Accolade Balance Sheet Health
Financial Health criteria checks 5/6
Accolade has a total shareholder equity of $454.2M and total debt of $282.7M, which brings its debt-to-equity ratio to 62.3%. Its total assets and total liabilities are $875.7M and $421.5M respectively.
Key information
62.3%
Debt to equity ratio
US$282.74m
Debt
| Interest coverage ratio | n/a |
| Cash | US$302.87m |
| Equity | US$454.18m |
| Total liabilities | US$421.53m |
| Total assets | US$875.71m |
Recent financial health updates
Recent updates
Why Investors Shouldn't Be Surprised By Accolade, Inc.'s (NASDAQ:ACCD) 27% Share Price Surge
Jun 13
Is There Now An Opportunity In Accolade, Inc. (NASDAQ:ACCD)?
May 02An Intrinsic Calculation For Accolade, Inc. (NASDAQ:ACCD) Suggests It's 28% Undervalued
Feb 05Accolade: Inching Closer To Profitability
Oct 17Accolade Q2 2023 Earnings Preview
Oct 05Accolade: Fair And Reasonably Priced, But Needs More Time
Aug 09Accolade Q1 2023 Earnings Preview
Jun 29Accolade: Little Recent Applause
Mar 28Accolade Impresses With Revenue Growth But Faces Operating Losses
Dec 16Accolade: I May Add To My Position
Oct 18Accolade, Inc. (NASDAQ:ACCD) Just Reported And Analysts Have Been Lifting Their Price Targets
Jul 11Accolade, Inc. 2021 Q4 - Results - Earnings Call Presentation
May 06Here's Why We're Not Too Worried About Accolade's (NASDAQ:ACCD) Cash Burn Situation
Mar 19Is Accolade, Inc. (NASDAQ:ACCD) Popular Amongst Institutions?
Jan 15
Accolade is up 7% on acquisition of 2nd.MD
Jan 14Accolade Inc.: Bullish Outlook As Its HealthTech Platform Helps Companies Save
Jan 12Accolade, Inc. 2021 Q3 - Results - Earnings Call Presentation
Jan 11Accolade Q3 2021 Earnings Preview
Jan 06Financial Position Analysis
Short Term Liabilities: ACCD's short term assets ($348.5M) exceed its short term liabilities ($112.7M).
Long Term Liabilities: ACCD's short term assets ($348.5M) exceed its long term liabilities ($308.8M).
Debt to Equity History and Analysis
Debt Level: ACCD has more cash than its total debt.
Reducing Debt: ACCD had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ACCD has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ACCD has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.