Axcelis Total Assets vs Current Deferred Revenue 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 Total Assets and its Current Deferred Revenue 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.

Total Assets vs Current Deferred Revenue

Total Assets vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Axcelis Technologies Total Assets account and Current Deferred Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Axcelis Technologies' Total Assets and Current Deferred Revenue is 0.97. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Current Deferred Revenue 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' Total Assets and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Axcelis Technologies are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Total Assets i.e., Axcelis Technologies' Total Assets and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of Axcelis Technologies assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Axcelis Technologies books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
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 Profit286.4M401.8M491.3M515.9M
Total Revenue662.4M920.0M1.1B1.2B

Axcelis Technologies fundamental ratios Correlations

0.890.981.00.92-0.520.770.580.650.630.980.970.520.930.970.660.330.990.90.990.940.950.41-0.68-0.680.51
0.890.870.910.91-0.60.720.590.750.740.840.890.380.720.810.730.070.840.850.860.780.940.36-0.59-0.590.72
0.980.870.970.9-0.460.80.510.550.550.980.970.440.910.980.620.290.990.90.990.980.920.27-0.59-0.590.56
1.00.910.970.93-0.550.750.590.70.670.960.970.520.90.950.680.310.970.90.980.910.960.45-0.69-0.690.51
0.920.910.90.93-0.340.610.360.710.710.840.960.220.770.860.68-0.030.880.960.890.850.990.24-0.5-0.50.63
-0.52-0.6-0.46-0.55-0.34-0.53-0.97-0.46-0.39-0.58-0.38-0.77-0.44-0.49-0.6-0.59-0.46-0.26-0.52-0.34-0.41-0.650.660.66-0.3
0.770.720.80.750.61-0.530.620.60.430.790.760.590.740.720.640.320.80.570.780.740.710.42-0.65-0.650.66
0.580.590.510.590.36-0.970.620.530.430.630.430.880.560.540.610.680.530.290.570.390.440.72-0.75-0.750.27
0.650.750.550.70.71-0.460.60.530.750.530.690.460.530.480.690.00.550.560.570.420.760.69-0.67-0.670.56
0.630.740.550.670.71-0.390.430.430.750.550.650.360.550.550.380.070.560.560.580.480.690.43-0.56-0.560.36
0.980.840.980.960.84-0.580.790.630.530.550.920.590.940.980.60.470.990.840.990.950.870.38-0.67-0.670.44
0.970.890.970.970.96-0.380.760.430.690.650.920.360.880.920.670.130.960.940.960.920.980.31-0.61-0.610.6
0.520.380.440.520.22-0.770.590.880.460.360.590.360.640.50.370.860.510.150.520.360.310.83-0.84-0.84-0.04
0.930.720.910.90.77-0.440.740.560.530.550.940.880.640.930.490.50.950.780.930.890.80.41-0.72-0.720.29
0.970.810.980.950.86-0.490.720.540.480.550.980.920.50.930.570.410.980.880.990.970.870.29-0.6-0.60.4
0.660.730.620.680.68-0.60.640.610.690.380.60.670.370.490.570.040.590.640.630.510.720.42-0.5-0.50.7
0.330.070.290.31-0.03-0.590.320.680.00.070.470.130.860.50.410.040.36-0.010.370.30.030.57-0.58-0.58-0.4
0.990.840.990.970.88-0.460.80.530.550.560.990.960.510.950.980.590.360.880.990.970.910.32-0.65-0.650.49
0.90.850.90.90.96-0.260.570.290.560.560.840.940.150.780.880.64-0.010.880.890.880.940.11-0.42-0.420.59
0.990.860.990.980.89-0.520.780.570.570.580.990.960.520.930.990.630.370.990.890.970.920.35-0.65-0.650.48
0.940.780.980.910.85-0.340.740.390.420.480.950.920.360.890.970.510.30.970.880.970.860.16-0.49-0.490.46
0.950.940.920.960.99-0.410.710.440.760.690.870.980.310.80.870.720.030.910.940.920.860.33-0.57-0.570.67
0.410.360.270.450.24-0.650.420.720.690.430.380.310.830.410.290.420.570.320.110.350.160.33-0.8-0.8-0.02
-0.68-0.59-0.59-0.69-0.50.66-0.65-0.75-0.67-0.56-0.67-0.61-0.84-0.72-0.6-0.5-0.58-0.65-0.42-0.65-0.49-0.57-0.81.0-0.2
-0.68-0.59-0.59-0.69-0.50.66-0.65-0.75-0.67-0.56-0.67-0.61-0.84-0.72-0.6-0.5-0.58-0.65-0.42-0.65-0.49-0.57-0.81.0-0.2
0.510.720.560.510.63-0.30.660.270.560.360.440.6-0.040.290.40.7-0.40.490.590.480.460.67-0.02-0.2-0.2
Click cells to compare fundamentals

