AXT Balance Sheet Health
Financial Health criteria checks 3/6
AXT has a total shareholder equity of $266.2M and total debt of $60.5M, which brings its debt-to-equity ratio to 22.7%. Its total assets and total liabilities are $355.6M and $89.4M respectively.
Key information
22.7%
Debt to equity ratio
US$60.45m
Debt
| Interest coverage ratio | n/a |
| Cash | US$24.90m |
| Equity | US$266.22m |
| Total liabilities | US$89.36m |
| Total assets | US$355.58m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AHV's short term assets ($167.9M) exceed its short term liabilities ($78.8M).
Long Term Liabilities: AHV's short term assets ($167.9M) exceed its long term liabilities ($10.6M).
Debt to Equity History and Analysis
Debt Level: AHV's net debt to equity ratio (13.4%) is considered satisfactory.
Reducing Debt: AHV's debt to equity ratio has increased from 2.9% to 22.7% over the past 5 years.
Debt Coverage: AHV's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if AHV's interest payments on its debt are well covered by EBIT.