Achieve Total Stockholder Equity vs Total Current Liabilities 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 Total Current Liabilities 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 Total Current Liabilities
Total Stockholder Equity vs Total Current Liabilities 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 Total Current Liabilities. At this time, the significance of the direction appears to have very week relationship.
The correlation between Achieve Life's Total Stockholder Equity and Total Current Liabilities is 0.2. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Current Liabilities 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 Total Current Liabilities 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 Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Stockholder Equity i.e., Achieve Life's Total Stockholder Equity and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.2 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
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.Total Current Liabilities
Total Current Liabilities is an item on Achieve Life balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Achieve Life Sciences are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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
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Achieve Life Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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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.