Axonics Modulation Technologies Inc Net Asset Quality Index

Latest as of September 2024: 85.8%

Axonics Modulation Technologies Inc net asset quality index. Axonics Modulation Technologies Inc (AXNX) has a Net Asset Quality Index of 85.8% as of September 2024. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $774.17 Million minus total liabilities of $109.68 Million yields net assets of $664.49 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check AXNX cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.

Quality Index

85.8%
Equity / Total Assets

Net Assets

$664.49 Million
USD

Total Assets

$774.17 Million
USD

Total Liabilities

$109.68 Million
USD

Net Asset Quality Index of Axonics Modulation Technologies Inc (2016–2023)

Net asset quality index of Axonics Modulation Technologies Inc from 2016 to 2023. This chart shows how Axonics Modulation Technologies Inc's Net Asset Quality Index has evolved across 8 annual periods from 2016 to 2023. As of September 2024, the index stands at 85.8%, representing net assets of $664.49 Million against total assets of $774.17 Million USD. See Axonics Modulation Technologies Inc (AXNX) shareholders funds for net asset value and shareholders' equity analysis.

Axonics Modulation Technologies Inc Net Asset Quality Index by Year (2016–2023)

Axonics Modulation Technologies Inc net asset quality index by year from 2016 to 2023. The table below presents the year-by-year Net Asset Quality Index for Axonics Modulation Technologies Inc from 2016 to 2023, covering 8 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For live market cap and overall valuation, see market cap of Axonics Modulation Technologies Inc.

Year Quality Index Net Assets (USD) Total Assets Total Liabilities Change (pp)
2023 88.6% $637.56 Million $719.92 Million $82.36 Million ▲ +2.1 pp
2022 86.5% $570.14 Million $659.35 Million $89.21 Million ▼ -1.6 pp
2021 88.0% $482.44 Million $547.95 Million $65.51 Million ▲ +4.1 pp
2020 84.0% $287.37 Million $342.21 Million $54.84 Million ▲ +0.7 pp
2019 83.3% $183.00 Million $219.82 Million $36.82 Million ▼ -0.1 pp
2018 83.3% $143.28 Million $171.91 Million $28.63 Million ▲ +203.5 pp
2017 -120.2% $-35.35 Million $29.41 Million $64.77 Million ▲ +214.0 pp
2016 -334.2% $-36.28 Million $10.86 Million $47.14 Million —
pp = percentage points