Achieve Life Financials

ACHV Stock  USD 4.29  0.04  0.92%   
Based on the measurements of operating efficiency obtained from Achieve Life's historical financial statements, Achieve Life Sciences may be sliding down financialy. It has an above-average odds of going through some form of financial crisis next quarter. At this time, Achieve Life's Long Term Debt is fairly stable compared to the past year. Key indicators impacting Achieve Life's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio0.780.8159
Sufficiently Down
Pretty Stable
Investors should never underestimate Achieve Life's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Achieve Life's cash flow, debt, and profitability to make informed and accurate decisions about investing in Achieve Life Sciences.

Net Income

(28.32 Million)

  
Understanding current and past Achieve Life Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Achieve Life's financial statements are interrelated, with each one affecting the others. For example, an increase in Achieve Life's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Achieve Life's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Achieve Life Sciences. Check Achieve Life's Beneish M Score to see the likelihood of Achieve Life's management manipulating its earnings.

Achieve Life Stock Summary

Achieve Life competes with Apellis Pharmaceuticals, Iteos Therapeutics, Tscan Therapeutics, Day One, and Acumen Pharmaceuticals. Achieve Life Sciences, Inc., a clinical-stage pharmaceutical company, develops and commercializes of cytisinicline for smoking cessation and nicotine addiction in Canada, the United States, and the United Kingdom. It has license agreements with Sopharma AD and University of Bristol. Achieve Life operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 16 people.
Specialization
Health Care, Pharmaceuticals, Biotechnology & Life Sciences
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS0044685008
CUSIP68230A106 004468500 004468203 004468104 835692104
LocationWashington; U.S.A
Business Address1040 West Georgia
SectorBiotechnology
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitewww.achievelifesciences.com
Phone604 210 2217
CurrencyUSD - US Dollar

Achieve Life Key Financial Ratios

Achieve Life Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets21.1M40.3M47.5M30.0M19.4M18.4M
Other Current Liab1.8M2.4M3.6M3.8M3.5M3.3M
Net Debt(16.3M)(35.7M)(42.9M)(8.6M)1.2M1.2M
Retained Earnings(45.7M)(60.4M)(93.6M)(135.9M)(165.8M)(157.5M)
Accounts Payable859K332K841K1.7M618K587.1K
Other Current Assets670K2.2M1.4M2.5M1.3M1.3M
Total Liab3.0M3.0M19.5M21.7M20.8M15.7M
Total Current Assets17.4M37.0M44.6M24.8M17.0M16.1M
Short Term Debt203K184K138K16.1M16.7M17.6M
Cash16.7M35.9M43.0M24.8M15.5M20.3M
Common Stock41K76K79K87K90K85.5K
Net Receivables7K8K153K105K111K105.5K
Intangible Assets2.1M1.9M1.6M1.4M1.2M1.1M
Inventory222K(50K)(8K)(2.5M)(2.9M)(3.0M)
Net Tangible Assets14.9M34.4M25.4M5.9M5.3M5.0M
Capital Surpluse41.2M63.7M97.6M144.1M129.7M94.8M

Achieve Life Key Income Statement Accounts

The reason investors look at the income statement is to determine what Achieve Life's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Gross Profit(254K)(255K)(250K)(236K)(228K)(216.6K)
Operating Income(16.5M)(14.8M)(33.1M)(40.8M)(27.3M)(25.9M)
Ebit(16.5M)(14.7M)(33.1M)(40.8M)(27.0M)(25.6M)
Ebitda(16.3M)(14.5M)(32.8M)(40.6M)(26.7M)(25.4M)
Cost Of Revenue254K255K250K236K228K216.6K
Income Before Tax(16.4M)(14.7M)(33.2M)(42.4M)(29.8M)(28.3M)
Net Income(16.1M)(14.7M)(32.9M)(41.9M)(29.8M)(28.3M)
Income Tax Expense(254K)(69K)(250K)(475K)(427.5K)(448.9K)
Research Development9.7M6.9M24.0M30.1M15.8M19.9M
Interest Income170K69K17K199K735K771.8K
Net Interest Income170K69K17K(1.6M)(1.9M)(1.8M)

Achieve Life Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash7.1M19.2M7.2M(18.3M)(9.2M)(8.8M)
Free Cash Flow(15.3M)(13.5M)(29.5M)(37.5M)(24.5M)(23.3M)
Depreciation254K255K250K236K228K271.4K
Other Non Cash Items(3K)2.3M41K1.2M2.4M2.6M
Net Income(16.4M)(14.7M)(33.2M)(42.4M)(29.8M)(28.3M)
End Period Cash Flow16.7M35.9M43.1M24.8M15.5M19.9M
Change To Inventory285K1K153K(48K)(55.2K)(58.0K)
Investments(5.1M)5.1M(17K)0.0(15K)(14.3K)
Change To Netincome1.2M1.3M2.2M3.3M3.8M3.9M

Achieve Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Achieve Life's current stock value. Our valuation model uses many indicators to compare Achieve Life value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Achieve Life competition to find correlations between indicators driving Achieve Life's intrinsic value. More Info.
Achieve Life Sciences is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . At this time, Achieve Life's Return On Equity is fairly stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Achieve Life by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Achieve Life Sciences Systematic Risk

Achieve Life's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Achieve Life volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Achieve Life Sciences correlated with the market. If Beta is less than 0 Achieve Life generally moves in the opposite direction as compared to the market. If Achieve Life Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Achieve Life Sciences is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Achieve Life is generally in the same direction as the market. If Beta > 1 Achieve Life moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Achieve Life Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Achieve Life's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Achieve Life growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0464

At this time, Achieve Life's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Achieve Life November 23, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Achieve Life help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Achieve Life Sciences. We use our internally-developed statistical techniques to arrive at the intrinsic value of Achieve Life Sciences based on widely used predictive technical indicators. In general, we focus on analyzing Achieve Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Achieve Life's daily price indicators and compare them against related drivers.

Additional Tools for Achieve Stock Analysis

When running Achieve Life's price analysis, check to measure Achieve Life's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Achieve Life is operating at the current time. Most of Achieve Life's value examination focuses on studying past and present price action to predict the probability of Achieve Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Achieve Life's price. Additionally, you may evaluate how the addition of Achieve Life to your portfolios can decrease your overall portfolio volatility.