Accolade Total Current Assets from 2010 to 2024

ACCD Stock  USD 3.36  0.02  0.59%   
Accolade's Total Current Assets are increasing over the years with slightly volatile fluctuation. Total Current Assets are expected to dwindle to about 264 M. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
2019-02-28
Previous Quarter
271 M
Current Value
274.7 M
Quarterly Volatility
131.3 M
 
Covid
Check Accolade financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Accolade's main balance sheet or income statement drivers, such as Tax Provision of 1.3 M, Net Interest Income of 6.2 M or Interest Income of 218 K, as well as many indicators such as Price To Sales Ratio of 1.89, Dividend Yield of 0.0 or PTB Ratio of 1.81. Accolade financial statements analysis is a perfect complement when working with Accolade Valuation or Volatility modules.
  
Check out the analysis of Accolade Correlation against competitors.
For information on how to trade Accolade Stock refer to our How to Trade Accolade Stock guide.

Latest Accolade's Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of Accolade over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. Accolade's Total Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Accolade's overall financial position and show how it may be relating to other accounts over time.
Total Current Assets10 Years Trend
Slightly volatile
   Total Current Assets   
       Timeline  

Accolade Total Current Assets Regression Statistics

Arithmetic Mean164,135,075
Geometric Mean73,452,712
Coefficient Of Variation110.96
Mean Deviation165,704,890
Median23,443,000
Standard Deviation182,130,804
Sample Variance33171.6T
Range430.5M
R-Value0.76
Mean Square Error15129.7T
R-Squared0.58
Significance0
Slope30,921,357
Total Sum of Squares464402.8T

Accolade Total Current Assets History

2024264 M
2023280.5 M
2022365.9 M
2021409.1 M
2019454 M
201846.9 M

About Accolade Financial Statements

Accolade stakeholders use historical fundamental indicators, such as Accolade's Total Current Assets, to determine how well the company is positioned to perform in the future. Although Accolade investors may analyze each financial statement separately, they are all interrelated. For example, changes in Accolade's assets and liabilities are reflected in the revenues and expenses on Accolade's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Accolade. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Current Assets280.5 M264 M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Accolade is a strong investment it is important to analyze Accolade's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Accolade's future performance. For an informed investment choice regarding Accolade Stock, refer to the following important reports:
Check out the analysis of Accolade Correlation against competitors.
For information on how to trade Accolade Stock refer to our How to Trade Accolade Stock guide.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Health Care Technology 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 Accolade. If investors know Accolade 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 Accolade listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.02)
Revenue Per Share
5.706
Quarterly Revenue Growth
0.098
Return On Assets
(0.07)
Return On Equity
(0.19)
The market value of Accolade is measured differently than its book value, which is the value of Accolade that is recorded on the company's balance sheet. Investors also form their own opinion of Accolade's value that differs from its market value or its book value, called intrinsic value, which is Accolade's 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 Accolade's market value can be influenced by many factors that don't directly affect Accolade's 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 Accolade's value and its price as these two are different measures arrived at by different means. Investors typically determine if Accolade is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Accolade's 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.