ACM Retained Earnings vs Total Current Liabilities 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 Retained Earnings and its Total Current Liabilities 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.

Retained Earnings vs Total Current Liabilities

Retained Earnings vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ACM Research Shanghai Retained Earnings account and Total Current Liabilities. At this time, the significance of the direction appears to have totally related.
The correlation between ACM Research's Retained Earnings and Total Current Liabilities is 0.99. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Current Liabilities 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 Retained Earnings and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of ACM Research Shanghai are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Retained Earnings i.e., ACM Research's Retained Earnings and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Total Current Liabilities

Total Current Liabilities is an item on ACM Research balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of ACM Research Shanghai are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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.