Cloudflare (XSWX:NET) Debt-to-Asset : 0.57 (As of Mar. 2026)


XSWX:NET Cloudflare Inc XSWX:NET
78 GF Score
Price CHF195.52
GF Value CHF142.50
! 3 Warning Signs
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What is Cloudflare Debt-to-Asset?

Cloudflare XSWX:NET 78 Debt-to-Asset is 0.57 as of Mar. 2026. GuruFocus rates XSWX:NET with a GF Score™ of 78/100 and a GF Value™ of CHF142.50. The stock has 3 warning signs investors should review.

Cloudflare's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was CHF1,367 Mil. Cloudflare's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was CHF2,158 Mil. Cloudflare's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2026 was CHF6,164 Mil. Cloudflare's debt to asset for the quarter that ended in Mar. 2026 was 0.57.

Cloudflare  (XSWX:NET) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Cloudflare Debt-to-Asset Related Terms

Cloudflare Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Cloudflare's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Cloudflare Debt-to-Asset Chart

Cloudflare Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.61 0.52 0.44 0.58

Cloudflare Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.40 0.62 0.61 0.58 0.57

XSWX:NET vs : Debt-to-Asset Comparison

For the Software - Infrastructure subindustry, Cloudflare's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Cloudflare Debt-to-Asset vs Software Industry

For the Software industry and Technology sector, Cloudflare's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Cloudflare's Debt-to-Asset falls into.


XSWX:NET
78GF Score
Cloudflare Inc XSWX:NET
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Cloudflare Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Cloudflare's Debt-to-Asset for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(1362.182 + 2156.145) / 6036.256
=0.58

Cloudflare's Debt-to-Asset for the quarter that ended in Mar. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(1366.874 + 2157.662) / 6163.977
=0.57

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.57 mean?
Cloudflare (XSWX:NET) has a Debt-to-Asset of 0.57 as of Mar. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Cloudflare and its competitors.
Is Cloudflare's Debt-to-Asset too high?
Cloudflare's current Debt-to-Asset is 0.57. Overall, Cloudflare has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Cloudflare's Debt-to-Asset compare to ?
Cloudflare's Debt-to-Asset of 0.57 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Software company?
A good Debt-to-Asset depends on the Software industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Cloudflare and its competitors. Cloudflare's current Debt-to-Asset is 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cloudflare stock overvalued right now?
Cloudflare (XSWX:NET) has a current Debt-to-Asset of 0.57. The stock's GF Value™ is CHF142.50, compared to a current price of CHF195.52 — trading 37.2% above its estimated fair value. The current Debt-to-Asset is 0.57. Cloudflare's overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Cloudflare (XSWX:NET), the current Debt-to-Asset is 0.57 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Cloudflare (XSWX:NET) Overvalued in 2026?

Based on GuruFocus' analysis, Cloudflare stock appears to be overvalued. The current stock price of CHF195.52 is trading 37.2% above its estimated GF Value™ of CHF142.50.

Key valuation signals for XSWX:NET:

  • Debt-to-Asset: 0.57
  • GF Value™: CHF142.50 vs. price of CHF195.52 (37.2% above fair value)
  • GF Score™: 78/100 with 3 warning signs

No single metric tells the full story. See the XSWX:NET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Cloudflare Business Description

Comparable Companies
Address 101 Townsend Street, San Francisco, CA, USA, 94107
Cloudflare is a software company based in San Francisco, California, that offers security and web performance offerings by utilizing a distributed, serverless content delivery network, or CDN. The firm's edge computing platform, Workers, builds on this infrastructure by enabling clients to deploy and run code without the need to manage or maintain servers.
78GF Score

Get the complete analysis for XSWX:NET

Debt-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF195.52
Price
CHF142.50
GF Value