AXT Inc (AXTI) — Capital Reinvestment Ratio
Latest as of December 2024:
0.13x
AXT Inc (AXTI) has a Capital Reinvestment Ratio of 0.13x as of December 2024, meaning it reinvests 0% of its operating cash flow ($1.27 Million) in capital expenditures ($167.00K). Check how tangible is AXT Inc's equity to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
0.13x
Capex / Operating Cash Flow
Operating Cash Flow
$1.27 Million
USD
Capital Expenditures
$167.00K
USD
Data as of
Dec 2024
Most recent filing
AXT Inc Capital Reinvestment Ratio (2000–2023)
This chart tracks AXT Inc's Capital Reinvestment Ratio across 18 annual periods. For the full cash flow conversion analysis, see AXT Inc cash flow conversion.
Annual Capital Reinvestment Ratio for AXT Inc (2000–2023)
Year-by-year Capital Reinvestment Ratio for AXT Inc from 2000 to 2023. See AXTI free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2023 | 3.08x | $3.40 Million | $10.47 Million | ▼ -9.1% |
| 2020 | 3.39x | $5.87 Million | $19.86 Million | ▲ +96.6% |
| 2019 | 1.72x | $12.66 Million | $21.79 Million | ▼ -86.3% |
| 2018 | 12.60x | $3.22 Million | $40.54 Million | ▲ +408.2% |
| 2017 | 2.48x | $8.62 Million | $21.36 Million | ▲ +1036.2% |
| 2016 | 0.22x | $12.50 Million | $2.73 Million | ▼ -90.1% |
| 2015 | 2.21x | $1.88 Million | $4.15 Million | ▲ +328.7% |
| 2014 | 0.52x | $3.82 Million | $1.97 Million | ▼ -76.2% |
| 2013 | 2.16x | $2.51 Million | $5.42 Million | ▲ +550.5% |
| 2012 | 0.33x | $21.30 Million | $7.08 Million | ▼ -54.0% |
| 2011 | 0.72x | $18.13 Million | $13.10 Million | ▲ +24.6% |
| 2010 | 0.58x | $11.01 Million | $6.39 Million | ▲ +37.9% |
| 2009 | 0.42x | $4.67 Million | $1.96 Million | ▼ -85.0% |
| 2007 | 2.81x | $1.32 Million | $3.71 Million | ▲ +709.2% |
| 2003 | 0.35x | $6.27 Million | $2.17 Million | ▼ -98.2% |
| 2002 | 19.64x | $725.00K | $14.24 Million | ▲ +1203.3% |
| 2001 | 1.51x | $17.14 Million | $25.83 Million | ▼ -78.8% |
| 2000 | 7.11x | $3.70 Million | $26.28 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow