Axon Short Long Term Debt vs Net Debt Analysis
| AXON Stock | USD 631.27 21.45 3.52% |
Axon Enterprise financial indicator trend analysis is way more than just evaluating Axon Enterprise prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Axon Enterprise is a good investment. Please check the relationship between Axon Enterprise Short Long Term Debt and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Axon Enterprise. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Axon Stock, please use our How to Invest in Axon Enterprise guide.
Short Long Term Debt vs Net Debt
Short Long Term Debt vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Axon Enterprise Short Long Term Debt account and Net Debt. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Axon Enterprise's Short Long Term Debt and Net Debt is 0.12. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Net Debt in the same time period over historical financial statements of Axon Enterprise, assuming nothing else is changed. The correlation between historical values of Axon Enterprise's Short Long Term Debt and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Axon Enterprise are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Short Long Term Debt i.e., Axon Enterprise's Short Long Term Debt and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.12 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Short Long Term Debt
The total of a company's short-term and long-term borrowings.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Most indicators from Axon Enterprise's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Axon Enterprise current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Axon Enterprise. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Axon Stock, please use our How to Invest in Axon Enterprise guide.At this time, Axon Enterprise's Selling General Administrative is very stable compared to the past year. As of the 22nd of November 2024, Issuance Of Capital Stock is likely to grow to about 167.6 M, though Tax Provision is likely to grow to (11.6 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 26.7M | 103.3M | 7.0M | 7.1M | Depreciation And Amortization | 24.3M | 31.1M | 32.6M | 34.3M |
Axon Enterprise fundamental ratios Correlations
Click cells to compare fundamentals
Axon Enterprise Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Axon Enterprise fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 845.6M | 1.4B | 1.7B | 2.9B | 3.4B | 3.6B | |
| Other Current Liab | 3.9M | 228.3M | 382.6M | 522.8M | 214.2M | 224.9M | |
| Total Current Liabilities | 195.6M | 256.3M | 418.5M | 602.6M | 800.0M | 840.0M | |
| Total Stockholder Equity | 543.5M | 976.3M | 1.0B | 1.3B | 1.6B | 1.7B | |
| Property Plant And Equipment Net | 43.8M | 105.5M | 138.5M | 169.8M | 236.7M | 248.5M | |
| Current Deferred Revenue | 120.8M | 166.9M | 276.1M | 380.4M | 491.7M | 516.3M | |
| Net Debt | (161.6M) | (131.1M) | (329.4M) | 357.4M | 112.1M | 117.7M | |
| Retained Earnings | 172.3M | 169.9M | 109.9M | 257.0M | 431.2M | 452.8M | |
| Accounts Payable | 25.9M | 24.1M | 32.2M | 59.9M | 88.3M | 92.7M | |
| Cash | 172.3M | 155.4M | 356.3M | 353.7M | 598.5M | 628.5M | |
| Non Current Assets Total | 226.5M | 399.1M | 578.7M | 1.0B | 1.0B | 1.1B | |
| Cash And Short Term Investments | 350.8M | 562.0M | 443.0M | 974.7M | 1.3B | 1.4B | |
| Net Receivables | 194.6M | 293.1M | 501.2M | 555.1M | 693.5M | 728.1M | |
| Common Stock Shares Outstanding | 60.0M | 61.8M | 66.2M | 72.5M | 75.5M | 62.8M | |
| Liabilities And Stockholders Equity | 845.6M | 1.4B | 1.7B | 2.9B | 3.4B | 3.6B | |
| Non Current Liabilities Total | 106.6M | 148.4M | 221.8M | 980.8M | 1.0B | 1.1B | |
| Inventory | 38.8M | 90.0M | 108.7M | 202.5M | 269.9M | 283.3M | |
| Other Current Assets | 34.9M | 36.9M | 56.5M | 73.0M | 112.8M | 118.4M | |
| Other Stockholder Equity | 372.3M | 806.2M | 939.3M | 1.0B | 1.2B | 1.3B | |
| Total Liab | 302.1M | 404.8M | 640.4M | 1.6B | 1.8B | 1.9B | |
| Property Plant And Equipment Gross | 53.4M | 127.8M | 138.5M | 169.8M | 341.9M | 359.0M | |
| Total Current Assets | 619.1M | 982.0M | 1.1B | 1.8B | 2.4B | 2.5B | |
| Accumulated Other Comprehensive Income | (1.1M) | 141K | (1.3M) | (7.2M) | (10.7M) | (10.1M) | |
| Short Term Debt | 45.0M | 59.8M | 103.7M | 6.4M | 5.8M | 5.5M | |
| Property Plant Equipment | 43.8M | 105.5M | 138.5M | 208.2M | 239.4M | 251.4M | |
| Non Currrent Assets Other | 71.8M | 122.5M | 139.3M | 210.0M | 264.8M | 278.0M | |
| Intangible Assets | 12.8M | 9.4M | 15.5M | 12.2M | 19.5M | 20.5M | |
| Other Assets | 89.8M | 258.9M | 266.4M | 328.5M | 1.0 | 0.95 | |
| Other Liab | 99.8M | 148.4M | 221.8M | 269.6M | 310.1M | 325.6M | |
| Short Term Investments | 178.5M | 406.5M | 86.7M | 621.0M | 722.0M | 758.1M | |
| Net Tangible Assets | 505.7M | 941.6M | 988.8M | 1.2B | 1.4B | 1.5B | |
| Good Will | 25.0M | 25.2M | 43.6M | 45.0M | 57.9M | 60.8M | |
| Retained Earnings Total Equity | 171.4M | 172.3M | 169.9M | 109.9M | 126.4M | 117.9M | |
| Capital Surpluse | 453.4M | 528.3M | 962.2M | 1.1B | 1.3B | 1.3B | |
| Deferred Long Term Liab | 8.1M | 5.4M | 6.5M | 96.3M | 110.7M | 116.2M |
Pair Trading with Axon Enterprise
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Axon Enterprise position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Axon Enterprise will appreciate offsetting losses from the drop in the long position's value.Moving together with Axon Stock
Moving against Axon Stock
The ability to find closely correlated positions to Axon Enterprise could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Axon Enterprise when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Axon Enterprise - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Axon Enterprise to buy it.
The correlation of Axon Enterprise is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Axon Enterprise moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Axon Enterprise moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Axon Enterprise can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Axon Enterprise. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Axon Stock, please use our How to Invest in Axon Enterprise guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Aerospace & Defense space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Axon Enterprise. If investors know Axon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Axon Enterprise listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.062 | Earnings Share 3.84 | Revenue Per Share 25.727 | Quarterly Revenue Growth 0.317 | Return On Assets 0.0229 |
The market value of Axon Enterprise is measured differently than its book value, which is the value of Axon that is recorded on the company's balance sheet. Investors also form their own opinion of Axon Enterprise's value that differs from its market value or its book value, called intrinsic value, which is Axon Enterprise's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Axon Enterprise's market value can be influenced by many factors that don't directly affect Axon Enterprise's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Axon Enterprise's value and its price as these two are different measures arrived at by different means. Investors typically determine if Axon Enterprise is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Axon Enterprise's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.