
Fundamental analysis: Achieve Life Sciences, Inc. (ACHV)
Awarener score: 1.7
Conclusion
The higher the Awarener score, the more bang you get for the buck. It measures how much genuine funds the company generates for the stock price paid (Very poor), the business stability (unknown) and growth (unknown), and the company's inclination to return cash to the stockholders (Bottom).
Note: All scores range from 1 (worst) to 10 (best). Conclusions are updated daily with closing stock prices and new reported quarterly financial statements.
Revenue score: a result could not be reached
- Business growth could not be estimated, due to not enough input data. It's been unavailable to compare with peer companies.
- Achieve Life Sciences, Inc. business stability could not be estimated, due to insufficient input data. It looks we cannot compare it to rivals.
Margins score: we could not reach a conclusion
- ACHV usual gross margins were not estimated, due to lack of enough history. They stand unknown against rival companies.
- We would not risk estimating the normal operating margins, because of insufficient past records. It's unidentified in relation to competitors.
- Normal EBITDA margins remain unknown, due to not enough track records. They remain unknown against peers.
- EBIT normal margins could not be estimated, due to not sufficient input years. They're still undisclosed compared to similar companies.
- Usual profit margin before income taxes is still unknown, as there is not enough history to analyze, and remain therefore an impossibility to compare with rivals.
- Due to insufficient past records, we were unable to estimate normal net profit margin. Company stands unidentified in relation to comparable firms.
Growth score: 1.0
- Achieve Life Sciences, Inc. has an unknown gross margin growth, as there is not enough data to analyze. It's been impossible to compare to competitors.
- In recent years, the firm hasn't always been able to profit from operations, which has been bottom tier against comparable firms.
- In past years, the company couldn't always turn a profit -available to repay debt and purchase properties-, which compares last-in-rank when measured against peer enterprises.
- In the previous years, the firm couldn't always make a profit -before income taxes and interests on loans taken-. It turns to be a disappointment compared to similar stocks.
- In past years, at least once the company lost money -before income taxes-. It was bottom tier against rivals.
- In the previous years, the firm had at least a total net loss, and last-in-rank when measured against peer companies.
- The company lost money at least once in the past years. It's been a disappointment compared to industry peers.
Miscellaneous score: 1.0
- ACHV had still to pay income taxes, even though in recent past years mostly lost money. It's been bottom tier against peers.
- The company does not report R&D expenses. It's meaningless to measure in relation to competitors.
- We have insufficient data to estimate how effective is research and development effort. It stands unknown against rival companies.
Profitability score: 1.0
- Achieve Life Sciences, Inc. usually gets pauper returns on the resources it controls. It proves substantially worse when measured against peer firms.
- The company normally gets extremely poor proceeds -on the resources directly invested in the business-. They remain in a very weak position compared to similar companies.
- There's usually bottom profitability -in relation to owned resources-. It ranks last-in-rank when measured against competitors.
- In the past, got pauper returns -on the tangible resources it controls-. This metric is usually related to the industry in which operates and combines profitability versus reinvestment needs. It's substantially worse when measured against comparable enterprises.
Usage of Funds score: 1.2
- ACHV on average doesn't generate genuine funds, so to buy or replace property, plants and equipment must either burn existing cash or increase debt. It stands substantially worse when measured against rival firms.
- The company is usually not replacing property, plant, and equipment that gets old, instead using funds in something else. It can't keep forever, which is substantially worse when measured against industry peers.
- In the past twelve months the stock paid no dividends. It came bottom tier against competitors.
- The company pays no dividend, so measuring its growth is meaningless. The company has behaved in an conservative way compared to similar firms.
- As no dividends are paid, it is useless trying to estimate their sustainability in time. Sustainability looks not applicable in regard to comparable companies.
- The company has greatly enlarged the pool of investors in previous years, resulting in more mouths feeding on the pie of profits. It remains a disappointment compared to peer enterprises.
- Repurchase effectiveness metric is very complex. Run again in analytical mode if you're interested in a technical explanation. It stands in a very weak position compared to rivals.
- We do not have sufficient data to comment on buybacks and their sustainability. It still looks dubious against competitors.
Balance Sheet score: 4.0
- Achieve Life Sciences, Inc. intangible assets (like brands and goodwill) represent a huge portion of resources controlled, according to accounting books. There could be major difficulties in liquidating them if the company ever gets in financial distress. It happens to be last-in-rank when measured against peer companies.
