Accelerate Current Deferred Revenue vs Other Stockholder Equity Analysis
AXDX Stock | USD 0.88 0.04 4.35% |
Accelerate Diagnostics financial indicator trend analysis is way more than just evaluating Accelerate Diagnostics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Accelerate Diagnostics is a good investment. Please check the relationship between Accelerate Diagnostics Current Deferred Revenue and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Accelerate Diagnostics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For more information on how to buy Accelerate Stock please use our How to Invest in Accelerate Diagnostics guide.
Current Deferred Revenue vs Other Stockholder Equity
Current Deferred Revenue vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Accelerate Diagnostics Current Deferred Revenue account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Accelerate Diagnostics' Current Deferred Revenue and Other Stockholder Equity is 0.73. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Accelerate Diagnostics, assuming nothing else is changed. The correlation between historical values of Accelerate Diagnostics' Current Deferred Revenue and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Accelerate Diagnostics are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Current Deferred Revenue i.e., Accelerate Diagnostics' Current Deferred Revenue and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.73 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Other Stockholder Equity
Most indicators from Accelerate Diagnostics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Accelerate Diagnostics current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Accelerate Diagnostics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For more information on how to buy Accelerate Stock please use our How to Invest in Accelerate Diagnostics guide.At this time, Accelerate Diagnostics' Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 219.4 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 3.8 M in 2024.
2023 | 2024 (projected) | Interest Income | 1.3M | 1.2M | Non Recurring | 2.7K | 2.4K |
Accelerate Diagnostics fundamental ratios Correlations
Click cells to compare fundamentals
Accelerate Diagnostics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Accelerate Diagnostics fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 134.4M | 93.4M | 83.0M | 65.0M | 31.4M | 48.2M | |
Other Current Liab | 5.1M | 4.3M | 3.8M | 3.2M | 3.4M | 3.6M | |
Total Current Liabilities | 8.2M | 7.0M | 6.9M | 66.6M | 12.0M | 12.6M | |
Total Stockholder Equity | (7.4M) | (62.8M) | (35.1M) | (22.3M) | (19.9M) | (18.9M) | |
Property Plant And Equipment Net | 11.8M | 9.3M | 7.9M | 7.8M | 5.1M | 2.7M | |
Net Debt | 73.1M | 114.2M | 71.2M | 42.6M | 27.1M | 28.4M | |
Retained Earnings | (414.7M) | (493.0M) | (570.7M) | (607.2M) | (668.9M) | (635.4M) | |
Accounts Payable | 2.4M | 1.3M | 2.0M | 4.5M | 4.8M | 5.0M | |
Cash | 61.0M | 35.8M | 39.9M | 34.9M | 12.1M | 23.7M | |
Non Current Assets Total | 12.6M | 11.4M | 9.7M | 9.0M | 6.9M | 5.4M | |
Non Currrent Assets Other | 750K | (5.9M) | 1.8M | 1.2M | 1.8M | 1.9M | |
Cash And Short Term Investments | 108.5M | 68.3M | 63.6M | 45.6M | 13.2M | 12.6M | |
Net Receivables | 3.2M | 1.6M | 2.3M | 2.4M | 2.6M | 2.8M | |
Common Stock Shares Outstanding | 5.4M | 5.5M | 5.6M | 6.2M | 12.5M | 13.1M | |
Liabilities And Stockholders Equity | 134.4M | 93.4M | 83.0M | 65.0M | 31.4M | 48.2M | |
Non Current Liabilities Total | 133.6M | 149.3M | 111.2M | 20.7M | 39.2M | 23.3M | |
Other Current Assets | 1.2M | 1.8M | 1.6M | 2.0M | 5.3M | 5.6M | |
Other Stockholder Equity | 407.3M | 430.0M | 535.6M | 585.3M | 649.6M | 682.0M | |
Total Liab | 141.8M | 156.2M | 118.1M | 87.3M | 51.3M | 28.6M | |
Property Plant And Equipment Gross | 11.8M | 9.3M | 7.9M | 7.8M | 16.1M | 16.9M | |
Total Current Assets | 121.9M | 82.0M | 73.3M | 56.0M | 24.5M | 42.8M | |
Accumulated Other Comprehensive Income | (58K) | 91K | (60K) | (400K) | (612K) | (581.4K) | |
Common Stock Total Equity | 56K | 54K | 55K | 58K | 52.2K | 49.6K | |
Common Stock | 55K | 58K | 68K | 97K | 14K | 13.3K | |
Current Deferred Revenue | 271K | 376K | 451K | 547K | 1.5M | 1.6M | |
Other Liab | 19K | 335K | 808K | 1.5M | 1.4M | 1.5M | |
Other Assets | 750K | 5.3M | 1.8M | 1.2M | 1.0 | 0.95 | |
Property Plant Equipment | 7.9M | 6.1M | 7.9M | 7.8M | 8.9M | 9.4M | |
Inventory | 8.1M | 9.2M | 5.1M | 5.2M | 3.3M | 2.7M | |
Net Tangible Assets | (7.4M) | (62.8M) | (35.1M) | (22.3M) | (20.0M) | (19.0M) | |
Long Term Debt | 130.0M | 145.9M | 108.0M | 16.9M | 36.1M | 51.1M | |
Retained Earnings Total Equity | (330.3M) | (414.7M) | (493.0M) | (570.7M) | (513.6M) | (487.9M) | |
Short Term Investments | 47.4M | 32.5M | 23.7M | 10.7M | 1.1M | 1.0M | |
Capital Surpluse | 432.9M | 452.3M | 475.1M | 580.7M | 667.7M | 701.1M | |
Non Current Liabilities Other | 3.6M | 3.4M | 3.2M | 874K | 1.2M | 1.6M | |
Short Long Term Debt Total | 134.1M | 150.0M | 111.1M | 77.5M | 39.2M | 37.3M |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Accelerate Diagnostics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For more information on how to buy Accelerate Stock please use our How to Invest in Accelerate Diagnostics guide.Note that the Accelerate Diagnostics information on this page should be used as a complementary analysis to other Accelerate Diagnostics' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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Is Accelerate Diagnostics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Accelerate Diagnostics. If investors know Accelerate will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Accelerate Diagnostics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.94) | Revenue Per Share 0.966 | Quarterly Revenue Growth 0.019 | Return On Assets (0.70) |
The market value of Accelerate Diagnostics is measured differently than its book value, which is the value of Accelerate that is recorded on the company's balance sheet. Investors also form their own opinion of Accelerate Diagnostics' value that differs from its market value or its book value, called intrinsic value, which is Accelerate Diagnostics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Accelerate Diagnostics' market value can be influenced by many factors that don't directly affect Accelerate Diagnostics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Accelerate Diagnostics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Accelerate Diagnostics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Accelerate Diagnostics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.