Acme Net Receivables vs Net Debt Analysis

ACU Stock

USD 41.57 0.20 0.48%

Acme United financial indicator trend analysis is way more than just evaluating Acme United prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Acme United is a good investment. Please check the relationship between Acme United Net Receivables and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Acme United. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

For more information on how to buy Acme Stock please use our How to Invest in Acme United guide.

Net Receivables vs Net Debt

Net Receivables vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Acme United Net Receivables account and Net Debt. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Acme United's Net Receivables and Net Debt is 0.9. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Net Debt in the same time period over historical financial statements of Acme United, assuming nothing else is changed. The correlation between historical values of Acme United's Net Receivables and Net Debt 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 Receivables of Acme United are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Net Receivables i.e., Acme United's Net Receivables and Net Debt go up and down completely randomly.

Correlation Coefficient

0.9

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Receivables

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Acme United's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Acme United 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 Acme United. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

For more information on how to buy Acme Stock please use our How to Invest in Acme United guide.At this time, Acme United's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 186.2 M in 2024, whereas Tax Provision is likely to drop slightly above 1.2 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	922K	2.4M	3.1M	3.3M
Depreciation And Amortization	4.2M	4.5M	5.1M	5.3M

Interest Expense Depreciation And Amortization

Acme United fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Non Currrent Assets Other	Accounts Payable	Common Stock Total Equity	Common Stock
Total Assets		0.68	0.88	0.95	0.95	0.94	0.7	0.96	-0.03	0.98	-0.03	0.76	0.81	0.65	0.99	0.7	-0.22	0.76	0.88	0.98	-0.57	0.93	0.38	0.89	0.76	0.79
Short Long Term Debt Total	0.68		0.38	0.49	0.41	0.51	0.98	0.46	0.18	0.58	0.18	0.91	0.59	1.0	0.68	0.06	-0.46	0.97	0.35	0.74	-0.41	0.72	-0.39	0.48	0.56	0.7
Other Current Liab	0.88	0.38		0.96	0.92	0.88	0.41	0.93	-0.13	0.89	-0.14	0.54	0.63	0.34	0.88	0.78	-0.16	0.51	0.9	0.84	-0.47	0.79	0.57	0.78	0.68	0.65
Total Current Liabilities	0.95	0.49	0.96		0.95	0.89	0.51	0.96	-0.03	0.94	-0.03	0.64	0.74	0.47	0.94	0.78	-0.25	0.62	0.89	0.93	-0.46	0.87	0.55	0.92	0.77	0.77
Total Stockholder Equity	0.95	0.41	0.92	0.95		0.95	0.45	1.0	-0.14	0.97	-0.14	0.56	0.75	0.38	0.93	0.84	-0.04	0.53	0.94	0.89	-0.55	0.83	0.63	0.87	0.7	0.66
Property Plant And Equipment Net	0.94	0.51	0.88	0.89	0.95		0.57	0.95	-0.21	0.97	-0.22	0.6	0.73	0.48	0.92	0.72	0.08	0.6	0.95	0.87	-0.73	0.83	0.47	0.78	0.59	0.57
