Accelerate Diagnostics Net Income vs. Market Capitalization

AXDX Stock  USD 1.58  0.01  0.64%   
Based on Accelerate Diagnostics' profitability indicators, Accelerate Diagnostics may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Accelerate Diagnostics' ability to earn profits and add value for shareholders.
 
Net Loss  
First Reported
1995-09-30
Previous Quarter
-11.6 M
Current Value
-14.6 M
Quarterly Volatility
8.3 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Sales General And Administrative To Revenue is likely to rise to 84.40 in 2024, whereas Price To Sales Ratio is likely to drop 3.85 in 2024. At this time, Accelerate Diagnostics' Income Tax Expense is fairly stable compared to the past year. Change To Netincome is likely to rise to about 11.6 M in 2024, despite the fact that Accumulated Other Comprehensive Income is likely to grow to (581.4 K).
For Accelerate Diagnostics profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Accelerate Diagnostics to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Accelerate Diagnostics utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Accelerate Diagnostics's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Accelerate Diagnostics over time as well as its relative position and ranking within its peers.
  
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Is Life Sciences Tools & Services space 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
(2.59)
Revenue Per Share
0.665
Quarterly Revenue Growth
0.022
Return On Assets
(0.76)
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.

Accelerate Diagnostics Market Capitalization vs. Net Income Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Accelerate Diagnostics's current stock value. Our valuation model uses many indicators to compare Accelerate Diagnostics value to that of its competitors to determine the firm's financial worth.
Accelerate Diagnostics is rated below average in net income category among its peers. It is rated below average in market capitalization category among its peers . Accelerate Diagnostics reported Net Loss of (61.62 Million) in 2023. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Accelerate Diagnostics' earnings, one of the primary drivers of an investment's value.

Accelerate Market Capitalization vs. Net Income

Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Accelerate Diagnostics

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
(61.62 M)
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.

Accelerate Diagnostics

Market Cap

 = 

Shares Outstanding

X

Share Price

 = 
39.57 M
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.

Accelerate Market Capitalization vs Competition

Accelerate Diagnostics is rated below average in market capitalization category among its peers. Market capitalization of Health Care industry is presently estimated at about 16.54 Billion. Accelerate Diagnostics adds roughly 39.57 Million in market capitalization claiming only tiny portion of equities under Health Care industry.
Capitalization  Revenue  Total debt  Valuation  Workforce

Accelerate Diagnostics Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Accelerate Diagnostics, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Accelerate Diagnostics will eventually generate negative long term returns. The profitability progress is the general direction of Accelerate Diagnostics' change in net profit over the period of time. It can combine multiple indicators of Accelerate Diagnostics, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-612 K-581.4 K
Operating Income-54 M-51.3 M
Income Before Tax-60.8 M-57.7 M
Total Other Income Expense Net-6.7 M-6.4 M
Net Loss-61.6 M-58.5 M
Income Tax Expense850 K892.5 K
Net Loss-56.2 M-59.1 M
Net Loss-63.2 M-66.4 M
Non Operating Income Net Other-5.5 M-5.8 M
Interest Income1.3 M1.2 M
Net Interest Income-5.7 M-6 M
Change To Netincome8.3 M11.6 M
Net Loss(4.94)(5.19)
Income Quality 0.65  1.13 
Net Income Per E B T 1.01  0.74 

Accelerate Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Accelerate Diagnostics. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Accelerate Diagnostics position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Accelerate Diagnostics' important profitability drivers and their relationship over time.

Use Accelerate Diagnostics in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Accelerate Diagnostics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Accelerate Diagnostics will appreciate offsetting losses from the drop in the long position's value.

Accelerate Diagnostics Pair Trading

Accelerate Diagnostics Pair Trading Analysis

The ability to find closely correlated positions to Accelerate Diagnostics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Accelerate Diagnostics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Accelerate Diagnostics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Accelerate Diagnostics to buy it.
The correlation of Accelerate Diagnostics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Accelerate Diagnostics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Accelerate Diagnostics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Accelerate Diagnostics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

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Additional Tools for Accelerate Stock Analysis

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.