Accelerate Diagnostics Inc FCF yield
What is the FCF yield of Accelerate Diagnostics Inc?
The FCF yield of Accelerate Diagnostics Inc is -73.94%
What is the definition of FCF yield?
Free cash flow yield (FCF yield) is a financial ratio that compares the free cash flow per share to the market value per share. The ratio is calculated by dividing free cash flow per share by the current share price.
ttm (trailing twelve months)
Free cash flow yield is a good measure of the company’s cash flow in respect to the company’s size. Larger companies tend to have a higher cash flow yield, but it’s not always the case. The higher the free cash flow yield, the more cash the company is generating that can be quickly accessed to satisfy its obligations. The lower the free cash flow yield, the more money investors are putting into the company with little result. The higher the ratio, the more attractive the investment is as it suggests that investors are paying less for each unit of free cash flow.
Free cash flow acts as an indicator of how capable a company is of repaying all of its obligations. It is a solid indicator of how financially stable a company is. It is calculated as:
Free cash flow yield = Free cash flow per share / market price per share
FCF yield of companies in the Health Care sector on NASDAQ compared to Accelerate Diagnostics Inc
What does Accelerate Diagnostics Inc do?
accelerate diagnostics, inc. (nasdaq:axdx), is an in vitro diagnostics company focused on developing and commercializing innovative systems for the rapid identification and antimicrobial susceptibility testing of infectious pathogens. the company's revolutionary id/ast platform utilizes a proprietary process with both genomic and phenotypic detection technologies that significantly decreases time to result while achieving high sensitivity and specificity. in addition to the id/ast development pipeline, the company also owns and licenses its proprietary optichem™ surface coatings technology, which has numerous applications for binding in bio-analytical systems, such as microarrays.
Companies with fcf yield similar to Accelerate Diagnostics Inc
- Prospector Metals Corp has FCF yield of -74.55%
- One Heritage PLC has FCF yield of -74.46%
- ADC Therapeutics SA has FCF yield of -74.30%
- Usha Resources has FCF yield of -74.10%
- Tamaska Oil and Gas has FCF yield of -74.04%
- Sporttotal AG has FCF yield of -73.99%
- Accelerate Diagnostics Inc has FCF yield of -73.94%
- Juva Life has FCF yield of -73.68%
- Guangzhou Rural Commercial Bank Co has FCF yield of -73.65%
- Global Metals has FCF yield of -73.62%
- Recharge Resources Ltd has FCF yield of -73.62%
- Digital Ally has FCF yield of -73.62%
- NewRange Gold has FCF yield of -73.47%