AXT Inc Net Debt vs Total Cash From Operating Activities

AXTI Stock

USD 2.17 0.03 1.36%

AXT financial indicator trend analysis is way more than just evaluating AXT Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AXT Inc is a good investment. Please check the relationship between AXT Net Debt and its Total Cash From Operating Activities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AXT Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AXT Inc Net Debt account and Total Cash From Operating Activities. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between AXT's Net Debt and Total Cash From Operating Activities is -0.47. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Cash From Operating Activities in the same time period over historical financial statements of AXT Inc, assuming nothing else is changed. The correlation between historical values of AXT's Net Debt and Total Cash From Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of AXT Inc are associated (or correlated) with its Total Cash From Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Cash From Operating Activities has no effect on the direction of Net Debt i.e., AXT's Net Debt and Total Cash From Operating Activities go up and down completely randomly.

Correlation Coefficient

-0.47

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Most indicators from AXT's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AXT Inc 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 AXT Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Issuance Of Capital Stock is expected to grow at the current pace this year, while Selling General Administrative is projected to decrease to under 17.8 M.

	2021	2022	2023	2024 (projected)
Gross Profit	47.4M	52.1M	13.3M	26.2M
Total Revenue	137.4M	141.1M	75.8M	89.1M

Gross Profit Total Revenue

	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	Accounts Payable	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	Non Currrent Assets Other	Common Stock Total Equity	Intangible Assets	Common Stock
Total Assets		0.53	0.97	0.76	0.91	0.82	0.23	0.23	0.72	0.51	0.85	0.44	0.8	0.87	-0.1	0.94	0.87	0.71	0.71	0.71	0.96	0.63	0.01	0.87	0.57	0.87
Short Long Term Debt Total	0.53		0.49	0.93	0.29	0.82	0.82	0.52	0.11	0.1	0.8	0.01	0.19	0.25	0.4	0.6	0.65	0.11	0.95	0.89	0.46	0.98	-0.5	0.32	0.49	0.32
Other Current Liab	0.97	0.49		0.73	0.93	0.81	0.22	0.17	0.77	0.45	0.82	0.43	0.72	0.9	-0.17	0.92	0.8	0.76	0.68	0.72	0.93	0.59	-0.05	0.88	0.54	0.88
Total Current Liabilities	0.76	0.93	0.73		0.6	0.96	0.66	0.41	0.42	0.28	0.96	0.23	0.48	0.56	0.18	0.77	0.84	0.41	0.99	0.98	0.71	0.97	-0.38	0.63	0.55	0.64
Total Stockholder Equity	0.91	0.29	0.93	0.6		0.68	0.01	-0.07	0.8	0.47	0.72	0.56	0.82	0.99	-0.46	0.85	0.7	0.91	0.5	0.56	0.94	0.42	0.19	0.97	0.33	0.97
Property Plant And Equipment Net	0.82	0.82	0.81	0.96	0.68		0.56	0.44	0.57	0.34	0.99	0.25	0.59	0.64	0.17	0.78	0.91	0.47	0.95	0.97	0.75	0.88	-0.37	0.72	0.64	0.73
Net Debt	0.23	0.82	0.22	0.66	0.01	0.56		0.6	-0.14	-0.47	0.53	-0.54	-0.06	-0.05	0.54	0.42	0.31	-0.18	0.72	0.64	0.08	0.76	-0.46	-0.01	0.39	0.0
