AXT INC (AXTI) Balance sheet

Market cap

$7.8B

P/E ratio

	2011/12	2012/12	2013/12	2014/12	2015/12	2016/12	2017/12	2018/12	2019/12	2020/12	2021/12	2022/12	2023/12	2024/12	2025/12
Cash and cash equivalents	26	31	25	29	25	36	44	17	27	73	37	41	50	34	120
Total cash & short-term investments	26	31	25	29	25	36	44	17	27	73	37	41	50	34	120
Accounts receivable, net	18	18	15	18	18	14	23	20	19	25	35	29	19	26	27
Inventories	46	40	39	39	38	40	46	59	49	52	66	90	87	85	82
Total current assets	103	106	100	103	97	107	141	129	113	165	160	184	171	158	247
Property, plant and equipment, net	34	37	38	34	31	28	47	82	97	116	142	161	166	160	162
Marketable securities, non-current	9	9	10	8	8	6	13	1	-	6	10	2	-	-	-
Total assets	162	168	164	162	152	154	211	224	223	299	332	370	359	339	434
Accounts payable	3	6	8	7	6	7	11	13	10	13	17	10	10	12	13
Long-term debt, current	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4
Total current liabilities	11	13	15	15	13	13	23	29	28	39	48	75	82	74	91
Total liabilities	15	17	18	17	14	14	23	29	31	43	52	80	90	84	99
Retained earnings	-62	-59	-67	-68	-71	-65	-55	-45	-48	-45	-30	-14	-32	-44	-65
Stockholders' equity	147	151	146	145	138	140	188	195	193	208	230	245	227	216	297
Working capital