Achieve Other Stockholder Equity vs Retained Earnings Analysis
ACHV Stock | USD 4.38 0.18 3.95% |
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 Other Stockholder Equity and its Retained Earnings 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.
Other Stockholder Equity vs Retained Earnings
Other Stockholder Equity vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Achieve Life Sciences Other Stockholder Equity account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.
The correlation between Achieve Life's Other Stockholder Equity and Retained Earnings is -0.96. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Retained Earnings 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 Other Stockholder Equity and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Achieve Life Sciences are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Other Stockholder Equity i.e., Achieve Life's Other Stockholder Equity and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.96 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Other Stockholder Equity
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.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.