Analysis of Debt
Total Debt (Carrying Amount)
Axon Enterprise Inc., balance sheet: debt
US$ in thousands
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | ||
|---|---|---|---|---|---|---|
| Convertible notes, net | 673,967) | —) | —) | —) | —) | |
| Total convertible notes (carrying amount) | 673,967) | —) | —) | —) | —) |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
| Debt item | Description | The company |
|---|---|---|
| Total convertible notes (carrying amount) | Sum of the carrying values as of the balance sheet date of all debt plus capital lease obligations. |
Total Debt (Fair Value)
| Dec 31, 2022 | |
|---|---|
| Selected Financial Data (US$ in thousands) | |
| Total convertible notes (fair value) | 687,300) |
| Financial Ratio | |
| Debt, fair value to carrying amount ratio | 1.02 |
Based on: 10-K (reporting date: 2022-12-31).
Weighted-average Interest Rate on Debt
Weighted-average effective interest rate: 0.99%
| Interest rate | Debt amount1 | Interest rate × Debt amount | Weighted-average interest rate2 |
|---|---|---|---|
| 0.99% | 673,967) | 6,672) | |
| Total | 673,967) | 6,672) | |
| 0.99% | |||
Based on: 10-K (reporting date: 2022-12-31).
1 US$ in thousands
2 Weighted-average interest rate = 100 × 6,672 ÷ 673,967 = 0.99%