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AXON (Axon Enterprise) Interest Coverage : 0 (At Loss) (As of Mar. 2025)


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What is Axon Enterprise Interest Coverage?

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Axon Enterprise's Operating Income for the three months ended in Mar. 2025 was $-9 Mil. Axon Enterprise's Interest Expense for the three months ended in Mar. 2025 was $-8 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Axon Enterprise's Interest Coverage or its related term are showing as below:

AXON' s Interest Coverage Range Over the Past 10 Years
Min: 2.46   Med: No Debt   Max: No Debt
Current: 2.46


AXON's Interest Coverage is ranked worse than
78.54% of 219 companies
in the Aerospace & Defense industry
Industry Median: 7.65 vs AXON: 2.46

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Axon Enterprise Interest Coverage Historical Data

The historical data trend for Axon Enterprise's Interest Coverage 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: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Axon Enterprise Interest Coverage Chart

Axon Enterprise Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt N/A N/A 22.42 8.25

Axon Enterprise Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.37 17.57 14.63 - -

Competitive Comparison of Axon Enterprise's Interest Coverage

For the Aerospace & Defense subindustry, Axon Enterprise's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Axon Enterprise's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Axon Enterprise's Interest Coverage falls into.


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Axon Enterprise Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Axon Enterprise's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Axon Enterprise's Interest Expense was $-7 Mil. Its Operating Income was $59 Mil. And its Long-Term Debt & Capital Lease Obligation was $41 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*58.54/-7.098
=8.25

Axon Enterprise's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Axon Enterprise's Interest Expense was $-8 Mil. Its Operating Income was $-9 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,768 Mil.

Axon Enterprise did not have earnings to cover the interest expense.

* 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.

The higher the ratio, the stronger the company's Financial Strength is.


Axon Enterprise  (NAS:AXON) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Axon Enterprise Interest Coverage Related Terms

Thank you for viewing the detailed overview of Axon Enterprise's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Axon Enterprise Business Description

Traded in Other Exchanges
Address
17800 North 85th Street, Scottsdale, AZ, USA, 85255
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.
Executives
Jeri Williams director 17800 N 85TH ST, SCOTTSDALE AZ 85255
Caitlin Elizabeth Kalinowski director 17800 NORTH 85TH STREET, SCOTTSDALE AZ 85255
Jeffrey C Kunins officer: Chief Product Officer 17800 NORTH 85TH STREET, SCOTTSDALE AZ 85255
Joshua Isner officer: EVP Global Sales 17800 N 85TH ST, SCOTTSDALE AZ 85255
Michael Garnreiter director 6735 E. GREENWAY PARKWAY, UNIT #2049, SCOTTSDALE AZ 85254
Julie A Cullivan director 17800 N 85TH ST, SCOTTSDALE AZ 85255
Brittany Bagley officer: CFO & CBO C/O SONOS, INC., 614 CHAPALA STREET, SANTA BARBARA CA 93101
Matthew R Mcbrady director
Patrick W Smith director, officer: Chief Executive Officer 7860 EAST MCCLAIN DRIVE, SUITE 2, SCOTTSDALE AZ 85260-1627
Hadi Partovi director 9655 LAKE WASHINGTON BLVD NE, BELLEVUE WA 98004
Erika Nardini director 1241 E MAIN ST, STAMFORD CT 06902-3520
Graham Smith director 301 BRANNMAN ST, SAN FRANCISCO CA 94107
Mark W Kroll director PO BOX 23, CRYSTAL BAY MN 55323
Luke Larson officer: Chief Marketing Officer 17800 N 85TH ST, SCOTTSDALE AZ 85255
James Zito officer: Chief Financial Officer 17800 N 85TH ST, SCOTTSDALE AZ 85255