Acm Net Tangible Assets vs Property Plant And Equipment Net Analysis
ACMR Stock | USD 14.91 0.30 1.97% |
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 Net Tangible Assets and its Property Plant And Equipment Net 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.
Net Tangible Assets vs Property Plant And Equipment Net
Net Tangible Assets vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Acm Research Net Tangible Assets account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Acm Research's Net Tangible Assets and Property Plant And Equipment Net is 0.85. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Property Plant And Equipment Net 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 Net Tangible Assets and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Acm Research are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Net Tangible Assets i.e., Acm Research's Net Tangible Assets and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.85 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.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 12/23/2024, 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 Amortization | 2.4M | 5.4M | 8.1M | 8.5M | Interest Income | 505K | 8.7M | 8.4M | 8.8M |
Acm Research fundamental ratios Correlations
Click cells to compare fundamentals
Acm Research Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Acm Research fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 217.7M | 341.3M | 1.1B | 1.2B | 1.5B | 1.6B | |
Short Long Term Debt Total | 17.6M | 50.1M | 39.1M | 79.5M | 99.1M | 104.1M | |
Other Current Liab | 16.0M | 34.7M | 62.4M | 134.5M | 115.1M | 120.9M | |
Total Current Liabilities | 53.5M | 102.9M | 205.9M | 396.2M | 500.7M | 525.7M | |
Total Stockholder Equity | 97.3M | 141.2M | 676.2M | 674.9M | 767.4M | 805.8M | |
Other Liab | 4.2M | 9.3M | 9.7M | 7.3M | 8.4M | 7.6M | |
Net Tangible Assets | 97.0M | 131.0M | 666.1M | 664.9M | 764.6M | 802.9M | |
Property Plant And Equipment Net | 7.5M | 12.5M | 18.2M | 85.4M | 208.9M | 219.3M | |
Current Deferred Revenue | 9.1M | 19.2M | 56.0M | 157.9M | 185.1M | 194.3M | |
Net Debt | (40.6M) | (21.7M) | (523.9M) | (168.4M) | (83.0M) | (87.1M) | |
Retained Earnings | 15.5M | 34.3M | 72.0M | 94.4M | 156.8M | 164.7M | |
Accounts Payable | 13.3M | 35.6M | 101.4M | 101.7M | 153.2M | 160.9M | |
Cash | 58.3M | 71.8M | 563.1M | 248.0M | 182.1M | 144.5M | |
Non Current Assets Total | 19.3M | 80.6M | 99.2M | 271.7M | 314.8M | 330.5M | |
Non Currrent Assets Other | 192K | 40.5M | 45.0M | 50.3M | 6.1M | 5.7M | |
Other Assets | 5.5M | 71.9M | 58.2M | 57.0M | 65.5M | 68.8M | |
Cash And Short Term Investments | 58.3M | 100.0M | 592.6M | 338.7M | 283.9M | 175.1M | |
Net Receivables | 33.7M | 66.1M | 125.6M | 212.6M | 325.7M | 342.0M | |
Common Stock Shares Outstanding | 57.4M | 63.6M | 65.4M | 65.3M | 64.9M | 53.1M | |
Liabilities And Stockholders Equity | 217.7M | 341.3M | 1.1B | 1.2B | 1.5B | 1.6B | |
Non Current Liabilities Total | 66.9M | 30.2M | 34.6M | 27.1M | 59.2M | 33.0M | |
Capital Surpluse | 83.5M | 102.0M | 595.0M | 604.1M | 694.7M | 729.4M | |
Inventory | 44.8M | 88.6M | 218.1M | 393.2M | 545.4M | 572.7M | |
Other Current Assets | 61.6M | 5.9M | 17.2M | 19.4M | 21.1M | 15.6M | |
Other Stockholder Equity | 83.5M | 102.0M | 595.0M | 604.1M | 629.8M | 661.3M | |
Total Liab | 120.4M | 133.1M | 240.5M | 423.3M | 564.7M | 593.0M | |
Property Plant And Equipment Gross | 7.5M | 12.5M | 18.2M | 85.4M | 230.6M | 242.1M | |
Short Long Term Debt | 13.8M | 27.8M | 12.0M | 58.3M | 38.1M | 21.9M | |
Total Current Assets | 198.4M | 260.7M | 952.9M | 963.8M | 1.2B | 1.2B | |
Accumulated Other Comprehensive Income | (1.7M) | 4.9M | 9.1M | (23.7M) | (19.3M) | (18.3M) | |
Short Term Debt | 15.1M | 29.2M | 14.3M | 59.7M | 40.9M | 23.0M | |
Intangible Assets | 344K | 10.2M | 10.1M | 9.9M | 10.9M | 11.5M | |
Property Plant Equipment | 7.5M | 8.2M | 18.2M | 82.9M | 95.3M | 100.1M | |
Non Current Liabilities Other | 4.2M | 10.9M | 8.4M | 8.4M | 5.9M | 7.6M | |
Retained Earnings Total Equity | 15.5M | 34.3M | 72.0M | 94.4M | 108.6M | 114.0M |
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 against Acm Stock
0.79 | CAN | Canaan Inc | PairCorr |
0.77 | MXL | MaxLinear | PairCorr |
0.72 | AIP | Arteris | PairCorr |
0.62 | XPER | Xperi Corp | PairCorr |
0.56 | CVV | CVD Equipment | PairCorr |
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.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.