2.39 Million |
| 1996 | 19.82% | 22.28% | 0.54x | 1.65x | CA$2.13 Million |
| 1997 | 18.22% | 23.56% | 0.60x | 1.30x | CA$2.03 Million |
| 1998 | 17.27% | 24.24% | 0.45x | 1.59x | CA$2.02 Million |
| 1999 | 19.62% | 25.41% | 0.39x | 1.97x | CA$3.04 Million |
| 2000 | 18.96% | 26.05% | 0.36x | 2.04x | CA$3.51 Million |
| 2001 | 6.85% | 10.96% | 0.39x | 1.59x | CA$-1.34 Million |
| 2002 | 10.19% | 18.25% | 0.35x | 1.58x | CA$86.20K |
| 2003 | 13.03% | 22.95% | 0.34x | 1.68x | CA$1.36 Million |
| 2004 | 21.79% | 27.81% | 0.37x | 2.12x | CA$4.12 Million |
| 2005 | 16.10% | 23.68% | 0.29x | 2.34x | CA$2.35 Million |
| 2006 | 17.92% | 24.66% | 0.34x | 2.13x | CA$3.15 Million |
| 2007 | 16.04% | 22.18% | 0.26x | 2.73x | CA$2.37 Million |
| 2008 | 10.46% | 17.97% | 0.27x | 2.15x | CA$223.24K |
| 2009 | 7.12% | 12.84% | 0.25x | 2.26x | CA$-1.25 Million |
| 2010 | 18.49% | 26.25% | 0.28x | 2.54x | CA$3.79 Million |
| 2011 | 15.85% | 26.70% | 0.29x | 2.06x | CA$2.80 Million |
| 2012 | 13.45% | 26.59% | 0.19x | 2.63x | CA$1.64 Million |
| 2013 | 12.24% | 25.08% | 0.22x | 2.26x | CA$1.19 Million |
| 2014 | 11.22% | 24.82% | 0.18x | 2.52x | CA$746.09K |
| 2015 | 11.99% | 29.87% | 0.19x | 2.12x | CA$1.45 Million |
| 2016 | 8.68% | 25.02% | 0.17x | 2.10x | CA$-1.00 Million |
| 2017 | 7.86% | 21.81% | 0.11x | 3.28x | CA$-1.63 Million |
| 2018 | 11.53% | 27.60% | 0.10x | 4.16x | CA$1.37 Million |
| 2019 | 6.97% | 11.47% | 0.14x | 4.39x | CA$-2.81 Million |
| 2020 | 0.46% | 0.86% | 0.13x | 4.28x | CA$-8.57 Million |
| 2021 | 11.89% | 18.73% | 0.12x | 5.20x | CA$1.89 Million |
| 2022 | 1.41% | 2.11% | 0.14x | 4.87x | CA$-8.67 Million |
| 2023 | -17.43% | -18.35% | 0.16x | 6.12x | CA$-23.02 Million |
| 2024 | -3.88% | -3.78% | 0.20x | 5.12x | CA$-11.22 Million |
| 2025 | -58.77% | -48.42% | 0.17x | 7.00x | CA$-35.07 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: $259,732,000
- Average return on equity (ROE) among peers: -0.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Accord Financial Corp. (ACD) | CA$46.71 Million | 23.20% | 3.01x | $3.90 Million |
| Crown Capital Partners Inc (CRWN) | $50.67 Million | -14.75% | 2.29x | $2.34 Million |
| goeasy Ltd (GSY) | $1.05 Billion | 23.52% | 2.95x | $488.07 Million |
| Mint Corp (MIT) | $-67.85 Million | 0.00% | 0.00x | $5.12 Million |
| Propel Holdings Inc (PRL) | $2.03 Million | -9.78% | 15.32x | $706.01 Million |
About 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 also involved in 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 financing, provision of lease and… Read more