Acme Operating Income vs Return on Average Assets Analysis

ACU Stock  USD 46.12  0.02  0.04%   
Trend analysis of Acme United balance sheet accounts such as Short Long Term Debt Total of 20.8 M, Other Current Liabilities of 13 M or Total Current Liabilities of 27.3 M provides information on Acme United's total assets, liabilities, and equity, which is the actual value of Acme United to its prevalent stockholders. By breaking down trends over time using Acme United balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
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 tightly coupled 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.

About Acme Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Acme United at a specified time, usually calculated after every quarter, six months, or one year. Acme United Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Acme United 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 Acme currently owns. An asset can also be divided into two categories, current and non-current.

Acme United Balance Sheet Chart

Acme United Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Acme United uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Acme United's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Inventory is likely to gain to about 58.2 M in 2024, whereas Cash is likely to drop slightly above 3.6 M in 2024.

Total Assets

Total assets refers to the total amount of Acme United 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 Acme United 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.

Total Current Liabilities

Total Current Liabilities is an item on Acme United balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Acme United are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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 tightly coupled 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 Multiple is likely to gain to 15.39 in 2024, whereas Tax Provision is likely to drop slightly above 1.2 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense922K2.4M3.1M3.3M
Depreciation And Amortization4.0M4.6M5.1M5.3M

Acme United fundamental ratios Correlations

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0.68-0.550.490.410.510.980.460.180.580.180.910.491.00.680.11-0.460.970.360.74-0.410.72-0.390.470.560.71
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0.950.49-0.230.950.890.510.96-0.030.94-0.030.640.70.490.940.77-0.250.620.890.93-0.460.870.550.920.770.77
0.950.41-0.230.950.950.451.0-0.140.97-0.140.560.710.410.930.83-0.040.530.940.89-0.550.830.630.870.70.66
0.940.51-0.330.890.950.570.95-0.210.97-0.220.60.670.50.920.720.080.60.950.87-0.730.830.470.780.590.57
0.70.98-0.550.510.450.570.49-0.020.63-0.020.90.550.970.710.18-0.350.950.40.73-0.470.77-0.370.480.520.66
0.960.46-0.230.961.00.950.49-0.10.97-0.110.60.720.460.950.82-0.110.570.930.92-0.540.860.60.880.730.71
-0.030.18-0.04-0.03-0.14-0.21-0.02-0.1-0.191.00.14-0.260.2-0.07-0.33-0.590.18-0.20.110.24-0.19-0.140.020.220.27
0.980.58-0.330.940.970.970.630.97-0.19-0.190.660.730.580.960.74-0.050.670.930.92-0.660.930.460.870.680.68
-0.030.18-0.05-0.03-0.14-0.22-0.02-0.111.0-0.190.14-0.260.2-0.07-0.34-0.590.18-0.20.10.24-0.19-0.150.010.220.27
0.760.91-0.370.640.560.60.90.60.140.660.140.650.920.750.28-0.50.960.430.81-0.380.77-0.170.580.790.87
0.740.490.020.70.710.670.550.72-0.260.73-0.260.650.480.710.46-0.150.550.510.72-0.360.820.320.730.60.66
0.671.0-0.560.490.410.50.970.460.20.580.20.920.480.680.11-0.470.980.350.73-0.40.72-0.390.490.580.72
0.990.68-0.440.940.930.920.710.95-0.070.96-0.070.750.710.680.74-0.220.760.880.98-0.510.910.340.860.750.78
0.710.11-0.240.770.830.720.180.82-0.330.74-0.340.280.460.110.740.050.240.790.65-0.230.590.670.70.550.48
-0.22-0.46-0.04-0.25-0.040.08-0.35-0.11-0.59-0.05-0.59-0.5-0.15-0.47-0.220.05-0.470.12-0.37-0.35-0.240.22-0.2-0.53-0.69
0.760.97-0.520.620.530.60.950.570.180.670.180.960.550.980.760.24-0.470.470.81-0.420.78-0.240.590.720.81
0.880.36-0.360.890.940.950.40.93-0.20.93-0.20.430.510.350.880.790.120.470.8-0.620.750.580.780.560.49
0.980.74-0.40.930.890.870.730.920.110.920.10.810.720.730.980.65-0.370.810.8-0.470.890.290.870.790.86
-0.57-0.410.19-0.46-0.55-0.73-0.47-0.540.24-0.660.24-0.38-0.36-0.4-0.51-0.23-0.35-0.42-0.62-0.47-0.55-0.21-0.43-0.16-0.12
0.930.72-0.280.870.830.830.770.86-0.190.93-0.190.770.820.720.910.59-0.240.780.750.89-0.550.270.850.720.77
0.38-0.390.350.550.630.47-0.370.6-0.140.46-0.15-0.170.32-0.390.340.670.22-0.240.580.29-0.210.270.550.320.15
0.890.47-0.230.920.870.780.480.880.020.870.010.580.730.490.860.7-0.20.590.780.87-0.430.850.550.730.73
0.760.56-0.160.770.70.590.520.730.220.680.220.790.60.580.750.55-0.530.720.560.79-0.160.720.320.730.95
0.790.71-0.230.770.660.570.660.710.270.680.270.870.660.720.780.48-0.690.810.490.86-0.120.770.150.730.95
Click cells to compare fundamentals