- The company has more than enough short-term resources to face short-term obligations. Liquidity concerns are non-significant. It turns to be in a weak position compared to similar firms.
- A substantial part of resources controlled were provided for with financial debt. Creditors have as many claims on the company as shareholders. The situation is somewhat risky. It remains bottom tier against rival firms.
- A substantial portion of resources controlled are already cash or short-term investments, which is better for liquidity. It looks below average when measured against rivals.
- For every dollar of short-term obligations, the company has more than enough dollars in cash and short-term receivables. It's in a weak position compared to peer firms.
- For every dollar of short-term obligations, the company has more than enough dollars in cash and equivalents, which is mediocre against similar enterprises.
- Days of sales outstanding are not known, out of lack of data. It still ranks unknown against peers.
- Days of inventory outstanding are not known. It comes up as a big question mark against competitors.
- We could not gauge the normal operating cycle of the company. It happens to be a mystery against peers.
- Unfortunately, we had not enough data to estimate the days of payables outstanding. It ranks unknown against industry peers.
- Cash conversion cycle remains unknown, due to not having enough inputs. It's incomparable against similar companies.
- Has usually been losing money on the business, so net interest expenses must be paid by increasing borrowings, which is unsustainable in the long run. The situation is very risky for both creditors and shareholders, profitability must increase. It stands bottom tier against rival firms.
- Business has usually been operated at a loss. Unless prospects improve, the company is no position to decrease loans taken levels but by additional shareholders' funding. Profitability must improve. It ranks last-in-rank when measured against comparable enterprises.
- The company didn't have revenues in the past twelve months. It must start having income to take advantage of used resources. It looks a disappointment compared to similar firms.
- The firm has yet to start reporting any sales. It's still bottom tier against peer companies.
Valuation score: 2.1
- Achieve Life Sciences, Inc. reported losses, so valuating it in relation to earnings is meaningless. It happens to be last-in-rank when measured against competitors.
- Price-to-Tangible-Book-Value is a fairly complex metric. Run again in analytical mode if you're interested in a technical explanation. It remains a disappointment compared to peers.
- In the past twelve months, the company consumed funds. Either it reinvested significantly in the business or genuine fund generation might be struggling, which stands slightly worse than similar companies.
- The company usually consumes much more funds than can genuinely generate. Business needs are meet by borrowing money or consuming preexistent cash, which can only keep up until a certain limit. Unless the company is driving significant business growth, genuine profitability may be brought into question. It's still similar to industry firms.
- In the past twelve months, the company has greatly enlarged the pool of investors by issuing new shares. Future profits need to be high enough to justify the measure, as the pie of earnings will now be split among plenty more stockholders. It came up in a weak position compared to peer ventures.
- The company has more cash than debt. It might be poised to increase stockholder payments, or to fund new business projects. It looks worse than most similar enterprises.
- Considering the past twelve months, traditional Price-to-Earnings relation has been negative, as the company lost money. It ranks last-in-rank when measured against peer companies.
- Price-to-Sales ratio is currently an incognita. It looks incomparable with rival firms.
- The relation between the stock price and accounting book value is extremely high, which may be good or bad depending on context. Run again in analytic mode if you want to dig deeper. The company remains worse than most peer firms.
- In the past twelve months, the operating business lost a lot of money. It happens to be almost average when measured against industry peers.
- In an alternate metric of bang for the buck, the company has usually shown a very low earnings power ability when measured against the current stock price and financial position. Profitability is in dispute. It's still rather normal in relation to peer companies.
Total score: 1.7

Company at a glance: Achieve Life Sciences, Inc. (ACHV)
Sector, industry: Healthcare, Biotechnology
Market Cap: 0.08 billions
Revenues TTM: unavailable
Achieve Life Sciences, Inc., a clinical-stage pharmaceutical company, develops and commercializes of cytisinicline for smoking cessation and nicotine addiction in Canada, the United States, and the United Kingdom. The company offers cytisinicline, a plant-based alkaloid that interacts with nicotine receptors in the brain that reduce the severity of nicotine withdrawal symptoms. It has license agreements with Sopharma AD and University of Bristol. The company is based in Vancouver, Canada.
Awarener score: 1.7
Conclusion
The higher the Awarener score, the more bang you get for the buck. It measures how much genuine funds the company generates for the stock price paid (Very poor), the business stability (unknown) and growth (unknown), and the company's inclination to return cash to the stockholders (Bottom).