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
These 4 Measures Indicate That Axon Enterprise (NASDAQ:AXON) Is Using Debt Safely
Oct 05
These 4 Measures Indicate That Axon Enterprise (NASDAQ:AXON) Is Using Debt Safely
Dec 21Axon Enterprise (NASDAQ:AXON) Seems To Use Debt Rather Sparingly
Sep 18Axon Enterprise (NASDAQ:AXON) Has A Rock Solid Balance Sheet
Jun 05Recent updates
Axon Enterprise: AI Upside Negated By Full Valuation
Nov 16Axon Enterprise, Inc. Just Recorded A 1,679% EPS Beat: Here's What Analysts Are Forecasting Next
Nov 09Axon Enterprise, Inc.'s (NASDAQ:AXON) Intrinsic Value Is Potentially 19% Below Its Share Price
Nov 07Market Participants Recognise Axon Enterprise, Inc.'s (NASDAQ:AXON) Revenues
Oct 16Axon Enterprise: The Potential Of AI Innovation And Why It's A Buy
Oct 13These 4 Measures Indicate That Axon Enterprise (NASDAQ:AXON) Is Using Debt Safely
Oct 05Axon Enterprises: Do Not Get Tasered
Sep 15Here's Why We Think Axon Enterprise (NASDAQ:AXON) Is Well Worth Watching
Sep 12When Should You Buy Axon Enterprise, Inc. (NASDAQ:AXON)?
Aug 21Axon Enterprise (NASDAQ:AXON) Is Looking To Continue Growing Its Returns On Capital
Aug 10A Look At The Intrinsic Value Of Axon Enterprise, Inc. (NASDAQ:AXON)
Jul 30Market Participants Recognise Axon Enterprise, Inc.'s (NASDAQ:AXON) Revenues
Jul 16Axon: Lofty Valuation Yet Capturing More Long-Term Growth
Jul 09Axon Enterprise: Draft One AI Is A Game Changer
Jun 13Axon Enterprise: My Expectation Is An Earnings Beat From This High-Quality Company (Rating Upgrade)
May 03If EPS Growth Is Important To You, Axon Enterprise (NASDAQ:AXON) Presents An Opportunity
Apr 29Investors Still Waiting For A Pull Back In Axon Enterprise, Inc. (NASDAQ:AXON)
Apr 01Beyond The TASER: How Axon Is Revolutionizing Public Safety (And Your Portfolio)
Mar 26Axon Enterprise: Flywheel Continues To Deliver Strong Results
Mar 05Results: Axon Enterprise, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
Feb 29Returns On Capital At Axon Enterprise (NASDAQ:AXON) Have Hit The Brakes
Feb 27Axon: Bringing AI To Law Enforcement Through Innovation
Feb 01Estimating The Intrinsic Value Of Axon Enterprise, Inc. (NASDAQ:AXON)
Jan 23Over 18% Annual Return Potential: Axon May Be The Best Compounder In The Defense Industry
Jan 16Shareholders Should Be Pleased With Axon Enterprise, Inc.'s (NASDAQ:AXON) Price
Jan 01These 4 Measures Indicate That Axon Enterprise (NASDAQ:AXON) Is Using Debt Safely
Dec 21Should You Think About Buying Axon Enterprise, Inc. (NASDAQ:AXON) Now?
Dec 10Does Axon Enterprise (NASDAQ:AXON) Deserve A Spot On Your Watchlist?
Nov 28Here's What To Make Of Axon Enterprise's (NASDAQ:AXON) Decelerating Rates Of Return
Nov 06Axon Enterprise (NASDAQ:AXON) Seems To Use Debt Rather Sparingly
Sep 18Estimating The Intrinsic Value Of Axon Enterprise, Inc. (NASDAQ:AXON)
Sep 04When Should You Buy Axon Enterprise, Inc. (NASDAQ:AXON)?
Aug 20Capital Allocation Trends At Axon Enterprise (NASDAQ:AXON) Aren't Ideal
Jul 26Is Now The Time To Put Axon Enterprise (NASDAQ:AXON) On Your Watchlist?
Jun 18Axon Enterprise (NASDAQ:AXON) Has A Rock Solid Balance Sheet
Jun 05Financial Position Analysis
Short Term Liabilities: AXON's short term assets ($2.4B) exceed its short term liabilities ($823.2M).
Long Term Liabilities: AXON's short term assets ($2.4B) exceed its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: AXON has more cash than its total debt.
Reducing Debt: AXON's debt to equity ratio has increased from 0% to 32.4% over the past 5 years.
Debt Coverage: AXON's debt is well covered by operating cash flow (43.9%).
Interest Coverage: AXON earns more interest than it pays, so coverage of interest payments is not a concern.