Net Debt	0.7	0.98	0.41	0.51	0.45	0.57		0.49	-0.02	0.63	-0.02	0.9	0.66	0.97	0.71	0.12	-0.35	0.95	0.4	0.73	-0.47	0.77	-0.37	0.48	0.52	0.66
Retained Earnings	0.96	0.46	0.93	0.96	1.0	0.95	0.49		-0.1	0.97	-0.11	0.6	0.76	0.43	0.95	0.83	-0.11	0.57	0.93	0.92	-0.54	0.86	0.6	0.88	0.73	0.71
Cash	-0.03	0.18	-0.13	-0.03	-0.14	-0.21	-0.02	-0.1		-0.19	1.0	0.14	-0.25	0.2	-0.07	-0.31	-0.59	0.18	-0.2	0.11	0.24	-0.19	-0.14	0.02	0.22	0.27
Non Current Assets Total	0.98	0.58	0.89	0.94	0.97	0.97	0.63	0.97	-0.19		-0.19	0.66	0.79	0.55	0.96	0.74	-0.05	0.67	0.93	0.92	-0.66	0.93	0.46	0.87	0.68	0.68
Cash And Short Term Investments	-0.03	0.18	-0.14	-0.03	-0.14	-0.22	-0.02	-0.11	1.0	-0.19		0.14	-0.25	0.2	-0.07	-0.32	-0.59	0.18	-0.2	0.1	0.24	-0.19	-0.15	0.01	0.22	0.27
Net Receivables	0.76	0.91	0.54	0.64	0.56	0.6	0.9	0.6	0.14	0.66	0.14		0.71	0.9	0.75	0.24	-0.5	0.96	0.43	0.81	-0.38	0.77	-0.17	0.58	0.79	0.87
Common Stock Shares Outstanding	0.81	0.59	0.63	0.74	0.75	0.73	0.66	0.76	-0.25	0.79	-0.25	0.71		0.57	0.8	0.5	-0.13	0.64	0.58	0.79	-0.38	0.86	0.24	0.77	0.62	0.69
Non Current Liabilities Total	0.65	1.0	0.34	0.47	0.38	0.48	0.97	0.43	0.2	0.55	0.2	0.9	0.57		0.65	0.03	-0.47	0.97	0.32	0.71	-0.39	0.7	-0.42	0.46	0.54	0.69
Inventory	0.99	0.68	0.88	0.94	0.93	0.92	0.71	0.95	-0.07	0.96	-0.07	0.75	0.8	0.65		0.73	-0.22	0.76	0.88	0.98	-0.51	0.91	0.34	0.86	0.75	0.78
Other Current Assets	0.7	0.06	0.78	0.78	0.84	0.72	0.12	0.83	-0.31	0.74	-0.32	0.24	0.5	0.03	0.73		0.08	0.19	0.81	0.64	-0.25	0.58	0.74	0.71	0.54	0.46
Other Stockholder Equity	-0.22	-0.46	-0.16	-0.25	-0.04	0.08	-0.35	-0.11	-0.59	-0.05	-0.59	-0.5	-0.13	-0.47	-0.22	0.08		-0.47	0.12	-0.37	-0.35	-0.24	0.22	-0.2	-0.53	-0.69
Total Liab	0.76	0.97	0.51	0.62	0.53	0.6	0.95	0.57	0.18	0.67	0.18	0.96	0.64	0.97	0.76	0.19	-0.47		0.47	0.81	-0.42	0.78	-0.24	0.59	0.72	0.81
Property Plant And Equipment Gross	0.88	0.35	0.9	0.89	0.94	0.95	0.4	0.93	-0.2	0.93	-0.2	0.43	0.58	0.32	0.88	0.81	0.12	0.47		0.8	-0.62	0.75	0.58	0.78	0.56	0.49
Total Current Assets	0.98	0.74	0.84	0.93	0.89	0.87	0.73	0.92	0.11	0.92	0.1	0.81	0.79	0.71	0.98	0.64	-0.37	0.81	0.8		-0.47	0.89	0.29	0.87	0.79	0.86
Short Term Debt	-0.57	-0.41	-0.47	-0.46	-0.55	-0.73	-0.47	-0.54	0.24	-0.66	0.24	-0.38	-0.38	-0.39	-0.51	-0.25	-0.35	-0.42	-0.62	-0.47		-0.55	-0.21	-0.43	-0.16	-0.12
Intangible Assets	0.93	0.72	0.79	0.87	0.83	0.83	0.77	0.86	-0.19	0.93	-0.19	0.77	0.86	0.7	0.91	0.58	-0.24	0.78	0.75	0.89	-0.55		0.27	0.85	0.72	0.77
Non Currrent Assets Other	0.38	-0.39	0.57	0.55	0.63	0.47	-0.37	0.6	-0.14	0.46	-0.15	-0.17	0.24	-0.42	0.34	0.74	0.22	-0.24	0.58	0.29	-0.21	0.27		0.55	0.32	0.15
Accounts Payable	0.89	0.48	0.78	0.92	0.87	0.78	0.48	0.88	0.02	0.87	0.01	0.58	0.77	0.46	0.86	0.71	-0.2	0.59	0.78	0.87	-0.43	0.85	0.55		0.73	0.73
Common Stock Total Equity	0.76	0.56	0.68	0.77	0.7	0.59	0.52	0.73	0.22	0.68	0.22	0.79	0.62	0.54	0.75	0.54	-0.53	0.72	0.56	0.79	-0.16	0.72	0.32	0.73		0.95
Common Stock	0.79	0.7	0.65	0.77	0.66	0.57	0.66	0.71	0.27	0.68	0.27	0.87	0.69	0.69	0.78	0.46	-0.69	0.81	0.49	0.86	-0.12	0.77	0.15	0.73	0.95

