ACM Change To Inventory vs Other Non Cash Items Analysis

688082 Stock   106.18  1.23  1.17%   
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 Other Non Cash Items 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 Other Non Cash Items

Change To Inventory vs Other Non Cash Items 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 Other Non Cash Items. At this time, the significance of the direction appears to have pay attention.
The correlation between ACM Research's Change To Inventory and Other Non Cash Items is -0.74. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Other Non Cash Items 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 Other Non Cash Items 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 Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Change To Inventory i.e., ACM Research's Change To Inventory and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

-0.74
Relationship DirectionNegative 
Relationship StrengthWeak

Change To Inventory

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

Other Non Cash Items

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
Click cells to compare fundamentals

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

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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.