Axt (AXTI) Debt Ratio: 2011-2024
Historic Debt Ratio for Axt (AXTI) over the last 7 years, with FY2024 value amounting to 0.14.
- Axt's Debt Ratio rose 2121.09% to 0.18 in Q3 2025 from the same period last year, while for Sep 2025 it was 0.05, marking a year-over-year increase of 2041.53%. This contributed to the annual value of 0.14 for FY2024, which is 558.67% down from last year.
- Per Axt's latest filing, its Debt Ratio stood at 0.14 for FY2024, which was down 558.67% from 0.15 recorded in FY2023.
- In the past 5 years, Axt's Debt Ratio registered a high of 0.15 during FY2023, and its lowest value of 0.03 during FY2020.
- Its 5-year average for Debt Ratio is 0.1, with a median of 0.13 in 2022.
- Per our database at Business Quant, Axt's Debt Ratio surged by 24582.42% in 2022 and then tumbled by 558.67% in 2024.
- Annual analysis of 5 years shows Axt's Debt Ratio stood at 0.03 in 2020, then grew by 5.6% to 0.04 in 2021, then skyrocketed by 245.82% to 0.13 in 2022, then rose by 15.97% to 0.15 in 2023, then decreased by 5.59% to 0.14 in 2024.
- Its last three reported values are 0.14 in FY2024, 0.15 for FY2023, and 0.13 during FY2022.