Acme Total Assets vs Book Value per Share Analysis

ACU Stock

USD 43.64 1.14 2.68%

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 Total Assets and its Book Value Per Share 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 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.

Total Assets vs Book Value Per Share

Total Assets vs Book Value per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Acme United Total Assets account and Book Value per Share. At this time, the significance of the direction appears to have almost identical trend.

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

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

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.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

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. Sales General And Administrative To Revenue is likely to gain to 0.22 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	4.0M	4.6M	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	-0.37	0.95	0.95	0.94	0.7	0.96	-0.03	0.98	-0.03	0.76	0.81	0.67	0.99	0.71	-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		-0.55	0.49	0.41	0.51	0.98	0.46	0.18	0.58	0.18	0.91	0.59	1.0	0.68	0.11	-0.46	0.97	0.36	0.74	-0.41	0.72	-0.39	0.47	0.56	0.71
Other Current Liab	-0.37	-0.55		-0.23	-0.23	-0.33	-0.55	-0.23	-0.04	-0.33	-0.05	-0.37	-0.19	-0.56	-0.44	-0.24	-0.04	-0.52	-0.36	-0.4	0.19	-0.28	0.35	-0.23	-0.16	-0.23
Total Current Liabilities	0.95	0.49	-0.23		0.95	0.89	0.51	0.96	-0.03	0.94	-0.03	0.64	0.74	0.49	0.94	0.77	-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	-0.23	0.95		0.95	0.45	1.0	-0.14	0.97	-0.14	0.56	0.75	0.41	0.93	0.83	-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	-0.33	0.89	0.95		0.57	0.95	-0.21	0.97	-0.22	0.6	0.73	0.5	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	-0.55	0.51	0.45	0.57		0.49	-0.02	0.63	-0.02	0.9	0.66	0.97	0.71	0.18	-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	-0.23	0.96	1.0	0.95	0.49		-0.1	0.97	-0.11	0.6	0.76	0.46	0.95	0.82	-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	-0.04	-0.03	-0.14	-0.21	-0.02	-0.1		-0.19	1.0	0.14	-0.25	0.2	-0.07	-0.33	-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	-0.33	0.94	0.97	0.97	0.63	0.97	-0.19		-0.19	0.66	0.79	0.58	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	-0.05	-0.03	-0.14	-0.22	-0.02	-0.11	1.0	-0.19		0.14	-0.25	0.2	-0.07	-0.34	-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	-0.37	0.64	0.56	0.6	0.9	0.6	0.14	0.66	0.14		0.71	0.92	0.75	0.28	-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	-0.19	0.74	0.75	0.73	0.66	0.76	-0.25	0.79	-0.25	0.71		0.59	0.8	0.52	-0.13	0.64	0.58	0.79	-0.38	0.86	0.24	0.77	0.62	0.69
Non Current Liabilities Total	0.67	1.0	-0.56	0.49	0.41	0.5	0.97	0.46	0.2	0.58	0.2	0.92	0.59		0.68	0.11	-0.47	0.98	0.35	0.73	-0.4	0.72	-0.39	0.49	0.58	0.72
Inventory	0.99	0.68	-0.44	0.94	0.93	0.92	0.71	0.95	-0.07	0.96	-0.07	0.75	0.8	0.68		0.74	-0.22	0.76	0.88	0.98	-0.51	0.91	0.34	0.86	0.75	0.78
Other Current Assets	0.71	0.11	-0.24	0.77	0.83	0.72	0.18	0.82	-0.33	0.74	-0.34	0.28	0.52	0.11	0.74		0.05	0.24	0.79	0.65	-0.23	0.59	0.67	0.7	0.55	0.48
Other Stockholder Equity	-0.22	-0.46	-0.04	-0.25	-0.04	0.08	-0.35	-0.11	-0.59	-0.05	-0.59	-0.5	-0.13	-0.47	-0.22	0.05		-0.47	0.12	-0.37	-0.35	-0.24	0.22	-0.2	-0.53	-0.69
Total Liab	0.76	0.97	-0.52	0.62	0.53	0.6	0.95	0.57	0.18	0.67	0.18	0.96	0.64	0.98	0.76	0.24	-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	0.36	-0.36	0.89	0.94	0.95	0.4	0.93	-0.2	0.93	-0.2	0.43	0.58	0.35	0.88	0.79	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	-0.4	0.93	0.89	0.87	0.73	0.92	0.11	0.92	0.1	0.81	0.79	0.73	0.98	0.65	-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	0.19	-0.46	-0.55	-0.73	-0.47	-0.54	0.24	-0.66	0.24	-0.38	-0.38	-0.4	-0.51	-0.23	-0.35	-0.42	-0.62	-0.47		-0.55	-0.21	-0.43	-0.16	-0.12
Intangible Assets	0.93	0.72	-0.28	0.87	0.83	0.83	0.77	0.86	-0.19	0.93	-0.19	0.77	0.86	0.72	0.91	0.59	-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	0.35	0.55	0.63	0.47	-0.37	0.6	-0.14	0.46	-0.15	-0.17	0.24	-0.39	0.34	0.67	0.22	-0.24	0.58	0.29	-0.21	0.27		0.55	0.32	0.15
Accounts Payable	0.89	0.47	-0.23	0.92	0.87	0.78	0.48	0.88	0.02	0.87	0.01	0.58	0.77	0.49	0.86	0.7	-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	-0.16	0.77	0.7	0.59	0.52	0.73	0.22	0.68	0.22	0.79	0.62	0.58	0.75	0.55	-0.53	0.72	0.56	0.79	-0.16	0.72	0.32	0.73		0.95
Common Stock	0.79	0.71	-0.23	0.77	0.66	0.57	0.66	0.71	0.27	0.68	0.27	0.87	0.69	0.72	0.78	0.48	-0.69	0.81	0.49	0.86	-0.12	0.77	0.15	0.73	0.95

