Steve Reichling - Accelerate Diagnostics CFO, Chief Accounting Officer and Secretary

AXDX Stock  USD 1.57  0.08  4.85%   

CFO

Mr. Steve Reichling is Chief Financial Officer of Accelerate Diagnostics Inc. since September 10, 2012. Prior to joining the Company, Mr. Reichling served as general manager of Spring Bioscience Corporationration a subsidiary of Roche Tissue Diagnostics. From January 2003 to December 2009, Mr. Reichling held various finance, accounting and operations leadership roles at Roche Tissue Diagnostics and Ventana Medical Systems, Inc. including director of finance and operations, manager of business development finance, and head of Internal Audit and Sarbanes Oxley Compliance. From October 2002 to January 2003, Mr. Reichling was an auditor at Ernst Young LLP since 2012.
Age 46
Tenure 12 years
Address 3950 South Country Club Road, Tucson, AZ, United States, 85714
Phone520 365 3100
Webhttps://acceleratediagnostics.com
Reichling received his B.S. in accounting and entrepreneurship from the University of Arizona and is a Certified Public Accountant.

Accelerate Diagnostics Management Efficiency

The company has return on total asset (ROA) of (0.7585) % which means that it has lost $0.7585 on every $100 spent on assets. This is way below average. Accelerate Diagnostics' management efficiency ratios could be used to measure how well Accelerate Diagnostics manages its routine affairs as well as how well it operates its assets and liabilities. Return On Equity is likely to rise to 3.25 in 2024, despite the fact that Return On Tangible Assets are likely to grow to (1.87). At this time, Accelerate Diagnostics' Total Assets are fairly stable compared to the past year. Non Currrent Assets Other is likely to rise to about 1.9 M in 2024, whereas Non Current Assets Total are likely to drop slightly above 5.4 M in 2024.
Accelerate Diagnostics currently holds 39.22 M in liabilities with Debt to Equity (D/E) ratio of 2.76, implying the company greatly relies on financing operations through barrowing. Accelerate Diagnostics has a current ratio of 4.39, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Accelerate Diagnostics' use of debt, we should always consider it together with its cash and equity.

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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. Accelerate Diagnostics, Inc. was incorporated in 1982 and is headquartered in Tucson, Arizona. Accelerate Diagnosti operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 220 people. Accelerate Diagnostics (AXDX) is traded on NASDAQ Exchange in USA. It is located in 3950 South Country Club Road, Tucson, AZ, United States, 85714 and employs 134 people. Accelerate Diagnostics is listed under Life Sciences Tools & Services category by Fama And French industry classification.

Management Performance

Accelerate Diagnostics Leadership Team

Elected by the shareholders, the Accelerate Diagnostics' board of directors comprises two types of representatives: Accelerate Diagnostics inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Accelerate. The board's role is to monitor Accelerate Diagnostics' management team and ensure that shareholders' interests are well served. Accelerate Diagnostics' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Accelerate Diagnostics' outside directors are responsible for providing unbiased perspectives on the board's policies.
Lawrence Mertz, Chief Officer
Michael Bridge, Gen VP
Laura Costa, VP Support
Rita Boukamel, Senior EMEA
Jack Phillips, President CEO
Maya Gowri, Senior Operations
Ron Price, Senior Vice President Head - Commercial Operations
Cherif Bousselham, VP EMEA
Chris Thode, Senior Commercial
Steve Reichling, CFO, Chief Accounting Officer and Secretary
Gretchen Strohminger, Senior Culture
John Meduri, Chief Officer
Laura Pierson, Investor Officer
David Patience, Principal CFO

Accelerate Stock Performance Indicators

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