ACM Change To Inventory vs Net Income Analysis

688082 Stock

104.72 0.34 0.33%

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 Change To Inventory and its Net Income 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.

Change To Inventory vs Net Income

Change To Inventory vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ACM Research Shanghai Change To Inventory account and Net Income. At this time, the significance of the direction appears to have pay attention.

The correlation between ACM Research's Change To Inventory and Net Income is -0.95. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Net Income 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 Change To Inventory and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of ACM Research Shanghai are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Change To Inventory i.e., ACM Research's Change To Inventory and Net Income go up and down completely randomly.

Correlation Coefficient

-0.95

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in ACM Research Shanghai financial statement analysis. It represents the amount of money remaining after all of ACM Research Shanghai operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

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 Expense	6.1M	12.0M	20.1M	21.1M
Depreciation And Amortization	38.4M	118.9M	136.8M	143.6M

Interest Expense Depreciation And Amortization

ACM Research 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	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Net Receivables	Net Invested Capital	Short Long Term Debt
Total Assets		0.97	0.38	0.99	1.0	0.9	-0.66	0.98	0.99	0.75	0.96	0.74	0.77	0.93	0.88	0.98	0.48	0.99	0.99	1.0	0.94	0.97	0.84	0.91	0.95	0.79
Short Long Term Debt Total	0.97		0.34	0.98	0.95	0.91	-0.48	0.98	0.97	0.61	0.98	0.74	0.64	0.93	0.87	0.97	0.49	0.93	0.98	0.95	0.99	0.99	0.84	0.89	0.89	0.86
Other Current Liab	0.38	0.34		0.33	0.4	0.01	-0.46	0.23	0.23	0.52	0.32	0.87	0.5	0.03	0.31	0.24	0.81	0.41	0.32	0.39	0.3	0.26	0.43	0.33	0.49	0.61
Total Current Liabilities	0.99	0.98	0.33		0.98	0.94	-0.54	0.99	0.99	0.64	0.99	0.72	0.67	0.93	0.86	1.0	0.53	0.96	1.0	0.97	0.97	0.98	0.8	0.92	0.92	0.83
Total Stockholder Equity	1.0	0.95	0.4	0.98		0.87	-0.71	0.96	0.98	0.79	0.95	0.75	0.81	0.91	0.88	0.97	0.47	1.0	0.98	1.0	0.91	0.96	0.85	0.89	0.96	0.77
Property Plant And Equipment Net	0.9	0.91	0.01	0.94	0.87		-0.33	0.96	0.95	0.43	0.95	0.45	0.46	0.95	0.76	0.96	0.34	0.85	0.94	0.87	0.93	0.93	0.64	0.86	0.79	0.7
Net Debt	-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
Retained Earnings	0.98	0.98	0.23	0.99	0.96	0.96	-0.5		0.99	0.61	0.99	0.65	0.64	0.96	0.86	1.0	0.44	0.94	0.99	0.96	0.98	0.99	0.81	0.91	0.9	0.79
Accounts Payable	0.99	0.97	0.23	0.99	0.98	0.95	-0.57	0.99		0.67	0.97	0.64	0.69	0.97	0.87	1.0	0.41	0.96	0.99	0.98	0.95	0.98	0.79	0.9	0.92	0.76
Cash	0.75	0.61	0.52	0.64	0.79	0.43	-0.98	0.61	0.67		0.56	0.66	1.0	0.6	0.74	0.61	0.25	0.83	0.65	0.8	0.49	0.62	0.77	0.61	0.82	0.41
Non Current Assets Total	0.96	0.98	0.32	0.99	0.95	0.95	-0.44	0.99	0.97	0.56		0.72	0.59	0.92	0.84	0.99	0.55	0.93	0.99	0.94	0.99	0.98	0.77	0.92	0.9	0.87
Non Currrent Assets Other	0.74	0.74	0.87	0.72	0.75	0.45	-0.56	0.65	0.64	0.66	0.72		0.67	0.49	0.67	0.65	0.79	0.75	0.71	0.74	0.7	0.69	0.72	0.67	0.79	0.88
Cash And Short Term Investments	0.77	0.64	0.5	0.67	0.81	0.46	-0.97	0.64	0.69	1.0	0.59	0.67		0.64	0.79	0.64	0.24	0.84	0.68	0.82	0.53	0.65	0.8	0.66	0.85	0.45
Common Stock Shares Outstanding	0.93	0.93	0.03	0.93	0.91	0.95	-0.5	0.96	0.97	0.6	0.92	0.49	0.64		0.88	0.96	0.19	0.89	0.94	0.92	0.91	0.96	0.78	0.86	0.84	0.66
Non Current Liabilities Total	0.88	0.87	0.31	0.86	0.88	0.76	-0.62	0.86	0.87	0.74	0.84	0.67	0.79	0.88		0.85	0.28	0.88	0.86	0.88	0.82	0.89	0.88	0.93	0.94	0.74
Inventory	0.98	0.97	0.24	1.0	0.97	0.96	-0.51	1.0	1.0	0.61	0.99	0.65	0.64	0.96	0.85		0.45	0.95	1.0	0.96	0.97	0.98	0.77	0.91	0.91	0.79
Other Current Assets	0.48	0.49	0.81	0.53	0.47	0.34	-0.16	0.44	0.41	0.25	0.55	0.79	0.24	0.19	0.28	0.45		0.46	0.5	0.46	0.55	0.41	0.36	0.49	0.51	0.78
Other Stockholder Equity	0.99	0.93	0.41	0.96	1.0	0.85	-0.75	0.94	0.96	0.83	0.93	0.75	0.84	0.89	0.88	0.95	0.46		0.96	1.0	0.88	0.93	0.83	0.88	0.96	0.74
Total Liab	0.99	0.98	0.32	1.0	0.98	0.94	-0.54	0.99	0.99	0.65	0.99	0.71	0.68	0.94	0.86	1.0	0.5	0.96		0.98	0.97	0.98	0.8	0.92	0.92	0.82
Total Current Assets	1.0	0.95	0.39	0.97	1.0	0.87	-0.71	0.96	0.98	0.8	0.94	0.74	0.82	0.92	0.88	0.96	0.46	1.0	0.98		0.91	0.95	0.85	0.89	0.96	0.76
Short Term Debt	0.94	0.99	0.3	0.97	0.91	0.93	-0.36	0.98	0.95	0.49	0.99	0.7	0.53	0.91	0.82	0.97	0.55	0.88	0.97	0.91		0.97	0.78	0.89	0.85	0.88
Intangible Assets	0.97	0.99	0.26	0.98	0.96	0.93	-0.51	0.99	0.98	0.62	0.98	0.69	0.65	0.96	0.89	0.98	0.41	0.93	0.98	0.95	0.97		0.82	0.89	0.9	0.82
Common Stock	0.84	0.84	0.43	0.8	0.85	0.64	-0.66	0.81	0.79	0.77	0.77	0.72	0.8	0.78	0.88	0.77	0.36	0.83	0.8	0.85	0.78	0.82		0.78	0.84	0.69
Net Receivables	0.91	0.89	0.33	0.92	0.89	0.86	-0.48	0.91	0.9	0.61	0.92	0.67	0.66	0.86	0.93	0.91	0.49	0.88	0.92	0.89	0.89	0.89	0.78		0.95	0.83
Net Invested Capital	0.95	0.89	0.49	0.92	0.96	0.79	-0.72	0.9	0.92	0.82	0.9	0.79	0.85	0.84	0.94	0.91	0.51	0.96	0.92	0.96	0.85	0.9	0.84	0.95		0.8
Short Long Term Debt	0.79	0.86	0.61	0.83	0.77	0.7	-0.26	0.79	0.76	0.41	0.87	0.88	0.45	0.66	0.74	0.79	0.78	0.74	0.82	0.76	0.88	0.82	0.69	0.83	0.8

