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 Depreciation and its Capital Expenditures 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.
Depreciation vs Capital Expenditures
Depreciation vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
ACM Research Shanghai Depreciation account and
Capital Expenditures. At this time, the significance of the direction appears to have strong relationship.
The correlation between ACM Research's Depreciation and Capital Expenditures is 0.65. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Capital Expenditures 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 Depreciation and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of ACM Research Shanghai are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Depreciation i.e., ACM Research's Depreciation and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | 0.65 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Depreciation
Depreciation indicates how much of ACM Research Shanghai value has been used up. For tax purposes ACM Research can deduct the cost of the tangible assets it purchases as business expenses. However, ACM Research Shanghai must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Capital Expenditures
Capital Expenditures are funds used by ACM Research Shanghai to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of ACM Research operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
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.