Axcelis Technologies Account Relationship Matchups

Axcelis Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets548.1M624.6M753.2M1.0B1.3B1.3B
Other Current Liab18.3M37.8M49.8M56.8M58.4M61.3M
Total Current Liabilities68.7M84.4M150.1M248.1M285.1M299.4M
Total Stockholder Equity419.4M481.6M539.0M667.3M864.9M908.1M
Property Plant And Equipment Net53.1M54.9M63.5M69.8M101.3M106.4M
Net Debt(91.3M)(155.3M)(247.5M)(139.2M)(91.4M)(96.0M)
Accounts Payable25.3M24.0M38.0M62.3M54.4M32.1M
Cash139.9M203.5M294.9M185.6M167.3M121.2M
Non Current Assets Total172.4M153.8M134.0M136.0M202.0M128.1M
Non Currrent Assets Other51.3M41.1M35.1M34.5M47.2M44.5M
Cash And Short Term Investments139.9M203.5M294.9M432.2M506.1M531.5M
Net Receivables83.8M86.9M104.4M169.8M218.0M228.9M
Common Stock Shares Outstanding33.8M34.1M34.3M33.5M33.2M31.0M
Liabilities And Stockholders Equity548.1M624.6M753.2M1.0B1.3B1.3B
Non Current Liabilities Total60.0M58.6M64.1M98.3M132.0M138.6M
Inventory140.4M161.1M195.0M242.4M306.5M321.8M
Other Current Assets11.7M38.7M49.9M33.3M49.4M25.9M
Other Stockholder Equity559.9M570.1M559.9M550.3M547.2M547.9M
Total Liab128.7M143.0M214.3M346.4M417.1M437.9M
Property Plant And Equipment Gross25.3M54.9M63.5M69.8M127.8M134.1M
Total Current Assets375.7M470.8M619.2M877.6M1.1B1.1B
Accumulated Other Comprehensive Income(258K)3.4M1.8M(2.0M)(1.8M)(1.8M)
Other Liab9.3M11.2M17.7M46.1M53.1M55.7M
Retained Earnings(140.2M)(92.0M)(22.7M)118.9M319.5M335.5M
Other Assets119.4M124.0M70.5M66.2M76.2M50.5M
Property Plant Equipment25.3M29.8M63.5M69.8M62.8M42.0M
Short Long Term Debt Total48.5M48.1M47.4M46.4M75.9M59.3M
Current Deferred Revenue24.6M21.2M60.5M123.5M164.7M172.9M
Short Term Debt399K4.0M6.6M10.9M12.7M13.3M
Net Tangible Assets419.4M481.6M539.0M667.3M767.3M805.7M
Retained Earnings Total Equity(140.2M)(92.0M)(22.7M)118.9M136.7M143.6M
Capital Surpluse559.9M570.1M559.9M550.3M632.8M598.0M
Deferred Long Term Liab42.8M38.5M32.0M30.2M34.8M36.5M
Non Current Liabilities Other60.0M58.6M9.7M21.8M42.1M41.9M
Long Term Debt Total48.1M47.4M46.4M45.2M52.0M47.9M

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