Retained Earnings	0.23	0.52	0.17	0.41	-0.07	0.44	0.6		0.08	-0.09	0.36	-0.31	0.06	-0.2	0.83	0.22	0.41	-0.46	0.51	0.4	0.07	0.45	-0.61	-0.09	0.87	-0.08
Accounts Payable	0.72	0.11	0.77	0.42	0.8	0.57	-0.14	0.08		0.43	0.58	0.54	0.76	0.78	-0.35	0.55	0.65	0.66	0.35	0.42	0.73	0.18	0.03	0.8	0.5	0.81
Cash	0.51	0.1	0.45	0.28	0.47	0.34	-0.47	-0.09	0.43		0.36	0.88	0.47	0.49	-0.17	0.27	0.54	0.44	0.24	0.27	0.62	0.18	-0.02	0.53	0.25	0.52
Non Current Assets Total	0.85	0.8	0.82	0.96	0.72	0.99	0.53	0.36	0.58	0.36		0.29	0.65	0.69	0.09	0.8	0.92	0.53	0.94	0.96	0.79	0.88	-0.28	0.76	0.58	0.77
Cash And Short Term Investments	0.44	0.01	0.43	0.23	0.56	0.25	-0.54	-0.31	0.54	0.88	0.29		0.48	0.6	-0.52	0.25	0.41	0.62	0.15	0.19	0.63	0.09	0.13	0.63	0.06	0.62
Net Receivables	0.8	0.19	0.72	0.48	0.82	0.59	-0.06	0.06	0.76	0.47	0.65	0.48		0.78	-0.3	0.67	0.76	0.66	0.41	0.42	0.81	0.31	0.32	0.81	0.4	0.82
Common Stock Shares Outstanding	0.87	0.25	0.9	0.56	0.99	0.64	-0.05	-0.2	0.78	0.49	0.69	0.6	0.78		-0.55	0.81	0.65	0.96	0.46	0.53	0.92	0.39	0.22	0.97	0.22	0.97
Non Current Liabilities Total	-0.1	0.4	-0.17	0.18	-0.46	0.17	0.54	0.83	-0.35	-0.17	0.09	-0.52	-0.3	-0.55		-0.1	0.12	-0.74	0.32	0.23	-0.28	0.31	-0.66	-0.48	0.57	-0.47
Inventory	0.94	0.6	0.92	0.77	0.85	0.78	0.42	0.22	0.55	0.27	0.8	0.25	0.67	0.81	-0.1		0.76	0.67	0.72	0.7	0.9	0.69	0.05	0.78	0.47	0.78
Other Current Assets	0.87	0.65	0.8	0.84	0.7	0.91	0.31	0.41	0.65	0.54	0.92	0.41	0.76	0.65	0.12	0.76		0.46	0.82	0.81	0.83	0.73	-0.14	0.73	0.65	0.74
Other Stockholder Equity	0.71	0.11	0.76	0.41	0.91	0.47	-0.18	-0.46	0.66	0.44	0.53	0.62	0.66	0.96	-0.74	0.67	0.46		0.29	0.39	0.8	0.25	0.35	0.91	-0.05	0.91
Total Liab	0.71	0.95	0.68	0.99	0.5	0.95	0.72	0.51	0.35	0.24	0.94	0.15	0.41	0.46	0.32	0.72	0.82	0.29		0.97	0.64	0.98	-0.47	0.54	0.6	0.54
Property Plant And Equipment Gross	0.71	0.89	0.72	0.98	0.56	0.97	0.64	0.4	0.42	0.27	0.96	0.19	0.42	0.53	0.23	0.7	0.81	0.39	0.97		0.64	0.94	-0.49	0.6	0.55	0.61
Total Current Assets	0.96	0.46	0.93	0.71	0.94	0.75	0.08	0.07	0.73	0.62	0.79	0.63	0.81	0.92	-0.28	0.9	0.83	0.8	0.64	0.64		0.57	0.1	0.91	0.45	0.91
Short Term Debt	0.63	0.98	0.59	0.97	0.42	0.88	0.76	0.45	0.18	0.18	0.88	0.09	0.31	0.39	0.31	0.69	0.73	0.25	0.98	0.94	0.57		-0.42	0.45	0.48	0.46
Non Currrent Assets Other	0.01	-0.5	-0.05	-0.38	0.19	-0.37	-0.46	-0.61	0.03	-0.02	-0.28	0.13	0.32	0.22	-0.66	0.05	-0.14	0.35	-0.47	-0.49	0.1	-0.42		0.14	-0.56	0.14
Common Stock Total Equity	0.87	0.32	0.88	0.63	0.97	0.72	-0.01	-0.09	0.8	0.53	0.76	0.63	0.81	0.97	-0.48	0.78	0.73	0.91	0.54	0.6	0.91	0.45	0.14		0.32	1.0
Intangible Assets	0.57	0.49	0.54	0.55	0.33	0.64	0.39	0.87	0.5	0.25	0.58	0.06	0.4	0.22	0.57	0.47	0.65	-0.05	0.6	0.55	0.45	0.48	-0.56	0.32		0.33
Common Stock	0.87	0.32	0.88	0.64	0.97	0.73	0.0	-0.08	0.81	0.52	0.77	0.62	0.82	0.97	-0.47	0.78	0.74	0.91	0.54	0.61	0.91	0.46	0.14	1.0	0.33

Click cells to compare fundamentals

High Positive Relationship

Common Stock	+ 1.0	Common Stock Total Equity
Total Liab	+ 0.99	Total Current Liabilities
Common Stock Shares Outstanding	+ 0.99	Total Stockholder Equity
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Short Term Debt	+ 0.98	Short Long Term Debt Total
Property Plant And Equipment Gross	+ 0.98	Total Current Liabilities

