ACM Research, Inc. (ACMR) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 2.62B | 2.44B | 2.36B | 1.65B | 1.55B | 1.48B | 1.45B | 1.34B | 1.23B | 1.18B | 1.12B | 996.83M | 993.81M | 963.81M | 971.24M | 900.63M | 904.98M | 952.93M | 377.35M | 329.36M |
| Cash & Short-Term Investments | 1.29B | 1.17B | 1.13B | 505.02M | 492.76M | 444.1M | 374.13M | 370.81M | 278.32M | 283.93M | 304.6M | 269.8M | 276.12M | 338.65M | 416.62M | 417.64M | 480.11M | 592.05M | 95.25M | 101.47M |
| Cash Only | 894.13M | 765.96M | 1.06B | 452.89M | 457.24M | 407.44M | 333.47M | 324.03M | 211.31M | 182.09M | 207.1M | 257.42M | 260.39M | 247.95M | 336.27M | 323.72M | 380.31M | 562.55M | 65.04M | 70.21M |
| Short-Term Investments | 392.9M | 402.12M | 70.9M | 52.13M | 35.52M | 36.65M | 40.66M | 46.78M | 67.01M | 101.84M | 97.5M | 12.38M | 15.73M | 90.7M | 80.34M | 93.92M | 99.8M | 29.5M | 30.22M | 31.26M |
| Accounts Receivable | 580.97M | 552.9M | 527.45M | 477.37M | 422.9M | 428.9M | 428.44M | 349.95M | 347.69M | 323.25M | 284.6M | 235.24M | 222.31M | 212.55M | 203.54M | 172.36M | 131.56M | 125.61M | 97.95M | 82.09M |
| Days Sales Outstanding | 220.63 | 203.31 | 171.73 | 190.19 | 222.41 | 176.48 | 175.54 | 156.77 | 200.59 | 164.17 | 141.86 | 143.99 | 263.53 | 176.34 | 129.32 | 132.46 | 274.33 | 108.09 | 123.59 | 129.83 |
| Inventory | 738M | 702.63M | 676.41M | 648.28M | 609.57M | 597.98M | 628.72M | 602.93M | 581.14M | 545.39M | 507.43M | 471.09M | 473.3M | 393.17M | 327.79M | 288.08M | 271.54M | 218.12M | 176.61M | 136.85M |
| Days Inventory Outstanding | 522.7 | 438.93 | 390.59 | 516.02 | 605.14 | 500.89 | 571.46 | 509.72 | 701.48 | 530.77 | 562.27 | 565.85 | 1.14K | 605.89 | 418.21 | 422.7 | 979.31 | 365.37 | 386.28 | 339.41 |
| Other Current Assets | 13.35M | 2.5M | 23.57M | 682K | 10.59M | 4.89M | 1.78M | 881K | 808K | 1.08M | 560K | 582K | 460K | 500K | 367K | 628K | 0 | 519K | 0 | 0 |
| Total Non-Current Assets | 446.55M | 435.5M | 412.48M | 394.06M | 385.89M | 372.34M | 348.86M | 324.41M | 327.39M | 314.8M | 294.35M | 320.08M | 318.94M | 271.69M | 176.42M | 170.9M | 182.4M | 99.25M | 92.16M | 89.6M |
| Property, Plant & Equipment | 341.08M | 332.75M | 314.74M | 308.23M | 294.81M | 283.31M | 274.43M | 234.98M | 233.88M | 221.46M | 200.15M | 168.43M | 158.64M | 133.71M | 69.74M | 61.38M | 63.59M | 61.2M | 57.15M | 56.64M |
| Fixed Asset Turnover | 0.69x | 0.76x | 0.86x | 0.71x | 0.60x | 0.80x | 0.80x | 0.86x | 0.67x | 0.81x | 0.91x | 0.88x | 0.51x | 1.07x | 2.04x | 1.67x | 0.68x | 1.61x | 1.18x | 0.98x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 2.72M | 2.85M | 2.71M | 2.85M | 3M | 3.46M | 11.16M | 11.06M | 11.11M | 2.54M | 10.46M | 10.4M | 9.99M | 9.95M | 10.11M | 10.49M | 11.19M | 10.92M | 10.87M | 11.04M |
| Long-Term Investments | 68.47M | 66.03M | 63.56M | 56.72M | 68.21M | 50.34M | 47.17M | 46.55M | 59.13M | 68.7M | 65.49M | 128.23M | 135.12M | 119.42M | 88.94M | 87.11M | 91.42M | 12.69M | 7.41M | 7.01M |
| Other Non-Current Assets | 4.05M | 4.48M | 4.84M | 3.92M | 3.42M | 20.45M | 2.7M | 10.92M | 1.91M | 1.84M | 1.77M | 1.78M | 2.15M | 1.92M | 1.05M | 1.15M | 906K | 1.26M | 936K | 226K |
