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Accord Financial (TSX:ACD) Tax Rate % : -19.41% (As of Sep. 2024)


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What is Accord Financial Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Accord Financial's Tax Expense for the three months ended in Sep. 2024 was C$0.10 Mil. Accord Financial's Pre-Tax Income for the three months ended in Sep. 2024 was C$-0.51 Mil. Therefore, Accord Financial's Tax Rate % for the quarter that ended in Sep. 2024 was -19.41%.


Accord Financial Tax Rate % Historical Data

The historical data trend for Accord Financial's Tax Rate % 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.

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Accord Financial Tax Rate % Chart

Accord Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.82 114.97 11.55 37.83 43.39

Accord Financial Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Tax Rate % 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 27.04 50.28 30.74 -19.55 -19.41

Accord Financial Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Accord Financial's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=-11.798/-27.191
=43.39 %

Accord Financial's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=0.099/-0.51
=-19.41 %

* 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 Tax Rate % Related Terms

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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. The company's 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.
Executives
Irene Eddy Senior Officer
Simon Jonathan Hitzig Director
Austin Cecil Beutel Director, Director or Senior Officer of 10% Security Holder
Robert Jonathan Beutel 10% Security Holder
Terry Keating Senior Officer
Frederick Alan Moss Subsidiary

Accord Financial Headlines

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