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ACM Research Account Relationship Matchups

ACM Research fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.3B	1.8B	6.3B	8.2B	9.8B	10.2B
Short Long Term Debt Total	97.0M	299.5M	250.4M	554.1M	637.2M	669.1M
Other Current Liab	172.4M	120.4M	439.7M	1.0B	5.5M	5.2M
Total Current Liabilities	412.6M	594.6M	1.3B	2.4B	2.9B	3.0B
Total Stockholder Equity	829.9M	1.0B	4.8B	5.5B	6.5B	6.8B
Property Plant And Equipment Net	17.7M	42.5M	101.1M	568.1M	1.4B	1.5B
Net Debt	(343.1M)	28.2M	(3.2B)	(1.0B)	(907.4M)	(952.8M)
Retained Earnings	65.6M	241.2M	483.1M	1.1B	1.7B	1.8B
Accounts Payable	143.2M	291.9M	733.4M	961.4M	1.5B	1.6B
Cash	440.0M	271.3M	3.4B	1.6B	1.5B	1.2B
Non Current Assets Total	99.4M	422.0M	530.2M	1.9B	2.2B	2.3B
Non Currrent Assets Other	59.2M	310.6M	487.9M	1.2B	331.9M	388.0M
Cash And Short Term Investments	440.0M	455.5M	3.6B	1.7B	2.0B	1.2B
Liabilities And Stockholders Equity	1.3B	1.8B	6.3B	8.2B	9.4B	9.9B
Non Current Liabilities Total	65.5M	200.3M	257.8M	255.0M	417.0M	210.6M
Inventory	307.3M	614.9M	1.4B	2.7B	3.9B	4.1B
Other Current Assets	192.6M	24.7M	71.1M	616.6M	155.6M	216.5M
Other Stockholder Equity	374.1M	417.3M	3.9B	4.0B	4.6B	4.8B
Total Liab	478.1M	794.9M	1.5B	2.7B	3.3B	3.5B
Total Current Assets	1.2B	1.4B	5.8B	6.3B	7.6B	8.0B
Short Term Debt	97.0M	182.2M	91.5M	416.3M	478.7M	502.6M
Intangible Assets	2.4M	66.5M	64.7M	116.9M	164.3M	172.6M

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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.

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ACM Change To Inventory vs Net Income Analysis

Change To Inventory vs Net Income

Change To Inventory vs Net Income Correlation Analysis

Correlation Coefficient

Change To Inventory

Net Income

ACM Research fundamental ratios Correlations

ACM Research Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ACM Research fundamental ratios Accounts

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Other Information on Investing in ACM Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Inventory	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities
Other Stockholder Equity	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Total Stockholder Equity

Cash	- 0.98	Net Debt
Cash And Short Term Investments	- 0.97	Net Debt
Other Stockholder Equity	- 0.75	Net Debt
Net Invested Capital	- 0.72	Net Debt
Total Current Assets	- 0.71	Net Debt
Net Debt	- 0.71	Total Stockholder Equity