| Total Assets | 3.07B | 2.87B | 2.77B | 2.04B | 1.93B | 1.86B | 1.79B | 1.67B | 1.56B | 1.49B | 1.41B | 1.32B | 1.31B | 1.24B | 1.15B | 1.07B | 1.09B | 1.05B | 469.51M | 418.96M |
| Asset Turnover | 0.08x | 0.09x | 0.11x | 0.11x | 0.09x | 0.12x | 0.12x | 0.13x | 0.10x | 0.12x | 0.12x | 0.11x | 0.06x | 0.09x | 0.12x | 0.10x | 0.04x | 0.13x | 0.15x | 0.14x |
| Asset Growth % | 58.55% | 54.77% | 54.42% | 22.32% | 24.22% | 24.47% | 27.22% | 26.63% | 18.59% | 20.67% | 22.88% | 22.9% | 20.73% | 17.42% | 144.44% | 155.76% | 192.45% | 208.32% | 58.29% | 62.76% |
| Total Current Liabilities | 745.68M | 745.71M | 677.87M | 671.01M | 628.88M | 641.23M | 610.03M | 586.17M | 533.25M | 500.66M | 481.95M | 456.3M | 450.21M | 396.21M | 345.6M | 252.73M | 244.45M | 205.94M | 195.21M | 162.06M |
| Accounts Payable | 240.66M | 247.5M | 180.88M | 168.61M | 116.44M | 139.29M | 170.81M | 142.42M | 135.5M | 141.81M | 136.68M | 106.86M | 116.56M | 101.73M | 92.33M | 93.9M | 108.49M | 93.45M | 92.83M | 67.03M |
| Days Payables Outstanding | 177.12 | 136.35 | 103.05 | 116.94 | 128.16 | 126.62 | 145.33 | 119.64 | 172.68 | 140.4 | 139.94 | 133.87 | 286.64 | 163.08 | 126.46 | 152.88 | 403.89 | 172.42 | 196.99 | 157.99 |
| Short-Term Debt | 112.08M | 113.91M | 93.69M | 115.11M | 92.89M | 77.29M | 64.47M | 74.11M | 61.26M | 38.12M | 40.63M | 57.22M | 59.11M | 58.33M | 52.95M | 7.23M | 12.04M | 12M | 17.55M | 23.96M |
| Deferred Revenue (Current) | 179.78M | 205.2M | 219.06M | 235.11M | 252.24M | 252.49M | 225.82M | 210.89M | 186.95M | 185.06M | 196.14M | 200.53M | 184.85M | 157.95M | 141.52M | 97.37M | 84.73M | 56M | 55.08M | 46.19M |
| Other Current Liabilities | 128.61M | 178.12M | 0 | 45.73M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Ratio | 3.51x | 3.27x | 3.48x | 2.45x | 2.46x | 2.31x | 2.37x | 2.29x | 2.31x | 2.35x | 2.32x | 2.18x | 2.21x | 2.43x | 2.81x | 3.56x | 3.70x | 4.63x | 1.93x | 2.03x |
| Quick Ratio | 2.52x | 2.33x | 2.48x | 1.49x | 1.49x | 1.38x | 1.34x | 1.26x | 1.22x | 1.26x | 1.26x | 1.15x | 1.16x | 1.44x | 1.86x | 2.42x | 2.59x | 3.57x | 1.03x | 1.19x |
| Cash Conversion Cycle | 566.22 | 505.9 | 459.26 | 589.27 | 699.39 | 550.75 | 601.67 | 546.85 | 729.39 | 554.54 | 564.18 | 575.98 | 1.11K | 619.14 | 421.07 | 402.28 | 849.75 | 301.04 | 312.88 | 311.25 |
| Total Non-Current Liabilities | 236.75M | 195.96M | 207.56M | 177.01M | 149.54M | 118.58M | 115.06M | 80.02M | 62.71M | 64.09M | 50.17M | 27.23M | 29.84M | 27.11M | 27.97M | 31.65M | 34.15M | 34.58M | 31.8M | 27.34M |
| Long-Term Debt | 220.86M | 184M | 193.36M | 162.99M | 134.54M | 105.53M | 106.07M | 70.83M | 53.41M | 53.95M | 39.75M | 15.9M | 18.25M | 18.69M | 18.81M | 20.64M | 22.34M | 22.96M | 23.08M | 18.72M |
| Capital Lease Obligations | 4.13M | 5.07M | 5.88M | 5.5M | 6.15M | 3.84M | 3.3M | 3.68M | 3.83M | 4.26M | 4.31M | 4.77M | 4.39M | 1.11M | 1.33M | 1.7M | 1.95M | 1.87M | 2.12M | 2.77M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.17M | 1.24M | 1.31M | 1.3M | 1.29M | 1.3M |
