AXT Long Term Investments vs Total Assets Analysis

AXTI Stock

USD 2.04 0.02 0.99%

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 Long Term Investments and its Total Assets 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.

Long Term Investments vs Total Assets

Long Term Investments vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AXT Inc Long Term Investments account and Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between AXT's Long Term Investments and Total Assets is -0.29. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Total Assets 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 Long Term Investments and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of AXT Inc are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Long Term Investments i.e., AXT's Long Term Investments and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.29

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Long Term Investments

Long Term Investments is an item on the asset side of AXT balance sheet that represents investments AXT Inc intends to hold for over a year. AXT Inc long term investments may include different instruments such as stocks, bonds, real estate and cash.

Total Assets

Total assets refers to the total amount of AXT assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in AXT Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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

AXT fundamental ratios Correlations

	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

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AXT Account Relationship Matchups

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:

How To Invest In AXT

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Is AXT Stock a good investment?

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What is AXT's Net Worth?

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Largest Semiconductors & Semiconductor Equipment Companies

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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 Commodity Directory module to find actively traded commodities issued by global exchanges.

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.

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AXT Long Term Investments vs Total Assets Analysis

Long Term Investments vs Total Assets

Long Term Investments vs Total Assets Correlation Analysis

Correlation Coefficient

Long Term Investments

Total Assets

AXT fundamental ratios Correlations

AXT Account Relationship Matchups

High Positive Relationship

High Negative Relationship

AXT fundamental ratios Accounts

Currently Active Assets on Macroaxis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

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

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