Achieve Life Sciences Inc (ACHV) — Cash Flow Quality Index

Latest as of September 2011: -1.39x

Achieve Life Sciences Inc (ACHV) has a Cash Flow Quality Index of -1.39x as of September 2011. Operating cash flow of $-6.19 Million is below net income of $4.47 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore how well can Achieve Life Sciences Inc service its debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-1.39x
Operating CF / Net Income

Operating Cash Flow

$-6.19 Million
USD

Net Income

$4.47 Million
USD

Data as of

Sep 2011
Most recent filing

Achieve Life Sciences Inc Cash Flow Quality Index (1996–2001)

Historical Cash Flow Quality Index for Achieve Life Sciences Inc across 4 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see ACHV cash generation efficiency.

Annual Cash Flow Quality Index for Achieve Life Sciences Inc (1996–2001)

Year-by-year earnings quality comparison for Achieve Life Sciences Inc.

Year Quality Index Operating CF (USD) Net Income YoY Change
2001 2.30x $1.25 Million $542.18K ▲ +1021.7%
1999 -0.25x $-100.00K $400.00K ▼ -117.9%
1997 1.40x $1.40 Million $1.00 Million ▼ -32.0%
1996 2.06x $3.50 Million $1.70 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.