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Palo Alto Networks (XTER:5AP) Debt-to-Equity : 0.17 (As of Oct. 2024)


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What is Palo Alto Networks Debt-to-Equity?

Palo Alto Networks's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2024 was €593 Mil. Palo Alto Networks's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2024 was €348 Mil. Palo Alto Networks's Total Stockholders Equity for the quarter that ended in Oct. 2024 was €5,427 Mil. Palo Alto Networks's debt to equity for the quarter that ended in Oct. 2024 was 0.17.

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 Palo Alto Networks's Debt-to-Equity or its related term are showing as below:

XTER:5AP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17   Med: 1.05   Max: 33.59
Current: 0.17

During the past 13 years, the highest Debt-to-Equity Ratio of Palo Alto Networks was 33.59. The lowest was 0.17. And the median was 1.05.

XTER:5AP's Debt-to-Equity is ranked better than
55.61% of 2210 companies
in the Software industry
Industry Median: 0.22 vs XTER:5AP: 0.17

Palo Alto Networks Debt-to-Equity Historical Data

The historical data trend for Palo Alto Networks'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.

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Palo Alto Networks Debt-to-Equity Chart

Palo Alto Networks Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.11 4.64 18.82 1.30 0.26

Palo Alto Networks Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Debt-to-Equity 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 1.02 0.50 0.34 0.26 0.17

Competitive Comparison of Palo Alto Networks's Debt-to-Equity

For the Software - Infrastructure subindustry, Palo Alto Networks'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.


Palo Alto Networks's Debt-to-Equity Distribution in the Software Industry

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

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



Palo Alto Networks Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Palo Alto Networks's Debt to Equity Ratio for the fiscal year that ended in Jul. 2024 is calculated as

Palo Alto Networks's Debt to Equity Ratio for the quarter that ended in Oct. 2024 is calculated as

* 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.


Palo Alto Networks  (XTER:5AP) 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.


Palo Alto Networks Debt-to-Equity Related Terms

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Palo Alto Networks Business Description

Address
3000 Tannery Way, Santa Clara, CA, USA, 95054
Palo Alto Networks is a platform-based cybersecurity vendor with product offerings covering network security, cloud security, and security operations. The California-based firm has more than 80,000 enterprise customers across the world, including more than three fourths of the Global 2000.

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