Accelerate Diagnostics Inc (AXDX) — Tangible Net Worth Ratio
Accelerate Diagnostics Inc (AXDX) has a Tangible Net Worth Ratio of 100.0% as of September 2019. This metric is calculated by deducting intangible assets ($0.00) from net assets ($10.22 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See AXDX current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Accelerate Diagnostics Inc Tangible Net Worth Ratio (1996–2018)
This chart shows how Accelerate Diagnostics Inc's Tangible Net Worth Ratio has changed across 23 annual periods from 1996 to 2018. As of September 2019, the ratio stands at 100.0%, reflecting net assets of $10.22 Million with intangible assets of $0.00 USD. See AXDX cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Accelerate Diagnostics Inc (1996–2018)
The table below presents the year-by-year Tangible Net Worth Ratio for Accelerate Diagnostics Inc from 1996 to 2018, covering 23 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see AXDX market cap.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2018 | 99.8% | $57.38 Million | $114.00K | $185.26 Million | ▼ -0.1 pp |
| 2017 | 99.9% | $119.92 Million | $134.00K | $126.73 Million | ▲ +0.1 pp |
| 2016 | 99.8% | $77.82 Million | $146.00K | $82.85 Million | ▼ -0.1 pp |
| 2015 | 99.9% | $133.02 Million | $157.00K | $139.32 Million | ▲ +0.1 pp |
| 2014 | 99.7% | $65.99 Million | $167.00K | $69.80 Million | ▲ +0.3 pp |
| 2013 | 99.4% | $41.52 Million | $240.67K | $43.43 Million | ▲ +4.0 pp |
| 2012 | 95.4% | $14.84 Million | $680.94K | $17.21 Million | ▲ +53.3 pp |
| 2011 | 42.1% | $4.82 Million | $2.79 Million | $6.26 Million | ▲ +2.6 pp |
| 2010 | 39.6% | $4.91 Million | $2.97 Million | $6.27 Million | ▲ +20.9 pp |
| 2009 | 18.6% | $3.89 Million | $3.17 Million | $5.23 Million | ▼ -5.5 pp |
| 2008 | 24.2% | $4.41 Million | $3.35 Million | $5.83 Million | ▼ -4.7 pp |
| 2007 | 28.9% | $4.88 Million | $3.47 Million | $6.14 Million | ▼ -16.1 pp |
| 2006 | 44.9% | $6.74 Million | $3.71 Million | $7.85 Million | ▼ -15.0 pp |
| 2005 | 59.9% | $9.67 Million | $3.88 Million | $11.01 Million | ▼ -5.4 pp |
| 2004 | 65.3% | $11.74 Million | $4.07 Million | $12.72 Million | ▼ -1.3 pp |
| 2003 | 66.6% | $12.73 Million | $4.26 Million | $13.75 Million | ▲ +0.2 pp |
| 2002 | 66.4% | $13.74 Million | $4.62 Million | $15.02 Million | ▼ -28.6 pp |
| 2001 | 95.0% | $9.61 Million | $485.00K | $10.73 Million | ▼ -5.0 pp |
| 2000 | 100.0% | $11.26 Million | $0.00 | $13.11 Million | ▲ +0.0 pp |
| 1999 | 100.0% | $12.24 Million | $0.00 | $14.07 Million | ▲ +0.0 pp |
| 1998 | 100.0% | $12.36 Million | $0.00 | $13.97 Million | ▲ +0.0 pp |
| 1997 | 100.0% | $9.20 Million | $0.00 | $9.80 Million | ▲ +0.0 pp |
| 1996 | 100.0% | $1.90 Million | $0.00 | $2.30 Million | — |