Axcelis Technologies (Axcelis Technologies) LT-Debt-to-Total-Asset : 0.03 (As of Dec. 2023)

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What is Axcelis Technologies LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Axcelis Technologies's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.03.

Axcelis Technologies's long-term debt to total assets ratio declined from Dec. 2022 (0.05) to Dec. 2023 (0.03). It may suggest that Axcelis Technologies is progressively becoming less dependent on debt to grow their business.

Axcelis Technologies LT-Debt-to-Total-Asset Historical Data

The historical data trend for Axcelis Technologies's LT-Debt-to-Total-Asset 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.

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Axcelis Technologies LT-Debt-to-Total-Asset Chart

Axcelis Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.09

0.08

0.06

0.05

0.03

Axcelis Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.05	0.04	0.04	0.04	0.03

Axcelis Technologies LT-Debt-to-Total-Asset Calculation

Axcelis Technologies's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	43.674	/	1281.967
	=	0.03

Axcelis Technologies's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	43.674	/	1281.967
	=	0.03

Axcelis Technologies (NAS:ACLS) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Axcelis Technologies LT-Debt-to-Total-Asset Related Terms

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Axcelis Technologies (Axcelis Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Axcelis Technologies Inc (NAS:ACLS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

XXA1:Germany XXA1:Germany

Address

108 Cherry Hill Drive, Beverly, MA, USA, 01915

Website

https://www.axcelis.com

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.

Executives

Joseph P Keithley	director	NORDSON CORP, 28601 CLEMENS RD, WESTLAKE OH 44145
James Gordon Coogan	officer: EVP and CFO	C/O KAMAN CORPORATION, PO BOX 1, BLOOMFIELD CT 06002
Greg Redinbo	officer: EVP Marketing and Applications	AXCELIS TECHNOLOGIES, INC., 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Jorge Titinger	director	7005 SOUTHFRONT ROAD, LIVERMORE CA 94551
Lynnette C Fallon	officer: Senior VP, HR/Legal	108 CHERRY HILL DRIVE, BEVERLY MA 01915
Russell Low	officer: EVP, Engineering	108 CHERRY HILL DRIVE, BEVERLY MA 01915
Christopher Tatnall	officer: EVP Global Customer Operations	AXCELIS TECHNOLOGIES INC., 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Douglas A. Lawson	officer: EVP, Corporate Mktg & Strategy	21 VILLAGE VIEW ROAD, WESTFORD MA 01886
Gerald M Blumenstock	officer: EVP, Engineering	AXCELIS TECHNOLOGIES, INC., 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Jeanne Quirk	director	AXCELIS TECHNOLOGIES, INC., 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Mary G Puma	officer: President and CEO	AXCELIS TECHNOLOGIES INC., 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Kevin J Brewer	officer: VP, Manufacturing Operations	AXCELIS TECHNOLOGIES, INC., 108 CHERRY HILL DRIVE, BEVERLY MA 01938
John T Kurtzweil	director	C/O CIRRUS LOGIC, INC., 2901 VIA FORTUNA, AUSTIN TX 78746
Tzu Yin Chiu	director	108 CHERRY HILL DRIVE, BEVERLY MA 01915
Dennis Thomas St	director	C/O FORMFACTOR, INC., 7005 SOUTHFRONT ROAD, LIVERMORE CA 94551