Achieve Current Ratio from 2010 to 2024

ACHV Stock  USD 4.38  0.18  3.95%   
Achieve Life Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio will likely drop to 0.78 in 2024. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
0.81593235
Current Value
0.78
Quarterly Volatility
3.42402872
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Achieve Life financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Achieve Life's main balance sheet or income statement drivers, such as Depreciation And Amortization of 271.4 K, Interest Expense of 3 M or Selling General Administrative of 10.9 M, as well as many indicators such as Price To Sales Ratio of 3.23, Dividend Yield of 0.0 or Days Sales Outstanding of 77.88. Achieve financial statements analysis is a perfect complement when working with Achieve Life Valuation or Volatility modules.
  
Check out the analysis of Achieve Life Correlation against competitors.

Latest Achieve Life's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Achieve Life Sciences over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Achieve Life's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Achieve Life's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 5.81 X10 Years Trend
Pretty Stable
   Current Ratio   
       Timeline  

Achieve Current Ratio Regression Statistics

Arithmetic Mean4.24
Geometric Mean2.88
Coefficient Of Variation80.66
Mean Deviation2.56
Median3.22
Standard Deviation3.42
Sample Variance11.72
Range12.382
R-Value0.22
Mean Square Error12.03
R-Squared0.05
Significance0.44
Slope0.17
Total Sum of Squares164.14

Achieve Current Ratio History

2024 0.78
2023 0.82
2022 4.49
2021 9.8
2020 12.6
2019 6.06
2018 4.75

About Achieve Life Financial Statements

Achieve Life investors use historical fundamental indicators, such as Achieve Life's Current Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Achieve Life. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 0.82  0.78 

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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.