Achieve Long Term Debt vs Net Working Capital Analysis

ACHV Stock

USD 4.29 0.04 0.92%

Achieve Life financial indicator trend analysis is way more than just evaluating Achieve Life Sciences prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Achieve Life Sciences is a good investment. Please check the relationship between Achieve Life Long Term Debt and its Net Working Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Achieve Life Sciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Long Term Debt vs Net Working Capital

Long Term Debt vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Achieve Life Sciences Long Term Debt account and Net Working Capital. At this time, the significance of the direction appears to have weak relationship.

The correlation between Achieve Life's Long Term Debt and Net Working Capital is 0.32. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Achieve Life Sciences, assuming nothing else is changed. The correlation between historical values of Achieve Life's Long Term Debt and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Achieve Life Sciences are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Long Term Debt i.e., Achieve Life's Long Term Debt and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.32

Relationship Direction	Positive
Relationship Strength	Very Weak

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Long Term Debt

Long-term debt is a debt that Achieve Life Sciences has held for over one year. Long-term debt appears on Achieve Life Sciences balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Achieve Life Sciences balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Net Working Capital

Most indicators from Achieve Life's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Achieve Life Sciences current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Achieve Life Sciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Enterprise Value is likely to climb to about 87 M in 2024, whereas Selling General Administrative is likely to drop slightly above 10.9 M in 2024.

