Axon Enterprise Inc. (AXON)

Interest coverage

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Earnings before interest and tax (EBIT) US$ in thousands 154,789 93,253 -168,123 -14,150 -6,394
Interest expense US$ in thousands -13,323 -1,265 5,217 3,345 361
Interest coverage -32.23 -4.23 -17.71

December 31, 2023 calculation

Interest coverage = EBIT ÷ Interest expense
= $154,789K ÷ $-13,323K
= —

Given that the interest coverage ratio data is not provided in the table, no specific analysis can be performed on Axon Enterprise Inc's interest coverage over the years 2019 to 2023. The interest coverage ratio is a measure of a company's ability to pay its interest expenses on outstanding debt. A higher interest coverage ratio indicates a company's stronger ability to meet interest obligations.

Without the specific values for the interest coverage ratio, it is not possible to assess how well Axon Enterprise Inc has been able to cover its interest expenses relative to its earnings over the years analyzed. It is essential for investors and stakeholders to have access to this ratio to evaluate the company's financial health and its ability to service its debt obligations.


Peer comparison

Dec 31, 2023


See also:

Axon Enterprise Inc. Interest Coverage