Axon Enterprise Balance Sheet Health
Financial Health criteria checks 5/6
Axon Enterprise has a total shareholder equity of $1.6B and total debt of $677.1M, which brings its debt-to-equity ratio to 42%. Its total assets and total liabilities are $3.4B and $1.8B respectively. Axon Enterprise's EBIT is $157.1M making its interest coverage ratio -3.7. It has cash and short-term investments of $1.3B.
Key information
42.0%
Debt to equity ratio
US$677.11m
Debt
Interest coverage ratio | -3.7x |
Cash | US$1.32b |
Equity | US$1.61b |
Total liabilities | US$1.82b |
Total assets | US$3.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0HKE's short term assets ($2.4B) exceed its short term liabilities ($800.0M).
Long Term Liabilities: 0HKE's short term assets ($2.4B) exceed its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: 0HKE has more cash than its total debt.
Reducing Debt: 0HKE's debt to equity ratio has increased from 0% to 42% over the past 5 years.
Debt Coverage: 0HKE's debt is well covered by operating cash flow (28%).
Interest Coverage: 0HKE earns more interest than it pays, so coverage of interest payments is not a concern.