Axon Enterprise Balance Sheet Health
Financial Health criteria checks 5/6
Axon Enterprise has a total shareholder equity of $2.1B and total debt of $679.5M, which brings its debt-to-equity ratio to 32.4%. Its total assets and total liabilities are $4.0B and $1.9B respectively. Axon Enterprise's EBIT is $132.7M making its interest coverage ratio -3.1. It has cash and short-term investments of $1.2B.
Key information
32.4%
Debt to equity ratio
US$679.48m
Debt
| Interest coverage ratio | -3.1x |
| Cash | US$1.16b |
| Equity | US$2.10b |
| Total liabilities | US$1.91b |
| Total assets | US$4.01b |
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 ($823.2M).
Long Term Liabilities: 0HKE's short term assets ($2.4B) exceed its long term liabilities ($1.1B).
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 32.4% over the past 5 years.
Debt Coverage: 0HKE's debt is well covered by operating cash flow (43.9%).
Interest Coverage: 0HKE earns more interest than it pays, so coverage of interest payments is not a concern.