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 Total Assets 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.
Total Assets vs Accounts Payable
Total Assets 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 Total Assets account and
Accounts Payable. At this time, the significance of the direction appears to have totally related.
The correlation between ACM Research's Total Assets and Accounts Payable is 0.99. Overlapping area represents the amount of variation of Total Assets 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 Total Assets 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 Total Assets 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 Total Assets i.e., ACM Research's Total Assets and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
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 Shanghai 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.
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.
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
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.