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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Axt (AXTI) Debt to Equity (2018 - 2025)

Axt's Debt to Equity history spans 9 years, with the latest figure at $0.34 for Q3 2025.

  • For Q3 2025, Debt to Equity rose 42.89% year-over-year to $0.34; the TTM value through Sep 2025 reached $0.34, up 42.89%, while the annual FY2024 figure was $0.22, 6.09% down from the prior year.
  • Debt to Equity for Q3 2025 was $0.34 at Axt, up from $0.28 in the prior quarter.
  • Across five years, Debt to Equity topped out at $0.34 in Q3 2025 and bottomed at $0.01 in Q4 2021.
  • The 5-year median for Debt to Equity is $0.2 (2023), against an average of $0.18.
  • The largest annual shift saw Debt to Equity crashed 83.6% in 2021 before it surged 2241.5% in 2022.
  • A 5-year view of Debt to Equity shows it stood at $0.01 in 2021, then surged by 2241.5% to $0.19 in 2022, then increased by 21.02% to $0.23 in 2023, then dropped by 6.09% to $0.22 in 2024, then surged by 57.13% to $0.34 in 2025.
  • Per Business Quant, the three most recent readings for AXTI's Debt to Equity are $0.34 (Q3 2025), $0.28 (Q2 2025), and $0.25 (Q1 2025).