Stock Analysis on Net
Stock Analysis on Net

Axon Enterprise Inc. (NASDAQ:AXON)

This company has been moved to the archive! The financial data has not been updated since May 9, 2023.

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity 

Axon Enterprise Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity

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Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Accounts payable 2.10 1.91 1.75 3.06 2.11
Accrued salaries, benefits and bonus 3.43 3.70 2.67 2.93 2.65
Accrued professional, consulting and lobbying fees 0.14 0.42 0.22 0.38 0.68
Accrued warranty expense 0.03 0.17 0.06 0.17 0.12
Accrued income and other taxes 0.48 0.22 0.28 0.40 0.58
Accrued inventory in transit 0.37 0.59 0.33 0.49 0.00
Other accrued expenses 1.03 1.04 0.77 0.95 1.68
Accrued liabilities 5.47% 6.14% 4.33% 5.32% 5.71%
Current portion of deferred revenue 12.62 15.73 11.87 13.94 14.87
Customer deposits 0.72 0.62 0.21 0.35 0.38
Other current liabilities 0.22 0.39 0.39 0.46 0.01
Current liabilities 21.13% 24.79% 18.56% 23.13% 23.07%
Deferred revenue, net of current portion 8.70 11.00 8.05 10.40 10.34
Liability for unrecognized tax benefits 0.38 0.22 0.33 0.45 0.40
Long-term deferred compensation 0.22 0.34 0.34 0.47 0.45
Deferred tax liability, net 0.00 0.05 0.05 0.04 0.00
Long-term operating lease liabilities 1.30 1.21 1.37 0.80 0.00
Convertible notes, net 23.63 0.00 0.00 0.00 0.00
Other long-term liabilities 0.16 0.32 0.61 0.44 0.79
Long-term liabilities 34.39% 13.14% 10.75% 12.60% 11.98%
Total liabilities 55.52% 37.93% 29.31% 35.73% 35.05%
Preferred stock, $0.00001 par value; no shares issued and outstanding 0.00 0.00 0.00 0.00 0.00
Common stock, $0.00001 par value 0.00 0.00 0.00 0.00 0.00
Additional paid-in capital 41.19 64.88 69.67 62.47 63.01
Treasury stock at cost -5.47 -9.24 -11.29 -18.44 -21.67
Retained earnings 9.01 6.51 12.30 20.37 23.82
Accumulated other comprehensive income (loss) -0.25 -0.08 0.01 -0.13 -0.21
Stockholders’ equity 44.48% 62.07% 70.69% 64.27% 64.95%
Total liabilities and stockholders’ equity 100.00% 100.00% 100.00% 100.00% 100.00%

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).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Axon Enterprise Inc. current liabilities as a percentage of total liabilities and stockholders’ equity increased from 2020 to 2021 but then slightly decreased from 2021 to 2022 not reaching 2020 level.
Long-term liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Axon Enterprise Inc. long-term liabilities as a percentage of total liabilities and stockholders’ equity increased from 2020 to 2021 and from 2021 to 2022.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Axon Enterprise Inc. total liabilities as a percentage of total liabilities and stockholders’ equity increased from 2020 to 2021 and from 2021 to 2022.
Stockholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Axon Enterprise Inc. stockholders’ equity as a percentage of total liabilities and stockholders’ equity decreased from 2020 to 2021 and from 2021 to 2022.