AXT Inc (AXTI) — Cash Flow Quality Index
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 AXT Inc (AXTI) cash conversion ratio to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
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. Check AXT Inc (AXTI) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for AXT Inc (1998–2022)
Year-by-year earnings quality comparison for AXT Inc. For live market cap and the full company financial profile, see market cap of 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 | — |