Achieve Life fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Cash	Cash And Short Term Investments	Common Stock Total Equity	Short Term Investments	Common Stock	Current Deferred Revenue	Net Receivables
Total Assets		-0.18	0.59	0.53	0.91	0.05	-0.57	-0.34	0.6	-0.4	0.33	-0.31	0.21	0.58	0.56	0.57	-0.03	1.0	-0.33	0.56	0.99	-0.41	0.76	-0.41	0.75	0.11
Short Long Term Debt Total	-0.18		-0.02	0.27	-0.46	-0.25	0.59	-0.32	0.09	0.15	0.34	0.81	0.25	0.09	0.16	0.43	-0.19	-0.19	0.95	-0.12	-0.18	0.07	-0.09	0.07	0.02	-0.07
Other Current Liab	0.59	-0.02		0.53	0.46	0.3	-0.3	-0.19	0.52	-0.4	0.03	-0.17	0.03	0.11	0.3	0.48	0.28	0.6	-0.12	0.37	0.67	0.01	0.61	0.01	0.22	-0.12
Total Current Liabilities	0.53	0.27	0.53		0.2	0.23	-0.05	-0.49	0.21	-0.69	-0.07	0.06	-0.11	0.23	0.5	0.84	0.03	0.55	0.11	0.22	0.54	-0.08	0.52	-0.08	0.65	0.24
Total Stockholder Equity	0.91	-0.46	0.46	0.2		0.04	-0.62	-0.15	0.57	-0.26	0.27	-0.5	0.04	0.54	0.42	0.18	-0.04	0.9	-0.56	0.45	0.88	-0.44	0.68	-0.44	0.6	0.05
Property Plant And Equipment Net	0.05	-0.25	0.3	0.23	0.04		0.02	0.03	-0.04	-0.46	-0.14	-0.44	-0.21	0.19	-0.04	0.07	0.79	0.08	-0.31	-0.11	0.07	0.65	0.32	0.65	-0.05	0.66
Net Debt	-0.57	0.59	-0.3	-0.05	-0.62	0.02		0.14	0.0	0.11	0.13	0.31	-0.22	-0.03	-0.31	-0.14	0.06	-0.56	0.53	-0.86	-0.59	0.42	-0.04	0.42	-0.21	0.21
Retained Earnings	-0.34	-0.32	-0.19	-0.49	-0.15	0.03	0.14		-0.1	0.45	-0.08	-0.38	0.0	-0.23	-0.96	-0.47	0.2	-0.35	-0.37	-0.34	-0.32	0.4	-0.09	0.4	-0.25	0.01
Accounts Payable	0.6	0.09	0.52	0.21	0.57	-0.04	0.0	-0.1		-0.25	0.38	-0.18	0.2	0.26	0.25	0.29	0.08	0.6	-0.09	0.04	0.66	-0.07	0.79	-0.07	0.37	-0.18
Non Current Assets Total	-0.4	0.15	-0.4	-0.69	-0.26	-0.46	0.11	0.45	-0.25		0.4	0.25	0.35	-0.17	-0.47	-0.43	-0.39	-0.45	0.28	-0.09	-0.45	-0.2	-0.57	-0.2	-0.33	-0.36
Non Currrent Assets Other	0.33	0.34	0.03	-0.07	0.27	-0.14	0.13	-0.08	0.38	0.4		-0.02	0.62	0.61	0.15	0.26	-0.12	0.3	0.25	-0.01	0.26	-0.15	0.29	-0.15	0.28	0.15
Common Stock Shares Outstanding	-0.31	0.81	-0.17	0.06	-0.5	-0.44	0.31	-0.38	-0.18	0.25	-0.02		0.16	-0.17	0.22	0.2	-0.38	-0.32	0.91	0.11	-0.31	-0.16	-0.46	-0.16	-0.18	-0.32
Non Current Liabilities Total	0.21	0.25	0.03	-0.11	0.04	-0.21	-0.22	0.0	0.2	0.35	0.62	0.16		0.19	0.01	0.43	0.04	0.19	0.2	0.41	0.22	0.01	0.0	0.01	0.03	-0.06
Other Current Assets	0.58	0.09	0.11	0.23	0.54	0.19	-0.03	-0.23	0.26	-0.17	0.61	-0.17	0.19		0.36	0.3	0.22	0.57	-0.06	0.08	0.49	0.0	0.56	0.0	0.43	0.65
Other Stockholder Equity	0.56	0.16	0.3	0.5	0.42	-0.04	-0.31	-0.96	0.25	-0.47	0.15	0.22	0.01	0.36		0.47	-0.21	0.58	0.19	0.45	0.54	-0.51	0.26	-0.51	0.4	0.0
Total Liab	0.57	0.43	0.48	0.84	0.18	0.07	-0.14	-0.47	0.29	-0.43	0.26	0.2	0.43	0.3	0.47		0.03	0.58	0.27	0.43	0.59	-0.08	0.45	-0.08	0.59	0.17
Property Plant And Equipment Gross	-0.03	-0.19	0.28	0.03	-0.04	0.79	0.06	0.2	0.08	-0.39	-0.12	-0.38	0.04	0.22	-0.21	0.03		-0.01	-0.29	-0.1	0.02	0.84	0.3	0.84	-0.35	0.55
Total Current Assets	1.0	-0.19	0.6	0.55	0.9	0.08	-0.56	-0.35	0.6	-0.45	0.3	-0.32	0.19	0.57	0.58	0.58	-0.01		-0.34	0.55	0.99	-0.38	0.77	-0.38	0.75	0.13
Short Term Debt	-0.33	0.95	-0.12	0.11	-0.56	-0.31	0.53	-0.37	-0.09	0.28	0.25	0.91	0.2	-0.06	0.19	0.27	-0.29	-0.34		-0.08	-0.34	-0.03	-0.34	-0.03	-0.15	-0.2
Cash	0.56	-0.12	0.37	0.22	0.45	-0.11	-0.86	-0.34	0.04	-0.09	-0.01	0.11	0.41	0.08	0.45	0.43	-0.1	0.55	-0.08		0.59	-0.38	-0.01	-0.38	0.21	-0.26
Cash And Short Term Investments	0.99	-0.18	0.67	0.54	0.88	0.07	-0.59	-0.32	0.66	-0.45	0.26	-0.31	0.22	0.49	0.54	0.59	0.02	0.99	-0.34	0.59		-0.34	0.77	-0.34	0.7	0.03
Common Stock Total Equity	-0.41	0.07	0.01	-0.08	-0.44	0.65	0.42	0.4	-0.07	-0.2	-0.15	-0.16	0.01	0.0	-0.51	-0.08	0.84	-0.38	-0.03	-0.38	-0.34		0.08	1.0	-0.47	0.5
Short Term Investments	0.76	-0.09	0.61	0.52	0.68	0.32	-0.04	-0.09	0.79	-0.57	0.29	-0.46	0.0	0.56	0.26	0.45	0.3	0.77	-0.34	-0.01	0.77	0.08		0.08	0.62	0.33
Common Stock	-0.41	0.07	0.01	-0.08	-0.44	0.65	0.42	0.4	-0.07	-0.2	-0.15	-0.16	0.01	0.0	-0.51	-0.08	0.84	-0.38	-0.03	-0.38	-0.34	1.0	0.08		-0.47	0.5
Current Deferred Revenue	0.75	0.02	0.22	0.65	0.6	-0.05	-0.21	-0.25	0.37	-0.33	0.28	-0.18	0.03	0.43	0.4	0.59	-0.35	0.75	-0.15	0.21	0.7	-0.47	0.62	-0.47		0.22
Net Receivables	0.11	-0.07	-0.12	0.24	0.05	0.66	0.21	0.01	-0.18	-0.36	0.15	-0.32	-0.06	0.65	0.0	0.17	0.55	0.13	-0.2	-0.26	0.03	0.5	0.33	0.5	0.22

