Accolade, Inc.

Accolade, Inc.verified

ACCD

Price:

$4.275

Market Cap:

$342.04M

Accolade, Inc., together with its subsidiaries, develops and provides technology-enabled solutions that help people to understand, navigate, and utilize the healthcare system and their workplace benefits in the United States. The company offers a platform with cloud-based technology and multimodal support from a team of health assistants and clinicians, including nurses, physician medical directors, and behavioral health specialists. It also provides second opinion consultation and health care decision support services. The company serves employers who provide their employees and their employees' families a single place to turn for their health, healthcare, and benefits needs. Accolade, Inc....[Read more]

Industry

Medical - Healthcare Information Services

IPO Date

2020-07-01

Stock Exchange

NASDAQ

Ticker

ACCD

The Current Ratio as of September 2024 (TTM) for Accolade, Inc. (ACCD) is 2.75

According to Accolade, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.75. This represents a change of 2.04% compared to the average of 2.70 of the last 4 quarters.

Accolade, Inc. (ACCD) Historical Current Ratio (quarterly & annually)

How has ACCD Current Ratio performed in the past?

The mean historical Current Ratio of Accolade, Inc. over the last ten years is 2.56. The current 2.75 Current Ratio has changed 10.67% with respect to the historical average. Over the past ten years (40 quarters), ACCD's Current Ratio was at its highest in in the November 2020 quarter at 6.05. The Current Ratio was at its lowest in in the November 2018 quarter at 0.

Quarterly (TTM)
Annual

Average

2.56

Median

2.60

Minimum

0.56

Maximum

5.74

Accolade, Inc. (ACCD) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Accolade, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 301.23%

Maximum Annual Current Ratio = 5.74

Minimum Annual Increase = -36.23%

Minimum Annual Current Ratio = 0.56

Quarterly (TTM)
Annual
YearCurrent RatioChange
20242.60-15.12%
20233.06-16.29%
20223.66-36.23%
20215.74301.23%
20201.4372.93%
20190.8346.46%

Accolade, Inc. (ACCD) Average Current Ratio

How has ACCD Current Ratio performed in the past?

The current Current Ratio of Accolade, Inc. (ACCD) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

3.11

5-year avg

3.30

10-year avg

2.56

Accolade, Inc. (ACCD) Current Ratio vs. Peers

How is ACCD’s Current Ratio compared to its peers?

Accolade, Inc.’s Current Ratio is greater than Privia Health Group, Inc. (1.81), greater than HealthStream, Inc. (1.24), greater than National Research Corporation (0.37), greater than Computer Programs and Systems, Inc. (1.44), greater than NextGen Healthcare, Inc. (2.52), greater than Health Catalyst, Inc. (1.18), greater than Definitive Healthcare Corp. (2.31), greater than Premier, Inc. (0.99), greater than Certara, Inc. (2.61), greater than Phreesia, Inc. (1.77), greater than Agiliti, Inc. (1.68), greater than Evolent Health, Inc. (1.08), greater than CareMax, Inc. (0.23), greater than R1 RCM Inc. (1.84),

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