Axt Inc Financials
Axt Inc (AXTI) reported $88.3M in revenue for fiscal year 2025, down 11.1% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
A sales contraction has compressed margins, while 2025 liquidity was rebuilt mainly through external financing.
The 2025 balance-sheet improvement is financing-led, not operating-led: cash reached$120.3M while operating cash flow was-$12.8M . A$107.1M financing inflow alongside a share count of 55.2M shares points to external capital rebuilding liquidity rather than internally generated cash.
Revenue in 2025 was
Inventory was
Financial Health Signals
Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Axt Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Not available for Axt Inc, and counted as zero in the overall score.
Axt Inc scores 26.22, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($4.3B) relative to total liabilities ($99.1M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Axt Inc passes 2 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
Axt Inc reported a net loss of $21.3M while operations used $12.8M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Axt Inc reported an operating loss of $22.0M against $1.3M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Axt Inc generated $88.3M in revenue in fiscal year 2025. This represents a decrease of 11.1% from the prior year.
Axt Inc's EBITDA was -$12.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 120.9% from the prior year.
Axt Inc reported -$21.3M in net income in fiscal year 2025. This represents a decrease of 82.9% from the prior year.
Axt Inc earned -$0.49 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 81.5% from the prior year.
Cash & Balance Sheet
Axt Inc recorded an outflow of $18.8M in free cash flow in fiscal year 2025, representing a cash shortfall after capex. This represents a decrease of 5.0% from the prior year.
Axt Inc held $120.3M in cash as of fiscal year 2025; long-term debt is not reported for that period.
Not reported for fiscal year 2025.
Margins & Returns
Axt Inc's gross margin was 12.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 11.3 percentage points from the prior year.
Axt Inc's operating margin was -24.9% in fiscal year 2025, reflecting core business profitability. This is down 10.0 percentage points from the prior year.
Axt Inc's net profit margin was -24.1% in fiscal year 2025, showing the share of revenue converted to profit. This is down 12.4 percentage points from the prior year.
Axt Inc's ROE was -7.8% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 1.7 percentage points from the prior year.
Capital Allocation
Axt Inc invested $9.0M in research and development in fiscal year 2025. This represents a decrease of 37.8% from the prior year.
Axt Inc invested $6.0M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 3.9% from the prior year.
Not reported for fiscal year 2025.
AXTI Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $125.5M | $88.3M-11.1% | $99.4M+31.1% | $75.8M-46.3% | $141.1M+2.7% | $137.4M+44.1% | $95.4M+14.5% | $83.3M-18.7% | $102.4M+3.8% | $98.7M+21.3% | $81.3M+5.0% | $77.5M-7.2% | $83.5M-2.2% | $85.3M-3.4% | $88.4M-15.1% | $104.1M |
| Cost of Revenue | $85.1M | $77.1M+2.1% | $75.5M+20.9% | $62.5M-29.8% | $89.0M-1.1% | $90.0M+38.2% | $65.1M+11.4% | $58.4M-10.6% | $65.3M+1.8% | $64.2M+16.8% | $55.0M-9.4% | $60.7M-8.5% | $66.3M-9.8% | $73.5M+15.7% | $63.5M+7.0% | $59.3M |
| Gross Profit | $40.4M | $11.2M-52.8% | $23.8M+79.0% | $13.3M-74.4% | $52.1M+9.9% | $47.4M+56.6% | $30.3M+22.0% | $24.8M-33.0% | $37.0M+7.5% | $34.5M+30.7% | $26.4M+56.8% | $16.8M-2.0% | $17.2M+45.1% | $11.8M-52.4% | $24.9M-44.5% | $44.8M |
