Accelerate Other Current Liab vs Treasury Stock Analysis

AXDX Stock  USD 1.27  0.22  20.95%   
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 Other Current Liab and its Treasury Stock 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.

Other Current Liab vs Treasury Stock

Other Current Liab vs Treasury Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Accelerate Diagnostics Other Current Liab account and Treasury Stock. At this time, the significance of the direction appears to have pay attention.
The correlation between Accelerate Diagnostics' Other Current Liab and Treasury Stock is -0.77. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Treasury Stock 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' Other Current Liab and Treasury Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Accelerate Diagnostics are associated (or correlated) with its Treasury Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Treasury Stock has no effect on the direction of Other Current Liab i.e., Accelerate Diagnostics' Other Current Liab and Treasury Stock go up and down completely randomly.

Correlation Coefficient

-0.77
Relationship DirectionNegative 
Relationship StrengthWeak

Other Current Liab

Treasury Stock

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 Income1.3M1.2M
Non Recurring2.7K2.4K

Accelerate Diagnostics fundamental ratios Correlations

0.770.040.430.70.08-0.210.140.760.540.020.980.250.140.52-0.170.320.510.251.0-0.58-0.57-0.1-0.680.04-0.32
0.770.24-0.110.840.57-0.70.420.380.79-0.30.650.720.530.750.350.740.780.690.74-0.55-0.520.33-0.50.23-0.77
0.040.24-0.270.370.25-0.540.60.040.37-0.04-0.030.430.280.020.310.530.290.30.02-0.26-0.250.230.350.11-0.47
0.43-0.11-0.27-0.24-0.820.55-0.180.47-0.410.590.55-0.51-0.25-0.5-0.52-0.37-0.55-0.40.47-0.12-0.12-0.25-0.23-0.590.66
0.70.840.37-0.240.59-0.660.380.460.94-0.290.60.650.350.810.20.650.880.580.66-0.61-0.60.1-0.480.45-0.77
0.080.570.25-0.820.59-0.660.14-0.30.7-0.7-0.060.690.280.810.40.520.840.50.03-0.13-0.140.23-0.260.64-0.83
-0.21-0.7-0.540.55-0.66-0.66-0.8-0.02-0.730.25-0.03-0.86-0.83-0.55-0.82-0.98-0.66-0.91-0.160.530.52-0.69-0.1-0.310.9
0.140.420.6-0.180.380.14-0.80.190.390.180.00.650.880.070.820.860.210.830.11-0.55-0.550.750.36-0.12-0.56
0.760.380.040.470.46-0.3-0.020.190.290.260.79-0.030.050.25-0.20.130.250.120.77-0.46-0.44-0.25-0.3-0.05-0.11
0.540.790.37-0.410.940.7-0.730.390.29-0.440.410.750.380.820.310.690.890.630.49-0.39-0.430.18-0.350.48-0.82
0.02-0.3-0.040.59-0.29-0.70.250.180.26-0.440.1-0.340.09-0.58-0.1-0.11-0.57-0.140.05-0.26-0.28-0.080.33-0.770.43
0.980.65-0.030.550.6-0.06-0.030.00.790.410.10.080.00.42-0.330.160.40.080.99-0.52-0.5-0.25-0.69-0.02-0.17
0.250.720.43-0.510.650.69-0.860.65-0.030.75-0.340.080.650.580.680.830.660.810.21-0.31-0.310.66-0.150.16-0.85
0.140.530.28-0.250.350.28-0.830.880.050.380.090.00.650.220.920.890.270.930.12-0.58-0.580.830.23-0.07-0.61
0.520.750.02-0.50.810.81-0.550.070.250.82-0.580.420.580.220.180.460.960.480.48-0.33-0.330.01-0.560.62-0.8
-0.170.350.31-0.520.20.4-0.820.82-0.20.31-0.1-0.330.680.920.180.810.240.89-0.19-0.33-0.330.880.390.05-0.62
0.320.740.53-0.370.650.52-0.980.860.130.69-0.110.160.830.890.460.810.570.920.29-0.62-0.620.730.070.18-0.83
0.510.780.29-0.550.880.84-0.660.210.250.89-0.570.40.660.270.960.240.570.530.47-0.38-0.380.05-0.450.63-0.89
0.250.690.3-0.40.580.5-0.910.830.120.63-0.140.080.810.930.480.890.920.530.22-0.55-0.550.760.050.12-0.79
1.00.740.020.470.660.03-0.160.110.770.490.050.990.210.120.48-0.190.290.470.22-0.57-0.56-0.12-0.680.01-0.28
-0.58-0.55-0.26-0.12-0.61-0.130.53-0.55-0.46-0.39-0.26-0.52-0.31-0.58-0.33-0.33-0.62-0.38-0.55-0.570.97-0.320.26-0.160.43
-0.57-0.52-0.25-0.12-0.6-0.140.52-0.55-0.44-0.43-0.28-0.5-0.31-0.58-0.33-0.33-0.62-0.38-0.55-0.560.97-0.30.22-0.140.42
-0.10.330.23-0.250.10.23-0.690.75-0.250.18-0.08-0.250.660.830.010.880.730.050.76-0.12-0.32-0.30.2-0.06-0.41
-0.68-0.50.35-0.23-0.48-0.26-0.10.36-0.3-0.350.33-0.69-0.150.23-0.560.390.07-0.450.05-0.680.260.220.2-0.270.12
0.040.230.11-0.590.450.64-0.31-0.12-0.050.48-0.77-0.020.16-0.070.620.050.180.630.120.01-0.16-0.14-0.06-0.27-0.44
-0.32-0.77-0.470.66-0.77-0.830.9-0.56-0.11-0.820.43-0.17-0.85-0.61-0.8-0.62-0.83-0.89-0.79-0.280.430.42-0.410.12-0.44
Click cells to compare fundamentals

