Axcelis Deferred Long Term Liab vs Short Term Investments Analysis

ACLS Stock  USD 73.51  0.94  1.26%   
Axcelis Technologies financial indicator trend analysis is way more than just evaluating Axcelis Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Axcelis Technologies is a good investment. Please check the relationship between Axcelis Technologies Deferred Long Term Liab and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Axcelis Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Axcelis Stock please use our How to Invest in Axcelis Technologies guide.

Deferred Long Term Liab vs Short Term Investments

Deferred Long Term Liab vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Axcelis Technologies Deferred Long Term Liab account and Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Axcelis Technologies' Deferred Long Term Liab and Short Term Investments is 0.48. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Axcelis Technologies, assuming nothing else is changed. The correlation between historical values of Axcelis Technologies' Deferred Long Term Liab and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Axcelis Technologies are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Deferred Long Term Liab i.e., Axcelis Technologies' Deferred Long Term Liab and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.48
Relationship DirectionPositive 
Relationship StrengthWeak

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Short Term Investments

Short Term Investments is an item under the current assets section of Axcelis Technologies balance sheet. It contains any investments Axcelis Technologies undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Axcelis Technologies can easily liquidate in the marketplace.
Most indicators from Axcelis Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Axcelis Technologies 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 Axcelis Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Axcelis Stock please use our How to Invest in Axcelis Technologies guide.Tax Provision is likely to gain to about 26 M in 2024, whereas Selling General Administrative is likely to drop slightly above 35.1 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit286.4M401.8M491.3M515.9M
Total Revenue662.4M920.0M1.1B1.2B

Axcelis Technologies fundamental ratios Correlations

0.890.981.00.92-0.620.770.580.650.630.980.970.520.930.970.660.330.990.90.990.940.950.41-0.68-0.680.51
0.890.870.910.91-0.670.720.590.750.740.840.890.380.720.810.730.070.840.850.860.780.940.36-0.59-0.590.72
0.980.870.970.9-0.560.80.510.550.550.980.970.440.910.980.620.290.990.90.990.980.920.27-0.59-0.590.56
1.00.910.970.93-0.640.750.590.70.670.960.970.520.90.950.680.310.970.90.980.910.960.45-0.69-0.690.51
0.920.910.90.93-0.450.610.360.710.710.840.960.220.770.860.68-0.030.880.960.890.850.990.24-0.5-0.50.63
-0.62-0.67-0.56-0.64-0.45-0.58-0.97-0.51-0.44-0.67-0.48-0.78-0.53-0.59-0.65-0.6-0.56-0.38-0.61-0.45-0.51-0.650.690.69-0.33
0.770.720.80.750.61-0.580.620.60.430.790.760.590.740.720.640.320.80.570.780.740.710.42-0.65-0.650.66
0.580.590.510.590.36-0.970.620.530.430.630.430.880.560.540.610.680.530.290.570.390.440.72-0.75-0.750.27
0.650.750.550.70.71-0.510.60.530.750.530.690.460.530.480.690.00.550.560.570.420.760.69-0.67-0.670.56
0.630.740.550.670.71-0.440.430.430.750.550.650.360.550.550.380.070.560.560.580.480.690.43-0.56-0.560.36
0.980.840.980.960.84-0.670.790.630.530.550.920.590.940.980.60.470.990.840.990.950.870.38-0.67-0.670.44
0.970.890.970.970.96-0.480.760.430.690.650.920.360.880.920.670.130.960.940.960.920.980.31-0.61-0.610.6
0.520.380.440.520.22-0.780.590.880.460.360.590.360.640.50.370.860.510.150.520.360.310.83-0.84-0.84-0.04
0.930.720.910.90.77-0.530.740.560.530.550.940.880.640.930.490.50.950.780.930.890.80.41-0.72-0.720.29
0.970.810.980.950.86-0.590.720.540.480.550.980.920.50.930.570.410.980.880.990.970.870.29-0.6-0.60.4
0.660.730.620.680.68-0.650.640.610.690.380.60.670.370.490.570.040.590.640.630.510.720.42-0.5-0.50.7
0.330.070.290.31-0.03-0.60.320.680.00.070.470.130.860.50.410.040.36-0.010.370.30.030.57-0.58-0.58-0.4
0.990.840.990.970.88-0.560.80.530.550.560.990.960.510.950.980.590.360.880.990.970.910.32-0.65-0.650.49
0.90.850.90.90.96-0.380.570.290.560.560.840.940.150.780.880.64-0.010.880.890.880.940.11-0.42-0.420.59
0.990.860.990.980.89-0.610.780.570.570.580.990.960.520.930.990.630.370.990.890.970.920.35-0.65-0.650.48
0.940.780.980.910.85-0.450.740.390.420.480.950.920.360.890.970.510.30.970.880.970.860.16-0.49-0.490.46
0.950.940.920.960.99-0.510.710.440.760.690.870.980.310.80.870.720.030.910.940.920.860.33-0.57-0.570.67
0.410.360.270.450.24-0.650.420.720.690.430.380.310.830.410.290.420.570.320.110.350.160.33-0.8-0.8-0.02
-0.68-0.59-0.59-0.69-0.50.69-0.65-0.75-0.67-0.56-0.67-0.61-0.84-0.72-0.6-0.5-0.58-0.65-0.42-0.65-0.49-0.57-0.81.0-0.2
-0.68-0.59-0.59-0.69-0.50.69-0.65-0.75-0.67-0.56-0.67-0.61-0.84-0.72-0.6-0.5-0.58-0.65-0.42-0.65-0.49-0.57-0.81.0-0.2
0.510.720.560.510.63-0.330.660.270.560.360.440.6-0.040.290.40.7-0.40.490.590.480.460.67-0.02-0.2-0.2
Click cells to compare fundamentals

