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Axon Enterprise (Axon Enterprise) Debt-to-Equity : 0.44 (As of Dec. 2023)


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What is Axon Enterprise Debt-to-Equity?

Axon Enterprise's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Axon Enterprise's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $711 Mil. Axon Enterprise's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,612 Mil. Axon Enterprise's debt to equity for the quarter that ended in Dec. 2023 was 0.44.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Axon Enterprise's Debt-to-Equity or its related term are showing as below:

AXON' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.01   Max: 0.56
Current: 0.44

During the past 13 years, the highest Debt-to-Equity Ratio of Axon Enterprise was 0.56. The lowest was 0.00. And the median was 0.01.

AXON's Debt-to-Equity is ranked better than
51.57% of 254 companies
in the Aerospace & Defense industry
Industry Median: 0.445 vs AXON: 0.44

Axon Enterprise Debt-to-Equity Historical Data

The historical data trend for Axon Enterprise's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Axon Enterprise Debt-to-Equity Chart

Axon Enterprise Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.02 0.56 0.44

Axon Enterprise Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.56 0.51 0.49 0.47 0.44

Competitive Comparison of Axon Enterprise's Debt-to-Equity

For the Aerospace & Defense subindustry, Axon Enterprise's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Axon Enterprise's Debt-to-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Axon Enterprise's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Axon Enterprise's Debt-to-Equity falls into.



Axon Enterprise Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Axon Enterprise's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Axon Enterprise's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Axon Enterprise  (NAS:AXON) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Axon Enterprise Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Axon Enterprise's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Axon Enterprise (Axon Enterprise) Business Description

Traded in Other Exchanges
Address
17800 North 85th Street, Scottsdale, AZ, USA, 85255
Axon Enterprise Inc develops, manufactures, and sells conducted energy devices and cloud-based digital evidence management software designed for use by law enforcement, corrections, military forces, private security personnel, and private individuals for personal defense. The company operates in two segments: Taser and software & sensors. Taser develops and sells CEDs used for protecting users and virtual reality training. Software and sensors manufacture fully integrated hardware and cloud-based software solutions such as body cameras, automated license plate reading, and digital evidence management systems. Axon delivers its products worldwide and gets most of its revenue from the United States.
Executives
Joshua Isner officer: EVP Global Sales 17800 N 85TH ST, SCOTTSDALE AZ 85255
Jeffrey C Kunins officer: Chief Product Officer 17800 NORTH 85TH STREET, SCOTTSDALE AZ 85255
Brittany Bagley officer: CFO & CBO C/O SONOS, INC., 614 CHAPALA STREET, SANTA BARBARA CA 93101
Julie A Cullivan director 17800 N 85TH ST, SCOTTSDALE AZ 85255
Hadi Partovi director 9655 LAKE WASHINGTON BLVD NE, BELLEVUE WA 98004
Erika Nardini director 1241 E MAIN ST, STAMFORD CT 06902-3520
Patrick W Smith director, officer: Chief Executive Officer 7860 EAST MCCLAIN DRIVE, SUITE 2, SCOTTSDALE AZ 85260-1627
Jeri Williams director 17800 N 85TH ST, SCOTTSDALE AZ 85255
Graham Smith director 301 BRANNMAN ST, SAN FRANCISCO CA 94107
Mark W Kroll director PO BOX 23, CRYSTAL BAY MN 55323
Caitlin Elizabeth Kalinowski director 17800 NORTH 85TH STREET, SCOTTSDALE AZ 85255
Michael Garnreiter director 6735 E. GREENWAY PARKWAY, UNIT #2049, SCOTTSDALE AZ 85254
Luke Larson officer: Chief Marketing Officer 17800 N 85TH ST, SCOTTSDALE AZ 85255
Matthew R Mcbrady director
James Zito officer: Chief Financial Officer 17800 N 85TH ST, SCOTTSDALE AZ 85255