Acme United Account Relationship Matchups

Acme United fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets110.7M129.9M144.4M164.4M152.6M160.2M
Short Long Term Debt Total39.7M48.0M48.5M63.8M25.9M20.8M
Other Current Liab8.6M11.5M9.9M(295.2M)12.4M13.0M
Total Current Liabilities16.6M20.2M20.2M22.1M26.0M27.3M
Total Stockholder Equity55.7M62.7M77.1M79.0M97.9M102.8M
Property Plant And Equipment Net17.0M22.7M27.2M29.0M30.0M31.5M
Net Debt32.9M43.8M43.7M57.7M20.4M17.4M
Retained Earnings51.6M58.0M69.9M71.0M86.7M91.1M
Cash6.8M4.2M4.8M6.1M5.5M3.6M
Non Current Assets Total37.6M46.2M49.2M58.8M60.6M63.6M
Cash And Short Term Investments6.8M4.2M4.8M6.1M5.5M3.5M
Net Receivables25.5M27.2M34.2M32.6M26.2M14.1M
Common Stock Shares Outstanding3.5M3.5M3.5M4.0M3.7M3.8M
Liabilities And Stockholders Equity110.7M129.9M144.4M164.4M152.6M160.2M
Non Current Liabilities Total38.4M47.0M47.1M63.2M28.7M19.7M
Inventory39.3M50.7M53.6M63.3M55.5M58.2M
Other Current Assets1.6M1.6M2.6M3.6M4.8M5.0M
Other Stockholder Equity(6.0M)(6.6M)(4.1M)(2.5M)(77.8K)(73.9K)
Total Liab55.0M67.2M67.4M85.3M54.7M31.5M
Property Plant And Equipment Gross17.0M39.2M27.2M50.1M56.6M59.4M
Total Current Assets73.1M83.7M95.3M105.6M92.0M96.6M
Accumulated Other Comprehensive Income(2.0M)(826.0K)(1.4M)(2.1M)(1.7M)(1.8M)
Short Term Debt1.3M1.1M1.4M1.5M1.5M1.4M
Intangible Assets15.8M18.7M17.2M20.8M19.0M20.0M
Non Currrent Assets Other89K(110.2M)(599.3K)(305.3M)899.3M944.3M
Accounts Payable6.7M7.6M9.0M10.5M12.1M12.7M
Other Liab81.6K110.2K629K927.7K835.0K542.6K
Other Assets202.3K88.8K0.0750K675K756.5K
Long Term Debt33.2M45.2M44.7M60.6M23.4M23.8M
Property Plant Equipment14.0M22.7M27.2M29.0M33.4M35.1M
Net Tangible Assets35.2M39.2M55.1M50.1M57.6M36.9M
Retained Earnings Total Equity47.5M51.6M58.0M71.0M81.6M46.7M
Long Term Debt Total33.2M45.2M44.7M61.5M70.8M38.8M
Capital Surpluse8.3M7.9M11.9M13.4M15.5M9.4M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Acme United in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Acme United's short interest history, or implied volatility extrapolated from Acme United options trading.

Pair Trading with Acme United

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Acme United position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Acme United will appreciate offsetting losses from the drop in the long position's value.

Moving together with Acme Stock

  0.73FA First Advantage Corp Financial Report 8th of May 2024 PairCorr

Moving against Acme Stock

  0.69LZ LegalZoom Financial Report 14th of May 2024 PairCorr
  0.46NL NL IndustriesPairCorr
The ability to find closely correlated positions to Acme United could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Acme United when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Acme United - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Acme United to buy it.
The correlation of Acme United is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Acme United moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Acme United moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Acme United can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Acme United is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Acme Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Acme United Stock. Highlighted below are key reports to facilitate an investment decision about Acme United Stock:
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 tightly coupled 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.
Note that the Acme United information on this page should be used as a complementary analysis to other Acme United's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

Complementary Tools for Acme Stock analysis

When running Acme United's price analysis, check to measure Acme United's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Acme United is operating at the current time. Most of Acme United's value examination focuses on studying past and present price action to predict the probability of Acme United's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Acme United's price. Additionally, you may evaluate how the addition of Acme United to your portfolios can decrease your overall portfolio volatility.
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Is Acme United's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Acme United. If investors know Acme will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Acme United listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
30.991
Dividend Share
0.57
Earnings Share
4.86
Revenue Per Share
53.61
Quarterly Revenue Growth
(0.05)
The market value of Acme United is measured differently than its book value, which is the value of Acme that is recorded on the company's balance sheet. Investors also form their own opinion of Acme United's value that differs from its market value or its book value, called intrinsic value, which is Acme United's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Acme United's market value can be influenced by many factors that don't directly affect Acme United's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Acme United's value and its price as these two are different measures arrived at by different means. Investors typically determine if Acme United is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Acme United's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.