| R&D Expenses | $10.1M | $9.0M-37.8% | $14.5M+20.4% | $12.1M-13.2% | $13.9M+34.7% | $10.3M+44.8% | $7.1M+22.3% | $5.8M-1.1% | $5.9M+22.2% | $4.8M-17.5% | $5.8M+3.3% | $5.7M+36.7% | $4.1M+21.0% | $3.4M-1.3% | $3.5M+40.2% | $2.5M |
| SG&A Expenses | $26.4M | $24.2M+0.3% | $24.1M+5.7% | $22.8M-11.1% | $25.7M+6.1% | $24.2M+26.0% | $19.2M-0.5% | $19.3M+1.6% | $19.0M+11.7% | $17.0M+22.5% | $13.9M-13.6% | $16.1M+7.3% | $15.0M-6.8% | $16.1M+4.2% | $15.4M+3.9% | $14.8M |
| Operating Income | $3.9M | -$22.0M-48.5% | -$14.8M+31.4% | -$21.6M-271.8% | $12.6M-2.7% | $12.9M+227.3% | $3.9M+1354.8% | -$314K-102.6% | $12.1M-3.9% | $12.6M+96.7% | $6.4M+231.1% | -$4.9M-71.7% | -$2.9M+62.8% | -$7.7M-228.4% | $6.0M-78.3% | $27.5M |
| Interest Expense | N/A | $1.3M-6.2% | $1.3M-12.2% | $1.5M | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | $3.5M | $1.7M+46.2% | $1.1M+608.8% | $160K-92.7% | $2.2M+99.9% | $1.1M-46.2% | $2.0M+261.4% | $562K-40.1% | $938K+18.4% | $792K+8.0% | $733K+38.0% | $531K+147.0% | $215K+14.4% | $188K-78.0% | $853K-69.5% | $2.8M |
| Net Income | $4.1M | -$21.3M-82.9% | -$11.6M+35.0% | -$17.9M-213.1% | $15.8M+8.5% | $14.6M+350.1% | $3.2M+224.5% | -$2.6M-126.9% | $9.7M-4.9% | $10.1M+80.1% | $5.6M+353.0% | -$2.2M-60.5% | -$1.4M+82.6% | -$8.0M-355.9% | $3.1M-84.7% | $20.3M |
| EPS (Diluted) | — | -$0.49-81.5% | -$0.27+35.7% | -$0.42-213.5% | $0.37+8.8% | $0.34+385.7% | $0.07+200.0% | -$0.07-129.2% | $0.24-7.7% | $0.26+52.9% | $0.17+342.9% | -$0.07-40.0% | -$0.05+80.0% | -$0.25-377.8% | $0.09-85.2% | $0.61 |
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
AXTI Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $433.8M+27.8% | $339.3M-5.4% | $358.7M-3.1% | $370.1M+11.3% | $332.4M+11.2% | $298.9M+33.8% | $223.3M-0.1% | $223.5M+5.8% | $211.2M+36.9% | $154.2M+1.5% | $151.9M-6.0% | $161.5M-1.4% | $163.8M-2.2% | $167.6M+3.1% | $162.5M |
| Current Assets | $246.6M+55.8% | $158.3M-7.3% | $170.7M-7.0% | $183.5M+14.6% | $160.2M-2.6% | $164.5M+45.3% | $113.2M-11.9% | $128.5M-8.5% | $140.5M+31.0% | $107.3M+10.7% | $96.9M-6.1% | $103.2M+3.7% | $99.5M-6.5% | $106.5M+3.3% | $103.1M |
| Cash & Equivalents | $120.3M+426.7% | $22.8M-39.5% | $37.8M+8.0% | $34.9M-4.9% | $36.8M-49.4% | $72.6M+170.0% | $26.9M+62.7% | $16.5M-62.7% | $44.4M+22.7% | $36.2M+45.3% | $24.9M-13.7% | $28.8M+15.4% | $25.0M-18.5% | $30.6M+22.7% | $25.0M |
| Inventory | $81.7M-4.0% | $85.1M-1.6% | $86.5M-3.5% | $89.6M+36.0% | $65.9M+27.9% | $51.5M+4.8% | $49.2M-16.1% | $58.6M+27.8% | $45.8M+14.2% | $40.2M+5.6% | $38.0M-1.5% | $38.6M-1.4% | $39.1M-3.0% | $40.4M-12.3% | $46.0M |
| Accounts Receivable | $26.8M+4.7% | $25.6M+33.2% | $19.3M-34.2% | $29.3M-16.0% | $34.8M+41.9% | $24.6M+29.0% | $19.0M-2.8% | $19.6M-14.0% | $22.8M+57.6% | $14.5M-21.7% | $18.5M+3.4% | $17.9M+19.5% | $14.9M-16.6% | $17.9M-0.3% | $18.0M |
| Total Liabilities | $99.1M+17.4% | $84.4M-5.7% | $89.6M+11.5% | $80.3M-33.6% | $120.9M+13.8% | $106.2M+247.3% | $30.6M+5.5% | $29.0M+26.7% | $22.9M+35.8% | $16.9M+17.6% | $14.3M-14.8% | $16.8M-7.9% | $18.3M+9.6% | $16.7M+8.0% | $15.4M |
| Current Liabilities | $90.5M+22.1% | $74.2M-9.1% | $81.6M+8.3% | $75.3M+57.5% | $47.8M+22.4% | $39.1M+42.0% | $27.5M-4.1% | $28.7M+27.1% | $22.6M+41.6% | $16.0M+24.2% | $12.8M-13.1% | $14.8M-4.2% | $15.4M+17.8% | $13.1M+20.3% | $10.9M |
| Total Equity | $273.3M+41.8% | $192.8M-5.5% | $204.0M-8.0% | $221.6M+4.8% | $211.5M+9.8% | $192.6M+2.5% | $187.9M-1.5% | $190.8M+3.8% | $183.8M+38.2% | $133.0M+0.8% | $132.0M-4.6% | $138.3M-1.0% | $139.7M-2.7% | $143.6M+3.5% | $138.8M |
| Retained Earnings | -$64.9M-48.7% | -$43.7M-36.3% | -$32.0M-126.3% | -$14.2M+52.8% | -$30.0M+32.7% | -$44.5M+6.8% | -$47.8M-5.8% | -$45.2M+17.6% | -$54.8M+15.6% | -$65.0M+8.0% | -$70.6M-3.3% | -$68.4M-2.1% | -$67.0M-13.5% | -$59.0M+5.0% | -$62.2M |
Not reported in any period shown, so not listed: Goodwill, Long-Term Debt.
