• Axon Enterprise average current ratio for 2023 was 3.25, a 19.05% decline from 2022.
• Axon Enterprise average current ratio for 2022 was 2.73, a 20.18% increase from 2021.
• Axon Enterprise average current ratio for 2021 was 3.42, a 2.56% decline from 2020.

Current ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations.