Axcelis Accounts Payable vs Short Long Term Debt Analysis

ACLS Stock  USD 99.61  0.98  0.97%   
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 Accounts Payable and its Short Long Term Debt 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.

Accounts Payable vs Short Long Term Debt

Accounts Payable vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Axcelis Technologies Accounts Payable account and Short Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Axcelis Technologies' Accounts Payable and Short Long Term Debt is -0.37. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Short Long Term Debt 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' Accounts Payable and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Axcelis Technologies are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Accounts Payable i.e., Axcelis Technologies' Accounts Payable and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.37
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Axcelis Technologies obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Axcelis Technologies are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Short Long Term Debt

The total of a company's short-term and long-term borrowings.
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.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 Profit286.4M401.8M491.3M515.9M
Total Revenue662.4M920.0M1.1B1.2B

Axcelis Technologies fundamental ratios Correlations

0.890.981.00.92-0.520.770.580.65-0.150.980.970.520.930.970.850.330.990.90.990.940.950.41-0.68-0.680.51
0.890.870.910.83-0.60.740.60.740.150.850.90.380.730.820.760.080.850.840.870.790.940.36-0.59-0.590.73
0.980.870.970.9-0.460.80.510.55-0.230.980.970.440.910.980.840.290.990.90.990.980.920.27-0.59-0.590.56
1.00.910.970.92-0.550.750.590.7-0.110.960.970.520.90.950.850.310.970.90.980.910.960.45-0.69-0.690.51
0.920.830.90.92-0.260.560.30.62-0.250.850.950.20.810.890.880.040.890.980.90.880.950.18-0.46-0.460.51
-0.52-0.6-0.46-0.55-0.26-0.53-0.97-0.46-0.3-0.58-0.38-0.77-0.44-0.49-0.26-0.59-0.46-0.26-0.52-0.34-0.41-0.650.660.66-0.3
0.770.740.80.750.56-0.530.620.60.020.790.760.590.740.720.640.320.80.570.780.740.710.42-0.65-0.650.66
0.580.60.510.590.3-0.970.620.530.280.630.430.880.560.540.290.680.530.290.570.390.440.72-0.75-0.750.27
0.650.740.550.70.62-0.460.60.530.360.530.690.460.530.480.630.00.550.560.570.420.760.69-0.67-0.670.56
-0.150.15-0.23-0.11-0.25-0.30.020.280.36-0.2-0.150.19-0.21-0.26-0.32-0.08-0.23-0.31-0.21-0.33-0.060.34-0.2-0.20.12
0.980.850.980.960.85-0.580.790.630.53-0.20.920.590.940.980.760.470.990.840.990.950.870.38-0.67-0.670.44
0.970.90.970.970.95-0.380.760.430.69-0.150.920.360.880.920.910.130.960.940.960.920.980.31-0.61-0.610.6
0.520.380.440.520.2-0.770.590.880.460.190.590.360.640.50.190.860.510.150.520.360.310.83-0.84-0.84-0.04
0.930.730.910.90.81-0.440.740.560.53-0.210.940.880.640.930.720.50.950.780.930.890.80.41-0.72-0.720.29
0.970.820.980.950.89-0.490.720.540.48-0.260.980.920.50.930.770.410.980.880.990.970.870.29-0.6-0.60.4
0.850.760.840.850.88-0.260.640.290.63-0.320.760.910.190.720.77-0.050.820.90.820.790.910.24-0.47-0.470.64
0.330.080.290.310.04-0.590.320.680.0-0.080.470.130.860.50.41-0.050.36-0.010.370.30.030.57-0.58-0.58-0.4
0.990.850.990.970.89-0.460.80.530.55-0.230.990.960.510.950.980.820.360.880.990.970.910.32-0.65-0.650.49
0.90.840.90.90.98-0.260.570.290.56-0.310.840.940.150.780.880.9-0.010.880.890.880.940.11-0.42-0.420.59
0.990.870.990.980.9-0.520.780.570.57-0.210.990.960.520.930.990.820.370.990.890.970.920.35-0.65-0.650.48
0.940.790.980.910.88-0.340.740.390.42-0.330.950.920.360.890.970.790.30.970.880.970.860.16-0.49-0.490.46
0.950.940.920.960.95-0.410.710.440.76-0.060.870.980.310.80.870.910.030.910.940.920.860.33-0.57-0.570.67
0.410.360.270.450.18-0.650.420.720.690.340.380.310.830.410.290.240.570.320.110.350.160.33-0.8-0.8-0.02
-0.68-0.59-0.59-0.69-0.460.66-0.65-0.75-0.67-0.2-0.67-0.61-0.84-0.72-0.6-0.47-0.58-0.65-0.42-0.65-0.49-0.57-0.81.0-0.2
-0.68-0.59-0.59-0.69-0.460.66-0.65-0.75-0.67-0.2-0.67-0.61-0.84-0.72-0.6-0.47-0.58-0.65-0.42-0.65-0.49-0.57-0.81.0-0.2
0.510.730.560.510.51-0.30.660.270.560.120.440.6-0.040.290.40.64-0.40.490.590.480.460.67-0.02-0.2-0.2
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Axcelis Technologies Account Relationship Matchups

Axcelis Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets548.1M624.6M753.2M1.0B1.3B1.3B
Other Current Liab18.3M38.4M50.7M61.1M59.6M62.5M
Total Current Liabilities68.7M84.4M150.1M248.1M285.1M299.4M
Total Stockholder Equity419.4M481.6M539.0M667.3M864.9M908.1M
Property Plant And Equipment Net53.1M54.9M63.5M69.8M138.2M145.2M
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 Other51.3M41.1M35.1M34.5M3.7M3.5M
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 Assets11.7M19.4M24.9M33.3M49.4M51.9M
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 Debt399K756K979K1.2M6.5M12.4M
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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