AXT Inc (AXTI) — Tangible Net Worth Ratio

Latest as of December 2025: 100.0%

AXT Inc (AXTI) has a Tangible Net Worth Ratio of 100.0% as of December 2025. This metric is calculated by deducting intangible assets ($0.00) from net assets ($334.63 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See AXTI working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

$334.63 Million
USD

Intangible Assets

$0.00
Goodwill, patents, brand value

Total Assets

$433.75 Million
USD

AXT Inc Tangible Net Worth Ratio (1998–2025)

This chart shows how AXT Inc's Tangible Net Worth Ratio has changed across 28 annual periods from 1998 to 2025. As of December 2025, the ratio stands at 100.0%, reflecting net assets of $334.63 Million with intangible assets of $0.00 USD. See AXTI defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for AXT Inc (1998–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for AXT Inc from 1998 to 2025, covering 28 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see AXT Inc market capitalisation.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 100.0% $334.63 Million $0.00 $433.75 Million ▲ +0.7 pp
2024 99.3% $254.91 Million $1.71 Million $339.31 Million ▲ +0.0 pp
2023 99.3% $269.15 Million $1.82 Million $358.70 Million ▼ 0.0 pp
2022 99.3% $289.75 Million $1.93 Million $370.07 Million ▲ +0.1 pp
2021 99.2% $280.23 Million $2.11 Million $332.44 Million ▼ -0.1 pp
2020 99.3% $255.53 Million $1.68 Million $298.86 Million ▼ -0.1 pp
2019 99.4% $192.76 Million $1.12 Million $223.35 Million ▼ 0.0 pp
2018 99.5% $194.53 Million $1.05 Million $223.52 Million ▲ +0.1 pp
2017 99.4% $188.32 Million $1.15 Million $211.20 Million ▼ -0.6 pp
2016 100.0% $140.29 Million $0.00 $154.25 Million ▲ +0.0 pp
2015 100.0% $137.56 Million $0.00 $151.90 Million ▲ +0.0 pp
2014 100.0% $144.69 Million $0.00 $161.52 Million ▲ +0.0 pp
2013 100.0% $145.55 Million $0.00 $163.82 Million ▲ +0.0 pp
2012 100.0% $150.91 Million $0.00 $167.59 Million ▲ +0.0 pp
2011 100.0% $147.05 Million $0.00 $162.49 Million ▲ +0.0 pp
2010 100.0% $119.80 Million $0.00 $140.25 Million ▲ +0.0 pp
2009 100.0% $97.25 Million $0.00 $107.95 Million ▲ +0.0 pp
2008 100.0% $93.66 Million $0.00 $111.66 Million ▲ +0.0 pp
2007 100.0% $93.25 Million $0.00 $112.77 Million ▲ +0.0 pp
2006 100.0% $81.20 Million $0.00 $98.33 Million ▲ +0.0 pp
2005 100.0% $55.62 Million $0.00 $74.80 Million ▲ +0.0 pp
2004 100.0% $68.02 Million $0.00 $87.54 Million ▲ +0.0 pp
2003 100.0% $82.30 Million $0.00 $107.02 Million ▲ +0.1 pp
2002 99.9% $105.66 Million $136.00K $145.67 Million ▲ +0.5 pp
2001 99.4% $186.32 Million $1.11 Million $235.26 Million ▼ -0.1 pp
2000 99.5% $185.35 Million $848.00K $250.22 Million ▲ +3.1 pp
1999 96.4% $62.46 Million $2.24 Million $115.76 Million ▼ -3.6 pp
1998 100.0% $51.20 Million $0.00 $75.00 Million
pp = percentage points