AXT Inc (AXTI) — Cash Flow Quality Index
Latest as of December 2022:
0.36x
AXT Inc (AXTI) has a Cash Flow Quality Index of 0.36x as of December 2022. Operating cash flow of $536.00K is below net income of $1.50 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore how well can AXT Inc service its debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
0.36x
Operating CF / Net Income
Operating Cash Flow
$536.00K
USD
Net Income
$1.50 Million
USD
Data as of
Dec 2022
Most recent filing
AXT Inc Cash Flow Quality Index (1998–2022)
Historical Cash Flow Quality Index for AXT Inc across 14 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see AXTI operating cash flow.
Annual Cash Flow Quality Index for AXT Inc (1998–2022)
Year-by-year earnings quality comparison for AXT Inc.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2022 | -0.47x | $-8.77 Million | $18.74 Million | ▼ -133.6% |
| 2021 | -0.20x | $-3.31 Million | $16.51 Million | ▼ -117.2% |
| 2020 | 1.16x | $5.87 Million | $5.04 Million | ▲ +298.0% |
| 2018 | 0.29x | $3.22 Million | $11.01 Million | ▼ -65.9% |
| 2017 | 0.86x | $8.62 Million | $10.06 Million | ▼ -66.0% |
| 2016 | 2.52x | $12.50 Million | $4.97 Million | ▼ -27.3% |
| 2012 | 3.46x | $21.30 Million | $6.15 Million | ▲ +393.3% |
| 2011 | 0.70x | $18.13 Million | $25.82 Million | ▲ +30.0% |
| 2010 | 0.54x | $11.01 Million | $20.38 Million | ▲ +116.5% |
| 2007 | 0.25x | $1.32 Million | $5.29 Million | ▲ +102.3% |
| 2006 | -10.87x | $-10.26 Million | $944.00K | ▼ -6456.6% |
| 2000 | 0.17x | $3.70 Million | $21.61 Million | ▲ +101.5% |
| 1999 | -11.54x | $-7.84 Million | $680.00K | ▼ -1053.5% |
| 1998 | -1.00x | $-6.30 Million | $6.30 Million | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.