The company's use of debt is concerning given its EBIT loss ...
The company's use of debt is concerning given its EBIT loss of US$19m and falling revenue. The balance sheet appears strained, making AXT a risky stock. It is recommended to focus on companies that are free from net debt.
Is AXT (NASDAQ:AXTI) Using Too Much Debt?
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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