Click cells to compare fundamentals

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	11.5M	9.9M	(295.2M)	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	28.7M	19.7M
Inventory	39.3M	50.7M	53.6M	63.3M	55.5M	58.2M
Other Current Assets	1.6M	1.6M	2.6M	3.6M	4.8M	5.0M
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

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 against Acme Stock

0.54	BJ	BJs Wholesale Club Financial Report 28th of May 2024	Pair Corr
0.45	ASGN	ASGN Inc Financial Report 24th of April 2024	Pair Corr
0.44	KAR	KAR Auction Services Financial Report 7th of May 2024	Pair Corr
0.44	TILE	Interface Financial Report 3rd of May 2024	Pair Corr

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 Correlation Correlation 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:

How To Invest In Acme

Details

Is Acme Stock a good investment?

Details

What is Acme United's Net Worth?

Details

Largest Commercial Services & Supplies Companies

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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 AI Investment Finder module to use AI to screen and filter profitable investment opportunities.

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.

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Acme Total Assets vs Book Value per Share Analysis

Total Assets vs Book Value Per Share

Total Assets vs Book Value per Share Correlation Analysis

Correlation Coefficient

Total Assets

Book Value Per Share

Acme United fundamental ratios Correlations

Acme United Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Acme United fundamental ratios Accounts

Pair Trading with Acme United

Moving against Acme Stock

Complementary Tools for Acme Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Retained Earnings	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Inventory	+ 0.99	Total Assets
Non Current Assets Total	+ 0.98	Total Assets
Total Current Assets	+ 0.98	Total Assets

Short Term Debt	- 0.73	Property Plant And Equipment Net
Common Stock	- 0.69	Other Stockholder Equity
Short Term Debt	- 0.66	Non Current Assets Total
Short Term Debt	- 0.62	Property Plant And Equipment Gross
Other Stockholder Equity	- 0.59	Cash And Short Term Investments
Other Stockholder Equity	- 0.59	Cash