Accelerate Diagnostics, Inc.

Accelerate Diagnostics, Inc.verified

AXDX

Price:

$1.51

Market Cap:

$35.76M

Accelerate Diagnostics, Inc., an in vitro diagnostics company, provides solutions for the diagnosis of serious infections in the United States, Europe, and the Middle East. The company offers Accelerate Pheno system, an in vitro diagnostic platform for the identification and antibiotic susceptibility testing of pathogens associated with serious or health care-associated infections, including gram-positive and gram-negative organisms. It also provides the Accelerate PhenoTest, a test kit for the system, which provides identify and antibiotic susceptibility testing results for patients suspected of bacteremia or fungemia, both life-threatening conditions with high morbidity and mortality risk....[Read more]

Industry

Medical - Devices

IPO Date

1994-04-07

Stock Exchange

NASDAQ

Ticker

AXDX

The Current Ratio as of September 2024 (TTM) for Accelerate Diagnostics, Inc. (AXDX) is 1.28

According to Accelerate Diagnostics, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.28. This represents a change of -9.66% compared to the average of 1.42 of the last 4 quarters.

Accelerate Diagnostics, Inc. (AXDX) Historical Current Ratio (quarterly & annually)

How has AXDX Current Ratio performed in the past?

The mean historical Current Ratio of Accelerate Diagnostics, Inc. over the last ten years is 14.96. The current 1.28 Current Ratio has changed 755.71% with respect to the historical average. Over the past ten years (40 quarters), AXDX's Current Ratio was at its highest in in the September 2018 quarter at 35.26. The Current Ratio was at its lowest in in the March 2023 quarter at 0.63.

Quarterly (TTM)
Annual

Average

14.96

Median

16.34

Minimum

0.84

Maximum

25.28

Accelerate Diagnostics, Inc. (AXDX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Accelerate Diagnostics, 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 = 141.57%

Maximum Annual Current Ratio = 25.28

Minimum Annual Increase = -92.03%

Minimum Annual Current Ratio = 0.84

Quarterly (TTM)
Annual
YearCurrent RatioChange
20232.03141.57%
20220.84-92.03%
202110.56-10.25%
202011.76-21.20%
201914.93-34.76%
201822.8828.88%
201717.76-8.65%
201619.44-23.12%
201525.284.86%
201424.11-34.96%

Accelerate Diagnostics, Inc. (AXDX) Average Current Ratio

How has AXDX Current Ratio performed in the past?

The current Current Ratio of Accelerate Diagnostics, Inc. (AXDX) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

4.48

5-year avg

8.03

10-year avg

14.96

Accelerate Diagnostics, Inc. (AXDX) Current Ratio vs. Peers

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

Accelerate Diagnostics, Inc.’s Current Ratio is less than CVRx, Inc. (10.08), less than NeuroPace, Inc. (6.37), less than Anika Therapeutics, Inc. (5.93), less than AxoGen, Inc. (3.51), less than Artivion, Inc. (4.63), less than Sight Sciences, Inc. (11.01), less than Orthofix Medical Inc. (2.48), less than Avanos Medical, Inc. (2.28), less than CONMED Corporation (2.34), less than OrthoPediatrics Corp. (4.90), less than Surmodics, Inc. (3.98), less than Integer Holdings Corporation (3.29), greater than ProSomnus, Inc. Common Stock (0.30), less than LivaNova PLC (3.45), less than Electromed, Inc. (5.75), less than Pulmonx Corporation (8.96), less than IRadimed Corporation (9.87),

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