AXT Balance Sheet Health
Financial Health criteria checks 3/6
AXT has a total shareholder equity of $269.1M and total debt of $55.0M, which brings its debt-to-equity ratio to 20.4%. Its total assets and total liabilities are $358.7M and $89.6M respectively.
Key information
20.4%
Debt to equity ratio
US$55.02m
Debt
| Interest coverage ratio | n/a |
| Cash | US$39.89m |
| Equity | US$269.15m |
| Total liabilities | US$89.56m |
| Total assets | US$358.70m |
Recent financial health updates
Is AXT (NASDAQ:AXTI) A Risky Investment?
Mar 29
Would AXT (NASDAQ:AXTI) Be Better Off With Less Debt?
Nov 06Here's Why AXT (NASDAQ:AXTI) Has A Meaningful Debt Burden
Jul 06Here's Why AXT (NASDAQ:AXTI) Can Manage Its Debt Responsibly
Feb 03AXT (NASDAQ:AXTI) Seems To Use Debt Quite Sensibly
Sep 02Here's Why AXT (NASDAQ:AXTI) Can Manage Its Debt Responsibly
Apr 12Recent updates
Little Excitement Around AXT, Inc.'s (NASDAQ:AXTI) Revenues As Shares Take 34% Pounding
Apr 06AXT: Selloff Provides Buying Opportunity
Apr 05Is AXT (NASDAQ:AXTI) A Risky Investment?
Mar 29AXT, Inc. (NASDAQ:AXTI) Surges 25% Yet Its Low P/S Is No Reason For Excitement
Dec 23Would AXT (NASDAQ:AXTI) Be Better Off With Less Debt?
Nov 06Here's Why AXT (NASDAQ:AXTI) Has A Meaningful Debt Burden
Jul 06AXT, Inc. (NASDAQ:AXTI) Analysts Just Slashed This Year's Revenue Estimates By 12%
May 03There Are Reasons To Feel Uneasy About AXT's (NASDAQ:AXTI) Returns On Capital
Apr 20AXT, Inc. (NASDAQ:AXTI) Analysts Are Reducing Their Forecasts For This Year
Feb 21Here's Why AXT (NASDAQ:AXTI) Can Manage Its Debt Responsibly
Feb 03Return Trends At AXT (NASDAQ:AXTI) Aren't Appealing
Jan 08AXT: Short-Term Opportunity Not Worth Betting On
Oct 10AXT stock tumbles 15% after the bell on preliminary revenue miss amid macro woes
Oct 03AXT (NASDAQ:AXTI) Seems To Use Debt Quite Sensibly
Sep 02AXT jumps 22% after Q2 shows a bottom line beat
Jul 29AXT: Dual Listing 163% Arbitrage Spread
Jul 15Returns At AXT (NASDAQ:AXTI) Appear To Be Weighed Down
May 30Here's Why AXT (NASDAQ:AXTI) Can Manage Its Debt Responsibly
Apr 12Do AXT's (NASDAQ:AXTI) Earnings Warrant Your Attention?
Mar 22AXT (NASDAQ:AXTI) Might Have The Makings Of A Multi-Bagger
Jan 20We Think AXT (NASDAQ:AXTI) Can Stay On Top Of Its Debt
Nov 05AXT, Inc. (NASDAQ:AXTI) Shares Could Be 26% Below Their Intrinsic Value Estimate
Sep 14These 4 Measures Indicate That AXT (NASDAQ:AXTI) Is Using Debt Reasonably Well
Jul 20AXT rises 3% as Northland looks to product news from Apple conference
Jun 02Shareholders Will Be Pleased With The Quality of AXT's (NASDAQ:AXTI) Earnings
May 21Most Shareholders Will Probably Agree With AXT, Inc.'s (NASDAQ:AXTI) CEO Compensation
May 14AXT (NASDAQ:AXTI) Is Experiencing Growth In Returns On Capital
Apr 28AXT, Inc. (NASDAQ:AXTI) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?
Mar 13Financial Position Analysis
Short Term Liabilities: AXTI's short term assets ($170.7M) exceed its short term liabilities ($81.6M).
Long Term Liabilities: AXTI's short term assets ($170.7M) exceed its long term liabilities ($8.0M).
Debt to Equity History and Analysis
Debt Level: AXTI's net debt to equity ratio (5.6%) is considered satisfactory.
Reducing Debt: AXTI's debt to equity ratio has increased from 0% to 20.4% over the past 5 years.
Debt Coverage: AXTI's debt is not well covered by operating cash flow (6.2%).
Interest Coverage: Insufficient data to determine if AXTI's interest payments on its debt are well covered by EBIT.