Achieve Life Sciences Balance Sheet Health
Financial Health criteria checks 4/6
Achieve Life Sciences has a total shareholder equity of $31.4M and total debt of $9.8M, which brings its debt-to-equity ratio to 31.3%. Its total assets and total liabilities are $47.9M and $16.5M respectively.
Key information
31.3%
Debt to equity ratio
US$9.82m
Debt
| Interest coverage ratio | n/a |
| Cash | US$42.91m |
| Equity | US$31.38m |
| Total liabilities | US$16.54m |
| Total assets | US$47.92m |
Recent financial health updates
Does Achieve Life Sciences (NASDAQ:ACHV) Have A Healthy Balance Sheet?
Jan 27
Is Achieve Life Sciences (NASDAQ:ACHV) Using Debt In A Risky Way?
Oct 26Is Achieve Life Sciences (NASDAQ:ACHV) A Risky Investment?
Mar 26Is Achieve Life Sciences (NASDAQ:ACHV) Weighed On By Its Debt Load?
Mar 22Is Achieve Life Sciences (NASDAQ:ACHV) In A Good Position To Deliver On Growth Plans?
Sep 27Recent updates
Achieve Life Sciences: 1st Half 2025 NDA Filing On Track With FDA Agreement
Jul 01Does Achieve Life Sciences (NASDAQ:ACHV) Have A Healthy Balance Sheet?
Jan 27Is Achieve Life Sciences (NASDAQ:ACHV) Using Debt In A Risky Way?
Oct 26Is Achieve Life Sciences (NASDAQ:ACHV) A Risky Investment?
Mar 26Achieve Life Sciences begins phase 2 trial testing cytisinicline for nicotine e-cigarette cessation
Jun 29Achieve Life Sciences: Initiating Buy, Potential Multi-Billion-Dollar Smoking Cessation Drug
Apr 04Is Achieve Life Sciences (NASDAQ:ACHV) Weighed On By Its Debt Load?
Mar 22Is Achieve Life Sciences (NASDAQ:ACHV) In A Good Position To Deliver On Growth Plans?
Sep 27We Think Achieve Life Sciences (NASDAQ:ACHV) Needs To Drive Business Growth Carefully
Jun 14We're Keeping An Eye On Achieve Life Sciences' (NASDAQ:ACHV) Cash Burn Rate
Mar 01Achieve Life Sciences prices stock offering at $7; shares down 2%
Dec 03Achieve Life Sciences launches equity offering
Nov 30Financial Position Analysis
Short Term Liabilities: ACHV's short term assets ($45.5M) exceed its short term liabilities ($6.7M).
Long Term Liabilities: ACHV's short term assets ($45.5M) exceed its long term liabilities ($9.8M).
Debt to Equity History and Analysis
Debt Level: ACHV has more cash than its total debt.
Reducing Debt: ACHV's debt to equity ratio has increased from 0% to 31.3% over the past 5 years.
Balance Sheet
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 more than a year based on its current free cash flow.
Forecast Cash Runway: ACHV has less than a year of cash runway if free cash flow continues to reduce at historical rates of 15.7% each year