Acm Other Current Assets vs Total Assets Analysis

ACMR Stock  USD 17.27  0.10  0.58%   
Acm Research financial indicator trend analysis is way more than just evaluating Acm Research prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Acm Research is a good investment. Please check the relationship between Acm Research Other Current Assets and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Acm Research. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Acm Stock, please use our How to Invest in Acm Research guide.

Other Current Assets vs Total Assets

Other Current Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Acm Research Other Current Assets account and Total Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Acm Research's Other Current Assets and Total Assets is 0.39. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Acm Research, assuming nothing else is changed. The correlation between historical values of Acm Research's Other Current Assets and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Acm Research are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Current Assets i.e., Acm Research's Other Current Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

0.39
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Total Assets

Total assets refers to the total amount of Acm Research assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Acm Research books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Acm Research's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Acm Research current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Acm Research. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Acm Stock, please use our How to Invest in Acm Research guide.At this time, Acm Research's Tax Provision is relatively stable compared to the past year. As of 11/28/2024, Selling General Administrative is likely to grow to about 42.7 M, while Enterprise Value Over EBITDA is likely to drop 8.17.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization2.4M5.4M8.1M8.5M
Interest Income505K8.7M8.4M8.8M

Acm Research fundamental ratios Correlations

0.960.970.980.990.440.990.890.96-0.570.980.990.70.970.490.870.780.97-0.550.740.540.990.980.390.990.98
0.960.960.980.920.440.920.930.97-0.350.980.950.510.990.440.90.620.97-0.50.720.540.920.970.350.910.98
0.970.960.980.960.380.960.860.97-0.470.950.950.610.980.540.850.720.95-0.550.730.480.960.970.370.960.97
0.980.980.980.950.370.960.951.0-0.40.990.980.551.00.380.830.651.0-0.50.680.510.961.00.350.941.0
0.990.920.960.950.461.00.840.93-0.660.960.980.770.940.530.860.840.94-0.570.750.521.00.950.391.00.95
0.440.440.380.370.460.450.270.33-0.50.410.450.550.380.60.660.560.370.020.210.080.440.37-0.280.450.35
0.990.920.960.961.00.450.850.93-0.650.960.990.770.940.520.860.840.95-0.560.750.521.00.960.391.00.95
0.890.930.860.950.840.270.850.95-0.180.940.910.320.940.090.710.430.97-0.40.520.490.850.960.280.820.95
0.960.970.971.00.930.330.930.95-0.350.970.960.50.990.340.790.610.99-0.450.630.480.940.990.320.920.99
-0.57-0.35-0.47-0.4-0.66-0.5-0.65-0.18-0.35-0.46-0.55-0.98-0.36-0.69-0.55-0.94-0.380.41-0.58-0.29-0.65-0.4-0.29-0.68-0.4
0.980.980.950.990.960.410.960.940.97-0.460.990.590.980.380.870.680.99-0.540.730.580.960.990.40.950.99
0.990.950.950.980.980.450.990.910.96-0.550.990.670.960.430.870.750.98-0.550.730.530.990.980.350.970.98
0.70.510.610.550.770.550.770.320.5-0.980.590.670.510.730.670.990.52-0.470.680.380.760.540.340.790.54
0.970.990.981.00.940.380.940.940.99-0.360.980.960.510.40.840.620.99-0.50.670.50.940.990.330.920.99
0.490.440.540.380.530.60.520.090.34-0.690.380.430.730.40.710.750.32-0.420.640.160.510.350.150.550.36
0.870.90.850.830.860.660.860.710.79-0.550.870.870.670.840.710.740.82-0.570.810.490.850.830.290.860.83
0.780.620.720.650.840.560.840.430.61-0.940.680.750.990.620.750.740.62-0.510.730.430.830.640.360.860.64
0.970.970.951.00.940.370.950.970.99-0.380.990.980.520.990.320.820.62-0.510.660.520.951.00.340.930.99
-0.55-0.5-0.55-0.5-0.570.02-0.56-0.4-0.450.41-0.54-0.55-0.47-0.5-0.42-0.57-0.51-0.51-0.77-0.45-0.56-0.5-0.48-0.55-0.52
0.740.720.730.680.750.210.750.520.63-0.580.730.730.680.670.640.810.730.66-0.770.630.740.670.620.760.7
0.540.540.480.510.520.080.520.490.48-0.290.580.530.380.50.160.490.430.52-0.450.630.510.520.870.520.57
0.990.920.960.961.00.441.00.850.94-0.650.960.990.760.940.510.850.830.95-0.560.740.510.960.381.00.95
0.980.970.971.00.950.370.960.960.99-0.40.990.980.540.990.350.830.641.0-0.50.670.520.960.350.941.0
0.390.350.370.350.39-0.280.390.280.32-0.290.40.350.340.330.150.290.360.34-0.480.620.870.380.350.40.4
0.990.910.960.941.00.451.00.820.92-0.680.950.970.790.920.550.860.860.93-0.550.760.521.00.940.40.94
0.980.980.971.00.950.350.950.950.99-0.40.990.980.540.990.360.830.640.99-0.520.70.570.951.00.40.94
Click cells to compare fundamentals

