Axcelis Capital Stock vs Cash And Equivalents Analysis

ACLS Stock

USD 113.23 0.34 0.30%

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 Capital Stock and its Cash And Equivalents 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 tightly coupled 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.

Capital Stock vs Cash And Equivalents

Capital Stock vs Cash And Equivalents Correlation Analysis

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

The correlation between Axcelis Technologies' Capital Stock and Cash And Equivalents is -0.29. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Cash And Equivalents 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' Capital Stock and Cash And Equivalents is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Axcelis Technologies are associated (or correlated) with its Cash And Equivalents. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Equivalents has no effect on the direction of Capital Stock i.e., Axcelis Technologies' Capital Stock and Cash And Equivalents go up and down completely randomly.

Correlation Coefficient

-0.29

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Capital Stock

The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.

Cash And Equivalents

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 tightly coupled 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.At this time, Axcelis Technologies' Tax Provision is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 15.65 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.06 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	-0.15	0.98	0.97	0.52	0.93	0.97	0.85	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	0.83	-0.6	0.74	0.6	0.74	0.15	0.85	0.9	0.38	0.73	0.82	0.76	0.08	0.85	0.84	0.87	0.79	0.94	0.36	-0.59	-0.59	0.73
Total Current Liabilities	0.98	0.87		0.97	0.9	-0.46	0.8	0.51	0.55	-0.23	0.98	0.97	0.44	0.91	0.98	0.84	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		0.92	-0.55	0.75	0.59	0.7	-0.11	0.96	0.97	0.52	0.9	0.95	0.85	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	0.83	0.9	0.92		-0.26	0.56	0.3	0.62	-0.25	0.85	0.95	0.2	0.81	0.89	0.88	0.04	0.89	0.98	0.9	0.88	0.95	0.18	-0.46	-0.46	0.51
Net Debt	-0.52	-0.6	-0.46	-0.55	-0.26		-0.53	-0.97	-0.46	-0.3	-0.58	-0.38	-0.77	-0.44	-0.49	-0.26	-0.59	-0.46	-0.26	-0.52	-0.34	-0.41	-0.65	0.66	0.66	-0.3
Accounts Payable	0.77	0.74	0.8	0.75	0.56	-0.53		0.62	0.6	0.02	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	0.6	0.51	0.59	0.3	-0.97	0.62		0.53	0.28	0.63	0.43	0.88	0.56	0.54	0.29	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	0.74	0.55	0.7	0.62	-0.46	0.6	0.53		0.36	0.53	0.69	0.46	0.53	0.48	0.63	0.0	0.55	0.56	0.57	0.42	0.76	0.69	-0.67	-0.67	0.56
Non Currrent Assets Other	-0.15	0.15	-0.23	-0.11	-0.25	-0.3	0.02	0.28	0.36		-0.2	-0.15	0.19	-0.21	-0.26	-0.32	-0.08	-0.23	-0.31	-0.21	-0.33	-0.06	0.34	-0.2	-0.2	0.12
Cash And Short Term Investments	0.98	0.85	0.98	0.96	0.85	-0.58	0.79	0.63	0.53	-0.2		0.92	0.59	0.94	0.98	0.76	0.47	0.99	0.84	0.99	0.95	0.87	0.38	-0.67	-0.67	0.44
Net Receivables	0.97	0.9	0.97	0.97	0.95	-0.38	0.76	0.43	0.69	-0.15	0.92		0.36	0.88	0.92	0.91	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	0.2	-0.77	0.59	0.88	0.46	0.19	0.59	0.36		0.64	0.5	0.19	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	0.73	0.91	0.9	0.81	-0.44	0.74	0.56	0.53	-0.21	0.94	0.88	0.64		0.93	0.72	0.5	0.95	0.78	0.93	0.89	0.8	0.41	-0.72	-0.72	0.29
Inventory	0.97	0.82	0.98	0.95	0.89	-0.49	0.72	0.54	0.48	-0.26	0.98	0.92	0.5	0.93		0.77	0.41	0.98	0.88	0.99	0.97	0.87	0.29	-0.6	-0.6	0.4
Other Current Assets	0.85	0.76	0.84	0.85	0.88	-0.26	0.64	0.29	0.63	-0.32	0.76	0.91	0.19	0.72	0.77		-0.05	0.82	0.9	0.82	0.79	0.91	0.24	-0.47	-0.47	0.64
Other Stockholder Equity	0.33	0.08	0.29	0.31	0.04	-0.59	0.32	0.68	0.0	-0.08	0.47	0.13	0.86	0.5	0.41	-0.05		0.36	-0.01	0.37	0.3	0.03	0.57	-0.58	-0.58	-0.4
Total Liab	0.99	0.85	0.99	0.97	0.89	-0.46	0.8	0.53	0.55	-0.23	0.99	0.96	0.51	0.95	0.98	0.82	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	0.84	0.9	0.9	0.98	-0.26	0.57	0.29	0.56	-0.31	0.84	0.94	0.15	0.78	0.88	0.9	-0.01	0.88		0.89	0.88	0.94	0.11	-0.42	-0.42	0.59
Total Current Assets	0.99	0.87	0.99	0.98	0.9	-0.52	0.78	0.57	0.57	-0.21	0.99	0.96	0.52	0.93	0.99	0.82	0.37	0.99	0.89		0.97	0.92	0.35	-0.65	-0.65	0.48
Other Liab	0.94	0.79	0.98	0.91	0.88	-0.34	0.74	0.39	0.42	-0.33	0.95	0.92	0.36	0.89	0.97	0.79	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	0.95	-0.41	0.71	0.44	0.76	-0.06	0.87	0.98	0.31	0.8	0.87	0.91	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	0.18	-0.65	0.42	0.72	0.69	0.34	0.38	0.31	0.83	0.41	0.29	0.24	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	-0.46	0.66	-0.65	-0.75	-0.67	-0.2	-0.67	-0.61	-0.84	-0.72	-0.6	-0.47	-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	-0.46	0.66	-0.65	-0.75	-0.67	-0.2	-0.67	-0.61	-0.84	-0.72	-0.6	-0.47	-0.58	-0.65	-0.42	-0.65	-0.49	-0.57	-0.8	1.0		-0.2
Property Plant Equipment	0.51	0.73	0.56	0.51	0.51	-0.3	0.66	0.27	0.56	0.12	0.44	0.6	-0.04	0.29	0.4	0.64	-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	38.4M	50.7M	61.1M	59.6M	62.5M
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	138.2M	145.2M
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	3.7M	3.5M
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	19.4M	24.9M	33.3M	49.4M	51.9M
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	57.8M
Current Deferred Revenue	24.6M	21.2M	60.5M	123.5M	164.7M	172.9M
Short Term Debt	399K	756K	979K	1.2M	6.5M	12.4M
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

Pair Trading with Axcelis Technologies

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Axcelis Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Axcelis Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving together with Axcelis Stock

0.83

ON Semiconductor

Pair Corr

The ability to find closely correlated positions to Axcelis Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Axcelis Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Axcelis Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Axcelis Technologies to buy it.

The correlation of Axcelis Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Axcelis Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Axcelis Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Axcelis Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Axcelis Technologies is a strong investment it is important to analyze Axcelis Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Axcelis Technologies' future performance. For an informed investment choice regarding Axcelis Stock, refer to the following important reports:

How To Invest In Axcelis

Details

Is Axcelis Stock a good investment?

Details

What is Axcelis Technologies' Net Worth?

Details

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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 tightly coupled 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.

You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary 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.

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Is Axcelis Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Axcelis Technologies. If investors know Axcelis will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Axcelis Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.098

Earnings Share

7.58

Revenue Per Share

34.491

Quarterly Revenue Growth

(0.01)

Return On Assets

0.1419

The market value of Axcelis Technologies is measured differently than its book value, which is the value of Axcelis that is recorded on the company's balance sheet. Investors also form their own opinion of Axcelis Technologies' value that differs from its market value or its book value, called intrinsic value, which is Axcelis Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Axcelis Technologies' market value can be influenced by many factors that don't directly affect Axcelis Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Axcelis Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Axcelis Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Axcelis Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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

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Axcelis Capital Stock vs Cash And Equivalents Analysis

Capital Stock vs Cash And Equivalents

Capital Stock vs Cash And Equivalents Correlation Analysis

Correlation Coefficient

Capital Stock

Cash And Equivalents

Axcelis Technologies fundamental ratios Correlations

Axcelis Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Axcelis Technologies fundamental ratios Accounts

Pair Trading with Axcelis Technologies

Moving together with Axcelis Stock

Complementary Tools for Axcelis Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Common Stock	+ 1.0	Common Stock Total Equity
Total Liab	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Current Liabilities
Total Current Assets	+ 0.99	Total Current Liabilities

Cash	- 0.97	Net Debt
Common Stock	- 0.84	Common Stock Shares Outstanding
Common Stock Total Equity	- 0.84	Common Stock Shares Outstanding
Common Stock	- 0.8	Other Assets
Common Stock Total Equity	- 0.8	Other Assets
Common Stock Shares Outstanding	- 0.77	Net Debt