Acme Historical Income Statement

ACU Stock  USD 36.41  0.72  2.02%   
Historical analysis of Acme United income statement accounts such as Interest Expense of 3.3 M, Selling General Administrative of 51 M or Total Revenue of 201.1 M can show how well Acme United performed in making a profits. Evaluating Acme United income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Acme United's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Acme United latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Acme United is a good buy for the upcoming 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 closely tied 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 Income Statement Analysis

Acme United Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Acme United shareholders. The income statement also shows Acme investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Acme United Income Statement Chart

At this time, Acme United's EBITDA is comparatively stable compared to the past year. Cost Of Revenue is likely to gain to about 125.3 M in 2024, whereas Tax Provision is likely to drop slightly above 1.2 M in 2024.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Total Revenue

Total revenue comprises all receipts Acme United generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Acme United minus its cost of goods sold. It is profit before Acme United operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Acme United. It is also known as Acme United overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Acme United's income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement accounts, 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 closely tied 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 EBITDA is comparatively stable compared to the past year. Cost Of Revenue is likely to gain to about 125.3 M 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 income statement Correlations

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0.620.740.50.50.560.490.670.740.770.470.540.840.820.80.89-0.230.470.1-0.17-0.03-0.32-0.820.7
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Acme United Account Relationship Matchups

Acme United income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization3.4M3.1M4.0M4.6M5.1M5.3M
Interest Expense1.8M944.4K922K2.4M3.1M3.3M
Selling General Administrative35.8M39.6M41.0M44.4M48.6M51.0M
Total Revenue142.5M164.0M182.1M194.0M191.5M201.1M
Gross Profit52.0M59.6M64.8M63.6M72.2M75.8M
Other Operating Expenses134.0M152.6M169.3M187.7M178.3M187.2M
Operating Income4.9M11.4M8.5M1.5M13.2M13.8M
Ebit4.9M11.4M8.5M1.5M13.2M13.8M
Ebitda8.4M14.5M12.6M6.1M18.3M19.2M
Cost Of Revenue90.5M104.4M117.3M130.4M119.3M125.3M
Total Operating Expenses43.6M48.2M52.0M57.3M59.0M62.0M
Income Before Tax6.5M9.8M15.2M3.7M22.7M23.9M
Total Other Income Expense Net1.6M(1.6M)6.6M2.2M9.5M10.0M
Net Income5.5M8.1M13.7M3.0M17.8M18.7M
Income Tax Expense1.0M1.7M1.5M628K4.9M5.2M
Net Income Applicable To Common Shares5.5M8.1M13.7M3.0M3.5M4.4M
Selling And Marketing Expenses7.8M8.6M11.0M12.9M10.5M11.0M
Net Income From Continuing Ops5.5M8.1M13.7M3.0M6.0M6.0M
Non Operating Income Net Other(67.5K)(97.7K)(666.2K)(246.4K)(221.8K)(232.8K)
Tax Provision1.0M1.7M1.5M628K1.7M1.2M
Interest Income39.9K919K908K32K94.0K89.3K
Net Interest Income(1.8M)(919.7K)(908K)(2.4M)(3.4M)(3.3M)
Reconciled Depreciation3.4M3.8M4.0M4.6M5.0M4.2M

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

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Moving against Acme Stock

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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

Additional 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.