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Achieve Life Account Relationship Matchups

Achieve Life fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	21.1M	40.3M	47.5M	30.0M	19.4M	18.4M
Short Long Term Debt Total	362K	169K	73K	16.2M	16.7M	17.6M
Other Current Liab	1.8M	2.4M	3.6M	3.8M	3.5M	3.3M
Total Current Liabilities	2.9M	2.9M	4.6M	5.5M	20.8M	12.0M
Total Stockholder Equity	18.1M	37.3M	28.0M	8.3M	(1.4M)	(1.4M)
Property Plant And Equipment Net	35K	573K	188K	79K	123K	75.1K
Net Debt	(16.3M)	(35.7M)	(42.9M)	(8.6M)	1.2M	1.2M
Retained Earnings	(45.7M)	(60.4M)	(93.6M)	(135.9M)	(165.8M)	(157.5M)
Accounts Payable	859K	332K	841K	1.7M	618K	587.1K
Non Current Assets Total	3.7M	3.3M	2.9M	5.1M	2.4M	2.2M
Non Currrent Assets Other	168K	187K	237K	2.6M	29.0K	30.4K
Common Stock Shares Outstanding	412.3K	2.7M	8.1M	10.6M	19.8M	20.8M
Liabilities And Stockholders Equity	21.1M	40.3M	47.5M	30.0M	19.4M	18.4M
Non Current Liabilities Total	159K	77K	14.9M	16.1M	6K	5.7K
Other Current Assets	670K	2.2M	1.4M	2.5M	1.3M	1.3M
Other Stockholder Equity	63.7M	97.6M	121.5M	144.1M	164.2M	156.0M
Total Liab	3.0M	3.0M	19.5M	21.7M	20.8M	15.7M
Property Plant And Equipment Gross	386K	188K	366K	123K	66K	62.7K
Total Current Assets	17.4M	37.0M	44.6M	24.8M	17.0M	16.1M
Short Term Debt	203K	184K	138K	16.1M	16.7M	17.6M
Cash	16.7M	35.9M	43.0M	24.8M	15.5M	20.3M
Cash And Short Term Investments	16.7M	35.9M	43.0M	24.8M	15.5M	14.8M
Common Stock Total Equity	18K	41K	76K	87K	78.3K	74.4K
Common Stock	41K	76K	79K	87K	90K	85.5K
Net Receivables	7K	8K	153K	105K	111K	105.5K
Intangible Assets	2.1M	1.9M	1.6M	1.4M	1.2M	1.1M
Inventory	222K	(50K)	(8K)	(2.5M)	(2.9M)	(3.0M)
Net Tangible Assets	14.9M	34.4M	25.4M	5.9M	5.3M	5.0M
Retained Earnings Total Equity	(25.4M)	(45.7M)	(60.4M)	(135.9M)	(122.3M)	(116.2M)
Capital Surpluse	41.2M	63.7M	97.6M	144.1M	129.7M	94.8M
Capital Lease Obligations	362K	169K	73K	127K	69K	65.6K
Property Plant Equipment	57K	42K	64K	127K	114.3K	163.3K

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