Axon Enterprise Inc. (AXON)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 2,327,660 | 1,612,030 | 1,268,490 | 1,047,850 | 976,255 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $2,327,660K
= 0.00
The debt-to-equity ratio of Axon Enterprise Inc. has been consistently reported as 0.00 from December 31, 2020, until December 31, 2024. This indicates that the company has not taken on any debt during this period relative to its equity. A debt-to-equity ratio of 0.00 typically signifies that the company is financing its operations primarily through equity rather than debt, which may imply a lower financial risk and a stronger financial position. However, it is important to consider additional factors such as the nature of the industry and the company's specific circumstances when assessing the implications of this ratio.
Peer comparison
Dec 31, 2024