Axcelis Net Invested Capital vs Net Debt Analysis

ACLS Stock

USD 74.43 1.15 1.57%

Axcelis Technologies financial indicator trend analysis is way more than just evaluating Axcelis Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Axcelis Technologies is a good investment. Please check the relationship between Axcelis Technologies Net Invested Capital and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Axcelis Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For more information on how to buy Axcelis Stock please use our How to Invest in Axcelis Technologies guide.

Net Invested Capital vs Net Debt

Net Invested Capital vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Axcelis Technologies Net Invested Capital account and Net Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Axcelis Technologies' Net Invested Capital and Net Debt is -0.49. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Net Debt in the same time period over historical financial statements of Axcelis Technologies, assuming nothing else is changed. The correlation between historical values of Axcelis Technologies' Net Invested Capital and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Axcelis Technologies are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Net Invested Capital i.e., Axcelis Technologies' Net Invested Capital and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.49

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Axcelis Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Axcelis Technologies current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Axcelis Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For more information on how to buy Axcelis Stock please use our How to Invest in Axcelis Technologies guide.Tax Provision is likely to gain to about 26 M in 2024, whereas Selling General Administrative is likely to drop slightly above 35.1 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	286.4M	401.8M	491.3M	515.9M
Total Revenue	662.4M	920.0M	1.1B	1.2B

