Axcelis Technologies's Total Assets for the quarter that ended in Dec. 2023 was $1,282 Mil.
During the past 12 months, Axcelis Technologies's average Total Assets Growth Rate was 33.40% per year.
During the past 3 years, the average Total Assets Growth Rate was 22.60% per year.
During the past 5 years, the average Total Assets Growth Rate was 14.80% per year.
During the past 10 years, the average Total Assets Growth Rate was 14.80% per year.
During the past 13 years, Axcelis Technologies's highest 3-Year average Total Assets Growth Rate was 22.60%. The lowest was -28.00%. And the median was 4.90%.
Total Assets is connected with ROA %. Axcelis Technologies's annualizedROA % for the quarter that ended in Dec. 2023 was 22.89%. Total Assets is also linked to Revenue through Asset Turnover. Axcelis Technologies's Asset Turnover for the quarter that ended in Dec. 2023 was 0.25.
Axcelis Technologies Total Assets Historical Data
The historical data trend for Axcelis Technologies's Total Assets can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Axcelis Technologies's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Axcelis Technologies (NAS:ACLS) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Dec. 2023) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Axcelis Technologies's Asset Turnover for the quarter that ended in Dec. 2023 is
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Axcelis Technologies Total Assets Related Terms
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Axcelis Technologies (Axcelis Technologies) Business Description
Axcelis Technologies Inc designs, manufactures and services ion implantation and other processing equipment used in the fabrication of semiconductor chips. In addition to equipment, the company provide aftermarket lifecycle products and services, including used tools, spare parts, equipment upgrades, maintenance services and customer training. Geographically, the group has a business presence in North America, Asia Pacific and Europe, of which key revenue is derived from the Asia Pacific.
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