Accelerate Diagnostics Balance Sheet Health
Financial Health criteria checks 0/6
Accelerate Diagnostics has a total shareholder equity of $-48.5M and total debt of $58.0M, which brings its debt-to-equity ratio to -119.6%. Its total assets and total liabilities are $32.3M and $80.8M respectively.
Key information
-119.6%
Debt to equity ratio
US$58.01m
Debt
| Interest coverage ratio | n/a |
| Cash | US$20.91m |
| Equity | -US$48.48m |
| Total liabilities | US$80.80m |
| Total assets | US$32.32m |
Recent financial health updates
Recent updates
Market Participants Recognise Accelerate Diagnostics, Inc.'s (NASDAQ:AXDX) Revenues Pushing Shares 38% Higher
Apr 17
Accelerate Diagnostics spikes as Chief Technology Officer raises stake
Aug 30Need To Know: Analysts Are Much More Bullish On Accelerate Diagnostics, Inc. (NASDAQ:AXDX)
Aug 20Accelerate Diagnostics jumps 14% after beating Q2 estimates
Aug 15Need To Know: The Consensus Just Cut Its Accelerate Diagnostics, Inc. (NASDAQ:AXDX) Estimates For 2022
Mar 15Accelerate Diagnostics And T2 Biosystems: Financial Woes Set To Continue In 2022
Jan 04Accelerate Diagnostics: An Investment Assessment
Sep 07Should You Take Comfort From Insider Transactions At Accelerate Diagnostics, Inc. (NASDAQ:AXDX)?
Feb 20
Accelerate Diagnostics foresees Q4 and FY2020 revenue below consensus
Jan 12Reflecting on Accelerate Diagnostics' (NASDAQ:AXDX) Share Price Returns Over The Last Three Years
Dec 29Financial Position Analysis
Short Term Liabilities: AXDX has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: AXDX has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: AXDX has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: AXDX's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: AXDX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AXDX has less than a year of cash runway if free cash flow continues to grow at historical rates of 11.2% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 11:38 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Accelerate Diagnostics, Inc. is covered by 6 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Sean Lavin | BTIG |
| Garrett Nelson | CFRA Equity Research |
| Alexander Nowak | Craig-Hallum Capital Group LLC |