Gross Profit Total Revenue

Axcelis Technologies fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Other Liab	Retained Earnings	Other Assets	Common Stock Total Equity	Common Stock	Property Plant Equipment
Total Assets		0.89	0.98	1.0	0.92	-0.52	0.77	0.58	0.65	0.63	0.98	0.97	0.52	0.93	0.97	0.66	0.33	0.99	0.9	0.99	0.94	0.95	0.41	-0.68	-0.68	0.51
Other Current Liab	0.89		0.87	0.91	0.91	-0.6	0.72	0.59	0.75	0.74	0.84	0.89	0.38	0.72	0.81	0.73	0.07	0.84	0.85	0.86	0.78	0.94	0.36	-0.59	-0.59	0.72
Total Current Liabilities	0.98	0.87		0.97	0.9	-0.46	0.8	0.51	0.55	0.55	0.98	0.97	0.44	0.91	0.98	0.62	0.29	0.99	0.9	0.99	0.98	0.92	0.27	-0.59	-0.59	0.56
Total Stockholder Equity	1.0	0.91	0.97		0.93	-0.55	0.75	0.59	0.7	0.67	0.96	0.97	0.52	0.9	0.95	0.68	0.31	0.97	0.9	0.98	0.91	0.96	0.45	-0.69	-0.69	0.51
Property Plant And Equipment Net	0.92	0.91	0.9	0.93		-0.34	0.61	0.36	0.71	0.71	0.84	0.96	0.22	0.77	0.86	0.68	-0.03	0.88	0.96	0.89	0.85	0.99	0.24	-0.5	-0.5	0.63
Net Debt	-0.52	-0.6	-0.46	-0.55	-0.34		-0.53	-0.97	-0.46	-0.39	-0.58	-0.38	-0.77	-0.44	-0.49	-0.6	-0.59	-0.46	-0.26	-0.52	-0.34	-0.41	-0.65	0.66	0.66	-0.3
Accounts Payable	0.77	0.72	0.8	0.75	0.61	-0.53		0.62	0.6	0.43	0.79	0.76	0.59	0.74	0.72	0.64	0.32	0.8	0.57	0.78	0.74	0.71	0.42	-0.65	-0.65	0.66
Cash	0.58	0.59	0.51	0.59	0.36	-0.97	0.62		0.53	0.43	0.63	0.43	0.88	0.56	0.54	0.61	0.68	0.53	0.29	0.57	0.39	0.44	0.72	-0.75	-0.75	0.27
Non Current Assets Total	0.65	0.75	0.55	0.7	0.71	-0.46	0.6	0.53		0.75	0.53	0.69	0.46	0.53	0.48	0.69	0.0	0.55	0.56	0.57	0.42	0.76	0.69	-0.67	-0.67	0.56
Non Currrent Assets Other	0.63	0.74	0.55	0.67	0.71	-0.39	0.43	0.43	0.75		0.55	0.65	0.36	0.55	0.55	0.38	0.07	0.56	0.56	0.58	0.48	0.69	0.43	-0.56	-0.56	0.36
Cash And Short Term Investments	0.98	0.84	0.98	0.96	0.84	-0.58	0.79	0.63	0.53	0.55		0.92	0.59	0.94	0.98	0.6	0.47	0.99	0.84	0.99	0.95	0.87	0.38	-0.67	-0.67	0.44
Net Receivables	0.97	0.89	0.97	0.97	0.96	-0.38	0.76	0.43	0.69	0.65	0.92		0.36	0.88	0.92	0.67	0.13	0.96	0.94	0.96	0.92	0.98	0.31	-0.61	-0.61	0.6
Common Stock Shares Outstanding	0.52	0.38	0.44	0.52	0.22	-0.77	0.59	0.88	0.46	0.36	0.59	0.36		0.64	0.5	0.37	0.86	0.51	0.15	0.52	0.36	0.31	0.83	-0.84	-0.84	-0.04
Non Current Liabilities Total	0.93	0.72	0.91	0.9	0.77	-0.44	0.74	0.56	0.53	0.55	0.94	0.88	0.64		0.93	0.49	0.5	0.95	0.78	0.93	0.89	0.8	0.41	-0.72	-0.72	0.29
Inventory	0.97	0.81	0.98	0.95	0.86	-0.49	0.72	0.54	0.48	0.55	0.98	0.92	0.5	0.93		0.57	0.41	0.98	0.88	0.99	0.97	0.87	0.29	-0.6	-0.6	0.4
Other Current Assets	0.66	0.73	0.62	0.68	0.68	-0.6	0.64	0.61	0.69	0.38	0.6	0.67	0.37	0.49	0.57		0.04	0.59	0.64	0.63	0.51	0.72	0.42	-0.5	-0.5	0.7
Other Stockholder Equity	0.33	0.07	0.29	0.31	-0.03	-0.59	0.32	0.68	0.0	0.07	0.47	0.13	0.86	0.5	0.41	0.04		0.36	-0.01	0.37	0.3	0.03	0.57	-0.58	-0.58	-0.4
Total Liab	0.99	0.84	0.99	0.97	0.88	-0.46	0.8	0.53	0.55	0.56	0.99	0.96	0.51	0.95	0.98	0.59	0.36		0.88	0.99	0.97	0.91	0.32	-0.65	-0.65	0.49
Property Plant And Equipment Gross	0.9	0.85	0.9	0.9	0.96	-0.26	0.57	0.29	0.56	0.56	0.84	0.94	0.15	0.78	0.88	0.64	-0.01	0.88		0.89	0.88	0.94	0.11	-0.42	-0.42	0.59
Total Current Assets	0.99	0.86	0.99	0.98	0.89	-0.52	0.78	0.57	0.57	0.58	0.99	0.96	0.52	0.93	0.99	0.63	0.37	0.99	0.89		0.97	0.92	0.35	-0.65	-0.65	0.48
Other Liab	0.94	0.78	0.98	0.91	0.85	-0.34	0.74	0.39	0.42	0.48	0.95	0.92	0.36	0.89	0.97	0.51	0.3	0.97	0.88	0.97		0.86	0.16	-0.49	-0.49	0.46
Retained Earnings	0.95	0.94	0.92	0.96	0.99	-0.41	0.71	0.44	0.76	0.69	0.87	0.98	0.31	0.8	0.87	0.72	0.03	0.91	0.94	0.92	0.86		0.33	-0.57	-0.57	0.67
Other Assets	0.41	0.36	0.27	0.45	0.24	-0.65	0.42	0.72	0.69	0.43	0.38	0.31	0.83	0.41	0.29	0.42	0.57	0.32	0.11	0.35	0.16	0.33		-0.8	-0.8	-0.02
Common Stock Total Equity	-0.68	-0.59	-0.59	-0.69	-0.5	0.66	-0.65	-0.75	-0.67	-0.56	-0.67	-0.61	-0.84	-0.72	-0.6	-0.5	-0.58	-0.65	-0.42	-0.65	-0.49	-0.57	-0.8		1.0	-0.2
Common Stock	-0.68	-0.59	-0.59	-0.69	-0.5	0.66	-0.65	-0.75	-0.67	-0.56	-0.67	-0.61	-0.84	-0.72	-0.6	-0.5	-0.58	-0.65	-0.42	-0.65	-0.49	-0.57	-0.8	1.0		-0.2
Property Plant Equipment	0.51	0.72	0.56	0.51	0.63	-0.3	0.66	0.27	0.56	0.36	0.44	0.6	-0.04	0.29	0.4	0.7	-0.4	0.49	0.59	0.48	0.46	0.67	-0.02	-0.2	-0.2

