Current Ratio
Higher than 83% of Industrials sector peers
Updated 198h ago
Sector Performance
83th percentileAXON
2.27x
Sector Median
1.18x
Sector Avg
2.81x
Deep Analysis
AXON’s current ratio of 2.27x means it has $2.27 in current assets for every $1 of current liabilities, indicating the company can cover short‑term debts comfortably.
This is well above the Industrials sector median of 1.18x, placing AXON in the 83rd percentile among peers. However, the metric shows no trend data — year‑over‑year change and quarter‑over‑quarter change are both listed as N/A, so we cannot assess recent movement. The high ratio alone suggests low liquidity risk, but the absence of a trend leaves an unclear picture of stability or improvement. This metric partially supports the overall CAUTIOUS verdict because while the strong level reduces immediate financial distress, the lack of trend data adds uncertainty that aligns with a cautious view.
Frequently Asked Questions
What does the Current Ratio tell investors about AXON?
Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.
How is the Current Ratio calculated?
Current Ratio is calculated as: Current Assets / Current Liabilities.
How does AXON's Current Ratio compare to its sector?
AXON's Current Ratio of 2.27x compares to a Industrials sector median of 1.18x, placing it in the 83th percentile.
Who are AXON's closest peers by Current Ratio?
The closest Industrials peers by Current Ratio include: AME (1.14x), PWR (1.14x), BLNK (1.23x), ROK (1.09x), CARR (1.05x).
The Formula
Current Assets / Current Liabilities
Why It Matters
Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.
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2.27x
Sector Median
1.18x
Sector Avg
2.81x
How AXON's Current Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.