AXT Short Long Term Debt vs Property Plant Equipment Analysis
AXTI Stock | USD 2.28 0.01 0.44% |
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 Short Long Term Debt and its Property Plant Equipment 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.
Short Long Term Debt vs Property Plant Equipment
Short Long Term Debt vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AXT Inc Short Long Term Debt account and Property Plant Equipment. At this time, the significance of the direction appears to have very strong relationship.
The correlation between AXT's Short Long Term Debt and Property Plant Equipment is 0.82. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Property Plant Equipment 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 Short Long Term Debt and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of AXT Inc are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Short Long Term Debt i.e., AXT's Short Long Term Debt and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.82 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Short Long Term Debt
The total of a company's short-term and long-term borrowings.Property Plant Equipment
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 |
AXT fundamental ratios Correlations
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AXT Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AXT fundamental ratios Accounts
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 | 237.0M | 230.4M | 231.6M | 235.3M | 270.6M | 235.2M | |
Long Term Investments | 6.0M | 5.7M | 9.6M | 2.1M | 12.5M | 6.6M | |
Non Current Liabilities Other | 3.1M | 672K | 2.5M | 3.7M | 5.6M | 5.9M |
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When determining whether AXT Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AXT's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Axt Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Axt Inc Stock: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. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Semiconductors & Semiconductor Equipment space 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 AXT. If investors know AXT 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 AXT 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 (0.57) | Earnings Share (0.23) | Revenue Per Share 2.201 | Quarterly Revenue Growth 0.362 | Return On Assets (0.02) |
The market value of AXT Inc is measured differently than its book value, which is the value of AXT that is recorded on the company's balance sheet. Investors also form their own opinion of AXT's value that differs from its market value or its book value, called intrinsic value, which is AXT'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 AXT's market value can be influenced by many factors that don't directly affect AXT'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 AXT's value and its price as these two are different measures arrived at by different means. Investors typically determine if AXT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AXT'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.