Axcelis Story

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ACLS -- USA Stock  

USD 42.04  0.62  1.45%

The upcoming quarterly report is expected on the 4th of May 2021. The stock is currently experiencing an active upward rally. Axcelis Tech Receivables Turnover is relatively stable at the moment as compared to the past year. Axcelis Tech reported last year Receivables Turnover of 5.55. As of 04/03/2021, Accrued Expenses Turnover is likely to grow to 27.26, while Average Assets are likely to drop slightly above 513.8 M. As many of us are excited about technology space, it is fair to sum up Axcelis Tech as a unique alternative. Let's try to discuss if Axcelis Tech shares are reasonably priced going into May.
Published over two weeks ago
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Continue to hold Axcelis (NASDAQ:ACLS) based on its current debt obligations?
The company currently holds 52.67 M in liabilities with Debt to Equity (D/E) ratio of 0.11, which may suggest the firm is not taking enough advantage from borrowing. Axcelis Tech has a current ratio of 5.47, suggesting that it is liquid enough and is able to pay its financial obligations when due.
Axcelis Tech financial leverage ratio helps determine the effect of debt on the overall profitability of the company. It measures the total debt position of Axcelis Tech, including all of Axcelis Tech's outstanding debt obligations, and compares it with the equity. In simple terms, the high financial leverage means the cost of production, together with running the business day-to-day, is high, whereas, lower financial leverage implies lower fixed cost investment in the business and generally considered by investors to be a good sign. So if creditors own a majority of Axcelis Tech assets, the company is considered highly leveraged. Understanding the composition and structure of overall Axcelis Tech debt and outstanding corporate bonds gives a good idea of how risky the capital structure of a business is and if it is worth investing in it.
Please read more on our technical analysis page.

Understanding Axcelis Total Liabilities

Axcelis Tech liabilities are broken down into two parts on the balance sheet. These are short-term (or current) obligations and long-term debt. Axcelis Tech has to fulfill its short-term liabilities in this reporting year and should be no more than 12 months old. Long-term debt, on the other hand, is anything beyond the 12-month payment timeframe. Common short-term liabilities found on Axcelis Tech balance sheet include debt obligations and money owed to different Axcelis Tech vendors, workers, and loan providers. Below is the chart of Axcelis short long-term liabilities accounts currently reported on its balance sheet.
You can use Axcelis Tech financial leverage analysis tool to get a better grip on understanding its financial position

How important is Axcelis Tech's Liquidity

Axcelis Tech financial leverage refers to using borrowed capital as a funding source to finance Axcelis Tech ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Axcelis Tech financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Axcelis Tech's total debt and its cash.

An Additional Perspective On Axcelis Tech

The entity reported the previous year's revenue of 474.56 M. Net Income was 49.98 M with profit before overhead, payroll, taxes, and interest of 198.58 M.

Asset Breakdown

132.9 M
Assets Non Current
Tax Assets
407.8 M
Current Assets
Total Assets540.69 Million
Current Assets407.77 Million
Assets Non Current132.92 Million
Tax Assets63.11 Million

Our perspective of the latest Axcelis Tech spike

Market Risk Adjusted Performance just dropped to -1.01, may connote upcoming price decrease. Axcelis Tech shows above-average downside volatility for the selected time horizon. We advise investors to inspect Axcelis Tech further and ensure that all market timing and asset allocation strategies are consistent with the estimation of Axcelis Tech future alpha. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Axcelis Tech's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Axcelis Tech's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Our Final Takeaway

While some other companies under the semiconductor equipment & materials industry are still a bit expensive, Axcelis Tech may offer a potential longer-term growth to retail investors. While some retail investors may not share our view we believe it may be a good time to exit Axcelis as the risk-reward trade off is not appealing enough to hold a position. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Axcelis Tech.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Gabriel Shpitalnik do not own shares of Axcelis Tech. Please refer to our Terms of Use for any information regarding our disclosure principles.

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