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Accord Financial (TSX:ACD) Market Cap : C$38.52 Mil (As of Apr. 28, 2024)


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What is Accord Financial Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Accord Financial's share price for the quarter that ended in Dec. 2023 was C$4.61. Accord Financial's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 8.56 Mil. Therefore, Accord Financial's market cap for the quarter that ended in Dec. 2023 was C$39.46 Mil.

Accord Financial's quarterly market cap declined from Jun. 2023 (C$53.07 Mil) to Sep. 2023 (C$47.93 Mil) and declined from Sep. 2023 (C$47.93 Mil) to Dec. 2023 (C$39.46 Mil).

Accord Financial's annual market cap declined from Dec. 2021 (C$71.89 Mil) to Dec. 2022 (C$65.90 Mil) and declined from Dec. 2022 (C$65.90 Mil) to Dec. 2023 (C$39.46 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Accord Financial's Enterprise Value for Today is C$451.41 Mil.


Accord Financial Market Cap Historical Data

The historical data trend for Accord Financial's Market Cap 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 Market Cap Chart

Accord Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 86.49 57.34 71.89 65.90 39.46

Accord Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Market Cap 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 65.90 60.60 53.07 47.93 39.46

Competitive Comparison of Accord Financial's Market Cap

For the Credit Services subindustry, Accord Financial's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Accord Financial's Market Cap distribution charts can be found below:

* The bar in red indicates where Accord Financial's Market Cap falls into.



Accord Financial Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Accord Financial's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=C$4.61*8.55891
=C$39.46

Accord Financial's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=C$4.61*8.55891
=C$39.46

* 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.


Accord Financial  (TSX:ACD) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Accord Financial Market Cap Related Terms

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Accord Financial (TSX:ACD) Business Description

Traded in Other Exchanges
N/A
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.

Accord Financial (TSX:ACD) Headlines

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