Accelerate Diagnostics Inc (AXDX) — Working Capital to Net Assets Ratio
Accelerate Diagnostics Inc (AXDX) has a Working Capital to Net Assets ratio of 16.0% as of March 2025. Working capital of $-8.96 Million (current assets of $22.24 Million minus current liabilities of $31.20 Million) is measured against net assets of $-56.04 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See debt-free asset ratio of Accelerate Diagnostics Inc to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Accelerate Diagnostics Inc Working Capital to Net Assets (1996–2024)
This chart shows how Accelerate Diagnostics Inc's Working Capital to Net Assets ratio has evolved across 29 annual periods from 1996 to 2024. As of March 2025, the ratio stands at 16.0%, reflecting working capital of $-8.96 Million against net assets of $-56.04 Million USD. Check tangible net worth ratio of Accelerate Diagnostics Inc to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Accelerate Diagnostics Inc (1996–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Accelerate Diagnostics Inc from 1996 to 2024, covering 29 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see market cap of Accelerate Diagnostics Inc.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 16.0% | $-8.96 Million | $-56.04 Million | $22.24 Million | $31.20 Million | ▲ +78.5 pp |
| 2023 | -62.5% | $12.43 Million | $-19.89 Million | $24.47 Million | $12.03 Million | ▼ -109.9 pp |
| 2022 | 47.4% | $-10.54 Million | $-22.26 Million | $56.01 Million | $66.56 Million | ▲ +236.6 pp |
| 2021 | -189.3% | $66.39 Million | $-35.07 Million | $73.33 Million | $6.95 Million | ▼ -69.9 pp |
| 2020 | -119.4% | $75.02 Million | $-62.81 Million | $81.99 Million | $6.97 Million | ▲ +1421.3 pp |
| 2019 | -1540.7% | $113.69 Million | $-7.38 Million | $121.85 Million | $8.16 Million | ▼ -1836.8 pp |
| 2018 | 296.1% | $169.88 Million | $57.38 Million | $177.64 Million | $7.76 Million | ▲ +201.3 pp |
| 2017 | 94.8% | $113.70 Million | $119.92 Million | $120.49 Million | $6.79 Million | ▼ -0.8 pp |
| 2016 | 95.6% | $74.41 Million | $77.82 Million | $78.45 Million | $4.04 Million | ▼ -1.2 pp |
| 2015 | 96.9% | $128.84 Million | $133.02 Million | $134.15 Million | $5.31 Million | ▼ -0.6 pp |
| 2014 | 97.5% | $64.31 Million | $65.99 Million | $67.10 Million | $2.78 Million | ▼ -1.3 pp |
| 2013 | 98.8% | $41.01 Million | $41.52 Million | $42.14 Million | $1.14 Million | ▲ +6.8 pp |
| 2012 | 92.0% | $13.65 Million | $14.84 Million | $15.04 Million | $1.39 Million | ▲ +63.9 pp |
| 2011 | 28.1% | $1.35 Million | $4.82 Million | $1.42 Million | $69.34K | ▲ +14.4 pp |
| 2010 | 13.8% | $675.44K | $4.91 Million | $751.10K | $75.65K | ▼ -6.4 pp |
| 2009 | 20.2% | $785.11K | $3.89 Million | $943.22K | $158.10K | ▼ -4.9 pp |
| 2008 | 25.0% | $1.10 Million | $4.41 Million | $1.38 Million | $272.17K | ▼ -3.2 pp |
| 2007 | 28.2% | $1.38 Million | $4.88 Million | $1.53 Million | $155.33K | ▼ -15.2 pp |
| 2006 | 43.4% | $2.92 Million | $6.74 Million | $3.08 Million | $162.49K | ▼ -14.9 pp |
| 2005 | 58.3% | $5.63 Million | $9.67 Million | $6.13 Million | $497.09K | ▼ -3.6 pp |
| 2004 | 61.8% | $7.26 Million | $11.74 Million | $7.50 Million | $246.79K | ▼ -4.2 pp |
| 2003 | 66.0% | $8.41 Million | $12.73 Million | $8.77 Million | $366.83K | ▼ -0.5 pp |
| 2002 | 66.5% | $9.14 Million | $13.74 Million | $9.88 Million | $734.17K | ▼ -28.4 pp |
| 2001 | 94.9% | $9.13 Million | $9.61 Million | $9.65 Million | $527.09K | ▲ +1.7 pp |
| 2000 | 93.2% | $10.50 Million | $11.26 Million | $11.12 Million | $622.63K | ▲ +3.6 pp |
| 1999 | 89.6% | $10.97 Million | $12.24 Million | $11.66 Million | $690.70K | ▼ -1.3 pp |
| 1998 | 90.9% | $11.24 Million | $12.36 Million | $12.03 Million | $789.86K | ▼ -2.5 pp |
| 1997 | 93.5% | $8.60 Million | $9.20 Million | $9.00 Million | $400.00K | ▲ +4.0 pp |
| 1996 | 89.5% | $1.70 Million | $1.90 Million | $2.00 Million | $300.00K | — |