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Acme United Account Relationship Matchups

Acme United fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	110.7M	129.9M	144.4M	164.4M	152.6M	160.2M
Short Long Term Debt Total	39.7M	48.0M	48.5M	63.8M	25.9M	20.8M
Other Current Liab	8.6M	11.0M	9.3M	9.5M	12.4M	13.0M
Total Current Liabilities	16.6M	20.2M	20.2M	22.1M	26.0M	27.3M
Total Stockholder Equity	55.7M	62.7M	77.1M	79.0M	97.9M	102.8M
Property Plant And Equipment Net	17.0M	22.7M	27.2M	29.0M	30.0M	31.5M
Net Debt	32.9M	43.8M	43.7M	57.7M	20.4M	17.4M
Retained Earnings	51.6M	58.0M	69.9M	71.0M	86.7M	91.1M
Cash	6.8M	4.2M	4.8M	6.1M	5.5M	3.6M
Non Current Assets Total	37.6M	46.2M	49.2M	58.8M	60.6M	63.6M
Cash And Short Term Investments	6.8M	4.2M	4.8M	6.1M	5.5M	3.5M
Net Receivables	25.5M	27.2M	34.2M	32.6M	26.2M	14.1M
Common Stock Shares Outstanding	3.5M	3.5M	4.0M	3.7M	3.7M	3.8M
Liabilities And Stockholders Equity	110.7M	129.9M	144.4M	164.4M	152.6M	160.2M
Non Current Liabilities Total	38.4M	47.0M	47.1M	63.2M	25.3M	19.6M
Inventory	39.3M	50.7M	53.6M	63.3M	55.5M	58.2M
Other Current Assets	1.6M	1.6M	2.6M	3.6M	5.5M	5.8M
Other Stockholder Equity	(6.0M)	(6.6M)	(4.1M)	(2.5M)	(77.8K)	(73.9K)
Total Liab	55.0M	67.2M	67.4M	85.3M	54.7M	31.5M
Property Plant And Equipment Gross	17.0M	39.2M	27.2M	50.1M	56.6M	59.4M
Total Current Assets	73.1M	83.7M	95.3M	105.6M	92.0M	96.6M
Accumulated Other Comprehensive Income	(2.0M)	(826.0K)	(1.4M)	(2.1M)	(1.7M)	(1.8M)
Short Term Debt	1.3M	1.1M	1.4M	1.5M	1.5M	1.4M
Intangible Assets	15.8M	18.7M	17.2M	20.8M	19.0M	20.0M
Non Currrent Assets Other	89K	(110.2M)	(599.3K)	(305.3M)	899.3M	944.3M
Accounts Payable	6.7M	7.6M	9.0M	10.5M	12.1M	12.7M
Other Liab	81.6K	110.2K	629K	927.7K	835.0K	542.6K
Other Assets	202.3K	88.8K	0.0	750K	675K	756.5K
Long Term Debt	33.2M	45.2M	44.7M	60.6M	23.4M	23.8M
Property Plant Equipment	14.0M	22.7M	27.2M	29.0M	33.4M	35.1M
Net Tangible Assets	35.2M	39.2M	55.1M	50.1M	57.6M	36.9M
Retained Earnings Total Equity	47.5M	51.6M	58.0M	71.0M	81.6M	46.7M
Long Term Debt Total	33.2M	45.2M	44.7M	61.5M	70.8M	38.8M
Capital Surpluse	8.3M	7.9M	11.9M	13.4M	15.5M	9.4M

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