AXT Balance Sheet
NASDAQ: AXTITechnologySemiconductorsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
AXT financial position
At the end of fiscal 2025, AXT reported total assets of $433.8 million, up 27.8% from a year earlier against total liabilities of $99.1 million. Shareholders' equity stood at $273.3 million, or 63.0% of assets. The company held $120.3 million in cash and equivalents against $62.8 million of debt, a net cash position of $57.5 million.
The current ratio (current assets divided by current liabilities) was 2.72, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.23.
Summary generated from market data by MetaCap's automated system. Methodology
AXT balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 120.27M | 22.83M | 37.75M | 34.95M | 36.76M | 72.60M | 26.89M | 16.53M | 44.35M | 36.15M |
| Short-Term Investments | 0 | — | 2.14M | 9.34M | 5.42M | 240.00K | 9.43M | 22.13M | 20.03M | 11.41M |
| Receivables | 26.85M | 25.64M | 19.26M | 29.25M | 34.84M | 24.56M | 19.03M | 19.59M | 22.78M | 14.45M |
| Inventory | 81.65M | 85.08M | 86.50M | 89.63M | 65.91M | 51.52M | 49.15M | 58.57M | 45.84M | 40.15M |
| Total Current Assets | 246.56M | 158.27M | 170.66M | 183.54M | 160.19M | 164.52M | 113.20M | 128.54M | 140.52M | 107.29M |
| Property, Plant & Equipment | 161.86M | 159.72M | 166.35M | 161.02M | 142.41M | 115.83M | 97.40M | 82.28M | 46.53M | 27.80M |
| Long-Term Investments | 0 | — | — | 2.12M | 9.58M | 5.73M | — | 717.00K | 12.58M | 6.16M |
| Total Assets | 433.75M | 339.31M | 358.70M | 370.07M | 332.44M | 298.86M | 223.35M | 223.52M | 211.20M | 154.25M |
| Accounts Payable | 12.95M | 12.36M | 9.62M | 10.08M | 16.65M | 12.67M | 10.10M | 13.34M | 11.45M | 6.69M |
| Short-Term Debt | 62.80M | 47.26M | 52.92M | 47.08M | 12.23M | — | — | — | — | — |
| Total Current Liabilities | 90.54M | 74.18M | 81.56M | 75.33M | 47.82M | 39.08M | 27.53M | 28.71M | 22.59M | 15.95M |
| Total Liabilities | 99.12M | 84.41M | 89.56M | 80.33M | 52.21M | 43.33M | 30.59M | 28.99M | 22.88M | 16.86M |
| Shareholders' Equity | 273.29M | 192.77M | 203.99M | 221.61M | 211.53M | 192.62M | 187.88M | 190.84M | 183.82M | 133.01M |
| Retained Earnings | -64.92M | -43.66M | -32.04M | -14.16M | -29.97M | -44.55M | -47.78M | -45.18M | -54.84M | -64.98M |
| Total Debt | 62.80M | 47.26M | 52.92M | 47.08M | 12.23M | — | — | — | — | — |
| Net Cash (Debt) | 57.47M | -24.43M | -13.03M | -2.79M | 29.95M | 72.84M | 36.32M | 38.66M | 64.38M | 47.57M |
| Shares Outstanding | 55.24M | 45.36M | 44.24M | 43.55M | 42.89M | 41.97M | 40.63M | 39.98M | 39.41M | 33.03M |
This table shows 10 annual periods of AXT's balance sheet, from FY 2025 back to FY 2016, across 17 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow AXTI's reporting calendar. What is a balance sheet?