AXT Current Ratio from 2010 to 2024

AXTI Stock  USD 2.04  0.02  0.99%   
AXT's Current Ratio is decreasing with slightly volatile movements from year to year. Current Ratio is predicted to flatten to 1.99. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
2.0924752
Current Value
1.99
Quarterly Volatility
2.41212175
 
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Yuan Drop
 
Covid
Check AXT financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AXT's main balance sheet or income statement drivers, such as Depreciation And Amortization of 5.7 M, Interest Expense of 1.6 M or Selling General Administrative of 17.8 M, as well as many indicators such as Price To Sales Ratio of 2.38, Dividend Yield of 0.0016 or PTB Ratio of 0.48. AXT financial statements analysis is a perfect complement when working with AXT Valuation or Volatility modules.
  
Check out the analysis of AXT Correlation against competitors.

Latest AXT's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of AXT Inc over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. AXT's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in AXT's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.49 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

AXT Current Ratio Regression Statistics

Arithmetic Mean5.48
Geometric Mean4.90
Coefficient Of Variation44.03
Mean Deviation2.09
Median6.22
Standard Deviation2.41
Sample Variance5.82
Range7.4838
R-Value(0.90)
Mean Square Error1.22
R-Squared0.81
Slope(0.48)
Total Sum of Squares81.46

AXT Current Ratio History

2024 1.99
2023 2.09
2022 2.44
2021 3.35
2020 4.21
2019 4.11
2018 4.48

About AXT Financial Statements

Investors use fundamental indicators, such as AXT's Current Ratio, to determine how well the company is positioned to perform in the future. Although AXT's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Current Ratio 2.09  1.99 

Currently Active Assets on Macroaxis

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 the analysis of AXT Correlation against competitors.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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.