AXT (AXTI) Quick Ratio: History & Chart

AXT, Inc. (AXTI)AXTIAXT, Inc.

About AXT, Inc.

AXT, Inc. is a company dedicated to the design, development, production, and worldwide distribution of both compound and single-element semiconductor substrates. Leveraging its proprietary vertical gradient freeze technology, the firm manufactures these essential components. Its diverse product range includes indium phosphide substrates, vital for applications like data center connectivity (utilizing light and lasers), 5G communications, fiber optic lasers and detectors, passive optical networks, silicon photonics, photonic integrated circuits, terrestrial solar cells, RF amplification and switching, infrared LEDs for motion control, LiDAR in robotics and autonomous vehicles, and infrared thermal imaging. AXT also provides semi-insulating gallium arsenide (GaAs) substrates, which are critical for Wi-Fi and IoT devices, transistors, direct broadcast television, power amplifiers, satellite communications, and solar cells. Furthermore, its semi-conducting GaAs substrates find use in LEDs, screen displays, printer head lasers and LEDs, 3D sensing via VCSELs, data center communication using VCSELs, sensors for industrial robotics and near-infrared applications, optical couplers, solar cells, night vision goggles, LiDAR for robotics and autonomous vehicles, and various other laser technologies such as machining, cutting, and drilling. Germanium substrates are another key offering, employed in multi-junction solar cells for satellites, optical sensors and detectors, terrestrial concentrated photovoltaic cells, infrared detectors, and as carrier wafers for LEDs. Beyond these substrates, AXT supplies high-purity materials including 6N+ and 7N+ purified gallium, boron trioxide, gallium-magnesium alloy, along with pyrolytic boron nitride (pBN) crucibles and pBN insulating parts. The company distributes its products via a direct salesforce in the United States, China, and Europe, alongside independent sales representatives and distributors across Japan, Taiwan, Korea, and other international markets. Established in 1986 as American Xtal Technology, Inc., the company rebranded to AXT, Inc. in July 2000 and is headquartered in Fremont, California.

Fremont, CA

1,541 employees

www.axt.com

Technology / Semiconductors

Sector: Technology
Industry: Semiconductors
CEO: Morris S. Young

View full financials

AXTI Quick Ratio (Acid-Test) Metrics

QUICK RATIO (ACID-TEST)

1.67

QUICK RATIO (ACID-TEST) AVG TTM

1.22

QUICK RATIO (ACID-TEST) AVG 3Y

1.02

QUICK RATIO (ACID-TEST) AVG 5Y

1.46

QUICK RATIO (ACID-TEST) AVG 10Y

2.57

QUICK RATIO (ACID-TEST) AVG 15Y

3.26

QUICK RATIO (ACID-TEST) AVG 20Y

3.62

CURRENT VS TTM AVG

+37.54%

CURRENT VS 3Y AVG

+63.52%

CURRENT VS 5Y AVG

+14.17%

CURRENT VS 10Y AVG

-35.06%

CURRENT VS 15Y AVG

-48.67%

CURRENT VS 20Y AVG

-53.87%

SECTOR MEDIAN · TECHNOLOGY

1.58

median of 177 covered companies

CURRENT VS SECTOR MEDIAN

+5.80%

vs the sector median at left

NAME	MARKET CAP	QUICK RATIO (ACID-TEST)	TTM	3Y	5Y
AXT, Inc. (AXTI)	$2.18B	1.67	1.22	1.02	1.46
Keel Infrastructure Corp. (KEEL)vs ›	$2.42B	5.52	5.69	3.57	2.72
Asana, Inc. (ASAN)vs ›	$1.84B	1.18	1.31	1.60	1.79
Ichor Holdings, Ltd. (ICHR)vs ›	$2.60B	1.38	1.44	1.46	1.52
Ambarella, Inc. (AMBA)vs ›	$2.79B	2.01	2.18	2.64	3.23
Veeco Instruments Inc. (VECO)vs ›	$2.88B	3.20	2.95	2.46	2.47
C3.ai, Inc. (AI)vs ›	$1.32B	6.64	6.75	7.22	7.58
POET Technologies Inc. (POET)vs ›	$902.32M	2.19	1.67	1.69	3.24
ZoomInfo Technologies Inc. (GTM)vs ›	$900.36M	0.72	0.70	1.05	1.11
PagerDuty, Inc. (PD)vs ›	$885.21M	2.01	1.94	2.15	2.52

NAME

MARKET CAP

QUICK RATIO (ACID-TEST)

TTM

AXT, Inc. (AXTI)

$2.18B

1.67

1.22

1.02

1.46

Keel Infrastructure Corp. (KEEL)vs ›

$2.42B

5.52

5.69

3.57

2.72

Asana, Inc. (ASAN)vs ›

$1.84B

1.18

1.31

1.60

1.79

Ichor Holdings, Ltd. (ICHR)vs ›

$2.60B

1.38

1.44

1.46

1.52

Ambarella, Inc. (AMBA)vs ›

$2.79B

2.01

2.18

2.64

3.23

Veeco Instruments Inc. (VECO)vs ›

$2.88B

3.20

2.95

2.46

2.47

C3.ai, Inc. (AI)vs ›

$1.32B

6.64

6.75

7.22

7.58

POET Technologies Inc. (POET)vs ›

$902.32M

2.19

1.67

1.69

3.24

ZoomInfo Technologies Inc. (GTM)vs ›

$900.36M

0.72

0.70

1.05

1.11

PagerDuty, Inc. (PD)vs ›

$885.21M

2.01

1.94

2.15

2.52

Quick Ratio (Acid-Test) FAQ

What is the quick ratio (acid-test) for AXT, Inc. (AXTI)?

The quick ratio (acid-test) for AXTI stock is 1.67.

Is AXT, Inc.'s quick ratio (acid-test) high or low?

The quick ratio (acid-test) of 1.67 is 14% above its 5-year average of 1.46, around the middle of its 5-year range (0.82–2.76).

What is the TTM average quick ratio (acid-test) for AXT, Inc. (AXTI)?

The TTM average quick ratio (acid-test) for AXTI stock is 1.22.

What is the 3Y average quick ratio (acid-test) for AXT, Inc. (AXTI)?

The 3Y average quick ratio (acid-test) for AXTI stock is 1.02.

What is the 5Y average quick ratio (acid-test) for AXT, Inc. (AXTI)?

The 5Y average quick ratio (acid-test) for AXTI stock is 1.46.

What is the 10Y average quick ratio (acid-test) for AXT, Inc. (AXTI)?

The 10Y average quick ratio (acid-test) for AXTI stock is 2.57.

What is the 15Y average quick ratio (acid-test) for AXT, Inc. (AXTI)?

The 15Y average quick ratio (acid-test) for AXTI stock is 3.26.

What is the 20Y average quick ratio (acid-test) for AXT, Inc. (AXTI)?

The 20Y average quick ratio (acid-test) for AXTI stock is 3.62.

DATE	QUICK RATIO (ACID-TEST)
2026-03-31	1.67
2025-12-31	1.82
2025-09-30	0.85
2025-06-30	0.82
2025-03-31	0.92
2024-12-31	0.99
2024-09-30	1.04
2024-06-30	1.09
2024-03-31	1.08
2023-12-31	1.03
2023-09-30	1.09
2023-06-30	1.17
2023-03-31	1.17
2022-12-31	1.25
2022-09-30	1.28
2022-06-30	1.41
2022-03-31	1.95
2021-12-31	1.97
2021-09-30	2.65
2021-06-30	2.76
2021-03-31	2.74
2020-12-31	2.89
2020-09-30	2.27
2020-06-30	2.17
2020-03-31	2.43
2019-12-31	2.33
2019-09-30	2.57
2019-06-30	3.62
2019-03-31	3.73
2018-12-31	2.44
2018-09-30	2.91
2018-06-30	3.12
2018-03-31	3.88
2017-12-31	4.19
2017-09-30	5.07
2017-06-30	5.85
2017-03-31	6.19
2016-12-31	5.14
2016-09-30	5.12
2016-06-30	4.52
2016-03-31	4.35
2015-12-31	4.59
2015-09-30	4.83
2015-06-30	4.16
2015-03-31	4.02
2014-12-31	4.37
2014-09-30	4.19
2014-06-30	5.27
2014-03-31	4.76
2013-12-31	3.92
2013-09-30	3.50
2013-06-30	4.01
2013-03-31	3.65
2012-12-31	5.05
2012-09-30	6.03
2012-06-30	5.01
2012-03-31	6.15
2011-12-31	5.25
2011-09-30	4.34
2011-06-30	5.95
2011-03-31	4.11
2010-12-31	4.11
2010-09-30	5.06
2010-06-30	5.72
2010-03-31	4.82
2009-12-31	5.21
2009-09-30	3.38
2009-06-30	3.77
2009-03-31	3.43
2008-12-31	3.24
2008-09-30	2.97
2008-06-30	2.79
2008-03-31	4.21
2007-12-31	6.33
2007-09-30	7.41
2007-06-30	8.32
2007-03-31	6.90
2006-12-31	6.95
2006-09-30	3.75
2006-06-30	3.00
2006-03-31	3.50
2005-12-31	3.05
2005-09-30	3.14
2005-06-30	3.31
2005-03-31	3.36
2004-12-31	3.78
2004-09-30	3.06
2004-06-30	3.14
2004-03-31	3.10
2003-12-31	3.27
2003-09-30	3.30
2003-06-30	2.55
2003-03-31	2.44
2002-12-31	2.08
2002-09-30	1.87
2002-06-30	1.91

DATE

QUICK RATIO (ACID-TEST)

2026-03-31

1.67

2025-12-31

1.82

2025-09-30

0.85

2025-06-30

0.82

2025-03-31

0.92

2024-12-31

0.99

2024-09-30

1.04

2024-06-30

1.09

2024-03-31

1.08

2023-12-31

1.03

2023-09-30

1.09

2023-06-30

1.17

2023-03-31

1.17

2022-12-31

1.25

2022-09-30

1.28

2022-06-30

1.41

2022-03-31

1.95

2021-12-31

1.97

2021-09-30

2.65

2021-06-30

2.76

2021-03-31

2.74

2020-12-31

2.89

2020-09-30

2.27

2020-06-30

2.17

2020-03-31

2.43

2019-12-31

2.33

2019-09-30

2.57

2019-06-30

3.62

2019-03-31

3.73

2018-12-31

2.44

2018-09-30

2.91

2018-06-30

3.12

2018-03-31

3.88

2017-12-31

4.19

2017-09-30

5.07

2017-06-30

5.85

2017-03-31

6.19

2016-12-31

5.14

2016-09-30

5.12

2016-06-30

4.52

2016-03-31

4.35

2015-12-31

4.59

2015-09-30

4.83

2015-06-30

4.16

2015-03-31

4.02

2014-12-31

4.37

2014-09-30

4.19

2014-06-30

5.27

2014-03-31

4.76

2013-12-31

3.92

2013-09-30

3.50

2013-06-30

4.01

2013-03-31

3.65

2012-12-31

5.05

2012-09-30

6.03

2012-06-30

5.01

2012-03-31

6.15

2011-12-31

5.25

2011-09-30

4.34

2011-06-30

5.95

2011-03-31

4.11

2010-12-31

4.11

2010-09-30

5.06

2010-06-30

5.72

2010-03-31

4.82

2009-12-31

5.21

2009-09-30

3.38

2009-06-30

3.77

2009-03-31

3.43

2008-12-31

3.24

2008-09-30

2.97

2008-06-30

2.79

2008-03-31

4.21

2007-12-31

6.33

2007-09-30

7.41

2007-06-30

8.32

2007-03-31

6.90

2006-12-31

6.95

2006-09-30

3.75

2006-06-30

3.00

2006-03-31

3.50

2005-12-31

3.05

2005-09-30

3.14

2005-06-30

3.31

2005-03-31

3.36

2004-12-31

3.78

2004-09-30

3.06

2004-06-30

3.14

2004-03-31

3.10

2003-12-31

3.27

2003-09-30

3.30

2003-06-30

2.55

2003-03-31

2.44

2002-12-31

2.08

2002-09-30

1.87

2002-06-30

1.91

Quick Ratio (Acid-Test): 1.67

AXTI Quick Ratio

AXTI Average Quick Ratio (Acid-Test) Chart

AXTI Current vs Average Quick Ratio (Acid-Test) Chart

AXTI Quick Ratio (Acid-Test) Metrics

AXTI Competitors' Quick Ratio (Acid-Test)

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Quick Ratio (Acid-Test) Formula & Definition

Quick Ratio (Acid-Test) FAQ

AXTI Quick Ratio (Acid-Test) History

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