Accolade Balance Sheet Health
Financial Health criteria checks 5/6
Accolade has a total shareholder equity of $434.7M and total debt of $208.2M, which brings its debt-to-equity ratio to 47.9%. Its total assets and total liabilities are $785.5M and $350.8M respectively.
Key information
47.9%
Debt to equity ratio
US$208.18m
Debt
| Interest coverage ratio | n/a |
| Cash | US$230.02m |
| Equity | US$434.72m |
| Total liabilities | US$350.75m |
| Total assets | US$785.47m |
Recent financial health updates
Recent updates
Accolade: Staying Bullish On Favorable Developments
Apr 05Why We're Not Concerned About Accolade, Inc.'s (NASDAQ:ACCD) Share Price
Feb 17
Accolade: Remain Confident That FY25 Guided Growth Is Achievable
Jan 17Accolade: Turning Bullish After Beat-And-Raise Quarter (Rating Upgrade)
Jan 11Why Investors Shouldn't Be Surprised By Accolade, Inc.'s (NASDAQ:ACCD) 27% Share Price Surge
Jun 13Is 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 ($272.1M) exceed its short term liabilities ($115.7M).
Long Term Liabilities: ACCD's short term assets ($272.1M) exceed its long term liabilities ($235.1M).
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.