Axt (AXTI) Asset Writedowns and Impairment (2013 - 2023)
Axt (AXTI) posted Asset Writedowns and Impairment of $272000.0 for Q4 2023, down 63.93% sequentially from $754000.0 in Q2 2023, and up 253.67% YoY from $76907.3 in Q4 2022.
Axt (AXTI) Asset Writedowns and Impairment (2013 - 2023) Analysis & Trends
Axt has reported Asset Writedowns and Impairment for 8 years, with the latest figure at $272000.0 in Q4 2023.
- Quarterly Asset Writedowns and Impairment rose 253.67% year-over-year to $272000.0 in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $849000.0 (up 1148.15% YoY) and the FY2023 annual result came in at $272000.0, up 253.67% from the prior year.
- Asset Writedowns and Impairment declined to $272000.0 in Q4 2023 per AXTI's latest filing, from $754000.0 in the prior quarter.
- Over five years, Asset Writedowns and Impairment peaked at $1.1 million in Q1 2019 and troughed at -$177000.0 in Q4 2022.
- A 4-year average of $342833.3 and a median of $184000.0 in 2020 frame the typical range for Asset Writedowns and Impairment.
- The widest YoY moves for Asset Writedowns and Impairment: up 253.67% in 2023, down 253.67% in 2023.
- Over 4 years, Asset Writedowns and Impairment stood at $1.1 million in 2019, then plunged by 91.01% to $96000.0 in 2020, then tumbled by 284.38% to -$177000.0 in 2022, then soared by 253.67% to $272000.0 in 2023.
- According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $272000.0, $754000.0, and -$177000.0 for Q4 2023, Q2 2023, and Q4 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Asml Holding | 683.77 Bn | 668.27 Bn | 5.90 Bn |
| 2 | Lam Research | 393.97 Bn | 388.39 Bn | 3.48 Bn |
| 3 | Applied Materials | 389.80 Bn | 381.56 Bn | 3.95 Bn |
| 4 | Kla | 240.86 Bn | 239.21 Bn | 2.24 Bn |
| 5 | Teradyne | 58.87 Bn | 58.52 Bn | 794.62 Mn |
| 6 | Qnity Electronics | 27.06 Bn | 26.10 Bn | 666.00 Mn |
| 7 | Entegris | 21.93 Bn | 21.58 Bn | 420.00 Mn |
| 8 | Onto Innovation | 14.50 Bn | 12.61 Bn | 183.25 Mn |
| 9 | Amkor Technology | 12.45 Bn | 9.94 Bn | 318.59 Mn |
| 10 | Axt | 4.33 Bn | 3.54 Bn | 21.37 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 272,000.00 |
| Dec 31, 2023 | 272,000.00 |
| Jun 30, 2023 | 754,000.00 |
| Jun 30, 2023 | 754,000.00 |
| Dec 31, 2022 | -177,000.00 |
| Dec 31, 2022 | -177,000.00 |
| Dec 31, 2020 | 96,000.00 |
| Dec 31, 2020 | 96,000.00 |
| Sep 30, 2020 | 44,000.00 |
| Sep 30, 2020 | 44,000.00 |
| Mar 31, 2019 | 1.07 Mn |
| Mar 31, 2019 | 1.07 Mn |
| Mar 31, 2017 | 313,000.00 |
| Mar 31, 2017 | 313,000.00 |
| Jun 30, 2015 | 61,000.00 |
| Jun 30, 2015 | 61,000.00 |
| Mar 31, 2015 | 150,000.00 |
| Mar 31, 2015 | 150,000.00 |
| Jun 30, 2014 | 8,000.00 |
| Jun 30, 2014 | 8,000.00 |