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Accord Financial (Accord Financial) Gross-Profit-to-Asset % : 10.78% (As of Dec. 2023)


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What is Accord Financial Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Accord Financial's annualized Gross Profit for the quarter that ended in Dec. 2023 was $41.50 Mil. Accord Financial's average Total Assets over the quarter that ended in Dec. 2023 was $385.04 Mil. Therefore, Accord Financial's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 10.78%.


Accord Financial Gross-Profit-to-Asset % Historical Data

The historical data trend for Accord Financial's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Accord Financial Gross-Profit-to-Asset % Chart

Accord Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.12 8.69 10.52 8.32 8.89

Accord Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.83 8.56 7.76 7.81 10.78

Competitive Comparison of Accord Financial's Gross-Profit-to-Asset %

For the Credit Services subindustry, Accord Financial's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Accord Financial's Gross-Profit-to-Asset % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Accord Financial's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Accord Financial's Gross-Profit-to-Asset % falls into.



Accord Financial Gross-Profit-to-Asset % Calculation

Accord Financial's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=33.099/( (361.989+382.737)/ 2 )
=33.099/372.363
=8.89 %

Accord Financial's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=41.496/( (387.339+382.737)/ 2 )
=41.496/385.038
=10.78 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Accord Financial Gross-Profit-to-Asset % Related Terms

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Accord Financial (Accord Financial) Business Description

Traded in Other Exchanges
Address
40 Eglinton Avenue East, Suite 602, Toronto, ON, CAN, M4P 3A2
Accord Financial Corp is a provider of asset-based financial services to businesses. Its asset-based financial services include asset-based lending, including factoring, lease financing, working capital financing, credit protection and receivables management, and supply chain financing for importers. The company's revenue comprises interest, including discount fees, and factoring commissions from the company's asset-based financial services, including factoring and leasing, and is measured at the fair value of the consideration received. The company's geographical segments include Canada and the United States.