Zscaler (LTS:0XVU) Debt-to-Equity : 1.29 (As of Jan. 2024)

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What is Zscaler Debt-to-Equity?

Zscaler's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $45 Mil. Zscaler's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $1,189 Mil. Zscaler's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $959 Mil. Zscaler's debt to equity for the quarter that ended in Jan. 2024 was 1.29.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Zscaler's Debt-to-Equity or its related term are showing as below:

LTS:0XVU' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 1.84 Max: 2.83
Current: 1.29

During the past 9 years, the highest Debt-to-Equity Ratio of Zscaler was 2.83. The lowest was 0.11. And the median was 1.84.

LTS:0XVU's Debt-to-Equity is ranked worse than
88.78% of 2220 companies
in the Software industry
Industry Median: 0.21 vs LTS:0XVU: 1.29

Zscaler Debt-to-Equity Historical Data

The historical data trend for Zscaler's Debt-to-Equity 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.

* Premium members only.

Zscaler Debt-to-Equity Chart

Zscaler Annual Data

Trend

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Debt-to-Equity

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1.87

1.82

1.67

Zscaler Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial															2.30	2.02	1.67	1.51	1.29

Competitive Comparison of Zscaler's Debt-to-Equity

For the Software - Infrastructure subindustry, Zscaler's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Zscaler's Debt-to-Equity Distribution in the Software Industry

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

* The bar in red indicates where Zscaler's Debt-to-Equity falls into.

Zscaler Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zscaler's Debt to Equity Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(34.469	+	1176.076)	/	725.112
	=	1.67

Zscaler's Debt to Equity Ratio for the quarter that ended in Jan. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(44.773	+	1188.917)	/	958.856
	=	1.29

Zscaler (LTS:0XVU) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Zscaler Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Zscaler's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Zscaler (LTS:0XVU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Zscaler Inc (LTS:0XVU) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ZS:USA ZS:Mexico 0ZC:Germany 0ZC:Germany 0ZC:Germany

Address

120 Holger Way, San Jose, CA, USA, 95134

Website

https://www.zscaler.com

Zscaler is a software-as-a-service, or SaaS, firm focusing on providing cloud-native cybersecurity solutions to primarily enterprise customers. Zscaler's offerings can be broadly partitioned into Zscaler Internet Access, which provides secure access to external applications, and Zscaler Private Access, which provides secure access to internal applications. The firm is headquartered in San Jose, California, and went public in 2018.

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