Axon Enterprise Financial Statements From 2010 to 2022

AXON
 Stock
  

USD 113.24  2.59  2.34%   

Axon Enterprise financial statements provide useful quarterly and yearly information to potential Axon Enterprise investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Axon Enterprise financial statements helps investors assess Axon Enterprise's valuation, profitability, and current liquidity needs.
Axon Enterprise does not presently have any fundamental signals for analysis.
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Check Axon Enterprise financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Axon Enterprise main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Axon Enterprise financial statements analysis is a perfect complement when working with Axon Enterprise Valuation or Volatility modules. It can also supplement Axon Enterprise's financial leverage analysis and stock options assessment as well as various Axon Enterprise Technical models . Please continue to the analysis of Axon Enterprise Correlation against competitors.

Axon Enterprise Cash per Share Analysis

Axon Enterprise's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Cash per Share 
 = 
Total Cash 
Average Shares 
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Current Axon Enterprise Cash per Share

    
  6.53 X  
Most of Axon Enterprise's fundamental indicators, such as Cash per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Axon Enterprise is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Compare to competition
In accordance with the recently published financial statements, Axon Enterprise has a Cash per Share of 6.53 times. This is 125.95% higher than that of the sector and 17.45% higher than that of the Cash per Share industry. The cash per share for all United States stocks is 30.34% lower than that of the firm.

Axon Enterprise Fundamental Drivers Relationships

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. You can analyze the relationship between different fundamental ratios across Axon Enterprise competition to find correlations between indicators driving Axon Enterprise's intrinsic value. More Info.
Axon Enterprise is rated second in price to book category among related companies. It is rated second in retained earnings category among related companies . . Comparative valuation analysis is a catch-all model that can be used if you cannot value Axon Enterprise by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Axon Enterprise's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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.

About Axon Enterprise Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Axon Enterprise income statement, its balance sheet, and the statement of cash flows. Axon Enterprise investors use historical funamental indicators, such as Axon Enterprise's revenue or net income, to determine how well the company is positioned to perform in the future. Although Axon Enterprise investors may use each financial statement separately, they are all related. The changes in Axon Enterprise's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Axon Enterprise's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Axon Enterprise Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Axon Enterprise. Please read more on our technical analysis and fundamental analysis pages.
Axon Enterprise, Inc. develops, manufactures, and sells conducted energy devices under the TASER brand in the United States and internationally. Axon Enterprise, Inc. was incorporated in 1993 and is headquartered in Scottsdale, Arizona. Axon Enterprise operates under Aerospace Defense classification in the United States and is traded on NASDAQ Exchange. It employs 2148 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Axon Enterprise without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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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 Enterprise

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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 equities. 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.
Pair CorrelationCorrelation Matching
Please continue to the analysis of Axon Enterprise Correlation against competitors. You can also try My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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Is Axon Enterprise's industry 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 Enterprise 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.
The market value of Axon Enterprise is measured differently than its book value, which is the value of Axon Enterprise 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 Axon Enterprise value 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.