Axt (AXTI) Asset Writedowns and Impairment (2013 - 2023)
Axt's (AXTI) quarterly Asset Writedowns and Impairment came in at $272000.0 in Q4 2023, up 253.67% year-over-year from $76907.3 in Q4 2022, and down 63.93% quarter-over-quarter from $754000.0 in Q2 2023.
Analysis
Axt (AXTI) Asset Writedowns and Impairment (2013 - 2023) Analysis & Trends
Axt has disclosed Asset Writedowns and Impairment across 8 years of filings, most recently posting $272000.0 for Q4 2023.
- In Q4 2023, Asset Writedowns and Impairment rose 253.67% year-over-year to $272000.0; the TTM figure through Dec 2023 stood at $849000.0 (up 1148.15% YoY), while the FY2023 annual figure was $272000.0, up 253.67% from the prior year.
- Asset Writedowns and Impairment came in at $272000.0 for Q4 2023 at Axt, down from $754000.0 in the prior quarter.
- In the past five years, Asset Writedowns and Impairment ranged from a high of $1.1 million in Q1 2019 to a low of -$177000.0 in Q4 2022.
- Average Asset Writedowns and Impairment over 4 years is $342833.3, with a median of $184000.0 recorded in 2020.
- The largest YoY upside for Asset Writedowns and Impairment was 253.67% in 2023 against a maximum downside of 253.67% in 2023.
- Over 4 years, Asset Writedowns and Impairment stood at $1.1 million in 2019, then slumped by 91.01% to $96000.0 in 2020, then sank by 284.38% to -$177000.0 in 2022, then jumped by 253.67% to $272000.0 in 2023.
- Per Business Quant data, the three most recent Asset Writedowns and Impairment figures were $272000.0 in Q4 2023, $754000.0 in Q2 2023, and -$177000.0 in Q4 2022.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Entegris | 21.40 Bn | 21.04 Bn | 420.00 Mn |
| 2 | Axt | 4.01 Bn | 3.23 Bn | 21.37 Mn |
| 3 | Universal Display Corp \Pa\ | 3.89 Bn | 3.42 Bn | 115.37 Mn |
| 4 | Photronics | 1.68 Bn | 1.05 Bn | 65.76 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 272,000.00 |
| Jun 30, 2023 | 754,000.00 |
| Dec 31, 2022 | -177,000.00 |
| Dec 31, 2020 | 96,000.00 |
| Sep 30, 2020 | 44,000.00 |
| Mar 31, 2019 | 1.07 Mn |
| Mar 31, 2017 | 313,000.00 |
| Jun 30, 2015 | 61,000.00 |
| Mar 31, 2015 | 150,000.00 |
| Jun 30, 2014 | 8,000.00 |
| Mar 31, 2014 | 1,000.00 |
| Dec 31, 2013 | 242,000.00 |
| Sep 30, 2013 | 323,000.00 |
| Jun 30, 2013 | 304,000.00 |