Axt (AXTI) Debt to Equity (2011 - 2025)

Axt has disclosed Debt to Equity across 9 years of filings, most recently posting $0.02 for Q4 2025.

• Debt to Equity for Q4 2025 came in at $0.02, down 92.8% year-over-year; the trailing twelve-month figure through Dec 2025 was $0.02 (down 92.8% YoY), and the FY2025 annual result was $0.02, down 92.8% from the prior year.
• Debt to Equity came in at $0.02 for Q4 2025 at Axt, down from $0.03 in the prior quarter.
• In the past five years, Debt to Equity ranged from a high of $0.28 in Q2 2025 to a low of $0.02 in Q4 2025.
• The 5-year median for Debt to Equity is $0.19 (2023), against an average of $0.16.
• Across the five-year window, Debt to Equity jumped 279.78% in 2021 and slumped 92.8% in 2025, its largest moves.
• Axt's Debt to Equity stood at $0.05 in 2021, then surged by 261.31% to $0.19 in 2022, then grew by 21.02% to $0.23 in 2023, then slipped by 6.09% to $0.22 in 2024, then slumped by 92.8% to $0.02 in 2025.
• The last three Debt to Equity figures came in at $0.02 (Q4 2025), $0.03 (Q3 2025), and $0.28 (Q2 2025), per Business Quant data.