Axcelis Technologies Account Relationship Matchups

Axcelis Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets548.1M624.6M753.2M1.0B1.3B1.3B
Other Current Liab18.3M37.8M49.8M56.8M58.4M61.3M
Total Current Liabilities68.7M84.4M150.1M248.1M285.1M299.4M
Total Stockholder Equity419.4M481.6M539.0M667.3M864.9M908.1M
Property Plant And Equipment Net53.1M54.9M63.5M69.8M101.3M106.4M
Net Debt(91.3M)(155.3M)(247.5M)(139.2M)(122.1M)(116.0M)
Accounts Payable25.3M24.0M38.0M62.3M54.4M32.1M
Cash139.9M203.5M294.9M185.6M167.3M121.2M
Non Current Assets Total172.4M153.8M134.0M136.0M202.0M128.1M
Non Currrent Assets Other51.3M41.1M35.1M34.5M47.2M44.5M
Cash And Short Term Investments139.9M203.5M294.9M432.2M506.1M531.5M
Net Receivables83.8M86.9M104.4M169.8M218.0M228.9M
Common Stock Shares Outstanding33.8M34.1M34.3M33.5M33.2M31.0M
Liabilities And Stockholders Equity548.1M624.6M753.2M1.0B1.3B1.3B
Non Current Liabilities Total60.0M58.6M64.1M98.3M132.0M138.6M
Inventory140.4M161.1M195.0M242.4M306.5M321.8M
Other Current Assets11.7M38.7M49.9M33.3M49.4M25.9M
Other Stockholder Equity559.9M570.1M559.9M550.3M547.2M547.9M
Total Liab128.7M143.0M214.3M346.4M417.1M437.9M
Property Plant And Equipment Gross25.3M54.9M63.5M69.8M127.8M134.1M
Total Current Assets375.7M470.8M619.2M877.6M1.1B1.1B
Accumulated Other Comprehensive Income(258K)3.4M1.8M(2.0M)(1.8M)(1.8M)
Other Liab9.3M11.2M17.7M46.1M53.1M55.7M
Retained Earnings(140.2M)(92.0M)(22.7M)118.9M319.5M335.5M
Other Assets119.4M124.0M70.5M66.2M76.2M50.5M
Property Plant Equipment25.3M29.8M63.5M69.8M62.8M42.0M
Short Long Term Debt Total48.5M48.1M47.4M46.4M45.2M57.9M
Current Deferred Revenue24.6M21.2M60.5M123.5M164.7M172.9M
Short Term Debt399K4.0M6.6M10.9M12.7M13.3M
Net Tangible Assets419.4M481.6M539.0M667.3M767.3M805.7M
Retained Earnings Total Equity(140.2M)(92.0M)(22.7M)118.9M136.7M143.6M
Capital Surpluse559.9M570.1M559.9M550.3M632.8M598.0M
Deferred Long Term Liab42.8M38.5M32.0M30.2M34.8M36.5M
Non Current Liabilities Other60.0M58.6M9.7M21.8M42.1M41.9M
Long Term Debt Total48.1M47.4M46.4M45.2M52.0M47.9M

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