Click cells to compare fundamentals

Axcelis Technologies Account Relationship Matchups

Axcelis Technologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	548.1M	624.6M	753.2M	1.0B	1.3B	1.3B
Other Current Liab	18.3M	37.8M	49.8M	56.8M	58.4M	61.3M
Total Current Liabilities	68.7M	84.4M	150.1M	248.1M	285.1M	299.4M
Total Stockholder Equity	419.4M	481.6M	539.0M	667.3M	864.9M	908.1M
Property Plant And Equipment Net	53.1M	54.9M	63.5M	69.8M	101.3M	106.4M
Net Debt	(91.3M)	(155.3M)	(247.5M)	(139.2M)	(91.4M)	(96.0M)
Accounts Payable	25.3M	24.0M	38.0M	62.3M	54.4M	32.1M
Cash	139.9M	203.5M	294.9M	185.6M	167.3M	121.2M
Non Current Assets Total	172.4M	153.8M	134.0M	136.0M	202.0M	128.1M
Non Currrent Assets Other	51.3M	41.1M	35.1M	34.5M	47.2M	44.5M
Cash And Short Term Investments	139.9M	203.5M	294.9M	432.2M	506.1M	531.5M
Net Receivables	83.8M	86.9M	104.4M	169.8M	218.0M	228.9M
Common Stock Shares Outstanding	33.8M	34.1M	34.3M	33.5M	33.2M	31.0M
Liabilities And Stockholders Equity	548.1M	624.6M	753.2M	1.0B	1.3B	1.3B
Non Current Liabilities Total	60.0M	58.6M	64.1M	98.3M	132.0M	138.6M
Inventory	140.4M	161.1M	195.0M	242.4M	306.5M	321.8M
Other Current Assets	11.7M	38.7M	49.9M	33.3M	49.4M	25.9M
Other Stockholder Equity	559.9M	570.1M	559.9M	550.3M	547.2M	547.9M
Total Liab	128.7M	143.0M	214.3M	346.4M	417.1M	437.9M
Property Plant And Equipment Gross	25.3M	54.9M	63.5M	69.8M	127.8M	134.1M
Total Current Assets	375.7M	470.8M	619.2M	877.6M	1.1B	1.1B
Accumulated Other Comprehensive Income	(258K)	3.4M	1.8M	(2.0M)	(1.8M)	(1.8M)
Other Liab	9.3M	11.2M	17.7M	46.1M	53.1M	55.7M
Retained Earnings	(140.2M)	(92.0M)	(22.7M)	118.9M	319.5M	335.5M
Other Assets	119.4M	124.0M	70.5M	66.2M	76.2M	50.5M
Property Plant Equipment	25.3M	29.8M	63.5M	69.8M	62.8M	42.0M
Short Long Term Debt Total	48.5M	48.1M	47.4M	46.4M	75.9M	59.3M
Current Deferred Revenue	24.6M	21.2M	60.5M	123.5M	164.7M	172.9M
Short Term Debt	399K	4.0M	6.6M	10.9M	12.7M	13.3M
Net Tangible Assets	419.4M	481.6M	539.0M	667.3M	767.3M	805.7M
Retained Earnings Total Equity	(140.2M)	(92.0M)	(22.7M)	118.9M	136.7M	143.6M
Capital Surpluse	559.9M	570.1M	559.9M	550.3M	632.8M	598.0M
Deferred Long Term Liab	42.8M	38.5M	32.0M	30.2M	34.8M	36.5M
Non Current Liabilities Other	60.0M	58.6M	9.7M	21.8M	42.1M	41.9M
Long Term Debt Total	48.1M	47.4M	46.4M	45.2M	52.0M	47.9M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Axcelis Stock Analysis

When running Axcelis Technologies' price analysis, check to measure Axcelis Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Axcelis Technologies is operating at the current time. Most of Axcelis Technologies' value examination focuses on studying past and present price action to predict the probability of Axcelis Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Axcelis Technologies' price. Additionally, you may evaluate how the addition of Axcelis Technologies to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC