Axon Enterprise (LTS:0HKE) LT-Debt-to-Total-Asset : 0.16 (As of Dec. 2024)

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What is Axon Enterprise LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Axon Enterprise's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.16.

Axon Enterprise's long-term debt to total assets ratio declined from Dec. 2023 (0.21) to Dec. 2024 (0.16). It may suggest that Axon Enterprise is progressively becoming less dependent on debt to grow their business.

Axon Enterprise LT-Debt-to-Total-Asset Historical Data

The historical data trend for Axon Enterprise's LT-Debt-to-Total-Asset 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.

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Axon Enterprise LT-Debt-to-Total-Asset Chart

Axon Enterprise Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.01

0.25

0.21

0.16

Axon Enterprise Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.21	0.20	0.19	0.18	0.16

Axon Enterprise LT-Debt-to-Total-Asset Calculation

Axon Enterprise's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	721.672	/	4474.588
	=	0.16

Axon Enterprise's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	721.672	/	4474.588
	=	0.16

Axon Enterprise (LTS:0HKE) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Axon Enterprise LT-Debt-to-Total-Asset Related Terms

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Axon Enterprise Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Axon Enterprise Inc (LTS:0HKE) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

AXON:USA AXON:Mexico TCS:Germany TCS:Germany

Address

17800 North 85th Street, Scottsdale, AZ, USA, 85255

Website

https://www.axon.com

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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