Accord Financial Corp (ACD.TO)
4.03
+0.02
(+0.50%)
CAD |
TSX |
Nov 05, 11:23
Accord Financial Debt to Equity Ratio: 4.494 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2024 | 4.494 |
| March 31, 2024 | 4.674 |
| December 31, 2023 | 4.912 |
| September 30, 2023 | 4.490 |
| June 30, 2023 | 3.982 |
| March 31, 2023 | 3.601 |
| December 31, 2022 | 3.630 |
| September 30, 2022 | 3.575 |
| June 30, 2022 | 3.708 |
| March 31, 2022 | 3.646 |
| December 31, 2021 | 3.971 |
| September 30, 2021 | 3.568 |
| June 30, 2021 | 3.369 |
| March 31, 2021 | 3.110 |
| December 31, 2020 | 3.041 |
| September 30, 2020 | 2.944 |
| June 30, 2020 | 2.642 |
| March 31, 2020 | 3.552 |
| December 31, 2019 | 3.198 |
| September 30, 2019 | 3.135 |
| June 30, 2019 | 3.257 |
| March 31, 2019 | 3.232 |
| December 31, 2018 | 2.924 |
| September 30, 2018 | 2.729 |
| June 30, 2018 | 2.346 |
| Date | Value |
|---|---|
| March 31, 2018 | 2.348 |
| December 31, 2017 | 2.014 |
| September 30, 2017 | 2.019 |
| June 30, 2017 | 1.399 |
| March 31, 2017 | 1.067 |
| December 31, 2016 | 0.9758 |
| September 30, 2016 | 1.27 |
| June 30, 2016 | 1.076 |
| March 31, 2016 | 1.111 |
| December 31, 2015 | 0.921 |
| September 30, 2015 | 1.362 |
| June 30, 2015 | 1.482 |
| March 31, 2015 | 1.466 |
| December 31, 2014 | 1.318 |
| September 30, 2014 | 1.775 |
| June 30, 2014 | 1.851 |
| March 31, 2014 | 1.564 |
| December 31, 2013 | 1.089 |
| September 30, 2013 | 1.405 |
| June 30, 2013 | 1.186 |
| March 31, 2013 | 1.263 |
| December 31, 2012 | 1.457 |
| September 30, 2012 | 1.570 |
| June 30, 2012 | 1.457 |
| March 31, 2012 | 1.191 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
2.642
Minimum
Jun 2020
4.912
Maximum
Dec 2023
3.690
Average
3.601
Median
Mar 2023
Debt to Equity Ratio Benchmarks
| goeasy Ltd | 2.821 |
| Axis Auto Finance Inc | 127.66 |
| Magnetic North Acquisition Corp | -- |
| ECN Capital Corp | 3.601 |
| Atrium Mortgage Investment Corp | 0.3476 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 476.52M |
| Total Liabilities (Quarterly) | 388.33M |
| Shareholders Equity (Quarterly) | 83.67M |
| Current Ratio | 0.2291 |
| Net Debt Paydown Yield | -4.31% |