Axcelis Retained Earnings vs Short Term Investments 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 Retained Earnings and its Short Term Investments 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.

Retained Earnings vs Short Term Investments

Retained Earnings vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Axcelis Technologies Retained Earnings account and Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Axcelis Technologies' Retained Earnings and Short Term Investments is 0.87. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Short Term Investments 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' Retained Earnings and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Axcelis Technologies are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Retained Earnings i.e., Axcelis Technologies' Retained Earnings and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.87

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Short Term Investments

Short Term Investments is an item under the current assets section of Axcelis Technologies balance sheet. It contains any investments Axcelis Technologies undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Axcelis Technologies can easily liquidate in the marketplace.

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

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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

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