AXT Balance Sheet Health
Financial Health criteria checks 3/6
AXT has a total shareholder equity of $263.1M and total debt of $57.4M, which brings its debt-to-equity ratio to 21.8%. Its total assets and total liabilities are $349.4M and $86.3M respectively.
Key information
21.8%
Debt to equity ratio
US$57.42m
Debt
| Interest coverage ratio | n/a |
| Cash | US$29.48m |
| Equity | US$263.11m |
| Total liabilities | US$86.30m |
| Total assets | US$349.41m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AHV's short term assets ($167.4M) exceed its short term liabilities ($74.6M).
Long Term Liabilities: AHV's short term assets ($167.4M) exceed its long term liabilities ($11.7M).
Debt to Equity History and Analysis
Debt Level: AHV's net debt to equity ratio (10.6%) is considered satisfactory.
Reducing Debt: AHV's debt to equity ratio has increased from 0% to 21.8% 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.