AXTI Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$5.8M | -$12.8M-5.5% | -$12.1M-455.9% | $3.4M+138.8% | -$8.8M-165.2% | -$3.3M-156.4% | $5.9M-53.7% | $12.7M+293.3% | $3.2M-62.6% | $8.6M-31.1% | $12.5M+565.8% | $1.9M-46.3% | $3.5M+39.4% | $2.5M-88.2% | $21.3M+17.5% | $18.1M |
| Capital Expenditures | $13.8M | $6.0M+3.9% | $5.8M-44.9% | $10.5M-63.2% | $28.5M-4.0% | $29.6M+49.3% | $19.9M-8.9% | $21.8M-46.2% | $40.5M+89.8% | $21.4M+682.8% | $2.7M-34.3% | $4.2M+110.6% | $2.0M-63.7% | $5.4M-23.4% | $7.1M-46.0% | $13.1M |
| Free Cash Flow | -$19.6M | -$18.8M-5.0% | -$17.9M-152.9% | -$7.1M+81.0% | -$37.2M-13.0% | -$33.0M-135.5% | -$14.0M-53.2% | -$9.1M+75.5% | -$37.3M-192.9% | -$12.7M-230.3% | $9.8M+530.3% | -$2.3M-248.9% | $1.5M+152.3% | -$2.9M-120.5% | $14.2M+182.8% | $5.0M |
| Investing Cash Flow | -$319.4M | -$6.8M-53.7% | -$4.4M-70.7% | -$2.6M+89.7% | -$25.2M+35.0% | -$38.8M-136.3% | -$16.4M-97.2% | -$8.3M+73.0% | -$30.8M+15.4% | -$36.5M-3175.7% | -$1.1M+55.2% | -$2.5M | N/A | -$6.2M+52.8% | -$13.2M+14.7% | -$15.4M |
| Financing Cash Flow | $729.9M | $107.1M+20080.4% | -$536K-106.2% | $8.6M-77.4% | $38.0M+564.3% | $5.7M-89.1% | $52.7M+751.3% | $6.2M+2804.2% | $213K-99.4% | $35.6M+2645.6% | $1.3M+158.1% | -$2.2M | N/A | -$2.5M+33.7% | -$3.8M-279.6% | -$999K |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $2.3M | $0-100.0% | $716K | $0 | $0 |
Not reported in any period shown, so not listed: Dividends Paid.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
AXTI Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 12.7%-11.3pp | 24.0%+6.4pp | 17.6%-19.4pp | 36.9%+2.4pp | 34.5%+2.8pp | 31.8%+1.9pp | 29.8%-6.4pp | 36.2%+1.2pp | 34.9%+2.5pp | 32.4%+10.7pp | 21.7%+1.1pp | 20.6%+6.7pp | 13.9%-14.3pp | 28.1%-14.9pp | 43.0% |
| Operating Margin | -24.9%-10.0pp | -14.9%+13.6pp | -28.5%-37.4pp | 8.9%-0.5pp | 9.4%+5.3pp | 4.1%+4.5pp | -0.4%-12.2pp | 11.9%-0.9pp | 12.8%+4.9pp | 7.9%+14.2pp | -6.3%-2.9pp | -3.4%+5.6pp | -9.0%-15.7pp | 6.8%-19.6pp | 26.4% |
| Net Margin | -24.1%-12.4pp | -11.7%+11.9pp | -23.6%-34.8pp | 11.2%+0.6pp | 10.6%+7.2pp | 3.4%+6.5pp | -3.1%-12.6pp | 9.4%-0.9pp | 10.3%+3.4pp | 6.9%+9.8pp | -2.9%-1.2pp | -1.7%+7.7pp | -9.3%-12.8pp | 3.5%-16.0pp | 19.5% |
| Return on Equity | -7.8%-1.7pp | -6.0%+2.7pp | -8.8%-15.9pp | 7.1%+0.2pp | 6.9%+5.2pp | 1.7%+3.1pp | -1.4%-6.4pp | 5.1%-0.5pp | 5.5%+1.3pp | 4.2%+5.9pp | -1.7%-0.7pp | -1.0%+4.7pp | -5.7%-7.9pp | 2.2%-12.5pp | 14.6% |
| Return on Assets | -4.9%-1.5pp | -3.4%+1.6pp | -5.0%-9.3pp | 4.3%-0.1pp | 4.4%+3.3pp | 1.1%+2.2pp | -1.2%-5.5pp | 4.3%-0.5pp | 4.8%+1.2pp | 3.6%+5.1pp | -1.5%-0.6pp | -0.9%+4.0pp | -4.9%-6.7pp | 1.9%-10.6pp | 12.5% |
| Current Ratio | 2.72+0.6x | 2.130.0x | 2.09-0.3x | 2.44-0.9x | 3.35-0.9x | 4.21+0.1x | 4.11-0.4x | 4.48-1.7x | 6.22-0.5x | 6.73-0.8x | 7.55+0.6x | 6.99+0.5x | 6.45-1.7x | 8.13-1.3x | 9.47 |
| Debt-to-Equity | 0.36-0.1x | 0.440.0x | 0.44+0.1x | 0.36-0.2x | 0.570.0x | 0.55+0.4x | 0.160.0x | 0.150.0x | 0.120.0x | 0.130.0x | 0.110.0x | 0.120.0x | 0.130.0x | 0.120.0x | 0.11 |
| FCF Margin | -21.3%-3.3pp | -18.0%-8.7pp | -9.3%+17.0pp | -26.4%-2.4pp | -24.0%-9.3pp | -14.7%-3.7pp | -11.0%+25.5pp | -36.4%-23.5pp | -12.9%-24.9pp | 12.0%+14.9pp | -2.9%-4.8pp | 1.8%+5.3pp | -3.4%-19.5pp | 16.1%+11.3pp | 4.8% |
