Achieve Total Stockholder Equity vs Cash Analysis

ACHV Stock  USD 4.53  0.03  0.66%   
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 Stockholder Equity and its Cash 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 Stockholder Equity vs Cash

Total Stockholder Equity vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Achieve Life Sciences Total Stockholder Equity account and Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Achieve Life's Total Stockholder Equity and Cash is 0.45. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Cash 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 Stockholder Equity and Cash 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 Stockholder Equity of Achieve Life Sciences are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Stockholder Equity i.e., Achieve Life's Total Stockholder Equity and Cash go up and down completely randomly.

Correlation Coefficient

0.45
Relationship DirectionPositive 
Relationship StrengthWeak

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Cash

Cash refers to the most liquid asset of Achieve Life Sciences, which is listed under current asset account on Achieve Life Sciences balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Achieve Life customers. The amounts must be unrestricted with restricted cash listed in a different Achieve Life account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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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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.