High Negative Relationship

Other Stockholder Equity	- 0.74	Non Current Liabilities Total
Non Currrent Assets Other	- 0.66	Non Current Liabilities Total
Non Currrent Assets Other	- 0.61	Retained Earnings
Intangible Assets	- 0.56	Non Currrent Assets Other
Non Current Liabilities Total	- 0.55	Common Stock Shares Outstanding
Cash And Short Term Investments	- 0.54	Net Debt

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2024 Macroaxis LLC

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	223.3M	298.9M	332.4M	370.1M	358.7M	196.4M
Other Current Liab	11.3M	14.1M	14.7M	15.7M	17.8M	9.1M
Total Current Liabilities	27.5M	39.1M	47.8M	75.3M	81.6M	85.6M
Total Stockholder Equity	187.9M	192.6M	211.5M	221.6M	204.0M	147.9M
Property Plant And Equipment Net	100.3M	118.5M	144.7M	162.8M	169.1M	177.6M
Net Debt	(18.5M)	(59.8M)	(20.7M)	13.5M	18.0M	18.9M
Retained Earnings	(47.8M)	(44.5M)	(30.0M)	(14.2M)	(32.0M)	(33.6M)
Accounts Payable	10.1M	12.7M	16.6M	10.1M	9.6M	8.0M
Cash	26.9M	72.6M	36.8M	34.9M	37.8M	30.7M
Non Current Assets Total	110.1M	134.3M	172.3M	186.5M	188.0M	197.4M
Cash And Short Term Investments	36.3M	72.8M	42.2M	44.3M	39.9M	44.4M
Net Receivables	19.0M	24.6M	34.8M	29.3M	19.3M	18.9M
Common Stock Shares Outstanding	39.5M	41.0M	42.7M	42.7M	42.6M	34.0M
Liabilities And Stockholders Equity	223.3M	298.9M	332.4M	370.1M	358.7M	196.4M
Non Current Liabilities Total	3.1M	4.3M	4.4M	5M	8.0M	6.3M
Inventory	49.2M	51.5M	65.9M	89.6M	86.5M	46.2M
Other Current Assets	8.7M	31.2M	34.5M	34.4M	25.0M	26.3M
Other Stockholder Equity	237.0M	230.4M	231.6M	235.3M	238.5M	192.7M
Total Liab	30.6M	43.3M	52.2M	80.3M	89.6M	94.0M
Property Plant And Equipment Gross	100.3M	118.5M	144.7M	162.8M	240.6M	252.6M
Total Current Assets	113.2M	164.5M	160.2M	183.5M	170.7M	118.2M
Accumulated Other Comprehensive Income	(4.9M)	3.2M	6.3M	(3.1M)	(6.0M)	(5.7M)
Short Term Debt	5.7M	10.9M	14.6M	47.6M	53.4M	56.0M
Non Currrent Assets Other	8.7M	10.1M	13.5M	17.5M	2.9M	2.8M
Common Stock Total Equity	41K	42K	43K	44K	39.6K	37.6K
Intangible Assets	1.1M	1.7M	2.1M	1.9M	1.8M	982.9K
Common Stock	41K	42K	43K	44K	39.6K	37.6K
Other Liab	366K	1.9M	2.5M	3.7M	4.2M	2.3M
Other Assets	2.7M	18.5M	17.9M	5.1M	4.6M	5.4M
Short Term Investments	9.4M	240K	5.4M	9.3M	2.1M	2.0M
Property Plant Equipment	97.4M	118.5M	144.7M	161.0M	185.2M	194.4M
Current Deferred Revenue	396K	374K	946K	338K	305K	289.8K
Net Tangible Assets	184.4M	187.4M	208.0M	262.9M	302.4M	184.6M
Noncontrolling Interest In Consolidated Entity	4.9M	15.4M	18.3M	23.3M	26.8M	28.1M
Retained Earnings Total Equity	(47.8M)	(44.5M)	(30.0M)	(14.2M)	(16.3M)	(17.1M)
Capital Surpluse

AXT Net Debt vs Total Cash From Operating Activities Analysis

Net Debt vs Total Cash From Operating Activities

Net Debt vs Total Cash From Operating Activities Correlation Analysis

Correlation Coefficient

Net Debt

Total Cash From Operating Activities

AXT fundamental ratios Correlations

AXT Account Relationship Matchups

High Positive Relationship

High Negative Relationship

AXT fundamental ratios Accounts

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