AXT Current Deferred Revenue vs Net Invested Capital Analysis
AXTI Stock | USD 3.23 0.02 0.62% |
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 Current Deferred Revenue and its Net Invested Capital 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 tightly coupled with the direction of predictive economic indicators such as signals in estimate.
Current Deferred Revenue vs Net Invested Capital
Current Deferred Revenue vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AXT Inc Current Deferred Revenue account and Net Invested Capital. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between AXT's Current Deferred Revenue and Net Invested Capital is -0.18. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Net Invested Capital 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 Current Deferred Revenue and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of AXT Inc are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Current Deferred Revenue i.e., AXT's Current Deferred Revenue and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | -0.18 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.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 tightly coupled with the direction of predictive economic indicators such as signals in estimate. The AXT's current Issuance Of Capital Stock is estimated to increase to 0.00, 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 |
AXT fundamental ratios Correlations
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AXT Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 | 15.6M | 16.1M | 17.8M | 18.3M | 9.4M | |
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 | 5.6M | 5.9M | |
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 | 50.1M | 31.2M | |
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 | 52.3M | 44.9M | |
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 | 15.6M | 17.3M | 14.0M | 12.6M | 7.4M | |
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 | 10.4M | 14.1M | 47.1M | 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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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 tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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Is AXT's industry 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 (0.39) | Revenue Per Share 1.849 | Quarterly Revenue Growth 0.169 | Return On Assets (0.04) |
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.