Axon Enterprise Inc. (AXON)
Debt-to-equity ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 2,327,660 | 2,099,840 | 1,928,840 | 1,818,020 | 1,612,030 | 1,521,120 | 1,445,000 | 1,403,000 | 1,268,490 | 1,231,310 | 1,193,650 | 1,124,790 | 1,047,850 | 1,113,900 | 1,097,700 | 1,010,900 | 976,255 | 895,153 | 869,813 | 559,590 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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 consistently been reported as 0.00 for all the quarters from March 31, 2020, to December 31, 2024. This indicates that the company has no debt on its balance sheet relative to its equity during these periods. A debt-to-equity ratio of 0.00 signifies that the company is primarily relying on equity financing rather than debt to fund its operations and growth. This can be viewed positively by investors and creditors as it suggests a lower financial risk and potentially greater financial stability for the company. It also implies that Axon Enterprise Inc. has not been leveraging its operations with debt, which could be advantageous during economic downturns or volatile market conditions.
Peer comparison
Dec 31, 2024