Axon Enterprise Total Debt vs. Revenue
| 0HKE Stock | 632.74 7.44 1.19% |
For Axon Enterprise profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Axon Enterprise to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Axon Enterprise utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Axon Enterprise's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Axon Enterprise over time as well as its relative position and ranking within its peers.
Axon |
Axon Enterprise Revenue vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Axon Enterprise's current stock value. Our valuation model uses many indicators to compare Axon Enterprise value to that of its competitors to determine the firm's financial worth. Axon Enterprise is rated second in total debt category among its peers. It is rated fifth in revenue category among its peers totaling about 2.20 of Revenue per Total Debt. At this time, Axon Enterprise's Total Revenue is comparatively stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Axon Enterprise's earnings, one of the primary drivers of an investment's value.Axon Total Debt vs. Competition
Axon Enterprise is rated second in total debt category among its peers. Total debt of Industrials industry is presently estimated at about 21.73 Billion. Axon Enterprise holds roughly 710.66 Million in total debt claiming about 3% of equities under Industrials industry.
Axon Revenue vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Axon Enterprise |
| = | 710.66 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Axon Enterprise |
| = | 1.56 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Axon Revenue vs Competition
Axon Enterprise is rated fifth in revenue category among its peers. Market size based on revenue of Industrials industry is presently estimated at about 126.85 Billion. Axon Enterprise claims roughly 1.56 Billion in revenue contributing just under 2% to equities under Industrials industry.
Axon Enterprise Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Axon Enterprise, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Axon Enterprise will eventually generate negative long term returns. The profitability progress is the general direction of Axon Enterprise's change in net profit over the period of time. It can combine multiple indicators of Axon Enterprise, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -10.7 M | -10.1 M | |
| Operating Income | 154.8 M | 162.5 M | |
| Income Before Tax | 155 M | 162.8 M | |
| Total Other Income Expense Net | 211 K | 200.4 K | |
| Net Income | 174.2 M | 182.9 M | |
| Income Tax Expense | -19.2 M | -18.3 M | |
| Interest Income | 9 M | 5 M | |
| Net Income Applicable To Common Shares | 169.2 M | 177.7 M | |
| Change To Netincome | 51.3 M | 92.1 M |
Axon Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Axon Enterprise. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Axon Enterprise position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Axon Enterprise's important profitability drivers and their relationship over time.
Use Axon Enterprise in pair-trading
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.Axon Enterprise Pair Trading
Axon Enterprise Pair Trading Analysis
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.Use Investing Themes to Complement your Axon Enterprise position
In addition to having Axon Enterprise in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Oil And Gas Thematic Idea Now
Oil And Gas
Companies involved in drilling, production, and distribution of oil and gas pipelines. The Oil And Gas theme has 45 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Oil And Gas Theme or any other thematic opportunities.
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Additional Tools for Axon Stock Analysis
When running Axon Enterprise's price analysis, check to measure Axon Enterprise's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Axon Enterprise is operating at the current time. Most of Axon Enterprise's value examination focuses on studying past and present price action to predict the probability of Axon Enterprise's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Axon Enterprise's price. Additionally, you may evaluate how the addition of Axon Enterprise to your portfolios can decrease your overall portfolio volatility.