AXT Inc (AXTI) - Cash Flow Conversion Efficiency
Based on the latest financial reports, AXT Inc (AXTI) has a cash flow conversion efficiency ratio of -0.038x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-9.15 Million) by net assets ($240.46 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See how many days can AXT Inc fund operations to measure how many days the company can operate on defensive assets alone.
AXT Inc - Cash Flow Conversion Efficiency Trend (1998–2024)
This chart illustrates how AXT Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data.
AXT Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of AXT Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Joincare Pharmaceutical Group Industry Co Ltd
SHG:600380
|
0.044x |
|
ZIP Co Ltd
AU:ZIP
|
-0.205x |
|
SCG PACKAGING -NVDR- BA1
F:5Y7
|
0.039x |
|
Vista Energy S.A.B. de C.V.
BA:VIST
|
0.033x |
|
Xizi Clean Energy Equipment Manufacturing Co Ltd
SHE:002534
|
0.028x |
|
People.Cn Co Ltd
SHG:603000
|
0.020x |
|
K+S Aktiengesellschaft
F:SDF1
|
0.030x |
|
Olin Corporation
NYSE:OLN
|
0.160x |
Annual Cash Flow Conversion Efficiency for AXT Inc (1998–2024)
The table below shows the annual cash flow conversion efficiency of AXT Inc from 1998 to 2024. For the full company profile with market capitalisation and key ratios, see how much is AXT Inc worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $254.91 Million | $-12.11 Million | -0.048x | -475.80% |
| 2023-12-31 | $269.15 Million | $3.40 Million | 0.013x | +141.80% |
| 2022-12-31 | $289.75 Million | $-8.77 Million | -0.030x | -156.50% |
| 2021-12-31 | $280.23 Million | $-3.31 Million | -0.012x | -151.38% |
| 2020-12-31 | $255.53 Million | $5.87 Million | 0.023x | -65.05% |
| 2019-12-31 | $192.76 Million | $12.66 Million | 0.066x | +296.96% |
| 2018-12-31 | $194.53 Million | $3.22 Million | 0.017x | -63.84% |
| 2017-12-31 | $188.32 Million | $8.62 Million | 0.046x | -48.67% |
| 2016-12-31 | $140.29 Million | $12.50 Million | 0.089x | +552.86% |
| 2015-12-31 | $137.56 Million | $1.88 Million | 0.014x | -48.34% |
| 2014-12-31 | $144.69 Million | $3.82 Million | 0.026x | +53.32% |
| 2013-12-31 | $145.55 Million | $2.51 Million | 0.017x | -87.79% |
| 2012-12-31 | $150.91 Million | $21.30 Million | 0.141x | +14.47% |
| 2011-12-31 | $147.05 Million | $18.13 Million | 0.123x | +34.19% |
| 2010-12-31 | $119.80 Million | $11.01 Million | 0.092x | +91.57% |
| 2009-12-31 | $97.25 Million | $4.67 Million | 0.048x | +178.59% |
| 2008-12-31 | $93.66 Million | $-5.72 Million | -0.061x | -531.19% |
| 2007-12-31 | $93.25 Million | $1.32 Million | 0.014x | +111.20% |
| 2006-12-31 | $81.20 Million | $-10.26 Million | -0.126x | +9.25% |
| 2005-12-31 | $55.62 Million | $-7.75 Million | -0.139x | -2686.13% |
| 2004-12-31 | $68.02 Million | $-340.00K | -0.005x | -106.56% |
| 2003-12-31 | $82.30 Million | $6.27 Million | 0.076x | +1010.12% |
| 2002-12-31 | $105.66 Million | $725.00K | 0.007x | -92.54% |
| 2001-12-31 | $186.32 Million | $17.14 Million | 0.092x | +361.43% |
| 2000-12-31 | $185.35 Million | $3.70 Million | 0.020x | +115.88% |
| 1999-12-31 | $62.46 Million | $-7.84 Million | -0.126x | -2.06% |
| 1998-12-31 | $51.20 Million | $-6.30 Million | -0.123x | -- |
About AXT Inc
AXT, Inc. designs, develops, manufactures, and distributes compound and single element semiconductor substrates. The company offers indium phosphide for use in data center connectivity using light/lasers, high-speed data transfer in data centers, 5G communications, fiber optic lasers and detectors, consumer devices, passive optical networks, silicon photonics, photonic integrated circuits, thermo… Read more