Similar Companies
Where Axt Inc Ranks
Frequently Asked Questions
What is Axt Inc's annual revenue?
Axt Inc (AXTI) reported $88.3M in total revenue for fiscal year 2025. This represents a -11.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Axt Inc's revenue growing?
Axt Inc (AXTI) revenue declined by 11.1% year-over-year, from $99.4M to $88.3M in fiscal year 2025.
Is Axt Inc profitable?
No, Axt Inc (AXTI) reported a net income of -$21.3M in fiscal year 2025, with a net profit margin of -24.1%.
What is Axt Inc's EBITDA?
Axt Inc (AXTI) had EBITDA of -$12.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Axt Inc's gross margin?
Axt Inc (AXTI) had a gross margin of 12.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Axt Inc's operating margin?
Axt Inc (AXTI) had an operating margin of -24.9% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Axt Inc's net profit margin?
Axt Inc (AXTI) had a net profit margin of -24.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Axt Inc's return on equity (ROE)?
Axt Inc (AXTI) has a return on equity of -7.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Axt Inc's free cash flow?
Axt Inc (AXTI) recorded an outflow of $18.8M in free cash flow during fiscal year 2025. This represents a -5.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Axt Inc's operating cash flow?
Axt Inc (AXTI) recorded an outflow of $12.8M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Axt Inc's total assets?
Axt Inc (AXTI) had $433.8M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Axt Inc's capital expenditures?
Axt Inc (AXTI) invested $6.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Axt Inc spend on research and development?
Axt Inc (AXTI) invested $9.0M in research and development during fiscal year 2025.
What is Axt Inc's current ratio?
Axt Inc (AXTI) had a current ratio of 2.72 as of fiscal year 2025, which is generally considered healthy.
What is Axt Inc's debt-to-equity ratio?
Axt Inc (AXTI) had a debt-to-equity ratio of 0.36 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Axt Inc's return on assets (ROA)?
Axt Inc (AXTI) had a return on assets of -4.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Axt Inc's cash runway?
Based on fiscal year 2025 data, Axt Inc (AXTI) had $120.3M in cash against an annual operating cash burn of $12.8M. This gives an estimated cash runway of approximately 113 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Axt Inc's Altman Z-Score?
Axt Inc (AXTI) has an Altman Z-Score of 26.22, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Axt Inc's Piotroski F-Score?
Axt Inc (AXTI) has a Piotroski F-Score of 2 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Axt Inc's earnings high quality?
Axt Inc (AXTI) reported a net loss of $21.3M while operations used $12.8M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Axt Inc cover its interest payments?
Axt Inc (AXTI) reported an operating loss of $22.0M against $1.3M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Axt Inc?
Axt Inc (AXTI) scores 48 out of 100 on our Financial Health Score, indicating moderate standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.