AXT Inc Working Capital to Net Assets Ratio
AXT Inc working capital to net assets ratio. AXT Inc (AXTI) has a Working Capital to Net Assets ratio of 46.6% as of December 2025. Working capital of $156.01 Million (current assets of $246.56 Million minus current liabilities of $90.54 Million) is measured against net assets of $334.63 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check AXT Inc (AXTI) tangible net worth to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of AXT Inc (1998–2025)
Working capital to net assets ratio of AXT Inc from 1998 to 2025. This chart shows how AXT Inc's Working Capital to Net Assets ratio has evolved across 28 annual periods from 1998 to 2025. As of December 2025, the ratio stands at 46.6%, reflecting working capital of $156.01 Million against net assets of $334.63 Million USD. See defensive interval ratio of AXT Inc to measure how many days the company can operate on defensive assets alone.
AXT Inc Working Capital to Net Assets Ratio by Year (1998–2025)
AXT Inc working capital to net assets ratio by year from 1998 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for AXT Inc from 1998 to 2025, covering 28 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see total assets of AXT Inc.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 46.6% | $156.01 Million | $334.63 Million | $246.56 Million | $90.54 Million | ▲ +13.6 pp |
| 2024 | 33.0% | $84.10 Million | $254.91 Million | $158.27 Million | $74.18 Million | ▼ -0.1 pp |
| 2023 | 33.1% | $89.10 Million | $269.15 Million | $170.66 Million | $81.56 Million | ▼ -4.2 pp |
| 2022 | 37.3% | $108.22 Million | $289.75 Million | $183.54 Million | $75.33 Million | ▼ -2.7 pp |
| 2021 | 40.1% | $112.36 Million | $280.23 Million | $160.19 Million | $47.82 Million | ▼ -9.0 pp |
| 2020 | 49.1% | $125.44 Million | $255.53 Million | $164.52 Million | $39.08 Million | ▲ +4.6 pp |
| 2019 | 44.4% | $85.68 Million | $192.76 Million | $113.20 Million | $27.53 Million | ▼ -6.9 pp |
| 2018 | 51.3% | $99.83 Million | $194.53 Million | $128.54 Million | $28.71 Million | ▼ -11.3 pp |
| 2017 | 62.6% | $117.93 Million | $188.32 Million | $140.52 Million | $22.59 Million | ▼ -4.6 pp |
| 2016 | 67.2% | $94.24 Million | $140.29 Million | $107.29 Million | $13.05 Million | ▲ +6.1 pp |
| 2015 | 61.1% | $84.05 Million | $137.56 Million | $96.89 Million | $12.84 Million | ▼ 0.0 pp |
| 2014 | 61.1% | $88.42 Million | $144.69 Million | $103.19 Million | $14.77 Million | ▲ +3.3 pp |
| 2013 | 57.8% | $84.11 Million | $145.55 Million | $99.54 Million | $15.43 Million | ▼ -4.1 pp |
| 2012 | 61.9% | $93.38 Million | $150.91 Million | $106.47 Million | $13.10 Million | ▼ -0.8 pp |
| 2011 | 62.7% | $92.22 Million | $147.05 Million | $103.10 Million | $10.88 Million | ▼ -5.8 pp |
| 2010 | 68.5% | $82.12 Million | $119.80 Million | $96.95 Million | $14.84 Million | ▼ -4.1 pp |
| 2009 | 72.7% | $70.68 Million | $97.25 Million | $80.89 Million | $10.21 Million | ▲ +1.3 pp |
| 2008 | 71.4% | $66.84 Million | $93.66 Million | $81.03 Million | $14.20 Million | ▼ -9.4 pp |
| 2007 | 80.8% | $75.35 Million | $93.25 Million | $84.84 Million | $9.49 Million | ▼ -0.9 pp |
| 2006 | 81.7% | $66.36 Million | $81.20 Million | $74.11 Million | $7.75 Million | ▲ +16.4 pp |
| 2005 | 65.4% | $36.35 Million | $55.62 Million | $46.21 Million | $9.86 Million | ▼ -2.1 pp |
| 2004 | 67.4% | $45.86 Million | $68.02 Million | $56.45 Million | $10.59 Million | ▼ -2.2 pp |
| 2003 | 69.7% | $57.34 Million | $82.30 Million | $71.96 Million | $14.63 Million | ▲ +13.4 pp |
| 2002 | 56.2% | $59.42 Million | $105.66 Million | $79.58 Million | $20.16 Million | ▼ -6.7 pp |
| 2001 | 62.9% | $117.20 Million | $186.32 Million | $140.52 Million | $23.32 Million | ▼ -12.8 pp |
| 2000 | 75.7% | $140.39 Million | $185.35 Million | $182.66 Million | $42.27 Million | ▲ +11.0 pp |
| 1999 | 64.8% | $40.46 Million | $62.46 Million | $71.25 Million | $30.79 Million | ▼ -15.5 pp |
| 1998 | 80.3% | $41.10 Million | $51.20 Million | $48.60 Million | $7.50 Million | — |