AXT Quick Ratio from 2010 to 2024

AXTI Stock  USD 2.04  0.02  0.99%   
AXT's Quick Ratio is decreasing with slightly volatile movements from year to year. Quick Ratio is predicted to flatten to 0.98. Quick Ratio is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. View All Fundamentals
 
Quick Ratio  
First Reported
2010-12-31
Previous Quarter
1.0318305
Current Value
0.98
Quarterly Volatility
1.52993873
 
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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 Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of AXT Inc over the last few years. It is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. AXT's Quick 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.
Quick Ratio10 Years Trend
Slightly volatile
   Quick Ratio   
       Timeline  

AXT Quick Ratio Regression Statistics

Arithmetic Mean3.28
Geometric Mean2.86
Coefficient Of Variation46.72
Mean Deviation1.34
Median3.73
Standard Deviation1.53
Sample Variance2.34
Range4.2659
R-Value(0.87)
Mean Square Error0.63
R-Squared0.75
Significance0.000029
Slope(0.30)
Total Sum of Squares32.77

AXT Quick Ratio History

2024 0.98
2023 1.03
2022 1.25
2021 1.97
2020 2.89
2019 2.33
2018 2.44

About AXT Financial Statements

Investors use fundamental indicators, such as AXT's Quick 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
Quick Ratio 1.03  0.98 

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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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.