Achieve Life Sciences Financial Health

How is Achieve Life Sciences's financial position?

[object Object] Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • 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.


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 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.


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