Accelerate Diagnostics (MEX:AXDX) Tax Rate %: 0.68% (As of Dec. 2024)

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MEX:AXDX Accelerate Diagnostics Inc MEX:AXDX
12 GF Score
Price MXN1.75
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What is Accelerate Diagnostics Tax Rate %?

Accelerate Diagnostics MEX:AXDX 12 Tax Rate % is 0.68% as of Dec. 2024. GuruFocus rates MEX:AXDX with a GF Score™ of 12/100.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Accelerate Diagnostics's Tax Expense for the three months ended in Dec. 2024 was MXN-1.4 Mil. Accelerate Diagnostics's Pre-Tax Income for the three months ended in Dec. 2024 was MXN-201.4 Mil. Therefore, Accelerate Diagnostics's Tax Rate % for the quarter that ended in Dec. 2024 was 0.68%.

Accelerate Diagnostics Tax Rate % Related Terms

Accelerate Diagnostics Tax Rate % Historical Data

* Premium members only.

The historical data trend for Accelerate Diagnostics's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Accelerate Diagnostics Tax Rate % Chart

Accelerate Diagnostics Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 -0.06 0.12 -1.40 0.13

Accelerate Diagnostics Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.54 0.00 0.00 0.00 0.68
MEX:AXDX
12GF Score
Accelerate Diagnostics Inc MEX:AXDX
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Accelerate Diagnostics Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Accelerate Diagnostics's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2024 )/Pre-Tax Income (A: Dec. 2024 )
=-1.376/-1045.1
=0.13 %

Accelerate Diagnostics's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2024 )/Pre-Tax Income (Q: Dec. 2024 )
=-1.376/-201.362
=0.68 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 0.68% mean?
Accelerate Diagnostics (MEX:AXDX) has a Tax Rate % of 0.68% as of Dec. 2024.
Is Accelerate Diagnostics' Tax Rate % too high?
Accelerate Diagnostics' current Tax Rate % is 0.68%. Overall, Accelerate Diagnostics has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Accelerate Diagnostics' Tax Rate % compare to MSIU and BIOLQ?
Accelerate Diagnostics' Tax Rate % of 0.68% can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Medical Devices & Instruments company?
A good Tax Rate % depends on the Medical Devices & Instruments industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Accelerate Diagnostics's current Tax Rate % is 0.68%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Accelerate Diagnostics stock overvalued right now?
Accelerate Diagnostics (MEX:AXDX) has a current Tax Rate % of 0.68%. The current Tax Rate % is 0.68%. Accelerate Diagnostics' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Accelerate Diagnostics (MEX:AXDX), the current Tax Rate % is 0.68% as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Accelerate Diagnostics Business Description

Address 3950 South Country Club Road, Suite 470, Tucson, AZ, USA, 85714
Accelerate Diagnostics Inc is an in vitro diagnostics company dedicated to providing solutions that improve patient outcomes and lower healthcare costs through the rapid diagnosis of serious infections. Its Clinical Microbiology products include Accelerate Pheno system, Accelerate PhenoTest BC Kit, and Accelerate Arc module & BC kit. The company earns the majority of its revenue from the domestic market. The group operates as one operating segment, deriving instrument, consumable, and service revenues from customers engaged in healthcare diagnostics within the United States. Product revenue is derived from the sale or rental of instruments and sales of related consumable products. Service revenue is derived from the sale of extended service agreements.
12GF Score

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Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1.75
Price