Accolade's balance sheet seems manageable with its US$741.6m...

Accolade's balance sheet seems manageable with its US$741.6m market cap, but needs monitoring. Its future profitability will impact its financial strength. However, its EBIT loss, negative free cash outflow of US$37m, and a US$123m accounting loss make it somewhat risky.

Health Check: How Prudently Does Accolade (NASDAQ:ACCD) Use Debt?

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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