The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Axon Enterprise's current ratio for the quarter that ended in Mar. 2025 was 2.83.
Axon Enterprise has a current ratio of 2.83. It generally indicates good short-term financial strength.
The historical rank and industry rank for Axon Enterprise's Current Ratio or its related term are showing as below:
AXON'
s Current Ratio Range Over the Past 10 Years
Min: 1.37 Med: 3.13 Max: 4.77
Current: 2.83
During the past 13 years, Axon Enterprise's highest Current Ratio was 4.77. The lowest was 1.37. And the median was 3.13.
AXON's Current Ratio is ranked better than 70.25% of 326
companies
in the Aerospace & Defense industry
Industry Median: 1.82
vs AXON: 2.83
Axon Enterprise Current Ratio Historical Data
The historical data trend for Axon Enterprise's Current Ratio 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.
Competitive Comparison of Axon Enterprise's Current Ratio
For the Aerospace & Defense subindustry, Axon Enterprise's Current Ratio, along with its competitors' market caps and Current Ratio 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 Current Ratio Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Axon Enterprise's Current Ratio distribution charts can be found below:
* The bar in red indicates where Axon Enterprise's Current Ratio 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 (NAS:AXON) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Axon Enterprise Current Ratio Related Terms
Thank you for viewing the detailed overview of Axon Enterprise's Current Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
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, productivity and real-time operations software, body cameras, in-car cameras, TASER energy devices, drones and robotic security, and training solutions. The company's operation comprises of two operating segments, Software and Sensors, and TASER. The company generates the majority of its revenue from the Software and Sensors segment, which is engaged in developing, manufacturing, and selling fully integrated hardware and cloud-based software solutions that enable law enforcement to capture, securely store, manage, share, and analyze video and other digital evidence.
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