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AXT (AXTI) Scaled Net Operating Assets : 0.81 (As of Mar. 2024)


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What is AXT Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

AXT's operating assets for the quarter that ended in Mar. 2024 was $321.50 Mil. AXT's operating liabilities for the quarter that ended in Mar. 2024 was $32.15 Mil. AXT's Total Assets for the quarter that ended in Dec. 2023 was $358.70 Mil. Therefore, AXT's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.81.


AXT Scaled Net Operating Assets Historical Data

The historical data trend for AXT's Scaled Net Operating 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.

* Premium members only.

AXT Scaled Net Operating Assets Chart

AXT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 0.88 0.85 0.89 0.77

AXT Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.81 0.78 0.82 0.83 0.81

Competitive Comparison of AXT's Scaled Net Operating Assets

For the Semiconductor Equipment & Materials subindustry, AXT's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


AXT's Scaled Net Operating Assets Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, AXT's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where AXT's Scaled Net Operating Assets falls into.



AXT Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

AXT's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(318.809-33.825)/370.072
=0.77

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=358.701 - 39.892
=318.809

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=89.555 - 2.351 - 53.379
=33.825

AXT's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(321.504-32.151)/358.701
=0.81

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=348.964 - 27.46
=321.504

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=83.873 - 2.211 - 49.511
=32.151

* 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.


AXT Scaled Net Operating Assets Related Terms

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AXT (AXTI) Business Description

Industry
Traded in Other Exchanges
Address
4281 Technology Drive, Fremont, CA, USA, 94538
AXT Inc is a developer and producer of compound and single-element semiconductor substrates, also known as wafers. The dominant substrates used in producing semiconductor chips and other electronic circuits are made from silicon. It is engaged in the design, development, manufacture, and distribution of high-performance compound semiconductor substrates and the sale of materials. The company provides alternative or specialty materials in the form of substrates or wafers, including compound and single-element substrates. Its compound substrates combine indium with phosphorous or gallium with arsenic. Geographically firm has its business presence across the region of Europe, Japan, Taiwan, China, North America, and the Asia Pacific from which China derives its maximum revenue to the company.
Executives
Russell Christine director 17165 PINE STREET, LOS GATOS CA 95032
Gary L Fischer officer: Vice President, CFO & Corp Sec 4281 TECHNOLOGY DRIVE, FREMONT CA 94538
Morris S Young director, officer: Chief Executive Officer 4281 TECHNOLOGY DRIVE, FREMONT CA 94538
Jesse Chen director 18975 MONTE VISTA DR, SARATOGA CA 95070
David C Chang director C/O TIME WARNER CABLE INC., 60 COLUMBUS CIRCLE, 16TH FLOOR, NEW YORK NY 10023
Ni-pixel director 4699 OLD IRONSIDE DRIVE, SUITE 300, SANTA CLARA CA 95054
Robert G Ochrym officer: VP Business Development 4281 TECHNOLOGY DRIVE, FREMONT CA 94538
Wilson Weicheng Lin officer: Chief Operating Officer 4281 TECHNOLOGY DRIVE, FREMONT CA 94538
Leonard J Leblanc director
Davis Zhang officer: President, JV Operations AXT, INC 4281, TECHNOLOGY DRIVE, FREMONT CA 94538
Hong Q Hou officer: Chief Operating Officer
Nai-yu Pai director 2065 ACADIA CT, CUPERTINO CA 94014
Raymond Anthony Low officer: Chief Financial Officer 25 SHADOW TREE CT, DANVILLE CA 94506
John J Cerilli officer: VP Global Sales & Marketing 4281 TECHNOLOGY DRIVE, FREMONT CA 94538
Yin Philip C S officer: Chief Executive Officer 4281 TECHNOLOGY DRIVE, FREMONT CA 94538