ACM Other Stockholder Equity vs Accounts Payable Analysis

688082 Stock   104.38  0.87  0.84%   
ACM Research financial indicator trend analysis is way more than just evaluating ACM Research Shanghai prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ACM Research Shanghai is a good investment. Please check the relationship between ACM Research Other Stockholder Equity and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ACM Research Shanghai. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade ACM Stock refer to our How to Trade ACM Stock guide.

Other Stockholder Equity vs Accounts Payable

Other Stockholder Equity vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ACM Research Shanghai Other Stockholder Equity account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between ACM Research's Other Stockholder Equity and Accounts Payable is 0.96. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of ACM Research Shanghai, assuming nothing else is changed. The correlation between historical values of ACM Research's Other Stockholder Equity and Accounts Payable 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 Stockholder Equity of ACM Research Shanghai are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Stockholder Equity i.e., ACM Research's Other Stockholder Equity and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Stockholder Equity

Accounts Payable

An accounting item on the balance sheet that represents ACM Research obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of ACM Research Shanghai are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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 Shanghai 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 Shanghai. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade ACM Stock refer to our How to Trade ACM Stock guide.The current year's Selling General Administrative is expected to grow to about 464.5 M, whereas Tax Provision is forecasted to decline to about 32.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense6.1M12.0M20.1M21.1M
Depreciation And Amortization38.4M118.9M136.8M143.6M

ACM Research fundamental ratios Correlations

0.970.380.991.00.9-0.660.980.990.750.960.740.770.930.880.980.480.990.991.00.940.970.840.910.950.79
0.970.340.980.950.91-0.480.980.970.610.980.740.640.930.870.970.490.930.980.950.990.990.840.890.890.86
0.380.340.330.40.01-0.460.230.230.520.320.870.50.030.310.240.810.410.320.390.30.260.430.330.490.61
0.990.980.330.980.94-0.540.990.990.640.990.720.670.930.861.00.530.961.00.970.970.980.80.920.920.83
1.00.950.40.980.87-0.710.960.980.790.950.750.810.910.880.970.471.00.981.00.910.960.850.890.960.77
0.90.910.010.940.87-0.330.960.950.430.950.450.460.950.760.960.340.850.940.870.930.930.640.860.790.7
-0.66-0.48-0.46-0.54-0.71-0.33-0.5-0.57-0.98-0.44-0.56-0.97-0.5-0.62-0.51-0.16-0.75-0.54-0.71-0.36-0.51-0.66-0.48-0.72-0.26
0.980.980.230.990.960.96-0.50.990.610.990.650.640.960.861.00.440.940.990.960.980.990.810.910.90.79
0.990.970.230.990.980.95-0.570.990.670.970.640.690.970.871.00.410.960.990.980.950.980.790.90.920.76
0.750.610.520.640.790.43-0.980.610.670.560.661.00.60.740.610.250.830.650.80.490.620.770.610.820.41
0.960.980.320.990.950.95-0.440.990.970.560.720.590.920.840.990.550.930.990.940.990.980.770.920.90.87
0.740.740.870.720.750.45-0.560.650.640.660.720.670.490.670.650.790.750.710.740.70.690.720.670.790.88
0.770.640.50.670.810.46-0.970.640.691.00.590.670.640.790.640.240.840.680.820.530.650.80.660.850.45
0.930.930.030.930.910.95-0.50.960.970.60.920.490.640.880.960.190.890.940.920.910.960.780.860.840.66
0.880.870.310.860.880.76-0.620.860.870.740.840.670.790.880.850.280.880.860.880.820.890.880.930.940.74
0.980.970.241.00.970.96-0.511.01.00.610.990.650.640.960.850.450.951.00.960.970.980.770.910.910.79
0.480.490.810.530.470.34-0.160.440.410.250.550.790.240.190.280.450.460.50.460.550.410.360.490.510.78
0.990.930.410.961.00.85-0.750.940.960.830.930.750.840.890.880.950.460.961.00.880.930.830.880.960.74
0.990.980.321.00.980.94-0.540.990.990.650.990.710.680.940.861.00.50.960.980.970.980.80.920.920.82
1.00.950.390.971.00.87-0.710.960.980.80.940.740.820.920.880.960.461.00.980.910.950.850.890.960.76
0.940.990.30.970.910.93-0.360.980.950.490.990.70.530.910.820.970.550.880.970.910.970.780.890.850.88
0.970.990.260.980.960.93-0.510.990.980.620.980.690.650.960.890.980.410.930.980.950.970.820.890.90.82
0.840.840.430.80.850.64-0.660.810.790.770.770.720.80.780.880.770.360.830.80.850.780.820.780.840.69
0.910.890.330.920.890.86-0.480.910.90.610.920.670.660.860.930.910.490.880.920.890.890.890.780.950.83
0.950.890.490.920.960.79-0.720.90.920.820.90.790.850.840.940.910.510.960.920.960.850.90.840.950.8
0.790.860.610.830.770.7-0.260.790.760.410.870.880.450.660.740.790.780.740.820.760.880.820.690.830.8
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ACM Research Account Relationship Matchups

ACM Research fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.8B6.3B8.2B9.8B10.2B
Short Long Term Debt Total97.0M299.5M250.4M554.1M637.2M669.1M
Other Current Liab172.4M120.4M439.7M1.0B5.5M5.2M
Total Current Liabilities412.6M594.6M1.3B2.4B2.9B3.0B
Total Stockholder Equity829.9M1.0B4.8B5.5B6.5B6.8B
Property Plant And Equipment Net17.7M42.5M101.1M568.1M1.4B1.5B
Net Debt(343.1M)28.2M(3.2B)(1.0B)(907.4M)(952.8M)
Retained Earnings65.6M241.2M483.1M1.1B1.7B1.8B
Accounts Payable143.2M291.9M733.4M961.4M1.5B1.6B
Cash440.0M271.3M3.4B1.6B1.5B1.2B
Non Current Assets Total99.4M422.0M530.2M1.9B2.2B2.3B
Non Currrent Assets Other59.2M310.6M487.9M1.2B331.9M388.0M
Cash And Short Term Investments440.0M455.5M3.6B1.7B2.0B1.2B
Liabilities And Stockholders Equity1.3B1.8B6.3B8.2B9.4B9.9B
Non Current Liabilities Total65.5M200.3M257.8M255.0M417.0M210.6M
Inventory307.3M614.9M1.4B2.7B3.9B4.1B
Other Current Assets192.6M24.7M71.1M616.6M155.6M216.5M
Other Stockholder Equity374.1M417.3M3.9B4.0B4.6B4.8B
Total Liab478.1M794.9M1.5B2.7B3.3B3.5B
Total Current Assets1.2B1.4B5.8B6.3B7.6B8.0B
Short Term Debt97.0M182.2M91.5M416.3M478.7M502.6M
Intangible Assets2.4M66.5M64.7M116.9M164.3M172.6M

Currently Active Assets on Macroaxis

Other Information on Investing in ACM Stock

Balance Sheet is a snapshot of the financial position of ACM Research Shanghai at a specified time, usually calculated after every quarter, six months, or one year. ACM Research Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ACM Research and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which ACM currently owns. An asset can also be divided into two categories, current and non-current.