Acm Research Account Relationship Matchups

Acm Research fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets217.7M341.3M1.1B1.2B1.5B1.6B
Short Long Term Debt Total17.6M50.1M39.1M79.5M99.1M104.1M
Other Current Liab16.0M34.7M62.4M134.5M115.1M120.9M
Total Current Liabilities53.5M102.9M205.9M396.2M500.7M525.7M
Total Stockholder Equity97.3M141.2M676.2M674.9M767.4M805.8M
Other Liab4.2M9.3M9.7M7.3M8.4M7.6M
Net Tangible Assets97.0M131.0M666.1M664.9M764.6M802.9M
Property Plant And Equipment Net7.5M12.5M18.2M85.4M208.9M219.3M
Current Deferred Revenue9.1M19.2M56.0M157.9M185.1M194.3M
Net Debt(40.6M)(21.7M)(523.9M)(168.4M)(83.0M)(87.1M)
Retained Earnings15.5M34.3M72.0M94.4M156.8M164.7M
Accounts Payable13.3M35.6M101.4M101.7M153.2M160.9M
Cash58.3M71.8M563.1M248.0M182.1M144.5M
Non Current Assets Total19.3M80.6M99.2M271.7M314.8M330.5M
Non Currrent Assets Other192K40.5M45.0M50.3M6.1M5.7M
Other Assets5.5M71.9M58.2M57.0M65.5M68.8M
Cash And Short Term Investments58.3M100.0M592.6M338.7M283.9M175.1M
Net Receivables33.7M66.1M125.6M212.6M325.7M342.0M
Common Stock Shares Outstanding57.4M63.6M65.4M65.3M64.9M53.1M
Liabilities And Stockholders Equity217.7M341.3M1.1B1.2B1.5B1.6B
Non Current Liabilities Total66.9M30.2M34.6M27.1M59.2M33.0M
Capital Surpluse83.5M102.0M595.0M604.1M694.7M729.4M
Inventory44.8M88.6M218.1M393.2M545.4M572.7M
Other Current Assets61.6M5.9M17.2M19.4M21.1M15.6M
Other Stockholder Equity83.5M102.0M595.0M604.1M629.8M661.3M
Total Liab120.4M133.1M240.5M423.3M564.7M593.0M
Property Plant And Equipment Gross7.5M12.5M18.2M85.4M230.6M242.1M
Short Long Term Debt13.8M27.8M12.0M58.3M38.1M21.9M
Total Current Assets198.4M260.7M952.9M963.8M1.2B1.2B
Accumulated Other Comprehensive Income(1.7M)4.9M9.1M(23.7M)(19.3M)(18.3M)
Short Term Debt15.1M29.2M14.3M59.7M40.9M23.0M
Intangible Assets344K10.2M10.1M9.9M10.9M11.5M
Property Plant Equipment7.5M8.2M18.2M82.9M95.3M100.1M
Non Current Liabilities Other4.2M10.9M8.4M8.4M5.9M7.6M
Retained Earnings Total Equity15.5M34.3M72.0M94.4M108.6M114.0M

Pair Trading with Acm Research

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Acm Research position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Acm Research will appreciate offsetting losses from the drop in the long position's value.

Moving together with Acm Stock

  0.74MU Micron TechnologyPairCorr

Moving against Acm Stock

  0.5LGMK LogicMarkPairCorr
The ability to find closely correlated positions to Acm Research could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Acm Research when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Acm Research - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Acm Research to buy it.
The correlation of Acm Research is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Acm Research moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Acm Research moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Acm Research can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Acm Stock Analysis

When running Acm Research's price analysis, check to measure Acm Research's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Acm Research is operating at the current time. Most of Acm Research's value examination focuses on studying past and present price action to predict the probability of Acm Research's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Acm Research's price. Additionally, you may evaluate how the addition of Acm Research to your portfolios can decrease your overall portfolio volatility.