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Axon EnterpriseXSWX:AXON 86 Cash-to-Debt is 0.38 as of Jun. 2026, which is 100% below its 10-year median of 1,320.73. GuruFocus rates XSWX:AXON with a GF Score™ of 86/100 and a GF Value™ of CHF511.25. The stock has 4 warning signs investors should review. Among 352 Aerospace & Defense companies, Axon Enterprise ranks worse than 70.17% on this metric.
Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Axon Enterprise's cash to debt ratio for the quarter that ended in Jun. 2026 was 0.38.
If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Axon Enterprisecouldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
The historical rank and industry rank for Axon Enterprise's Cash-to-Debt or its related term are showing as below:
XSWX:AXON'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.38 Med: 1320.73 Max: No Debt
Current: 0.38
During the past 13 years, Axon Enterprise's highest Cash to Debt Ratio was No Debt. The lowest was 0.38. And the median was 1320.73.
XSWX:AXON's Cash-to-Debt is ranked worse than 70.17% of 352
companies
in the Aerospace & Defense industry
Industry Median: 1.05
vs XSWX:AXON: 0.38
If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.
Axon Enterprise Cash-to-Debt Related Terms
Axon Enterprise Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Axon Enterprise's Cash-to-Debt 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.
Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
XSWX:AXON vs HEI.A, RKLB, CW: Cash-to-Debt Comparison
For the Aerospace & Defense subindustry, Axon Enterprise's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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 Cash-to-Debt vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Axon Enterprise's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Axon Enterprise's Cash-to-Debt falls into.
* 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 (XSWX:AXON) has a Cash-to-Debt of 0.38 as of Jun. 2026. This is 100% below median its historical median of 1,320.73. Over the past decade, Axon Enterprise's Cash-to-Debt has ranged from 0.38 to 10,000.00. According to the industry distribution chart, Axon Enterprise ranks #247 out of 352 companies in the Aerospace & Defense industry, placing it in the top 70.2%.
Is Axon Enterprise's Cash-to-Debt too high?
Axon Enterprise's current Cash-to-Debt of 0.38 is 100% below median its 10-year median of 1,320.73. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 10,000.00. The Aerospace & Defense industry median Cash-to-Debt is 1.05. Axon Enterprise's value of 0.38 is 63.8% below this industry median. Based on the distribution chart, Axon Enterprise ranks #247 out of 352 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Axon Enterprise has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does Axon Enterprise's Cash-to-Debt compare to HEI.A and RKLB?
According to the Aerospace & Defense industry distribution chart, Axon Enterprise ranks #247 out of 352 companies for Cash-to-Debt. This places Axon Enterprise in the lower half of its industry. The industry median Cash-to-Debt is 1.05. Axon Enterprise's value of 0.38 is 63.8% below this benchmark. Historically, Axon Enterprise's own Cash-to-Debt has ranged from 0.38 to 10,000.00 over the past decade. While the company's 10-year median is 1,320.73 vs. the industry median of 1.05, Axon Enterprise has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for an Aerospace & Defense company?
The median Cash-to-Debt among Aerospace & Defense companies is 1.05, based on 352 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Axon Enterprise's current Cash-to-Debt of 0.38 is 63.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Aerospace & Defense industry, the median Cash-to-Debt is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axon Enterprise's current Cash-to-Debt is 0.38, which is 100% below median its own 10-year median of 1,320.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axon Enterprise stock overvalued right now?
Axon Enterprise (XSWX:AXON) has a current Cash-to-Debt of 0.38. The stock's GF Value™ is CHF511.25, compared to a current price of CHF492.50 — trading 3.7% below its estimated fair value. The current Cash-to-Debt is 0.38, which is 100% below median its 10-year median of 1,320.73 and 63.8% below the Aerospace & Defense industry median of 1.05. Axon Enterprise's overall GF Score™ is 86/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Axon Enterprise (XSWX:AXON), the current Cash-to-Debt is 0.38 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Axon Enterprise (XSWX:AXON) Overvalued in 2026?
Based on GuruFocus' analysis, Axon Enterprise stock appears to be undervalued.
The current stock price of CHF492.50 is trading 3.7% below its estimated GF Value™ of CHF511.25.
Key valuation signals for XSWX:AXON:
Cash-to-Debt: 0.38 (100% below median its 10-year median of 1,320.73)
GF Value™: CHF511.25 vs. price of CHF492.50 (3.7% below fair value)
Industry Position: 63.8% below the Aerospace & Defense median (#247 of 352)
No single metric tells the full story. See the XSWX:AXON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Axon Enterprise Inc is building a public safety operating system by integrating a suite of hardware devices and cloud software solutions. The company's suite includes cloud-hosted digital evidence management solutions, TASER energy devices, drones and robotic security, and training solutions. Its operation comprises of two operating segments, Software and Services, and Connected Devices. The company generates the majority of its revenue from the Connected Devices segment, which is engaged in developing, manufacturing, and selling fully integrated hardware solutions such as conducted energy devices sold under the TASER brand, body cameras, fixed and in-car cameras, drone and counter-drone technologies, and a broad ecosystem of accessories, extended warranties and related hardware products.
86GF Score
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