Achieve Life Sciences Financial Health
How is Achieve Life Sciences's financial position?
[object Object] Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: ACHV's short term assets ($21.0M) exceed its short term liabilities ($6.9M).
Long Term Liabilities: ACHV's short term assets ($21.0M) exceed its long term liabilities ($15.8M).
Debt to Equity History and Analysis
Debt Level: ACHV has more cash than its total debt.
Reducing Debt: Insufficient data to determine if ACHV's debt to equity ratio has reduced over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ACHV has sufficient cash runway for 7 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: ACHV is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.