| Other Non-Current Liabilities | 11.77M | 6.9M | 8.32M | 8.53M | 1.09M | 1.17M | 1.41M | 1.3M | 1.18M | 1.3M | 1.48M | 1.5M | 1.63M | 1.66M | 6.66M | 8.06M | 844K | 684K | 1.57M | 2.93M |
| Total Liabilities | 982.43M | 941.68M | 885.43M | 848.03M | 778.41M | 759.82M | 725.09M | 666.19M | 595.96M | 564.75M | 532.12M | 483.53M | 480.05M | 423.33M | 373.57M | 284.38M | 278.6M | 240.51M | 227M | 189.4M |
| Total Debt | 337.06M | 302.98M | 297.04M | 287.37M | 237.14M | 188.78M | 176.21M | 151.19M | 121.16M | 99.1M | 87.56M | 80.92M | 84.77M | 79.5M | 74.41M | 31.35M | 38.41M | 39.14M | 45.23M | 47.89M |
| Net Debt | -557.07M | -462.99M | -761.87M | -165.51M | -220.1M | -218.66M | -157.26M | -172.84M | -90.14M | -82.99M | -119.54M | -176.5M | -175.62M | -168.45M | -261.87M | -292.37M | -341.9M | -523.41M | -19.8M | -22.32M |
| Debt / Equity | 0.16x | 0.16x | 0.16x | 0.24x | 0.21x | 0.17x | 0.16x | 0.15x | 0.13x | 0.11x | 0.10x | 0.10x | 0.10x | 0.10x | 0.10x | 0.04x | 0.05x | 0.05x | 0.19x | 0.21x |
| Debt / EBITDA | 8.09x | 10.48x | 8.99x | 8.20x | 8.24x | 4.03x | 3.78x | 3.80x | 4.37x | 3.89x | 2.48x | 2.48x | 9.22x | 4.43x | 2.24x | 1.47x | - | 1.97x | 3.66x | 9.94x |
| Net Debt / EBITDA | -13.38x | -16.02x | -23.07x | -4.72x | -7.64x | -4.66x | -3.38x | -4.35x | -3.25x | -3.26x | -3.39x | -5.40x | -19.10x | -9.39x | -7.89x | -13.68x | - | -26.33x | -1.60x | -4.63x |
| Interest Coverage | 18.72x | 12.61x | 27.52x | 22.72x | 18.44x | 46.95x | 36.33x | 44.71x | 32.22x | 46.09x | 50.55x | 64.54x | 12.75x | 26.18x | 75.50x | 80.83x | -42.89x | 114.98x | 57.98x | 22.32x |
| Total Equity | 2.08B | 1.93B | 1.89B | 1.19B | 1.16B | 1.1B | 1.07B | 1B | 960.79M | 926.16M | 878.13M | 833.38M | 832.71M | 812.17M | 774.1M | 787.14M | 808.77M | 811.66M | 242.51M | 229.56M |
| Equity Growth % | 80.33% | 76.16% | 76.34% | 19% | 20.25% | 18.33% | 21.75% | 20.16% | 15.38% | 14.04% | 13.44% | 5.87% | 2.96% | 0.06% | 219.21% | 242.9% | 275.74% | 289.9% | 27.15% | 52.04% |
| Book Value per Share | 29.86 | 28.06 | 27.56 | 17.66 | 17.26 | 16.48 | 16.03 | 14.93 | 14.50 | 14.05 | 13.42 | 12.84 | 12.80 | 12.65 | 11.80 | 12.02 | 12.26 | 12.24 | 3.67 | 3.51 |
| Total Shareholders' Equity | 1.58B | 1.46B | 1.43B | 986.45M | 949.15M | 904.63M | 888.17M | 833.17M | 796.2M | 767.39M | 729.05M | 691.95M | 691.93M | 674.86M | 643.01M | 655M | 674.39M | 676.2M | 173.02M | 160.82M |
| Common Stock | 7K | 7K | 7K | 7K | 7K | 7K | 7K | 7K | 7K | 7K | 7K | 6K | 6K | 6K | 6K | 6K | 6K | 6K | 2K | 2K |
| Retained Earnings | 367.74M | 350.43M | 346.03M | 310.14M | 280.38M | 260M | 229.37M | 198.47M | 174.26M | 156.83M | 152.31M | 124.28M | 101.41M | 94.43M | 91.19M | 70.18M | 66.26M | 63.73M | 56.48M | 46.32M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 18.98M | -1.58M | -18.48M | -28.27M | -31.43M | -32.86M | -10.76M | -24.77M | -24.86M | -19.29M | -43.47M | -45.03M | -15.89M | -23.66M | -49.61M | -14.32M | 10.98M | 17.42M | 5.76M | 5.93M |
| Minority Interest | 501.96M | 466.15M | 452.53M | 205.24M | 206.21M | 191.28M | 180.92M | 168.22M | 164.59M | 158.77M | 149.08M | 141.43M | 140.78M | 137.31M | 131.08M | 132.14M | 134.39M | 135.46M | 69.49M | 68.73M |