Accelerate Diagnostics Account Relationship Matchups

Accelerate Diagnostics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets134.4M93.4M83.0M65.0M31.4M48.2M
Other Current Liab5.1M4.3M3.8M3.2M3.4M3.6M
Total Current Liabilities8.2M7.0M6.9M66.6M12.0M12.6M
Total Stockholder Equity(7.4M)(62.8M)(35.1M)(22.3M)(19.9M)(18.9M)
Property Plant And Equipment Net11.8M9.3M7.9M7.8M5.1M2.7M
Net Debt73.1M114.2M71.2M42.6M27.1M28.4M
Retained Earnings(414.7M)(493.0M)(570.7M)(607.2M)(668.9M)(635.4M)
Accounts Payable2.4M1.3M2.0M4.5M4.8M5.0M
Cash61.0M35.8M39.9M34.9M12.1M23.7M
Non Current Assets Total12.6M11.4M9.7M9.0M6.9M5.4M
Non Currrent Assets Other750K(5.9M)1.8M1.2M1.8M1.9M
Cash And Short Term Investments108.5M68.3M63.6M45.6M13.2M12.6M
Net Receivables3.2M1.6M2.3M2.4M2.6M2.8M
Common Stock Shares Outstanding5.4M5.5M5.6M6.2M12.5M13.1M
Liabilities And Stockholders Equity134.4M93.4M83.0M65.0M31.4M48.2M
Non Current Liabilities Total133.6M149.3M111.2M20.7M39.2M23.3M
Other Current Assets1.2M1.8M1.6M2.0M5.3M5.6M
Other Stockholder Equity407.3M430.0M535.6M585.3M649.6M682.0M
Total Liab141.8M156.2M118.1M87.3M51.3M28.6M
Property Plant And Equipment Gross11.8M9.3M7.9M7.8M16.1M16.9M
Total Current Assets121.9M82.0M73.3M56.0M24.5M42.8M
Accumulated Other Comprehensive Income(58K)91K(60K)(400K)(612K)(581.4K)
Common Stock Total Equity56K54K55K58K52.2K49.6K
Common Stock55K58K68K97K14K13.3K
Current Deferred Revenue271K376K451K547K1.5M1.6M
Other Liab19K335K808K1.5M1.4M1.5M
Other Assets750K5.3M1.8M1.2M1.00.95
Property Plant Equipment7.9M6.1M7.9M7.8M8.9M9.4M
Inventory8.1M9.2M5.1M5.2M3.3M2.7M
Net Tangible Assets(7.4M)(62.8M)(35.1M)(22.3M)(20.0M)(19.0M)
Long Term Debt130.0M145.9M108.0M16.9M36.1M51.1M
Retained Earnings Total Equity(330.3M)(414.7M)(493.0M)(570.7M)(513.6M)(487.9M)
Short Term Investments47.4M32.5M23.7M10.7M1.1M1.0M
Capital Surpluse432.9M452.3M475.1M580.7M667.7M701.1M
Non Current Liabilities Other3.6M3.4M3.2M874K1.2M1.6M
Short Long Term Debt Total134.1M150.0M111.1M77.5M39.2M37.3M

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When determining whether Accelerate Diagnostics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Accelerate Diagnostics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Accelerate Diagnostics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Accelerate Diagnostics Stock:
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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

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When running Accelerate Diagnostics' price analysis, check to measure Accelerate Diagnostics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Accelerate Diagnostics is operating at the current time. Most of Accelerate Diagnostics' value examination focuses on studying past and present price action to predict the probability of Accelerate Diagnostics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Accelerate Diagnostics' price. Additionally, you may evaluate how the addition of Accelerate Diagnostics to your portfolios can decrease your overall portfolio volatility.
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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.