Achieve Total Assets vs Non Current Liabilities Total Analysis

ACHV Stock  USD 4.49  0.01  0.22%   
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 Total Assets and its Non Current Liabilities Total 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.

Total Assets vs Non Current Liabilities Total

Total Assets vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Achieve Life Sciences Total Assets account and Non Current Liabilities Total. At this time, the significance of the direction appears to have very week relationship.
The correlation between Achieve Life's Total Assets and Non Current Liabilities Total is 0.21. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Non Current Liabilities Total 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 Total Assets and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Achieve Life Sciences are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Total Assets i.e., Achieve Life's Total Assets and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.21
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Assets

Total assets refers to the total amount of Achieve Life assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Achieve Life Sciences books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Non Current Liabilities Total

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

-0.180.590.530.910.05-0.57-0.340.6-0.40.33-0.310.210.580.560.57-0.031.0-0.330.560.99-0.410.76-0.410.750.11
-0.18-0.020.27-0.46-0.250.59-0.320.090.150.340.810.250.090.160.43-0.19-0.190.95-0.12-0.180.07-0.090.070.02-0.07
0.59-0.020.530.460.3-0.3-0.190.52-0.40.03-0.170.030.110.30.480.280.6-0.120.370.670.010.610.010.22-0.12
0.530.270.530.20.23-0.05-0.490.21-0.69-0.070.06-0.110.230.50.840.030.550.110.220.54-0.080.52-0.080.650.24
0.91-0.460.460.20.04-0.62-0.150.57-0.260.27-0.50.040.540.420.18-0.040.9-0.560.450.88-0.440.68-0.440.60.05
0.05-0.250.30.230.040.020.03-0.04-0.46-0.14-0.44-0.210.19-0.040.070.790.08-0.31-0.110.070.650.320.65-0.050.66
-0.570.59-0.3-0.05-0.620.020.140.00.110.130.31-0.22-0.03-0.31-0.140.06-0.560.53-0.86-0.590.42-0.040.42-0.210.21
-0.34-0.32-0.19-0.49-0.150.030.14-0.10.45-0.08-0.380.0-0.23-0.96-0.470.2-0.35-0.37-0.34-0.320.4-0.090.4-0.250.01
0.60.090.520.210.57-0.040.0-0.1-0.250.38-0.180.20.260.250.290.080.6-0.090.040.66-0.070.79-0.070.37-0.18
-0.40.15-0.4-0.69-0.26-0.460.110.45-0.250.40.250.35-0.17-0.47-0.43-0.39-0.450.28-0.09-0.45-0.2-0.57-0.2-0.33-0.36
0.330.340.03-0.070.27-0.140.13-0.080.380.4-0.020.620.610.150.26-0.120.30.25-0.010.26-0.150.29-0.150.280.15
-0.310.81-0.170.06-0.5-0.440.31-0.38-0.180.25-0.020.16-0.170.220.2-0.38-0.320.910.11-0.31-0.16-0.46-0.16-0.18-0.32
0.210.250.03-0.110.04-0.21-0.220.00.20.350.620.160.190.010.430.040.190.20.410.220.010.00.010.03-0.06
0.580.090.110.230.540.19-0.03-0.230.26-0.170.61-0.170.190.360.30.220.57-0.060.080.490.00.560.00.430.65
0.560.160.30.50.42-0.04-0.31-0.960.25-0.470.150.220.010.360.47-0.210.580.190.450.54-0.510.26-0.510.40.0
0.570.430.480.840.180.07-0.14-0.470.29-0.430.260.20.430.30.470.030.580.270.430.59-0.080.45-0.080.590.17
-0.03-0.190.280.03-0.040.790.060.20.08-0.39-0.12-0.380.040.22-0.210.03-0.01-0.29-0.10.020.840.30.84-0.350.55
1.0-0.190.60.550.90.08-0.56-0.350.6-0.450.3-0.320.190.570.580.58-0.01-0.340.550.99-0.380.77-0.380.750.13
-0.330.95-0.120.11-0.56-0.310.53-0.37-0.090.280.250.910.2-0.060.190.27-0.29-0.34-0.08-0.34-0.03-0.34-0.03-0.15-0.2
0.56-0.120.370.220.45-0.11-0.86-0.340.04-0.09-0.010.110.410.080.450.43-0.10.55-0.080.59-0.38-0.01-0.380.21-0.26
0.99-0.180.670.540.880.07-0.59-0.320.66-0.450.26-0.310.220.490.540.590.020.99-0.340.59-0.340.77-0.340.70.03
-0.410.070.01-0.08-0.440.650.420.4-0.07-0.2-0.15-0.160.010.0-0.51-0.080.84-0.38-0.03-0.38-0.340.081.0-0.470.5
0.76-0.090.610.520.680.32-0.04-0.090.79-0.570.29-0.460.00.560.260.450.30.77-0.34-0.010.770.080.080.620.33
-0.410.070.01-0.08-0.440.650.420.4-0.07-0.2-0.15-0.160.010.0-0.51-0.080.84-0.38-0.03-0.38-0.341.00.08-0.470.5
0.750.020.220.650.6-0.05-0.21-0.250.37-0.330.28-0.180.030.430.40.59-0.350.75-0.150.210.7-0.470.62-0.470.22
0.11-0.07-0.120.240.050.660.210.01-0.18-0.360.15-0.32-0.060.650.00.170.550.13-0.2-0.260.030.50.330.50.22
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Achieve Life Account Relationship Matchups

Achieve Life fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets21.1M40.3M47.5M30.0M19.4M18.4M
Short Long Term Debt Total362K169K73K16.2M16.7M17.6M
Other Current Liab1.8M2.4M3.6M3.8M3.5M3.3M
Total Current Liabilities2.9M2.9M4.6M5.5M20.8M12.0M
Total Stockholder Equity18.1M37.3M28.0M8.3M(1.4M)(1.4M)
Property Plant And Equipment Net35K573K188K79K123K75.1K
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
Non Current Assets Total3.7M3.3M2.9M5.1M2.4M2.2M
Non Currrent Assets Other168K187K237K2.6M29.0K30.4K
Common Stock Shares Outstanding412.3K2.7M8.1M10.6M19.8M20.8M
Liabilities And Stockholders Equity21.1M40.3M47.5M30.0M19.4M18.4M
Non Current Liabilities Total159K77K14.9M16.1M6K5.7K
Other Current Assets670K2.2M1.4M2.5M1.3M1.3M
Other Stockholder Equity63.7M97.6M121.5M144.1M164.2M156.0M
Total Liab3.0M3.0M19.5M21.7M20.8M15.7M
Property Plant And Equipment Gross386K188K366K123K66K62.7K
Total Current Assets17.4M37.0M44.6M24.8M17.0M16.1M
Short Term Debt203K184K138K16.1M16.7M17.6M
Cash16.7M35.9M43.0M24.8M15.5M20.3M
Cash And Short Term Investments16.7M35.9M43.0M24.8M15.5M14.8M
Common Stock Total Equity18K41K76K87K78.3K74.4K
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
Retained Earnings Total Equity(25.4M)(45.7M)(60.4M)(135.9M)(122.3M)(116.2M)
Capital Surpluse41.2M63.7M97.6M144.1M129.7M94.8M
Capital Lease Obligations362K169K73K127K69K65.6K
Property Plant Equipment57K42K64K127K114.3K163.3K

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